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U.S. Tech Hardware Industry Analysis

UpdatedNov 27, 2022
DataAggregated Company Financials
Companies54
  • 7D-2.0%
  • 3M-9.2%
  • 1Y-5.9%
  • YTD-18.6%

Over the last 7 days, the Tech Hardware industry has dropped 2.0%, driven by Apple declining 2.1%. In contrast, Dell Technologies has gained 6.2%. The industry has fallen 5.9% in the last year. As for the next few years, earnings are expected to grow by 3.7% per annum.

Industry Valuation and Performance

Has the U.S. Tech Hardware Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022US$2.4tUS$467.0bUS$104.4b18x23.3x5.2x
Tue, 25 Oct 2022US$2.4tUS$460.8bUS$105.2b14.1x23.1x5.3x
Thu, 22 Sep 2022US$2.5tUS$461.4bUS$105.4b15x24.1x5.5x
Sat, 20 Aug 2022US$2.8tUS$461.1bUS$105.4b16.6x26.9x6.2x
Mon, 18 Jul 2022US$2.5tUS$459.6bUS$108.1b14.9x23.1x5.4x
Wed, 15 Jun 2022US$2.2tUS$459.6bUS$108.1b14.8x20.5x4.8x
Fri, 13 May 2022US$2.4tUS$459.1bUS$108.0b14.8x22.7x5.3x
Sun, 10 Apr 2022US$2.9tUS$450.9bUS$107.0b14.6x26.7x6.3x
Tue, 08 Mar 2022US$2.7tUS$450.9bUS$107.2b13.7x25.6x6.1x
Thu, 03 Feb 2022US$3.0tUS$554.6bUS$113.2b11.3x26.6x5.4x
Sat, 01 Jan 2022US$3.1tUS$552.8bUS$109.2b12.2x28.3x5.6x
Mon, 29 Nov 2021US$2.8tUS$552.5bUS$106.8b13.6x25.8x5x
Wed, 27 Oct 2021US$2.7tUS$527.4bUS$94.0b15.5x28.7x5.1x
Fri, 24 Sep 2021US$2.6tUS$526.6bUS$93.8b20.8x28.2x5x
Sun, 22 Aug 2021US$2.6tUS$526.7bUS$93.7b20.1x28.2x5x
Fri, 09 Jul 2021US$2.5tUS$511.7bUS$91.6b25.7x26.9x4.8x
Thu, 01 Apr 2021US$2.2tUS$495.9bUS$79.8b21.8x28x4.5x
Sun, 03 Jan 2021US$2.4tUS$462.7bUS$66.5b21.5x36.1x5.2x
Wed, 07 Oct 2020US$2.0tUS$346.3bUS$57.0b20.8x35.7x5.9x
Tue, 30 Jun 2020US$1.6tUS$349.8bUS$60.2b12x27.3x4.7x
Fri, 03 Apr 2020US$1.2tUS$345.2bUS$59.8b10.4x19.6x3.4x
Mon, 06 Jan 2020US$1.4tUS$346.0bUS$59.9b16.1x23.3x4x
Price to Earnings Ratio

22.1x


Total Market Cap: US$1.3tTotal Earnings: US$57.6bTotal Revenue: US$338.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 27.3x202020212022
Current Industry PE
  • Investors are pessimistic on the American Tech industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 23.3x which is lower than its 3-year average PE of 27.3x.
  • The industry is trading close to its 3-year average PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Tech industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market1.26%
Tech0.86%
Tech Hardware-2.01%
Tech Hardware Storage and Peripherals-2.01%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DELL Dell TechnologiesUS$44.636.2%
+US$1.9b
-20.6%PE18.2x
HPQ HPUS$30.152.3%
+US$772.2m
-12.8%PE10.8x
SMCI Super Micro ComputerUS$93.878.5%
+US$390.6m
132.2%PE11.2x
NTAP NetAppUS$74.661.3%
+US$204.3m
-15.5%PE17.1x
WDC Western DigitalUS$37.341.3%
+US$152.5m
-35.4%PE12.9x
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SMCI

US$93.87

Super Micro Computer

7D

8.5%

1Y

132.2%

AAPL

US$148.11

Apple

7D

-2.1%

1Y

-5.5%

HPQ

US$30.15

HP

7D

2.3%

1Y

-12.8%

DELL

US$44.63

Dell Technologies

7D

6.2%

1Y

-20.6%

EBON

US$5.10

Ebang International Holdings

7D

-35.0%

1Y

-88.8%

CAN

US$2.58

Canaan

7D

-6.5%

1Y

-69.7%

STX

US$54.70

Seagate Technology Holdings

7D

0.2%

1Y

-44.5%

CRSR

US$16.80

Corsair Gaming

7D

-1.5%

1Y

-27.0%

NNDM

US$2.46

Nano Dimension

7D

-1.6%

1Y

-50.6%

PSTG

US$30.46

Pure Storage

7D

-0.9%

1Y

2.0%

KODK

US$4.33

Eastman Kodak

7D

-4.0%

1Y

-29.4%

MOVE

US$1.82

Movano

7D

-3.2%

1Y

-50.5%