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

UpdatedMar 11, 2026
DataAggregated Company Financials
Companies25
  • 7D-1.1%
  • 3M11.4%
  • 1Y45.6%
  • YTD11.5%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 1.1%, driven by Halma declining 1.0%. Over the past 12 months, the industry was up 46%. 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
Wed, 11 Mar 2026UK£20.7bUK£6.3bUK£344.6m22.5x60.1x3.3x
Fri, 06 Feb 2026UK£19.0bUK£6.2bUK£355.1m25.2x53.4x3x
Sun, 04 Jan 2026UK£18.6bUK£6.2bUK£353.5m23.4x52.6x3x
Tue, 02 Dec 2025UK£22.5bUK£7.5bUK£412.8m25.8x54.6x3x
Thu, 30 Oct 2025UK£22.7bUK£7.4bUK£379.4m24.3x59.9x3.1x
Sat, 27 Sep 2025UK£22.0bUK£7.4bUK£402.2m29.9x54.7x3x
Mon, 25 Aug 2025UK£21.4bUK£7.5bUK£427.3m27.6x50.1x2.9x
Wed, 23 Jul 2025UK£21.0bUK£7.4bUK£602.4m29.7x34.9x2.8x
Fri, 20 Jun 2025UK£19.9bUK£7.4bUK£606.4m23.3x32.8x2.7x
Sun, 18 May 2025UK£18.1bUK£7.3bUK£631.4m20.1x28.6x2.5x
Tue, 15 Apr 2025UK£15.8bUK£7.4bUK£635.2m16.1x24.9x2.2x
Thu, 13 Mar 2025UK£17.2bUK£7.4bUK£681.6m19.8x25.2x2.3x
Sat, 08 Feb 2025UK£19.2bUK£7.4bUK£719.4m19.8x26.7x2.6x
Mon, 06 Jan 2025UK£18.0bUK£7.4bUK£719.9m21.5x25x2.4x
Wed, 04 Dec 2024UK£18.2bUK£7.5bUK£720.9m22.8x25.2x2.4x
Fri, 01 Nov 2024UK£17.6bUK£7.3bUK£706.5m24.2x24.9x2.4x
Sun, 29 Sep 2024UK£18.6bUK£7.3bUK£710.4m25x26.2x2.6x
Tue, 27 Aug 2024UK£18.5bUK£7.2bUK£723.3m25.9x25.6x2.6x
Thu, 25 Jul 2024UK£18.9bUK£7.4bUK£599.5m26.7x31.4x2.6x
Sat, 22 Jun 2024UK£19.3bUK£7.4bUK£598.0m25.2x32.3x2.6x
Mon, 20 May 2024UK£18.5bUK£7.2bUK£578.8m24.3x31.9x2.5x
Wed, 17 Apr 2024UK£17.6bUK£7.2bUK£559.6m21.6x31.4x2.4x
Fri, 15 Mar 2024UK£17.7bUK£7.1bUK£562.9m21x31.5x2.5x
Sun, 11 Feb 2024UK£17.8bUK£7.2bUK£555.3m26.3x32.1x2.5x
Tue, 09 Jan 2024UK£17.4bUK£7.2bUK£574.0m21.7x30.2x2.4x
Thu, 07 Dec 2023UK£16.9bUK£7.2bUK£576.3m21x29.4x2.3x
Sat, 04 Nov 2023UK£15.4bUK£7.1bUK£564.4m20.9x27.3x2.2x
Mon, 02 Oct 2023UK£16.3bUK£7.1bUK£566.8m22.1x28.7x2.3x
Wed, 30 Aug 2023UK£17.2bUK£7.1bUK£563.2m25x30.5x2.4x
Fri, 28 Jul 2023UK£18.3bUK£6.9bUK£537.1m24.5x34x2.7x
Sun, 25 Jun 2023UK£18.5bUK£6.8bUK£533.8m30.2x34.7x2.7x
Tue, 23 May 2023UK£19.5bUK£6.6bUK£505.2m28.4x38.5x2.9x
Thu, 20 Apr 2023UK£18.2bUK£6.6bUK£507.2m27x36x2.8x
Sat, 18 Mar 2023UK£17.7bUK£6.6bUK£509.6m26.2x34.7x2.7x
Price to Earnings Ratio

34.7x


Total Market Cap: UK£17.7bTotal Earnings: UK£509.6mTotal Revenue: UK£6.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 35x202420252026
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 60.1x which is higher than its 3-year average PE of 35.0x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.3x.
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-0.78%
Tech-0.59%
Electronic Equipment and Components-1.13%
Technology Distributors-0.26%
Electronic Manufacturing Services-0.77%
Electronic Equipment and Instruments-1.04%
Electronic Components-5.66%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio of 24.7x.
    • 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 63% 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
SDI SDI GroupUK£0.772.0%
+UK£1.6m		36.3%PE17.6x
TTG TT ElectronicsUK£1.160.5%
+UK£1.1m		45.2%PS0.4x

Latest News

LST
UK£0.029
Light Science Technologies Holdings
7D
-17.1%
1Y
9.4%
KETL
UK£0.38
Strix Group
7D
-19.5%
1Y
-24.5%
RSW
UK£39.90
Renishaw
7D
-1.6%
1Y
49.7%

RSW: Future Spectroscopy Collaboration Will Support Stronger Long Term Earnings Multiple

Analysts have lifted their price target on Renishaw from £43.00 to £47.50, reflecting updated assumptions on revenue growth, margins, and the future P/E they see as appropriate for the shares. What's in the News Renishaw has issued earnings guidance for FY2026, indicating expected full year revenue in a range of £740m to £780m.
TTG
UK£1.16
TT Electronics
7D
0.5%
1Y
45.2%
OXIG
UK£25.65
Oxford Instruments
7D
-0.6%
1Y
42.2%
SEE
UK£0.033
Seeing Machines
7D
-1.2%
1Y
18.9%

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.
HLMA
UK£39.22
Halma
7D
-1.0%
1Y
51.8%

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£0.77
SDI Group
7D
2.0%
1Y
36.3%
BIG
UK£1.05
Big Technologies
7D
-1.4%
1Y
-1.9%
SOLI
UK£1.63
Solid State
7D
-3.0%
1Y
-19.8%

Solid State (LON:SOLI) Has Announced A Dividend Of £0.0092

Jan 21
Solid State (LON:SOLI) Has Announced A Dividend Of £0.0092