Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

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

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies24
  • 7D6.3%
  • 3M11.3%
  • 1Y56.8%
  • YTD15.2%

The Electronic Equipment and Components industry is up 6.3% in the last week, with Halma up 6.2%. This takes the industry's 12 month performance to a gain of 57%. As for the next few years, earnings are expected to grow by 18% 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, 14 Apr 2026UK£21.4bUK£6.3bUK£342.0m18x62.5x3.4x
Thu, 12 Mar 2026UK£20.6bUK£6.3bUK£344.5m21.9x59.8x3.3x
Sat, 07 Feb 2026UK£19.2bUK£6.2bUK£355.1m24.9x54x3.1x
Mon, 05 Jan 2026UK£18.6bUK£6.2bUK£353.5m23.4x52.6x3x
Wed, 03 Dec 2025UK£22.7bUK£7.6bUK£413.0m26.1x55x3x
Fri, 31 Oct 2025UK£22.8bUK£7.4bUK£379.4m24.2x60.1x3.1x
Sun, 28 Sep 2025UK£22.0bUK£7.4bUK£402.2m29.9x54.7x3x
Tue, 26 Aug 2025UK£21.4bUK£7.5bUK£427.3m27.6x50.1x2.9x
Thu, 24 Jul 2025UK£21.2bUK£7.4bUK£602.4m29.4x35.2x2.8x
Sat, 21 Jun 2025UK£19.8bUK£7.4bUK£606.4m23x32.6x2.7x
Mon, 19 May 2025UK£18.1bUK£7.3bUK£631.4m20.1x28.6x2.5x
Wed, 16 Apr 2025UK£16.1bUK£7.3bUK£635.3m16.4x25.3x2.2x
Fri, 14 Mar 2025UK£17.3bUK£7.4bUK£681.6m19.3x25.4x2.3x
Sun, 09 Feb 2025UK£19.2bUK£7.4bUK£719.4m19.8x26.6x2.6x
Tue, 07 Jan 2025UK£18.3bUK£7.4bUK£720.0m21.7x25.4x2.5x
Thu, 05 Dec 2024UK£18.3bUK£7.5bUK£723.1m22.5x25.3x2.5x
Sat, 02 Nov 2024UK£17.3bUK£7.3bUK£706.5m24.5x24.5x2.4x
Mon, 30 Sep 2024UK£18.6bUK£7.3bUK£710.4m25x26.2x2.6x
Wed, 28 Aug 2024UK£18.4bUK£7.2bUK£723.4m25.8x25.4x2.5x
Fri, 26 Jul 2024UK£18.6bUK£7.4bUK£599.5m26.5x31.1x2.5x
Sun, 23 Jun 2024UK£19.3bUK£7.4bUK£598.0m25.2x32.3x2.6x
Tue, 21 May 2024UK£18.7bUK£7.2bUK£578.8m25.1x32.3x2.6x
Thu, 18 Apr 2024UK£17.3bUK£7.2bUK£559.6m21.7x30.9x2.4x
Sat, 16 Mar 2024UK£17.5bUK£7.1bUK£562.9m20.9x31x2.5x
Mon, 12 Feb 2024UK£17.8bUK£7.2bUK£555.3m26.3x32.1x2.5x
Wed, 10 Jan 2024UK£17.3bUK£7.2bUK£572.9m21.8x30.2x2.4x
Fri, 08 Dec 2023UK£16.9bUK£7.2bUK£576.3m21.2x29.3x2.3x
Sun, 05 Nov 2023UK£15.4bUK£7.1bUK£564.3m20.9x27.3x2.2x
Tue, 03 Oct 2023UK£16.3bUK£7.1bUK£566.8m21.5x28.7x2.3x
Thu, 31 Aug 2023UK£17.2bUK£7.1bUK£563.3m25x30.5x2.4x
Sat, 29 Jul 2023UK£18.2bUK£6.9bUK£537.1m24.1x33.9x2.6x
Mon, 26 Jun 2023UK£18.5bUK£6.8bUK£533.8m30.2x34.7x2.7x
Wed, 24 May 2023UK£19.0bUK£6.6bUK£505.2m28.4x37.6x2.9x
Fri, 21 Apr 2023UK£18.4bUK£6.6bUK£507.2m27.3x36.3x2.8x
Price to Earnings Ratio

36.3x


Total Market Cap: UK£18.4bTotal Earnings: UK£507.2mTotal Revenue: UK£6.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 35.8x202420252026
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 62.5x which is higher than its 3-year average PE of 35.8x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.4x.
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 Market1.71%
Tech3.79%
Electronic Equipment and Components6.29%
Electronic Manufacturing Services14.70%
Electronic Equipment and Instruments6.22%
Electronic Components5.72%
Technology Distributors4.96%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 11.7x.
    • Analysts are expecting annual earnings growth of 38.4%, 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 43% 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 17% 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£42.6212.6%
+UK£1.8b		59.4%PE46.4x
RSW RenishawUK£39.7812.2%
+UK£314.3m		73.7%PE39x
OXIG Oxford InstrumentsUK£27.9213.2%
+UK£179.4m		71.5%PE98.4x
BIG Big TechnologiesUK£0.968.1%
+UK£21.0m		39.4%PS5.7x
GHH Gooch & HousegoUK£8.429.4%
+UK£19.7m		115.3%PE65.2x

Latest News

OXIG
UK£27.92
Oxford Instruments
7D
13.2%
1Y
71.5%
GHH
UK£8.42
Gooch & Housego
7D
9.4%
1Y
115.3%

GHH: Stable Assumptions And Subtle P/E Refinements Will Shape Balanced Outlook

Analysts have adjusted their price target on Gooch & Housego to £8.47. The updated view reflects only marginal tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E, rather than a shift in the overall valuation narrative.
RSW
UK£39.78
Renishaw
7D
12.2%
1Y
73.7%
MIDW
UK£1.66
Midwich Group
7D
9.9%
1Y
-8.6%
HLMA
UK£42.62
Halma
7D
12.6%
1Y
59.4%

HLMA: Slightly Higher Assumptions And Neutral Views Will Support Premium P/E

Narrative update on Halma The updated analyst price target for Halma now reflects the recent Street moves to £4,150 per share. Analysts point to slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E as the key drivers behind this change.
BIG
UK£0.96
Big Technologies
7D
8.1%
1Y
39.4%
SEE
UK£0.034
Seeing Machines
7D
8.2%
1Y
92.9%

SEE: Future Mobility Push And 3D Cabin Tech Will Drive Repricing

Analysts have increased their fair value estimate for Seeing Machines from about £0.03 to around £0.04 per share. This change reflects updated assumptions on revenue growth, profit margins, the discount rate, and future P/E multiples.
SDI
UK£0.83
SDI Group
7D
23.9%
1Y
53.7%
LST
UK£0.011
Light Science Technologies Holdings
7D
-4.2%
1Y
-70.1%
MET
UK£0.0055
Metir
7D
-4.3%
1Y
-4.3%