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

UpdatedMay 05, 2026
DataAggregated Company Financials
Companies17
  • 7D2.6%
  • 3M26.6%
  • 1Y63.4%
  • YTDn/a

The Electronic Equipment and Instruments industry is up 2.6% in the last week, with Halma up 2.4%. This takes the industry's 12 month performance to a gain of 63%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 06 May 2026UK£22.9bUK£4.0bUK£405.8m17x56.6x5.8x
Fri, 03 Apr 2026UK£19.4bUK£4.0bUK£406.7m15.8x47.6x4.9x
Sun, 01 Mar 2026UK£21.2bUK£4.0bUK£396.7m18.2x53.4x5.3x
Tue, 27 Jan 2026UK£18.7bUK£4.0bUK£405.4m17.9x46.2x4.7x
Thu, 25 Dec 2025UK£17.9bUK£4.0bUK£404.9m18.3x44.3x4.5x
Sat, 22 Nov 2025UK£21.7bUK£5.3bUK£461.6m20.8x47x4.1x
Mon, 20 Oct 2025UK£21.7bUK£5.2bUK£428.6m22.4x50.5x4.2x
Wed, 17 Sep 2025UK£20.7bUK£5.2bUK£469.4m26.2x44.1x4x
Fri, 15 Aug 2025UK£20.3bUK£5.2bUK£460.6m28.3x44.1x3.9x
Sun, 13 Jul 2025UK£20.2bUK£5.1bUK£635.6m24.9x31.8x3.9x
Tue, 10 Jun 2025UK£18.6bUK£5.0bUK£651.7m20.9x28.6x3.7x
Thu, 08 May 2025UK£16.1bUK£5.0bUK£661.8m17x24.4x3.2x
Sat, 05 Apr 2025UK£14.8bUK£5.0bUK£664.6m15x22.2x2.9x
Mon, 03 Mar 2025UK£17.5bUK£5.0bUK£660.0m21.2x26.6x3.5x
Wed, 29 Jan 2025UK£18.3bUK£5.0bUK£699.9m22.3x26.1x3.6x
Fri, 27 Dec 2024UK£17.5bUK£5.0bUK£700.0m22.5x25x3.5x
Sun, 24 Nov 2024UK£17.2bUK£5.0bUK£699.2m23.2x24.5x3.4x
Tue, 22 Oct 2024UK£16.5bUK£4.9bUK£686.0m24.3x24.1x3.4x
Thu, 19 Sep 2024UK£16.9bUK£4.9bUK£690.6m24.2x24.5x3.5x
Sat, 17 Aug 2024UK£17.4bUK£4.8bUK£687.6m26.3x25.3x3.6x
Mon, 15 Jul 2024UK£18.4bUK£4.9bUK£558.4m28.4x32.9x3.7x
Wed, 12 Jun 2024UK£17.2bUK£4.8bUK£536.0m26.9x32.1x3.6x
Fri, 10 May 2024UK£17.2bUK£4.8bUK£535.6m23.2x32.1x3.6x
Sun, 07 Apr 2024UK£16.5bUK£4.8bUK£517.2m22.1x32x3.5x
Tue, 05 Mar 2024UK£17.0bUK£4.8bUK£531.0m23.4x32.1x3.6x
Thu, 01 Feb 2024UK£16.4bUK£4.8bUK£540.9m27.2x30.3x3.4x
Sat, 30 Dec 2023UK£16.9bUK£4.8bUK£542.3m25.1x31.2x3.5x
Mon, 27 Nov 2023UK£15.6bUK£4.8bUK£544.5m23x28.6x3.3x
Wed, 25 Oct 2023UK£13.8bUK£4.7bUK£538.9m21.8x25.7x2.9x
Fri, 22 Sep 2023UK£15.6bUK£4.7bUK£538.4m26.2x28.9x3.3x
Sun, 20 Aug 2023UK£15.5bUK£4.7bUK£538.0m26.4x28.8x3.3x
Tue, 18 Jul 2023UK£17.1bUK£4.6bUK£519.0m28.9x32.9x3.7x
Thu, 15 Jun 2023UK£18.2bUK£4.4bUK£508.0m27.8x35.9x4.1x
Sat, 13 May 2023UK£18.1bUK£4.3bUK£494.9m30.9x36.6x4.2x
Price to Earnings Ratio

36.6x


Total Market Cap: UK£18.1bTotal Earnings: UK£494.9mTotal Revenue: UK£4.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Instruments Industry Price to Earnings3Y Average 33.6x202420252026
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 56.6x which is higher than its 3-year average PE of 33.6x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Electronic Equipment and Instruments industry have declined 6.4% per year over the last three years,
  • Revenues have also declined 2.8% 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 Market0.37%
Tech1.88%
Electronic Equipment and Components2.54%
Electronic Equipment and Instruments2.60%
Electronic Manufacturing Services8.17%
Technology Distributors-1.19%
Electronic Components-2.40%
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£45.142.1%
+UK£351.2m		58.8%PE49.1x
RSW RenishawUK£48.545.2%
+UK£173.2m		111.0%PE47.6x
OXIG Oxford InstrumentsUK£29.143.4%
+UK£53.1m		71.4%PE102.6x
SEE Seeing MachinesUK£0.04127.4%
+UK£42.5m		97.1%PS4.5x
LST Light Science Technologies HoldingsUK£0.01820.0%
+UK£3.0m		-53.8%PS2.1x

Latest News

RSW
UK£48.54
Renishaw
7D
5.2%
1Y
111.0%

RSW: Updated Earnings Guidance And P/E Assumptions Will Shape Longer Term Multiple

Analysts have lifted their fair value estimate for Renishaw from £47.50 to £50.00, citing updated assumptions on revenue growth, profit margins, and a slightly adjusted P/E multiple, consistent with recent Street research that includes a £2.10 increase in the bank price target. Analyst Commentary Recent Street research points to a more constructive tone around Renishaw, with bullish analysts reflecting this in higher valuation markers and refreshed assumptions in their models.
SEE
UK£0.041
Seeing Machines
7D
27.4%
1Y
97.1%
LST
UK£0.018
Light Science Technologies Holdings
7D
20.0%
1Y
-53.8%
HLMA
UK£45.14
Halma
7D
2.1%
1Y
58.8%

HLMA: Higher Assumptions And Neutral Stance Will Support Premium Future P/E

Halma's analyst price target has been adjusted from £40.00 to £41.50. Analysts link this shift to updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E.
ONDO
UK£0.038
Ondo InsurTech
7D
6.2%
1Y
-85.9%
SNX
UK£2.03
Synectics
7D
-1.2%
1Y
-37.7%
OXIG
UK£29.14
Oxford Instruments
7D
3.4%
1Y
71.4%

OXIG: Rebased P/E Assumptions And Margin Outlook Will Guide Future Repricing

Analysts have lifted their price target on Oxford Instruments by £2.20 to reflect updated assumptions around slightly higher profit margins, a modestly adjusted discount rate, and a lower forward P/E multiple, informed by recent Jefferies and JPMorgan research. Analyst Commentary Recent Street research on Oxford Instruments points to supportive sentiment around the shares, with bullish analysts revisiting their valuation work and adjusting price targets higher.
WPHO
UK£0.29
Windar Photonics
7D
-1.7%
1Y
-33.7%
QUBE
UK£0.24
Quantum Base Holdings
7D
4.3%
1Y
-12.7%
SPSY
UK£1.50
Spectra Systems
7D
-1.3%
1Y
-24.2%

Impressive Earnings May Not Tell The Whole Story For Spectra Systems (LON:SPSY)

Apr 06
Impressive Earnings May Not Tell The Whole Story For Spectra Systems (LON:SPSY)
BIG
UK£1.03
Big Technologies
7D
-0.5%
1Y
28.1%
SDI
UK£0.78
SDI Group
7D
-1.9%
1Y
38.4%
IGE
UK£0.018
Image Scan Holdings
7D
15.6%
1Y
0%