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

UpdatedMar 05, 2026
DataAggregated Company Financials
Companies25
  • 7D-1.8%
  • 3M12.6%
  • 1Y39.8%
  • YTD14.7%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 1.8%, driven by Halma declining 1.3%. Over the past 12 months, the industry was up 40%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Mar 2026UK£21.3bUK£6.3bUK£344.5m23.4x61.8x3.4x
Sat, 31 Jan 2026UK£19.2bUK£6.2bUK£355.2m23.8x54.1x3.1x
Mon, 29 Dec 2025UK£18.7bUK£6.2bUK£353.5m23x53x3x
Wed, 26 Nov 2025UK£22.7bUK£7.5bUK£412.6m23.7x55x3x
Fri, 24 Oct 2025UK£22.6bUK£7.4bUK£373.0m28.6x60.6x3x
Sun, 21 Sep 2025UK£22.2bUK£7.5bUK£412.1m28.7x53.9x3x
Tue, 19 Aug 2025UK£21.1bUK£7.5bUK£427.3m28.3x49.4x2.8x
Thu, 17 Jul 2025UK£20.9bUK£7.4bUK£602.3m30.1x34.7x2.8x
Sat, 14 Jun 2025UK£19.5bUK£7.4bUK£633.0m20x30.9x2.6x
Mon, 12 May 2025UK£17.5bUK£7.3bUK£630.1m19.1x27.8x2.4x
Wed, 09 Apr 2025UK£15.1bUK£7.4bUK£676.8m15.4x22.4x2x
Fri, 07 Mar 2025UK£17.7bUK£7.4bUK£681.5m19.6x26x2.4x
Sun, 02 Feb 2025UK£20.1bUK£7.4bUK£719.4m20.5x27.9x2.7x
Tue, 31 Dec 2024UK£18.1bUK£7.4bUK£720.0m21.3x25.2x2.4x
Thu, 28 Nov 2024UK£17.9bUK£7.5bUK£720.6m22.4x24.9x2.4x
Sat, 26 Oct 2024UK£17.3bUK£7.3bUK£707.0m24.1x24.5x2.4x
Mon, 23 Sep 2024UK£18.0bUK£7.3bUK£712.8m23.4x25.2x2.5x
Wed, 21 Aug 2024UK£18.5bUK£7.2bUK£723.0m25.9x25.5x2.6x
Fri, 19 Jul 2024UK£19.3bUK£7.4bUK£599.6m27.8x32.2x2.6x
Sun, 16 Jun 2024UK£19.7bUK£7.4bUK£598.1m26.4x32.9x2.7x
Tue, 14 May 2024UK£18.4bUK£7.2bUK£578.3m22.7x31.8x2.5x
Thu, 11 Apr 2024UK£17.7bUK£7.2bUK£559.8m22.1x31.5x2.5x
Sat, 09 Mar 2024UK£18.1bUK£7.1bUK£563.0m21x32.1x2.5x
Mon, 05 Feb 2024UK£17.3bUK£7.2bUK£571.2m21.7x30.3x2.4x
Wed, 03 Jan 2024UK£17.8bUK£7.2bUK£573.9m22.1x31x2.5x
Fri, 01 Dec 2023UK£16.6bUK£7.2bUK£570.1m21.1x29.2x2.3x
Sun, 29 Oct 2023UK£14.6bUK£7.1bUK£564.3m19.8x25.9x2x
Tue, 26 Sep 2023UK£16.4bUK£7.1bUK£563.7m22.6x29.1x2.3x
Thu, 24 Aug 2023UK£16.8bUK£7.1bUK£563.3m24.6x29.8x2.4x
Sat, 22 Jul 2023UK£18.5bUK£6.9bUK£537.1m25.1x34.5x2.7x
Mon, 19 Jun 2023UK£19.2bUK£6.9bUK£534.1m29.5x35.9x2.8x
Wed, 17 May 2023UK£19.5bUK£6.6bUK£506.5m29.1x38.6x3x
Fri, 14 Apr 2023UK£18.4bUK£6.6bUK£506.1m29.2x36.3x2.8x
Sun, 12 Mar 2023UK£17.9bUK£6.4bUK£509.6m26x35.1x2.8x
Price to Earnings Ratio

35.1x


Total Market Cap: UK£17.9bTotal Earnings: UK£509.6mTotal Revenue: UK£6.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 34.9x202420252026
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 61.8x which is higher than its 3-year average PE of 34.9x.
  • 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 Market-2.48%
Tech0.25%
Electronic Equipment and Components-1.81%
Electronic Manufacturing Services0.79%
Electronic Components-1.56%
Electronic Equipment and Instruments-1.73%
Technology Distributors-11.74%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio of 24.5x.
    • Analysts are expecting annual earnings growth of 10.5%, which is higher than its past year's earnings decline of 69.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 65% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 11% 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
OXIG Oxford InstrumentsUK£26.751.3%
+UK£19.2m		39.6%PE95.2x
CPX CAP-XXUK£0.002613.0%
+UK£1.7m		132.1%PS5.5x
GHH Gooch & HousegoUK£7.660.8%
+UK£1.6m		57.3%PE59.3x
VNET Vianet GroupUK£0.692.2%
+UK£426.4k		-0.7%PE18.4x
NWT Newmark SecurityUK£1.082.4%
+UK£235.6k		54.7%PE9.9x

Latest News

SNX
UK£1.80
Synectics
7D
-20.9%
1Y
-41.0%
MIDW
UK£1.92
Midwich Group
7D
-12.2%
1Y
-17.1%
OXIG
UK£26.75
Oxford Instruments
7D
1.3%
1Y
39.6%
SEE
UK£0.033
Seeing Machines
7D
-8.8%
1Y
21.3%

SEE: Higher Future P/E Assumptions Will Drive Repricing Over Time

Analysts have raised their price target on Seeing Machines to £0.08 from £0.06, citing updated assumptions that combine a higher fair value estimate with changes to the discount rate, revenue growth, profit margin expectations and a significantly higher future P/E multiple. Analyst Commentary Analysts updating their valuation work on Seeing Machines are focusing less on short term trading and more on how the company might execute against its longer term assumptions on growth, profitability and the multiple investors may be willing to pay for that profile.
GHH
UK£7.66
Gooch & Housego
7D
0.8%
1Y
57.3%

GHH: New CFO Appointment Will Support Balanced Outlook At Current Fair Value

Analysts have raised their price target for Gooch & Housego to £8.05 from £7.33, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E as the main factors behind the change. What's in the News Gooch & Housego appointed James Corte as Chief Financial Officer, bringing experience across defence, industrial and telecoms sectors.
RSW
UK£41.50
Renishaw
7D
-3.9%
1Y
44.3%
HLMA
UK£40.22
Halma
7D
-1.3%
1Y
44.0%

HLMA: Steady Earnings Assumptions Will Likely Sustain Premium Future P/E

Analysts have nudged their price target for Halma higher to £38.69 from £38.38, citing modest adjustments to revenue growth, profit margin and future P/E assumptions following recent research updates, including the latest increase from Berenberg. Analyst Commentary Bullish Takeaways Bullish analysts supporting the higher £38.69 target point to incremental tweaks in revenue and margin assumptions as enough to justify a slightly richer valuation without changing the core thesis on Halma.
SDI
UK£0.76
SDI Group
7D
-5.0%
1Y
26.7%
NWT
UK£1.08
Newmark Security
7D
2.4%
1Y
54.7%
CPX
UK£0.0026
CAP-XX
7D
13.0%
1Y
132.1%
BIG
UK£1.08
Big Technologies
7D
-4.4%
1Y
1.4%
WPHO
UK£0.34
Windar Photonics
7D
-16.0%
1Y
-20.0%
VNET
UK£0.69
Vianet Group
7D
2.2%
1Y
-0.7%

Vianet Group (LON:VNET) Seems To Use Debt Quite Sensibly

Jan 03
Vianet Group (LON:VNET) Seems To Use Debt Quite Sensibly
SNT
UK£0.068
Sabien Technology Group
7D
3.8%
1Y
-25.0%