Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Electronic Manufacturing Services Industry Analysis

UpdatedApr 24, 2026
DataAggregated Company Financials
Companies27
  • 7D1.9%
  • 3M20.0%
  • 1Y110.5%
  • YTDn/a

In the last week, the Electronic Manufacturing Services industry is up 2.5%, with Jabil leading the way, up 9.2%. Meanwhile, TE Connectivity actually underperformed within the industry, shrinking 7.9% in the last week. In the last 12 months, the industry was up 119%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Apr 2026US$196.8bUS$105.9bUS$4.8b37.9x41.2x1.9x
Sun, 22 Mar 2026US$156.2bUS$105.3bUS$3.9b29.1x39.7x1.5x
Tue, 17 Feb 2026US$172.5bUS$103.7bUS$3.9b33.5x44.1x1.7x
Thu, 15 Jan 2026US$168.2bUS$100.6bUS$4.2b33.7x39.7x1.7x
Sat, 13 Dec 2025US$171.4bUS$99.3bUS$4.2b33.3x40.9x1.7x
Mon, 10 Nov 2025US$161.9bUS$99.3bUS$4.4b31.2x37.1x1.6x
Wed, 08 Oct 2025US$149.8bUS$98.0bUS$3.7b29.8x40.7x1.5x
Fri, 05 Sep 2025US$137.0bUS$96.7bUS$3.6b38.2x38.1x1.4x
Sun, 03 Aug 2025US$133.8bUS$96.7bUS$3.6b29.7x37.3x1.4x
Tue, 01 Jul 2025US$122.2bUS$95.8bUS$3.4b26.3x36.1x1.3x
Thu, 29 May 2025US$108.2bUS$94.8bUS$3.3b24.8x32.9x1.1x
Sat, 26 Apr 2025US$94.6bUS$94.3bUS$3.4b23x27.4x1x
Mon, 24 Mar 2025US$97.9bUS$94.2bUS$3.9b22.8x25.1x1x
Wed, 19 Feb 2025US$106.7bUS$94.3bUS$4.7b24x22.6x1.1x
Fri, 17 Jan 2025US$104.3bUS$94.0bUS$5.8b25.9x17.9x1.1x
Sun, 15 Dec 2024US$103.6bUS$95.4bUS$6.0b28.1x17.4x1.1x
Tue, 12 Nov 2024US$108.0bUS$95.4bUS$5.9b29.3x18.3x1.1x
Thu, 10 Oct 2024US$97.3bUS$95.8bUS$6.2b23.4x15.6x1x
Sat, 07 Sep 2024US$89.6bUS$97.3bUS$6.2b21x14.4x0.9x
Mon, 05 Aug 2024US$90.3bUS$97.4bUS$6.3b22.2x14.4x0.9x
Wed, 03 Jul 2024US$96.0bUS$98.7bUS$6.2b19.9x15.4x1x
Fri, 31 May 2024US$100.2bUS$100.4bUS$6.4b21.3x15.7x1x
Sun, 28 Apr 2024US$92.1bUS$104.0bUS$6.6b14.5x14.1x0.9x
Tue, 26 Mar 2024US$96.4bUS$104.3bUS$6.5b14.6x14.9x0.9x
Thu, 22 Feb 2024US$95.5bUS$105.7bUS$5.8b16x16.5x0.9x
Sat, 20 Jan 2024US$89.8bUS$107.0bUS$4.3b16.5x20.9x0.8x
Mon, 18 Dec 2023US$97.8bUS$107.0bUS$4.3b18.8x22.7x0.9x
Wed, 15 Nov 2023US$88.3bUS$108.3bUS$4.4b17x20x0.8x
Fri, 13 Oct 2023US$92.3bUS$109.3bUS$4.7b17.5x19.7x0.8x
Sun, 10 Sep 2023US$87.5bUS$109.9bUS$4.8b15.9x18x0.8x
Tue, 08 Aug 2023US$92.9bUS$109.7bUS$4.9b17x19.1x0.8x
Thu, 06 Jul 2023US$94.3bUS$109.7bUS$5.0b16.1x19x0.9x
Sat, 03 Jun 2023US$86.4bUS$109.6bUS$5.0b15.2x17.4x0.8x
Mon, 01 May 2023US$79.3bUS$108.3bUS$5.0b14.5x15.9x0.7x
Price to Earnings Ratio

15.9x


Total Market Cap: US$79.3bTotal Earnings: US$5.0bTotal Revenue: US$108.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.6x202420252026
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 42.5x which is higher than its 3-year average PE of 24.6x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Electronic Manufacturing Services industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

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

US Market0.69%
Tech1.96%
Electronic Equipment and Components2.08%
Electronic Manufacturing Services1.94%
Technology Distributors4.74%
Electronic Components1.92%
Electronic Equipment and Instruments1.63%
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
JBL JabilUS$338.539.2%
+US$3.0b		131.7%PE44.1x
FLEX FlexUS$86.908.7%
+US$2.6b		150.7%PE37.5x
TTMI TTM TechnologiesUS$132.9813.7%
+US$1.7b		563.6%PE77.8x
PLXS PlexusUS$249.8712.1%
+US$723.0m		99.3%PE37.9x
SANM SanminaUS$180.026.5%
+US$603.4m		124.3%PE42.7x

Latest News

JBL
US$338.53
Jabil
7D
9.2%
1Y
131.7%
TEL
US$217.73
TE Connectivity
7D
-7.9%
1Y
51.7%
FN
US$689.46
Fabrinet
7D
2.5%
1Y
246.5%
IPGP
US$123.56
IPG Photonics
7D
2.4%
1Y
113.3%
BHE
US$67.60
Benchmark Electronics
7D
6.8%
1Y
79.4%

BHE: Buybacks And 2026 Earnings Guidance Will Anchor Forward Expectations

Narrative Update on Benchmark Electronics Analysts have lifted their price targets on Benchmark Electronics by $5, $6, and $7 in recent reports, pointing to updated assumptions around the discount rate, revenue growth, profit margin, and future P/E as key supports for the new valuation range. Analyst Commentary Recent research reports converged around higher price targets, with bullish analysts citing updated assumptions on discount rates, revenue trajectories, margins, and terminal P/E levels as key inputs.
TTMI
US$132.98
TTM Technologies
7D
13.7%
1Y
563.6%

TTMI: Radar Programs And Margin Execution Will Shape Future Earnings Power

TTM Technologies' analyst price target has shifted from $118.50 to $125.25, as analysts point to revised assumptions around growth, margins, and future P/E multiples reflected in recent updates from Stifel, B. Riley, and Needham.
SANM
US$180.02
Sanmina
7D
6.5%
1Y
124.3%

Sanmina: Attractive Growth Path Ahead

Apr 17
PLXS
US$249.87
Plexus
7D
12.1%
1Y
99.3%
FLEX
US$86.90
Flex
7D
8.7%
1Y
150.7%
FWDI
US$4.66
Forward Industries
7D
-2.3%
1Y
-19.4%
DAIO
US$2.54
Data I/O
7D
-2.7%
1Y
20.4%
OPTX
US$10.32
Syntec Optics Holdings
7D
-6.6%
1Y
545.0%
WTO
US$2.24
UTime
7D
-10.1%
1Y
-99.7%