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Dec 07
U.S. Electronic Equipment and Components Industry Analysis
UpdatedDec 08, 2022
DataAggregated Company Financials
Companies211
- 7D-3.1%
- 3M0.8%
- 1Y-20.6%
- YTD-21.4%
Last week, the Electronic Equipment and Components industry hasn't moved much but Rogers is up 11% in that time. As for the longer term, the industry has declined 20% in the last year. As for the next few years, earnings are expected to grow by 12% per annum.
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 |
|---|---|---|---|---|---|---|
| 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 |
| Mon, 09 Nov 2020 | US$282.5b | US$246.4b | US$6.2b | 20.1x | 45.4x | 1.1x |
| Sun, 02 Aug 2020 | US$266.0b | US$241.8b | US$5.7b | 22.6x | 46.8x | 1.1x |
| Wed, 06 May 2020 | US$228.0b | US$247.6b | US$6.7b | 20.3x | 34x | 0.9x |
| Sat, 08 Feb 2020 | US$263.4b | US$251.3b | US$9.2b | 20.7x | 28.6x | 1x |
Price to Earnings Ratio
31.1x
Current Industry PE
- Investors are pessimistic on the American Electronic industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 21.3x which is lower than its 3-year average PE of 33.3x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 23% 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 | -3.73% | |
| Tech | -4.73% | |
| Electronic Equipment and Components | -3.14% | |
| Electronic Components | -2.86% | |
| Electronic Manufacturing Services | -3.02% | |
| Electronic Equipment and Instruments | -3.33% | |
| Technology Distributors | -3.42% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry, which is trading close to its 3-year average PE ratio of 54.8x.
- Analysts are expecting annual earnings growth of 16.2%, which is higher than its past year's earnings decline of 5.3% per year.
- Investors are most pessimistic about the Technology Distributors industry, which is trading below its 3-year average of 19.2x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings decline of 5.3% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 4.8% 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 | |
|---|---|---|---|---|---|
| ROG Rogers | US$120.49 | 10.5% +US$215.4m | -55.7% | PE31.3x | |
| KN Knowles | US$16.57 | 6.2% +US$88.2m | -24.5% | PS1.9x | |
| PRST Presto Automation | US$3.47 | 69.3% +US$71.9m | -65.3% | PS5.7x | |
| FARO FARO Technologies | US$31.47 | 5.2% +US$29.1m | -56.4% | PS1.7x | |
| MEI Methode Electronics | US$46.91 | 2.7% +US$22.4m | 4.0% | PE17.9x |
