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

UpdatedJun 17, 2026
DataAggregated Company Financials
Companies24
  • 7D-8.4%
  • 3M10.1%
  • 1Y35.5%
  • YTD19.8%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 8.4%, driven by a pullback from Halma of 13%. On the other hand Renishaw is actually up 5.1%. In the past year, the industry has gained 35%. As for the next few years, earnings are expected to grow by 15% 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
Wed, 17 Jun 2026UK£22.3bUK£6.4bUK£395.2m18.9x56.3x3.5x
Fri, 15 May 2026UK£24.9bUK£6.3bUK£341.3m17x73.1x4x
Sun, 12 Apr 2026UK£21.5bUK£6.3bUK£342.0m17.8x62.8x3.4x
Tue, 10 Mar 2026UK£20.0bUK£6.3bUK£344.6m22.4x58.2x3.2x
Thu, 05 Feb 2026UK£19.0bUK£6.2bUK£355.2m24.5x53.4x3x
Sat, 03 Jan 2026UK£18.6bUK£6.2bUK£353.5m23.4x52.5x3x
Mon, 01 Dec 2025UK£22.6bUK£7.5bUK£412.8m25.6x54.9x3x
Wed, 29 Oct 2025UK£22.9bUK£7.4bUK£379.5m24.4x60.4x3.1x
Fri, 26 Sep 2025UK£22.1bUK£7.4bUK£402.1m29.7x55.1x3x
Sun, 24 Aug 2025UK£21.4bUK£7.5bUK£427.3m27.6x50.1x2.9x
Tue, 22 Jul 2025UK£21.3bUK£7.4bUK£602.3m30x35.4x2.9x
Thu, 19 Jun 2025UK£19.9bUK£7.4bUK£606.3m22.8x32.8x2.7x
Sat, 17 May 2025UK£18.1bUK£7.3bUK£631.4m20.1x28.6x2.5x
Mon, 14 Apr 2025UK£15.3bUK£7.4bUK£635.1m16.1x24.1x2.1x
Wed, 12 Mar 2025UK£16.8bUK£7.4bUK£681.6m19.8x24.6x2.3x
Fri, 07 Feb 2025UK£19.4bUK£7.4bUK£719.5m19.8x27x2.6x
Sun, 05 Jan 2025UK£18.0bUK£7.4bUK£719.9m21.5x25x2.4x
Tue, 03 Dec 2024UK£18.1bUK£7.5bUK£720.8m22.8x25.1x2.4x
Thu, 31 Oct 2024UK£17.6bUK£7.3bUK£707.0m24.2x24.9x2.4x
Sat, 28 Sep 2024UK£18.6bUK£7.3bUK£707.8m25x26.3x2.6x
Mon, 26 Aug 2024UK£18.5bUK£7.2bUK£723.3m25.9x25.6x2.6x
Wed, 24 Jul 2024UK£19.2bUK£7.4bUK£599.5m27.2x31.9x2.6x
Fri, 21 Jun 2024UK£19.5bUK£7.4bUK£598.0m26x32.6x2.6x
Sun, 19 May 2024UK£18.5bUK£7.2bUK£578.8m24.3x31.9x2.5x
Tue, 16 Apr 2024UK£17.6bUK£7.2bUK£559.6m21.7x31.4x2.4x
Thu, 14 Mar 2024UK£17.9bUK£7.1bUK£562.9m20.6x31.7x2.5x
Sat, 10 Feb 2024UK£17.8bUK£7.2bUK£555.3m26.3x32.1x2.5x
Mon, 08 Jan 2024UK£17.1bUK£7.2bUK£574.0m21.5x29.7x2.4x
Wed, 06 Dec 2023UK£16.7bUK£7.2bUK£570.1m21.1x29.3x2.3x
Fri, 03 Nov 2023UK£15.2bUK£7.1bUK£564.3m21x27x2.1x
Sun, 01 Oct 2023UK£16.3bUK£7.1bUK£566.8m22.1x28.7x2.3x
Tue, 29 Aug 2023UK£16.9bUK£7.1bUK£563.3m24.5x30x2.4x
Thu, 27 Jul 2023UK£18.2bUK£6.9bUK£537.1m24.3x34x2.7x
Sat, 24 Jun 2023UK£18.5bUK£6.8bUK£533.8m30.2x34.7x2.7x
Price to Earnings Ratio

34.7x


Total Market Cap: UK£18.5bTotal Earnings: UK£533.8mTotal Revenue: UK£6.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electronic Equipment and Components Industry Price to Earnings3Y Average 37.6x202420252026
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 56.3x which is higher than its 3-year average PE of 37.6x.
  • The 3-year average PS ratio of 2.7x 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 9.5% per year over the last three years,
  • Revenues have also declined 2.3% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the U.K. Tech industry?

GB Market2.65%
Tech-4.93%
Electronic Equipment and Components-8.35%
Electronic Manufacturing Services9.44%
Electronic Components2.30%
Technology Distributors-5.84%
Electronic Equipment and Instruments-8.75%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 20.9x.
    • Analysts are expecting annual earnings growth of 39.6%, which is higher than its past year's earnings decline of 24.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 40% 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 14% 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
RSW RenishawUK£51.251.6%
+UK£58.2m		81.7%PE50.3x
OXIG Oxford InstrumentsUK£29.222.7%
+UK£43.1m		65.3%PE36.3x
GHH Gooch & HousegoUK£9.884.9%
+UK£12.6m		68.0%PE68.6x
SOLI Solid StateUK£1.857.2%
+UK£7.1m		-0.5%PE43.3x
KETL Strix GroupUK£0.416.3%
+UK£5.3m		-9.8%PE11x

Latest News

SOLI
UK£1.85
Solid State
7D
7.2%
1Y
-0.5%
VNET
UK£0.67
Vianet Group
7D
-0.7%
1Y
-28.7%
OXIG
UK£29.22
Oxford Instruments
7D
2.7%
1Y
65.3%
Narrative Update • Jun 15

OXIG: Higher P/E Framework And Execution Confidence Will Drive Future Repricing

Oxford Instruments' analyst fair value estimate has been updated from £30.00 to £34.50. This reflects higher Street price targets around £30.00 to £34.50 as analysts factor in revised growth and profitability expectations alongside richer P/E assumptions.
HLMA
UK£38.74
Halma
7D
-16.5%
1Y
24.1%
KETL
UK£0.41
Strix Group
7D
6.3%
1Y
-9.8%
SPSY
UK£1.83
Spectra Systems
7D
-1.3%
1Y
-20.4%
SEE
UK£0.043
Seeing Machines
7D
-0.6%
1Y
57.4%
Narrative Update • Jun 06

SEE: Autonomous Fleet Orders And Higher Volumes Will Support Fairly Valued Shares

Seeing Machines' analyst price target has been updated to £0.04 per share. Analysts cited modest adjustments to the discount rate, revenue growth, profit margin and assumed future P/E as the key drivers of this revised view.
RSW
UK£51.25
Renishaw
7D
1.6%
1Y
81.7%
Narrative Update • Jun 05

RSW: Higher 2026 Guidance And Margins Are Expected To Support Future P/E Re-Rating

Renishaw's analyst price target has been lifted by £2.10 per share, as analysts cite updated assumptions on discount rates, revenue growth, profit margins and future P/E as supporting factors for the new valuation view. What's in the News Renishaw reaffirmed earnings guidance for 2026, with full year revenue expected in a range of £775 million to £805 million.
GHH
UK£9.88
Gooch & Housego
7D
4.9%
1Y
68.0%
Narrative Update • Jun 05

GHH: Higher Margin Outlook Will Support Stronger Future P/E Re-Rating

Analysts have lifted their price target for Gooch & Housego from £8.97 to £10.93, citing updated assumptions on discount rate, revenue growth, profit margins and future P/E as the key drivers of the new view. What's in the News No recent news stories, periodical coverage or key developments were identified for Gooch & Housego based on the sources provided.
BIG
UK£1.03
Big Technologies
7D
0.5%
1Y
8.4%
MIDW
UK£1.39
Midwich Group
7D
1.2%
1Y
-33.4%
NWT
UK£1.10
Newmark Security
7D
-4.3%
1Y
47.7%
SDI
UK£0.83
SDI Group
7D
-0.5%
1Y
1.7%
LST
UK£0.018
Light Science Technologies Holdings
7D
-7.7%
1Y
-50.0%
WPHO
UK£0.27
Windar Photonics
7D
-1.9%
1Y
-56.9%
CPX
UK£0.0027
CAP-XX
7D
14.6%
1Y
66.7%