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

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies25
  • 7D6.4%
  • 3M14.0%
  • 1Y32.4%
  • YTD14.6%

Over the last 7 days, the Electronic Equipment and Components industry has risen 6.4%, driven by gains from Halma of 7.9%. During this same period, the Seeing Machines underperformed, falling 16%. In the last 12 months, the industry was up 32%. 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
Fri, 20 Feb 2026UK£21.1bUK£6.3bUK£345.4m25.5x61x3.4x
Sun, 18 Jan 2026UK£19.8bUK£6.2bUK£353.8m23.4x55.9x3.2x
Tue, 16 Dec 2025UK£18.5bUK£6.2bUK£355.9m22.7x52x3x
Thu, 13 Nov 2025UK£22.4bUK£7.4bUK£361.9m24.3x61.9x3x
Sat, 11 Oct 2025UK£22.7bUK£7.4bUK£373.0m28.7x60.8x3.1x
Mon, 08 Sep 2025UK£21.4bUK£7.5bUK£428.1m27.2x49.9x2.9x
Wed, 06 Aug 2025UK£21.3bUK£7.4bUK£602.7m25.3x35.3x2.9x
Fri, 04 Jul 2025UK£21.0bUK£7.4bUK£605.9m24.7x34.6x2.8x
Sun, 01 Jun 2025UK£17.5bUK£7.3bUK£621.2m19.7x28.1x2.4x
Tue, 29 Apr 2025UK£16.3bUK£7.3bUK£635.5m17.1x25.6x2.2x
Thu, 27 Mar 2025UK£16.8bUK£7.4bUK£676.0m17.4x24.8x2.3x
Sat, 22 Feb 2025UK£19.0bUK£7.4bUK£721.4m21x26.3x2.6x
Mon, 20 Jan 2025UK£18.7bUK£7.4bUK£719.4m21.7x26x2.5x
Wed, 18 Dec 2024UK£18.5bUK£7.4bUK£719.1m22.6x25.7x2.5x
Fri, 15 Nov 2024UK£17.6bUK£7.4bUK£703.6m22.3x25x2.4x
Sun, 13 Oct 2024UK£17.6bUK£7.3bUK£708.0m23.1x24.8x2.4x
Tue, 10 Sep 2024UK£18.0bUK£7.3bUK£721.4m17.8x24.9x2.5x
Thu, 08 Aug 2024UK£18.2bUK£7.3bUK£728.4m25.9x25x2.5x
Sat, 06 Jul 2024UK£19.3bUK£7.4bUK£597.4m23.4x32.3x2.6x
Mon, 03 Jun 2024UK£18.2bUK£7.2bUK£578.9m26.2x31.4x2.5x
Wed, 01 May 2024UK£17.7bUK£7.2bUK£559.7m21.8x31.6x2.5x
Fri, 29 Mar 2024UK£18.2bUK£7.2bUK£559.9m21.8x32.6x2.5x
Sun, 25 Feb 2024UK£18.6bUK£7.2bUK£555.4m27.1x33.5x2.6x
Tue, 23 Jan 2024UK£17.4bUK£7.2bUK£572.2m22.6x30.5x2.4x
Thu, 21 Dec 2023UK£18.4bUK£7.2bUK£574.0m23x32.1x2.6x
Sat, 18 Nov 2023UK£16.4bUK£7.2bUK£569.7m21.1x28.7x2.3x
Mon, 16 Oct 2023UK£15.7bUK£7.1bUK£566.8m21.2x27.6x2.2x
Wed, 13 Sep 2023UK£17.3bUK£7.1bUK£567.5m22.6x30.5x2.4x
Fri, 11 Aug 2023UK£17.6bUK£7.0bUK£567.9m23.5x31x2.5x
Sun, 09 Jul 2023UK£17.8bUK£6.9bUK£536.4m27.9x33.1x2.6x
Tue, 06 Jun 2023UK£19.5bUK£6.6bUK£507.2m29.6x38.5x3x
Thu, 04 May 2023UK£18.9bUK£6.6bUK£507.6m27.6x37.2x2.9x
Sat, 01 Apr 2023UK£18.6bUK£6.6bUK£506.0m28.9x36.7x2.8x
Mon, 27 Feb 2023UK£18.2bUK£6.3bUK£531.3m29x34.3x2.9x
Price to Earnings Ratio

34.3x


Total Market Cap: UK£18.2bTotal Earnings: UK£531.3mTotal Revenue: UK£6.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 34.5x202420252026
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 61.6x which is higher than its 3-year average PE of 34.5x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 13% 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 Market1.85%
Tech2.87%
Electronic Equipment and Components6.36%
Technology Distributors6.82%
Electronic Equipment and Instruments6.59%
Electronic Manufacturing Services-0.27%
Electronic Components-0.35%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio of 23.8x.
    • 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 66% 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£39.244.9%
+UK£687.3m		33.7%PE42.7x
RSW RenishawUK£42.855.5%
+UK£163.7m		40.0%PE42x
OXIG Oxford InstrumentsUK£26.151.9%
+UK£27.6m		29.1%PE93.1x
MIDW Midwich GroupUK£2.173.3%
+UK£7.2m		-14.6%PE32.2x
BIG Big TechnologiesUK£1.081.4%
+UK£4.3m		-0.9%PS6.4x

Latest News

KETL
UK£0.50
Strix Group
7D
-0.2%
1Y
0.3%
SDI
UK£0.82
SDI Group
7D
1.2%
1Y
34.4%
RSW
UK£42.85
Renishaw
7D
5.5%
1Y
40.0%

Renishaw (LON:RSW) Has Affirmed Its Dividend Of £0.168

Feb 14
Renishaw (LON:RSW) Has Affirmed Its Dividend Of £0.168
HLMA
UK£39.24
Halma
7D
4.9%
1Y
33.7%

Halma (LON:HLMA) Has Some Way To Go To Become A Multi-Bagger

Feb 10
Halma (LON:HLMA) Has Some Way To Go To Become A Multi-Bagger
CPX
UK£0.0024
CAP-XX
7D
-4.0%
1Y
84.6%
OXIG
UK£26.15
Oxford Instruments
7D
1.9%
1Y
29.1%

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.
BIG
UK£1.08
Big Technologies
7D
1.4%
1Y
-0.9%
MIDW
UK£2.17
Midwich Group
7D
3.3%
1Y
-14.6%

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)
GHH
UK£7.40
Gooch & Housego
7D
-1.3%
1Y
67.4%
LST
UK£0.037
Light Science Technologies Holdings
7D
4.2%
1Y
19.4%

Positive Sentiment Still Eludes Light Science Technologies Holdings Plc (LON:LST) Following 26% Share Price Slump

Feb 04
Positive Sentiment Still Eludes Light Science Technologies Holdings Plc (LON:LST) Following 26% Share Price Slump
SEE
UK£0.034
Seeing Machines
7D
-20.5%
1Y
-11.0%

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£2.33
Synectics
7D
-4.5%
1Y
-34.4%
SOLI
UK£1.65
Solid State
7D
3.1%
1Y
6.5%

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

Jan 21
Solid State (LON:SOLI) Has Announced A Dividend Of £0.0092
TTG
UK£1.28
TT Electronics
7D
-0.5%
1Y
54.7%
WPHO
UK£0.42
Windar Photonics
7D
-2.3%
1Y
-12.4%
SPSY
UK£1.39
Spectra Systems
7D
-2.8%
1Y
-35.6%