Analysis Article • Jul 24
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- 7D-0.9%
- 3M20.7%
- 1Y7.2%
- YTD34.6%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably IDream Film Infrastructure gained 5.7%. As for the the longer term, the industry is up 7.2% over the past 12 months. Earnings are forecast to grow by 25% 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 |
|---|---|---|---|---|---|---|
| Wed, 29 Jul 2026 | ₹2.6t | ₹1.8t | ₹53.8b | 31.9x | 47.7x | 1.4x |
| Fri, 26 Jun 2026 | ₹2.4t | ₹1.8t | ₹53.9b | 36.2x | 45.2x | 1.3x |
| Sun, 24 May 2026 | ₹2.0t | ₹1.8t | ₹53.2b | 32.9x | 37.6x | 1.1x |
| Tue, 21 Apr 2026 | ₹2.0t | ₹1.7t | ₹53.8b | 30.8x | 36.7x | 1.1x |
| Thu, 19 Mar 2026 | ₹1.7t | ₹1.7t | ₹53.5b | 26.2x | 31x | 1x |
| Sat, 14 Feb 2026 | ₹1.8t | ₹1.7t | ₹53.2b | 27.5x | 33.4x | 1x |
| Mon, 12 Jan 2026 | ₹1.7t | ₹1.6t | ₹50.0b | 36.5x | 34.3x | 1.1x |
| Wed, 10 Dec 2025 | ₹1.8t | ₹1.6t | ₹50.0b | 37.2x | 36.1x | 1.1x |
| Fri, 07 Nov 2025 | ₹2.0t | ₹1.6t | ₹51.1b | 38.2x | 39.4x | 1.2x |
| Sun, 05 Oct 2025 | ₹2.1t | ₹1.6t | ₹49.0b | 41x | 41.9x | 1.3x |
| Tue, 02 Sep 2025 | ₹2.0t | ₹1.6t | ₹48.9b | 42.1x | 40.1x | 1.2x |
| Thu, 31 Jul 2025 | ₹1.8t | ₹1.5t | ₹43.4b | 41.2x | 42.4x | 1.2x |
| Sat, 28 Jun 2025 | ₹1.9t | ₹1.5t | ₹43.4b | 37.1x | 43.1x | 1.3x |
| Mon, 26 May 2025 | ₹1.8t | ₹1.5t | ₹42.0b | 42.4x | 42.4x | 1.2x |
| Wed, 23 Apr 2025 | ₹1.7t | ₹1.4t | ₹35.6b | 41.1x | 48.5x | 1.2x |
| Fri, 21 Mar 2025 | ₹1.6t | ₹1.4t | ₹35.3b | 37.4x | 44x | 1.1x |
| Sun, 16 Feb 2025 | ₹1.6t | ₹1.4t | ₹37.2b | 42.2x | 43.5x | 1.1x |
| Tue, 14 Jan 2025 | ₹2.0t | ₹1.4t | ₹34.8b | 57.6x | 56.8x | 1.4x |
| Thu, 12 Dec 2024 | ₹2.1t | ₹1.4t | ₹34.8b | 55.6x | 59.9x | 1.5x |
| Sat, 09 Nov 2024 | ₹1.9t | ₹1.4t | ₹34.1b | 52.6x | 56.2x | 1.4x |
| Mon, 07 Oct 2024 | ₹1.8t | ₹1.3t | ₹32.4b | 46.7x | 55.9x | 1.4x |
| Wed, 04 Sep 2024 | ₹1.8t | ₹1.3t | ₹30.9b | 47.2x | 58.7x | 1.3x |
| Fri, 02 Aug 2024 | ₹1.8t | ₹1.3t | ₹30.5b | 56.6x | 58.1x | 1.3x |
| Sun, 30 Jun 2024 | ₹1.6t | ₹1.3t | ₹28.9b | 46.6x | 56.5x | 1.3x |
| Tue, 28 May 2024 | ₹1.5t | ₹1.3t | ₹32.1b | 56.1x | 45.7x | 1.1x |
| Thu, 25 Apr 2024 | ₹1.4t | ₹1.3t | ₹31.4b | 56.2x | 44.2x | 1.1x |
| Sat, 23 Mar 2024 | ₹1.2t | ₹1.3t | ₹31.4b | 51.2x | 39.3x | 1x |
| Mon, 19 Feb 2024 | ₹1.3t | ₹1.3t | ₹31.4b | 52.1x | 40.6x | 1x |
| Wed, 17 Jan 2024 | ₹1.2t | ₹1.1t | ₹29.7b | 56x | 40.1x | 1.1x |
| Fri, 15 Dec 2023 | ₹1.2t | ₹1.1t | ₹29.7b | 53.1x | 38.7x | 1x |
| Sun, 12 Nov 2023 | ₹1.1t | ₹1.1t | ₹29.2b | 55.8x | 38.1x | 1x |
| Tue, 10 Oct 2023 | ₹1.1t | ₹1.1t | ₹29.9b | 51.4x | 38.2x | 1x |
| Thu, 07 Sep 2023 | ₹1.1t | ₹1.1t | ₹29.5b | 57.9x | 37.1x | 1x |
| Sat, 05 Aug 2023 | ₹1.0t | ₹1.1t | ₹28.7b | 55x | 35.3x | 0.9x |
Price to Earnings Ratio
35.3x
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 47.7x which is higher than its 3-year average PE of 43.9x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 19% 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 | -1.12% | |
| Tech | 3.73% | |
| Electronic Equipment and Components | -0.90% | |
| Technology Distributors | 2.94% | |
| Electronic Equipment and Instruments | -0.68% | |
| Electronic Manufacturing Services | -2.26% | |
| Electronic Components | -3.22% | |
Industry PE
- Investors are most optimistic about the Electronic Manufacturing Services industry even though it's trading below its 3-year average PE ratio of 87.7x.
- Analysts are expecting annual earnings growth of 28.1%, which is lower than the prior year's growth of 52.3% 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 16.5x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 28% over the next 5 years.
- However this is lower than its past earnings growth rate of 52% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| KAYNES Kaynes Technology India | ₹3.64k | 11.9% +₹25.9b | -35.5% | PE67x | |
| 517174 Honeywell Automation India | ₹40.03k | 5.1% +₹17.1b | 3.5% | PE67.4x | |
| REDINGTON Redington | ₹287.45 | 8.1% +₹16.9b | 8.3% | PE15.1x | |
| 533581 PG Electroplast | ₹612.60 | 6.5% +₹10.7b | -23.9% | PE89x | |
| 504375 IDream Film Infrastructure | ₹640.00 | 3.4% +₹5.8b | 340.8% | n/a |
