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U.S. Electronic Equipment and Components Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies183
  • 7D-0.4%
  • 3M10.0%
  • 1Y66.7%
  • YTD9.3%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.7%, driven by a pullback from Amphenol of 4.5%. Over the past 12 months, the industry was up 62%. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the U.S. Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026US$700.0bUS$408.4bUS$15.3b28.8x45.8x1.7x
Thu, 19 Feb 2026US$747.6bUS$404.8bUS$15.0b28.9x49.7x1.8x
Sat, 17 Jan 2026US$703.1bUS$395.3bUS$16.0b27.8x43.9x1.8x
Mon, 15 Dec 2025US$661.8bUS$396.0bUS$16.2b24.8x41x1.7x
Wed, 12 Nov 2025US$674.9bUS$395.9bUS$16.0b25.2x42.1x1.7x
Fri, 10 Oct 2025US$639.1bUS$388.4bUS$13.7b25.5x46.6x1.6x
Sun, 07 Sep 2025US$590.0bUS$386.6bUS$13.5b23.9x43.8x1.5x
Tue, 05 Aug 2025US$561.3bUS$383.9bUS$15.0b23.5x37.4x1.5x
Thu, 03 Jul 2025US$531.5bUS$377.6bUS$13.6b24.6x39.1x1.4x
Sat, 31 May 2025US$484.6bUS$375.7bUS$13.4b21.9x36.2x1.3x
Mon, 28 Apr 2025US$427.6bUS$373.3bUS$13.6b19.6x31.4x1.1x
Wed, 26 Mar 2025US$451.6bUS$371.0bUS$13.9b21.5x32.4x1.2x
Fri, 21 Feb 2025US$483.8bUS$370.8bUS$14.8b24.1x32.7x1.3x
Sun, 19 Jan 2025US$478.3bUS$369.6bUS$15.6b25.9x30.8x1.3x
Tue, 17 Dec 2024US$478.3bUS$369.6bUS$15.6b26.4x30.6x1.3x
Thu, 14 Nov 2024US$477.5bUS$369.5bUS$15.8b24x30.2x1.3x
Sat, 12 Oct 2024US$450.2bUS$323.1bUS$15.9b24.1x28.4x1.4x
Mon, 09 Sep 2024US$410.6bUS$323.9bUS$15.8b21.6x26x1.3x
Wed, 07 Aug 2024US$396.4bUS$325.4bUS$14.5b21.6x27.4x1.2x
Fri, 05 Jul 2024US$429.5bUS$329.2bUS$15.1b21.8x28.4x1.3x
Sun, 02 Jun 2024US$432.8bUS$331.3bUS$15.3b21.5x28.4x1.3x
Tue, 30 Apr 2024US$409.7bUS$338.7bUS$15.9b19x25.8x1.2x
Thu, 28 Mar 2024US$422.9bUS$338.7bUS$15.7b19.1x27x1.2x
Sat, 24 Feb 2024US$407.9bUS$341.1bUS$14.9b19x27.3x1.2x
Mon, 22 Jan 2024US$393.1bUS$350.3bUS$13.7b19.4x28.7x1.1x
Wed, 20 Dec 2023US$405.8bUS$352.2bUS$13.7b21.4x29.6x1.2x
Fri, 17 Nov 2023US$367.5bUS$353.7bUS$13.9b18.3x26.5x1x
Sun, 15 Oct 2023US$358.6bUS$358.4bUS$14.4b16.7x24.9x1x
Tue, 12 Sep 2023US$374.5bUS$360.4bUS$14.6b15.9x25.6x1x
Thu, 10 Aug 2023US$387.5bUS$359.5bUS$15.1b17.6x25.6x1.1x
Sat, 08 Jul 2023US$392.7bUS$361.6bUS$15.0b17.1x26.1x1.1x
Mon, 05 Jun 2023US$370.2bUS$362.6bUS$15.1b16.6x24.5x1x
Wed, 03 May 2023US$343.3bUS$360.9bUS$15.5b15.4x22.2x1x
Fri, 31 Mar 2023US$369.4bUS$361.3bUS$16.2b16.8x22.9x1x
Price to Earnings Ratio

22.9x


Total Market Cap: US$369.4bTotal Earnings: US$16.2bTotal Revenue: US$361.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 31.8x202420252026
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 45.4x which is higher than its 3-year average PE of 31.8x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 4.2% 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 and as a result, profits have held steady.

Industry Trends

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

US Market-1.74%
Tech-1.56%
Electronic Equipment and Components-0.39%
Electronic Manufacturing Services1.84%
Electronic Equipment and Instruments0.64%
Technology Distributors-0.26%
Electronic Components-1.89%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 52.3x.
    • Analysts are expecting annual earnings growth of 21.7%, which is higher than its past year's earnings growth of 8.0% per year.
  • Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 16.1x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 25% over the next 5 years.
  • However this is lower than its past earnings growth rate of 63% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 14% 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
COHR CoherentUS$255.053.1%
+US$1.5b		232.5%PE259.1x
FN FabrinetUS$546.476.6%
+US$1.2b		136.2%PE51.9x
JBL JabilUS$266.263.2%
+US$872.2m		77.5%PE34.8x
AEIS Advanced Energy IndustriesUS$329.787.0%
+US$810.5m		207.7%PE83.4x
TTMI TTM TechnologiesUS$101.425.1%
+US$552.2m		333.0%PE59.4x

Latest News

GLW
US$130.97
Corning
7D
-0.8%
1Y
162.5%
ARW
US$139.90
Arrow Electronics
7D
-0.8%
1Y
29.1%
NSIT
US$71.12
Insight Enterprises
7D
-12.6%
1Y
-55.7%
COHR
US$255.05
Coherent
7D
3.1%
1Y
232.5%
TTMI
US$101.42
TTM Technologies
7D
5.1%
1Y
333.0%

TTMI: Radar Demand And Margin Discipline Will Support Future Upside

Analysts have lifted their price targets on TTM Technologies by up to $36, with the latest updates pointing to refined assumptions on discount rates, revenue growth, profit margins, and future P/E. These changes keep the model fair value steady at $118.50.
SANM
US$131.39
Sanmina
7D
6.2%
1Y
62.6%

SANM: Higher Long-Term P/E And Buybacks Will Support Bullish Outlook

Analysts have raised their price targets on Sanmina, with Argus increasing its target by $30 and BofA setting a target of $190, citing updated views that support a refreshed valuation backdrop for the stock. Analyst Commentary Recent price target moves on Sanmina signal that research desks are revisiting their assumptions around what the company is worth and how well it can execute against current expectations.
TDY
US$623.80
Teledyne Technologies
7D
-3.4%
1Y
22.9%
FWDI
US$4.88
Forward Industries
7D
-6.3%
1Y
28.6%
JBL
US$266.26
Jabil
7D
3.2%
1Y
77.5%
TEL
US$200.79
TE Connectivity
7D
-1.3%
1Y
34.8%

TEL: Higher Dividend And Buybacks Will Support Future Shareholder Upside

Analysts now set a price target of $339.56 for TE Connectivity, compared with the prior $316.00, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E levels. What's in the News Board declares a regular quarterly cash dividend of $0.78 per ordinary share, payable on June 12, 2026, to shareholders of record on May 22, 2026.
KEYS
US$288.96
Keysight Technologies
7D
1.1%
1Y
82.1%
FN
US$546.47
Fabrinet
7D
6.6%
1Y
136.2%

FN: Higher Forward P/E Assumptions Will Likely Restrain Future Share Returns

Analysts have raised their price target on Fabrinet from $317.26 to $452.00, citing updated assumptions including slightly higher revenue growth, marginally stronger profit margins, a modestly lower discount rate, and a higher future P/E multiple. What's in the News Fabrinet reported completing a share repurchase program announced on August 21, 2017, buying back a total of 3,887,487 shares, or 10.56% of the company, for US$365.1m under the plan.
APH
US$130.67
Amphenol
7D
-4.5%
1Y
88.6%

APH: AI Data Center Content And CCS Acquisition Will Support Future Margins

Analysts now set a slightly adjusted price target for Amphenol, with modest tweaks to the discount rate and long-term P/E assumptions, at around $165. This target is supported by recent research citing AI data center content, the CommScope Connectivity and Cable Solutions acquisition, and clearer visibility on the copper versus optics roadmap as key drivers in their updated views.
AEIS
US$329.78
Advanced Energy Industries
7D
7.0%
1Y
207.7%
INGM
US$21.93
Ingram Micro Holding
7D
-1.3%
1Y
10.0%
CDW
US$120.16
CDW
7D
1.7%
1Y
-29.4%