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

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies17
  • 7D2.4%
  • 3M12.7%
  • 1Y36.6%
  • YTDn/a

The Electronic Equipment and Instruments industry is up 2.4% in the last week, with Halma up 1.6%. This takes the industry's 12 month performance to a gain of 37%. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jun 2026UK£21.3bUK£4.1bUK£459.5m16.9x46.3x5.2x
Tue, 19 May 2026UK£23.0bUK£4.0bUK£406.2m15.5x56.6x5.8x
Thu, 16 Apr 2026UK£21.0bUK£4.0bUK£406.8m17.7x51.5x5.3x
Sat, 14 Mar 2026UK£19.6bUK£4.0bUK£395.9m17.4x49.5x4.9x
Mon, 09 Feb 2026UK£18.3bUK£4.0bUK£406.5m18.1x45x4.6x
Wed, 07 Jan 2026UK£18.3bUK£4.0bUK£404.9m18.6x45.3x4.6x
Fri, 05 Dec 2025UK£22.3bUK£5.3bUK£461.8m19.8x48.3x4.2x
Sun, 02 Nov 2025UK£21.9bUK£5.2bUK£427.1m22x51.4x4.2x
Tue, 30 Sep 2025UK£21.3bUK£5.2bUK£457.7m24.7x46.6x4.1x
Thu, 28 Aug 2025UK£20.7bUK£5.2bUK£460.5m27.6x44.9x4x
Sat, 26 Jul 2025UK£20.4bUK£5.1bUK£635.6m24.6x32.1x4x
Mon, 23 Jun 2025UK£19.0bUK£5.1bUK£634.8m23x29.9x3.7x
Wed, 21 May 2025UK£17.1bUK£5.0bUK£661.6m20.4x25.9x3.4x
Fri, 18 Apr 2025UK£15.3bUK£5.0bUK£661.8m17.1x23.1x3x
Sun, 16 Mar 2025UK£16.8bUK£5.0bUK£660.7m19.6x25.4x3.3x
Tue, 11 Feb 2025UK£18.8bUK£5.0bUK£699.4m21.8x26.8x3.7x
Thu, 09 Jan 2025UK£17.3bUK£5.0bUK£699.8m22.2x24.7x3.4x
Sat, 07 Dec 2024UK£17.5bUK£5.0bUK£699.9m23.2x25.1x3.5x
Mon, 04 Nov 2024UK£16.5bUK£4.9bUK£684.5m24.8x24.1x3.4x
Wed, 02 Oct 2024UK£17.3bUK£4.9bUK£688.8m25.6x25.2x3.6x
Fri, 30 Aug 2024UK£17.6bUK£4.8bUK£687.9m26.5x25.6x3.6x
Sun, 28 Jul 2024UK£17.8bUK£4.9bUK£558.3m27.4x31.9x3.6x
Tue, 25 Jun 2024UK£18.3bUK£4.9bUK£557.9m28.4x32.8x3.7x
Thu, 23 May 2024UK£17.3bUK£4.8bUK£535.9m26.4x32.4x3.6x
Sat, 20 Apr 2024UK£16.1bUK£4.8bUK£516.9m21.9x31.1x3.4x
Mon, 18 Mar 2024UK£16.4bUK£4.8bUK£531.0m23x30.8x3.4x
Wed, 14 Feb 2024UK£16.4bUK£4.8bUK£521.9m30.8x31.4x3.4x
Fri, 12 Jan 2024UK£16.1bUK£4.8bUK£542.2m24x29.7x3.4x
Sun, 10 Dec 2023UK£16.0bUK£4.8bUK£542.2m23.5x29.5x3.3x
Tue, 07 Nov 2023UK£14.1bUK£4.7bUK£538.9m22.3x26.2x3x
Thu, 05 Oct 2023UK£14.9bUK£4.7bUK£541.4m23.1x27.6x3.2x
Sat, 02 Sep 2023UK£15.9bUK£4.7bUK£538.4m26.2x29.6x3.4x
Mon, 31 Jul 2023UK£16.9bUK£4.6bUK£519.3m27.7x32.6x3.7x
Wed, 28 Jun 2023UK£17.2bUK£4.6bUK£518.6m29.5x33.1x3.8x
Price to Earnings Ratio

33.1x


Total Market Cap: UK£17.2bTotal Earnings: UK£518.6mTotal Revenue: UK£4.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Instruments Industry Price to Earnings3Y Average 34.4x202420252026
Current Industry PE
  • Investors are optimistic on the British Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 46.3x which is higher than its 3-year average PE of 34.4x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
  • The earnings for companies in the Electronic Equipment and Instruments industry have declined 4.0% per year over the last three years,
  • Revenues have also declined 3.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.K. Electronic Equipment and Instruments compare with similar industries?

GB Market-1.30%
Tech1.41%
Electronic Equipment and Components2.32%
Electronic Equipment and Instruments2.44%
Technology Distributors4.02%
Electronic Components0.88%
Electronic Manufacturing Services-5.65%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HLMA HalmaUK£39.601.6%
+UK£234.1m		27.0%PE40.2x
RSW RenishawUK£52.153.7%
+UK£134.6m		88.6%PE51.2x
OXIG Oxford InstrumentsUK£30.706.7%
+UK£106.0m		71.1%PE38.1x
SEE Seeing MachinesUK£0.04816.0%
+UK£31.8m		85.2%PS5.1x
SPSY Spectra SystemsUK£1.905.3%
+UK£4.6m		-18.1%PE6.1x

Latest News

SEE
UK£0.048
Seeing Machines
7D
16.0%
1Y
85.2%
HLMA
UK£39.60
Halma
7D
1.6%
1Y
27.0%
Narrative Update • Jun 17

HLMA: Post Selloff Repricing Will Likely Support Future Share Price

Halma's analyst price target has been revised higher to £43.76 from £41.69, with analysts pointing to valuation support after the recent selloff and the removal of what they describe as a "photonics premium" on the shares. Analyst Commentary Recent research on Halma highlights a split between analysts who see the recent share price pullback as an opportunity and those who remain more neutral, focusing on execution and valuation risk.
VNET
UK£0.66
Vianet Group
7D
-2.2%
1Y
-30.5%
OXIG
UK£30.70
Oxford Instruments
7D
6.7%
1Y
71.1%
Narrative Update • Jun 15

OXIG: Higher P/E Framework And Execution Confidence Will Drive Future Repricing

Oxford Instruments' analyst fair value estimate has been updated from £30.00 to £34.50. This reflects higher Street price targets around £30.00 to £34.50 as analysts factor in revised growth and profitability expectations alongside richer P/E assumptions.
THRU
UK£0.007
Thruvision Group
7D
-3.4%
1Y
-17.6%
SNX
UK£2.00
Synectics
7D
1.3%
1Y
-37.0%
SPSY
UK£1.90
Spectra Systems
7D
5.3%
1Y
-18.1%
RSW
UK£52.15
Renishaw
7D
3.7%
1Y
88.6%
Narrative Update • Jun 05

RSW: Higher 2026 Guidance And Margins Are Expected To Support Future P/E Re-Rating

Renishaw's analyst price target has been lifted by £2.10 per share, as analysts cite updated assumptions on discount rates, revenue growth, profit margins and future P/E as supporting factors for the new valuation view. What's in the News Renishaw reaffirmed earnings guidance for 2026, with full year revenue expected in a range of £775 million to £805 million.
BIG
UK£1.02
Big Technologies
7D
-1.5%
1Y
13.8%
ONDO
UK£0.029
Ondo InsurTech
7D
-1.7%
1Y
-86.7%
SDI
UK£0.85
SDI Group
7D
1.9%
1Y
0.7%
LST
UK£0.018
Light Science Technologies Holdings
7D
-7.7%
1Y
-50.0%
WPHO
UK£0.27
Windar Photonics
7D
-1.9%
1Y
-55.1%
QUBE
UK£0.21
Quantum Base Holdings
7D
2.4%
1Y
-17.3%
SNT
UK£0.033
Sabien Technology Group
7D
-13.3%
1Y
-59.4%