Narrative Update • Jul 01
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- 7D0.8%
- 3M48.6%
- 1Y-1.5%
- YTD32.8%
The Electronic Equipment and Components is pretty flat in the last 7 days, but SEDEMAC Mechatronics has stood out, gaining 7.5%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 24% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 05 Jul 2026 | ₹2.5t | ₹1.8t | ₹53.9b | 35.7x | 45.5x | 1.3x |
| Tue, 02 Jun 2026 | ₹2.1t | ₹1.8t | ₹53.7b | 29.1x | 38.7x | 1.1x |
| Thu, 30 Apr 2026 | ₹2.0t | ₹1.7t | ₹53.7b | 33.3x | 36.9x | 1.2x |
| Sat, 28 Mar 2026 | ₹1.7t | ₹1.7t | ₹53.7b | 23.5x | 30.9x | 1x |
| Mon, 23 Feb 2026 | ₹1.7t | ₹1.7t | ₹53.5b | 27x | 32.4x | 1x |
| Wed, 21 Jan 2026 | ₹1.6t | ₹1.6t | ₹50.3b | 30.8x | 32.7x | 1x |
| Fri, 19 Dec 2025 | ₹1.8t | ₹1.6t | ₹50.0b | 36.3x | 35.2x | 1.1x |
| Sun, 16 Nov 2025 | ₹2.1t | ₹1.6t | ₹52.0b | 39.4x | 39.6x | 1.3x |
| Tue, 14 Oct 2025 | ₹2.1t | ₹1.6t | ₹49.0b | 37.9x | 42.1x | 1.3x |
| Thu, 11 Sep 2025 | ₹2.0t | ₹1.6t | ₹49.0b | 39.5x | 41.4x | 1.3x |
| Sat, 09 Aug 2025 | ₹1.7t | ₹1.5t | ₹44.2b | 40.2x | 39.4x | 1.1x |
| Mon, 07 Jul 2025 | ₹1.9t | ₹1.5t | ₹43.1b | 39.1x | 44.2x | 1.3x |
| Wed, 04 Jun 2025 | ₹1.8t | ₹1.5t | ₹43.1b | 35.8x | 41.6x | 1.2x |
| Fri, 02 May 2025 | ₹1.7t | ₹1.4t | ₹35.7b | 36.9x | 46.5x | 1.2x |
| Sun, 30 Mar 2025 | ₹1.6t | ₹1.4t | ₹35.3b | 37.7x | 44.2x | 1.1x |
| Tue, 25 Feb 2025 | ₹1.6t | ₹1.4t | ₹37.3b | 43.2x | 43.2x | 1.1x |
| Thu, 23 Jan 2025 | ₹1.9t | ₹1.4t | ₹34.8b | 56.4x | 54.3x | 1.4x |
| Sat, 21 Dec 2024 | ₹2.2t | ₹1.4t | ₹34.8b | 60.9x | 62.4x | 1.6x |
| Mon, 18 Nov 2024 | ₹1.9t | ₹1.4t | ₹34.7b | 60.7x | 53.5x | 1.4x |
| Wed, 16 Oct 2024 | ₹1.9t | ₹1.3t | ₹32.4b | 51.5x | 59.4x | 1.5x |
| Fri, 13 Sep 2024 | ₹1.9t | ₹1.3t | ₹30.8b | 53.5x | 60x | 1.4x |
| Sun, 11 Aug 2024 | ₹1.7t | ₹1.3t | ₹30.6b | 49.5x | 56.3x | 1.3x |
| Tue, 09 Jul 2024 | ₹1.7t | ₹1.3t | ₹29.1b | 49x | 59.7x | 1.3x |
| Thu, 06 Jun 2024 | ₹1.4t | ₹1.3t | ₹28.9b | 43.1x | 48.2x | 1.1x |
| Sat, 04 May 2024 | ₹1.4t | ₹1.3t | ₹31.4b | 53.6x | 43.9x | 1.1x |
| Mon, 01 Apr 2024 | ₹1.3t | ₹1.3t | ₹31.4b | 48.9x | 40x | 1x |
| Wed, 28 Feb 2024 | ₹1.3t | ₹1.3t | ₹31.4b | 54.6x | 41.5x | 1x |
| Fri, 26 Jan 2024 | ₹1.2t | ₹1.1t | ₹29.9b | 55.3x | 40.8x | 1.1x |
| Sun, 24 Dec 2023 | ₹1.2t | ₹1.1t | ₹29.7b | 53.1x | 39.5x | 1x |
| Tue, 21 Nov 2023 | ₹1.1t | ₹1.1t | ₹30.0b | 43x | 37.8x | 1x |
| Thu, 19 Oct 2023 | ₹1.1t | ₹1.1t | ₹29.9b | 50.5x | 38.4x | 1x |
| Sat, 16 Sep 2023 | ₹1.1t | ₹1.1t | ₹29.7b | 48.4x | 37.1x | 1x |
| Mon, 14 Aug 2023 | ₹1.0t | ₹1.1t | ₹29.3b | 44.3x | 34.5x | 0.9x |
| Wed, 12 Jul 2023 | ₹1.0t | ₹1.0t | ₹30.3b | 45.8x | 33.3x | 1x |
Price to Earnings Ratio
33.3x
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 43.6x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 21% 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 | 0.95% | |
| Tech | 0.10% | |
| Electronic Equipment and Components | 0.77% | |
| Electronic Manufacturing Services | 1.37% | |
| Electronic Equipment and Instruments | 1.16% | |
| Electronic Components | -0.11% | |
| Technology Distributors | -1.60% | |
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 87.6x.
- Analysts are expecting annual earnings growth of 26.4%, which is lower than the prior year's growth of 58.9% 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 16.4x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 26% over the next 5 years.
- However this is lower than its past earnings growth rate of 59% 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 | |
|---|---|---|---|---|---|
| SEDEMAC SEDEMAC Mechatronics | ₹2.87k | 7.5% +₹8.8b | n/a | PE122.2x | |
| KERNEX Kernex Microsystems (India) | ₹2.38k | 16.9% +₹5.8b | 103.2% | PE45.2x | |
| 533581 PG Electroplast | ₹562.40 | 3.0% +₹4.7b | -25.5% | PE81.7x | |
| KAYNES Kaynes Technology India | ₹3.33k | 2.1% +₹4.6b | -45.8% | PE61.4x | |
| 530135 Optiemus Infracom | ₹520.15 | 10.8% +₹4.5b | -16.6% | PE69.9x |
