Narrative Update • May 25
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- 7D-0.8%
- 3M95.7%
- 1Y138.9%
- YTD113.4%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably LPKF Laser & Electronics declined by 15%. The past year has been better, since the industry has gained 139% in that time. As for the next few years, earnings are expected to grow by 33% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 03 Jun 2026 | €7.1b | €2.6b | €39.8m | 23x | 177.7x | 2.7x |
| Fri, 01 May 2026 | €4.6b | €2.4b | €10.6m | 27.7x | 431.5x | 1.9x |
| Sun, 29 Mar 2026 | €3.4b | €2.4b | -€1,659,217.96 | 26.4x | -2043.9x | 1.4x |
| Tue, 24 Feb 2026 | €3.7b | €2.6b | -€30,874,040.06 | 35.3x | -121.3x | 1.4x |
| Thu, 22 Jan 2026 | €4.0b | €2.6b | -€28,093,437.78 | 41.8x | -142.2x | 1.5x |
| Sat, 20 Dec 2025 | €3.6b | €2.6b | -€27,775,012.40 | 41.3x | -130.5x | 1.4x |
| Mon, 17 Nov 2025 | €3.6b | €2.7b | -€18,278,619.18 | 44x | -197.6x | 1.4x |
| Wed, 15 Oct 2025 | €3.9b | €2.7b | -€14,178,323.35 | 35.1x | -272.5x | 1.5x |
| Fri, 12 Sep 2025 | €3.6b | €2.7b | -€10,420,542.02 | 34.5x | -348.4x | 1.4x |
| Sun, 10 Aug 2025 | €3.8b | €2.7b | €5.1m | 34.2x | 741.1x | 1.4x |
| Tue, 08 Jul 2025 | €2.9b | €2.7b | €48.2m | 30.9x | 60.4x | 1.1x |
| Thu, 05 Jun 2025 | €2.9b | €3.5b | €17.1m | 26.3x | 167.1x | 0.8x |
| Sat, 03 May 2025 | €2.8b | €3.6b | €22.6m | 17.8x | 123x | 0.8x |
| Mon, 31 Mar 2025 | €2.9b | €3.6b | €9.4m | 15.6x | 308.7x | 0.8x |
| Wed, 26 Feb 2025 | €3.2b | €4.0b | €28.9m | 13.5x | 109.5x | 0.8x |
| Fri, 24 Jan 2025 | €3.1b | €4.0b | €29.0m | 13.9x | 108.1x | 0.8x |
| Sun, 22 Dec 2024 | €3.1b | €4.0b | €29.0m | 14x | 108.4x | 0.8x |
| Tue, 19 Nov 2024 | €3.0b | €4.0b | €35.4m | 12.6x | 85.8x | 0.8x |
| Thu, 17 Oct 2024 | €3.4b | €4.1b | €27.8m | 13.2x | 122.5x | 0.8x |
| Sat, 14 Sep 2024 | €3.6b | €4.1b | €25.6m | 16.5x | 141.2x | 0.9x |
| Mon, 12 Aug 2024 | €3.7b | €4.1b | €85.3m | 15.9x | 43.3x | 0.9x |
| Wed, 10 Jul 2024 | €3.7b | €4.1b | €87.1m | 17.8x | 42.3x | 0.9x |
| Fri, 07 Jun 2024 | €3.8b | €4.1b | €90.3m | 18.3x | 42.5x | 0.9x |
| Sun, 05 May 2024 | €3.5b | €4.1b | €92.8m | 12x | 37.8x | 0.8x |
| Tue, 02 Apr 2024 | €3.7b | €4.1b | €91.6m | 13.7x | 40.8x | 0.9x |
| Thu, 29 Feb 2024 | €3.8b | €4.1b | €95.7m | 10.1x | 39.9x | 0.9x |
| Sat, 27 Jan 2024 | €4.0b | €4.2b | €95.0m | 11.9x | 42.6x | 1x |
| Mon, 25 Dec 2023 | €3.9b | €4.2b | €94.8m | 11.3x | 41x | 0.9x |
| Wed, 22 Nov 2023 | €3.4b | €4.1b | €101.3m | 12.6x | 33.5x | 0.8x |
| Fri, 20 Oct 2023 | €3.1b | €4.1b | €133.7m | 15.2x | 23.4x | 0.8x |
| Sun, 17 Sep 2023 | €3.7b | €4.1b | €128.8m | 16.6x | 28.7x | 0.9x |
| Tue, 15 Aug 2023 | €3.9b | €4.1b | €131.1m | 17.1x | 29.7x | 0.9x |
| Thu, 13 Jul 2023 | €4.1b | €3.8b | €123.8m | 19.9x | 33.5x | 1.1x |
| Sat, 10 Jun 2023 | €4.3b | €3.7b | €121.6m | 20.9x | 35.6x | 1.2x |
Price to Earnings Ratio
35.6x
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 178x which is higher than its 3-year average PE of 16.2x.
- 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 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 | -0.26% | |
| Tech | 8.77% | |
| Electronic Equipment and Components | -0.79% | |
| Electronic Manufacturing Services | 2.06% | |
| Electronic Equipment and Instruments | -0.048% | |
| Electronic Components | -3.28% | |
| Technology Distributors | -43.07% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 52.0x.
- Analysts are expecting annual earnings growth of 33.1%, 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 39% 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 6.2% 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 | €47.02 | 2.8% +€74.4m | 144.5% | PE35.2x | |
| BSL Basler | €29.80 | 2.8% +€24.6m | 223.9% | PE46.1x | |
| EVAC electrovac | €8.75 | 4.2% +€5.6m | n/a | PE17x | |
| FEV FORTEC Elektronik | €11.70 | 9.9% +€3.4m | -25.7% | PE28.5x | |
| SSS Schulte-Schlagbaum | €276.00 | 10.4% +€1.4m | n/a | PE17.5x |