Is It Too Late To Consider Buying Renishaw plc (LON:RSW)?
Renishaw plc ( LON:RSW ), might not be a large cap stock, but it saw significant share price movement during recent...
U.K. (FTSE) Electronic Equipment and Components Industry Analysis
UpdatedDec 02, 2021
DataAggregated Company Financials
Companies28
- 7D0.6%
- 3M-7.8%
- 1Y18.4%
- YTD9.7%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat. The past year has been better, since the industry has gained 18% in that time.
Industry Valuation and Performance
Has the U.K. Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 05 Dec 2021 | UK£22.8b | UK£5.5b | UK£674.3m | 30.7x |
| Tue, 02 Nov 2021 | UK£24.8b | UK£5.4b | UK£604.2m | 32.4x |
| Thu, 30 Sep 2021 | UK£23.0b | UK£5.3b | UK£535.8m | 35.5x |
| Sat, 28 Aug 2021 | UK£24.4b | UK£5.3b | UK£536.2m | 40x |
| Sun, 04 Jul 2021 | UK£21.8b | UK£5.3b | UK£536.2m | 43.1x |
| Wed, 07 Apr 2021 | UK£21.3b | UK£5.3b | UK£403.0m | 43.4x |
| Sat, 09 Jan 2021 | UK£20.3b | UK£5.2b | UK£254.1m | 36.6x |
| Fri, 02 Oct 2020 | UK£18.7b | UK£5.2b | UK£340.4m | 26.9x |
| Mon, 06 Jul 2020 | UK£16.8b | UK£5.2b | UK£424.4m | 23.9x |
| Thu, 09 Apr 2020 | UK£14.4b | UK£5.4b | UK£479.6m | 19x |
| Wed, 01 Jan 2020 | UK£16.8b | UK£5.5b | UK£526.0m | 16.2x |
| Sat, 05 Oct 2019 | UK£15.4b | UK£5.4b | UK£446.2m | 20.1x |
| Tue, 09 Jul 2019 | UK£16.5b | UK£5.4b | UK£360.5m | 22.5x |
| Mon, 01 Apr 2019 | UK£14.1b | UK£5.3b | UK£438.2m | 23.1x |
| Thu, 03 Jan 2019 | UK£12.9b | UK£5.2b | UK£517.1m | 18x |
PE Ratio
18x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 27.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Electronic industry have grown 9.2% per year over the last three years, and revenues for these companies have grown 2.1% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.K. Electronic Equipment and Components industry?
| Technology Distributors | 2.46% | |
| Electronic Manufacturing Services | 2.23% | |
| Electronic Components | 1.78% | |
| Electronic Equipment and Instruments | 0.47% | |
Industry PE: Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio of 50.6x. This is likely because analysts are expecting annual earnings growth of 32%, which is higher than its past year's earnings decline of 69% per year. Meanwhile, investors are most pessimistic about the Electronic Equipment and Instruments industry, which is trading close to its 3-year average of 24.7x.
Forecasted Growth: Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 32% over the next 5 years. This is better than its past earnings decline of 10.0% per year. Meanwhile, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 5.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| HLMA Halma | 1.1%+UK£121.2m | 32.7% | PE43.4x | |
| OXIG Oxford Instruments | 3.1%+UK£40.4m | 22.3% | PE31.8x | |
| SDI SDI Group | 12.0%+UK£22.8m | 115.1% | PE45x | |
| MIDW Midwich Group | 2.6%+UK£14.1m | 42.2% | PE171.2x | |
| TTG TT Electronics | 3.3%+UK£13.8m | 11.8% | PE40.3x |
