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Dec 06
U.S. Electronic Equipment and Components Industry Analysis
UpdatedDec 06, 2023
DataAggregated Company Financials
Companies223
- 7D0.5%
- 3M-2.9%
- 1Y4.1%
- YTD7.9%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably Jabil declined by 13%. The past year has been better, since the industry has gained 4.1% in that time. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the U.S. Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 06 Dec 2023 | US$374.2b | US$353.4b | US$13.8b | 16.9x | 27x | 1.1x |
| Fri, 03 Nov 2023 | US$343.3b | US$353.1b | US$13.7b | 16.1x | 25x | 1x |
| Sun, 01 Oct 2023 | US$369.9b | US$358.4b | US$14.4b | 16.3x | 25.6x | 1x |
| Tue, 29 Aug 2023 | US$378.5b | US$360.3b | US$14.6b | 16.7x | 25.9x | 1.1x |
| Thu, 27 Jul 2023 | US$401.4b | US$361.1b | US$14.8b | 16.9x | 27.2x | 1.1x |
| Sat, 24 Jun 2023 | US$377.9b | US$362.8b | US$15.1b | 17.3x | 25x | 1x |
| Mon, 22 May 2023 | US$358.6b | US$362.4b | US$15.1b | 15.4x | 23.8x | 1x |
| Wed, 19 Apr 2023 | US$361.9b | US$361.3b | US$16.2b | 16.7x | 22.4x | 1x |
| Fri, 17 Mar 2023 | US$358.0b | US$359.3b | US$15.9b | 16.8x | 22.5x | 1x |
| Sun, 12 Feb 2023 | US$380.7b | US$360.6b | US$16.1b | 17x | 23.6x | 1.1x |
| Tue, 10 Jan 2023 | US$358.2b | US$354.1b | US$16.5b | 16.4x | 21.7x | 1x |
| Thu, 08 Dec 2022 | US$353.0b | US$353.0b | US$16.6b | 16x | 21.3x | 1x |
| Sat, 05 Nov 2022 | US$356.9b | US$352.7b | US$16.6b | 15.3x | 21.4x | 1x |
| Mon, 03 Oct 2022 | US$319.8b | US$346.2b | US$16.9b | 14.1x | 19x | 0.9x |
| Wed, 31 Aug 2022 | US$359.8b | US$334.4b | US$16.7b | 16x | 21.5x | 1.1x |
| Fri, 29 Jul 2022 | US$359.9b | US$326.7b | US$16.7b | 16.2x | 21.5x | 1.1x |
| Sun, 26 Jun 2022 | US$340.3b | US$317.1b | US$15.7b | 17.6x | 21.6x | 1.1x |
| Tue, 24 May 2022 | US$354.5b | US$316.2b | US$15.7b | 16.4x | 22.5x | 1.1x |
| Thu, 21 Apr 2022 | US$358.2b | US$287.0b | US$13.9b | 16.5x | 25.7x | 1.2x |
| Sat, 19 Mar 2022 | US$377.2b | US$276.4b | US$13.9b | 16.7x | 27.2x | 1.4x |
| Mon, 14 Feb 2022 | US$372.5b | US$274.6b | US$14.4b | 16.6x | 25.8x | 1.4x |
| Wed, 12 Jan 2022 | US$439.6b | US$285.1b | US$14.8b | 18.4x | 29.8x | 1.5x |
| Fri, 10 Dec 2021 | US$444.2b | US$284.1b | US$14.7b | 18.1x | 30.1x | 1.6x |
| Sun, 07 Nov 2021 | US$448.3b | US$284.1b | US$14.7b | 20.6x | 30.5x | 1.6x |
| Tue, 05 Oct 2021 | US$409.2b | US$277.0b | US$13.2b | 21.4x | 31x | 1.5x |
| Thu, 02 Sep 2021 | US$444.5b | US$277.4b | US$13.1b | 21.1x | 33.9x | 1.6x |
| Sat, 31 Jul 2021 | US$426.6b | US$277.4b | US$13.1b | 21.2x | 32.5x | 1.5x |
| Tue, 04 May 2021 | US$407.4b | US$263.0b | US$11.0b | 24.1x | 37x | 1.5x |
| Fri, 05 Feb 2021 | US$351.0b | US$253.3b | US$7.6b | 23.6x | 46.1x | 1.4x |
Price to Earnings Ratio
45.7x
Current Industry PE
- Investors are relatively neutral on the American Electronic 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 28.4x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 12% 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. Tech industry?
| US Market | 0.56% | |
| Tech | 0.058% | |
| Electronic Equipment and Components | 0.52% | |
| Electronic Components | 2.17% | |
| Electronic Equipment and Instruments | 1.45% | |
| Technology Distributors | 0.99% | |
| Electronic Manufacturing Services | -2.83% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry even though it's trading below its 3-year average PE ratio of 59.2x.
- Analysts are expecting annual earnings growth of 18.6%, which is higher than its past year's earnings growth of 4.3% per year.
- Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 15.0x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings growth rate of 4.3% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 5.8% 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 | |
|---|---|---|---|---|---|
| APH Amphenol | US$91.32 | 1.6% +US$843.6m | 16.7% | PE28.4x | |
| NSIT Insight Enterprises | US$171.25 | 15.1% +US$731.0m | 72.9% | PE20.8x | |
| GLW Corning | US$28.46 | 2.5% +US$597.4m | -14.5% | PE41.5x | |
| COHR Coherent | US$38.73 | 7.3% +US$399.9m | 11.3% | PS1.2x | |
| KEYS Keysight Technologies | US$138.22 | 1.4% +US$331.7m | -21.8% | PE22.8x |
