Narrative Update • Aug 10
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- 7D0.7%
- 3M2.2%
- 1Y10.3%
- YTD18.2%
Over the last 7 days, the Electronic Equipment and Components industry has risen 1.8%, driven by gains in Vaisala Oyj and Incap Oyj of 1.1% and 9.6%, respectively. This means that the industry has gained 10% over the past year. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Finnish Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 13 Aug 2026 | €3.3b | €2.1b | €134.4m | 31.6x | 24.8x | 1.6x |
| Sat, 11 Jul 2026 | €3.2b | €2.0b | €127.6m | 24.8x | 25.2x | 1.6x |
| Mon, 08 Jun 2026 | €3.3b | €2.0b | €127.6m | 25.9x | 26.2x | 1.7x |
| Wed, 06 May 2026 | €3.2b | €2.0b | €127.5m | 24.6x | 24.9x | 1.6x |
| Fri, 03 Apr 2026 | €2.9b | €2.0b | €124.0m | 24.3x | 23.8x | 1.5x |
| Sun, 01 Mar 2026 | €3.1b | €2.0b | €122.6m | 27.2x | 25.3x | 1.6x |
| Tue, 27 Jan 2026 | €2.9b | €2.0b | €128.3m | 22x | 22.4x | 1.5x |
| Thu, 25 Dec 2025 | €2.8b | €2.0b | €128.3m | 20.4x | 21.9x | 1.4x |
| Sat, 22 Nov 2025 | €2.7b | €2.0b | €129.0m | 21.2x | 21.2x | 1.4x |
| Mon, 20 Oct 2025 | €2.8b | €1.9b | €128.0m | 21.8x | 22.2x | 1.5x |
| Wed, 17 Sep 2025 | €2.9b | €1.9b | €128.0m | 22x | 22.4x | 1.5x |
| Fri, 15 Aug 2025 | €3.0b | €1.9b | €128.9m | 26.9x | 23.3x | 1.6x |
| Sun, 13 Jul 2025 | €3.1b | €1.9b | €140.6m | 21.6x | 22x | 1.6x |
| Tue, 10 Jun 2025 | €3.0b | €1.9b | €140.6m | 20.8x | 21.3x | 1.6x |
| Thu, 08 May 2025 | €2.9b | €1.9b | €140.6m | 20x | 20.3x | 1.5x |
| Sat, 05 Apr 2025 | €2.7b | €1.9b | €132.5m | 16.9x | 20.6x | 1.4x |
| Mon, 03 Mar 2025 | €3.0b | €1.9b | €132.9m | 20.4x | 22.5x | 1.6x |
| Wed, 29 Jan 2025 | €3.1b | €1.9b | €115.7m | 30.5x | 26.7x | 1.7x |
| Fri, 27 Dec 2024 | €2.9b | €1.9b | €115.7m | 28.6x | 24.8x | 1.5x |
| Sun, 24 Nov 2024 | €2.8b | €1.9b | €115.7m | 28.1x | 24.1x | 1.5x |
| Tue, 22 Oct 2024 | €2.9b | €1.9b | €118.2m | 27.6x | 24.7x | 1.5x |
| Thu, 19 Sep 2024 | €2.9b | €1.9b | €118.2m | 27.5x | 24.6x | 1.5x |
| Sat, 17 Aug 2024 | €2.7b | €1.9b | €118.0m | 28x | 23.2x | 1.4x |
| Mon, 15 Jul 2024 | €2.7b | €1.9b | €111.5m | 31.3x | 24.1x | 1.4x |
| Wed, 12 Jun 2024 | €2.7b | €1.9b | €111.5m | 32x | 24.1x | 1.4x |
| Fri, 10 May 2024 | €2.5b | €2.0b | €114.9m | 32.2x | 21.9x | 1.3x |
| Sun, 07 Apr 2024 | €2.6b | €2.0b | €124.7m | 24.9x | 20.5x | 1.3x |
| Tue, 05 Mar 2024 | €2.4b | €2.0b | €124.4m | 22x | 19.4x | 1.2x |
| Thu, 01 Feb 2024 | €2.4b | €2.0b | €126.4m | 25.9x | 18.8x | 1.2x |
| Sat, 30 Dec 2023 | €2.5b | €2.0b | €126.4m | 26.6x | 19.9x | 1.2x |
| Mon, 27 Nov 2023 | €2.3b | €2.0b | €126.4m | 23.6x | 18.3x | 1.1x |
| Wed, 25 Oct 2023 | €2.1b | €2.1b | €129.1m | 16.7x | 16.4x | 1x |
| Fri, 22 Sep 2023 | €2.4b | €2.1b | €129.1m | 20.1x | 18.5x | 1.1x |
| Sun, 20 Aug 2023 | €2.6b | €2.1b | €129.0m | 20x | 20x | 1.2x |
Price to Earnings Ratio
20x
Current Industry PE
- Investors are optimistic on the Finnish Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.7x which is higher than its 3-year average PE of 22.4x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- Both revenue and earnings for companies in the Electronic industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Finnish Tech industry?
| FI Market | 1.64% | |
| Tech | 6.28% | |
| Electronic Equipment and Components | 0.73% | |
| Technology Distributors | 27.82% | |
| Electronic Manufacturing Services | 3.34% | |
| Electronic Components | -0.72% | |
| Electronic Equipment and Instruments | -1.03% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 14.0x.
- Analysts are expecting annual earnings growth of 41.4%, which is lower than the prior year's growth of 277.8% per year.
- Investors are most pessimistic about the Electronic Manufacturing Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.9x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 41% over the next 5 years.
- However this is lower than its past earnings growth rate of 278% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| SCANFL Scanfil Oyj | €11.70 | 3.2% +€23.7m | 5.4% | PE17.9x | |
| BOREO Boreo Oyj | €25.50 | 27.8% +€15.0m | 51.8% | PE67.4x | |
| ICP1V Incap Oyj | €8.04 | 3.9% +€8.8m | -20.9% | PE14.8x |