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U.S. Electronic Equipment and Components Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies181
- 7D-3.7%
- 3M2.8%
- 1Y28.7%
- YTD17.6%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.7%, driven by TE Connectivity declining 5.0%. In contrast, Mirion Technologies has gained 8.1%. This takes the industry's 12 month performance to a gain of 29%. As for the next few years, earnings are expected to grow by 17% 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, 21 Nov 2024 | US$457.3b | US$369.6b | US$15.8b | 23.4x | 28.9x | 1.2x |
| Sat, 19 Oct 2024 | US$460.6b | US$323.1b | US$15.9b | 23.9x | 29x | 1.4x |
| Mon, 16 Sep 2024 | US$428.4b | US$323.9b | US$15.8b | 22.2x | 27.2x | 1.3x |
| Wed, 14 Aug 2024 | US$411.0b | US$324.3b | US$15.6b | 21.5x | 26.3x | 1.3x |
| Fri, 12 Jul 2024 | US$441.7b | US$329.2b | US$15.1b | 21.9x | 29.2x | 1.3x |
| Sun, 09 Jun 2024 | US$426.8b | US$331.3b | US$15.2b | 21.1x | 28.1x | 1.3x |
| Tue, 07 May 2024 | US$417.9b | US$331.7b | US$15.4b | 19.9x | 27.2x | 1.3x |
| Thu, 04 Apr 2024 | US$419.9b | US$338.5b | US$15.7b | 18.9x | 26.7x | 1.2x |
| Sat, 02 Mar 2024 | US$412.8b | US$341.3b | US$15.0b | 19.2x | 27.6x | 1.2x |
| Mon, 29 Jan 2024 | US$399.0b | US$350.4b | US$15.2b | 19.8x | 26.2x | 1.1x |
| Wed, 27 Dec 2023 | US$406.9b | US$352.2b | US$13.7b | 21.3x | 29.7x | 1.2x |
| Fri, 24 Nov 2023 | US$369.0b | US$353.7b | US$13.9b | 18.1x | 26.6x | 1x |
| Sun, 22 Oct 2023 | US$346.1b | US$358.4b | US$14.4b | 16.8x | 24x | 1x |
| Tue, 19 Sep 2023 | US$374.0b | US$360.4b | US$14.6b | 15.8x | 25.6x | 1x |
| Thu, 17 Aug 2023 | US$378.0b | US$360.0b | US$14.9b | 15.5x | 25.4x | 1.1x |
| Sat, 15 Jul 2023 | US$399.2b | US$361.6b | US$15.1b | 17.4x | 26.5x | 1.1x |
| Mon, 12 Jun 2023 | US$373.2b | US$362.6b | US$15.1b | 16.9x | 24.7x | 1x |
| Wed, 10 May 2023 | US$344.7b | US$360.0b | US$15.1b | 16.4x | 22.8x | 1x |
| Fri, 07 Apr 2023 | US$357.6b | US$361.4b | US$16.1b | 16.5x | 22.2x | 1x |
| Sun, 05 Mar 2023 | US$375.6b | US$359.3b | US$16.0b | 16.9x | 23.5x | 1x |
| Tue, 31 Jan 2023 | US$371.3b | US$356.4b | US$16.6b | 16.5x | 22.4x | 1x |
| Thu, 29 Dec 2022 | US$332.2b | US$354.0b | US$16.5b | 15.2x | 20.1x | 0.9x |
| Sat, 26 Nov 2022 | US$363.3b | US$353.0b | US$16.6b | 16.5x | 21.9x | 1x |
| Mon, 24 Oct 2022 | US$337.6b | US$346.3b | US$16.9b | 14.8x | 20x | 1x |
| Wed, 21 Sep 2022 | US$343.3b | US$334.5b | US$16.7b | 15x | 20.6x | 1x |
| Fri, 19 Aug 2022 | US$390.5b | US$334.1b | US$16.7b | 16.9x | 23.3x | 1.2x |
| Sun, 17 Jul 2022 | US$337.9b | US$326.6b | US$15.8b | 17.3x | 21.4x | 1x |
| Tue, 14 Jun 2022 | US$334.2b | US$316.4b | US$15.6b | 15.5x | 21.5x | 1.1x |
| Thu, 12 May 2022 | US$346.8b | US$315.9b | US$15.7b | 14.5x | 22.1x | 1.1x |
| Sat, 09 Apr 2022 | US$355.9b | US$287.0b | US$13.9b | 16x | 25.6x | 1.2x |
| Mon, 07 Mar 2022 | US$362.3b | US$275.6b | US$13.9b | 14.7x | 26.2x | 1.3x |
| Wed, 02 Feb 2022 | US$409.3b | US$292.8b | US$15.4b | 17.2x | 26.6x | 1.4x |
| Fri, 31 Dec 2021 | US$455.0b | US$284.9b | US$14.8b | 18.4x | 30.8x | 1.6x |
| Sun, 28 Nov 2021 | US$437.3b | US$284.1b | US$14.8b | 17.4x | 29.6x | 1.5x |
Price to Earnings Ratio
29.6x
Current Industry PE
- Investors are optimistic on the American Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 28.9x which is higher than its 3-year average PE of 25.4x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 2.4% per year over the last three years.
- Revenues for these companies have grown 9.2% 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 | -1.19% | |
| Tech | -1.35% | |
| Electronic Equipment and Components | -3.72% | |
| Electronic Components | -1.91% | |
| Electronic Manufacturing Services | -3.98% | |
| Electronic Equipment and Instruments | -4.25% | |
| Technology Distributors | -6.55% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 33.5x.
- Analysts are expecting annual earnings growth of 31.7%, which is higher than its past year's earnings decline of 27.7% per year.
- Investors are most pessimistic about the Electronic Manufacturing Services industry, which is trading close to its 3-year average of 16.4x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 28% per year.
- In contrast, the Electronic Manufacturing Services 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 | |
|---|---|---|---|---|---|
| MIR Mirion Technologies | US$16.26 | 8.1% +US$252.2m | 86.3% | PS4x | |
| COHR Coherent | US$104.25 | 1.5% +US$238.2m | 189.4% | PS3.2x | |
| RCAT Red Cat Holdings | US$4.74 | 24.1% +US$69.6m | 432.6% | PS19x | |
| GLW Corning | US$47.29 | 0.2% +US$68.5m | 67.9% | PE259.6x | |
| NATI National Instruments | US$59.98 | 0.7% +US$54.4m | 56.2% | PE44.4x |
