Here's Why I Think Taitron Components (NASDAQ:TAIT) Might Deserve Your Attention Today
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U.S. Technology Distributors Industry Analysis
UpdatedMay 29, 2022
DataAggregated Company Financials
Companies26
- 7D5.3%
- 3M-0.4%
- 1Y-1.4%
- YTD-10.2%
In the last week, the Technology Distributors industry is up 5.3%, with CDW up 6.8%. Meanwhile, Taitron Components actually underperformed within the industry, shrinking 6.4% in the last week. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the U.S. Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 29 May 2022 | US$53.4b | US$141.6b | US$3.8b | 14x |
| Tue, 26 Apr 2022 | US$29.0b | US$116.6b | US$2.5b | 13.6x |
| Thu, 24 Mar 2022 | US$31.3b | US$106.0b | US$2.4b | 13.6x |
| Sat, 19 Feb 2022 | US$29.9b | US$106.0b | US$2.4b | 12.9x |
| Mon, 17 Jan 2022 | US$57.3b | US$124.0b | US$3.2b | 15x |
| Wed, 15 Dec 2021 | US$56.2b | US$119.1b | US$3.4b | 15.2x |
| Fri, 12 Nov 2021 | US$57.1b | US$119.1b | US$3.4b | 17.3x |
| Sun, 10 Oct 2021 | US$53.8b | US$115.7b | US$3.0b | 17.3x |
| Tue, 07 Sep 2021 | US$59.8b | US$116.4b | US$2.8b | 18.3x |
| Thu, 05 Aug 2021 | US$52.4b | US$115.9b | US$2.9b | 16x |
| Sun, 09 May 2021 | US$51.4b | US$109.9b | US$2.5b | 16.7x |
| Wed, 10 Feb 2021 | US$40.0b | US$106.1b | US$2.0b | 14.5x |
| Tue, 03 Nov 2020 | US$37.4b | US$101.4b | US$1.7b | 13.1x |
| Fri, 07 Aug 2020 | US$35.9b | US$101.1b | US$1.7b | 14.4x |
| Thu, 30 Apr 2020 | US$33.2b | US$103.7b | US$1.2b | 12.4x |
| Sun, 02 Feb 2020 | US$41.6b | US$105.2b | US$1.5b | 14.9x |
| Wed, 06 Nov 2019 | US$40.5b | US$104.3b | US$1.6b | 13.2x |
| Sat, 10 Aug 2019 | US$38.1b | US$103.1b | US$1.6b | 12.7x |
Median PE Ratio
12.2x
Current Industry PE
- Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 14.5x.
Past Earnings Growth
- The earnings for companies in the Technology Distributors industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Technology Distributors compare with similar industries?
| US Market | 6.18% | |
| Tech | 7.63% | |
| Electronic Equipment and Components | 5.20% | |
| Technology Distributors | 5.28% | |
| Electronic Manufacturing Services | 5.85% | |
| Electronic Components | 5.15% | |
| Electronic Equipment and Instruments | 4.83% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CDW CDW | US$171.10 | 6.8% +US$1.5b | 3.4% | PS23x | |
| SNX TD SYNNEX | US$102.62 | 6.8% +US$629.5m | -18.9% | PS22.6x | |
| ARW Arrow Electronics | US$121.33 | 2.5% +US$198.8m | 0.8% | PS6.3x | |
| AVT Avnet | US$48.28 | 4.3% +US$193.4m | 9.6% | PS8.9x | |
| SCSC ScanSource | US$38.85 | 6.7% +US$61.8m | 27.3% | PS11x |