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

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies24
  • 7D3.5%
  • 3M6.7%
  • 1Y51.8%
  • YTD8.4%

Over the last 7 days, the Electronic Equipment and Components industry has risen 3.5%, driven by gains from Halma of 4.5%. In the last 12 months, the industry was up 52%. 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
Sun, 05 Apr 2026UK£20.1bUK£6.3bUK£341.8m16.8x58.8x3.2x
Tue, 03 Mar 2026UK£22.1bUK£6.3bUK£345.3m25.1x64x3.5x
Thu, 29 Jan 2026UK£19.3bUK£6.2bUK£354.0m23.6x54.5x3.1x
Sat, 27 Dec 2025UK£18.7bUK£6.2bUK£353.5m23x53x3x
Mon, 24 Nov 2025UK£22.4bUK£7.5bUK£412.5m24.5x54.3x3x
Wed, 22 Oct 2025UK£22.5bUK£7.4bUK£373.0m28.4x60.2x3x
Fri, 19 Sep 2025UK£22.1bUK£7.5bUK£426.9m26.9x51.7x3x
Sun, 17 Aug 2025UK£21.0bUK£7.5bUK£427.4m28.3x49.1x2.8x
Tue, 15 Jul 2025UK£21.0bUK£7.4bUK£602.3m30.2x34.9x2.8x
Thu, 12 Jun 2025UK£19.4bUK£7.3bUK£623.2m20.7x31.1x2.6x
Sat, 10 May 2025UK£17.5bUK£7.3bUK£630.1m19.1x27.8x2.4x
Mon, 07 Apr 2025UK£15.4bUK£7.4bUK£676.9m14.9x22.8x2.1x
Wed, 05 Mar 2025UK£17.9bUK£7.4bUK£681.1m19.6x26.3x2.4x
Fri, 31 Jan 2025UK£19.7bUK£7.4bUK£719.9m21.2x27.3x2.6x
Sun, 29 Dec 2024UK£18.2bUK£7.4bUK£720.1m21.6x25.3x2.5x
Tue, 26 Nov 2024UK£18.3bUK£7.5bUK£720.4m23.3x25.4x2.4x
Thu, 24 Oct 2024UK£17.2bUK£7.3bUK£707.9m24.1x24.4x2.4x
Sat, 21 Sep 2024UK£18.0bUK£7.3bUK£712.8m23.4x25.2x2.5x
Mon, 19 Aug 2024UK£18.5bUK£7.2bUK£722.9m26.1x25.6x2.6x
Wed, 17 Jul 2024UK£19.7bUK£7.4bUK£599.6m26.9x32.8x2.7x
Fri, 14 Jun 2024UK£18.8bUK£7.3bUK£567.4m26.6x33.1x2.6x
Sun, 12 May 2024UK£18.6bUK£7.2bUK£578.2m23.3x32.2x2.6x
Tue, 09 Apr 2024UK£17.6bUK£7.2bUK£559.9m21.8x31.5x2.4x
Thu, 07 Mar 2024UK£18.1bUK£7.2bUK£564.3m20.5x32x2.5x
Sat, 03 Feb 2024UK£17.3bUK£7.2bUK£571.2m21.7x30.3x2.4x
Mon, 01 Jan 2024UK£18.1bUK£7.2bUK£574.1m22.7x31.6x2.5x
Wed, 29 Nov 2023UK£16.6bUK£7.2bUK£570.1m20.9x29.1x2.3x
Fri, 27 Oct 2023UK£14.6bUK£7.1bUK£564.3m19.5x26x2.1x
Sun, 24 Sep 2023UK£16.4bUK£7.1bUK£563.7m22.6x29.1x2.3x
Tue, 22 Aug 2023UK£16.8bUK£7.1bUK£563.4m24.4x29.8x2.4x
Thu, 20 Jul 2023UK£18.6bUK£6.9bUK£536.3m25.2x34.6x2.7x
Sat, 17 Jun 2023UK£19.2bUK£6.9bUK£534.1m29.5x35.9x2.8x
Mon, 15 May 2023UK£19.4bUK£6.6bUK£507.6m28.2x38.2x2.9x
Wed, 12 Apr 2023UK£18.1bUK£6.6bUK£506.2m29.6x35.8x2.7x
Price to Earnings Ratio

35.8x


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 58.8x 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 Market4.54%
Tech5.22%
Electronic Equipment and Components3.52%
Electronic Components4.56%
Electronic Equipment and Instruments3.63%
Electronic Manufacturing Services1.33%
Technology Distributors-6.87%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 10.6x.
    • 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 47% 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£38.884.5%
+UK£634.4m		55.4%PE42.3x
OXIG Oxford InstrumentsUK£25.004.4%
+UK£57.1m		57.4%PE88.2x
TTG TT ElectronicsUK£1.209.1%
+UK£17.9m		53.8%PS0.4x
SPSY Spectra SystemsUK£1.5623.4%
+UK£14.2m		-20.7%PE4.9x
BIG Big TechnologiesUK£0.864.1%
+UK£12.4m		33.7%PS5.1x

Latest News

HLMA
UK£38.88
Halma
7D
4.5%
1Y
55.4%

We Ran A Stock Scan For Earnings Growth And Halma (LON:HLMA) Passed With Ease

Apr 04
We Ran A Stock Scan For Earnings Growth And Halma (LON:HLMA) Passed With Ease
WPHO
UK£0.28
Windar Photonics
7D
-6.6%
1Y
-31.3%
RSW
UK£36.05
Renishaw
7D
-1.5%
1Y
56.4%
NAR
UK£0.28
Northamber
7D
-5.2%
1Y
1.9%
BIG
UK£0.86
Big Technologies
7D
4.1%
1Y
33.7%
SPSY
UK£1.56
Spectra Systems
7D
23.4%
1Y
-20.7%
SNX
UK£1.88
Synectics
7D
7.1%
1Y
-28.6%
GHH
UK£7.62
Gooch & Housego
7D
1.3%
1Y
101.1%

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
-6.1%
OXIG
UK£25.00
Oxford Instruments
7D
4.4%
1Y
57.4%

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
-6.9%
1Y
-21.2%
KETL
UK£0.37
Strix Group
7D
3.8%
1Y
-19.5%
TTG
UK£1.20
TT Electronics
7D
9.1%
1Y
53.8%
CPX
UK£0.002
CAP-XX
7D
-13.0%
1Y
90.5%
QUBE
UK£0.22
Quantum Base Holdings
7D
-2.2%
1Y
-8.3%
MET
UK£0.0057
Metir
7D
-11.5%
1Y
0%