Is VOXX International (NASDAQ:VOXX) A Risky Investment?
Jun 07
U.S. Consumer Electronics Industry Analysis
UpdatedJun 08, 2023
DataAggregated Company Financials
Companies20
- 7D3.6%
- 3M2.3%
- 1Y-6.5%
- YTD9.2%
Over the last 7 days, the Consumer Electronics industry has risen 3.6%, driven by gains from Garmin of 2.7%. In contrast, the industry has lost 6.5% in the last 12 months. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the U.S. Consumer Electronics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Jun 2023 | US$25.7b | US$11.5b | US$802.5m | 21x | 32x | 2.2x |
| Sat, 06 May 2023 | US$26.4b | US$11.8b | US$901.6m | 22.1x | 29.3x | 2.2x |
| Mon, 03 Apr 2023 | US$25.9b | US$11.9b | US$969.4m | 27x | 26.7x | 2.2x |
| Wed, 01 Mar 2023 | US$25.7b | US$12.0b | US$948.7m | 27.9x | 27.1x | 2.1x |
| Fri, 27 Jan 2023 | US$25.5b | US$12.2b | US$1.0b | 19.5x | 24.4x | 2.1x |
| Sun, 25 Dec 2022 | US$23.3b | US$12.2b | US$1.0b | 18.1x | 23.1x | 1.9x |
| Tue, 22 Nov 2022 | US$23.9b | US$12.2b | US$1.0b | 17.9x | 23.7x | 2x |
| Thu, 20 Oct 2022 | US$22.0b | US$12.5b | US$1.3b | 15.4x | 16.4x | 1.8x |
| Sat, 17 Sep 2022 | US$23.4b | US$12.5b | US$1.4b | 16.3x | 17.3x | 1.9x |
| Mon, 15 Aug 2022 | US$27.3b | US$12.5b | US$1.4b | 19x | 20.1x | 2.2x |
| Wed, 13 Jul 2022 | US$26.3b | US$12.5b | US$1.4b | 18.3x | 18.3x | 2.1x |
| Fri, 10 Jun 2022 | US$27.1b | US$12.5b | US$1.4b | 18.3x | 18.8x | 2.2x |
| Sun, 08 May 2022 | US$27.8b | US$12.4b | US$1.5b | 18.7x | 18.9x | 2.2x |
| Tue, 05 Apr 2022 | US$32.0b | US$12.3b | US$1.5b | 22.6x | 21.7x | 2.6x |
| Thu, 03 Mar 2022 | US$32.3b | US$12.4b | US$1.5b | 23.8x | 21x | 2.6x |
| Sat, 29 Jan 2022 | US$32.8b | US$12.3b | US$1.6b | 19x | 20.5x | 2.7x |
| Mon, 27 Dec 2021 | US$38.1b | US$12.3b | US$1.6b | 22.8x | 23.2x | 3.1x |
| Wed, 24 Nov 2021 | US$40.3b | US$12.3b | US$1.6b | 22.8x | 24.5x | 3.3x |
| Fri, 22 Oct 2021 | US$44.0b | US$12.1b | US$1.5b | 23.9x | 29.3x | 3.6x |
| Sun, 19 Sep 2021 | US$45.3b | US$12.1b | US$1.5b | 26.1x | 30.1x | 3.7x |
| Tue, 17 Aug 2021 | US$45.6b | US$12.3b | US$1.5b | 23.6x | 30.1x | 3.7x |
| Tue, 01 Jun 2021 | US$40.3b | US$10.6b | US$1.3b | 17.3x | 31.3x | 3.8x |
| Fri, 05 Mar 2021 | US$32.2b | US$7.9b | US$1.0b | 19.7x | 31.6x | 4.1x |
| Mon, 07 Dec 2020 | US$27.2b | US$7.7b | US$991.1m | 15.8x | 27.5x | 3.5x |
| Thu, 10 Sep 2020 | US$23.0b | US$7.3b | US$757.3m | 14.2x | 30.4x | 3.2x |
Price to Earnings Ratio
29.4x
Current Industry PE
- Investors are optimistic on the American Consumer Electronics industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.0x which is higher than its 3-year average PE of 25.5x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Consumer Electronics industry have grown 2.6% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Consumer Electronics compare with similar industries?
| US Market | 2.58% | |
| Consumer Discretionary | 5.00% | |
| Consumer Durables | 8.12% | |
| Consumer Electronics | 3.61% | |
| Household Appliances | 15.51% | |
| Home Furnishings | 8.80% | |
| Homebuilding | 8.19% | |
| Housewares and Specialties | 7.32% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GRMN Garmin | US$105.94 | 2.7% +US$533.7m | 2.3% | PE21x | |
| SONO Sonos | US$15.90 | 9.4% +US$175.8m | -28.6% | PS1.2x | |
| VZIO VIZIO Holding | US$6.87 | 5.2% +US$66.5m | -26.7% | PE135.6x | |
| SNPO Snap One Holdings | US$9.48 | 7.4% +US$49.5m | -24.2% | PS0.7x | |
| VOXX VOXX International | US$11.45 | 18.3% +US$41.0m | 27.2% | PS0.5x |
