Narrative Update • Jun 02

In the last week, the Technology Distributors industry is up 6.6%, with CDW up 29%. This means that the industry has gained 27% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.
Has the U.S. Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 03 Jun 2026 | US$74.7b | US$219.3b | US$3.8b | 19.9x | 19.5x | 0.3x |
| Fri, 01 May 2026 | US$66.8b | US$214.3b | US$3.6b | 16.4x | 18.3x | 0.3x |
| Sun, 29 Mar 2026 | US$52.4b | US$209.8b | US$3.5b | 14.8x | 14.9x | 0.2x |
| Tue, 24 Feb 2026 | US$56.4b | US$208.2b | US$3.5b | 15.9x | 16.3x | 0.3x |
| Thu, 22 Jan 2026 | US$51.2b | US$205.7b | US$3.4b | 17.3x | 15.3x | 0.2x |
| Sat, 20 Dec 2025 | US$54.2b | US$204.1b | US$3.3b | 17.4x | 16.5x | 0.3x |
| Mon, 17 Nov 2025 | US$54.0b | US$204.1b | US$3.3b | 17.8x | 16.4x | 0.3x |
| Wed, 15 Oct 2025 | US$55.9b | US$201.8b | US$3.3b | 17.7x | 17.1x | 0.3x |
| Fri, 12 Sep 2025 | US$60.6b | US$200.8b | US$3.2b | 18.2x | 18.7x | 0.3x |
| Sun, 10 Aug 2025 | US$57.9b | US$200.8b | US$3.2b | 17.4x | 17.9x | 0.3x |
| Tue, 08 Jul 2025 | US$62.5b | US$198.1b | US$3.3b | 17.3x | 18.9x | 0.3x |
| Thu, 05 Jun 2025 | US$58.7b | US$197.1b | US$3.3b | 16.7x | 18x | 0.3x |
| Sat, 03 May 2025 | US$55.2b | US$195.9b | US$3.2b | 15x | 17.2x | 0.3x |
| Mon, 31 Mar 2025 | US$53.8b | US$196.5b | US$3.3b | 15.7x | 16.4x | 0.3x |
| Wed, 26 Feb 2025 | US$62.7b | US$195.5b | US$3.3b | 18.3x | 18.8x | 0.3x |
| Fri, 24 Jan 2025 | US$65.9b | US$196.8b | US$3.6b | 19x | 18.4x | 0.3x |
| Sun, 22 Dec 2024 | US$59.6b | US$195.3b | US$3.6b | 16.2x | 16.8x | 0.3x |
| Tue, 19 Nov 2024 | US$60.4b | US$195.3b | US$3.5b | 16.3x | 17x | 0.3x |
| Thu, 17 Oct 2024 | US$65.8b | US$149.9b | US$3.5b | 22.1x | 18.9x | 0.4x |
| Sat, 14 Sep 2024 | US$62.4b | US$149.2b | US$3.4b | 21.9x | 18.1x | 0.4x |
| Mon, 12 Aug 2024 | US$61.8b | US$149.4b | US$3.4b | 20x | 18x | 0.4x |
| Wed, 10 Jul 2024 | US$61.5b | US$152.4b | US$3.6b | 19.9x | 17x | 0.4x |
| Fri, 07 Jun 2024 | US$65.2b | US$152.5b | US$3.6b | 17.7x | 18x | 0.4x |
| Sun, 05 May 2024 | US$62.5b | US$152.6b | US$3.6b | 16x | 17.2x | 0.4x |
| Tue, 02 Apr 2024 | US$67.4b | US$155.6b | US$3.9b | 15.5x | 17.1x | 0.4x |
| Thu, 29 Feb 2024 | US$64.0b | US$156.7b | US$3.9b | 12.5x | 16.3x | 0.4x |
| Sat, 27 Jan 2024 | US$62.3b | US$159.9b | US$4.2b | 14.8x | 15x | 0.4x |
| Mon, 25 Dec 2023 | US$62.9b | US$161.7b | US$4.2b | 12.6x | 15x | 0.4x |
| Wed, 22 Nov 2023 | US$58.4b | US$161.7b | US$4.2b | 11.6x | 13.9x | 0.4x |
| Fri, 20 Oct 2023 | US$55.8b | US$164.4b | US$4.3b | 11.8x | 13x | 0.3x |
| Sun, 17 Sep 2023 | US$58.7b | US$165.8b | US$4.3b | 11.7x | 13.6x | 0.4x |
| Tue, 15 Aug 2023 | US$58.4b | US$165.6b | US$4.4b | 12x | 13.2x | 0.4x |
| Thu, 13 Jul 2023 | US$56.5b | US$167.5b | US$4.6b | 12.6x | 12.3x | 0.3x |
| Sat, 10 Jun 2023 | US$52.8b | US$168.7b | US$4.6b | 12.4x | 11.5x | 0.3x |
11.5x
How does U.S. Technology Distributors compare with similar industries?
| US Market | 1.22% | |
| Tech | 6.93% | |
| Electronic Equipment and Components | 4.17% | |
| Technology Distributors | 14.40% | |
| Electronic Components | 5.62% | |
| Electronic Manufacturing Services | 3.11% | |
| Electronic Equipment and Instruments | -1.69% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CDW CDW | US$139.72 | 28.7% +US$4.0b | -22.1% | PE16.6x | |
| SNX TD SYNNEX | US$279.33 | 16.4% +US$3.2b | 127.2% | PE22.9x | |
| INGM Ingram Micro Holding | US$31.64 | 17.6% +US$1.1b | 64.4% | PE20.4x | |
| NSIT Insight Enterprises | US$119.70 | 19.6% +US$592.0m | -8.8% | PE20.1x | |
| AVT Avnet | US$92.93 | 4.3% +US$312.9m | 82.2% | PE35.6x |