Investors Can Find Comfort In FORTEC Elektronik's (ETR:FEV) Earnings Quality
Apr 03
Have your own idea? Try our Stock Screener
- 7D-0.3%
- 3M33.2%
- 1Y61.0%
- YTD41.7%
The Electronic Equipment and Components is pretty flat in the last 7 days, but LPKF Laser & Electronics has stood out, gaining 22%. The past year has been better, since the industry has gained 61% in that time. Looking forward, earnings are forecast to grow by 39% 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 |
|---|---|---|---|---|---|---|
| Thu, 30 Apr 2026 | €4.6b | €2.4b | €10.7m | 26.8x | 426.9x | 1.9x |
| Sat, 28 Mar 2026 | €3.4b | €2.5b | €1.7m | 22.2x | 2005.1x | 1.4x |
| Mon, 23 Feb 2026 | €3.8b | €2.6b | -€30,920,289.52 | 34.8x | -121.8x | 1.4x |
| Wed, 21 Jan 2026 | €3.9b | €2.6b | -€28,009,451.60 | 42x | -140.1x | 1.5x |
| Fri, 19 Dec 2025 | €3.6b | €2.6b | -€27,734,873.99 | 42.2x | -130.5x | 1.4x |
| Sun, 16 Nov 2025 | €3.6b | €2.7b | -€18,278,619.18 | 44x | -197.6x | 1.4x |
| Tue, 14 Oct 2025 | €3.9b | €2.7b | -€14,222,733.17 | 36.1x | -272.7x | 1.5x |
| Thu, 11 Sep 2025 | €3.6b | €2.7b | -€10,410,188.21 | 34.6x | -347x | 1.4x |
| Sat, 09 Aug 2025 | €3.8b | €2.7b | €5.1m | 34.3x | 740.8x | 1.4x |
| Mon, 07 Jul 2025 | €2.9b | €2.7b | €48.3m | 30.2x | 59.7x | 1.1x |
| Wed, 04 Jun 2025 | €2.8b | €3.5b | €17.1m | 26.7x | 166.1x | 0.8x |
| Fri, 02 May 2025 | €2.7b | €3.6b | €22.6m | 17.8x | 119.3x | 0.8x |
| Sun, 30 Mar 2025 | €2.9b | €3.6b | €9.4m | 15.6x | 308.7x | 0.8x |
| Tue, 25 Feb 2025 | €3.1b | €4.0b | €28.9m | 13.5x | 108.2x | 0.8x |
| Thu, 23 Jan 2025 | €3.1b | €4.0b | €29.0m | 14.1x | 108.7x | 0.8x |
| Sat, 21 Dec 2024 | €3.1b | €4.0b | €29.0m | 14x | 108.4x | 0.8x |
| Mon, 18 Nov 2024 | €3.1b | €4.1b | €35.4m | 12.8x | 86.4x | 0.8x |
| Wed, 16 Oct 2024 | €3.5b | €4.1b | €27.7m | 12.9x | 125.3x | 0.9x |
| Fri, 13 Sep 2024 | €3.6b | €4.1b | €25.6m | 16.4x | 139.5x | 0.9x |
| Sun, 11 Aug 2024 | €3.7b | €4.1b | €85.3m | 15.9x | 43.3x | 0.9x |
| Tue, 09 Jul 2024 | €3.7b | €4.1b | €87.1m | 18.2x | 42.7x | 0.9x |
| Thu, 06 Jun 2024 | €3.8b | €4.1b | €90.2m | 18.2x | 42.3x | 0.9x |
| Sat, 04 May 2024 | €3.5b | €4.1b | €92.8m | 12x | 37.8x | 0.8x |
| Mon, 01 Apr 2024 | €3.7b | €4.1b | €91.5m | 13.7x | 40.8x | 0.9x |
| Wed, 28 Feb 2024 | €3.9b | €4.1b | €95.7m | 10.7x | 40.3x | 0.9x |
| Fri, 26 Jan 2024 | €4.1b | €4.2b | €95.0m | 11.5x | 42.7x | 1x |
| Sun, 24 Dec 2023 | €3.9b | €4.2b | €94.8m | 11.3x | 41x | 0.9x |
| Tue, 21 Nov 2023 | €3.5b | €4.1b | €101.3m | 12.7x | 34.1x | 0.8x |
| Thu, 19 Oct 2023 | €3.2b | €4.1b | €133.7m | 15.1x | 23.7x | 0.8x |
| Sat, 16 Sep 2023 | €3.7b | €4.1b | €128.8m | 16.6x | 28.8x | 0.9x |
| Mon, 14 Aug 2023 | €3.9b | €4.1b | €131.1m | 17.4x | 29.8x | 1x |
| Wed, 12 Jul 2023 | €4.1b | €3.8b | €123.9m | 19.8x | 33.3x | 1.1x |
| Fri, 09 Jun 2023 | €4.3b | €3.7b | €121.6m | 21x | 35.7x | 1.2x |
| Sun, 07 May 2023 | €4.3b | €3.7b | €118.4m | 23.7x | 36.2x | 1.2x |
Price to Earnings Ratio
36.2x
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 427x which is higher than its 3-year average PE of 10.5x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 55% per year over the last three years,
- Revenues have also declined 13% 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 | -2.09% | |
| Tech | 0.86% | |
| Electronic Equipment and Components | -0.32% | |
| Electronic Components | 1.70% | |
| Electronic Equipment and Instruments | -0.65% | |
| Electronic Manufacturing Services | -1.40% | |
| Technology Distributors | -4.19% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 49.4x.
- Analysts are expecting annual earnings growth of 36.8%, which is higher than its past year's earnings decline of 42.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 114% over the next 5 years.
- In contrast, the Electronic Components industry is expected to see its earnings grow by 34% 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 | |
|---|---|---|---|---|---|
| LPK LPKF Laser & Electronics | €18.85 | 22.0% +€83.1m | 130.4% | PS3.7x | |
| BKHT Brockhaus Technologies | €18.95 | 7.1% +€13.1m | 32.1% | PS6.1x | |
| SCE Schweizer Electronic | €6.68 | 18.9% +€4.0m | 78.6% | PS0.2x | |
| V6C Viscom | €4.56 | 4.1% +€1.6m | 47.1% | PS0.5x | |
| 7H6 SHT Smart High-Tech | €1.94 | 1.3% +€681.2k | 39.5% | PS78.4x |