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Jul 31
U.S. Electronic Equipment and Components Industry Analysis
UpdatedAug 01, 2024
DataAggregated Company Financials
Companies181
- 7D1.1%
- 3M7.0%
- 1Y16.1%
- YTD13.0%
Over the last 7 days, the Electronic Equipment and Components industry has risen 1.1%, driven by gains from Amphenol of 4.0%. Meanwhile, Corning actually underperformed within the industry, shrinking 6.5% in the last week. This takes the industry's 12 month performance to a gain of 16%. As for the next few years, earnings are expected to grow by 15% per annum.
Industry Valuation and Performance
Has the U.S. Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 02 Aug 2024 | US$436.2b | US$327.3b | US$14.9b | 23.2x | 29.3x | 1.3x |
| Sun, 30 Jun 2024 | US$430.2b | US$329.4b | US$15.1b | 21.6x | 28.5x | 1.3x |
| Tue, 28 May 2024 | US$440.3b | US$331.3b | US$15.3b | 21.6x | 28.9x | 1.3x |
| Thu, 25 Apr 2024 | US$405.3b | US$338.8b | US$15.9b | 19.2x | 25.5x | 1.2x |
| Sat, 23 Mar 2024 | US$417.7b | US$339.8b | US$15.7b | 19x | 26.7x | 1.2x |
| Mon, 19 Feb 2024 | US$406.1b | US$341.3b | US$15.0b | 19.5x | 27x | 1.2x |
| Wed, 17 Jan 2024 | US$390.2b | US$350.3b | US$13.7b | 19.4x | 28.5x | 1.1x |
| Fri, 15 Dec 2023 | US$389.8b | US$352.2b | US$13.7b | 21.4x | 28.4x | 1.1x |
| Sun, 12 Nov 2023 | US$354.9b | US$353.6b | US$13.9b | 17.5x | 25.6x | 1x |
| Tue, 10 Oct 2023 | US$367.4b | US$358.4b | US$14.4b | 17x | 25.5x | 1x |
| Thu, 07 Sep 2023 | US$383.6b | US$360.4b | US$14.6b | 16.3x | 26.2x | 1.1x |
| Sat, 05 Aug 2023 | US$389.3b | US$359.4b | US$15.1b | 16.8x | 25.8x | 1.1x |
| Mon, 03 Jul 2023 | US$396.2b | US$361.6b | US$15.1b | 17x | 26.3x | 1.1x |
| Wed, 31 May 2023 | US$365.5b | US$362.6b | US$15.1b | 16.5x | 24.2x | 1x |
| Fri, 28 Apr 2023 | US$343.2b | US$361.2b | US$15.6b | 15.2x | 21.9x | 1x |
| Sun, 26 Mar 2023 | US$358.4b | US$360.1b | US$15.9b | 16.7x | 22.6x | 1x |
| Tue, 21 Feb 2023 | US$386.0b | US$359.1b | US$15.8b | 17.2x | 24.4x | 1.1x |
| Thu, 19 Jan 2023 | US$371.5b | US$354.7b | US$16.6b | 16.7x | 22.4x | 1x |
| Sat, 17 Dec 2022 | US$343.4b | US$354.1b | US$16.5b | 15.8x | 20.8x | 1x |
| Mon, 14 Nov 2022 | US$384.0b | US$354.3b | US$16.5b | 15.8x | 23.3x | 1.1x |
| Wed, 12 Oct 2022 | US$321.5b | US$346.3b | US$16.9b | 14.2x | 19x | 0.9x |
| Fri, 09 Sep 2022 | US$357.3b | US$334.4b | US$16.7b | 15.8x | 21.4x | 1.1x |
| Sun, 07 Aug 2022 | US$377.8b | US$332.6b | US$16.4b | 16x | 23x | 1.1x |
| Tue, 05 Jul 2022 | US$328.3b | US$326.6b | US$15.8b | 16.4x | 20.8x | 1x |
| Thu, 02 Jun 2022 | US$362.7b | US$316.2b | US$15.7b | 16.8x | 23.1x | 1.1x |
| Sat, 30 Apr 2022 | US$343.5b | US$290.7b | US$14.3b | 15.8x | 24x | 1.2x |
| Mon, 28 Mar 2022 | US$376.3b | US$287.0b | US$14.0b | 15.9x | 27x | 1.3x |
| Wed, 23 Feb 2022 | US$368.2b | US$274.8b | US$14.4b | 15.8x | 25.6x | 1.3x |
| Fri, 21 Jan 2022 | US$409.2b | US$289.7b | US$14.6b | 17.7x | 28x | 1.4x |
| Sun, 19 Dec 2021 | US$438.2b | US$284.9b | US$14.8b | 18.2x | 29.6x | 1.5x |
| Tue, 16 Nov 2021 | US$456.2b | US$284.3b | US$14.7b | 19.8x | 31.1x | 1.6x |
| Thu, 14 Oct 2021 | US$409.7b | US$277.1b | US$13.2b | 20.4x | 31x | 1.5x |
| Sat, 11 Sep 2021 | US$433.1b | US$278.0b | US$12.9b | 19.5x | 33.7x | 1.6x |
| Mon, 09 Aug 2021 | US$425.3b | US$277.4b | US$13.1b | 21.4x | 32.4x | 1.5x |
Price to Earnings Ratio
32.4x
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 29.3x which is higher than its 3-year average PE of 25.8x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 4.3% per year over the last three years.
- Revenues for these companies have grown 5.7% 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 Market | 2.08% | |
| Tech | 2.05% | |
| Electronic Equipment and Components | 1.08% | |
| Electronic Equipment and Instruments | 2.23% | |
| Electronic Components | 1.08% | |
| Electronic Manufacturing Services | 0.59% | |
| Technology Distributors | -0.49% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 56.2x.
- Analysts are expecting annual earnings growth of 22.0%, which is higher than its past year's earnings growth of 1.0% per year.
- Investors are most pessimistic about the Electronic Manufacturing Services industry, which is trading close to its 3-year average of 17.0x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings growth rate of 1.0% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZBRA Zebra Technologies | US$342.58 | 5.6% +US$989.4m | 37.3% | PE76.8x | |
| APH Amphenol | US$62.12 | 0.6% +US$623.8m | 40.4% | PE35.6x | |
| ARW Arrow Electronics | US$128.94 | 7.3% +US$464.2m | 1.0% | PE9.6x | |
| BDC Belden | US$100.52 | 8.6% +US$324.2m | 13.2% | PE18.9x | |
| ITRI Itron | US$108.09 | 6.8% +US$316.5m | 41.2% | PE30.9x |
