Be Wary Of Sensata Technologies Holding (NYSE:ST) And Its Returns On Capital
May 22
U.S. Electrical Industry Analysis
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies130
- 7D0.5%
- 3M13.1%
- 1Y35.8%
- YTD18.4%
Over the last 7 days, the Electrical industry has remained flat, although notably Vertiv Holdings Co declined by 5.2%. The past year has been better, since the industry has gained 36% in that time. Looking forward, earnings are forecast to grow by 19% 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 |
|---|---|---|---|---|---|---|
| Thu, 23 May 2024 | US$490.3b | US$160.8b | US$7.8b | 21x | 62.8x | 3x |
| Sat, 20 Apr 2024 | US$457.6b | US$159.1b | US$7.5b | 20.1x | 61.1x | 2.9x |
| Mon, 18 Mar 2024 | US$433.2b | US$126.0b | US$7.9b | 20.8x | 54.6x | 3.4x |
| Wed, 14 Feb 2024 | US$410.3b | US$130.3b | US$9.6b | 19x | 43x | 3.1x |
| Fri, 12 Jan 2024 | US$393.1b | US$139.2b | US$7.9b | 19x | 49.5x | 2.8x |
| Sun, 10 Dec 2023 | US$370.5b | US$139.3b | US$7.9b | 19.4x | 46.7x | 2.7x |
| Tue, 07 Nov 2023 | US$357.2b | US$145.7b | US$9.9b | 17.5x | 36.3x | 2.5x |
| Thu, 05 Oct 2023 | US$372.8b | US$144.1b | US$11.5b | 18.6x | 32.5x | 2.6x |
| Sat, 02 Sep 2023 | US$407.1b | US$144.2b | US$11.6b | 20.7x | 35.1x | 2.8x |
| Mon, 31 Jul 2023 | US$367.7b | US$131.1b | US$7.8b | 25.8x | 47.3x | 2.8x |
| Wed, 28 Jun 2023 | US$355.1b | US$131.1b | US$7.6b | 26.3x | 46.8x | 2.7x |
| Fri, 26 May 2023 | US$309.0b | US$130.9b | US$7.7b | 22.2x | 39.9x | 2.4x |
| Sun, 23 Apr 2023 | US$307.9b | US$128.2b | US$7.7b | 19.4x | 39.8x | 2.4x |
| Tue, 21 Mar 2023 | US$306.4b | US$127.6b | US$7.8b | 19x | 39.4x | 2.4x |
| Thu, 16 Feb 2023 | US$320.9b | US$114.1b | US$8.7b | 20.8x | 37x | 2.8x |
| Sat, 14 Jan 2023 | US$316.4b | US$114.1b | US$8.8b | 20.7x | 36.1x | 2.8x |
| Mon, 12 Dec 2022 | US$299.5b | US$113.5b | US$8.7b | 18.2x | 34.5x | 2.6x |
| Wed, 09 Nov 2022 | US$290.8b | US$112.4b | US$8.6b | 20.4x | 33.8x | 2.6x |
| Fri, 07 Oct 2022 | US$285.3b | US$108.1b | US$8.5b | 20.2x | 33.8x | 2.6x |
| Sun, 04 Sep 2022 | US$286.7b | US$107.8b | US$8.4b | 20.2x | 34.2x | 2.7x |
| Tue, 02 Aug 2022 | US$299.4b | US$105.6b | US$7.6b | 18.7x | 39.6x | 2.8x |
| Thu, 30 Jun 2022 | US$254.9b | US$104.8b | US$7.5b | 17.5x | 33.9x | 2.4x |
| Sat, 28 May 2022 | US$286.3b | US$104.8b | US$7.5b | 20x | 38x | 2.7x |
| Mon, 25 Apr 2022 | US$291.6b | US$99.6b | US$7.5b | 20.2x | 39.1x | 2.9x |
| Wed, 23 Mar 2022 | US$324.8b | US$99.3b | US$7.6b | 21.5x | 42.5x | 3.3x |
| Fri, 18 Feb 2022 | US$305.2b | US$97.5b | US$8.1b | 21.2x | 37.8x | 3.1x |
| Sun, 16 Jan 2022 | US$332.1b | US$94.4b | US$7.9b | 24.5x | 42x | 3.5x |
| Tue, 14 Dec 2021 | US$349.0b | US$94.3b | US$7.9b | 23.9x | 44.3x | 3.7x |
| Thu, 11 Nov 2021 | US$371.1b | US$92.8b | US$7.7b | 24.9x | 48.2x | 4x |
| Sat, 09 Oct 2021 | US$309.3b | US$89.2b | US$8.0b | 23.9x | 38.6x | 3.5x |
| Mon, 06 Sep 2021 | US$327.3b | US$89.4b | US$7.8b | 23.6x | 41.8x | 3.7x |
| Wed, 04 Aug 2021 | US$319.0b | US$89.4b | US$7.9b | 23.5x | 40.4x | 3.6x |
Price to Earnings Ratio
42.3x
Current Industry PE
- Investors are optimistic on the American Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 62.8x which is higher than its 3-year average PE of 40.9x.
- The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 4.2% per year over the last three years.
- Revenues for these companies have grown 25% 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 U.S. Industrials industry?
| US Market | 1.25% | |
| Industrials | -0.18% | |
| Electrical | 0.52% | |
| Electrical Components | 0.57% | |
| Heavy Electrical Equipment | 0.13% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 35.7x.
- Analysts are expecting annual earnings growth of 16.3%, which is higher than its past year's earnings growth of 13.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 41% over the next 5 years.
- This is better than its past earnings decline of 67% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| AME AMETEK | US$174.13 | 2.7% +US$1.0b | 20.7% | PE30.6x | |
| NXT Nextracker | US$53.44 | 16.2% +US$1.0b | 38.9% | PE23.8x | |
| BE Bloom Energy | US$17.00 | 32.2% +US$939.9m | 23.2% | PS3x | |
| GNRC Generac Holdings | US$151.79 | 4.6% +US$405.5m | 30.7% | PE41.2x | |
| POWL Powell Industries | US$194.69 | 16.4% +US$328.8m | 234.5% | PE22.8x |
