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

UpdatedMay 31, 2026
DataAggregated Company Financials
Companies24
  • 7D2.5%
  • 3M15.4%
  • 1Y63.4%
  • YTD35.0%

The Electronic Equipment and Components industry is up 2.5% in the last week, with Halma up 2.6%. This takes the industry's 12 month performance to a gain of 63%. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 31 May 2026UK£25.1bUK£6.3bUK£341.4m17.7x73.5x4x
Tue, 28 Apr 2026UK£23.3bUK£6.3bUK£340.9m17.5x68.4x3.7x
Thu, 26 Mar 2026UK£20.2bUK£6.3bUK£315.3m16.2x64x3.2x
Sat, 21 Feb 2026UK£21.1bUK£6.3bUK£345.4m25.9x61.2x3.4x
Mon, 19 Jan 2026UK£19.8bUK£6.2bUK£353.8m23.4x55.9x3.2x
Wed, 17 Dec 2025UK£18.6bUK£6.2bUK£356.0m22.4x52.2x3x
Fri, 14 Nov 2025UK£22.0bUK£7.4bUK£362.0m24.1x60.8x3x
Sun, 12 Oct 2025UK£22.7bUK£7.4bUK£373.0m28.7x60.8x3.1x
Tue, 09 Sep 2025UK£21.6bUK£7.5bUK£428.2m27.4x50.4x2.9x
Thu, 07 Aug 2025UK£21.1bUK£7.4bUK£602.7m25.5x35x2.8x
Sat, 05 Jul 2025UK£21.0bUK£7.4bUK£605.9m24.7x34.7x2.8x
Mon, 02 Jun 2025UK£17.5bUK£7.3bUK£621.2m19.7x28.1x2.4x
Wed, 30 Apr 2025UK£16.3bUK£7.3bUK£635.5m17.3x25.7x2.2x
Fri, 28 Mar 2025UK£16.7bUK£7.4bUK£677.2m17.6x24.7x2.3x
Sun, 23 Feb 2025UK£19.0bUK£7.4bUK£721.4m21x26.3x2.6x
Tue, 21 Jan 2025UK£18.7bUK£7.4bUK£719.6m22.1x25.9x2.5x
Thu, 19 Dec 2024UK£18.7bUK£7.4bUK£719.1m22.3x26x2.5x
Sat, 16 Nov 2024UK£17.3bUK£7.4bUK£703.5m22.6x24.6x2.4x
Mon, 14 Oct 2024UK£17.6bUK£7.3bUK£708.0m23.1x24.8x2.4x
Wed, 11 Sep 2024UK£18.0bUK£7.3bUK£721.4m18.2x24.9x2.5x
Fri, 09 Aug 2024UK£18.2bUK£7.3bUK£728.5m26x25x2.5x
Sun, 07 Jul 2024UK£19.3bUK£7.4bUK£597.4m23.4x32.3x2.6x
Tue, 04 Jun 2024UK£18.3bUK£7.2bUK£579.0m26x31.5x2.5x
Thu, 02 May 2024UK£17.7bUK£7.2bUK£559.5m22.5x31.6x2.5x
Sat, 30 Mar 2024UK£18.2bUK£7.2bUK£559.9m21.7x32.6x2.5x
Mon, 26 Feb 2024UK£18.6bUK£7.2bUK£555.4m27.1x33.5x2.6x
Wed, 24 Jan 2024UK£17.2bUK£7.2bUK£572.1m22.6x30.1x2.4x
Fri, 22 Dec 2023UK£18.4bUK£7.2bUK£574.0m22.9x32x2.5x
Sun, 19 Nov 2023UK£16.4bUK£7.2bUK£569.7m21.1x28.7x2.3x
Tue, 17 Oct 2023UK£15.6bUK£7.1bUK£566.9m22.4x27.5x2.2x
Thu, 14 Sep 2023UK£17.2bUK£7.1bUK£567.5m23.5x30.3x2.4x
Sat, 12 Aug 2023UK£17.5bUK£7.0bUK£567.9m23.1x30.8x2.5x
Mon, 10 Jul 2023UK£17.8bUK£6.9bUK£536.4m27.9x33.1x2.6x
Wed, 07 Jun 2023UK£19.6bUK£6.6bUK£508.1m29.6x38.6x3x
Price to Earnings Ratio

38.6x


Total Market Cap: UK£19.6bTotal Earnings: UK£508.1mTotal 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-0.27%
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 17.7x.
    • 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£46.822.6%
+UK£445.6m		61.1%PE51x
OXIG Oxford InstrumentsUK£32.783.9%
+UK£68.5m		83.1%PE115.3x
RSW RenishawUK£53.001.2%
+UK£47.3m		106.2%PE52x
SOLI Solid StateUK£2.0520.6%
+UK£19.9m		20.6%PE48x
GHH Gooch & HousegoUK£10.806.9%
+UK£19.2m		104.5%PE83.6x

Latest News

SOLI
UK£2.05
Solid State
7D
20.6%
1Y
20.6%
HLMA
UK£46.82
Halma
7D
2.6%
1Y
61.1%
BIG
UK£1.06
Big Technologies
7D
3.9%
1Y
4.4%
MIDW
UK£1.46
Midwich Group
7D
-3.3%
1Y
-28.9%
SPSY
UK£1.89
Spectra Systems
7D
9.6%
1Y
-6.9%
GHH
UK£10.80
Gooch & Housego
7D
6.9%
1Y
104.5%
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
-18.6%
1Y
-85.4%
RSW
UK£53.00
Renishaw
7D
1.2%
1Y
106.2%
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
-1.9%
1Y
91.9%
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).
SDI
UK£0.83
SDI Group
7D
7.8%
1Y
15.6%
LST
UK£0.022
Light Science Technologies Holdings
7D
-8.3%
1Y
-39.7%
OXIG
UK£32.78
Oxford Instruments
7D
3.9%
1Y
83.1%
Narrative Update • Apr 23

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.
SNT
UK£0.037
Sabien Technology Group
7D
-11.8%
1Y
-60.5%
THRU
UK£0.0073
Thruvision Group
7D
-3.3%
1Y
-50.0%