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

UpdatedJan 28, 2026
DataAggregated Company Financials
Companies25
  • 7D2.0%
  • 3M5.5%
  • 1Y18.8%
  • YTD5.3%

The Electronic Equipment and Components industry is up 2.0% in the last week, with Halma up 1.8%. During this same period, the Seeing Machines underperformed, falling 6.2%. This takes the industry's 12 month performance to a gain of 19%. As for the next few years, earnings are expected to grow by 17% 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, 29 Jan 2026UK£19.6bUK£6.2bUK£354.0m22.5x55.3x3.1x
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
Fri, 10 Mar 2023UK£18.3bUK£6.4bUK£509.4m26.5x36x2.8x
Sun, 05 Feb 2023UK£18.5bUK£6.3bUK£615.6m25.3x30.1x2.9x
Price to Earnings Ratio

30.1x


Total Market Cap: UK£18.5bTotal Earnings: UK£615.6mTotal Revenue: UK£6.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 34x202420252026
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 55.3x which is higher than its 3-year average PE of 34.0x.
  • 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 Market1.24%
Tech1.19%
Electronic Equipment and Components1.96%
Electronic Manufacturing Services8.33%
Electronic Equipment and Instruments1.98%
Technology Distributors-0.27%
Electronic Components-0.49%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio of 22.9x.
    • 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 69% 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£36.541.8%
+UK£241.7m		24.1%PE39.8x
OXIG Oxford InstrumentsUK£25.158.2%
+UK£106.3m		21.2%PE89.8x
RSW RenishawUK£37.401.1%
+UK£29.1m		8.1%PE32.5x
GHH Gooch & HousegoUK£6.768.3%
+UK£14.2m		59.8%PE52.3x
BIG Big TechnologiesUK£1.052.0%
+UK£5.8m		-15.0%PS6.2x

Latest News

BIG
UK£1.05
Big Technologies
7D
2.0%
1Y
-15.0%
OXIG
UK£25.15
Oxford Instruments
7D
8.2%
1Y
21.2%
GHH
UK£6.76
Gooch & Housego
7D
8.3%
1Y
59.8%
RSW
UK£37.40
Renishaw
7D
1.1%
1Y
8.1%

RSW: New Spectroscopy Capabilities Will Support Balanced Medium Term Outlook

Analysts have maintained their price target for Renishaw at £36.91. They cite only minor adjustments to assumptions such as the discount rate, long-term revenue growth, profit margin and future P/E, which together do not materially change their view of the shares.
HLMA
UK£36.54
Halma
7D
1.8%
1Y
24.1%

HLMA: Higher Fair Value Assumptions Will Likely Support Premium P/E Multiple

Halma's analyst price target has been lifted by £0.72 to £38.05, with analysts pointing to updated assumptions around fair value, revenue growth, profit margins and future P/E levels as key drivers behind the change. Analyst Commentary Bullish Takeaways Bullish analysts see the higher £38.05 target as better reflecting their updated fair value work, which now builds in revised assumptions around revenue, margins and the P/E they are prepared to apply.
MIDW
UK£1.80
Midwich Group
7D
-0.3%
1Y
-33.0%
NWT
UK£1.05
Newmark Security
7D
-6.7%
1Y
41.9%
SEE
UK£0.047
Seeing Machines
7D
-6.2%
1Y
17.4%
KETL
UK£0.46
Strix Group
7D
-4.8%
1Y
1.0%
THRU
UK£0.0095
Thruvision Group
7D
-9.5%
1Y
-65.5%
SDI
UK£0.80
SDI Group
7D
2.0%
1Y
49.8%

SDI Group plc's (LON:SDI) Business Is Yet to Catch Up With Its Share Price

Jan 07
SDI Group plc's (LON:SDI) Business Is Yet to Catch Up With Its Share Price
WPHO
UK£0.46
Windar Photonics
7D
-5.2%
1Y
-17.3%
VNET
UK£0.65
Vianet Group
7D
-4.4%
1Y
-36.0%

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

Jan 03
Vianet Group (LON:VNET) Seems To Use Debt Quite Sensibly
CPX
UK£0.0026
CAP-XX
7D
18.6%
1Y
93.2%
ONDO
UK£0.18
Ondo InsurTech
7D
9.1%
1Y
-53.8%
SPSY
UK£1.47
Spectra Systems
7D
-3.9%
1Y
-31.9%