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U.S. Electronic Equipment and Components Industry Analysis

UpdatedDec 30, 2025
DataAggregated Company Financials
Companies185
  • 7D-0.1%
  • 3M6.3%
  • 1Y45.2%
  • YTD45.6%

In the last week, the Electronic Equipment and Components industry is flat overall, with SMX (Security Matters) standing out by going down 43%. The past year has been better, since the industry has gained 45% in that time. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Dec 2025US$670.7bUS$397.3bUS$16.2b24.7x41.3x1.7x
Thu, 27 Nov 2025US$643.2bUS$396.1bUS$16.3b24.7x39.4x1.6x
Sat, 25 Oct 2025US$655.6bUS$390.7bUS$14.3b25.9x45.7x1.7x
Mon, 22 Sep 2025US$630.0bUS$386.6bUS$13.5b24.3x46.6x1.6x
Wed, 20 Aug 2025US$577.4bUS$386.4bUS$13.7b23x42.3x1.5x
Fri, 18 Jul 2025US$545.3bUS$377.6bUS$13.6b24.3x40x1.4x
Sun, 15 Jun 2025US$490.8bUS$375.7bUS$13.4b22x36.7x1.3x
Tue, 13 May 2025US$454.4bUS$375.4bUS$13.3b21.6x34x1.2x
Thu, 10 Apr 2025US$365.2bUS$371.4bUS$13.9b19.9x26.3x1x
Sat, 08 Mar 2025US$427.3bUS$371.1bUS$14.7b21.1x29.1x1.2x
Mon, 03 Feb 2025US$483.0bUS$370.8bUS$14.8b25.4x32.6x1.3x
Wed, 01 Jan 2025US$459.9bUS$368.1bUS$15.5b25.4x29.6x1.2x
Fri, 29 Nov 2024US$475.8bUS$369.6bUS$15.5b26.4x30.6x1.3x
Sun, 27 Oct 2024US$461.9bUS$372.2bUS$16.6b23.7x27.8x1.2x
Tue, 24 Sep 2024US$444.5bUS$323.9bUS$15.8b23.1x28.2x1.4x
Thu, 22 Aug 2024US$436.3bUS$324.2bUS$15.9b22.3x27.4x1.3x
Sat, 20 Jul 2024US$446.3bUS$329.1bUS$15.0b22.1x29.7x1.4x
Mon, 17 Jun 2024US$431.1bUS$331.2bUS$15.2b21x28.3x1.3x
Wed, 15 May 2024US$423.7bUS$331.4bUS$15.4b21.1x27.4x1.3x
Fri, 12 Apr 2024US$412.9bUS$338.7bUS$15.7b19.1x26.3x1.2x
Sun, 10 Mar 2024US$417.1bUS$341.2bUS$14.9b19.6x28x1.2x
Tue, 06 Feb 2024US$391.0bUS$344.8bUS$14.9b19.2x26.3x1.1x
Thu, 04 Jan 2024US$390.7bUS$352.2bUS$13.7b19.9x28.5x1.1x
Sat, 02 Dec 2023US$368.6bUS$353.4bUS$13.8b17.1x26.7x1x
Mon, 30 Oct 2023US$339.7bUS$357.6bUS$14.4b16.4x23.6x1x
Wed, 27 Sep 2023US$358.1bUS$360.4bUS$14.6b15.5x24.5x1x
Fri, 25 Aug 2023US$376.0bUS$360.3bUS$14.6b16.8x25.8x1x
Sun, 23 Jul 2023US$395.2bUS$361.5bUS$15.1b16.8x26.2x1.1x
Tue, 20 Jun 2023US$390.1bUS$362.8bUS$15.1b16.3x25.8x1.1x
Thu, 18 May 2023US$355.4bUS$362.4bUS$15.1b17.1x23.6x1x
Sat, 15 Apr 2023US$363.3bUS$361.4bUS$16.1b16.8x22.5x1x
Mon, 13 Mar 2023US$356.2bUS$359.3bUS$15.9b16.7x22.3x1x
Wed, 08 Feb 2023US$386.0bUS$358.5bUS$16.3b17.7x23.8x1.1x
Fri, 06 Jan 2023US$343.4bUS$354.0bUS$16.5b15.8x20.8x1x
Price to Earnings Ratio

20.8x


Total Market Cap: US$343.4bTotal Earnings: US$16.5bTotal Revenue: US$354.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 30x20242025
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 41.3x which is higher than its 3-year average PE of 30.0x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 3.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

US Market-0.18%
Tech-0.17%
Electronic Equipment and Components-0.13%
Electronic Components0.46%
Technology Distributors0.26%
Electronic Equipment and Instruments-0.61%
Electronic Manufacturing Services-0.87%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 44.4x.
    • Analysts are expecting annual earnings growth of 24.1%, which is lower than the prior year's growth of 27.6% per year.
  • Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 15.8x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 24% 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 12% 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
APH AmphenolUS$136.901.3%
+US$2.2b		97.0%PE43.9x
JBL JabilUS$234.972.3%
+US$554.4m		63.4%PE35.7x
KEYS Keysight TechnologiesUS$206.851.5%
+US$539.5m		28.3%PE40.9x
NSIT Insight EnterprisesUS$83.663.9%
+US$97.9m		-45.0%PE18.2x
NOVT NovantaUS$122.602.0%
+US$84.4m		-19.5%PE83x

Latest News

KEYS
US$206.85
Keysight Technologies
7D
1.5%
1Y
28.3%
LPTH
US$10.29
LightPath Technologies
7D
18.1%
1Y
191.5%

LPTH: Record Backlog And Major Orders Will Drive Stronger Earnings Power

Analysts have raised their price target on LightPath Technologies to $11 from $7, citing faster projected revenue growth, expanding margins and a robust, potentially transformational backlog that supports stronger long term earnings power. Analyst Commentary Bullish analysts are coalescing around a higher valuation framework for LightPath Technologies, pointing to accelerating demand trends, a swelling backlog and evidence that the company is successfully moving up the value chain into higher margin systems and solutions.
COHR
US$189.02
Coherent
7D
-1.0%
1Y
99.3%

COHR: AI Optical Demand Will Drive Capacity Utilization Amid Auto And China Headwinds

The analyst price target for Coherent has been nudged higher, with our fair value estimate rising about 2 percent to approximately $178 per share as analysts factor in the recent wave of target increases tied to stronger than expected earnings, AI driven optical demand, and improving confidence in the company’s capacity expansion. Analyst Commentary Bullish analysts are largely aligned that Coherent is entering a period of stronger execution, with price targets moving higher as earnings outpace expectations and guidance points to sustained demand from AI and cloud customers.
NOVT
US$122.60
Novanta
7D
2.0%
1Y
-19.5%

NOVT: New Equity Raise Will Strengthen Balance Sheet And Support Future Deals

Analysts have maintained their price target for Novanta at approximately $154 per share. This reflects a steady outlook, as incremental adjustments to discount rate assumptions and long term growth and profitability estimates are viewed as too minor to warrant a change in fair value.
TDY
US$516.27
Teledyne Technologies
7D
-0.5%
1Y
11.2%
JBL
US$234.97
Jabil
7D
2.3%
1Y
63.4%
TEL
US$231.80
TE Connectivity
7D
-0.4%
1Y
62.1%
GLW
US$89.00
Corning
7D
-0.4%
1Y
87.3%
NSIT
US$83.66
Insight Enterprises
7D
3.9%
1Y
-45.0%
APH
US$136.90
Amphenol
7D
1.3%
1Y
97.0%

APH: AI Connectivity Demand Will Support Margins And Sustained Earnings Outperformance

The Analyst Price Target for Amphenol has inched higher to approximately $149 per share from about $148 per share, as analysts point to sustained earnings beats, improving margin outlooks and rising end market demand across autos, hyperscale data centers and broader connectivity applications. Analyst Commentary Bullish analysts have broadly raised their price targets on Amphenol following a string of earnings beats and constructive guidance, highlighting both cyclical recovery and structural growth drivers across key end markets.
FLEX
US$62.56
Flex
7D
-1.9%
1Y
61.9%

FLEX: AI And Data Center Demand Will Drive Multi-Year Earnings Upside

The analyst price target for Flex has been raised from $64 to $78 per share, reflecting analysts' increased conviction in faster revenue growth, stronger margins, and higher future earnings multiples supported by robust Q2 results, upgraded AI and data center expectations, and a sustained mix shift toward higher-value power, cloud, and auto end markets. Analyst Commentary Bullish analysts are broadly revising their models higher following Flex's fiscal Q2 beat, pointing to a combination of stronger execution, higher quality revenue mix, and increasing visibility into key secular growth drivers such as AI, data centers, and autos.
FN
US$472.08
Fabrinet
7D
-3.0%
1Y
114.7%
AMCI
US$8.91
AMC Robotics
7D
41.0%
1Y
-21.8%
RCAT
US$7.81
Red Cat Holdings
7D
-14.9%
1Y
-39.2%
SMX
US$84.95
SMX (Security Matters)
7D
-42.8%
1Y
-99.8%
TROO
US$2.45
TROOPS
7D
26.3%
1Y
49.4%