Be Wary Of Mycronic (STO:MYCR) And Its Returns On Capital
Jul 30
Swedish (OMX) Electronic Equipment and Components Industry Analysis
UpdatedAug 03, 2024
DataAggregated Company Financials
Companies39
- 7D-5.0%
- 3M-9.8%
- 1Y0.6%
- YTD-9.1%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.3%, driven by Hexagon declining 4.4%. On the other hand JonDeTech Sensors is actually up 71%. Over the past 12 months, the industry was up 6.0%. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Swedish Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Aug 2024 | SEK 384.3b | SEK 127.8b | SEK 11.6b | 23.9x | 33.2x | 3x |
| Mon, 01 Jul 2024 | SEK 441.9b | SEK 126.7b | SEK 11.2b | 28.1x | 39.3x | 3.5x |
| Wed, 29 May 2024 | SEK 440.3b | SEK 127.4b | SEK 11.5b | 25.1x | 38.3x | 3.5x |
| Fri, 26 Apr 2024 | SEK 435.9b | SEK 128.1b | SEK 11.9b | 25.1x | 36.5x | 3.4x |
| Sun, 24 Mar 2024 | SEK 450.9b | SEK 127.4b | SEK 11.4b | 24.6x | 39.6x | 3.5x |
| Tue, 20 Feb 2024 | SEK 420.3b | SEK 126.6b | SEK 11.8b | 32x | 35.7x | 3.3x |
| Thu, 18 Jan 2024 | SEK 396.3b | SEK 126.5b | SEK 11.4b | 29.8x | 34.8x | 3.1x |
| Sat, 16 Dec 2023 | SEK 419.3b | SEK 126.4b | SEK 11.3b | 22.2x | 37.1x | 3.3x |
| Mon, 13 Nov 2023 | SEK 334.5b | SEK 129.0b | SEK 11.7b | 16x | 28.6x | 2.6x |
| Wed, 11 Oct 2023 | SEK 353.2b | SEK 128.0b | SEK 13.7b | 15.7x | 25.8x | 2.8x |
| Fri, 08 Sep 2023 | SEK 341.5b | SEK 130.3b | SEK 14.1b | 18x | 24.3x | 2.6x |
| Sun, 06 Aug 2023 | SEK 365.2b | SEK 128.4b | SEK 13.8b | 22.3x | 26.5x | 2.8x |
| Tue, 04 Jul 2023 | SEK 446.6b | SEK 127.4b | SEK 14.2b | 22.8x | 31.5x | 3.5x |
| Thu, 01 Jun 2023 | SEK 433.3b | SEK 126.1b | SEK 14.1b | 24.5x | 30.7x | 3.4x |
| Sat, 29 Apr 2023 | SEK 406.1b | SEK 122.1b | SEK 13.0b | 26x | 31.2x | 3.3x |
| Mon, 27 Mar 2023 | SEK 385.2b | SEK 121.3b | SEK 13.0b | 24.9x | 29.7x | 3.2x |
| Wed, 22 Feb 2023 | SEK 394.9b | SEK 95.8b | SEK 12.4b | 28.3x | 31.8x | 4.1x |
| Fri, 20 Jan 2023 | SEK 391.4b | SEK 92.9b | SEK 11.2b | 29.1x | 34.9x | 4.2x |
| Sun, 18 Dec 2022 | SEK 380.1b | SEK 92.1b | SEK 11.1b | 28.1x | 34.3x | 4.1x |
| Tue, 15 Nov 2022 | SEK 405.8b | SEK 91.1b | SEK 11.0b | 24.8x | 37x | 4.5x |
| Thu, 13 Oct 2022 | SEK 335.3b | SEK 87.6b | SEK 10.6b | 23x | 31.6x | 3.8x |
| Sat, 10 Sep 2022 | SEK 373.4b | SEK 86.1b | SEK 10.4b | 23.9x | 36.1x | 4.3x |
| Mon, 08 Aug 2022 | SEK 384.5b | SEK 84.5b | SEK 10.2b | 25.8x | 37.5x | 4.5x |
| Wed, 06 Jul 2022 | SEK 343.8b | SEK 82.8b | SEK 9.9b | 25.9x | 34.8x | 4.2x |
| Fri, 03 Jun 2022 | SEK 391.0b | SEK 81.4b | SEK 9.6b | 29.4x | 40.5x | 4.8x |
| Sun, 01 May 2022 | SEK 423.9b | SEK 77.9b | SEK 9.9b | 28.1x | 42.7x | 5.4x |
| Tue, 29 Mar 2022 | SEK 441.2b | SEK 77.6b | SEK 10.2b | 27.5x | 43.2x | 5.7x |
| Thu, 24 Feb 2022 | SEK 409.6b | SEK 77.9b | SEK 10.2b | 33.4x | 40.1x | 5.3x |
| Sat, 22 Jan 2022 | SEK 419.3b | SEK 73.7b | SEK 10.3b | 35x | 40.8x | 5.7x |
| Mon, 20 Dec 2021 | SEK 460.5b | SEK 73.0b | SEK 10.1b | 36x | 45.5x | 6.3x |
| Wed, 17 Nov 2021 | SEK 472.5b | SEK 72.1b | SEK 10.0b | 37.7x | 47.1x | 6.5x |
| Fri, 15 Oct 2021 | SEK 474.8b | SEK 69.5b | SEK 9.8b | 32.9x | 48.5x | 6.8x |
| Sun, 12 Sep 2021 | SEK 483.1b | SEK 70.1b | SEK 9.9b | 31.5x | 48.8x | 6.9x |
| Tue, 10 Aug 2021 | SEK 470.5b | SEK 70.1b | SEK 9.9b | 27.3x | 47.5x | 6.7x |
Price to Earnings Ratio
47.5x
Current Industry PE
- Investors are relatively neutral on the Swedish 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 36.6x.
- The 3-year average PS ratio of 4.3x is higher than the industry's current PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 5.4% per year over the last three years.
- Revenues for these companies have grown 22% 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 Swedish Tech industry?
| SE Market | -4.24% | |
| Tech | -3.77% | |
| Electronic Equipment and Components | -4.99% | |
| Technology Distributors | -3.16% | |
| Electronic Equipment and Instruments | -4.92% | |
| Electronic Manufacturing Services | -6.34% | |
| Electronic Components | -6.98% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry, which is trading close to its 3-year average PE ratio of 53.3x.
- Analysts are expecting annual earnings growth of 22.0%, which is higher than its past year's earnings decline of 21.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Technology Distributors industry, expecting annual earnings growth of 62% over the next 5 years.
- This is better than its past earnings growth rate of 4.9% per year.
- In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| JDT JonDeTech Sensors | SEK 3.00 | 71.4% +SEK 21.3m | -87.3% | PS6x | |
| REALFI Realfiction Holding | SEK 14.44 | 3.3% +SEK 9.1m | -25.8% | PS15.6x | |
| BPCINS BPC Instruments | SEK 41.70 | 2.0% +SEK 8.4m | 78.2% | PE32.3x | |
| UNIBAP Unibap | SEK 3.44 | 4.6% +SEK 6.2m | -56.9% | PS1.5x | |
| OURLIV OurLiving | SEK 0.22 | 51.7% +SEK 5.7m | -65.6% | PS0.8x |
