Lagercrantz Group AB (publ) Just Missed EPS By 9.2%: Here's What Analysts Think Will Happen Next
Jul 21
Swedish (OMX) Electronic Equipment and Components Industry Analysis
UpdatedJul 21, 2024
DataAggregated Company Financials
Companies39
- 7D-5.4%
- 3M-1.4%
- 1Y4.5%
- YTD1.4%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 5.4%, driven by Hexagon declining 5.3%. On the other hand Acconeer is actually up 18%. In the past year, the industry has gained 4.5%. As for the next few years, earnings are expected to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Sun, 21 Jul 2024 | SEK 428.4b | SEK 128.3b | SEK 11.7b | 25x | 36.7x | 3.3x |
| Tue, 18 Jun 2024 | SEK 437.8b | SEK 126.1b | SEK 11.1b | 27.3x | 39.3x | 3.5x |
| Thu, 16 May 2024 | SEK 445.3b | SEK 128.1b | SEK 11.8b | 26x | 37.8x | 3.5x |
| Sat, 13 Apr 2024 | SEK 441.2b | SEK 127.3b | SEK 11.5b | 28.4x | 38.2x | 3.5x |
| Mon, 11 Mar 2024 | SEK 437.7b | SEK 126.1b | SEK 11.2b | 24.9x | 39.1x | 3.5x |
| Wed, 07 Feb 2024 | SEK 414.0b | SEK 126.6b | SEK 11.2b | 31.5x | 37x | 3.3x |
| Fri, 05 Jan 2024 | SEK 407.4b | SEK 126.4b | SEK 11.3b | 26.5x | 36.1x | 3.2x |
| Sun, 03 Dec 2023 | SEK 366.7b | SEK 126.9b | SEK 11.4b | 17.3x | 32.2x | 2.9x |
| Tue, 31 Oct 2023 | SEK 318.3b | SEK 130.0b | SEK 11.8b | 14.9x | 27x | 2.4x |
| Thu, 28 Sep 2023 | SEK 336.8b | SEK 128.4b | SEK 13.8b | 16x | 24.4x | 2.6x |
| Sat, 26 Aug 2023 | SEK 339.4b | SEK 130.3b | SEK 14.1b | 24.3x | 24.1x | 2.6x |
| Mon, 24 Jul 2023 | SEK 393.1b | SEK 126.8b | SEK 13.8b | 24.7x | 28.4x | 3.1x |
| Wed, 21 Jun 2023 | SEK 445.5b | SEK 127.5b | SEK 14.2b | 23.6x | 31.3x | 3.5x |
| Fri, 19 May 2023 | SEK 410.8b | SEK 124.9b | SEK 13.9b | 23.9x | 29.5x | 3.3x |
| Sun, 16 Apr 2023 | SEK 409.6b | SEK 122.0b | SEK 13.0b | 28.1x | 31.4x | 3.4x |
| Tue, 14 Mar 2023 | SEK 386.5b | SEK 97.7b | SEK 12.8b | 26.7x | 30.2x | 4x |
| Thu, 09 Feb 2023 | SEK 415.3b | SEK 96.7b | SEK 12.7b | 29.8x | 32.7x | 4.3x |
| Sat, 07 Jan 2023 | SEK 380.2b | SEK 93.0b | SEK 11.2b | 28.9x | 33.9x | 4.1x |
| Mon, 05 Dec 2022 | SEK 403.8b | SEK 91.4b | SEK 11.0b | 29.3x | 36.8x | 4.4x |
| Wed, 02 Nov 2022 | SEK 364.8b | SEK 90.9b | SEK 11.0b | 25.6x | 33.3x | 4x |
| Fri, 30 Sep 2022 | SEK 332.3b | SEK 87.4b | SEK 10.6b | 21.7x | 31.4x | 3.8x |
| Sun, 28 Aug 2022 | SEK 375.1b | SEK 85.8b | SEK 10.3b | 25x | 36.4x | 4.4x |
| Tue, 26 Jul 2022 | SEK 383.5b | SEK 82.5b | SEK 9.7b | 25.8x | 39.4x | 4.6x |
| Thu, 23 Jun 2022 | SEK 357.9b | SEK 82.2b | SEK 9.8b | 26.1x | 36.6x | 4.4x |
| Sat, 21 May 2022 | SEK 383.2b | SEK 81.4b | SEK 9.8b | 28.9x | 39x | 4.7x |
| Mon, 18 Apr 2022 | SEK 438.7b | SEK 77.2b | SEK 10.1b | 29.6x | 43.3x | 5.7x |
| Wed, 16 Mar 2022 | SEK 412.5b | SEK 78.1b | SEK 10.3b | 25.6x | 40.1x | 5.3x |
| Fri, 11 Feb 2022 | SEK 432.8b | SEK 77.3b | SEK 10.2b | 33.5x | 42.6x | 5.6x |
| Sun, 09 Jan 2022 | SEK 468.6b | SEK 73.2b | SEK 10.2b | 37.7x | 46.1x | 6.4x |
| Tue, 07 Dec 2021 | SEK 447.8b | SEK 73.1b | SEK 10.1b | 34x | 44.1x | 6.1x |
| Thu, 04 Nov 2021 | SEK 474.6b | SEK 71.2b | SEK 9.9b | 34.9x | 48.1x | 6.7x |
| Sat, 02 Oct 2021 | SEK 432.3b | SEK 70.1b | SEK 9.9b | 28.2x | 43.6x | 6.2x |
| Mon, 30 Aug 2021 | SEK 483.8b | SEK 70.1b | SEK 9.9b | 29.2x | 48.8x | 6.9x |
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 3.3x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 5.6% 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 | -1.84% | |
| Tech | -2.90% | |
| Electronic Equipment and Components | -5.41% | |
| Technology Distributors | -2.38% | |
| Electronic Components | -2.96% | |
| Electronic Equipment and Instruments | -5.51% | |
| Electronic Manufacturing Services | -8.72% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 53.4x.
- Analysts are expecting annual earnings growth of 13.9%, which is higher than its past year's earnings decline of 22.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Technology Distributors industry, expecting annual earnings growth of 58% 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 14% 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 | |
|---|---|---|---|---|---|
| ACCON Acconeer | SEK 7.70 | 18.5% +SEK 66.0m | -70.1% | PS9.3x | |
| SHT B SHT Smart High-Tech | SEK 24.70 | 13.3% +SEK 65.9m | 74.6% | PS145.1x | |
| ANOT Anoto Group | SEK 0.36 | 39.2% +SEK 33.8m | -9.7% | PS2.8x | |
| FIRE Firefly | SEK 212.00 | 1.4% +SEK 18.0m | 86.8% | PE24.6x | |
| INT Intellego Technologies | SEK 29.60 | 1.0% +SEK 7.9m | -8.1% | PE9.6x |
