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U.S. Electronic Equipment and Components Industry Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies183
  • 7D2.7%
  • 3M5.5%
  • 1Y18.1%
  • YTD7.9%

Over the last 7 days, the Electronic Equipment and Components industry has risen 2.7%, driven by gains in Jabil and Amphenol of 3.7% and 0.8%, respectively. In the same time, Fabrinet was down 8.6%. This takes the industry's 12 month performance to a gain of 18%. As for the next few years, earnings are expected to grow by 13% 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
Fri, 29 Mar 2024US$422.9bUS$338.7bUS$15.7b19.1x27x1.2x
Sun, 25 Feb 2024US$407.9bUS$341.1bUS$14.9b19x27.3x1.2x
Tue, 23 Jan 2024US$396.7bUS$350.3bUS$13.7b19.7x29x1.1x
Thu, 21 Dec 2023US$405.9bUS$352.2bUS$13.7b21x29.6x1.2x
Sat, 18 Nov 2023US$367.4bUS$353.7bUS$13.9b18.7x26.4x1x
Mon, 16 Oct 2023US$358.3bUS$358.4bUS$14.4b16.7x24.9x1x
Wed, 13 Sep 2023US$376.5bUS$360.4bUS$14.6b16.4x25.8x1x
Fri, 11 Aug 2023US$386.9bUS$359.6bUS$15.1b17.8x25.6x1.1x
Sun, 09 Jul 2023US$392.7bUS$361.6bUS$15.0b17.1x26.1x1.1x
Tue, 06 Jun 2023US$370.2bUS$362.6bUS$15.1b16.3x24.5x1x
Thu, 04 May 2023US$343.2bUS$360.0bUS$15.4b15.7x22.2x1x
Sat, 01 Apr 2023US$376.7bUS$361.3bUS$16.2b17.5x23.3x1x
Mon, 27 Feb 2023US$366.2bUS$359.2bUS$15.9b16.9x23.1x1x
Wed, 25 Jan 2023US$376.2bUS$354.7bUS$16.6b16.7x22.6x1.1x
Fri, 23 Dec 2022US$337.9bUS$354.0bUS$16.5b15.5x20.4x1x
Sun, 20 Nov 2022US$357.6bUS$353.0bUS$16.6b16.5x21.6x1x
Tue, 18 Oct 2022US$317.8bUS$346.3bUS$16.9b14.1x18.8x0.9x
Thu, 15 Sep 2022US$352.7bUS$334.5bUS$16.7b15.7x21.2x1.1x
Sat, 13 Aug 2022US$386.3bUS$333.9bUS$16.7b15.8x23.2x1.2x
Mon, 11 Jul 2022US$336.9bUS$326.6bUS$15.8b16.8x21.3x1x
Wed, 08 Jun 2022US$372.0bUS$316.0bUS$15.7b18x23.6x1.2x
Fri, 06 May 2022US$368.5bUS$313.5bUS$15.4b15.8x24x1.2x
Sun, 03 Apr 2022US$372.3bUS$287.0bUS$13.9b16.7x26.8x1.3x
Tue, 01 Mar 2022US$371.1bUS$274.9bUS$14.3b16.2x25.9x1.3x
Thu, 27 Jan 2022US$394.5bUS$289.7bUS$14.6b17x27x1.4x
Sat, 25 Dec 2021US$448.6bUS$284.9bUS$14.8b18.4x30.4x1.6x
Mon, 22 Nov 2021US$453.2bUS$284.2bUS$14.7b18.8x30.8x1.6x
Wed, 20 Oct 2021US$427.5bUS$277.1bUS$13.2b20.7x32.3x1.5x
Fri, 17 Sep 2021US$432.7bUS$277.0bUS$13.1b20.6x32.9x1.6x
Sun, 15 Aug 2021US$426.0bUS$277.4bUS$13.1b20.6x32.5x1.5x
Thu, 10 Jun 2021US$407.0bUS$265.3bUS$11.3b24.7x36.1x1.5x
Price to Earnings Ratio

40.2x


Total Market Cap: US$393.3bTotal Earnings: US$9.8bTotal Revenue: US$258.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 26.8x202220232024
Current Industry PE
  • Investors are relatively neutral on the American Electronic 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 26.8x.
  • The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 9.4% 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 Market0.17%
Tech-0.85%
Electronic Equipment and Components0.98%
Technology Distributors2.10%
Electronic Equipment and Instruments1.36%
Electronic Manufacturing Services0.59%
Electronic Components0.29%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry, which is trading close to its 3-year average PE ratio of 57.9x.
    • Analysts are expecting annual earnings growth of 18.4%, which is higher than its past year's earnings decline of 0.7% per year.
  • Investors are most pessimistic about the Electronic Manufacturing Services industry, which is trading below its 3-year average of 18.5x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings decline of 0.7% per year.
  • In contrast, the Electronic Manufacturing Services industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
JBL JabilUS$133.953.7%
+US$604.6m
54.4%PE11.3x
APH AmphenolUS$115.350.8%
+US$563.9m
43.0%PE35.9x
SNX TD SYNNEXUS$113.107.7%
+US$461.8m
19.7%PE15.7x
ARW Arrow ElectronicsUS$129.465.9%
+US$410.9m
5.7%PE7.7x
TEL TE ConnectivityUS$145.240.9%
+US$386.8m
12.5%PE13.6x
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Latest News

SNX

US$113.10

TD SYNNEX

7D

7.7%

1Y

19.7%

KEYS

US$156.38

Keysight Technologies

7D

1.4%

1Y

-1.1%

ARW

US$129.46

Arrow Electronics

7D

5.9%

1Y

5.7%

COHR

US$60.62

Coherent

7D

-4.1%

1Y

62.4%

GLW

US$32.96

Corning

7D

-0.5%

1Y

-5.3%

JBL

US$133.95

Jabil

7D

3.7%

1Y

54.4%

TEL

US$145.24

TE Connectivity

7D

0.9%

1Y

12.5%

ARLO

US$12.65

Arlo Technologies

7D

-2.9%

1Y

117.0%

NSIT

US$185.52

Insight Enterprises

7D

-0.8%

1Y

33.0%

NOVT

US$174.77

Novanta

7D

-0.5%

1Y

12.6%