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U.S. Electrical Industry Analysis
UpdatedNov 30, 2022
DataAggregated Company Financials
Companies134
- 7D-2.3%
- 3M1.4%
- 1Y-21.3%
- YTD-19.2%
Over the last 7 days, the Electrical industry has dropped 2.3%, driven by a pullback from Eaton of 2.6%. In contrast, Fluence Energy has gained 8.5%. Overall the industry is down 21% in 12 months. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the U.S. Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 30 Nov 2022 | US$305.4b | US$113.4b | US$8.7b | 19.3x | 35.2x | 2.7x |
| Fri, 28 Oct 2022 | US$283.4b | US$109.1b | US$8.5b | 19.9x | 33.2x | 2.6x |
| Sun, 25 Sep 2022 | US$272.8b | US$107.9b | US$8.4b | 19.4x | 32.4x | 2.5x |
| Tue, 23 Aug 2022 | US$298.0b | US$106.2b | US$8.6b | 22x | 34.8x | 2.8x |
| Thu, 21 Jul 2022 | US$271.7b | US$105.1b | US$7.5b | 17.9x | 36x | 2.6x |
| Sat, 18 Jun 2022 | US$252.8b | US$104.8b | US$7.5b | 18.6x | 33.6x | 2.4x |
| Mon, 16 May 2022 | US$270.6b | US$104.5b | US$7.7b | 19.3x | 35.2x | 2.6x |
| Wed, 13 Apr 2022 | US$297.7b | US$99.5b | US$7.5b | 20x | 39.9x | 3x |
| Fri, 11 Mar 2022 | US$311.9b | US$99.2b | US$7.6b | 22x | 40.8x | 3.1x |
| Sun, 06 Feb 2022 | US$300.9b | US$95.9b | US$8.2b | 21x | 36.6x | 3.1x |
| Tue, 04 Jan 2022 | US$344.6b | US$94.3b | US$7.5b | 24.5x | 45.9x | 3.7x |
| Thu, 02 Dec 2021 | US$357.4b | US$95.0b | US$7.8b | 23.3x | 45.7x | 3.8x |
| Sat, 30 Oct 2021 | US$341.8b | US$90.8b | US$8.5b | 23.6x | 40.2x | 3.8x |
| Mon, 27 Sep 2021 | US$310.1b | US$89.1b | US$8.0b | 23x | 38.8x | 3.5x |
| Wed, 25 Aug 2021 | US$326.2b | US$89.4b | US$7.9b | 24.1x | 41.3x | 3.6x |
| Thu, 01 Jul 2021 | US$312.0b | US$89.0b | US$7.9b | 24.5x | 39.6x | 3.5x |
| Sun, 04 Apr 2021 | US$284.7b | US$82.6b | US$6.9b | 27x | 41.1x | 3.4x |
| Wed, 06 Jan 2021 | US$251.5b | US$81.7b | US$6.0b | 29.1x | 42x | 3.1x |
| Sat, 10 Oct 2020 | US$201.1b | US$81.7b | US$5.9b | 24.3x | 33.9x | 2.5x |
| Fri, 03 Jul 2020 | US$171.1b | US$83.3b | US$6.1b | 21.1x | 28.2x | 2.1x |
| Mon, 06 Apr 2020 | US$136.3b | US$88.4b | US$7.2b | 15x | 18.9x | 1.5x |
| Thu, 09 Jan 2020 | US$186.3b | US$85.3b | US$7.9b | 21.5x | 23.5x | 2.2x |
Price to Earnings Ratio
21.7x
Current Industry PE
- Investors are relatively neutral on the American Electrical 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 35.6x.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 10% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | -0.94% | |
| Industrials | -0.66% | |
| Electrical | -2.27% | |
| Electrical Components | -2.22% | |
| Heavy Electrical Equipment | -3.78% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 34.3x.
- Analysts are expecting annual earnings growth of 11.3%, which is lower than the prior year's growth of 23.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 5.6% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| FLNC Fluence Energy | US$16.29 | 8.5% +US$147.5m | -48.6% | PS2x | |
| ENVX Enovix | US$12.25 | 2.9% +US$55.0m | -65.0% | PS376.8x | |
| SES SES AI | US$4.81 | 2.8% +US$45.5m | -52.8% | PB4.3x | |
| HTOO Fusion Fuel Green | US$5.94 | 42.1% +US$24.1m | -47.4% | PE3.3x | |
| LYTS LSI Industries | US$11.65 | 6.0% +US$17.7m | 64.1% | PE17.2x |
