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U.K. (FTSE) Electrical Industry Analysis

UpdatedJun 01, 2026
DataAggregated Company Financials
Companies17
  • 7D3.4%
  • 3M82.2%
  • 1Y12.3%
  • YTD49.4%

In the last week, the Electrical industry is up 3.4%, with ITM Power up 14%. This means that the industry has gained 12% over the past year. Looking forward, earnings are forecast to grow by 45% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Jun 2026UK£10.3bUK£2.5b-UK£90,592,114.0028.4x-114.2x4.1x
Thu, 30 Apr 2026UK£9.1bUK£2.5b-UK£90,599,612.0022x-100.2x3.6x
Sat, 28 Mar 2026UK£6.8bUK£2.6b-UK£90,713,466.0019x-74.9x2.7x
Mon, 23 Feb 2026UK£5.4bUK£2.2b-UK£63,521,848.0021.2x-84.5x2.4x
Wed, 21 Jan 2026UK£3.7bUK£2.2b-UK£61,844,258.0017.7x-59x1.7x
Fri, 19 Dec 2025UK£3.4bUK£2.2b-UK£61,547,835.0017.6x-56x1.6x
Sun, 16 Nov 2025UK£3.8bUK£2.2b-UK£70,500,373.0021.6x-54.2x1.8x
Tue, 14 Oct 2025UK£3.5bUK£2.2b-UK£87,919,749.0016.2x-39.5x1.6x
Thu, 11 Sep 2025UK£3.1bUK£2.2b-UK£76,669,620.0014.4x-39.9x1.4x
Sat, 09 Aug 2025UK£3.3bUK£2.2b-UK£71,944,875.0015.1x-45.4x1.5x
Mon, 07 Jul 2025UK£3.6bUK£2.3b-UK£149,755,747.0015.9x-23.9x1.6x
Wed, 04 Jun 2025UK£3.0bUK£2.3b-UK£127,352,662.0014.7x-23.4x1.3x
Fri, 02 May 2025UK£2.4bUK£2.3b-UK£125,457,867.0014.3x-19.5x1.1x
Sun, 30 Mar 2025UK£2.4bUK£2.3b-UK£126,472,007.0014.1x-19x1x
Tue, 25 Feb 2025UK£2.7bUK£2.3b-UK£142,910,857.0015x-18.9x1.2x
Thu, 23 Jan 2025UK£3.0bUK£2.3b-UK£132,883,954.0014.9x-22.5x1.3x
Sat, 21 Dec 2024UK£3.0bUK£2.3b-UK£131,967,109.0014.7x-22.8x1.3x
Mon, 18 Nov 2024UK£3.2bUK£2.3b-UK£120,321,149.0016.5x-27x1.4x
Wed, 16 Oct 2024UK£3.4bUK£2.2b-UK£124,024,583.0016.9x-27.4x1.5x
Fri, 13 Sep 2024UK£3.4bUK£2.2b-UK£132,545,801.0017.5x-25.3x1.5x
Sun, 11 Aug 2024UK£3.6bUK£2.2b-UK£169,504,915.0018.2x-20.9x1.6x
Tue, 09 Jul 2024UK£3.8bUK£2.2b-UK£167,606,402.0018.9x-22.4x1.7x
Thu, 06 Jun 2024UK£4.0bUK£2.1b-UK£178,654,935.0018.2x-22.2x1.9x
Sat, 04 May 2024UK£3.6bUK£2.1b-UK£222,554,917.0018.4x-16.1x1.7x
Mon, 01 Apr 2024UK£3.4bUK£2.1b-UK£184,673,478.0017x-18.4x1.6x
Wed, 28 Feb 2024UK£3.3bUK£2.1b-UK£155,446,606.0016.2x-21.4x1.6x
Fri, 26 Jan 2024UK£3.7bUK£2.2b-UK£188,827,799.0018.5x-19.8x1.7x
Sun, 24 Dec 2023UK£3.7bUK£2.2b-UK£194,151,299.0018.2x-19.1x1.7x
Tue, 21 Nov 2023UK£3.6bUK£2.2b-UK£193,597,169.0017x-18.6x1.7x
Thu, 19 Oct 2023UK£3.5bUK£2.2b-UK£192,736,691.0016.1x-18.2x1.6x
Sat, 16 Sep 2023UK£4.3bUK£2.1b-UK£194,314,041.0020.7x-22.4x2.1x
Mon, 14 Aug 2023UK£4.3bUK£2.1b-UK£183,104,907.0019.9x-23.6x2.1x
Wed, 12 Jul 2023UK£4.1bUK£2.1b-UK£268,106,882.0020.3x-15.1x2x
Fri, 09 Jun 2023UK£4.2bUK£2.1b-UK£234,472,840.0019.4x-17.8x2x
Price to Earnings Ratio

-17.8x


Total Market Cap: UK£4.2bTotal Earnings: -UK£234,472,840.00Total Revenue: UK£2.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electrical Industry Price to Earnings3Y Average -32.6x202420252026
Current Industry PE
  • Investors are optimistic on the British Electrical industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have improved over the last three years.
  • Revenues for these companies have grown 7.6% 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 Market-0.29%
Industrials2.40%
Electrical3.43%
Heavy Electrical Equipment13.52%
Electrical Components1.88%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 47% over the next 5 years.
    • This is better than its past earnings growth rate of 35% per year.
    • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 33% 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
    		ITM ITM PowerUK£1.8910.9%
    +UK£127.9m    		195.8%PS45.7x
    		IES Invinity Energy SystemsUK£0.3817.2%
    +UK£24.2m    		134.4%PS45.5x
    		VLX VolexUK£6.891.8%
    +UK£22.0m    		143.5%PE29.8x
    		DSCV discoverIE GroupUK£7.562.4%
    +UK£17.3m    		21.7%PE28.1x
    		CWR Ceres Power HoldingsUK£8.150.9%
    +UK£13.7m    		1,063.6%PS48.7x

    Latest News

    IES
    UK£0.38
    Invinity Energy Systems
    7D
    17.2%
    1Y
    134.4%
    PHE
    UK£0.002
    PowerHouse Energy Group
    7D
    -20.0%
    1Y
    -59.6%
    DIA
    UK£3.90
    Dialight
    7D
    8.3%
    1Y
    286.1%
    ROSE
    UK£3.45
    Rosebank Industries
    7D
    -1.1%
    1Y
    -46.5%
    ALK
    UK£2.43
    Alkemy Capital Investments
    7D
    -26.3%
    1Y
    57.0%
    LUCE
    UK£2.64
    Luceco
    7D
    -1.9%
    1Y
    82.1%
    CWR
    UK£8.15
    Ceres Power Holdings
    7D
    0.9%
    1Y
    1,063.6%
    Narrative Update • May 28

    CWR: Elevated P/E Expectations Will Face Execution Risk On Commercial Rollout

    Analysts have lifted their fair value estimate for Ceres Power Holdings from £4.21 to £6.79, citing updated assumptions on revenue growth, profit margins, discount rate and future P/E that reflect a mix of recent price target changes and shifting views on the company’s outlook. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher price target as support for the updated fair value range, suggesting that recent research is more comfortable with the company’s longer term revenue potential and P/E assumptions.
    VLX
    UK£6.89
    Volex
    7D
    1.8%
    1Y
    143.5%
    DSCV
    UK£7.56
    discoverIE Group
    7D
    2.4%
    1Y
    21.7%
    Narrative Update • May 26

    DSCV: Unchanged Fair Outlook Will Rely On Slightly Higher 30x P/E

    Analysts have kept their £6.85 price target for discoverIE Group unchanged, citing broadly consistent assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their view. Valuation Changes Fair Value: £6.85 is unchanged, indicating no adjustment to the central valuation estimate.
    IKA
    UK£0.36
    Ilika
    7D
    7.4%
    1Y
    9.0%
    XPP
    UK£18.90
    XP Power
    7D
    -0.5%
    1Y
    146.7%
    HPOW
    UK£0.16
    H-Power
    7D
    7.8%
    1Y
    86.0%
    ITM
    UK£1.89
    ITM Power
    7D
    10.9%
    1Y
    195.8%
    Narrative Update • May 11

    ITM: Recent Contract Wins And Funding Support Will Drive Repricing

    Analysts have raised their price targets for ITM Power by £0.26, reflecting updated views on fair value, risk, and earnings potential following recent research updates. Analyst Commentary Recent research updates on ITM Power show a cluster of bullish analysts revisiting their models, with both rating and price target changes pointing to a more constructive stance on the stock.
    CKT
    UK£0.25
    Checkit
    7D
    -3.8%
    1Y
    53.8%
    TFW
    UK£2.60
    FW Thorpe
    7D
    -1.9%
    1Y
    -16.1%