Finnish (OMX) Electronic Equipment and Components Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies7
- 7D-5.3%
- 3M-0.2%
- 1Y-17.4%
- YTD-5.3%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 6.6%, driven by a pullback from Vaisala Oyj of 5.6%. The industry has fallen 17% in the last year. As for the next few years, earnings are expected to grow by 12% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | €2.3b | €2.0b | €122.7m | 23.1x | 19.1x | 1.2x |
| Sun, 17 Mar 2024 | €2.4b | €2.0b | €124.7m | 22x | 19.5x | 1.2x |
| Tue, 13 Feb 2024 | €2.3b | €2.1b | €127.6m | 23.4x | 18.4x | 1.1x |
| Thu, 11 Jan 2024 | €2.4b | €2.0b | €126.4m | 26x | 19x | 1.2x |
| Sat, 09 Dec 2023 | €2.4b | €2.0b | €126.4m | 23.1x | 19.2x | 1.2x |
| Mon, 06 Nov 2023 | €2.2b | €2.1b | €128.6m | 19.8x | 17.2x | 1.1x |
| Wed, 04 Oct 2023 | €2.3b | €2.1b | €129.1m | 19.1x | 17.9x | 1.1x |
| Fri, 01 Sep 2023 | €2.6b | €2.1b | €129.1m | 19.8x | 20.1x | 1.2x |
| Sun, 30 Jul 2023 | €2.7b | €2.0b | €123.4m | 19.2x | 22.2x | 1.3x |
| Tue, 27 Jun 2023 | €2.8b | €2.0b | €123.1m | 18.4x | 22.8x | 1.4x |
| Thu, 25 May 2023 | €2.9b | €2.0b | €123.1m | 18.5x | 23.3x | 1.4x |
| Sat, 22 Apr 2023 | €2.8b | €2.0b | €120.2m | 19.5x | 23.3x | 1.4x |
| Mon, 20 Mar 2023 | €2.9b | €2.0b | €121.5m | 20.9x | 24.2x | 1.5x |
| Wed, 15 Feb 2023 | €3.0b | €1.9b | €119.1m | 24.5x | 25.2x | 1.6x |
| Fri, 13 Jan 2023 | €2.8b | €1.8b | €121.2m | 18x | 23.4x | 1.5x |
| Sun, 11 Dec 2022 | €2.9b | €1.8b | €121.2m | 17.7x | 23.8x | 1.6x |
| Tue, 08 Nov 2022 | €2.6b | €1.8b | €116.6m | 16.2x | 22.4x | 1.5x |
| Thu, 06 Oct 2022 | €2.5b | €1.8b | €114.1m | 17x | 22.1x | 1.4x |
| Sat, 03 Sep 2022 | €2.7b | €1.8b | €114.1m | 18.5x | 23.7x | 1.5x |
| Mon, 01 Aug 2022 | €3.0b | €1.7b | €116.7m | 21.9x | 25.4x | 1.7x |
| Wed, 29 Jun 2022 | €2.7b | €1.6b | €114.9m | 19.6x | 23.2x | 1.6x |
| Fri, 27 May 2022 | €2.8b | €1.6b | €114.9m | 20.4x | 24.2x | 1.7x |
| Sun, 24 Apr 2022 | €2.9b | €1.6b | €106.4m | 22.4x | 27.2x | 1.8x |
| Tue, 22 Mar 2022 | €3.0b | €1.6b | €106.5m | 23.9x | 28x | 1.9x |
| Thu, 17 Feb 2022 | €3.1b | €1.5b | €93.8m | 35.6x | 32.7x | 2.1x |
| Sat, 15 Jan 2022 | €3.3b | €1.4b | €92.1m | 36.8x | 35.4x | 2.3x |
| Mon, 13 Dec 2021 | €3.4b | €1.4b | €92.1m | 35.4x | 37x | 2.4x |
| Wed, 10 Nov 2021 | €3.4b | €1.4b | €92.1m | 37.8x | 36.7x | 2.3x |
| Fri, 08 Oct 2021 | €2.9b | €1.4b | €102.8m | 36.7x | 28.3x | 2.1x |
| Sun, 05 Sep 2021 | €3.1b | €1.4b | €102.8m | 39.7x | 29.7x | 2.2x |
| Tue, 03 Aug 2021 | €2.9b | €1.4b | €102.8m | 33.4x | 27.8x | 2.1x |
| Fri, 07 May 2021 | €2.5b | €1.3b | €94.8m | 26.3x | 26.3x | 1.9x |
Price to Earnings Ratio
26.3x
Current Industry PE
- Investors are pessimistic on the Finnish Electronic industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 18.9x which is lower than its 3-year average PE of 24.7x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 9.6% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Finnish Tech industry?
| FI Market | -1.91% | |
| Tech | -1.12% | |
| Electronic Equipment and Components | -5.25% | |
| Technology Distributors | 0% | |
| Electronic Components | -4.29% | |
| Electronic Manufacturing Services | -5.13% | |
| Electronic Equipment and Instruments | -5.55% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry even though it's trading below its 3-year average PE ratio of 36.2x.
- Analysts are expecting annual earnings growth of 14.0%, which is higher than its past year's earnings growth of 8.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 55% over the next 5 years.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 5.5% 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 | |
|---|---|---|---|---|---|
| TAMTRON Tamtron Group Oyj | €5.08 | 1.2% +€437.6k | -5.9% | PE47.1x |