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U.K. (FTSE) Electrical Industry Analysis

UpdatedMar 14, 2026
DataAggregated Company Financials
Companies17
  • 7D-3.9%
  • 3M1.7%
  • 1Y0.3%
  • YTD3.6%

Over the last 7 days, the Electrical industry has dropped 3.9%, driven by a pullback from Rosebank Industries of 5.6%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 47% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Mar 2026UK£5.0bUK£2.6b-UK£84,463,227.0018.5x-59.5x2x
Mon, 09 Feb 2026UK£5.2bUK£2.2b-UK£78,548,806.0020.3x-66.6x2.4x
Wed, 07 Jan 2026UK£3.5bUK£2.2b-UK£61,934,278.0018.4x-56.9x1.6x
Fri, 05 Dec 2025UK£3.7bUK£2.2b-UK£61,425,665.0017.4x-60.8x1.7x
Sun, 02 Nov 2025UK£3.6bUK£2.2b-UK£86,385,921.0016.5x-41.3x1.6x
Tue, 30 Sep 2025UK£3.3bUK£2.2b-UK£88,812,257.0016.4x-36.8x1.5x
Thu, 28 Aug 2025UK£3.2bUK£2.2b-UK£76,307,217.0014.3x-41.8x1.4x
Sat, 26 Jul 2025UK£3.3bUK£2.3b-UK£152,647,028.0015.8x-21.7x1.4x
Mon, 23 Jun 2025UK£3.2bUK£2.2b-UK£136,515,165.0014.9x-23.2x1.4x
Wed, 21 May 2025UK£2.7bUK£2.3b-UK£125,486,982.0015.4x-21.8x1.2x
Fri, 18 Apr 2025UK£2.3bUK£2.3b-UK£126,556,202.0013.6x-18.4x1x
Sun, 16 Mar 2025UK£2.5bUK£2.3b-UK£137,485,397.0014.5x-18.3x1.1x
Tue, 11 Feb 2025UK£2.9bUK£2.3b-UK£142,836,787.0014.7x-20.5x1.3x
Thu, 09 Jan 2025UK£3.0bUK£2.3b-UK£133,264,569.0014.1x-22.3x1.3x
Sat, 07 Dec 2024UK£3.2bUK£2.3b-UK£130,170,849.0015.3x-24.4x1.4x
Mon, 04 Nov 2024UK£3.4bUK£2.2b-UK£123,909,139.0017x-27.1x1.5x
Wed, 02 Oct 2024UK£3.5bUK£2.2b-UK£126,376,907.0017.7x-27.5x1.6x
Fri, 30 Aug 2024UK£3.6bUK£2.2b-UK£134,182,243.0018.1x-27x1.7x
Sun, 28 Jul 2024UK£3.8bUK£2.2b-UK£168,835,717.0018.6x-22.3x1.7x
Tue, 25 Jun 2024UK£3.7bUK£2.1b-UK£189,233,279.0019.1x-19.4x1.7x
Thu, 23 May 2024UK£3.9bUK£2.1b-UK£222,930,853.0018.2x-17.4x1.8x
Sat, 20 Apr 2024UK£3.4bUK£2.1b-UK£227,099,942.0017.5x-15x1.6x
Mon, 18 Mar 2024UK£3.3bUK£2.1b-UK£187,782,630.0016.5x-17.6x1.6x
Wed, 14 Feb 2024UK£3.6bUK£2.2b-UK£155,090,783.0017.1x-23.2x1.7x
Fri, 12 Jan 2024UK£3.6bUK£2.2b-UK£193,858,879.0018x-18.7x1.7x
Sun, 10 Dec 2023UK£3.5bUK£2.2b-UK£193,852,718.0016.1x-17.9x1.6x
Tue, 07 Nov 2023UK£3.4bUK£2.2b-UK£193,322,795.0015.7x-17.6x1.6x
Thu, 05 Oct 2023UK£3.9bUK£2.2b-UK£192,700,635.0016.3x-20x1.8x
Sat, 02 Sep 2023UK£4.3bUK£2.1b-UK£196,179,979.0020.5x-21.7x2x
Mon, 31 Jul 2023UK£4.3bUK£2.1b-UK£202,800,499.0020.4x-21.2x2.1x
Wed, 28 Jun 2023UK£4.2bUK£2.1b-UK£226,051,253.0019.7x-18.6x2x
Fri, 26 May 2023UK£4.0bUK£2.0b-UK£238,031,820.0019x-17x2x
Sun, 23 Apr 2023UK£4.2bUK£2.0b-UK£227,303,348.0018.7x-18.5x2.1x
Tue, 21 Mar 2023UK£4.1bUK£2.0b-UK£209,612,768.0019.6x-19.4x2x
Price to Earnings Ratio

-19.4x


Total Market Cap: UK£4.1bTotal Earnings: -UK£209,612,768.00Total Revenue: UK£2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electrical Industry Price to Earnings3Y Average -27.3x202420252026
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 1.6x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have improved over the last three years.
  • Revenues for these companies have grown 7.7% 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 Market-0.58%
Industrials-1.74%
Electrical-3.88%
Heavy Electrical Equipment0.62%
Electrical Components-4.34%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 48% over the next 5 years.
    • This is better than its past earnings growth rate of 17% per year.
    • In contrast, the Heavy Electrical Equipment 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
    		XPP XP PowerUK£14.123.2%
    +UK£12.3m    		55.2%PS1.7x
    		ITM ITM PowerUK£0.631.0%
    +UK£3.7m    		122.5%PS13.7x
    		AMP AMPEAK ENERGYUK£0.0292.6%
    +UK£542.1k    		22.9%PS3.6x

    Latest News

    AFC
    UK£0.11
    AFC Energy
    7D
    -6.8%
    1Y
    59.0%

    AFC: Permit And Ammonia Engine Progress Will Drive Hydrogen Upside

    Analysts have kept their £0.23 price target for AFC Energy unchanged, citing only very small tweaks in the discount rate, margin assumptions and future P/E expectations as the main drivers behind the refreshed model. What's in the News UK Environment Agency revises AFC Energy's Research and Development permit, allowing export and sale of low carbon hydrogen from the Dunsfold pilot ammonia cracking plant and enabling hydrogen sales to off takers sooner than previously permitted (Regulatory Authority – Compliance).
    VLX
    UK£4.35
    Volex
    7D
    -4.9%
    1Y
    59.4%

    VLX: Refined Discount Rate And Higher P/E Assumptions Will Support Future Returns

    Narrative Update The analyst price target for Volex has been raised by £0.10. Analysts cited updated fair value estimates, a revised discount rate, and refreshed P/E assumptions as key inputs behind the change.
    ITM
    UK£0.63
    ITM Power
    7D
    1.0%
    1Y
    122.5%

    ITM: Raised 2026 Guidance Will Still Likely Underdeliver

    Analysts have kept their £0.55 fair value estimate for ITM Power essentially unchanged, with only very small tweaks to assumptions around discount rate, revenue growth, profit margins and future P/E filtering into their updated price target rationale. What's in the News ITM Power raised earnings guidance for fiscal 2026, now expecting revenue between £40 million and £43 million, an 11% midpoint increase from the prior £35 million to £40 million range (Corporate guidance).
    DSCV
    UK£5.74
    discoverIE Group
    7D
    -0.9%
    1Y
    2.0%

    DSCV: Slightly Higher Assumptions Will Support Attractive Future Upside Potential

    Analysts have trimmed their price target on discoverIE Group slightly to £6.85, citing small adjustments to assumptions around the discount rate, revenue growth, profit margin and future P/E multiples, while keeping their overall fair value view unchanged at £6.85. Valuation Changes Fair Value: unchanged at £6.85 per share, with no shift in the analysts' central estimate.
    TFW
    UK£2.51
    FW Thorpe
    7D
    -8.7%
    1Y
    -15.5%
    GELN
    UK£0.17
    Gelion
    7D
    -13.2%
    1Y
    43.5%
    ROSE
    UK£3.18
    Rosebank Industries
    7D
    -5.6%
    1Y
    -49.3%
    XPP
    UK£14.12
    XP Power
    7D
    3.2%
    1Y
    55.2%
    CWR
    UK£3.00
    Ceres Power Holdings
    7D
    -7.7%
    1Y
    384.7%

    CWR: Higher Future P/E Will Support Long Term AI Power Opportunity

    Analysts have modestly adjusted their price target on Ceres Power Holdings, with the latest valuation now reflected in a slightly higher implied future P/E of about 378x. This follows a small uptick in the discount rate while fair value and growth assumptions remain broadly unchanged.
    IKA
    UK£0.29
    Ilika
    7D
    -3.3%
    1Y
    -14.0%
    AMP
    UK£0.029
    AMPEAK ENERGY
    7D
    2.6%
    1Y
    22.9%