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U.S. Electronic Equipment and Components Industry Analysis

UpdatedMay 01, 2026
DataAggregated Company Financials
Companies184
  • 7D-0.8%
  • 3M23.2%
  • 1Y102.9%
  • YTD29.4%

The Electronic Equipment and Components is pretty flat in the last 7 days, but TTM Technologies has stood out, gaining 19%. As for the the longer term, the industry is up 103% over the past 12 months. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the U.S. Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 May 2026US$834.0bUS$419.7bUS$16.8b28.2x49.7x2x
Sun, 29 Mar 2026US$709.3bUS$408.4bUS$15.3b28.8x46.4x1.7x
Tue, 24 Feb 2026US$773.1bUS$404.8bUS$15.0b27.3x51.4x1.9x
Thu, 22 Jan 2026US$687.9bUS$396.2bUS$16.3b28.1x42.2x1.7x
Sat, 20 Dec 2025US$647.8bUS$397.3bUS$16.2b24.9x40x1.6x
Mon, 17 Nov 2025US$635.6bUS$395.9bUS$16.0b23.7x39.7x1.6x
Wed, 15 Oct 2025US$623.1bUS$388.4bUS$13.7b25.4x45.4x1.6x
Fri, 12 Sep 2025US$608.2bUS$386.6bUS$13.5b24.2x45x1.6x
Sun, 10 Aug 2025US$579.2bUS$386.1bUS$13.7b23.8x42.4x1.5x
Tue, 08 Jul 2025US$544.3bUS$377.6bUS$13.6b24.2x40x1.4x
Thu, 05 Jun 2025US$492.5bUS$375.7bUS$13.4b21.6x36.8x1.3x
Sat, 03 May 2025US$433.9bUS$373.7bUS$13.5b20.2x32.1x1.2x
Mon, 31 Mar 2025US$422.9bUS$371.3bUS$13.9b20.5x30.4x1.1x
Wed, 26 Feb 2025US$462.5bUS$370.9bUS$14.8b22.5x31.2x1.2x
Fri, 24 Jan 2025US$506.7bUS$370.7bUS$14.4b26.8x35.2x1.4x
Sun, 22 Dec 2024US$463.8bUS$368.2bUS$15.5b25.7x29.9x1.3x
Tue, 19 Nov 2024US$458.3bUS$369.6bUS$15.8b23.5x28.9x1.2x
Thu, 17 Oct 2024US$455.0bUS$323.1bUS$15.9b23.9x28.7x1.4x
Sat, 14 Sep 2024US$424.0bUS$323.9bUS$15.8b22.2x26.9x1.3x
Mon, 12 Aug 2024US$409.8bUS$324.3bUS$15.6b21x26.3x1.3x
Wed, 10 Jul 2024US$434.8bUS$329.2bUS$15.1b21.2x28.8x1.3x
Fri, 07 Jun 2024US$433.3bUS$331.3bUS$15.2b21.5x28.4x1.3x
Sun, 05 May 2024US$412.5bUS$331.7bUS$15.4b19.6x26.8x1.2x
Tue, 02 Apr 2024US$423.1bUS$338.7bUS$15.7b18.9x27x1.2x
Thu, 29 Feb 2024US$408.7bUS$341.2bUS$14.9b18.8x27.4x1.2x
Sat, 27 Jan 2024US$400.8bUS$350.4bUS$15.2b19.8x26.4x1.1x
Mon, 25 Dec 2023US$406.9bUS$352.2bUS$13.7b21.2x29.6x1.2x
Wed, 22 Nov 2023US$369.5bUS$353.7bUS$13.9b18.4x26.6x1x
Fri, 20 Oct 2023US$350.7bUS$358.4bUS$14.4b16.8x24.3x1x
Sun, 17 Sep 2023US$372.3bUS$360.4bUS$14.6b15.7x25.5x1x
Tue, 15 Aug 2023US$388.6bUS$359.6bUS$15.0b15.5x26x1.1x
Thu, 13 Jul 2023US$403.4bUS$361.6bUS$15.1b17.6x26.8x1.1x
Sat, 10 Jun 2023US$373.2bUS$362.6bUS$15.1b16.9x24.7x1x
Mon, 08 May 2023US$347.1bUS$359.8bUS$15.1b16.6x23x1x
Price to Earnings Ratio

23x


Total Market Cap: US$347.1bTotal Earnings: US$15.1bTotal Revenue: US$359.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 32.8x202420252026
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 49.7x which is higher than its 3-year average PE of 32.8x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 3.6% per year over the last three years.
  • Revenues for these companies have grown 5.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Tech industry?

US Market0.59%
Tech-0.62%
Electronic Equipment and Components-0.77%
Electronic Manufacturing Services2.17%
Technology Distributors1.28%
Electronic Equipment and Instruments0.11%
Electronic Components-2.81%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 54.1x.
    • Analysts are expecting annual earnings growth of 22.1%, which is higher than its past year's earnings growth of 5.6% 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 16.3x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
TTMI TTM TechnologiesUS$158.2219.0%
+US$2.6b		577.6%PE84.1x
SANM SanminaUS$217.8221.0%
+US$1.8b		177.4%PE45x
FLEX FlexUS$91.555.4%
+US$1.7b		159.0%PE39.5x
KEYS Keysight TechnologiesUS$349.911.0%
+US$579.7m		140.4%PE61.2x
BHE Benchmark ElectronicsUS$82.0521.4%
+US$518.4m		143.7%PE86x

Latest News

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TTMI
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TTM Technologies
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19.0%
1Y
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Benchmark Electronics
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21.4%
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FN
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FN: Buybacks And Higher Long Term Assumptions Will Support Future Upside Potential

Analysts have raised their price target on Fabrinet from $715 to $850, citing updated assumptions for revenue growth, profit margin, and future P/E that contribute to a higher assessed fair value under a slightly adjusted discount rate. What's in the News Fabrinet reported that from September 27, 2025 to December 26, 2025 it repurchased 12,439 shares, representing 0.03% of shares, for US$4.81 million under its existing buyback program (Key Developments).
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Teledyne Technologies
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-0.9%
1Y
38.5%
KEYS
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SANM
US$217.82
Sanmina
7D
21.0%
1Y
177.4%
FLEX
US$91.55
Flex
7D
5.4%
1Y
159.0%

FLEX: AI Power Opportunities And Execution Risks Will Shape Future Margin Profile

Flex's updated analyst price target edges higher, with fair value rising by about $6 to $81, as analysts factor in slightly stronger revenue growth expectations, a modestly higher future P/E near 21x, and incremental margin upside related to its power business as an AI enabler. Analyst Commentary Recent Street research on Flex has centered on higher price targets, fresh coverage, and a focus on the power business as a potential AI beneficiary.
LASR
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nLIGHT
7D
-5.9%
1Y
777.5%

LASR: Directed Energy Defense Shift And Vertical Integration Will Shape Balanced Outlook

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COHR
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Coherent
7D
-5.3%
1Y
362.2%

COHR: AI Data Center Optics And Nvidia Deal Will Shape Future Risk Balance

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US$228.18
TD SYNNEX
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2.4%
1Y
104.0%

AI Data Center Dependence Will Weaken Margins As Hyperscale Demand Normalizes

Catalysts About TD SYNNEX TD SYNNEX distributes technology products and services and provides design, manufacturing and supply chain solutions for large cloud and data center customers. What are the underlying business or industry changes driving this perspective?
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TE Connectivity
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