Boreo Oyj's (HEL:BOREO) Soft Earnings Don't Show The Whole Picture
May 11
Finnish (OMX) Electronic Equipment and Components Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies7
- 7D5.4%
- 3M9.4%
- 1Y-8.3%
- YTD7.2%
The Electronic Equipment and Components industry is up 5.4% in the last week, with Vaisala Oyj up 4.8%. In contrast, the industry has lost 8.3% in the last 12 months. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Finnish Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | €2.7b | €1.9b | €111.5m | 32.1x | 23.8x | 1.4x |
| Mon, 15 Apr 2024 | €2.4b | €2.0b | €124.7m | 23.1x | 19.1x | 1.2x |
| Wed, 13 Mar 2024 | €2.5b | €2.0b | €124.9m | 17.1x | 19.8x | 1.2x |
| Fri, 09 Feb 2024 | €2.4b | €2.1b | €127.6m | 25x | 18.8x | 1.2x |
| Sun, 07 Jan 2024 | €2.5b | €2.0b | €126.4m | 27.2x | 19.5x | 1.2x |
| Tue, 05 Dec 2023 | €2.3b | €2.0b | €126.4m | 23.5x | 18.4x | 1.1x |
| Thu, 02 Nov 2023 | €2.1b | €2.1b | €129.7m | 16.6x | 16.5x | 1x |
| Sat, 30 Sep 2023 | €2.3b | €2.1b | €129.1m | 19.3x | 18.1x | 1.1x |
| Mon, 28 Aug 2023 | €2.6b | €2.1b | €129.0m | 20.1x | 19.9x | 1.2x |
| Wed, 26 Jul 2023 | €2.8b | €2.0b | €121.8m | 19.1x | 22.8x | 1.4x |
| Fri, 23 Jun 2023 | €2.8b | €2.0b | €123.1m | 18.2x | 22.7x | 1.4x |
| Sun, 21 May 2023 | €3.0b | €2.0b | €123.1m | 18.7x | 24x | 1.5x |
| Tue, 18 Apr 2023 | €3.1b | €2.0b | €120.6m | 21.1x | 26x | 1.6x |
| Thu, 16 Mar 2023 | €2.9b | €2.0b | €122.8m | 21.4x | 23.7x | 1.5x |
| Sat, 11 Feb 2023 | €2.9b | €1.9b | €119.1m | 23.5x | 24.7x | 1.6x |
| Mon, 09 Jan 2023 | €2.8b | €1.8b | €121.2m | 17.6x | 23.2x | 1.5x |
| Wed, 07 Dec 2022 | €2.9b | €1.8b | €121.2m | 17.3x | 23.6x | 1.6x |
| Fri, 04 Nov 2022 | €2.6b | €1.8b | €114.3m | 18.6x | 22.4x | 1.4x |
| Sun, 02 Oct 2022 | €2.5b | €1.8b | €114.1m | 17.3x | 21.6x | 1.4x |
| Tue, 30 Aug 2022 | €2.7b | €1.8b | €114.1m | 18.6x | 23.9x | 1.6x |
| Thu, 28 Jul 2022 | €2.8b | €1.7b | €113.2m | 21.3x | 25x | 1.7x |
| Sat, 25 Jun 2022 | €2.6b | €1.6b | €114.9m | 19.8x | 22.5x | 1.6x |
| Mon, 23 May 2022 | €2.8b | €1.6b | €114.9m | 21.4x | 24.6x | 1.7x |
| Wed, 20 Apr 2022 | €2.9b | €1.6b | €106.4m | 22.5x | 27.3x | 1.8x |
| Fri, 18 Mar 2022 | €2.9b | €1.6b | €106.5m | 24.5x | 27.3x | 1.9x |
| Sun, 13 Feb 2022 | €3.1b | €1.5b | €93.8m | 35.6x | 33.6x | 2.2x |
| Tue, 11 Jan 2022 | €3.3b | €1.4b | €92.1m | 35.4x | 35.5x | 2.3x |
| Thu, 09 Dec 2021 | €3.4b | €1.4b | €92.1m | 35.7x | 36.5x | 2.3x |
| Sat, 06 Nov 2021 | €3.3b | €1.4b | €91.1m | 41.8x | 36.6x | 2.3x |
| Mon, 04 Oct 2021 | €2.8b | €1.4b | €102.8m | 37.3x | 27.7x | 2x |
| Wed, 01 Sep 2021 | €3.0b | €1.4b | €102.8m | 37.5x | 29.5x | 2.2x |
| Thu, 08 Jul 2021 | €2.6b | €1.4b | €102.8m | 27.7x | 24.8x | 1.8x |
Price to Earnings Ratio
26.8x
Current Industry PE
- Investors are relatively neutral on the Finnish 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 24.6x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 5.6% per year over the last three years.
- Revenues for these companies have grown 13% 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 Finnish Tech industry?
| FI Market | 3.12% | |
| Tech | 3.76% | |
| Electronic Equipment and Components | 5.41% | |
| Electronic Manufacturing Services | 7.63% | |
| Electronic Equipment and Instruments | 4.72% | |
| Electronic Components | 1.90% | |
| Technology Distributors | -4.69% | |
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 36.0x.
- Analysts are expecting annual earnings growth of 16.0%, which is higher than its past year's earnings growth of 8.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 67% over the next 5 years.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 8.8% 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 | |
|---|---|---|---|---|---|
| SCANFL Scanfil Oyj | €7.90 | 4.9% +€24.1m | -18.8% | PE11.1x | |
| VAIAS Vaisala Oyj | €39.10 | 1.6% +€21.8m | -10.2% | PE31.9x | |
| DETEC Detection Technology Oyj | €16.90 | 9.4% +€21.3m | -11.3% | PE45x |
