Narrative Update • Jun 08
Have your own idea? Try our Stock Screener
- 7D8.3%
- 3M101.6%
- 1Y132.5%
- YTD104.4%
In the last week, the Electronic Equipment and Components industry is up 8.3%, with Jenoptik leading the way with a 6.4% gain. Meanwhile, Nynomic actually underperformed within the industry, shrinking 6.9% in the last week. This means that the industry has gained 132% over the past year. 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 |
|---|---|---|---|---|---|---|
| Sun, 21 Jun 2026 | €6.9b | €2.6b | €41.1m | 26.4x | 167.2x | 2.7x |
| Tue, 19 May 2026 | €5.7b | €2.6b | €38.2m | 25.9x | 150.1x | 2.2x |
| Thu, 16 Apr 2026 | €4.3b | €2.4b | €10.6m | 28.1x | 409.4x | 1.8x |
| Sat, 14 Mar 2026 | €3.7b | €2.6b | -€24,193,407.61 | 35.6x | -153.8x | 1.4x |
| Mon, 09 Feb 2026 | €4.0b | €2.6b | -€30,137,197.18 | 37.8x | -133.3x | 1.5x |
| Wed, 07 Jan 2026 | €3.8b | €2.6b | -€27,935,309.58 | 42.2x | -137.4x | 1.5x |
| Fri, 05 Dec 2025 | €3.6b | €2.6b | -€20,540,840.85 | 41.3x | -174.8x | 1.4x |
| Sun, 02 Nov 2025 | €3.8b | €2.7b | -€14,772,008.24 | 34.7x | -255.3x | 1.4x |
| Tue, 30 Sep 2025 | €3.7b | €2.7b | -€14,319,723.60 | 37.2x | -258.8x | 1.4x |
| Thu, 28 Aug 2025 | €3.7b | €2.7b | -€4,237,611.36 | 26.9x | -866.8x | 1.4x |
| Sat, 26 Jul 2025 | €2.8b | €2.7b | €54.6m | 29x | 51.5x | 1x |
| Mon, 23 Jun 2025 | €2.8b | €3.5b | €17.1m | 27.8x | 163.8x | 0.8x |
| Wed, 21 May 2025 | €2.8b | €3.5b | €24.7m | 25.3x | 113.7x | 0.8x |
| Fri, 18 Apr 2025 | €2.6b | €3.6b | €22.3m | 14.4x | 118.6x | 0.7x |
| Sun, 16 Mar 2025 | €3.1b | €4.0b | €27.2m | 13.9x | 114.3x | 0.8x |
| Tue, 11 Feb 2025 | €3.2b | €4.0b | €28.9m | 13.5x | 109.1x | 0.8x |
| Thu, 09 Jan 2025 | €3.2b | €4.0b | €29.0m | 15x | 111.2x | 0.8x |
| Sat, 07 Dec 2024 | €3.1b | €4.0b | €29.0m | 13.7x | 105.7x | 0.8x |
| Mon, 04 Nov 2024 | €3.0b | €4.1b | €24.0m | 11.7x | 126x | 0.7x |
| Wed, 02 Oct 2024 | €3.6b | €4.1b | €25.5m | 14.3x | 140.2x | 0.9x |
| Fri, 30 Aug 2024 | €3.7b | €4.1b | €31.5m | 17.4x | 117.4x | 0.9x |
| Sun, 28 Jul 2024 | €3.7b | €4.1b | €86.3m | 18.5x | 42.4x | 0.9x |
| Tue, 25 Jun 2024 | €3.7b | €4.1b | €87.0m | 18.5x | 42.5x | 0.9x |
| Thu, 23 May 2024 | €3.5b | €3.3b | €89.8m | 15.9x | 38.9x | 1.1x |
| Sat, 20 Apr 2024 | €3.5b | €4.1b | €88.0m | 12.2x | 39.5x | 0.8x |
| Mon, 18 Mar 2024 | €3.8b | €4.1b | €95.8m | 9.7x | 39.6x | 0.9x |
| Wed, 14 Feb 2024 | €3.7b | €4.1b | €95.1m | 10.8x | 38.5x | 0.9x |
| Fri, 12 Jan 2024 | €3.8b | €4.2b | €94.9m | 11.6x | 39.6x | 0.9x |
| Sun, 10 Dec 2023 | €3.7b | €4.1b | €95.1m | 11.1x | 38.4x | 0.9x |
| Tue, 07 Nov 2023 | €3.3b | €4.1b | €116.7m | 15.9x | 28.6x | 0.8x |
| Thu, 05 Oct 2023 | €3.3b | €4.1b | €128.4m | 15.4x | 26.1x | 0.8x |
| Sat, 02 Sep 2023 | €3.8b | €4.1b | €128.3m | 16.9x | 29.6x | 0.9x |
| Mon, 31 Jul 2023 | €4.1b | €3.9b | €116.8m | 20.1x | 34.8x | 1x |
| Wed, 28 Jun 2023 | €4.2b | €3.7b | €121.5m | 21x | 34.9x | 1.1x |
Price to Earnings Ratio
34.9x
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 167x which is higher than its 3-year average PE of 18.2x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.7x.
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 | 0.64% | |
| Tech | -1.19% | |
| Electronic Equipment and Components | 8.33% | |
| Electronic Equipment and Instruments | 9.53% | |
| Electronic Components | 5.42% | |
| Electronic Manufacturing Services | -0.38% | |
| Technology Distributors | -26.41% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 53.4x.
- Analysts are expecting annual earnings growth of 35.1%, 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 6.5% 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 | €46.96 | 6.4% +€162.6m | 155.1% | PE35.2x | |
| LPK LPKF Laser & Electronics | €29.20 | 28.1% +€156.5m | 252.2% | PS6.2x | |
| BSL Basler | €31.45 | 17.4% +€143.0m | 208.3% | PE48.6x | |
| 7H6 SHT Smart High-Tech | €4.49 | 17.1% +€19.6m | 245.9% | PS247.8x | |
| EVAC electrovac | €7.94 | 3.5% +€4.3m | n/a | PE15.4x |