Analysis Article • May 14
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- 7D-6.0%
- 3M4.2%
- 1Y-15.1%
- YTD5.3%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 2.0%, driven by a pullback from Kaynes Technology India of 24%. Overall the industry is down 12% in 12 months. As for the next few years, earnings are expected to grow by 26% 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 |
|---|---|---|---|---|---|---|
| Fri, 15 May 2026 | ₹1.9t | ₹1.7t | ₹53.7b | 34.7x | 36.1x | 1.1x |
| Sun, 12 Apr 2026 | ₹1.8t | ₹1.7t | ₹53.8b | 28.9x | 33.4x | 1x |
| Tue, 10 Mar 2026 | ₹1.6t | ₹1.7t | ₹53.5b | 25.3x | 30.5x | 1x |
| Thu, 05 Feb 2026 | ₹1.8t | ₹1.7t | ₹51.7b | 29.1x | 34.6x | 1.1x |
| Sat, 03 Jan 2026 | ₹1.8t | ₹1.6t | ₹50.0b | 34.1x | 35.8x | 1.1x |
| Mon, 01 Dec 2025 | ₹2.0t | ₹1.6t | ₹50.0b | 39.9x | 39.1x | 1.2x |
| Wed, 29 Oct 2025 | ₹2.0t | ₹1.6t | ₹49.4b | 39.8x | 41.1x | 1.3x |
| Fri, 26 Sep 2025 | ₹2.1t | ₹1.6t | ₹49.0b | 41.2x | 42.5x | 1.3x |
| Sun, 24 Aug 2025 | ₹2.0t | ₹1.6t | ₹48.9b | 43.4x | 40.1x | 1.2x |
| Tue, 22 Jul 2025 | ₹1.9t | ₹1.5t | ₹43.1b | 41.9x | 44.2x | 1.3x |
| Thu, 19 Jun 2025 | ₹1.8t | ₹1.5t | ₹43.1b | 35.6x | 41.6x | 1.2x |
| Sat, 17 May 2025 | ₹1.8t | ₹1.4t | ₹36.5b | 47.7x | 49.2x | 1.2x |
| Mon, 14 Apr 2025 | ₹1.6t | ₹1.4t | ₹35.3b | 36.1x | 44.7x | 1.1x |
| Wed, 12 Mar 2025 | ₹1.5t | ₹1.4t | ₹35.3b | 37.3x | 42.7x | 1.1x |
| Fri, 07 Feb 2025 | ₹1.8t | ₹1.4t | ₹36.1b | 50.2x | 49.3x | 1.3x |
| Sun, 05 Jan 2025 | ₹2.2t | ₹1.4t | ₹34.8b | 62.3x | 64.5x | 1.6x |
| Tue, 03 Dec 2024 | ₹2.0t | ₹1.4t | ₹34.8b | 54.8x | 58x | 1.5x |
| Thu, 31 Oct 2024 | ₹1.8t | ₹1.4t | ₹33.5b | 52.7x | 55x | 1.4x |
| Sat, 28 Sep 2024 | ₹1.9t | ₹1.3t | ₹31.0b | 52.1x | 60.9x | 1.4x |
| Mon, 26 Aug 2024 | ₹1.9t | ₹1.3t | ₹30.9b | 45.8x | 60.5x | 1.4x |
| Wed, 24 Jul 2024 | ₹1.7t | ₹1.3t | ₹29.1b | 48.8x | 57.6x | 1.3x |
| Fri, 21 Jun 2024 | ₹1.6t | ₹1.3t | ₹28.9b | 45.7x | 55.4x | 1.2x |
| Sun, 19 May 2024 | ₹1.4t | ₹1.3t | ₹31.9b | 54.9x | 45.4x | 1.1x |
| Tue, 16 Apr 2024 | ₹1.3t | ₹1.3t | ₹31.3b | 46.9x | 42.5x | 1.1x |
| Thu, 14 Mar 2024 | ₹1.2t | ₹1.3t | ₹31.4b | 49.2x | 37.7x | 0.9x |
| Sat, 10 Feb 2024 | ₹1.3t | ₹1.1t | ₹30.3b | 51.9x | 41.7x | 1.1x |
| Mon, 08 Jan 2024 | ₹1.2t | ₹1.1t | ₹29.7b | 54.2x | 39.7x | 1.1x |
| Wed, 06 Dec 2023 | ₹1.1t | ₹1.1t | ₹29.7b | 50.5x | 38x | 1x |
| Fri, 03 Nov 2023 | ₹1.1t | ₹1.1t | ₹30.4b | 55.9x | 35.8x | 1x |
| Sun, 01 Oct 2023 | ₹1.1t | ₹1.1t | ₹29.7b | 48.8x | 37.9x | 1x |
| Tue, 29 Aug 2023 | ₹1.1t | ₹1.1t | ₹29.5b | 57x | 36.3x | 1x |
| Thu, 27 Jul 2023 | ₹1.0t | ₹1.0t | ₹28.9b | 43.3x | 35.3x | 1x |
| Sat, 24 Jun 2023 | ₹905.1b | ₹1.0t | ₹30.0b | 40.6x | 30.2x | 0.9x |
| Mon, 22 May 2023 | ₹797.5b | ₹1.0t | ₹25.8b | 30.1x | 30.9x | 0.8x |
Price to Earnings Ratio
30.9x
Current Industry PE
- Investors are pessimistic on the Indian Electronic industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 36.9x which is lower than its 3-year average PE of 43.1x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 28% 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 | -2.65% | |
| Tech | -5.48% | |
| Electronic Equipment and Components | -6.01% | |
| Technology Distributors | -2.41% | |
| Electronic Equipment and Instruments | -2.50% | |
| Electronic Components | -2.89% | |
| Electronic Manufacturing Services | -10.22% | |
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 87.3x.
- Analysts are expecting annual earnings growth of 26.7%, which is lower than the prior year's growth of 59.6% per year.
- Investors are most pessimistic about the Technology Distributors industry, which is trading below its 3-year average of 16.2x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 118% over the next 5 years.
- This is better than its past earnings growth rate of 17% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| CPPLUS Aditya Infotech | ₹2.55k | 3.4% +₹9.9b | n/a | PE118.2x | |
| SEDEMAC SEDEMAC Mechatronics | ₹2.00k | 3.5% +₹3.0b | n/a | PE188x | |
| AVALON Avalon Technologies | ₹1.27k | 1.1% +₹928.0m | 46.5% | PE75x | |
| DLINKINDIA D-Link (India) | ₹491.25 | 5.5% +₹907.1m | -1.4% | PE16.8x | |
| 517544 Centum Electronics | ₹2.99k | 1.4% +₹623.5m | 55.2% | PS3.5x |
