ITM Power Plc (LON:ITM) Just Reported And Analysts Have Been Cutting Their Estimates
Aug 17
U.K. (FTSE) Electrical Industry Analysis
UpdatedAug 17, 2024
DataAggregated Company Financials
Companies21
- 7D2.4%
- 3M-3.2%
- 1Y-17.9%
- YTD-2.2%
Over the last 7 days, the Electrical industry has risen 2.4%, driven by gains in FW Thorpe and discoverIE Group of 8.0% and 4.7%, respectively. However, the industry is down 18% over the past year. Earnings are forecast to grow by 30% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 17 Aug 2024 | UK£3.6b | UK£2.2b | -UK£134,009,875.00 | 18.5x | -27.1x | 1.7x |
| Mon, 15 Jul 2024 | UK£3.9b | UK£2.2b | -UK£167,031,455.00 | 19.2x | -23.6x | 1.8x |
| Wed, 12 Jun 2024 | UK£3.8b | UK£2.1b | -UK£185,145,643.00 | 18.2x | -20.4x | 1.8x |
| Fri, 10 May 2024 | UK£3.7b | UK£2.1b | -UK£222,497,245.00 | 18.3x | -16.4x | 1.7x |
| Sun, 07 Apr 2024 | UK£3.4b | UK£2.1b | -UK£184,708,366.00 | 17.1x | -18.3x | 1.6x |
| Tue, 05 Mar 2024 | UK£3.3b | UK£2.1b | -UK£155,465,830.00 | 16.1x | -21.4x | 1.6x |
| Thu, 01 Feb 2024 | UK£3.9b | UK£2.2b | -UK£188,755,175.00 | 17.6x | -20.5x | 1.8x |
| Sat, 30 Dec 2023 | UK£3.8b | UK£2.2b | -UK£194,247,230.00 | 18.3x | -19.4x | 1.7x |
| Mon, 27 Nov 2023 | UK£3.5b | UK£2.2b | -UK£194,788,318.00 | 17.2x | -18.2x | 1.6x |
| Wed, 25 Oct 2023 | UK£3.4b | UK£2.2b | -UK£192,786,813.00 | 15.7x | -17.6x | 1.6x |
| Fri, 22 Sep 2023 | UK£4.3b | UK£2.1b | -UK£196,236,569.00 | 20.3x | -22x | 2x |
| Sun, 20 Aug 2023 | UK£4.2b | UK£2.1b | -UK£196,513,755.00 | 19.7x | -21.5x | 2x |
| Tue, 18 Jul 2023 | UK£4.2b | UK£2.1b | -UK£267,845,531.00 | 20.3x | -15.6x | 2x |
| Thu, 15 Jun 2023 | UK£4.3b | UK£2.0b | -UK£234,751,025.00 | 20.2x | -18.3x | 2.1x |
| Sat, 13 May 2023 | UK£4.2b | UK£2.0b | -UK£238,217,670.00 | 18.9x | -17.7x | 2.1x |
| Mon, 10 Apr 2023 | UK£4.0b | UK£2.0b | -UK£224,671,573.00 | 19.3x | -17.7x | 2x |
| Wed, 08 Mar 2023 | UK£4.6b | UK£2.0b | -UK£211,448,356.00 | 20.6x | -21.6x | 2.2x |
| Fri, 03 Feb 2023 | UK£5.0b | UK£2.0b | -UK£215,554,801.00 | 23.2x | -23.3x | 2.5x |
| Sun, 01 Jan 2023 | UK£4.2b | UK£2.0b | -UK£173,218,056.00 | 23.1x | -24x | 2.1x |
| Tue, 29 Nov 2022 | UK£4.4b | UK£2.0b | -UK£168,553,450.00 | 19x | -26.3x | 2.2x |
| Thu, 27 Oct 2022 | UK£4.2b | UK£1.9b | -UK£165,430,869.00 | 15.7x | -25.2x | 2.2x |
| Sat, 24 Sep 2022 | UK£4.1b | UK£1.9b | -UK£169,880,189.00 | 25.1x | -23.9x | 2.1x |
| Mon, 22 Aug 2022 | UK£5.7b | UK£1.9b | -UK£128,543,003.00 | 25x | -44.4x | 3x |
| Wed, 20 Jul 2022 | UK£5.2b | UK£1.9b | -UK£79,888,643.00 | 25.6x | -65.5x | 2.8x |
| Fri, 17 Jun 2022 | UK£5.4b | UK£1.8b | -UK£42,854,282.00 | 27.2x | -127.2x | 3.1x |
| Sun, 15 May 2022 | UK£6.7b | UK£1.9b | -UK£41,277,876.00 | 28.3x | -161.4x | 3.5x |
| Tue, 12 Apr 2022 | UK£7.6b | UK£1.9b | -UK£43,537,118.00 | 30.3x | -174.9x | 4.1x |
| Thu, 10 Mar 2022 | UK£7.9b | UK£1.8b | -UK£28,675,730.00 | 23.2x | -277x | 4.3x |
| Sat, 05 Feb 2022 | UK£7.3b | UK£1.8b | -UK£11,278,927.00 | 22.2x | -648x | 4x |
| Mon, 03 Jan 2022 | UK£9.9b | UK£1.8b | -UK£5,687,160.00 | 18.1x | -1733.1x | 5.5x |
| Wed, 01 Dec 2021 | UK£10.0b | UK£1.8b | -UK£4,868,238.00 | 25.5x | -2064.1x | 5.6x |
| Fri, 29 Oct 2021 | UK£10.0b | UK£1.7b | UK£3.0m | 27.2x | 3352.6x | 6x |
| Sun, 26 Sep 2021 | UK£9.7b | UK£1.6b | UK£4.6m | 28.3x | 2095.2x | 5.9x |
| Tue, 24 Aug 2021 | UK£10.0b | UK£1.6b | UK£232.5k | 22.9x | 43005.8x | 6.1x |
Price to Earnings Ratio
43005.8x
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 2.9x is higher than the industry's current PS ratio of 1.7x.
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 10% 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 | 1.65% | |
| Industrials | 2.19% | |
| Electrical | 2.40% | |
| Electrical Components | 2.88% | |
| Heavy Electrical Equipment | -1.06% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 41% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 28% 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 | |
|---|---|---|---|---|---|
| TFW FW Thorpe | UK£3.78 | 8.0% +UK£32.9m | 3.0% | PE20x | |
| DSCV discoverIE Group | UK£6.48 | 4.7% +UK£27.8m | -11.2% | PE40.1x | |
| VLX Volex | UK£3.60 | 2.9% +UK£18.1m | 11.8% | PE21.4x | |
| LUCE Luceco | UK£1.59 | 7.1% +UK£16.3m | 30.3% | PE14.7x | |
| XPP XP Power | UK£14.02 | 0.4% +UK£1.4m | -39.4% | PS1.2x |
