Nynomic's (ETR:M7U) Earnings Are Of Questionable Quality
May 30
German (DAX) Electronic Equipment and Components Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies24
- 7D-1.7%
- 3M-4.2%
- 1Y-21.0%
- YTD-4.3%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably Brockhaus Technologies gained 18%. As for the longer term, the industry has declined 19% in the last year. Earnings are forecast to grow by 38% annually.
Industry Valuation and Performance
Has the German Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | €3.6b | €4.1b | €91.0m | 17.7x | 40.1x | 0.9x |
| Sat, 27 Apr 2024 | €3.5b | €4.1b | €89.5m | 12x | 39.3x | 0.9x |
| Mon, 25 Mar 2024 | €3.9b | €4.1b | €100.5m | 10.8x | 38.7x | 0.9x |
| Wed, 21 Feb 2024 | €3.8b | €4.1b | €95.0m | 10.9x | 40.4x | 0.9x |
| Fri, 19 Jan 2024 | €3.9b | €4.2b | €95.0m | 10.9x | 41x | 0.9x |
| Sun, 17 Dec 2023 | €3.7b | €4.1b | €95.0m | 11.6x | 39.1x | 0.9x |
| Tue, 14 Nov 2023 | €3.4b | €4.1b | €95.7m | 13.1x | 35.8x | 0.8x |
| Thu, 12 Oct 2023 | €3.3b | €4.1b | €128.4m | 15.5x | 25.7x | 0.8x |
| Sat, 09 Sep 2023 | €3.7b | €4.1b | €128.8m | 16.8x | 28.8x | 0.9x |
| Mon, 07 Aug 2023 | €4.0b | €3.9b | €117.0m | 19.8x | 34.6x | 1x |
| Wed, 05 Jul 2023 | €4.2b | €3.7b | €121.6m | 21.1x | 34.9x | 1.1x |
| Fri, 02 Jun 2023 | €4.5b | €3.7b | €123.4m | 18.4x | 36.3x | 1.2x |
| Sun, 30 Apr 2023 | €4.3b | €3.7b | €119.7m | 20.7x | 35.5x | 1.2x |
| Tue, 28 Mar 2023 | €4.6b | €3.6b | €140.0m | 25.6x | 32.8x | 1.3x |
| Thu, 23 Feb 2023 | €4.7b | €3.6b | €136.1m | 24.1x | 34.3x | 1.3x |
| Sat, 21 Jan 2023 | €4.6b | €3.6b | €136.1m | 26.7x | 33.9x | 1.3x |
| Mon, 19 Dec 2022 | €4.2b | €3.6b | €136.1m | 26.8x | 31.1x | 1.2x |
| Wed, 16 Nov 2022 | €4.3b | €3.4b | €125.4m | 22.4x | 34.1x | 1.2x |
| Fri, 14 Oct 2022 | €3.3b | €3.3b | €124.1m | 19.4x | 26.7x | 1x |
| Sun, 11 Sep 2022 | €3.7b | €3.3b | €109.1m | 20.2x | 34.3x | 1.2x |
| Tue, 09 Aug 2022 | €4.0b | €3.1b | €112.7m | 17.9x | 35.6x | 1.3x |
| Thu, 07 Jul 2022 | €3.7b | €3.2b | €85.3m | 21.1x | 42.9x | 1.1x |
| Sat, 04 Jun 2022 | €4.4b | €3.2b | €88.3m | 24.1x | 49.7x | 1.4x |
| Mon, 02 May 2022 | €4.5b | €3.1b | €108.0m | 25.7x | 41.6x | 1.5x |
| Wed, 30 Mar 2022 | €4.8b | €3.2b | €100.2m | 24.4x | 48x | 1.5x |
| Fri, 25 Feb 2022 | €4.8b | €3.2b | €105.9m | 22.8x | 45.1x | 1.5x |
| Sun, 23 Jan 2022 | €5.4b | €3.2b | €107.2m | 25.2x | 50.1x | 1.7x |
| Tue, 21 Dec 2021 | €5.8b | €3.2b | €110.5m | 28.3x | 52.5x | 1.8x |
| Thu, 18 Nov 2021 | €5.9b | €3.2b | €110.6m | 28x | 53.7x | 1.9x |
| Sat, 16 Oct 2021 | €5.7b | €3.1b | €92.6m | 27.6x | 61.1x | 1.8x |
| Mon, 13 Sep 2021 | €5.8b | €3.6b | €89.5m | 29.8x | 65.1x | 1.6x |
| Wed, 11 Aug 2021 | €5.5b | €3.3b | €101.8m | 28.8x | 53.8x | 1.7x |
| Sun, 06 Jun 2021 | €4.9b | €3.1b | €71.6m | 29.2x | 67.9x | 1.6x |
Price to Earnings Ratio
67.9x
Current Industry PE
- Investors are relatively neutral on the German 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 41.3x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 8.3% per year over the last three years.
- Revenues for these companies have grown 10.0% 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 German Tech industry?
| DE Market | -1.07% | |
| Tech | -1.94% | |
| Electronic Equipment and Components | -1.71% | |
| Technology Distributors | 38.28% | |
| Electronic Manufacturing Services | 0.65% | |
| Electronic Components | -0.90% | |
| Electronic Equipment and Instruments | -2.06% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 39.1x.
- Analysts are expecting annual earnings growth of 36.3%, which is higher than its past year's earnings growth of 8.5% per year.
- Investors are most pessimistic about the Technology Distributors industry, which is trading below its 3-year average of 13.3x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 66% over the next 5 years.
- This is better than its past earnings decline of 24% per year.
- In contrast, the Electronic Components industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| BKHT Brockhaus Technologies | €27.10 | 18.3% +€43.9m | 25.5% | PS1.5x | |
| V3S Vectron Systems | €9.40 | 4.7% +€3.4m | 122.2% | PS2x | |
| KTEK KATEK | €15.40 | 1.3% +€2.9m | n/a | PS0.3x | |
| LPK LPKF Laser & Electronics | €8.04 | 1.0% +€2.0m | -12.3% | PE59.4x | |
| M7U Nynomic | €29.30 | 1.0% +€2.0m | -17.5% | PE20.5x |
