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

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies25
  • 7D3.9%
  • 3M18.9%
  • 1Y44.7%
  • YTD19.0%

The Electronic Equipment and Components industry is up 3.9% in the last week, with Halma up 5.3%. In the last 12 months, the industry was up 45%. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Mar 2026UK£22.1bUK£6.3bUK£345.3m25.1x64x3.5x
Wed, 28 Jan 2026UK£19.6bUK£6.2bUK£354.0m22.5x55.3x3.1x
Fri, 26 Dec 2025UK£18.7bUK£6.2bUK£356.0m23x52.6x3x
Sun, 23 Nov 2025UK£22.4bUK£7.5bUK£412.5m24.5x54.3x3x
Tue, 21 Oct 2025UK£22.5bUK£7.4bUK£373.1m27.6x60.2x3x
Thu, 18 Sep 2025UK£21.4bUK£7.5bUK£427.0m27.6x50.2x2.9x
Sat, 16 Aug 2025UK£21.0bUK£7.5bUK£427.4m28.3x49.1x2.8x
Mon, 14 Jul 2025UK£21.0bUK£7.4bUK£602.3m30.2x34.9x2.8x
Wed, 11 Jun 2025UK£19.3bUK£7.3bUK£623.2m20.8x30.9x2.6x
Fri, 09 May 2025UK£17.5bUK£7.4bUK£630.1m19.9x27.7x2.4x
Sun, 06 Apr 2025UK£15.4bUK£7.4bUK£676.9m14.9x22.8x2.1x
Tue, 04 Mar 2025UK£18.0bUK£7.4bUK£681.0m20.2x26.4x2.4x
Thu, 30 Jan 2025UK£19.7bUK£7.4bUK£719.9m20.6x27.3x2.6x
Sat, 28 Dec 2024UK£18.2bUK£7.4bUK£720.1m21.6x25.3x2.5x
Mon, 25 Nov 2024UK£18.0bUK£7.5bUK£720.4m23.1x25x2.4x
Wed, 23 Oct 2024UK£17.3bUK£7.3bUK£707.9m24.1x24.4x2.4x
Fri, 20 Sep 2024UK£18.3bUK£7.3bUK£712.7m24.1x25.7x2.5x
Sun, 18 Aug 2024UK£18.5bUK£7.2bUK£722.9m26.1x25.6x2.6x
Tue, 16 Jul 2024UK£19.5bUK£7.4bUK£599.6m23.8x32.5x2.6x
Thu, 13 Jun 2024UK£18.3bUK£7.3bUK£566.7m27.2x32.4x2.5x
Sat, 11 May 2024UK£18.6bUK£7.2bUK£578.2m23.3x32.2x2.6x
Mon, 08 Apr 2024UK£17.7bUK£7.2bUK£559.9m21.8x31.6x2.5x
Wed, 06 Mar 2024UK£17.9bUK£7.2bUK£564.3m20x31.7x2.5x
Fri, 02 Feb 2024UK£17.5bUK£7.2bUK£571.2m22x30.6x2.4x
Sun, 31 Dec 2023UK£18.1bUK£7.2bUK£574.1m22.7x31.6x2.5x
Tue, 28 Nov 2023UK£16.6bUK£7.2bUK£570.1m20.8x29.2x2.3x
Thu, 26 Oct 2023UK£14.8bUK£7.1bUK£564.3m20.6x26.2x2.1x
Sat, 23 Sep 2023UK£16.4bUK£7.1bUK£563.7m22.6x29.1x2.3x
Mon, 21 Aug 2023UK£16.8bUK£7.1bUK£563.4m24.5x29.8x2.4x
Wed, 19 Jul 2023UK£18.2bUK£6.9bUK£536.7m24.6x33.9x2.6x
Fri, 16 Jun 2023UK£19.2bUK£6.7bUK£523.1m29.3x36.6x2.9x
Sun, 14 May 2023UK£19.4bUK£6.6bUK£507.6m28.2x38.2x2.9x
Tue, 11 Apr 2023UK£18.1bUK£6.6bUK£506.2m29.7x35.7x2.7x
Thu, 09 Mar 2023UK£18.5bUK£6.3bUK£533.7m27.9x34.7x2.9x
Price to Earnings Ratio

34.7x


Total Market Cap: UK£18.5bTotal Earnings: UK£533.7mTotal Revenue: UK£6.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 34.8x202420252026
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 64.0x which is higher than its 3-year average PE of 34.8x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 14% 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 Market1.95%
Tech3.83%
Electronic Equipment and Components3.88%
Electronic Manufacturing Services10.82%
Electronic Equipment and Instruments3.98%
Technology Distributors-1.39%
Electronic Components-1.40%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio of 24.3x.
    • 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 64% 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£41.845.3%
+UK£800.5m		49.7%PE45.5x
GHH Gooch & HousegoUK£8.4010.8%
+UK£22.4m		75.0%PE65x
RSW RenishawUK£43.000.5%
+UK£14.6m		47.8%PE42.2x
OXIG Oxford InstrumentsUK£26.400.4%
+UK£4.6m		37.6%PE93.9x
SOLI Solid StateUK£1.703.0%
+UK£2.8m		21.4%PE39.8x

Latest News

LST
UK£0.035
Light Science Technologies Holdings
7D
-5.4%
1Y
18.6%
GHH
UK£8.40
Gooch & Housego
7D
10.8%
1Y
75.0%

GHH: New CFO Appointment Will Support Balanced Outlook At Current Fair Value

Analysts have raised their price target for Gooch & Housego to £8.05 from £7.33, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E as the main factors behind the change. What's in the News Gooch & Housego appointed James Corte as Chief Financial Officer, bringing experience across defence, industrial and telecoms sectors.
RSW
UK£43.00
Renishaw
7D
0.5%
1Y
47.8%
HLMA
UK£41.84
Halma
7D
5.3%
1Y
49.7%

HLMA: Steady Earnings Assumptions Will Likely Sustain Premium Future P/E

Analysts have nudged their price target for Halma higher to £38.69 from £38.38, citing modest adjustments to revenue growth, profit margin and future P/E assumptions following recent research updates, including the latest increase from Berenberg. Analyst Commentary Bullish Takeaways Bullish analysts supporting the higher £38.69 target point to incremental tweaks in revenue and margin assumptions as enough to justify a slightly richer valuation without changing the core thesis on Halma.
SNX
UK£2.25
Synectics
7D
-4.3%
1Y
-37.5%
OXIG
UK£26.40
Oxford Instruments
7D
0.4%
1Y
37.6%

OXIG: Higher P/E Expectations Will Shape Balanced Risk Reward Outlook

The analyst price target for Oxford Instruments has been lifted by about £1 to reflect higher fair value estimates and a modestly higher assumed future P/E of roughly 23x. Analysts point to recent price target increases at £2,675 and an additional £4.00 from major banks as key support for the revision.
SDI
UK£0.81
SDI Group
7D
0.6%
1Y
29.8%
CPX
UK£0.0027
CAP-XX
7D
12.8%
1Y
120.8%
BIG
UK£1.10
Big Technologies
7D
-1.3%
1Y
4.3%
MIDW
UK£2.15
Midwich Group
7D
-1.4%
1Y
-9.7%

Risks To Shareholder Returns Are Elevated At These Prices For Midwich Group plc (LON:MIDW)

Feb 06
Risks To Shareholder Returns Are Elevated At These Prices For Midwich Group plc (LON:MIDW)
NAR
UK£0.29
Northamber
7D
-1.7%
1Y
7.4%
SOLI
UK£1.70
Solid State
7D
3.0%
1Y
21.4%

Solid State (LON:SOLI) Has Announced A Dividend Of £0.0092

Jan 21
Solid State (LON:SOLI) Has Announced A Dividend Of £0.0092
TTG
UK£1.20
TT Electronics
7D
-4.0%
1Y
48.1%
THRU
UK£0.01
Thruvision Group
7D
-6.8%
1Y
-62.7%
WPHO
UK£0.38
Windar Photonics
7D
-9.0%
1Y
-11.2%
SPSY
UK£1.38
Spectra Systems
7D
1.1%
1Y
-41.3%