Indian (NIFTY) Electronic Equipment and Components Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies49
- 7D3.3%
- 3M3.5%
- 1Y12.1%
- YTD4.9%
Over the last 7 days, the Electronic Equipment and Components industry has risen 3.3%, driven by gains from Honeywell Automation India of 3.2%. In the last 12 months, the industry was up 12%. Earnings are forecast to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | ₹748.5b | ₹884.8b | ₹23.0b | 32.6x | 32.5x | 0.8x |
| Wed, 26 Oct 2022 | ₹634.0b | ₹826.9b | ₹22.0b | 32.3x | 28.8x | 0.8x |
| Fri, 23 Sep 2022 | ₹661.1b | ₹820.2b | ₹21.6b | 26.2x | 30.6x | 0.8x |
| Sun, 21 Aug 2022 | ₹611.6b | ₹815.9b | ₹21.2b | 23.2x | 28.8x | 0.7x |
| Tue, 19 Jul 2022 | ₹532.9b | ₹768.4b | ₹19.3b | 27x | 27.7x | 0.7x |
| Thu, 16 Jun 2022 | ₹513.7b | ₹768.7b | ₹19.3b | 28x | 26.7x | 0.7x |
| Sat, 14 May 2022 | ₹524.9b | ₹744.3b | ₹17.7b | 30.9x | 29.6x | 0.7x |
| Mon, 11 Apr 2022 | ₹614.0b | ₹743.2b | ₹17.6b | 38.2x | 34.9x | 0.8x |
| Wed, 09 Mar 2022 | ₹576.7b | ₹743.1b | ₹17.8b | 33x | 32.4x | 0.8x |
| Fri, 04 Feb 2022 | ₹663.5b | ₹739.2b | ₹16.5b | 39x | 40.2x | 0.9x |
| Sun, 02 Jan 2022 | ₹610.6b | ₹738.2b | ₹16.6b | 39.1x | 36.9x | 0.8x |
| Tue, 30 Nov 2021 | ₹571.2b | ₹738.2b | ₹16.6b | 30.7x | 34.5x | 0.8x |
| Thu, 28 Oct 2021 | ₹600.5b | ₹719.4b | ₹15.4b | 22.5x | 39x | 0.8x |
| Sat, 25 Sep 2021 | ₹609.7b | ₹718.3b | ₹15.4b | 23.8x | 39.7x | 0.8x |
| Mon, 23 Aug 2021 | ₹527.9b | ₹718.5b | ₹15.4b | 20.2x | 34.4x | 0.7x |
| Sat, 10 Jul 2021 | ₹555.0b | ₹718.5b | ₹15.4b | 18.6x | 36.1x | 0.8x |
| Fri, 02 Apr 2021 | ₹557.1b | ₹687.0b | ₹13.5b | 17.4x | 41.3x | 0.8x |
| Mon, 04 Jan 2021 | ₹432.8b | ₹657.3b | ₹10.1b | 21.9x | 42.9x | 0.7x |
| Thu, 08 Oct 2020 | ₹375.2b | ₹636.6b | ₹9.7b | 22.2x | 38.7x | 0.6x |
| Wed, 01 Jul 2020 | ₹331.7b | ₹627.9b | ₹10.0b | 22.8x | 33.1x | 0.5x |
| Sat, 04 Apr 2020 | ₹280.5b | ₹649.6b | ₹10.4b | 18.4x | 26.9x | 0.4x |
| Tue, 07 Jan 2020 | ₹325.9b | ₹655.8b | ₹12.3b | 12.7x | 26.6x | 0.5x |
Price to Earnings Ratio
27.6x
Current Industry PE
- Investors are relatively neutral on the Indian Electronic industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 34.5x.
- The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 12% 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 | 0.87% | |
| Tech | 1.58% | |
| Electronic Equipment and Components | 3.31% | |
| Technology Distributors | 6.05% | |
| Electronic Equipment and Instruments | 3.35% | |
| Electronic Components | 0.085% | |
| Electronic Manufacturing Services | -3.02% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 68.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 13.0x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 44% over the next 5 years.
- However this is lower than its past earnings growth rate of 125% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 4.7% 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 | ₹42.32k | 3.2% +₹11.7b | 7.3% | PE97.9x | |
| REDINGTON Redington | ₹178.30 | 5.1% +₹6.7b | 21.7% | PE9.7x | |
| 530135 Optiemus Infracom | ₹248.95 | 16.1% +₹3.0b | -34.9% | PE204.9x | |
| 530343 Genus Power Infrastructures | ₹97.15 | 13.7% +₹2.7b | 38.4% | PE40.9x | |
| CREATIVE Creative Newtech | ₹542.25 | 16.0% +₹943.1m | 34.3% | PE31x |