Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

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

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies24
  • 7D1.7%
  • 3M8.4%
  • 1Y47.6%
  • YTD8.4%

Last week, the Electronic Equipment and Components industry hasn't moved much but Halma is up 3.2% in that time. As for the the longer term, the industry is up 42% over the past 12 months. 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
Fri, 03 Apr 2026UK£20.1bUK£6.3bUK£341.9m16.8x58.8x3.2x
Sun, 01 Mar 2026UK£22.1bUK£6.3bUK£345.3m25.1x64x3.5x
Tue, 27 Jan 2026UK£19.5bUK£6.2bUK£353.9m22.6x55.2x3.1x
Thu, 25 Dec 2025UK£18.7bUK£6.2bUK£356.0m23x52.6x3x
Sat, 22 Nov 2025UK£22.4bUK£7.5bUK£412.5m24.5x54.3x3x
Mon, 20 Oct 2025UK£22.4bUK£7.4bUK£373.1m27.5x59.9x3x
Wed, 17 Sep 2025UK£21.4bUK£7.5bUK£427.0m27.5x50.2x2.9x
Fri, 15 Aug 2025UK£21.1bUK£7.5bUK£427.3m28.3x49.4x2.8x
Sun, 13 Jul 2025UK£21.0bUK£7.4bUK£602.3m30.2x34.9x2.8x
Tue, 10 Jun 2025UK£19.4bUK£7.3bUK£623.3m20.9x31.1x2.6x
Thu, 08 May 2025UK£16.8bUK£7.3bUK£630.1m17.9x26.7x2.3x
Sat, 05 Apr 2025UK£15.4bUK£7.4bUK£680.2m15x22.7x2.1x
Mon, 03 Mar 2025UK£18.2bUK£7.4bUK£680.8m20.2x26.8x2.5x
Wed, 29 Jan 2025UK£19.0bUK£7.4bUK£719.8m20.6x26.4x2.6x
Fri, 27 Dec 2024UK£18.3bUK£7.4bUK£720.0m21.5x25.4x2.5x
Sun, 24 Nov 2024UK£18.0bUK£7.5bUK£720.4m23.1x25x2.4x
Tue, 22 Oct 2024UK£17.4bUK£7.3bUK£707.9m24.1x24.5x2.4x
Thu, 19 Sep 2024UK£17.9bUK£7.3bUK£724.9m21.2x24.7x2.5x
Sat, 17 Aug 2024UK£18.5bUK£7.2bUK£722.9m26.1x25.6x2.6x
Mon, 15 Jul 2024UK£19.6bUK£7.4bUK£599.6m23.8x32.6x2.7x
Wed, 12 Jun 2024UK£18.3bUK£7.2bUK£578.9m25.4x31.7x2.5x
Fri, 10 May 2024UK£18.4bUK£7.2bUK£578.2m23x31.9x2.5x
Sun, 07 Apr 2024UK£17.7bUK£7.2bUK£559.9m21.8x31.6x2.5x
Tue, 05 Mar 2024UK£18.1bUK£7.2bUK£564.3m21.1x32x2.5x
Thu, 01 Feb 2024UK£17.5bUK£7.2bUK£571.6m21.9x30.6x2.4x
Sat, 30 Dec 2023UK£18.1bUK£7.2bUK£574.1m22.7x31.6x2.5x
Mon, 27 Nov 2023UK£16.7bUK£7.2bUK£570.1m21.2x29.3x2.3x
Wed, 25 Oct 2023UK£14.9bUK£7.1bUK£564.3m20.8x26.4x2.1x
Fri, 22 Sep 2023UK£16.7bUK£7.1bUK£563.7m22.9x29.6x2.3x
Sun, 20 Aug 2023UK£16.8bUK£7.1bUK£563.4m24.5x29.8x2.4x
Tue, 18 Jul 2023UK£18.3bUK£6.9bUK£536.7m25.2x34.1x2.7x
Thu, 15 Jun 2023UK£19.5bUK£6.7bUK£523.1m29.1x37.4x2.9x
Sat, 13 May 2023UK£19.4bUK£6.6bUK£507.6m28.2x38.2x2.9x
Mon, 10 Apr 2023UK£18.1bUK£6.6bUK£506.2m29.7x35.7x2.7x
Price to Earnings Ratio

35.7x


Total Market Cap: UK£18.1bTotal Earnings: UK£506.2mTotal Revenue: UK£6.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 35.6x202420252026
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 58.5x which is higher than its 3-year average PE of 35.6x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.2x.
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 Market4.41%
Tech3.93%
Electronic Equipment and Components1.66%
Electronic Components4.39%
Electronic Equipment and Instruments1.75%
Electronic Manufacturing Services0.53%
Technology Distributors-11.29%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 10.5x.
    • 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£38.883.2%
+UK£453.1m		51.8%PE42.3x
TTG TT ElectronicsUK£1.209.1%
+UK£17.9m		53.8%PS0.4x
SPSY Spectra SystemsUK£1.5621.0%
+UK£13.0m		-26.0%PE4.9x
BIG Big TechnologiesUK£0.864.1%
+UK£9.8m		25.2%PS5x
SNX SynecticsUK£1.8810.3%
+UK£3.0m		-33.6%PE8.6x

Latest News

RSW
UK£36.05
Renishaw
7D
-5.1%
1Y
49.3%
NAR
UK£0.28
Northamber
7D
-6.8%
1Y
1.9%
BIG
UK£0.86
Big Technologies
7D
4.1%
1Y
25.2%
SPSY
UK£1.56
Spectra Systems
7D
21.0%
1Y
-26.0%
SEE
UK£0.029
Seeing Machines
7D
-5.2%
1Y
43.4%

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.
SNX
UK£1.88
Synectics
7D
10.3%
1Y
-33.6%
GHH
UK£7.62
Gooch & Housego
7D
0.5%
1Y
89.6%

GHH: Stable Assumptions And P/E Fine Tuning Will Support Bullish Outlook

Analysts have made a small adjustment to their price target for Gooch & Housego, keeping fair value at £8.47 while fine tuning assumptions around discount rate, revenue growth, profit margins and future P/E to reflect updated modelling rather than any clear shift in the investment case. Valuation Changes Fair Value: Maintained at £8.47, so the headline valuation output is unchanged.
SOLI
UK£1.39
Solid State
7D
-2.8%
1Y
-9.2%
HLMA
UK£38.88
Halma
7D
3.2%
1Y
51.8%

HLMA: Slightly Higher Revenue Assumptions Will Support Premium Future P/E

Halma's analyst price target has shifted higher to £4,150 from £4,000, as analysts point to updated assumptions for slightly stronger revenue growth and valuation multiples, along with modestly adjusted profit margin expectations. Analyst Commentary Recent research presents a mixed but generally balanced view on Halma, with price targets adjusted to reflect updated assumptions on revenue growth, valuation multiples, and profit margins.
OXIG
UK£25.00
Oxford Instruments
7D
0.6%
1Y
50.2%

OXIG: Higher Price Assumptions Will Shape Future Risk Reward Balance

Analysts have raised their price target for Oxford Instruments by £4.00, citing recent Street research, including revised targets of £2,675 and above, as support for this updated view. Analyst Commentary Recent Street research around Oxford Instruments, including the revised £2,675 target and the additional £4.00 uplift cited by analysts, provides a clearer sense of how the market is thinking about valuation and execution risk.
MIDW
UK£1.54
Midwich Group
7D
-11.5%
1Y
-23.4%
SDI
UK£0.65
SDI Group
7D
-3.7%
1Y
32.7%
KETL
UK£0.37
Strix Group
7D
0.8%
1Y
-21.1%
TTG
UK£1.20
TT Electronics
7D
9.1%
1Y
53.8%
QUBE
UK£0.22
Quantum Base Holdings
7D
-2.2%
1Y
n/a
WPHO
UK£0.28
Windar Photonics
7D
-6.6%
1Y
-32.1%