Narrative Update • May 25
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- 7D9.8%
- 3M78.7%
- 1Y116.7%
- YTD95.0%
In the last week, the Electronic Equipment and Components industry is up 9.8%, with Jenoptik up 3.5%. Meanwhile, LPKF Laser & Electronics actually underperformed within the industry, shrinking 11% in the last week. In the last 12 months, the industry was up 117%. Looking forward, earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the German Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 31 May 2026 | €6.5b | €2.6b | €39.7m | 22.5x | 162.7x | 2.5x |
| Tue, 28 Apr 2026 | €4.5b | €2.4b | €10.6m | 26.9x | 421.6x | 1.8x |
| Thu, 26 Mar 2026 | €3.6b | €2.7b | -€17,697,595.02 | 24.5x | -200.8x | 1.3x |
| Sat, 21 Feb 2026 | €3.8b | €2.6b | -€30,920,289.52 | 34.8x | -121.9x | 1.4x |
| Mon, 19 Jan 2026 | €4.0b | €2.6b | -€28,002,921.18 | 42x | -142.7x | 1.5x |
| Wed, 17 Dec 2025 | €3.6b | €2.6b | -€27,651,642.34 | 41.5x | -130.7x | 1.4x |
| Fri, 14 Nov 2025 | €3.6b | €2.6b | -€15,051,110.53 | 45.9x | -242.1x | 1.4x |
| Sun, 12 Oct 2025 | €3.8b | €2.7b | -€14,190,390.72 | 35.8x | -269.1x | 1.4x |
| Tue, 09 Sep 2025 | €3.7b | €2.7b | -€10,360,266.40 | 33.9x | -355.4x | 1.4x |
| Thu, 07 Aug 2025 | €3.7b | €2.7b | €51.2m | 33.1x | 72.8x | 1.4x |
| Sat, 05 Jul 2025 | €2.9b | €2.7b | €48.3m | 30.2x | 59.7x | 1.1x |
| Mon, 02 Jun 2025 | €2.8b | €3.5b | €17.0m | 25.6x | 165.6x | 0.8x |
| Wed, 30 Apr 2025 | €2.7b | €3.6b | €22.6m | 17.7x | 118.7x | 0.8x |
| Fri, 28 Mar 2025 | €3.0b | €4.0b | €25.2m | 14.8x | 118.3x | 0.7x |
| Sun, 23 Feb 2025 | €3.1b | €4.0b | €28.9m | 13.3x | 108.4x | 0.8x |
| Tue, 21 Jan 2025 | €3.2b | €4.0b | €29.0m | 14.2x | 109.2x | 0.8x |
| Thu, 19 Dec 2024 | €3.2b | €4.0b | €29.0m | 14.1x | 109.4x | 0.8x |
| Sat, 16 Nov 2024 | €3.1b | €4.1b | €40.0m | 12.8x | 76.4x | 0.8x |
| Mon, 14 Oct 2024 | €3.6b | €4.1b | €27.7m | 13.4x | 129.6x | 0.9x |
| Wed, 11 Sep 2024 | €3.5b | €4.1b | €25.7m | 16.5x | 138.3x | 0.9x |
| Fri, 09 Aug 2024 | €3.5b | €4.1b | €86.2m | 17.1x | 41.1x | 0.9x |
| Sun, 07 Jul 2024 | €3.7b | €4.1b | €87.1m | 18.2x | 42.8x | 0.9x |
| Tue, 04 Jun 2024 | €3.7b | €4.1b | €90.3m | 18x | 41.3x | 0.9x |
| Thu, 02 May 2024 | €3.5b | €4.1b | €89.6m | 12x | 39.3x | 0.9x |
| Sat, 30 Mar 2024 | €3.7b | €4.1b | €102.8m | 13.8x | 36.4x | 0.9x |
| Mon, 26 Feb 2024 | €3.9b | €4.1b | €95.7m | 10.6x | 40.5x | 0.9x |
| Wed, 24 Jan 2024 | €3.9b | €4.2b | €95.0m | 11x | 41.2x | 0.9x |
| Fri, 22 Dec 2023 | €3.9b | €4.2b | €94.8m | 11.6x | 41.1x | 0.9x |
| Sun, 19 Nov 2023 | €3.5b | €4.1b | €101.3m | 12.7x | 34.3x | 0.8x |
| Tue, 17 Oct 2023 | €3.0b | €4.1b | €133.7m | 15x | 22.7x | 0.7x |
| Thu, 14 Sep 2023 | €3.7b | €4.1b | €128.8m | 16.6x | 28.7x | 0.9x |
| Sat, 12 Aug 2023 | €3.9b | €4.1b | €139.1m | 15x | 28x | 1x |
| Mon, 10 Jul 2023 | €4.2b | €3.7b | €121.6m | 20.4x | 34.3x | 1.1x |
| Wed, 07 Jun 2023 | €4.4b | €3.7b | €121.6m | 20.9x | 35.9x | 1.2x |
Price to Earnings Ratio
35.9x
Current Industry PE
- Investors are optimistic on the German Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 163x which is higher than its 3-year average PE of 15.8x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 31% per year over the last three years,
- Revenues have also declined 12% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the German Tech industry?
| DE Market | 0.70% | |
| Tech | 4.90% | |
| Electronic Equipment and Components | 9.81% | |
| Electronic Components | 65.79% | |
| Technology Distributors | 25.32% | |
| Electronic Manufacturing Services | 3.25% | |
| Electronic Equipment and Instruments | 1.64% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 51.7x.
- Analysts are expecting annual earnings growth of 32.6%, which is higher than its past year's earnings decline of 26.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 40% over the next 5 years.
- However this is lower than its past earnings growth rate of 88% per year.
- In contrast, the Electronic Components industry is expected to see its earnings decline by 4.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JEN Jenoptik | €46.00 | 3.5% +€88.1m | 138.0% | PE34.5x | |
| BSL Basler | €29.05 | 5.8% +€49.2m | 214.4% | PE44.9x | |
| 7H6 SHT Smart High-Tech | €3.65 | 69.4% +€44.8m | 178.6% | PS198.6x | |
| EVAC electrovac | €8.79 | 5.3% +€7.0m | n/a | PE17.1x | |
| V6C Viscom | €6.46 | 7.7% +€4.1m | 65.6% | PS0.8x |