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

UpdatedJun 01, 2026
DataAggregated Company Financials
Companies24
  • 7D2.5%
  • 3M19.8%
  • 1Y63.5%
  • YTD35.0%

Over the last 7 days, the Electronic Equipment and Components industry has risen 2.5%, driven by gains from Halma of 3.7%. In the last 12 months, the industry was up 64%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Jun 2026UK£25.1bUK£6.3bUK£341.4m17.7x73.5x4x
Thu, 30 Apr 2026UK£23.0bUK£6.3bUK£340.9m17.2x67.5x3.7x
Sat, 28 Mar 2026UK£19.4bUK£6.3bUK£331.1m16.2x58.7x3.1x
Mon, 23 Feb 2026UK£21.1bUK£6.3bUK£345.4m25.9x61.2x3.4x
Wed, 21 Jan 2026UK£19.2bUK£6.2bUK£353.8m22.4x54.2x3.1x
Fri, 19 Dec 2025UK£18.6bUK£6.2bUK£355.9m22.7x52.2x3x
Sun, 16 Nov 2025UK£21.9bUK£7.4bUK£361.9m23.6x60.6x3x
Tue, 14 Oct 2025UK£22.5bUK£7.4bUK£373.0m28.8x60.3x3x
Thu, 11 Sep 2025UK£21.6bUK£7.5bUK£419.0m28.4x51.4x2.9x
Sat, 09 Aug 2025UK£21.4bUK£7.5bUK£427.1m29.3x50.1x2.9x
Mon, 07 Jul 2025UK£21.0bUK£7.4bUK£605.9m24.7x34.7x2.8x
Wed, 04 Jun 2025UK£17.5bUK£7.3bUK£623.2m19.7x28.1x2.4x
Fri, 02 May 2025UK£16.6bUK£7.3bUK£630.1m18.1x26.4x2.3x
Sun, 30 Mar 2025UK£16.6bUK£7.4bUK£677.4m17.4x24.5x2.2x
Tue, 25 Feb 2025UK£18.7bUK£7.4bUK£721.5m20.5x26x2.5x
Thu, 23 Jan 2025UK£18.8bUK£7.4bUK£719.6m21.3x26.1x2.5x
Sat, 21 Dec 2024UK£18.2bUK£7.4bUK£718.9m21.5x25.3x2.5x
Mon, 18 Nov 2024UK£17.3bUK£7.4bUK£703.5m22.6x24.6x2.4x
Wed, 16 Oct 2024UK£17.5bUK£7.3bUK£708.1m23.2x24.7x2.4x
Fri, 13 Sep 2024UK£18.1bUK£7.3bUK£721.8m21.4x25x2.5x
Sun, 11 Aug 2024UK£18.3bUK£7.2bUK£722.6m26.1x25.3x2.5x
Tue, 09 Jul 2024UK£19.0bUK£7.4bUK£597.4m23.5x31.9x2.6x
Thu, 06 Jun 2024UK£18.5bUK£7.2bUK£579.0m26.5x32x2.6x
Sat, 04 May 2024UK£18.3bUK£7.2bUK£577.2m22.8x31.7x2.5x
Mon, 01 Apr 2024UK£18.2bUK£7.2bUK£559.9m21.7x32.6x2.5x
Wed, 28 Feb 2024UK£18.6bUK£7.2bUK£555.4m26.8x33.5x2.6x
Fri, 26 Jan 2024UK£17.3bUK£7.2bUK£571.6m22.6x30.3x2.4x
Sun, 24 Dec 2023UK£18.2bUK£7.2bUK£574.1m22.6x31.8x2.5x
Tue, 21 Nov 2023UK£16.5bUK£7.2bUK£569.7m21.1x29x2.3x
Thu, 19 Oct 2023UK£15.3bUK£7.1bUK£564.3m21.6x27.1x2.2x
Sat, 16 Sep 2023UK£17.4bUK£7.1bUK£567.5m23.8x30.7x2.5x
Mon, 14 Aug 2023UK£17.5bUK£7.0bUK£567.9m23.1x30.8x2.5x
Wed, 12 Jul 2023UK£17.8bUK£6.9bUK£536.7m25.1x33.2x2.6x
Fri, 09 Jun 2023UK£19.3bUK£6.6bUK£508.2m29.5x38.1x2.9x
Price to Earnings Ratio

38.1x


Total Market Cap: UK£19.3bTotal Earnings: UK£508.2mTotal Revenue: UK£6.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 37.2x202420252026
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 73.5x which is higher than its 3-year average PE of 37.2x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 12% 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 Market-0.29%
Tech2.04%
Electronic Equipment and Components2.53%
Electronic Manufacturing Services6.93%
Electronic Components5.46%
Electronic Equipment and Instruments2.46%
Technology Distributors-3.17%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 18.0x.
    • Analysts are expecting annual earnings growth of 36.2%, which is higher than its past year's earnings growth of 7.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 18% 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£47.323.7%
+UK£634.4m		62.5%PE51.5x
RSW RenishawUK£53.151.5%
+UK£58.2m		109.3%PE52.2x
OXIG Oxford InstrumentsUK£32.342.5%
+UK£44.2m		80.3%PE113.8x
GHH Gooch & HousegoUK£11.1510.4%
+UK£28.7m		123.0%PE86.3x
BIG Big TechnologiesUK£1.096.9%
+UK£20.5m		7.9%PS6.4x

Latest News

OXIG
UK£32.34
Oxford Instruments
7D
2.5%
1Y
80.3%
Narrative Update • Jun 01

OXIG: Rich P E Assumptions Will Constrain Future Risk Reward Balance

Analysts have lifted the central price target for Oxford Instruments to about £27.06 from roughly £26.08. This reflects a series of target increases to £2,900 and £3,000 that are supported by views on valuation, modestly stronger margin assumptions and a slightly higher future P/E, even as they factor in softer revenue growth and a higher discount rate.
SOLI
UK£1.90
Solid State
7D
11.8%
1Y
10.1%
HLMA
UK£47.32
Halma
7D
3.7%
1Y
62.5%
BIG
UK£1.09
Big Technologies
7D
6.9%
1Y
7.9%
MIDW
UK£1.44
Midwich Group
7D
-4.8%
1Y
-29.6%
SPSY
UK£1.92
Spectra Systems
7D
11.3%
1Y
-4.0%
GHH
UK£11.15
Gooch & Housego
7D
10.4%
1Y
123.0%
Analysis Article • May 27

Is It Time To Consider Buying Gooch & Housego PLC (LON:GHH)?

Gooch & Housego PLC ( LON:GHH ), might not be a large cap stock, but it saw a significant share price rise of 45% in...
ONDO
UK£0.035
Ondo InsurTech
7D
-19.8%
1Y
-85.6%
RSW
UK£53.15
Renishaw
7D
1.5%
1Y
109.3%
Narrative Update • May 21

RSW: Higher Earnings Guidance And Margin Assumptions Will Support Future P/E Re-Rating

Analysts have lifted their fair value estimate for Renishaw from £50.00 to £60.00, citing updated assumptions around revenue growth, profit margins and future P/E multiples in recent Street research and price target revisions. Analyst Commentary Bullish Takeaways Recent Street research includes a price target uplift of 210 GBp, which supports the higher fair value range and reflects confidence in Renishaw's ability to justify a stronger valuation through its revenue and margin profile.
SEE
UK£0.048
Seeing Machines
7D
-0.5%
1Y
107.1%
Narrative Update • May 20

SEE: Cabin Monitoring Volumes Will Pressure Overvalued Shares Despite FY2026 Outlook

Analysts now set a slightly higher implied price target for Seeing Machines at £0.0433 per share versus £0.0425 previously, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Seeing Machines received a US$3.8 million purchase order for its Guardian Backup-driver Monitoring System from a North American autonomous driving company, tied to expansion of the customer's autonomous ride-hailing test fleet beyond the United States (Key Developments).
SNX
UK£1.95
Synectics
7D
-1.3%
1Y
-39.5%
SDI
UK£0.83
SDI Group
7D
7.3%
1Y
13.2%
LST
UK£0.019
Light Science Technologies Holdings
7D
-18.8%
1Y
-50.0%
SNT
UK£0.037
Sabien Technology Group
7D
-11.8%
1Y
-60.5%
KETL
UK£0.42
Strix Group
7D
-1.2%
1Y
-4.2%
THRU
UK£0.0073
Thruvision Group
7D
-3.3%
1Y
-50.0%