Cyient DLM Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 26
Indian (NIFTY) Electronic Equipment and Components Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies60
- 7D3.2%
- 3M10.3%
- 1Y70.4%
- YTD11.2%
The Electronic Equipment and Components industry is up 3.2% in the last week, with Honeywell Automation India up 2.9%. During this same period, the Integrated Industries underperformed, falling 7.6%. This means that the industry has gained 70% over the past year. Looking forward, earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Indian Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₹1.4t | ₹1.3t | ₹31.4b | 53.4x | 44.2x | 1.1x |
| Sun, 24 Mar 2024 | ₹1.2t | ₹1.3t | ₹31.4b | 51.2x | 39.3x | 1x |
| Tue, 20 Feb 2024 | ₹1.3t | ₹1.3t | ₹31.4b | 51.4x | 40.9x | 1x |
| Thu, 18 Jan 2024 | ₹1.2t | ₹1.1t | ₹29.7b | 54.9x | 40.3x | 1.1x |
| Sat, 16 Dec 2023 | ₹1.2t | ₹1.1t | ₹29.7b | 53.6x | 39.1x | 1x |
| Mon, 13 Nov 2023 | ₹1.1t | ₹1.1t | ₹29.7b | 55.5x | 37.5x | 1x |
| Wed, 11 Oct 2023 | ₹1.2t | ₹1.1t | ₹29.9b | 51.8x | 38.7x | 1.1x |
| Fri, 08 Sep 2023 | ₹1.1t | ₹1.1t | ₹29.5b | 57.5x | 37.2x | 1x |
| Sun, 06 Aug 2023 | ₹1.0t | ₹1.1t | ₹28.7b | 55x | 35.3x | 0.9x |
| Tue, 04 Jul 2023 | ₹931.9b | ₹1.0t | ₹30.0b | 43.4x | 31.1x | 0.9x |
| Thu, 01 Jun 2023 | ₹853.2b | ₹1.0t | ₹25.8b | 37.6x | 33x | 0.8x |
| Sat, 29 Apr 2023 | ₹740.6b | ₹968.4b | ₹25.0b | 28.1x | 29.6x | 0.8x |
| Mon, 27 Mar 2023 | ₹704.5b | ₹960.0b | ₹24.4b | 24.4x | 28.9x | 0.7x |
| Wed, 22 Feb 2023 | ₹720.3b | ₹959.9b | ₹24.4b | 25.3x | 29.6x | 0.8x |
| Fri, 20 Jan 2023 | ₹759.9b | ₹896.6b | ₹23.4b | 30.6x | 32.4x | 0.8x |
| Sun, 18 Dec 2022 | ₹751.1b | ₹884.8b | ₹23.0b | 31.1x | 32.6x | 0.8x |
| Tue, 15 Nov 2022 | ₹654.4b | ₹867.6b | ₹22.3b | 31.8x | 29.3x | 0.8x |
| Thu, 13 Oct 2022 | ₹631.5b | ₹826.0b | ₹21.8b | 28.7x | 29x | 0.8x |
| Sat, 10 Sep 2022 | ₹619.6b | ₹815.9b | ₹21.2b | 23.4x | 29.2x | 0.8x |
| Mon, 08 Aug 2022 | ₹594.1b | ₹805.3b | ₹20.4b | 25.5x | 29.1x | 0.7x |
| Wed, 06 Jul 2022 | ₹514.4b | ₹768.7b | ₹19.3b | 25.4x | 26.7x | 0.7x |
| Fri, 03 Jun 2022 | ₹515.0b | ₹768.2b | ₹17.9b | 27.6x | 28.7x | 0.7x |
| Sun, 01 May 2022 | ₹621.2b | ₹743.9b | ₹17.6b | 37.7x | 35.2x | 0.8x |
| Tue, 29 Mar 2022 | ₹578.1b | ₹743.1b | ₹17.8b | 39.3x | 32.4x | 0.8x |
| Thu, 24 Feb 2022 | ₹598.2b | ₹743.1b | ₹17.8b | 36.2x | 33.6x | 0.8x |
| Sat, 22 Jan 2022 | ₹643.7b | ₹738.2b | ₹16.6b | 40.6x | 38.9x | 0.9x |
| Mon, 20 Dec 2021 | ₹592.5b | ₹738.2b | ₹16.6b | 33.2x | 35.8x | 0.8x |
| Wed, 17 Nov 2021 | ₹599.8b | ₹735.3b | ₹16.7b | 26.4x | 36x | 0.8x |
| Fri, 15 Oct 2021 | ₹633.8b | ₹719.3b | ₹15.4b | 26.3x | 41.1x | 0.9x |
| Sun, 12 Sep 2021 | ₹585.0b | ₹718.5b | ₹15.3b | 23.7x | 38.1x | 0.8x |
| Tue, 10 Aug 2021 | ₹562.7b | ₹718.5b | ₹15.4b | 21.4x | 36.6x | 0.8x |
| Mon, 03 May 2021 | ₹514.6b | ₹687.0b | ₹13.5b | 17.5x | 38.2x | 0.7x |
Price to Earnings Ratio
38.2x
Current Industry PE
- Investors are optimistic on the Indian Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 44.2x which is higher than its 3-year average PE of 34.6x.
- The 3-year average PS ratio of 0.85x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 32% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Tech industry?
| IN Market | 2.82% | |
| Tech | 0.72% | |
| Electronic Equipment and Components | 3.19% | |
| Electronic Components | 5.76% | |
| Electronic Manufacturing Services | 3.70% | |
| Electronic Equipment and Instruments | 3.18% | |
| Technology Distributors | 1.64% | |
Industry PE
- Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 62.9x.
- Analysts are expecting annual earnings growth of 33.8%, which is lower than the prior year's growth of 74.0% per year.
- Investors are most pessimistic about the Technology Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.6x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 52% over the next 5 years.
- This is better than its past earnings growth rate of 20% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| 517174 Honeywell Automation India | ₹44.92k | 2.9% +₹11.3b | 26.5% | PE85.4x | |
| KAYNES Kaynes Technology India | ₹2.65k | 3.9% +₹6.3b | 170.6% | PE118x | |
| 530343 Genus Power Infrastructures | ₹305.80 | 4.5% +₹3.7b | 242.4% | PE165.5x | |
| 533339 Zen Technologies | ₹1.03k | 3.9% +₹3.2b | 252.1% | PE76.1x | |
| 533581 PG Electroplast | ₹2.00k | 5.6% +₹2.8b | 44.0% | PE49.3x |
