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

UpdatedJan 09, 2026
DataAggregated Company Financials
Companies25
  • 7D2.7%
  • 3M3.6%
  • 1Y22.5%
  • YTD3.1%

The Electronic Equipment and Components industry is up 2.7% in the last week, with Halma up 4.7%. In the same time, Seeing Machines was down 7.5%. This means that the industry has gained 22% over the past year. As for the next few years, earnings are expected to grow by 15% 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, 09 Jan 2026UK£19.2bUK£6.2bUK£353.4m23.4x54.2x3.1x
Sun, 07 Dec 2025UK£19.2bUK£6.2bUK£355.3m22.7x53.9x3.1x
Tue, 04 Nov 2025UK£22.7bUK£7.4bUK£371.9m25.3x61.1x3.1x
Thu, 02 Oct 2025UK£22.5bUK£7.4bUK£405.8m30.6x55.4x3x
Sat, 30 Aug 2025UK£21.5bUK£7.5bUK£427.2m26.9x50.3x2.9x
Mon, 28 Jul 2025UK£21.2bUK£7.4bUK£602.3m28.6x35.2x2.8x
Wed, 25 Jun 2025UK£20.4bUK£7.4bUK£606.6m23.6x33.7x2.7x
Fri, 23 May 2025UK£17.6bUK£7.3bUK£631.3m20x27.8x2.4x
Sun, 20 Apr 2025UK£15.9bUK£7.3bUK£635.4m16.4x25.1x2.2x
Tue, 18 Mar 2025UK£17.4bUK£7.4bUK£681.6m19.6x25.5x2.3x
Thu, 13 Feb 2025UK£19.5bUK£7.4bUK£719.5m19.7x27.1x2.6x
Sat, 11 Jan 2025UK£18.1bUK£7.4bUK£719.5m21.7x25.1x2.4x
Mon, 09 Dec 2024UK£18.4bUK£7.5bUK£723.4m22.2x25.4x2.5x
Wed, 06 Nov 2024UK£17.3bUK£7.3bUK£707.0m21.9x24.5x2.4x
Fri, 04 Oct 2024UK£18.0bUK£7.3bUK£710.3m23.4x25.4x2.5x
Sun, 01 Sep 2024UK£18.7bUK£7.2bUK£725.8m17.9x25.8x2.6x
Tue, 30 Jul 2024UK£18.7bUK£7.4bUK£599.5m26.8x31.2x2.5x
Thu, 27 Jun 2024UK£19.1bUK£7.4bUK£597.9m25.2x32x2.6x
Sat, 25 May 2024UK£18.6bUK£7.2bUK£578.9m24.7x32.2x2.6x
Mon, 22 Apr 2024UK£17.2bUK£7.2bUK£559.5m21.8x30.8x2.4x
Wed, 20 Mar 2024UK£17.6bUK£7.1bUK£551.0m21.9x31.9x2.5x
Fri, 16 Feb 2024UK£17.8bUK£7.2bUK£555.3m26.4x32x2.5x
Sun, 14 Jan 2024UK£17.5bUK£7.2bUK£573.0m22x30.6x2.4x
Tue, 12 Dec 2023UK£17.3bUK£7.2bUK£574.0m24.1x30.1x2.4x
Thu, 09 Nov 2023UK£15.4bUK£7.1bUK£567.4m20.2x27.2x2.2x
Sat, 07 Oct 2023UK£16.2bUK£7.1bUK£566.9m21.6x28.5x2.3x
Mon, 04 Sep 2023UK£17.2bUK£7.1bUK£563.7m24.8x30.5x2.4x
Wed, 02 Aug 2023UK£18.0bUK£7.0bUK£560.1m24.3x32.1x2.6x
Fri, 30 Jun 2023UK£18.4bUK£6.8bUK£533.7m29.6x34.5x2.7x
Sun, 28 May 2023UK£19.0bUK£6.6bUK£505.2m28.4x37.7x2.9x
Tue, 25 Apr 2023UK£18.6bUK£6.6bUK£507.2m27x36.6x2.8x
Thu, 23 Mar 2023UK£17.8bUK£6.6bUK£510.7m26.7x34.9x2.7x
Sat, 18 Feb 2023UK£18.2bUK£6.3bUK£615.7m24.8x29.5x2.9x
Mon, 16 Jan 2023UK£17.5bUK£6.3bUK£619.3m25.7x28.3x2.8x
Price to Earnings Ratio

28.3x


Total Market Cap: UK£17.5bTotal Earnings: UK£619.3mTotal Revenue: UK£6.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 33.5x202420252026
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 54.2x which is higher than its 3-year average PE of 33.5x.
  • 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 Market1.28%
Tech1.95%
Electronic Equipment and Components2.71%
Electronic Equipment and Instruments2.79%
Electronic Manufacturing Services2.33%
Electronic Components0.84%
Technology Distributors-0.91%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio of 22.2x.
    • 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 70% 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£36.664.7%
+UK£626.8m		36.2%PE39.9x
RSW RenishawUK£37.104.5%
+UK£116.4m		12.9%PE32.2x
OXIG Oxford InstrumentsUK£21.102.7%
+UK£30.5m		6.1%PE75.4x
SOLI Solid StateUK£1.759.4%
+UK£8.5m		9.4%PE40.9x
BIG Big TechnologiesUK£0.783.5%
+UK£7.5m		-39.8%PS4.6x

Latest News

GHH
UK£6.16
Gooch & Housego
7D
-0.3%
1Y
35.7%
SOLI
UK£1.75
Solid State
7D
9.4%
1Y
9.4%
RSW
UK£37.10
Renishaw
7D
4.5%
1Y
12.9%

RSW: Higher Margin Assumptions Will Likely Leave Shares Looking Overstretched

Analysts have raised their price target on Renishaw from £23.80 to £27.70, citing updated assumptions around profit margins and long term fair value as the key drivers of the change. What's in the News Singular Photonics highlighted progress in its collaboration with Renishaw, focused on next generation spectroscopy capabilities using single photon avalanche diode image sensors (Key Developments).
TTG
UK£1.12
TT Electronics
7D
-5.1%
1Y
18.9%
HLMA
UK£36.66
Halma
7D
4.7%
1Y
36.2%

HLMA: Slightly Higher Fair Value Will Likely Support Premium Multiple

Analysts have nudged their price target for Halma slightly higher to £37.33 from £37.11, citing updated assumptions around modestly stronger revenue growth, slightly higher profit margins and a marginally lower future P/E multiple. Valuation Changes Fair Value: Revised slightly higher from £37.11 to £37.33 per share.
KETL
UK£0.48
Strix Group
7D
4.3%
1Y
1.0%
SDI
UK£0.75
SDI Group
7D
-5.1%
1Y
41.0%

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
SEE
UK£0.057
Seeing Machines
7D
-7.5%
1Y
42.0%
WPHO
UK£0.49
Windar Photonics
7D
12.6%
1Y
-14.8%
VNET
UK£0.69
Vianet Group
7D
-5.5%
1Y
-38.9%

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

Jan 03
Vianet Group (LON:VNET) Seems To Use Debt Quite Sensibly
OXIG
UK£21.10
Oxford Instruments
7D
2.7%
1Y
6.1%

OXIG: Share Buybacks And Execution Risks Will Shape Future Return Balance

Oxford Instruments' analyst price target has been trimmed modestly to around £23 per share from approximately £25, as analysts factor in slightly softer growth expectations but stronger margins. This is reflected in a series of recent target reductions while broadly maintaining positive ratings.
SNX
UK£2.15
Synectics
7D
-3.4%
1Y
-40.3%
ONDO
UK£0.20
Ondo InsurTech
7D
-8.4%
1Y
-45.3%
BIG
UK£0.78
Big Technologies
7D
3.5%
1Y
-39.8%
MIDW
UK£1.81
Midwich Group
7D
-1.6%
1Y
-35.6%

Midwich Group (LON:MIDW) Might Be Having Difficulty Using Its Capital Effectively

Dec 03
Midwich Group (LON:MIDW) Might Be Having Difficulty Using Its Capital Effectively
SPSY
UK£1.55
Spectra Systems
7D
1.6%
1Y
-35.7%