Brockhaus Technologies AG's (ETR:BKHT) P/S Is Still On The Mark Following 26% Share Price Bounce
Jun 06
German (DAX) Electronic Equipment and Components Industry Analysis
UpdatedAug 11, 2024
DataAggregated Company Financials
Companies24
- 7D4.2%
- 3M0.6%
- 1Y-7.2%
- YTD-3.1%
The Electronic Equipment and Components industry is up 4.2% in the last week, with Jenoptik up 10%. During this same period, the Brockhaus Technologies underperformed, falling 6.1%. However, the industry is down 7.2% over the past year. Looking forward, earnings are forecast to grow by 36% 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, 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 |
| Tue, 04 Apr 2023 | €4.4b | €3.6b | €129.8m | 26.6x | 33.8x | 1.2x |
| Thu, 02 Mar 2023 | €4.7b | €3.6b | €136.0m | 25.3x | 34.8x | 1.3x |
| Sat, 28 Jan 2023 | €4.6b | €3.6b | €136.1m | 26.4x | 33.7x | 1.3x |
| Mon, 26 Dec 2022 | €4.2b | €3.6b | €136.1m | 26.4x | 30.7x | 1.2x |
| Wed, 23 Nov 2022 | €4.3b | €3.5b | €123.6m | 24x | 34.9x | 1.2x |
| Fri, 21 Oct 2022 | €3.4b | €3.3b | €124.1m | 20.1x | 27.6x | 1.1x |
| Sun, 18 Sep 2022 | €3.6b | €3.3b | €109.1m | 19.3x | 32.9x | 1.1x |
| Tue, 16 Aug 2022 | €4.0b | €3.2b | €105.9m | 17x | 37.6x | 1.2x |
| Thu, 14 Jul 2022 | €5.6b | €3.2b | €85.2m | 20.7x | 65.6x | 1.7x |
| Sat, 11 Jun 2022 | €4.1b | €3.2b | €88.4m | 23.2x | 45.9x | 1.3x |
| Mon, 09 May 2022 | €4.2b | €3.1b | €98.5m | 25.7x | 42.9x | 1.4x |
| Wed, 06 Apr 2022 | €4.5b | €3.1b | €114.4m | 20.1x | 39.2x | 1.5x |
| Fri, 04 Mar 2022 | €4.8b | €3.2b | €106.0m | 22x | 45.2x | 1.5x |
| Sun, 30 Jan 2022 | €5.2b | €3.2b | €107.3m | 24x | 48.1x | 1.6x |
| Tue, 28 Dec 2021 | €6.2b | €3.2b | €110.5m | 28.3x | 55.8x | 1.9x |
| Thu, 25 Nov 2021 | €5.8b | €3.2b | €110.2m | 27.6x | 52.3x | 1.8x |
| Sat, 23 Oct 2021 | €5.9b | €3.1b | €92.6m | 27.8x | 63.3x | 1.9x |
| Mon, 20 Sep 2021 | €5.8b | €3.1b | €93.4m | 28.9x | 62.3x | 1.9x |
| Wed, 18 Aug 2021 | €5.6b | €3.3b | €101.8m | 28.6x | 54.6x | 1.7x |
Price to Earnings Ratio
54.6x
Current Industry PE
- Investors are relatively neutral on the German Electronic industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 40.4x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 5.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.9% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the German Tech industry?
| DE Market | -0.07% | |
| Tech | 1.65% | |
| Electronic Equipment and Components | 4.22% | |
| Electronic Equipment and Instruments | 4.83% | |
| Electronic Manufacturing Services | 4.25% | |
| Electronic Components | -3.00% | |
| Technology Distributors | -15.62% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 38.9x.
- Analysts are expecting annual earnings growth of 39.2%, which is higher than its past year's earnings decline of 6.2% per year.
- Investors are most pessimistic about the Technology Distributors industry, which is trading below its 3-year average of 11.6x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 39% over the next 5 years.
- This is better than its past earnings decline of 6.2% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 12% 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 | €27.48 | 10.2% +€145.4m | 0.8% | PE19.6x | |
| BSL Basler | €10.26 | 11.5% +€32.6m | -29.1% | PS1.8x | |
| KTEK KATEK | €17.10 | 6.2% +€14.4m | n/a | PS0.3x | |
| SYT Softing | €4.56 | 2.2% +€901.5k | -32.9% | PS0.4x | |
| V3S Vectron Systems | €10.90 | 0.9% +€805.7k | 98.9% | PS2.4x |