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U.S. Heavy Electrical Equipment Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies21
- 7D2.0%
- 3M44.1%
- 1Y87.7%
- YTDn/a
Over the last 7 days, the Heavy Electrical Equipment industry has risen 2.0%, driven by gains from GE Vernova of 3.2%. Meanwhile, Bloom Energy actually underperformed within the industry, shrinking 5.7% in the last week. This means that the industry has gained 88% over the past year. Looking forward, earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the U.S. Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | US$105.4b | US$36.5b | US$971.5m | 43.9x | 108.5x | 2.9x |
| Mon, 18 Nov 2024 | US$106.1b | US$36.5b | US$968.7m | 12.7x | 109.6x | 2.9x |
| Wed, 16 Oct 2024 | US$83.7b | US$36.1b | US$710.8m | 9.3x | 117.7x | 2.3x |
| Fri, 13 Sep 2024 | US$66.4b | US$36.1b | US$711.3m | 7.6x | 93.4x | 1.8x |
| Sun, 11 Aug 2024 | US$58.3b | US$35.7b | US$563.0m | 6.8x | 103.6x | 1.6x |
| Tue, 09 Jul 2024 | US$57.2b | US$35.6b | -US$866,333,490.00 | 8.3x | -66.1x | 1.6x |
| Thu, 06 Jun 2024 | US$54.2b | US$35.6b | -US$808,973,419.00 | 10.2x | -66.9x | 1.5x |
| Sat, 04 May 2024 | US$48.8b | US$35.6b | -US$825,912,218.00 | 6.8x | -59.1x | 1.4x |
| Mon, 01 Apr 2024 | US$18.6b | US$2.0b | -US$571,101,218.00 | 6.7x | -32.7x | 9.4x |
| Wed, 28 Feb 2024 | US$16.7b | US$1.9b | -US$612,039,218.00 | 14.7x | -27.3x | 8.6x |
| Fri, 26 Jan 2024 | US$30.3b | US$14.6b | -US$2,458,191,419.00 | 14x | -12.3x | 2.1x |
| Sun, 24 Dec 2023 | US$28.9b | US$14.6b | -US$2,458,191,419.00 | 16.3x | -11.7x | 2x |
| Tue, 21 Nov 2023 | US$28.3b | US$14.6b | -US$2,454,725,201.00 | 13.6x | -11.5x | 1.9x |
| Thu, 19 Oct 2023 | US$26.1b | US$14.3b | -US$2,359,459,201.00 | 2x | -11x | 1.8x |
| Sat, 16 Sep 2023 | US$30.1b | US$14.3b | -US$2,359,459,201.00 | 2.2x | -12.8x | 2.1x |
| Mon, 14 Aug 2023 | US$30.0b | US$14.3b | -US$2,238,722,201.00 | 2.2x | -13.4x | 2.1x |
| Wed, 12 Jul 2023 | US$21.8b | US$14.2b | -US$2,180,983,201.00 | 2.2x | -10x | 1.5x |
| Fri, 09 Jun 2023 | US$19.3b | US$14.3b | -US$2,125,942,653.00 | 2.2x | -9.1x | 1.4x |
| Sun, 07 May 2023 | US$19.4b | US$14.2b | -US$2,137,484,773.00 | 271.8x | -9.1x | 1.4x |
| Tue, 04 Apr 2023 | US$19.8b | US$14.0b | -US$2,113,748,115.00 | 2.6x | -9.4x | 1.4x |
| Thu, 02 Mar 2023 | US$8.4b | US$3.0b | -US$570,482,893.00 | 2.6x | -14.8x | 2.8x |
| Sat, 28 Jan 2023 | US$10.6b | US$4.6b | -US$521,071,027.00 | 6x | -20.3x | 2.3x |
| Mon, 26 Dec 2022 | US$8.4b | US$4.4b | -US$522,791,027.00 | 5.7x | -16x | 1.9x |
| Wed, 23 Nov 2022 | US$9.4b | US$4.4b | -US$524,632,305.00 | 9.4x | -17.9x | 2.2x |
| Fri, 21 Oct 2022 | US$5.0b | US$3.2b | -US$221,682,078.00 | 8.4x | -22.4x | 1.5x |
| Sun, 18 Sep 2022 | US$5.9b | US$3.0b | -US$233,506,078.00 | 9.4x | -25.2x | 2x |
| Tue, 16 Aug 2022 | US$6.9b | US$3.0b | -US$260,184,078.00 | 10.4x | -26.4x | 2.3x |
| Thu, 14 Jul 2022 | US$8.5b | US$4.8b | -US$465,868,992.00 | 15.5x | -18.3x | 1.8x |
| Sat, 11 Jun 2022 | US$9.1b | US$4.7b | -US$467,628,732.00 | 18x | -19.5x | 2x |
| Mon, 09 May 2022 | US$9.4b | US$4.6b | -US$479,172,505.00 | 18x | -19.5x | 2x |
| Wed, 06 Apr 2022 | US$10.3b | US$4.6b | -US$300,383,819.00 | 14.9x | -34.1x | 2.2x |
| Fri, 04 Mar 2022 | US$8.4b | US$4.5b | -US$291,418,958.00 | 14.8x | -28.8x | 1.9x |
| Sun, 30 Jan 2022 | US$2.8b | US$3.6b | -US$27,935,364.00 | 10.5x | -98.8x | 0.8x |
| Tue, 28 Dec 2021 | US$3.4b | US$3.6b | -US$29,317,364.00 | 12.8x | -117.2x | 0.9x |
Price to Earnings Ratio
-117.2x
Current Industry PE
- Investors are optimistic on the American Heavy Electrical Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 109x which is higher than its 3-year average PE of -11.2x.
- The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- Total earnings for the Heavy Electrical Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 116% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does U.S. Heavy Electrical Equipment compare with similar industries?
| US Market | -2.39% | |
| Industrials | -3.51% | |
| Electrical | -3.40% | |
| Heavy Electrical Equipment | 2.04% | |
| Electrical Components | -4.67% | |
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 | |
|---|---|---|---|---|---|
| GEV GE Vernova | US$342.66 | 3.2% +US$2.9b | n/a | PE74.7x | |
| TPIC TPI Composites | US$2.40 | 95.1% +US$55.6m | -41.7% | PS0.09x | |
| NNE NANO Nuclear Energy | US$25.19 | 1.0% +US$8.8m | n/a | PB67.9x | |
| OPTT Ocean Power Technologies | US$0.34 | -0.9% US$6.2m | -3.6% | PS6.9x | |
| BWEN Broadwind | US$1.85 | 3.4% +US$1.3m | -34.6% | PE13x |
