With discoverIE Group plc (LON:DSCV) It Looks Like You'll Get What You Pay For
Jul 12
U.K. (FTSE) Electrical Industry Analysis
UpdatedJul 16, 2024
DataAggregated Company Financials
Companies21
- 7D4.7%
- 3M14.0%
- 1Y-10.2%
- YTD5.4%
The Electrical industry is up 4.7% in the last week, with discoverIE Group up 6.3%. Meanwhile, PowerHouse Energy Group actually underperformed within the industry, shrinking 17% in the last week. In the past year, the industry is down 10%. As for the next few years, earnings are expected to grow by 30% per annum.
Industry Valuation and Performance
Has the U.K. Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Jul 2024 | UK£3.9b | UK£2.2b | -UK£166,992,155.00 | 19.6x | -23.5x | 1.8x |
| Fri, 14 Jun 2024 | UK£3.8b | UK£2.1b | -UK£185,198,687.00 | 18.2x | -20.5x | 1.8x |
| Sun, 12 May 2024 | UK£3.6b | UK£2.1b | -UK£222,507,213.00 | 18.1x | -16.3x | 1.7x |
| Tue, 09 Apr 2024 | UK£3.4b | UK£2.1b | -UK£184,755,358.00 | 17.1x | -18.5x | 1.6x |
| Thu, 07 Mar 2024 | UK£3.4b | UK£2.1b | -UK£187,974,054.00 | 16.6x | -17.9x | 1.6x |
| Sat, 03 Feb 2024 | UK£3.8b | UK£2.2b | -UK£150,341,007.00 | 17.9x | -25.6x | 1.8x |
| Mon, 01 Jan 2024 | UK£3.8b | UK£2.2b | -UK£193,833,959.00 | 18.3x | -19.5x | 1.7x |
| Wed, 29 Nov 2023 | UK£3.4b | UK£2.2b | -UK£195,013,461.00 | 16.9x | -17.5x | 1.6x |
| Fri, 27 Oct 2023 | UK£3.3b | UK£2.2b | -UK£192,646,770.00 | 15.4x | -17.2x | 1.5x |
| Sun, 24 Sep 2023 | UK£4.2b | UK£2.1b | -UK£196,105,929.00 | 20.5x | -21.6x | 2x |
| Tue, 22 Aug 2023 | UK£4.2b | UK£2.1b | -UK£196,522,587.00 | 19.6x | -21.5x | 2x |
| Thu, 20 Jul 2023 | UK£4.5b | UK£2.1b | -UK£267,453,979.00 | 20.3x | -16.7x | 2.1x |
| Sat, 17 Jun 2023 | UK£4.3b | UK£2.0b | -UK£234,967,850.00 | 19.8x | -18.3x | 2.1x |
| Mon, 15 May 2023 | UK£4.2b | UK£2.0b | -UK£238,196,725.00 | 18.9x | -17.7x | 2.1x |
| Wed, 12 Apr 2023 | UK£4.0b | UK£2.0b | -UK£224,649,448.00 | 19.2x | -17.7x | 2x |
| Fri, 10 Mar 2023 | UK£4.5b | UK£2.0b | -UK£212,594,538.00 | 20x | -20.9x | 2.2x |
| Sun, 05 Feb 2023 | UK£5.0b | UK£2.0b | -UK£215,137,966.00 | 23.2x | -23.3x | 2.5x |
| Tue, 03 Jan 2023 | UK£4.2b | UK£2.0b | -UK£173,135,751.00 | 23.1x | -24x | 2.1x |
| Thu, 01 Dec 2022 | UK£4.4b | UK£2.0b | -UK£168,364,060.00 | 20.3x | -26.1x | 2.2x |
| Sat, 29 Oct 2022 | UK£3.9b | UK£1.9b | -UK£165,394,997.00 | 15.4x | -23.8x | 2.1x |
| Mon, 26 Sep 2022 | UK£4.1b | UK£1.9b | -UK£169,880,189.00 | 25.1x | -23.9x | 2.1x |
| Wed, 24 Aug 2022 | UK£5.5b | UK£1.9b | -UK£128,633,291.00 | 24.9x | -43.1x | 2.9x |
| Fri, 22 Jul 2022 | UK£5.6b | UK£1.8b | -UK£80,076,819.00 | 26.7x | -70.3x | 3x |
| Sun, 19 Jun 2022 | UK£5.6b | UK£1.8b | -UK£42,548,699.00 | 27.4x | -132.7x | 3.2x |
| Tue, 17 May 2022 | UK£6.6b | UK£1.9b | -UK£41,309,572.00 | 28.2x | -160.4x | 3.5x |
| Thu, 14 Apr 2022 | UK£7.6b | UK£1.9b | -UK£41,557,626.00 | 29x | -183.9x | 4.1x |
| Sat, 12 Mar 2022 | UK£8.0b | UK£1.8b | -UK£33,296,237.00 | 23.2x | -241.2x | 4.4x |
| Mon, 07 Feb 2022 | UK£7.3b | UK£1.8b | -UK£11,278,927.00 | 22.2x | -648x | 4x |
| Wed, 05 Jan 2022 | UK£9.8b | UK£1.8b | -UK£5,679,033.00 | 18x | -1717.6x | 5.4x |
| Fri, 03 Dec 2021 | UK£10.4b | UK£1.8b | -UK£5,727,125.00 | 26.4x | -1811.5x | 5.7x |
| Sun, 31 Oct 2021 | UK£10.1b | UK£1.7b | UK£3.2m | 27.2x | 3116x | 6.1x |
| Tue, 28 Sep 2021 | UK£9.7b | UK£1.6b | UK£4.5m | 28.1x | 2134.1x | 5.9x |
| Thu, 26 Aug 2021 | UK£10.1b | UK£1.6b | UK£232.5k | 22.4x | 43530x | 6.2x |
Price to Earnings Ratio
39281.2x
Current Industry PE
- Investors are pessimistic on the British Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- Total earnings for the Electrical industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 11% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | 0.18% | |
| Industrials | 0.95% | |
| Electrical | 4.68% | |
| Heavy Electrical Equipment | 6.07% | |
| Electrical Components | 4.48% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 46% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 27% 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 | |
|---|---|---|---|---|---|
| DSCV discoverIE Group | UK£7.53 | 7.1% +UK£48.0m | -9.2% | PE46.6x | |
| VLX Volex | UK£3.55 | 6.1% +UK£37.0m | 26.6% | PE21.1x | |
| ITM ITM Power | UK£0.62 | 7.9% +UK£27.8m | -26.6% | PS31.5x | |
| CWR Ceres Power Holdings | UK£1.96 | 4.3% +UK£15.7m | -47.3% | PS17x | |
| GELN Gelion | UK£0.27 | 26.2% +UK£7.5m | -4.5% | PS17.3x |
