Canadian (TSX) Electronic Equipment and Components Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies15
- 7D12.7%
- 3M33.8%
- 1Y298.4%
- YTD77.6%
Over the last 7 days, the Electronic Equipment and Components industry has risen 13%, driven by gains from Celestica of 13%. In the same time, American Aires was down 9.2%. This means that the industry has gained 298% over the past year. As for the next few years, earnings are expected to grow by 6.7% per annum.
Industry Valuation and Performance
Has the Canadian Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | CA$8.4b | CA$11.7b | CA$421.8m | 16.6x | 19.8x | 0.7x |
| Sat, 06 Apr 2024 | CA$9.4b | CA$12.2b | CA$372.5m | 16.8x | 25.3x | 0.8x |
| Mon, 04 Mar 2024 | CA$8.9b | CA$12.2b | CA$372.6m | 16.9x | 23.8x | 0.7x |
| Wed, 31 Jan 2024 | CA$6.7b | CA$12.0b | CA$359.6m | 16.1x | 18.7x | 0.6x |
| Fri, 29 Dec 2023 | CA$5.9b | CA$11.7b | CA$300.0m | 16.4x | 19.8x | 0.5x |
| Sun, 26 Nov 2023 | CA$5.8b | CA$12.1b | CA$300.6m | 15.9x | 19.4x | 0.5x |
| Tue, 24 Oct 2023 | CA$5.8b | CA$12.1b | CA$228.0m | 12.5x | 25.4x | 0.5x |
| Thu, 21 Sep 2023 | CA$5.2b | CA$11.9b | CA$224.9m | 15.1x | 23x | 0.4x |
| Sat, 19 Aug 2023 | CA$4.8b | CA$11.9b | CA$203.5m | 14.6x | 23.5x | 0.4x |
| Mon, 17 Jul 2023 | CA$4.1b | CA$11.4b | CA$159.1m | 11.5x | 25.9x | 0.4x |
| Wed, 14 Jun 2023 | CA$3.8b | CA$11.5b | CA$169.5m | 12.4x | 22.2x | 0.3x |
| Fri, 12 May 2023 | CA$3.4b | CA$11.7b | CA$171.2m | 11.8x | 19.8x | 0.3x |
| Sun, 09 Apr 2023 | CA$3.6b | CA$11.3b | CA$150.8m | 24x | 23.8x | 0.3x |
| Tue, 07 Mar 2023 | CA$3.8b | CA$11.4b | CA$113.6m | 12.1x | 33.5x | 0.3x |
| Thu, 02 Feb 2023 | CA$3.9b | CA$11.1b | CA$89.4m | 11.2x | 43.1x | 0.3x |
| Sat, 31 Dec 2022 | CA$3.5b | CA$10.6b | CA$100.7m | 12.9x | 34.5x | 0.3x |
| Mon, 28 Nov 2022 | CA$3.4b | CA$10.5b | CA$93.2m | 13.4x | 36.8x | 0.3x |
| Wed, 26 Oct 2022 | CA$3.6b | CA$10.8b | CA$68.3m | 25x | 53.4x | 0.3x |
| Fri, 23 Sep 2022 | CA$3.4b | CA$10.1b | CA$50.5m | 50x | 66.9x | 0.3x |
| Sun, 21 Aug 2022 | CA$3.8b | CA$9.7b | CA$38.4m | 34.1x | 99.5x | 0.4x |
| Tue, 19 Jul 2022 | CA$3.7b | CA$9.3b | -CA$27,339,090.00 | 8.7x | -135.9x | 0.4x |
| Thu, 16 Jun 2022 | CA$3.6b | CA$9.2b | -CA$28,126,879.00 | 9.2x | -128.6x | 0.4x |
| Sat, 14 May 2022 | CA$3.7b | CA$9.2b | -CA$19,145,966.00 | 9.4x | -191.9x | 0.4x |
| Mon, 11 Apr 2022 | CA$4.3b | CA$8.5b | -CA$42,606,529.00 | 146.5x | -101.5x | 0.5x |
| Wed, 09 Mar 2022 | CA$4.1b | CA$8.7b | -CA$36,284,985.00 | 124.5x | -112.4x | 0.5x |
| Fri, 04 Feb 2022 | CA$4.5b | CA$8.5b | -CA$28,401,861.00 | 25x | -157.7x | 0.5x |
| Sun, 02 Jan 2022 | CA$4.3b | CA$8.4b | -CA$43,505,057.00 | 26.7x | -98.4x | 0.5x |
| Tue, 30 Nov 2021 | CA$4.4b | CA$8.5b | -CA$27,954,586.00 | 20.9x | -158.4x | 0.5x |
| Thu, 28 Oct 2021 | CA$4.4b | CA$8.2b | -CA$31,609,337.00 | 28.3x | -138.7x | 0.5x |
| Sat, 25 Sep 2021 | CA$4.5b | CA$8.5b | -CA$35,735,081.00 | 23.1x | -127.2x | 0.5x |
| Mon, 23 Aug 2021 | CA$4.6b | CA$8.3b | -CA$35,521,298.21 | 30.4x | -129.3x | 0.6x |
| Sat, 10 Jul 2021 | CA$3.7b | CA$8.3b | -CA$42,683,519.09 | 31.4x | -87.4x | 0.4x |
Price to Earnings Ratio
-239.3x
Current Industry PE
- Investors are pessimistic on the Canadian Electronic 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 19.8x which is lower than its 3-year average PE of 66.2x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 0.71x.
Past Earnings Growth
- Total earnings for the Electronic industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 16% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Canadian Tech industry?
| CA Market | 3.09% | |
| Tech | 3.86% | |
| Electronic Equipment and Components | 12.67% | |
| Technology Distributors | 23.08% | |
| Electronic Manufacturing Services | 13.30% | |
| Electronic Equipment and Instruments | 2.32% | |
| Electronic Components | -4.17% | |
Industry PE
- Investors are most optimistic about the Electronic Manufacturing Services industry, which is trading close to its 3-year average PE ratio of 18.8x.
- Analysts are expecting annual earnings growth of 5.8%, which is lower than the prior year's growth of 88.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 42% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 5.8% per year 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 | |
|---|---|---|---|---|---|
| CLS Celestica | CA$67.86 | 13.4% +CA$952.8m | 364.5% | PE18.3x | |
| FTG Firan Technology Group | CA$5.37 | 7.4% +CA$8.8m | 62.7% | PE14.9x | |
| PNG Kraken Robotics | CA$1.04 | 2.5% +CA$5.2m | 89.1% | PE39x | |
| SFTC Softchoice | CA$17.81 | 0.2% +CA$2.4m | 4.8% | PE19.3x | |
| LPS Legend Power Systems | CA$0.19 | 5.6% +CA$1.3m | -34.5% | PS35.5x |