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U.S. Electronic Manufacturing Services Industry Analysis

UpdatedJun 10, 2026
DataAggregated Company Financials
Companies26
  • 7D-6.2%
  • 3M40.5%
  • 1Y104.5%
  • YTDn/a

The Electronic Manufacturing Services industry has stayed flat over the last week. As for the the longer term, the industry is up 104% over the past 12 months. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

Has the U.S. Electronic Manufacturing Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 10 Jun 2026US$228.5bUS$110.1bUS$4.6b47.3x49.4x2.1x
Fri, 08 May 2026US$201.2bUS$108.7bUS$4.9b48.9x41.1x1.9x
Sun, 05 Apr 2026US$167.7bUS$105.3bUS$3.9b30.9x42.6x1.6x
Tue, 03 Mar 2026US$173.6bUS$103.7bUS$3.9b32.7x44.4x1.7x
Thu, 29 Jan 2026US$167.0bUS$102.6bUS$4.4b31.5x37.6x1.6x
Sat, 27 Dec 2025US$162.0bUS$100.6bUS$4.2b32x38.2x1.6x
Mon, 24 Nov 2025US$145.5bUS$99.3bUS$4.4b29.8x33.3x1.5x
Wed, 22 Oct 2025US$153.3bUS$98.0bUS$3.7b30x41.6x1.6x
Fri, 19 Sep 2025US$145.4bUS$96.7bUS$3.6b39.4x40.3x1.5x
Sun, 17 Aug 2025US$134.8bUS$96.6bUS$3.6b36.4x37.5x1.4x
Tue, 15 Jul 2025US$127.3bUS$95.8bUS$3.4b26.8x37.3x1.3x
Thu, 12 Jun 2025US$112.2bUS$94.8bUS$3.3b26.1x34.1x1.2x
Sat, 10 May 2025US$100.4bUS$94.8bUS$3.3b23.9x30.5x1.1x
Mon, 07 Apr 2025US$79.4bUS$94.1bUS$4.0b18.9x20.1x0.8x
Wed, 05 Mar 2025US$97.9bUS$94.3bUS$4.7b21.8x20.8x1x
Fri, 31 Jan 2025US$103.7bUS$94.2bUS$4.8b24.2x21.8x1.1x
Sun, 29 Dec 2024US$101.8bUS$94.0bUS$5.9b26.2x17.4x1.1x
Tue, 26 Nov 2024US$103.9bUS$95.4bUS$5.9b27.4x17.6x1.1x
Thu, 24 Oct 2024US$98.0bUS$95.8bUS$6.2b23x15.7x1x
Sat, 21 Sep 2024US$96.3bUS$97.3bUS$6.2b22.1x15.4x1x
Mon, 19 Aug 2024US$95.6bUS$97.3bUS$6.3b21.8x15.3x1x
Wed, 17 Jul 2024US$100.5bUS$98.6bUS$6.2b21.3x16.3x1x
Fri, 14 Jun 2024US$99.7bUS$100.4bUS$6.3b21x15.7x1x
Sun, 12 May 2024US$96.6bUS$100.4bUS$6.4b20.5x15.1x1x
Tue, 09 Apr 2024US$96.5bUS$104.3bUS$6.5b14.8x14.9x0.9x
Thu, 07 Mar 2024US$99.8bUS$105.7bUS$5.8b17.1x17.3x0.9x
Sat, 03 Feb 2024US$96.8bUS$106.4bUS$5.7b15.3x17.1x0.9x
Mon, 01 Jan 2024US$97.7bUS$107.0bUS$4.3b18.8x22.7x0.9x
Wed, 29 Nov 2023US$90.8bUS$108.3bUS$4.4b14.8x20.6x0.8x
Fri, 27 Oct 2023US$83.3bUS$108.9bUS$4.7b16.8x17.8x0.8x
Sun, 24 Sep 2023US$85.9bUS$109.9bUS$4.8b14.6x17.7x0.8x
Tue, 22 Aug 2023US$86.2bUS$109.9bUS$4.9b16.1x17.7x0.8x
Thu, 20 Jul 2023US$97.2bUS$109.7bUS$5.0b16.4x19.6x0.9x
Sat, 17 Jun 2023US$92.9bUS$109.7bUS$5.0b15.5x18.7x0.8x
Price to Earnings Ratio

18.7x


Total Market Cap: US$92.9bTotal Earnings: US$5.0bTotal Revenue: US$109.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Manufacturing Services Industry Price to Earnings3Y Average 25.9x202420252026
Current Industry PE
  • Investors are optimistic on the American Electronic Manufacturing Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 49.3x which is higher than its 3-year average PE of 25.9x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Electronic Manufacturing Services industry have declined 2.4% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Electronic Manufacturing Services compare with similar industries?

US Market-3.33%
Tech-9.37%
Electronic Equipment and Components-6.23%
Electronic Manufacturing Services-6.19%
Technology Distributors-4.15%
Electronic Equipment and Instruments-4.18%
Electronic Components-7.33%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PLXS PlexusUS$281.480.5%
+US$36.4m		107.9%PE40.2x
WTO UTimeUS$1.002.8%
+US$79.4k		-99.8%PS0.09x

Latest News

TEL
US$210.91
TE Connectivity
7D
-1.8%
1Y
26.8%
FN
US$586.00
Fabrinet
7D
-16.4%
1Y
146.5%
IPGP
US$106.37
IPG Photonics
7D
-12.8%
1Y
56.2%
Narrative Update • Jun 08

IPGP: Rich P E And Weak Fundamentals Will Restrain AI Hype-Fueled Upside

Analysts have adjusted their price targets for IPG Photonics, with one recent update moving from $149 to $151. The commentary noted that the company's refreshed management approach and broader use of its product portfolio are helping it address more customer needs and enter higher growth markets.
FLEX
US$147.21
Flex
7D
-7.7%
1Y
235.6%
Seeking Alpha • Jun 08

Flex: AI Era's Underfollowed Beneficiary

Summary Flex Limited is rated 'Buy' due to robust AI-driven growth, S&P 500 inclusion, and a mispriced valuation. FLEX's CPI segment, key to AI infrastructure, is set for a tax-free spin-off (SpinCo) in Q1 2027, led by the current CEO. Forward P/S of 1.7 is nearly half the sector median, despite 18% FY2027 revenue growth guidance and accelerating EPS/FCF. Strategic partnerships with Nvidia and hyperscalers, plus a clean balance sheet, underpin FLEX’s long-term growth thesis. Read the full article on Seeking Alpha
JBL
US$362.38
Jabil
7D
-2.9%
1Y
103.5%
Narrative Update • Jun 08

JBL: AI Infrastructure Hype Will Obscure Earnings Risk And Overvaluation

Analysts have reaffirmed their price target on Jabil at $316.33, citing steady assumptions around revenue growth, profit margins, and a future P/E of about 27.94 as the basis for leaving their valuation framework broadly unchanged. What's in the News Jabil is scheduled to report fiscal Q3 2026 earnings on June 17, with analyst expectations cited in recent coverage for EPS of US$3.08 and revenue of US$8.53b, supported by demand in AI related Intelligent Infrastructure solutions.
SANM
US$242.36
Sanmina
7D
-12.9%
1Y
174.6%
TTMI
US$173.86
TTM Technologies
7D
-3.2%
1Y
380.5%
Narrative Update • Jun 05

TTMI: AI And Defense Demand Will Shape Future Earnings Power

Analysts have raised the TTM Technologies price target from $170 to $209, citing stronger AI-related demand across defense, data center, networking, and industrial end markets, expanded manufacturing capacity, and growing vertically integrated electronics capabilities as key factors supporting the updated outlook. Analyst Commentary Recent research notes show a cluster of higher price targets on TTM Technologies, with analysts pointing to AI exposure, capacity additions, and integrated electronics as key inputs into their valuation work.
PLXS
US$281.48
Plexus
7D
0.5%
1Y
107.9%
Narrative Update • Jun 05

PLXS: Secular Demand Strength And Higher P/E Will Likely Restrain Upside

Analysts have lifted Plexus' implied fair value in this framework from $210.80 to $280.75, reflecting updated assumptions that point to higher revenue, slightly stronger profit margins, and a richer future P/E multiple supported by recent Street research highlighting the company's positioning in secular growth areas like A&D, Semi Cap, and emerging Data Center applications. Analyst Commentary Bullish Takeaways Bullish analysts have moved their price targets higher, which aligns with the updated implied fair value and signals greater confidence in the stock's risk and reward profile.
SHMD
US$4.96
SCHMID Group
7D
-25.2%
1Y
80.4%
WTO
US$1.00
UTime
7D
2.8%
1Y
-99.8%