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U.K. (FTSE) Electronic Equipment and Components Industry Analysis

UpdatedApr 11, 2026
DataAggregated Company Financials
Companies24
  • 7D6.7%
  • 3M11.1%
  • 1Y62.1%
  • YTD15.7%

The Electronic Equipment and Components industry is up 5.0% in the last week, with Halma up 7.1%. This means that the industry has gained 59% over the past year. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the U.K. Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Apr 2026UK£21.5bUK£6.3bUK£342.0m17.8x62.8x3.4x
Mon, 09 Mar 2026UK£20.4bUK£6.3bUK£344.6m23.1x59.3x3.3x
Wed, 04 Feb 2026UK£19.1bUK£6.2bUK£355.2m23.8x53.9x3.1x
Fri, 02 Jan 2026UK£18.6bUK£6.2bUK£353.5m23.6x52.8x3x
Sun, 30 Nov 2025UK£22.6bUK£7.5bUK£412.8m25.6x54.9x3x
Tue, 28 Oct 2025UK£22.9bUK£7.4bUK£373.0m28.5x61.4x3.1x
Thu, 25 Sep 2025UK£22.0bUK£7.5bUK£412.0m29.1x53.5x3x
Sat, 23 Aug 2025UK£21.4bUK£7.5bUK£427.3m27.6x50x2.9x
Mon, 21 Jul 2025UK£21.3bUK£7.4bUK£602.3m30.4x35.4x2.9x
Wed, 18 Jun 2025UK£19.9bUK£7.4bUK£606.4m22.9x32.7x2.7x
Fri, 16 May 2025UK£18.1bUK£7.3bUK£631.4m19.9x28.7x2.5x
Sun, 13 Apr 2025UK£15.3bUK£7.4bUK£635.1m16.1x24.1x2.1x
Tue, 11 Mar 2025UK£17.2bUK£7.4bUK£681.5m19.8x25.3x2.3x
Thu, 06 Feb 2025UK£19.7bUK£7.4bUK£719.6m19.8x27.4x2.7x
Sat, 04 Jan 2025UK£18.0bUK£7.4bUK£719.8m21.5x25x2.4x
Mon, 02 Dec 2024UK£18.0bUK£7.5bUK£721.0m22.8x25x2.4x
Wed, 30 Oct 2024UK£17.5bUK£7.3bUK£707.1m23.6x24.7x2.4x
Fri, 27 Sep 2024UK£18.2bUK£7.3bUK£707.8m24.7x25.7x2.5x
Sun, 25 Aug 2024UK£18.5bUK£7.2bUK£723.3m25.9x25.6x2.6x
Tue, 23 Jul 2024UK£19.1bUK£7.4bUK£599.6m27.1x31.9x2.6x
Thu, 20 Jun 2024UK£19.4bUK£7.4bUK£598.1m25.8x32.5x2.6x
Sat, 18 May 2024UK£18.5bUK£7.2bUK£578.8m24.3x31.9x2.5x
Mon, 15 Apr 2024UK£17.5bUK£7.2bUK£559.6m22.1x31.2x2.4x
Wed, 13 Mar 2024UK£17.9bUK£7.1bUK£563.0m20.9x31.9x2.5x
Fri, 09 Feb 2024UK£17.8bUK£7.2bUK£555.3m26.3x32x2.5x
Sun, 07 Jan 2024UK£17.1bUK£7.2bUK£574.0m21.5x29.7x2.4x
Tue, 05 Dec 2023UK£16.6bUK£7.2bUK£570.1m21.1x29x2.3x
Thu, 02 Nov 2023UK£15.0bUK£7.1bUK£564.3m20.4x26.6x2.1x
Sat, 30 Sep 2023UK£16.3bUK£7.1bUK£564.5m22.6x28.8x2.3x
Mon, 28 Aug 2023UK£16.9bUK£7.1bUK£563.3m24.5x30x2.4x
Wed, 26 Jul 2023UK£18.5bUK£6.9bUK£537.1m24.9x34.5x2.7x
Fri, 23 Jun 2023UK£18.4bUK£6.8bUK£533.8m29.9x34.5x2.7x
Sun, 21 May 2023UK£19.7bUK£6.6bUK£505.2m28.4x39x3x
Tue, 18 Apr 2023UK£18.7bUK£6.6bUK£507.2m27.7x36.9x2.8x
Price to Earnings Ratio

36.9x


Total Market Cap: UK£18.7bTotal Earnings: UK£507.2mTotal Revenue: UK£6.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 35.7x202420252026
Current Industry PE
  • Investors are optimistic on the British Electronic industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 61.7x which is higher than its 3-year average PE of 35.7x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 12% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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. Tech industry?

GB Market1.87%
Tech2.79%
Electronic Equipment and Components6.74%
Electronic Manufacturing Services16.27%
Electronic Equipment and Instruments6.71%
Technology Distributors4.96%
Electronic Components3.64%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 11.3x.
    • Analysts are expecting annual earnings growth of 38.4%, which is higher than its past year's earnings growth of 7.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 46% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 17% 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
HLMA HalmaUK£41.637.1%
+UK£1.0b		64.5%PE45.3x
RSW RenishawUK£37.764.7%
+UK£124.4m		73.6%PE37.1x
OXIG Oxford InstrumentsUK£26.425.7%
+UK£76.9m		67.0%PE93.1x
GHH Gooch & HousegoUK£8.8616.3%
+UK£33.9m		127.2%PE68.6x
BIG Big TechnologiesUK£0.9712.3%
+UK£31.0m		38.6%PS5.7x

Latest News

SOLI
UK£1.60
Solid State
7D
15.5%
1Y
3.2%
RSW
UK£37.76
Renishaw
7D
4.7%
1Y
73.6%
GHH
UK£8.86
Gooch & Housego
7D
16.3%
1Y
127.2%
HLMA
UK£41.63
Halma
7D
7.1%
1Y
64.5%

HLMA: Slightly Higher Assumptions And Neutral Views Will Support Premium P/E

Narrative update on Halma The updated analyst price target for Halma now reflects the recent Street moves to £4,150 per share. Analysts point to slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E as the key drivers behind this change.
TTG
UK£1.16
TT Electronics
7D
-3.3%
1Y
55.1%
OXIG
UK£26.42
Oxford Instruments
7D
5.7%
1Y
67.0%

OXIG: Elevated Margin Assumptions Will Drive Future Downside Risk

Narrative update on Oxford Instruments The analyst price target for Oxford Instruments has moved up by £4.00 to £2,675, with analysts pointing to slightly improved margin assumptions and modestly lower P/E expectations as key factors supporting this adjustment. Analyst Commentary Recent Street research around Oxford Instruments has focused on how far the current valuation can be supported by margins and earnings, even as published price targets are being adjusted.
WPHO
UK£0.28
Windar Photonics
7D
-3.5%
1Y
-32.9%
BIG
UK£0.97
Big Technologies
7D
12.3%
1Y
38.6%
SEE
UK£0.032
Seeing Machines
7D
8.5%
1Y
76.2%

SEE: Future Mobility Push And 3D Cabin Tech Will Drive Repricing

Analysts have increased their fair value estimate for Seeing Machines from about £0.03 to around £0.04 per share. This change reflects updated assumptions on revenue growth, profit margins, the discount rate, and future P/E multiples.
SDI
UK£0.78
SDI Group
7D
20.0%
1Y
62.5%
QUBE
UK£0.21
Quantum Base Holdings
7D
-2.3%
1Y
-8.5%
MET
UK£0.0055
Metir
7D
-4.3%
1Y
-4.3%
ONDO
UK£0.14
Ondo InsurTech
7D
-1.7%
1Y
-56.2%