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

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 13 Aug 2026	UK£21.4b	UK£6.3b	UK£384.7m	22.9x	55.7x	3.4x
Sat, 11 Jul 2026	UK£20.5b	UK£6.4b	UK£398.4m	20.1x	51.4x	3.2x
Mon, 08 Jun 2026	UK£24.8b	UK£6.3b	UK£341.7m	18.4x	72.5x	3.9x
Wed, 06 May 2026	UK£23.8b	UK£6.3b	UK£341.4m	17x	69.7x	3.8x
Fri, 03 Apr 2026	UK£20.1b	UK£6.3b	UK£341.9m	16.8x	58.8x	3.2x
Sun, 01 Mar 2026	UK£22.1b	UK£6.3b	UK£345.3m	25.1x	64x	3.5x
Tue, 27 Jan 2026	UK£19.5b	UK£6.2b	UK£353.9m	22.6x	55.2x	3.1x
Thu, 25 Dec 2025	UK£18.7b	UK£6.2b	UK£356.0m	23x	52.6x	3x
Sat, 22 Nov 2025	UK£22.4b	UK£7.5b	UK£412.5m	24.5x	54.3x	3x
Mon, 20 Oct 2025	UK£22.4b	UK£7.4b	UK£373.1m	27.5x	59.9x	3x
Wed, 17 Sep 2025	UK£21.4b	UK£7.5b	UK£427.0m	27.5x	50.2x	2.9x
Fri, 15 Aug 2025	UK£21.1b	UK£7.5b	UK£427.3m	28.3x	49.4x	2.8x
Sun, 13 Jul 2025	UK£21.0b	UK£7.4b	UK£602.3m	30.2x	34.9x	2.8x
Tue, 10 Jun 2025	UK£19.4b	UK£7.3b	UK£623.3m	20.9x	31.1x	2.6x
Thu, 08 May 2025	UK£16.8b	UK£7.3b	UK£630.1m	17.9x	26.7x	2.3x
Sat, 05 Apr 2025	UK£15.4b	UK£7.4b	UK£680.2m	15x	22.7x	2.1x
Mon, 03 Mar 2025	UK£18.2b	UK£7.4b	UK£680.8m	20.2x	26.8x	2.5x
Wed, 29 Jan 2025	UK£19.0b	UK£7.4b	UK£719.8m	20.6x	26.4x	2.6x
Fri, 27 Dec 2024	UK£18.3b	UK£7.4b	UK£720.0m	21.5x	25.4x	2.5x
Sun, 24 Nov 2024	UK£18.0b	UK£7.5b	UK£720.4m	23.1x	25x	2.4x
Tue, 22 Oct 2024	UK£17.4b	UK£7.3b	UK£707.9m	24.1x	24.5x	2.4x
Thu, 19 Sep 2024	UK£17.9b	UK£7.3b	UK£724.9m	21.2x	24.7x	2.5x
Sat, 17 Aug 2024	UK£18.5b	UK£7.2b	UK£722.9m	26.1x	25.6x	2.6x
Mon, 15 Jul 2024	UK£19.6b	UK£7.4b	UK£599.6m	23.8x	32.6x	2.7x
Wed, 12 Jun 2024	UK£18.3b	UK£7.2b	UK£578.9m	25.4x	31.7x	2.5x
Fri, 10 May 2024	UK£18.4b	UK£7.2b	UK£578.2m	23x	31.9x	2.5x
Sun, 07 Apr 2024	UK£17.7b	UK£7.2b	UK£559.9m	21.8x	31.6x	2.5x
Tue, 05 Mar 2024	UK£18.1b	UK£7.2b	UK£564.3m	21.1x	32x	2.5x
Thu, 01 Feb 2024	UK£17.5b	UK£7.2b	UK£571.6m	21.9x	30.6x	2.4x
Sat, 30 Dec 2023	UK£18.1b	UK£7.2b	UK£574.1m	22.7x	31.6x	2.5x
Mon, 27 Nov 2023	UK£16.7b	UK£7.2b	UK£570.1m	21.2x	29.3x	2.3x
Wed, 25 Oct 2023	UK£14.9b	UK£7.1b	UK£564.3m	20.8x	26.4x	2.1x
Fri, 22 Sep 2023	UK£16.7b	UK£7.1b	UK£563.7m	22.9x	29.6x	2.3x
Sun, 20 Aug 2023	UK£16.8b	UK£7.1b	UK£563.4m	24.5x	29.8x	2.4x

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 55.7x which is higher than its 3-year average PE of 38.7x.

The 3-year average PS ratio of 2.7x 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,
Revenues have also declined 3.5% 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 Market	-0.31%
Tech	0.49%
Electronic Equipment and Components	0.078%
Electronic Components	2.64%
Technology Distributors	2.05%
Electronic Equipment and Instruments	0.019%
Electronic Manufacturing Services	-0.41%

Industry PE

Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 32.4x.

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 Technology Distributors industry, expecting annual earnings growth of 80% over the next 5 years.

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?

Company	Last Price	7D	1Y	Valuation
RSW Renishaw	UK£52.40	1.5% +UK£54.6m	74.4%	PE51.4x
OXIG Oxford Instruments	UK£29.50	1.8% +UK£28.6m	61.0%	PE36.5x
SEE Seeing Machines	UK£0.048	9.4% +UK£19.8m	71.2%	PS5.2x
BIG Big Technologies	UK£0.99	5.7% +UK£15.8m	12.2%	PS5.8x
TTG TT Electronics	UK£1.37	4.6% +UK£10.7m	41.5%	PS0.5x

Arlington Capital Partners VII, L.P, fund managed by Arlington Management Employees, LLC reached an agreement to acquire Gooch & Housego PLC (AIM:GHH) from Gary Bullard, Charlie Peppiatt, Louise Evans, Jim Haynes, Susan Searle and others for approximately £340 million.

Arlington Capital Partners VII, L.P, fund managed by Arlington Management Employees, LLC reached an agreement to acquire Gooch & Housego PLC (AIM:GHH) from Gary Bullard, Charlie Peppiatt, Louise Evans, Jim Haynes, Susan Searle and others for approximately £340 million on July 16, 2026. The consideration is £12.3 in cash per G&H Share. The consideration values G&H's entire issued, and to be issued, ordinary share capital at approximately £345.6 million on a fully diluted basis. The Cash Consideration payable to G&H Shareholders under the terms of the Acquisition will be financed by equity to be invested by ACP. It is intended that the London Stock Exchange will be requested to cancel trading of G&H Shares on AIM shortly after the Effective Date. It is intended that G&H will be re-registered as a private limited company and for this to take effect as soon as practicable following the Effective Date. Bidco intends that G&H will continue to operate as a standalone business group. As part of the acquisition, it is expected that each of the non-executive directors of G&H will resign as directors of G&H with effect from the Scheme becoming Effective and the committees of the G&H Board will be disbanded. Bidco has no plans to change the location or functions of G&H's headquarters in Ilminster. Accordingly, the G&H Directors intend to recommend unanimously that G&H Shareholders vote in favour of the Scheme at the Court Meeting and the Resolutions, as the G&H Directors who hold G&H Shares have irrevocably undertaken to do in respect of their own (and where, applicable, their close relatives') beneficial holdings totalling 119,582 G&H Shares (representing approximately 0.44% of the existing issued ordinary share capital of G&H as at July 15, 2026, being the Business Day prior to the date of this announcement). The undertakings will remain binding in the event that a higher competing offer for G&H is made. The terms of the Acquisition will be put to G&H Shareholders at the Court Meeting and the General Meeting. The Court Meeting and the General Meeting are required to enable G&H Shareholders to consider and, if thought fit, vote in favour of the Scheme and the Resolutions to implement the Scheme. The Scheme must be approved by a majority in number of G&H Shareholders, present and voting at the Court Meeting, whether in person or by proxy, representing 75% or more in value of the Scheme Shares voted. The Conditions to the Acquisition are set out in full in Appendix 1 to this announcement along with certain other terms; the full terms and conditions will be provided in the Scheme Document. The Conditions include the receipt of regulatory approvals, including (i) clearance in the UK under the National Security and Investment Act 2021 and (ii) merger control clearance in the US pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, each as further described in this announcement. The Scheme is also subject to the approval of the Court and third-party clearances. The Acquisition is currently expected to complete during the fourth quarter of 2026, subject to the satisfaction or (where applicable) waiver of the Conditions. The Long Stop Date is January 16, 2027, or such later date. N.M. Rothschild & Sons Limited acted as financial advisor and fairness opinion provider for Gooch & Housego PLC. Christopher Baird, Marc Potel, Carlton Nelson and Charles Craven of Investec Bank plc acted as financial advisor and fairness opinion provider for Gooch & Housego PLC. Saumitra Gorani, James Robinson, Stuart Jempson and Mayank Chaturvedi of J.P. Morgan Securities plc acted as financial advisor for Arlington Management Employees, LLC. Kirkland & Ellis International LLP acted as legal advisor for Gooch & Housego PLC. Burges Salmon LLP acted as legal advisor for Gooch & Housego PLC. MUFG Corporate Markets (UK) Limited acted as registrar for Gooch & Housego PLC.

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

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Light Science Technologies Holdings Plc to Report First Half, 2026 Results on Aug 13, 2026

SEE: Expanding Global Auto Contracts Will Drive Future Repricing

New minor risk - Share price stability

CEO & Director exercised options and sold UK£309k worth of stock

RSW: Higher 2026 Guidance And Updated Metrics Will Support Balanced Long Term Outlook

Tt Electronics plc Appoints Mary Waldner as Senior Independent Director and Chair of Audit Committee and Also on Nominations Committee and Remuneration Committee, Effective August 27, 2026

Less than half of directors are independent

Halma plc (LSE:HLMA) acquired NovaBone Products, LLC from Isto Biologics for $60 million.

CAP-XX Limited has completed a Follow-on Equity Offering in the amount of £0.1 million.

Full year 2026 earnings released: UK£0.051 loss per share (vs UK£0.054 loss in FY 2025)

SDI Group plc, Annual General Meeting, Sep 23, 2026

Synectics plc to Report First Half, 2026 Results on Aug 18, 2026

Big Technologies PLC to Report First Half, 2026 Results on Sep 14, 2026

Midwich Group plc to Report First Half, 2026 Results on Sep 22, 2026

Arlington Capital Partners VII, L.P, fund managed by Arlington Management Employees, LLC reached an agreement to acquire Gooch & Housego PLC (AIM:GHH) from Gary Bullard, Charlie Peppiatt, Louise Evans, Jim Haynes, Susan Searle and others for approximately £340 million.

New minor risk - Share price stability