Italian (Borsa Italiana) Electronic Equipment and Components Industry Analysis

Industry Valuation and Performance

Has the Italian Electronic Equipment and Components Industry valuation changed over the past few years?

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 22.2x which is higher than its 3-year average PE of 15.1x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Electronic industry have grown 32% per year over the last three years, and revenues for these companies have grown 9.6% 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 Italian Electronic Equipment and Components industry?

Industry PE: Investors are most optimistic about the Electronic Equipment and Instruments industry even though it's trading below its 3-year average PE ratio of 26.8x. However analysts are expecting annual earnings growth of 26%, which is lower than the prior year's growth of 174% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Electronic Components industry, which is trading below its 3-year average of 14.3x.

Forecasted Growth: Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 26% over the next 5 years. However this is lower than its past earnings growth rate of 174% per year. Meanwhile, the Electronic Components industry is expected to see its earnings grow by 2.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?