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U.K. (FTSE) Electrical Industry Analysis

UpdatedJan 16, 2026
DataAggregated Company Financials
Companies16
  • 7D4.2%
  • 3M8.0%
  • 1Y25.4%
  • YTD7.4%

In the last week, the Electrical industry is up 4.4%, with Ceres Power Holdings up 24%. This means that the industry has gained 26% over the past year. Earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the U.K. Electrical Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 Jan 2026UK£3.7bUK£2.2b-UK£61,543,977.0019.1x-60x1.7x
Sun, 14 Dec 2025UK£3.5bUK£2.2b-UK£61,476,462.0017.3x-57.3x1.6x
Tue, 11 Nov 2025UK£3.8bUK£2.2b-UK£86,424,113.0016.4x-44.4x1.8x
Thu, 09 Oct 2025UK£3.4bUK£2.2b-UK£88,052,057.0016.7x-39.2x1.6x
Sat, 06 Sep 2025UK£3.1bUK£2.2b-UK£76,317,106.0014.2x-40.6x1.4x
Mon, 04 Aug 2025UK£3.2bUK£2.3b-UK£152,310,461.0015.7x-21.3x1.4x
Wed, 02 Jul 2025UK£3.4bUK£2.3b-UK£149,892,829.0015.6x-22.6x1.5x
Fri, 30 May 2025UK£2.8bUK£2.3b-UK£125,513,802.0014.5x-22x1.2x
Sun, 27 Apr 2025UK£2.4bUK£2.3b-UK£125,469,747.0014x-19.3x1.1x
Tue, 25 Mar 2025UK£2.5bUK£2.3b-UK£122,765,527.0014.5x-20.2x1.1x
Thu, 20 Feb 2025UK£2.9bUK£2.3b-UK£142,903,027.0014.9x-20x1.2x
Sat, 18 Jan 2025UK£3.0bUK£2.3b-UK£133,208,499.0014.4x-22.5x1.3x
Mon, 16 Dec 2024UK£3.2bUK£2.3b-UK£129,909,604.0015.4x-24.6x1.4x
Wed, 13 Nov 2024UK£3.3bUK£2.2b-UK£123,768,026.0017.2x-26.9x1.5x
Fri, 11 Oct 2024UK£3.5bUK£2.2b-UK£124,015,805.0016.9x-28x1.6x
Sun, 08 Sep 2024UK£3.4bUK£2.2b-UK£134,156,973.0018x-25.6x1.6x
Tue, 06 Aug 2024UK£3.5bUK£2.2b-UK£164,008,107.0017.7x-21.1x1.6x
Thu, 04 Jul 2024UK£3.7bUK£2.3b-UK£167,495,576.0019.1x-21.9x1.6x
Sat, 01 Jun 2024UK£4.0bUK£2.1b-UK£222,991,373.0017.9x-17.9x1.9x
Mon, 29 Apr 2024UK£3.5bUK£2.1b-UK£222,439,573.0018.6x-15.7x1.6x
Wed, 27 Mar 2024UK£3.4bUK£2.1b-UK£185,504,158.0015.8x-18.1x1.6x
Fri, 23 Feb 2024UK£3.3bUK£2.1b-UK£155,402,462.0016.3x-21.5x1.6x
Sun, 21 Jan 2024UK£3.6bUK£2.2b-UK£190,056,855.0017.6x-19.1x1.7x
Tue, 19 Dec 2023UK£3.7bUK£2.2b-UK£194,497,426.0017.8x-19x1.7x
Thu, 16 Nov 2023UK£3.5bUK£2.2b-UK£193,418,463.0016.8x-18.3x1.6x
Sat, 14 Oct 2023UK£3.6bUK£2.2b-UK£192,708,315.0016.1x-18.4x1.6x
Mon, 11 Sep 2023UK£4.2bUK£2.1b-UK£194,428,121.0020.2x-21.8x2x
Wed, 09 Aug 2023UK£4.3bUK£2.1b-UK£183,168,203.0019.5x-23.4x2x
Fri, 07 Jul 2023UK£4.0bUK£2.1b-UK£267,699,874.0020.3x-14.9x1.9x
Sun, 04 Jun 2023UK£4.1bUK£2.0b-UK£238,194,070.0019.4x-17x2x
Tue, 02 May 2023UK£4.3bUK£2.0b-UK£238,415,910.0018.6x-17.8x2.1x
Thu, 30 Mar 2023UK£4.0bUK£2.0b-UK£224,463,008.0018.9x-17.6x1.9x
Sat, 25 Feb 2023UK£4.5bUK£2.0b-UK£218,132,731.0021.4x-20.8x2.3x
Mon, 23 Jan 2023UK£4.4bUK£2.0b-UK£174,632,351.0023.1x-25.3x2.2x
Price to Earnings Ratio

-25.3x


Total Market Cap: UK£4.4bTotal Earnings: -UK£174,632,351.00Total Revenue: UK£2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electrical Industry Price to Earnings3Y Average -24.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the British Electrical 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 PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have improved over the last three years.
  • Revenues for these companies have grown 3.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the U.K. Industrials industry?

GB Market2.10%
Industrials-0.048%
Electrical4.17%
Electrical Components4.67%
Heavy Electrical Equipment1.16%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 33.7%, which is higher than its past year's earnings growth of 17.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 39% over the next 5 years.
  • In contrast, the Electrical 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?

CompanyLast Price7D1YValuation
CWR Ceres Power HoldingsUK£3.0021.0%
+UK£101.2m		79.8%PS13.1x
VLX VolexUK£4.433.5%
+UK£27.5m		59.4%PE19.1x
AFC AFC EnergyUK£0.1214.8%
+UK£18.1m		34.8%PS38.9x
ITM ITM PowerUK£0.663.6%
+UK£14.2m		86.0%PS15.6x
ALK Alkemy Capital InvestmentsUK£3.1023.0%
+UK£6.2m		90.8%PE-17.6x

Latest News

CWR
UK£3.00
Ceres Power Holdings
7D
21.0%
1Y
79.8%

What Ceres Power Holdings plc's (LON:CWR) 28% Share Price Gain Is Not Telling You

Jan 16
What Ceres Power Holdings plc's (LON:CWR) 28% Share Price Gain Is Not Telling You
VLX
UK£4.43
Volex
7D
3.5%
1Y
59.4%

VLX: Dividend Policy And New Leadership Will Support Steady Future Returns

Analysts have adjusted their price target on Volex to reflect a slightly higher discount rate and a modestly lower assumed future P/E multiple. Their fair value estimate remains broadly unchanged in currency terms, while they fine tune the underlying risk and earnings expectations.
ITM
UK£0.66
ITM Power
7D
3.6%
1Y
86.0%

ITM: Large Hydrogen Project Pipeline Will Likely Underdeliver Despite New Contract Wins

Analysts have maintained their fair value estimate for ITM Power at £0.53, making only modest adjustments to assumptions around the discount rate, revenue growth, profit margin and future P/E. This reflects fine tuning of their views rather than a major shift in outlook.
DIA
UK£3.30
Dialight
7D
-5.7%
1Y
250.1%
DSCV
UK£6.06
discoverIE Group
7D
0.8%
1Y
-8.3%
XPP
UK£8.77
XP Power
7D
-2.1%
1Y
-32.0%
IES
UK£0.20
Invinity Energy Systems
7D
-8.8%
1Y
30.6%

IES: US Testing And UK Projects Will Support Long-Term Upside Potential

Analysts have updated their price expectations for Invinity Energy Systems, maintaining the fair value estimate at £0.83 while refining key inputs such as the discount rate, revenue growth assumptions, profit margin outlook and future P/E estimates to reflect revised views on the business. What's in the News Invinity agreed to sell a 12 MWh Endurium battery system to Pacific Northwest National Laboratory in Richland, Washington, for a project focused on long duration grid services using vanadium flow batteries, with delivery targeted for the second half of 2026 (Client Announcements).
CKT
UK£0.20
Checkit
7D
-2.4%
1Y
14.3%
ALK
UK£3.10
Alkemy Capital Investments
7D
23.0%
1Y
90.8%
GELN
UK£0.23
Gelion
7D
9.5%
1Y
43.8%
AFC
UK£0.12
AFC Energy
7D
14.8%
1Y
34.8%
LUCE
UK£1.33
Luceco
7D
2.3%
1Y
11.4%
TFW
UK£2.70
FW Thorpe
7D
-2.9%
1Y
-9.1%