Narrative Update • Jun 22
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- 7D-0.4%
- 3M86.5%
- 1Y111.1%
- YTD93.9%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.0%, driven by LPKF Laser & Electronics declining 12%. On the other hand Jenoptik is actually up 6.5%. Over the past 12 months, the industry was up 114%. Looking forward, earnings are forecast to grow by 35% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jun 2026 | €6.4b | €2.6b | €41.2m | 26.3x | 156.3x | 2.5x |
| Sun, 24 May 2026 | €5.9b | €2.6b | €39.9m | 21.2x | 147.9x | 2.3x |
| Tue, 21 Apr 2026 | €4.5b | €2.4b | €10.6m | 28.1x | 428.1x | 1.9x |
| Thu, 19 Mar 2026 | €3.7b | €2.6b | -€24,222,674.35 | 37.4x | -152.7x | 1.4x |
| Sat, 14 Feb 2026 | €3.8b | €2.6b | -€30,987,304.69 | 40.6x | -122.3x | 1.4x |
| Mon, 12 Jan 2026 | €3.8b | €2.6b | -€27,989,273.80 | 42.1x | -137.1x | 1.4x |
| Wed, 10 Dec 2025 | €3.6b | €2.6b | -€27,720,038.62 | 40.2x | -130.5x | 1.4x |
| Fri, 07 Nov 2025 | €3.6b | €2.7b | -€14,711,288.69 | 33.1x | -244.5x | 1.4x |
| Sun, 05 Oct 2025 | €3.9b | €2.7b | -€14,228,426.46 | 36x | -271.3x | 1.5x |
| Tue, 02 Sep 2025 | €3.7b | €2.7b | -€10,368,025.75 | 34x | -357.7x | 1.4x |
| Thu, 31 Jul 2025 | €3.9b | €2.7b | €51.2m | 33.4x | 75.3x | 1.4x |
| Sat, 28 Jun 2025 | €3.0b | €3.5b | €17.1m | 29.6x | 173.1x | 0.8x |
| Mon, 26 May 2025 | €2.8b | €3.5b | €21.1m | 27.9x | 131x | 0.8x |
| Wed, 23 Apr 2025 | €2.6b | €3.6b | €22.3m | 14.7x | 118.1x | 0.7x |
| Fri, 21 Mar 2025 | €3.2b | €4.0b | €27.2m | 14.2x | 116.5x | 0.8x |
| Sun, 16 Feb 2025 | €3.2b | €4.0b | €28.9m | 13.4x | 109.8x | 0.8x |
| Tue, 14 Jan 2025 | €3.1b | €4.0b | €29.0m | 14.4x | 108x | 0.8x |
| Thu, 12 Dec 2024 | €3.1b | €4.0b | €29.0m | 13.9x | 106.5x | 0.8x |
| Sat, 09 Nov 2024 | €3.1b | €4.1b | €41.7m | 11.7x | 75.2x | 0.8x |
| Mon, 07 Oct 2024 | €3.6b | €4.1b | €25.5m | 14.3x | 141.1x | 0.9x |
| Wed, 04 Sep 2024 | €3.7b | €4.1b | €25.9m | 17.1x | 141x | 0.9x |
| Fri, 02 Aug 2024 | €3.6b | €4.1b | €86.3m | 18.1x | 42x | 0.9x |
| Sun, 30 Jun 2024 | €3.7b | €4.1b | €87.1m | 18.4x | 42.2x | 0.9x |
| Tue, 28 May 2024 | €3.7b | €4.1b | €87.7m | 18.4x | 42.2x | 0.9x |
| Thu, 25 Apr 2024 | €3.5b | €4.1b | €87.9m | 12x | 39.5x | 0.8x |
| Sat, 23 Mar 2024 | €3.9b | €4.1b | €102.7m | 10.8x | 37.9x | 0.9x |
| Mon, 19 Feb 2024 | €3.8b | €4.1b | €95.1m | 11x | 40.4x | 0.9x |
| Wed, 17 Jan 2024 | €3.8b | €4.2b | €95.0m | 10.9x | 40.1x | 0.9x |
| Fri, 15 Dec 2023 | €3.7b | €4.1b | €95.1m | 11.2x | 38.9x | 0.9x |
| Sun, 12 Nov 2023 | €3.4b | €4.1b | €95.7m | 13.1x | 35.1x | 0.8x |
| Tue, 10 Oct 2023 | €3.3b | €4.1b | €128.4m | 15x | 25.6x | 0.8x |
| Thu, 07 Sep 2023 | €3.8b | €4.1b | €128.8m | 16.9x | 29.3x | 0.9x |
| Sat, 05 Aug 2023 | €4.0b | €3.9b | €116.8m | 19.8x | 34.7x | 1x |
| Mon, 03 Jul 2023 | €4.3b | €3.7b | €121.6m | 21.1x | 35.3x | 1.2x |
Price to Earnings Ratio
35.3x
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 158x which is higher than its 3-year average PE of 18.8x.
- 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 30% 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 | -0.77% | |
| Tech | -1.54% | |
| Electronic Equipment and Components | -0.41% | |
| Electronic Equipment and Instruments | 1.03% | |
| Electronic Manufacturing Services | -3.81% | |
| Electronic Components | -5.53% | |
| Technology Distributors | -6.32% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 53.8x.
- Analysts are expecting annual earnings growth of 35.3%, which is higher than its past year's earnings decline of 41.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 42% 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 6.9% 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 | €46.90 | 6.5% +€164.8m | 142.8% | PE35.1x | |
| S9I Stemmer Imaging | €61.50 | 0.8% +€3.3m | 13.9% | PE95.4x | |
| BKHT Brockhaus Technologies | €19.15 | 0.5% +€1.0m | 33.0% | PS6.4x | |
| MBQ Mobotix | €1.24 | 2.5% +€396.3k | 60.4% | PE5.9x | |
| 9W40 Miris Holding | €2.32 | 8.4% +€239.9k | -7.2% | PS1.9x |