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U.S. Electrical Industry Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies130
  • 7D-5.4%
  • 3M0.5%
  • 1Y26.1%
  • YTD19.6%

Over the last 7 days, the Electrical industry has dropped 5.4%, driven by declines in Eaton and Emerson Electric of 6.1% and 7.0%, respectively. Meanwhile, ESS Tech actually outperformed within the industry, gaining 7.0% in the last week. This takes the industry's 12 month performance to a gain of 26%.

Industry Valuation and Performance

Has the U.S. Electrical Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021US$357.7bUS$95.0bUS$7.8b23.2x
Fri, 29 Oct 2021US$333.5bUS$90.7bUS$8.3b24x
Sun, 26 Sep 2021US$310.1bUS$89.1bUS$8.0b23x
Tue, 24 Aug 2021US$324.1bUS$89.4bUS$7.9b23.8x
Wed, 30 Jun 2021US$312.0bUS$89.0bUS$7.9b24.5x
Sat, 03 Apr 2021US$284.7bUS$82.6bUS$6.9b27x
Tue, 05 Jan 2021US$251.5bUS$81.7bUS$6.0b29.1x
Fri, 09 Oct 2020US$201.1bUS$81.7bUS$5.9b24.3x
Thu, 02 Jul 2020US$171.1bUS$83.3bUS$6.1b21.1x
Sun, 05 Apr 2020US$136.3bUS$88.4bUS$7.2b15x
Wed, 08 Jan 2020US$186.3bUS$85.3bUS$7.9b21.5x
Tue, 01 Oct 2019US$164.7bUS$85.2bUS$8.4b17.6x
Fri, 05 Jul 2019US$167.0bUS$85.0bUS$8.4b16.6x
Mon, 08 Apr 2019US$163.8bUS$84.0bUS$8.3b15.3x
Thu, 10 Jan 2019US$145.8bUS$83.1bUS$8.2b14x
PE Ratio

15.6x

Total Market Cap: US$164.6bTotal Earnings: US$7.6bTotal Revenue: US$82.7b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 21.0x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Electrical industry have remained mostly flat over the last three years, while revenues for these companies have grown 4.7% 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. Electrical industry?

Electrical Components-5.39%
Heavy Electrical Equipment-6.54%

Industry PE: Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 21.3x. However analysts are expecting annual earnings growth of 21%, which is lower than the prior year's growth of 50% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading below its 3-year average of 19.1x.

Forecasted Growth: Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 40% over the next 5 years. However this is lower than its past earnings growth rate of 303% per year. Meanwhile, the Electrical Components industry is expected to see its earnings grow by 21% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
GWH ESS Tech7.0%+US$157.6m61.9%PE-7.5x
ENVX Enovix1.8%+US$88.6mn/aPB15.7x
KULR KULR Technology Group18.9%+US$58.6m148.6%PS199.2x
PPSI Pioneer Power Solutions77.7%+US$38.6m188.9%PS4.4x
EOSE Eos Energy Enterprises7.6%+US$37.6m-27.7%PS318.5x
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Latest News

AME

US$136.50

AMETEK

7D

-4.6%

1Y

16.4%

PPSI

US$10.11

Pioneer Power Solutions

7D

77.7%

1Y

188.9%

RUN

US$46.04

Sunrun

7D

-9.1%

1Y

-26.3%