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U.K. (FTSE) Electrical Industry Analysis

UpdatedJun 08, 2026
DataAggregated Company Financials
Companies17
  • 7D-6.4%
  • 3M34.4%
  • 1Y-0.1%
  • YTD37.7%

Over the last 7 days, the Electrical industry has dropped 7.9%, driven by pullbacks in Ceres Power Holdings and ITM Power of 20% and 24%, respectively. In contrast, Invinity Energy Systems has gained 11%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 44% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 08 Jun 2026UK£9.6bUK£2.6b-UK£89,248,102.0025.3x-107.3x3.7x
Wed, 06 May 2026UK£9.6bUK£2.5b-UK£90,659,270.0022.2x-106x3.8x
Fri, 03 Apr 2026UK£7.1bUK£2.6b-UK£90,667,989.0020.4x-77.9x2.8x
Sun, 01 Mar 2026UK£5.3bUK£2.2b-UK£66,425,410.0020.9x-80x2.4x
Tue, 27 Jan 2026UK£5.3bUK£2.2b-UK£78,816,937.0020x-66.7x2.4x
Thu, 25 Dec 2025UK£3.5bUK£2.2b-UK£62,001,150.0018x-55.6x1.6x
Sat, 22 Nov 2025UK£3.6bUK£2.2b-UK£63,254,029.0017.2x-57.5x1.6x
Mon, 20 Oct 2025UK£3.4bUK£2.2b-UK£88,123,667.0016.1x-38.7x1.6x
Wed, 17 Sep 2025UK£3.0bUK£2.2b-UK£83,036,591.0015.7x-36.2x1.4x
Fri, 15 Aug 2025UK£3.3bUK£2.2b-UK£76,880,873.0014.7x-42.9x1.5x
Sun, 13 Jul 2025UK£3.5bUK£2.3b-UK£149,472,717.0016x-23.5x1.5x
Tue, 10 Jun 2025UK£3.2bUK£2.3b-UK£118,763,102.0014.8x-26.6x1.4x
Thu, 08 May 2025UK£2.5bUK£2.3b-UK£125,463,897.0014.3x-19.8x1.1x
Sat, 05 Apr 2025UK£2.2bUK£2.3b-UK£126,452,567.0013.2x-17x0.9x
Mon, 03 Mar 2025UK£2.6bUK£2.3b-UK£142,894,387.0014.4x-18.1x1.1x
Wed, 29 Jan 2025UK£2.9bUK£2.3b-UK£134,244,634.0015x-21.9x1.3x
Fri, 27 Dec 2024UK£3.1bUK£2.3b-UK£131,948,839.0014.6x-23.3x1.3x
Sun, 24 Nov 2024UK£3.1bUK£2.3b-UK£120,236,799.0015.3x-25.8x1.3x
Tue, 22 Oct 2024UK£3.4bUK£2.2b-UK£123,959,147.0017x-27.2x1.5x
Thu, 19 Sep 2024UK£3.4bUK£2.2b-UK£132,799,134.0017.4x-25.3x1.5x
Sat, 17 Aug 2024UK£3.6bUK£2.2b-UK£134,009,875.0018.5x-27.1x1.7x
Mon, 15 Jul 2024UK£3.9bUK£2.2b-UK£167,031,455.0019.2x-23.6x1.8x
Wed, 12 Jun 2024UK£3.8bUK£2.1b-UK£185,145,643.0018.2x-20.4x1.8x
Fri, 10 May 2024UK£3.7bUK£2.1b-UK£222,497,245.0018.3x-16.4x1.7x
Sun, 07 Apr 2024UK£3.4bUK£2.1b-UK£184,708,366.0017.1x-18.3x1.6x
Tue, 05 Mar 2024UK£3.3bUK£2.1b-UK£155,465,830.0016.1x-21.4x1.6x
Thu, 01 Feb 2024UK£3.9bUK£2.2b-UK£188,755,175.0017.6x-20.5x1.8x
Sat, 30 Dec 2023UK£3.8bUK£2.2b-UK£194,247,230.0018.3x-19.4x1.7x
Mon, 27 Nov 2023UK£3.5bUK£2.2b-UK£194,788,318.0017.2x-18.2x1.6x
Wed, 25 Oct 2023UK£3.4bUK£2.2b-UK£192,786,813.0015.7x-17.6x1.6x
Fri, 22 Sep 2023UK£4.3bUK£2.1b-UK£196,236,569.0020.3x-22x2x
Sun, 20 Aug 2023UK£4.2bUK£2.1b-UK£196,513,755.0019.7x-21.5x2x
Tue, 18 Jul 2023UK£4.2bUK£2.1b-UK£267,845,531.0020.3x-15.6x2x
Thu, 15 Jun 2023UK£4.3bUK£2.0b-UK£234,751,025.0020.2x-18.3x2.1x
Price to Earnings Ratio

-18.3x


Total Market Cap: UK£4.3bTotal Earnings: -UK£234,751,025.00Total Revenue: UK£2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electrical Industry Price to Earnings3Y Average -33.1x202420252026
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 3.7x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have improved over the last three years.
  • Revenues for these companies have grown 7.9% 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-0.10%
Industrials0.28%
Electrical-6.42%
Electrical Components-4.42%
Heavy Electrical Equipment-17.73%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 45% over the next 5 years.
    • This is better than its past earnings growth rate of 25% per year.
    • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 38% 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
    		ROSE Rosebank IndustriesUK£3.532.3%
    +UK£79.1m    		-45.3%PS10.5x
    		LUCE LucecoUK£2.723.0%
    +UK£11.9m    		87.6%PE20x
    		IES Invinity Energy SystemsUK£0.394.0%
    +UK£8.5m    		143.8%PS27.1x
    		GELN GelionUK£0.209.9%
    +UK£4.0m    		39.3%PS15.8x
    		PHE PowerHouse Energy GroupUK£0.002210.0%
    +UK£1.2m    		-54.2%PS19.1x

    Latest News

    LUCE
    UK£2.72
    Luceco
    7D
    3.0%
    1Y
    87.6%
    Narrative Update • Jun 05

    LUCE: Steady Fair Value And 2026 Dividend Policy Will Shape Returns

    Analysts have lifted their price target on Luceco to £2.66 from £2.16. This reflects updated assumptions for revenue growth, profit margins, a higher future P/E multiple, and a slightly lower discount rate.
    DSCV
    UK£7.13
    discoverIE Group
    7D
    -5.7%
    1Y
    3.8%
    XPP
    UK£17.84
    XP Power
    7D
    -5.6%
    1Y
    90.2%
    ITM
    UK£1.48
    ITM Power
    7D
    -21.6%
    1Y
    76.9%
    IES
    UK£0.39
    Invinity Energy Systems
    7D
    4.0%
    1Y
    143.8%
    Narrative Update • Jun 04

    IES: Laufenburg And Copwood Projects Will Shape Future Revenue Profile

    Analysts have adjusted their price target on Invinity Energy Systems to £0.35 from £0.33, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E that modestly reshape their valuation view. What's in the News Invinity Energy Systems has been selected by FlexBase Group to design a GWh-scale vanadium flow battery of up to 1.5 GWh for the Technology Centre Laufenburg on the Switzerland Germany border, with FlexBase indicating potential expansion to 2.1 GWh in later phases.
    DIA
    UK£3.81
    Dialight
    7D
    -2.3%
    1Y
    204.8%
    PHE
    UK£0.0022
    PowerHouse Energy Group
    7D
    10.0%
    1Y
    -54.2%
    VLX
    UK£6.29
    Volex
    7D
    -8.7%
    1Y
    109.0%
    Narrative Update • Jun 01

    VLX: Future P/E Confidence And Hold Rating Will Shape Fairly Balanced Outlook

    Analysts have adjusted the Volex fair value estimate higher from about £5.25 to roughly £6.52 per share. This reflects updated price targets from several firms and revised assumptions for discount rate, revenue growth, profit margins, and future P/E multiples.
    ROSE
    UK£3.53
    Rosebank Industries
    7D
    2.3%
    1Y
    -45.3%
    CWR
    UK£6.75
    Ceres Power Holdings
    7D
    -17.1%
    1Y
    757.1%
    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.
    IKA
    UK£0.35
    Ilika
    7D
    -4.1%
    1Y
    0%
    HPOW
    UK£0.14
    H-Power
    7D
    -12.1%
    1Y
    11.4%
    AMP
    UK£0.027
    AMPEAK ENERGY
    7D
    5.9%
    1Y
    14.9%
    TFW
    UK£2.61
    FW Thorpe
    7D
    0.4%
    1Y
    -15.0%
    GELN
    UK£0.20
    Gelion
    7D
    9.9%
    1Y
    39.3%