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Dec 15
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U.S. Electronic Equipment and Components Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies185
- 7D-3.1%
- 3M3.6%
- 1Y17.6%
- YTD18.8%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.1%, driven by Amphenol declining 4.1%. Meanwhile, Jabil actually outperformed within the industry, gaining 7.3% in the last week. In the past year, the industry has gained 18%. Looking forward, earnings are forecast to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | US$460.3b | US$368.2b | US$15.5b | 25.7x | 29.7x | 1.3x |
| Mon, 18 Nov 2024 | US$458.3b | US$369.6b | US$15.8b | 23.6x | 28.9x | 1.2x |
| Wed, 16 Oct 2024 | US$454.4b | US$323.1b | US$15.9b | 23.9x | 28.6x | 1.4x |
| Fri, 13 Sep 2024 | US$419.6b | US$323.9b | US$15.8b | 21.7x | 26.6x | 1.3x |
| Sun, 11 Aug 2024 | US$409.8b | US$324.3b | US$15.6b | 21x | 26.3x | 1.3x |
| Tue, 09 Jul 2024 | US$428.0b | US$329.2b | US$15.1b | 21.6x | 28.3x | 1.3x |
| Thu, 06 Jun 2024 | US$426.1b | US$331.3b | US$15.3b | 21.6x | 27.9x | 1.3x |
| Sat, 04 May 2024 | US$407.6b | US$331.7b | US$15.4b | 19.6x | 26.5x | 1.2x |
| Mon, 01 Apr 2024 | US$423.1b | US$338.7b | US$15.7b | 19.1x | 27x | 1.2x |
| Wed, 28 Feb 2024 | US$408.9b | US$341.2b | US$14.9b | 19.9x | 27.4x | 1.2x |
| Fri, 26 Jan 2024 | US$398.4b | US$350.4b | US$15.2b | 19.5x | 26.2x | 1.1x |
| Sun, 24 Dec 2023 | US$406.9b | US$352.2b | US$13.7b | 21.2x | 29.6x | 1.2x |
| Tue, 21 Nov 2023 | US$369.4b | US$353.7b | US$13.9b | 18.1x | 26.6x | 1x |
| Thu, 19 Oct 2023 | US$356.8b | US$358.4b | US$14.4b | 17x | 24.7x | 1x |
| Sat, 16 Sep 2023 | US$372.3b | US$360.4b | US$14.6b | 15.9x | 25.5x | 1x |
| Mon, 14 Aug 2023 | US$386.1b | US$359.6b | US$15.0b | 16.2x | 25.8x | 1.1x |
| Wed, 12 Jul 2023 | US$401.0b | US$361.6b | US$15.0b | 17.1x | 26.7x | 1.1x |
| Fri, 09 Jun 2023 | US$374.2b | US$362.6b | US$15.1b | 16.7x | 24.8x | 1x |
| Sun, 07 May 2023 | US$347.1b | US$359.8b | US$15.1b | 16.6x | 23x | 1x |
| Tue, 04 Apr 2023 | US$374.1b | US$361.4b | US$16.2b | 17.2x | 23.1x | 1x |
| Thu, 02 Mar 2023 | US$368.5b | US$359.3b | US$16.0b | 17x | 23.1x | 1x |
| Sat, 28 Jan 2023 | US$374.9b | US$356.4b | US$16.6b | 16.7x | 22.6x | 1.1x |
| Mon, 26 Dec 2022 | US$337.2b | US$354.0b | US$16.5b | 15.4x | 20.4x | 1x |
| Wed, 23 Nov 2022 | US$359.9b | US$352.9b | US$16.6b | 16.4x | 21.7x | 1x |
| Fri, 21 Oct 2022 | US$326.3b | US$346.3b | US$16.9b | 14.6x | 19.3x | 0.9x |
| Sun, 18 Sep 2022 | US$345.0b | US$334.5b | US$16.7b | 15x | 20.7x | 1x |
| Tue, 16 Aug 2022 | US$386.1b | US$333.9b | US$16.7b | 15.7x | 23.1x | 1.2x |
| Thu, 14 Jul 2022 | US$331.4b | US$326.6b | US$15.8b | 16.6x | 21x | 1x |
| Sat, 11 Jun 2022 | US$349.9b | US$316.0b | US$15.7b | 17.5x | 22.2x | 1.1x |
| Mon, 09 May 2022 | US$364.5b | US$315.6b | US$15.7b | 15.4x | 23.3x | 1.2x |
| Wed, 06 Apr 2022 | US$366.7b | US$287.0b | US$13.9b | 16.3x | 26.4x | 1.3x |
| Fri, 04 Mar 2022 | US$391.1b | US$295.8b | US$15.1b | 16.1x | 25.9x | 1.3x |
| Sun, 30 Jan 2022 | US$397.7b | US$292.7b | US$15.3b | 17.2x | 25.9x | 1.4x |
| Tue, 28 Dec 2021 | US$458.6b | US$284.9b | US$14.8b | 18.6x | 31x | 1.6x |
Price to Earnings Ratio
31x
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 29.7x 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 remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 8.9% 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 | -2.39% | |
| Tech | -1.05% | |
| Electronic Equipment and Components | -3.12% | |
| Electronic Manufacturing Services | -2.54% | |
| Electronic Equipment and Instruments | -2.56% | |
| Technology Distributors | -2.99% | |
| Electronic Components | -4.01% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 34.3x.
- Analysts are expecting annual earnings growth of 31.5%, which is higher than its past year's earnings decline of 27.7% per year.
- Investors are most pessimistic about the Technology Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.3x.
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 6.4% 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 | |
|---|---|---|---|---|---|
| JBL Jabil | US$145.00 | 7.3% +US$1.1b | 13.4% | PE12.6x | |
| RCAT Red Cat Holdings | US$10.75 | 30.6% +US$240.6m | 1,278.2% | PS52.3x | |
| OUST Ouster | US$11.98 | 31.9% +US$144.3m | 65.7% | PS5.7x | |
| FLEX Flex | US$38.64 | 0.7% +US$100.8m | 27.4% | PE17.8x | |
| OPTX Syntec Optics Holdings | US$3.50 | 255.1% +US$92.2m | -36.4% | PE2102.4x |
