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

UpdatedFeb 10, 2026
DataAggregated Company Financials
Companies25
  • 7D0.9%
  • 3M7.4%
  • 1Y18.9%
  • YTD4.6%

The Electronic Equipment and Components industry has stayed flat over the last week. The past year has been better, since the industry has gained 17% in that time. As for the next few years, earnings are expected to grow by 18% 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
Tue, 10 Feb 2026UK£19.4bUK£6.2bUK£355.2m24.5x54.7x3.1x
Thu, 08 Jan 2026UK£19.4bUK£6.2bUK£353.5m23.1x54.8x3.1x
Sat, 06 Dec 2025UK£19.2bUK£6.2bUK£355.3m22.7x54x3.1x
Mon, 03 Nov 2025UK£22.7bUK£7.4bUK£377.8m23.8x60.2x3.1x
Wed, 01 Oct 2025UK£22.4bUK£7.4bUK£405.8m29.6x55.1x3x
Fri, 29 Aug 2025UK£21.6bUK£7.5bUK£427.2m27.2x50.5x2.9x
Sun, 27 Jul 2025UK£21.2bUK£7.4bUK£602.3m28.6x35.2x2.8x
Tue, 24 Jun 2025UK£20.3bUK£7.4bUK£606.5m23x33.5x2.7x
Thu, 22 May 2025UK£17.9bUK£7.3bUK£631.3m20x28.3x2.4x
Sat, 19 Apr 2025UK£15.9bUK£7.3bUK£635.4m16.4x25.1x2.2x
Mon, 17 Mar 2025UK£17.5bUK£7.4bUK£681.5m19.6x25.7x2.4x
Wed, 12 Feb 2025UK£19.5bUK£7.4bUK£719.4m19.7x27.2x2.6x
Fri, 10 Jan 2025UK£18.3bUK£7.4bUK£719.6m21.7x25.4x2.5x
Sun, 08 Dec 2024UK£18.4bUK£7.5bUK£723.4m22.2x25.4x2.5x
Tue, 05 Nov 2024UK£17.3bUK£7.3bUK£706.9m22x24.5x2.4x
Thu, 03 Oct 2024UK£18.3bUK£7.3bUK£710.7m23.5x25.7x2.5x
Sat, 31 Aug 2024UK£18.7bUK£7.2bUK£725.8m17.9x25.8x2.6x
Mon, 29 Jul 2024UK£18.9bUK£7.4bUK£599.5m27.2x31.6x2.6x
Wed, 26 Jun 2024UK£19.3bUK£7.4bUK£598.1m25.8x32.2x2.6x
Fri, 24 May 2024UK£18.5bUK£7.2bUK£578.8m24.6x31.9x2.5x
Sun, 21 Apr 2024UK£17.2bUK£7.2bUK£559.5m21.8x30.8x2.4x
Tue, 19 Mar 2024UK£17.6bUK£7.1bUK£562.9m20.8x31.2x2.5x
Thu, 15 Feb 2024UK£17.7bUK£7.2bUK£555.3m26.3x31.9x2.5x
Sat, 13 Jan 2024UK£17.5bUK£7.2bUK£573.0m22x30.6x2.4x
Mon, 11 Dec 2023UK£17.2bUK£7.2bUK£574.0m21.5x29.9x2.4x
Wed, 08 Nov 2023UK£15.4bUK£7.1bUK£564.3m21.1x27.3x2.2x
Fri, 06 Oct 2023UK£15.8bUK£7.1bUK£566.8m21.1x27.9x2.2x
Sun, 03 Sep 2023UK£17.2bUK£7.1bUK£563.7m24.8x30.5x2.4x
Tue, 01 Aug 2023UK£18.2bUK£7.0bUK£560.1m24.5x32.5x2.6x
Thu, 29 Jun 2023UK£18.3bUK£6.8bUK£533.8m30.4x34.3x2.7x
Sat, 27 May 2023UK£19.0bUK£6.6bUK£505.2m28.4x37.7x2.9x
Mon, 24 Apr 2023UK£18.5bUK£6.6bUK£507.2m27.2x36.5x2.8x
Wed, 22 Mar 2023UK£17.8bUK£6.6bUK£510.7m26.6x34.8x2.7x
Fri, 17 Feb 2023UK£18.3bUK£6.3bUK£615.7m25.1x29.6x2.9x
Price to Earnings Ratio

29.6x


Total Market Cap: UK£18.3bTotal Earnings: UK£615.7mTotal Revenue: UK£6.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 34.3x202420252026
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 54.0x which is higher than its 3-year average PE of 34.3x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 17% 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 Market0.53%
Tech-5.47%
Electronic Equipment and Components0.88%
Electronic Components7.75%
Technology Distributors2.91%
Electronic Equipment and Instruments0.74%
Electronic Manufacturing Services-2.12%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio of 23.4x.
    • 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
HLMA HalmaUK£36.081.5%
+UK£203.9m		24.5%PE39.3x
TTG TT ElectronicsUK£1.3111.2%
+UK£23.5m		48.4%PS0.5x
BIG Big TechnologiesUK£1.073.4%
+UK£10.1m		-10.8%PS6.4x
KETL Strix GroupUK£0.506.6%
+UK£7.1m		1.9%PE14.1x
MIDW Midwich GroupUK£2.043.0%
+UK£6.2m		-20.0%PE30.3x

Latest News

CPX
UK£0.0027
CAP-XX
7D
20.5%
1Y
100.8%
OXIG
UK£24.60
Oxford Instruments
7D
-2.0%
1Y
24.5%

OXIG: Buybacks And Mixed Ratings Will Shape Future Return Balance

The analyst fair value estimate for Oxford Instruments has shifted from £19.50 to £23.00, reflecting higher Street price targets and updated assumptions on discount rate, revenue trajectory, profit margin and future P/E that analysts see as better aligned with recent research from banks covering the stock. Analyst Commentary Recent Street research on Oxford Instruments presents a mixed picture for investors, with price targets and ratings signalling both confidence in the long term story and pockets of caution on execution and valuation risk.
HLMA
UK£36.08
Halma
7D
1.5%
1Y
24.5%

HLMA: Modest Fair Value Shift Will Likely Support High P/E Expectations

Analysts have slightly increased their price targets on Halma, raising the revised fair value estimate to £38.38 per share from £38.05, reflecting modest adjustments to assumptions on revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent research updates on Halma point to a slightly higher fair value estimate per share at £38.38, alongside an increased price target of 450 GBp in one of the latest notes.
BIG
UK£1.07
Big Technologies
7D
3.4%
1Y
-10.8%
MIDW
UK£2.04
Midwich Group
7D
3.0%
1Y
-20.0%

Risks To Shareholder Returns Are Elevated At These Prices For Midwich Group plc (LON:MIDW)

Feb 06
Risks To Shareholder Returns Are Elevated At These Prices For Midwich Group plc (LON:MIDW)
RSW
UK£37.50
Renishaw
7D
-1.1%
1Y
3.4%

RSW: Photon Sensing Advances Will Likely Support A More Balanced Risk Profile

Analysts have raised their fair value estimate for Renishaw from £27.70 to £34.00, citing updated assumptions on revenue growth, profit margins and a higher future P/E multiple. What's in the News Renishaw and Singular Photonics report progress in their collaboration on next generation spectroscopy capabilities using Singular's single photon avalanche diode image sensors (Key Developments).
GHH
UK£7.38
Gooch & Housego
7D
-2.1%
1Y
73.6%
KETL
UK£0.50
Strix Group
7D
6.6%
1Y
1.9%

Next Generation Controls And Water Systems Will Reshape Long Term Prospects

Catalysts About Strix Group Strix Group designs and manufactures kettle controls, water filtration products and boiling and chilled water systems, serving appliance brands and end users globally. What are the underlying business or industry changes driving this perspective?
SEE
UK£0.041
Seeing Machines
7D
-7.2%
1Y
6.2%

Why We're Not Concerned Yet About Seeing Machines Limited's (LON:SEE) 25% Share Price Plunge

Feb 03
Why We're Not Concerned Yet About Seeing Machines Limited's (LON:SEE) 25% Share Price Plunge
SNX
UK£2.45
Synectics
7D
5.4%
1Y
-28.2%
SOLI
UK£1.60
Solid State
7D
-0.6%
1Y
4.9%

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

Jan 21
Solid State (LON:SOLI) Has Announced A Dividend Of £0.0092
MET
UK£0.0077
Metir
7D
-10.4%
1Y
-8.8%
TTG
UK£1.31
TT Electronics
7D
11.2%
1Y
48.4%
WPHO
UK£0.43
Windar Photonics
7D
7.4%
1Y
-10.5%
VNET
UK£0.66
Vianet Group
7D
-2.2%
1Y
-23.4%

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

Jan 03
Vianet Group (LON:VNET) Seems To Use Debt Quite Sensibly
SPSY
UK£1.42
Spectra Systems
7D
-3.7%
1Y
-34.5%