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U.S. Electrical Industry Analysis

UpdatedAug 03, 2024
DataAggregated Company Financials
Companies132
  • 7D-7.2%
  • 3M-8.2%
  • 1Y5.0%
  • YTD6.7%

Over the last 7 days, the Electrical industry has remained flat, although notably Powell Industries gained 10%. The past year has been better, since the industry has gained 5.9% in that time. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Aug 2024US$443.6bUS$151.7bUS$7.4b17.9x60.3x2.9x
Mon, 01 Jul 2024US$469.2bUS$159.5bUS$6.2b19x75.4x2.9x
Wed, 29 May 2024US$507.1bUS$159.6bUS$6.2b23.3x82.1x3.2x
Fri, 26 Apr 2024US$465.7bUS$159.2bUS$7.4b20.8x63.2x2.9x
Sun, 24 Mar 2024US$450.6bUS$126.0bUS$8.0b22x56.7x3.6x
Tue, 20 Feb 2024US$416.4bUS$129.3bUS$9.4b19.7x44.2x3.2x
Thu, 18 Jan 2024US$385.1bUS$139.2bUS$7.9b18.4x48.5x2.8x
Sat, 16 Dec 2023US$400.4bUS$139.3bUS$7.9b20.3x50.5x2.9x
Mon, 13 Nov 2023US$352.8bUS$140.3bUS$8.6b17.3x40.9x2.5x
Wed, 11 Oct 2023US$377.3bUS$144.1bUS$11.5b18.8x32.9x2.6x
Fri, 08 Sep 2023US$402.6bUS$144.2bUS$11.6b20.7x34.8x2.8x
Sun, 06 Aug 2023US$393.6bUS$144.1bUS$12.2b22x32.4x2.7x
Tue, 04 Jul 2023US$362.8bUS$130.9bUS$7.8b26.3x46.5x2.8x
Thu, 01 Jun 2023US$316.7bUS$131.0bUS$7.8b22.6x40.7x2.4x
Sat, 29 Apr 2023US$309.1bUS$129.0bUS$7.9b17.9x39.1x2.4x
Mon, 27 Mar 2023US$307.4bUS$127.8bUS$7.8b18x39.5x2.4x
Wed, 22 Feb 2023US$311.9bUS$115.8bUS$8.8b19.7x35.6x2.7x
Fri, 20 Jan 2023US$295.4bUS$114.1bUS$8.8b20.1x33.7x2.6x
Sun, 18 Dec 2022US$296.4bUS$113.8bUS$8.8b18.2x33.7x2.6x
Tue, 15 Nov 2022US$310.0bUS$113.0bUS$8.7b18.6x35.5x2.7x
Thu, 13 Oct 2022US$269.0bUS$108.4bUS$8.5b19.1x31.8x2.5x
Sat, 10 Sep 2022US$308.3bUS$107.9bUS$8.4b20.3x36.7x2.9x
Mon, 08 Aug 2022US$306.6bUS$107.3bUS$8.1b20.2x37.8x2.9x
Wed, 06 Jul 2022US$254.9bUS$105.0bUS$7.5b17.5x33.8x2.4x
Fri, 03 Jun 2022US$281.6bUS$104.8bUS$7.5b19x37.4x2.7x
Sun, 01 May 2022US$282.4bUS$100.7bUS$7.5b19.5x37.5x2.8x
Tue, 29 Mar 2022US$322.5bUS$99.3bUS$7.6b21.2x42.2x3.2x
Thu, 24 Feb 2022US$300.4bUS$98.6bUS$8.0b21.3x37.3x3x
Sat, 22 Jan 2022US$310.0bUS$94.4bUS$7.9b23x39.2x3.3x
Mon, 20 Dec 2021US$339.1bUS$94.3bUS$7.5b23.4x45.2x3.6x
Wed, 17 Nov 2021US$381.5bUS$94.4bUS$7.8b24.9x49x4x
Fri, 15 Oct 2021US$318.8bUS$89.2bUS$8.0b23.7x39.7x3.6x
Sun, 12 Sep 2021US$314.4bUS$89.4bUS$7.8b23x40.2x3.5x
Tue, 10 Aug 2021US$327.6bUS$89.4bUS$7.9b24x41.5x3.7x
Price to Earnings Ratio

41.5x


Total Market Cap: US$327.6bTotal Earnings: US$7.9bTotal Revenue: US$89.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 43.3x202220232024
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 64.1x which is higher than its 3-year average PE of 43.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have declined 2.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 21% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market-2.94%
Industrials-3.48%
Electrical-7.24%
Heavy Electrical Equipment-6.64%
Electrical Components-7.33%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 22.5%, which is higher than its past year's earnings decline of 67.2% per year.
  • Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 37.1x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 23% 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 19% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
POWL Powell IndustriesUS$153.4610.2%
+US$170.0m		87.2%PE14.1x
SDST Stardust PowerUS$15.0915.0%
+US$92.1m		39.8%PE-123.6x
ADSE ADS-TEC EnergyUS$12.863.5%
+US$21.8m		104.1%PS5.6x
WBX WallboxUS$1.494.9%
+US$17.7m		-52.5%PS2x
SMXT SolarMax TechnologyUS$4.168.1%
+US$13.9m		n/aPS4x
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GEV

US$164.73

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EOSE

US$1.83

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