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

UpdatedJan 26, 2026
DataAggregated Company Financials
Companies25
  • 7D1.7%
  • 3M4.7%
  • 1Y22.2%
  • YTD5.4%

The Electronic Equipment and Components industry is up 1.7% in the last week, with Halma up 1.2%. This takes the industry's 12 month performance to a gain of 22%. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the U.K. Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Jan 2026UK£19.6bUK£6.2bUK£353.9m23.3x55.3x3.1x
Wed, 24 Dec 2025UK£18.7bUK£6.2bUK£356.0m22.9x52.5x3x
Fri, 21 Nov 2025UK£22.8bUK£7.4bUK£361.9m23.8x62.9x3.1x
Sun, 19 Oct 2025UK£22.4bUK£7.4bUK£373.1m27.5x59.9x3x
Tue, 16 Sep 2025UK£21.7bUK£7.5bUK£426.9m26.9x50.8x2.9x
Thu, 14 Aug 2025UK£21.3bUK£7.5bUK£427.2m28.1x49.9x2.8x
Sat, 12 Jul 2025UK£21.1bUK£7.4bUK£602.2m29.8x35.1x2.8x
Mon, 09 Jun 2025UK£17.9bUK£7.3bUK£623.2m20.3x28.7x2.4x
Wed, 07 May 2025UK£16.9bUK£7.3bUK£630.2m18.4x26.8x2.3x
Fri, 04 Apr 2025UK£15.9bUK£7.4bUK£680.4m16x23.3x2.1x
Sun, 02 Mar 2025UK£18.2bUK£7.4bUK£680.8m20.2x26.8x2.5x
Tue, 28 Jan 2025UK£19.4bUK£7.4bUK£719.9m20.7x27x2.6x
Thu, 26 Dec 2024UK£18.3bUK£7.4bUK£720.1m21.6x25.4x2.5x
Sat, 23 Nov 2024UK£18.0bUK£7.5bUK£720.3m23.1x25x2.4x
Mon, 21 Oct 2024UK£17.5bUK£7.3bUK£708.0m24.2x24.7x2.4x
Wed, 18 Sep 2024UK£18.3bUK£7.3bUK£724.9m21.2x25.2x2.5x
Fri, 16 Aug 2024UK£18.6bUK£7.2bUK£722.8m24.6x25.7x2.6x
Sun, 14 Jul 2024UK£19.6bUK£7.4bUK£599.6m23.8x32.6x2.7x
Tue, 11 Jun 2024UK£18.5bUK£7.2bUK£578.9m24.9x31.9x2.6x
Thu, 09 May 2024UK£18.6bUK£7.2bUK£578.2m23x32.1x2.6x
Sat, 06 Apr 2024UK£17.7bUK£7.2bUK£559.9m21.8x31.6x2.5x
Mon, 04 Mar 2024UK£18.1bUK£7.2bUK£564.3m21.3x32x2.5x
Wed, 31 Jan 2024UK£17.5bUK£7.2bUK£571.6m22.9x30.7x2.4x
Fri, 29 Dec 2023UK£18.2bUK£7.2bUK£574.0m22.4x31.7x2.5x
Sun, 26 Nov 2023UK£16.7bUK£7.2bUK£570.1m21.2x29.3x2.3x
Tue, 24 Oct 2023UK£14.9bUK£7.1bUK£564.4m21.3x26.4x2.1x
Thu, 21 Sep 2023UK£17.0bUK£7.1bUK£567.7m22.9x30x2.4x
Sat, 19 Aug 2023UK£16.8bUK£7.1bUK£563.4m24.5x29.8x2.4x
Mon, 17 Jul 2023UK£18.5bUK£6.9bUK£536.7m25.2x34.5x2.7x
Wed, 14 Jun 2023UK£19.7bUK£6.6bUK£508.2m31.2x38.8x3x
Fri, 12 May 2023UK£19.4bUK£6.6bUK£507.6m27.2x38.2x2.9x
Sun, 09 Apr 2023UK£18.1bUK£6.6bUK£506.2m29.7x35.7x2.7x
Tue, 07 Mar 2023UK£18.5bUK£6.3bUK£530.9m28.6x34.8x2.9x
Thu, 02 Feb 2023UK£17.7bUK£6.3bUK£620.0m23.4x28.6x2.8x
Price to Earnings Ratio

28.6x


Total Market Cap: UK£17.7bTotal Earnings: UK£620.0mTotal Revenue: UK£6.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 33.9x202420252026
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 33.9x.
  • 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 Market-0.15%
Tech1.02%
Electronic Equipment and Components1.70%
Electronic Manufacturing Services7.74%
Electronic Equipment and Instruments1.76%
Technology Distributors-0.25%
Electronic Components-2.16%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio of 22.8x.
    • 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 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£36.381.2%
+UK£158.6m		28.1%PE39.6x
OXIG Oxford InstrumentsUK£25.057.1%
+UK£92.0m		21.6%PE89.5x
RSW RenishawUK£38.402.8%
+UK£76.4m		13.4%PE33.3x
GHH Gooch & HousegoUK£6.687.1%
+UK£12.0m		52.5%PE51.7x
MIDW Midwich GroupUK£1.883.9%
+UK£7.2m		-30.3%PE27.9x

Latest News

OXIG
UK£25.05
Oxford Instruments
7D
7.1%
1Y
21.6%

OXIG: Buyback And Dividend Actions Will Frame Balanced Risk Reward Outlook

Analysts have increased their fair value estimate for Oxford Instruments from £23.89 to £24.99 per share, reflecting updated assumptions on profit margins and P/E expectations that are consistent with recent price target changes from the Street. Analyst Commentary Recent Street research on Oxford Instruments points to a mix of optimism on the upside potential and caution around execution and valuation, which is reflected in the updated fair value estimate.
SNX
UK£2.25
Synectics
7D
8.4%
1Y
-28.6%
GHH
UK£6.68
Gooch & Housego
7D
7.1%
1Y
52.5%
RSW
UK£38.40
Renishaw
7D
2.8%
1Y
13.4%

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£36.38
Halma
7D
1.2%
1Y
28.1%

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.
SOLI
UK£1.63
Solid State
7D
-7.1%
1Y
12.1%

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

Jan 21
Solid State (LON:SOLI) Has Announced A Dividend Of £0.0092
MIDW
UK£1.88
Midwich Group
7D
3.9%
1Y
-30.3%
BIG
UK£1.02
Big Technologies
7D
1.5%
1Y
-19.8%

Big Technologies PLC's (LON:BIG) 37% Price Boost Is Out Of Tune With Revenues

Jan 20
Big Technologies PLC's (LON:BIG) 37% Price Boost Is Out Of Tune With Revenues
NWT
UK£1.08
Newmark Security
7D
-6.5%
1Y
45.3%
SEE
UK£0.048
Seeing Machines
7D
-4.5%
1Y
19.3%
KETL
UK£0.48
Strix Group
7D
-2.0%
1Y
3.8%
SDI
UK£0.82
SDI Group
7D
3.8%
1Y
54.7%

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
-6.1%
1Y
-16.4%
VNET
UK£0.66
Vianet Group
7D
-5.1%
1Y
-36.1%

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

Jan 03
Vianet Group (LON:VNET) Seems To Use Debt Quite Sensibly
SNT
UK£0.07
Sabien Technology Group
7D
-12.5%
1Y
-33.3%
LST
UK£0.042
Light Science Technologies Holdings
7D
-1.2%
1Y
78.7%

Light Science Technologies Holdings Plc (LON:LST) Soars 37% But It's A Story Of Risk Vs Reward

Nov 09
Light Science Technologies Holdings Plc (LON:LST) Soars 37% But It's A Story Of Risk Vs Reward