Narrative Update • Jul 24

The Electronic Equipment and Instruments industry is up 4.6% in the last week, with Halma up 11%. This takes the industry's 12 month performance to a gain of 25%. As for the next few years, earnings are expected to grow by 15% per annum.
Has the U.K. Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 06 Aug 2026 | UK£20.5b | UK£4.1b | UK£461.1m | 19x | 44.5x | 5x |
| Sat, 04 Jul 2026 | UK£21.4b | UK£4.1b | UK£460.4m | 17.5x | 46.4x | 5.2x |
| Mon, 01 Jun 2026 | UK£24.2b | UK£4.0b | UK£406.2m | 15.9x | 59.6x | 6.1x |
| Wed, 29 Apr 2026 | UK£22.4b | UK£4.0b | UK£405.7m | 16.9x | 55.1x | 5.6x |
| Fri, 27 Mar 2026 | UK£19.0b | UK£4.0b | UK£395.9m | 15.8x | 48.1x | 4.8x |
| Sun, 22 Feb 2026 | UK£20.2b | UK£4.0b | UK£396.8m | 18.3x | 51x | 5.1x |
| Tue, 20 Jan 2026 | UK£18.5b | UK£4.0b | UK£405.2m | 18.2x | 45.6x | 4.7x |
| Thu, 18 Dec 2025 | UK£17.6b | UK£4.0b | UK£404.8m | 17x | 43.5x | 4.4x |
| Sat, 15 Nov 2025 | UK£21.2b | UK£5.1b | UK£411.0m | 20.5x | 51.5x | 4.1x |
| Mon, 13 Oct 2025 | UK£21.9b | UK£5.2b | UK£428.5m | 22.8x | 51.2x | 4.2x |
| Wed, 10 Sep 2025 | UK£20.7b | UK£5.2b | UK£461.4m | 26.8x | 44.8x | 4x |
| Fri, 08 Aug 2025 | UK£20.7b | UK£5.1b | UK£636.1m | 22.4x | 32.6x | 4x |
| Sun, 06 Jul 2025 | UK£20.2b | UK£5.1b | UK£634.4m | 24.5x | 31.8x | 3.9x |
| Tue, 03 Jun 2025 | UK£16.8b | UK£5.0b | UK£651.7m | 19.7x | 25.7x | 3.3x |
| Thu, 01 May 2025 | UK£15.7b | UK£5.0b | UK£661.8m | 17.7x | 23.8x | 3.1x |
| Sat, 29 Mar 2025 | UK£15.9b | UK£5.0b | UK£663.2m | 17.4x | 24x | 3.2x |
| Mon, 24 Feb 2025 | UK£18.2b | UK£5.1b | UK£700.6m | 21.6x | 26x | 3.6x |
| Wed, 22 Jan 2025 | UK£18.0b | UK£5.0b | UK£699.7m | 23.1x | 25.7x | 3.6x |
| Fri, 20 Dec 2024 | UK£17.4b | UK£5.0b | UK£698.8m | 22.4x | 25x | 3.5x |
| Sun, 17 Nov 2024 | UK£16.5b | UK£4.9b | UK£681.5m | 23.3x | 24.2x | 3.3x |
| Tue, 15 Oct 2024 | UK£16.7b | UK£4.9b | UK£686.1m | 25.2x | 24.3x | 3.4x |
| Thu, 12 Sep 2024 | UK£16.8b | UK£4.8b | UK£690.7m | 24.5x | 24.4x | 3.5x |
| Sat, 10 Aug 2024 | UK£17.2b | UK£4.8b | UK£687.3m | 26.2x | 25x | 3.6x |
| Mon, 08 Jul 2024 | UK£18.1b | UK£4.9b | UK£557.3m | 27.4x | 32.5x | 3.7x |
| Wed, 05 Jun 2024 | UK£17.2b | UK£4.8b | UK£536.0m | 27.3x | 32x | 3.6x |
| Fri, 03 May 2024 | UK£16.8b | UK£4.8b | UK£534.5m | 24.1x | 31.5x | 3.5x |
| Sun, 31 Mar 2024 | UK£17.1b | UK£4.8b | UK£517.2m | 22.8x | 33x | 3.6x |
| Tue, 27 Feb 2024 | UK£17.5b | UK£4.8b | UK£522.0m | 32.3x | 33.6x | 3.7x |
| Thu, 25 Jan 2024 | UK£16.1b | UK£4.8b | UK£541.4m | 25.1x | 29.8x | 3.4x |
| Sat, 23 Dec 2023 | UK£17.0b | UK£4.8b | UK£542.3m | 25.3x | 31.4x | 3.6x |
| Mon, 20 Nov 2023 | UK£15.2b | UK£4.8b | UK£544.1m | 23x | 28x | 3.2x |
| Wed, 18 Oct 2023 | UK£14.4b | UK£4.7b | UK£541.4m | 23.1x | 26.7x | 3.1x |
| Fri, 15 Sep 2023 | UK£16.2b | UK£4.7b | UK£538.2m | 26.3x | 30.1x | 3.4x |
| Sun, 13 Aug 2023 | UK£16.2b | UK£4.7b | UK£542.3m | 24.2x | 29.8x | 3.4x |
29.8x
How does U.K. Electronic Equipment and Instruments compare with similar industries?
| GB Market | 0.33% | |
| Tech | 3.84% | |
| Electronic Equipment and Components | 9.57% | |
| Electronic Equipment and Instruments | 10.01% | |
| Electronic Components | 0.78% | |
| Electronic Manufacturing Services | 0.41% | |
| Technology Distributors | -0.90% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HLMA Halma | UK£38.00 | 11.4% +UK£1.5b | 17.6% | PE38.5x | |
| RSW Renishaw | UK£51.80 | 8.4% +UK£291.0m | 78.0% | PE50.8x | |
| OXIG Oxford Instruments | UK£28.72 | 8.2% +UK£119.9m | 62.1% | PE35.5x | |
| ONDO Ondo InsurTech | UK£0.089 | 13.5% +UK£2.6m | -68.2% | PS4.7x | |
| LST Light Science Technologies Holdings | UK£0.018 | 12.5% +UK£2.0m | -52.6% | PS2.1x |