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U.S. Electronic Equipment and Components Industry Analysis

UpdatedAug 23, 2025
DataAggregated Company Financials
Companies183
  • 7D1.1%
  • 3M21.4%
  • 1Y28.9%
  • YTD26.2%

In the last week, the Electronic Equipment and Components industry is up 1.1%, with Flex up 6.0%. Meanwhile, Fabrinet actually underperformed within the industry, shrinking 11% in the last week. In the last 12 months, the industry was up 29%. As for the next few years, earnings are expected to grow by 21% 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
Sat, 23 Aug 2025US$565.7bUS$386.6bUS$13.5b23.9x42x1.5x
Mon, 21 Jul 2025US$556.1bUS$377.6bUS$13.6b23.9x40.8x1.5x
Wed, 18 Jun 2025US$500.4bUS$376.8bUS$13.5b22.5x37x1.3x
Fri, 16 May 2025US$481.6bUS$375.4bUS$13.3b21.2x36.1x1.3x
Sun, 13 Apr 2025US$388.7bUS$371.4bUS$13.9b19.2x28x1x
Tue, 11 Mar 2025US$431.7bUS$371.1bUS$14.7b20.5x29.4x1.2x
Thu, 06 Feb 2025US$477.2bUS$370.9bUS$14.6b24.5x32.6x1.3x
Sat, 04 Jan 2025US$457.2bUS$368.1bUS$15.5b25.9x29.5x1.2x
Mon, 02 Dec 2024US$478.8bUS$369.6bUS$15.5b26.4x30.8x1.3x
Wed, 30 Oct 2024US$464.0bUS$372.3bUS$16.2b23.6x28.7x1.2x
Fri, 27 Sep 2024US$441.1bUS$323.2bUS$15.8b23.3x27.9x1.4x
Sun, 25 Aug 2024US$447.9bUS$324.2bUS$15.9b22.4x28.1x1.4x
Tue, 23 Jul 2024US$437.7bUS$329.2bUS$15.1b22.4x29.1x1.3x
Thu, 20 Jun 2024US$440.8bUS$331.2bUS$15.2b21x29x1.3x
Sat, 18 May 2024US$433.5bUS$331.4bUS$15.4b20.6x28.1x1.3x
Mon, 15 Apr 2024US$407.3bUS$338.7bUS$15.7b18.8x26x1.2x
Wed, 13 Mar 2024US$413.9bUS$341.3bUS$14.9b19.4x27.7x1.2x
Fri, 09 Feb 2024US$395.3bUS$342.1bUS$14.7b20.1x26.9x1.2x
Sun, 07 Jan 2024US$387.7bUS$352.2bUS$13.7b20x28.2x1.1x
Tue, 05 Dec 2023US$374.1bUS$353.4bUS$13.8b18x27.1x1.1x
Thu, 02 Nov 2023US$343.9bUS$355.4bUS$13.9b16.7x24.7x1x
Sat, 30 Sep 2023US$370.3bUS$358.4bUS$14.4b16.3x25.7x1x
Mon, 28 Aug 2023US$378.5bUS$360.3bUS$14.6b16.7x25.9x1.1x
Wed, 26 Jul 2023US$399.2bUS$361.2bUS$14.8b16.9x26.9x1.1x
Fri, 23 Jun 2023US$384.5bUS$362.7bUS$15.1b17.4x25.5x1.1x
Sun, 21 May 2023US$358.6bUS$362.4bUS$15.1b15.4x23.8x1x
Tue, 18 Apr 2023US$363.0bUS$361.4bUS$16.1b16.8x22.5x1x
Thu, 16 Mar 2023US$352.6bUS$359.3bUS$15.9b16.3x22.1x1x
Sat, 11 Feb 2023US$380.7bUS$360.6bUS$16.1b17x23.6x1.1x
Mon, 09 Jan 2023US$354.2bUS$354.1bUS$16.5b16.3x21.4x1x
Wed, 07 Dec 2022US$353.6bUS$353.0bUS$16.6b16.2x21.3x1x
Fri, 04 Nov 2022US$354.0bUS$350.2bUS$16.7b15.2x21.2x1x
Sun, 02 Oct 2022US$319.8bUS$346.2bUS$16.9b14.1x19x0.9x
Tue, 30 Aug 2022US$363.7bUS$334.4bUS$16.7b16x21.8x1.1x
Price to Earnings Ratio

21.8x


Total Market Cap: US$363.7bTotal Earnings: US$16.7bTotal Revenue: US$334.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 27.4x202320242025
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 42.0x which is higher than its 3-year average PE of 27.4x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 6.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.0% 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, which has decreased profits.

Industry Trends

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

US Market0.45%
Tech-1.42%
Electronic Equipment and Components1.14%
Technology Distributors2.74%
Electronic Equipment and Instruments2.22%
Electronic Manufacturing Services0.50%
Electronic Components0.36%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 50.1x.
    • Analysts are expecting annual earnings growth of 23.1%, which is higher than its past year's earnings decline of 1.8% 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 15.2x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 1.8% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 14% 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
FLEX FlexUS$51.926.0%
+US$1.1b		57.7%PE21.9x
TEL TE ConnectivityUS$205.001.1%
+US$676.7m		33.9%PE41.6x
TDY Teledyne TechnologiesUS$551.062.3%
+US$590.3m		30.4%PE30.1x
KEYS Keysight TechnologiesUS$166.872.1%
+US$545.7m		7.7%PE52.7x
CDW CDWUS$167.002.0%
+US$424.6m		-27.3%PE20.3x

Latest News

OSIS
US$228.70
OSI Systems
7D
-2.4%
1Y
52.5%
LFUS
US$262.94
Littelfuse
7D
4.9%
1Y
-3.7%

Littelfuse: Mixed Signals Make This Stock A Hold

Aug 22
FLEX
US$51.92
Flex
7D
6.0%
1Y
57.7%
TEL
US$205.00
TE Connectivity
7D
1.1%
1Y
33.9%

TE Connectivity plc (NYSE:TEL) Shares Could Be 34% Above Their Intrinsic Value Estimate

Aug 21
TE Connectivity plc (NYSE:TEL) Shares Could Be 34% Above Their Intrinsic Value Estimate
KEYS
US$166.87
Keysight Technologies
7D
2.1%
1Y
7.7%
FN
US$294.35
Fabrinet
7D
-10.7%
1Y
10.1%

AWS Partnership And Telecom Wins Will Unlock Future Potential

Despite a higher discount rate, the consensus analyst price target for Fabrinet has increased—driven primarily by a modest rise in forward P/E—resulting in a new fair value estimate of $321.25. What's in the News Fabrinet issued Q1 earnings guidance, projecting revenue of $910 million to $950 million.
FEIM
US$29.01
Frequency Electronics
7D
-5.7%
1Y
112.1%

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Aug 20
Here's Why We Think Frequency Electronics (NASDAQ:FEIM) Is Well Worth Watching
OUST
US$30.65
Ouster
7D
-11.7%
1Y
300.7%

Lidar And Physical AI Will Transform Industrial Automation Worldwide

With both Net Profit Margin and Discount Rate showing only marginal movement, the fair value estimate for Ouster remains effectively unchanged at $35.00. What's in the News Ouster is expanding its BlueCity traffic management solution in Utah, supported by a five-year contract with UDOT, to over a hundred intersections across multiple cities.
COHR
US$89.90
Coherent
7D
-3.7%
1Y
13.3%

AI Data Centers And Texas Manufacturing Will Strengthen Future Fundamentals

Coherent’s price target was maintained as analysts balanced near-term concerns over modest results and elevated expectations with optimism on ongoing market share gains in high-speed optical markets and supportive long-term demand trends, leaving the consensus fair value unchanged at $111.44. Analyst Commentary Bullish analysts cite slightly better than expected Q4 results, with Coherent trading at a significant discount to peers and suggesting opportunity on post-earnings weakness.
INVZ
US$1.65
Innoviz Technologies
7D
-7.0%
1Y
135.7%

Autonomous Vehicles And Smart Infrastructure Will Expand LiDAR Opportunities

With both Innoviz Technologies' Future P/E and Net Profit Margin essentially unchanged, analyst sentiment and fair value assessments remain steady, as reflected in the consensus price target holding at $2.93. What's in the News Innoviz Technologies reiterated 2025 revenue guidance of $50-$60 million, more than doubling 2024 revenue.
SANM
US$115.48
Sanmina
7D
-1.3%
1Y
63.2%

Sanmina Q3: Despite Soft Guidance, Investor Enthusiasm Is High; Hold For Now

Aug 13
JBL
US$209.84
Jabil
7D
-2.5%
1Y
93.4%
CDW
US$167.00
CDW
7D
2.0%
1Y
-27.3%
ARW
US$130.07
Arrow Electronics
7D
5.1%
1Y
-2.3%
CGNX
US$44.76
Cognex
7D
4.8%
1Y
12.8%
TDY
US$551.06
Teledyne Technologies
7D
2.3%
1Y
30.4%