Subdued Growth No Barrier To Checkit plc (LON:CKT) With Shares Advancing 29%
May 09
U.K. (FTSE) Electrical Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies21
- 7D4.1%
- 3M0.8%
- 1Y-18.0%
- YTD0.6%
Over the last 7 days, the Electrical industry has risen 4.1%, driven by gains from Volex of 8.2%. During this same period, the Atrato Onsite Energy underperformed, falling 6.9%. In the past year, the industry is down 18%. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the U.K. Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | UK£3.6b | UK£2.1b | -UK£222,437,437.00 | 18.2x | -16.4x | 1.7x |
| Sat, 06 Apr 2024 | UK£3.4b | UK£2.1b | -UK£184,708,366.00 | 17.1x | -18.3x | 1.6x |
| Mon, 04 Mar 2024 | UK£3.3b | UK£2.1b | -UK£155,392,494.00 | 16.3x | -21.5x | 1.6x |
| Wed, 31 Jan 2024 | UK£3.7b | UK£2.2b | -UK£188,805,015.00 | 17.7x | -19.8x | 1.7x |
| Fri, 29 Dec 2023 | UK£3.8b | UK£2.2b | -UK£194,235,317.00 | 18.6x | -19.5x | 1.7x |
| Sun, 26 Nov 2023 | UK£3.5b | UK£2.2b | -UK£194,788,318.00 | 17.2x | -18.2x | 1.6x |
| Tue, 24 Oct 2023 | UK£3.4b | UK£2.2b | -UK£192,972,557.00 | 15.7x | -17.6x | 1.6x |
| Thu, 21 Sep 2023 | UK£4.4b | UK£2.1b | -UK£196,465,465.00 | 20.6x | -22.4x | 2.1x |
| Sat, 19 Aug 2023 | UK£4.2b | UK£2.1b | -UK£196,513,755.00 | 19.7x | -21.5x | 2x |
| Mon, 17 Jul 2023 | UK£4.2b | UK£2.1b | -UK£267,885,275.00 | 20.3x | -15.7x | 2x |
| Wed, 14 Jun 2023 | UK£4.2b | UK£2.1b | -UK£234,594,675.00 | 19.8x | -18x | 2.1x |
| Fri, 12 May 2023 | UK£4.2b | UK£2.0b | -UK£238,289,060.00 | 18.9x | -17.7x | 2.1x |
| Sun, 09 Apr 2023 | UK£4.0b | UK£2.0b | -UK£224,671,573.00 | 19.3x | -17.7x | 2x |
| Tue, 07 Mar 2023 | UK£4.6b | UK£2.0b | -UK£211,841,886.00 | 20.5x | -21.7x | 2.3x |
| Thu, 02 Feb 2023 | UK£4.8b | UK£2.0b | -UK£215,647,431.00 | 23.2x | -22.2x | 2.4x |
| Sat, 31 Dec 2022 | UK£4.2b | UK£2.0b | -UK£173,117,461.00 | 23.1x | -24x | 2.1x |
| Mon, 28 Nov 2022 | UK£4.4b | UK£2.0b | -UK£168,679,120.00 | 19.2x | -26.2x | 2.2x |
| Wed, 26 Oct 2022 | UK£4.0b | UK£1.9b | -UK£165,171,861.00 | 15.4x | -24.1x | 2.1x |
| Fri, 23 Sep 2022 | UK£4.2b | UK£1.9b | -UK£153,933,181.00 | 25.1x | -27.2x | 2.2x |
| Sun, 21 Aug 2022 | UK£5.7b | UK£1.9b | -UK£128,543,003.00 | 25x | -44.4x | 3x |
| Tue, 19 Jul 2022 | UK£5.2b | UK£1.9b | -UK£79,888,643.00 | 25.6x | -65.5x | 2.8x |
| Thu, 16 Jun 2022 | UK£5.6b | UK£1.8b | -UK£42,140,307.00 | 27.6x | -133.6x | 3.2x |
| Sat, 14 May 2022 | UK£6.7b | UK£1.9b | -UK£41,277,876.00 | 28.3x | -161.4x | 3.5x |
| Mon, 11 Apr 2022 | UK£7.7b | UK£1.9b | -UK£43,483,478.00 | 29.8x | -176.7x | 4.1x |
| Wed, 09 Mar 2022 | UK£7.8b | UK£1.8b | -UK£28,473,769.00 | 23.1x | -274.6x | 4.3x |
| Fri, 04 Feb 2022 | UK£7.4b | UK£1.8b | -UK£11,427,249.00 | 22.2x | -651.3x | 4.1x |
| Sun, 02 Jan 2022 | UK£9.9b | UK£1.8b | -UK£5,687,160.00 | 18.1x | -1733.1x | 5.5x |
| Tue, 30 Nov 2021 | UK£9.7b | UK£1.8b | -UK£5,012,089.00 | 25.5x | -1940x | 5.4x |
| Thu, 28 Oct 2021 | UK£10.0b | UK£1.7b | UK£3.1m | 27.2x | 3162.5x | 6x |
| Sat, 25 Sep 2021 | UK£9.7b | UK£1.6b | UK£4.6m | 28.3x | 2095.2x | 5.9x |
| Mon, 23 Aug 2021 | UK£9.8b | UK£1.6b | UK£232.5k | 22.9x | 42165.2x | 6x |
| Sat, 10 Jul 2021 | UK£9.6b | UK£1.6b | UK£232.5k | 21.5x | 41089.3x | 5.8x |
Price to Earnings Ratio
-1224.1x
Current Industry PE
- Investors are pessimistic on the British Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 10% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | 2.66% | |
| Industrials | 3.57% | |
| Electrical | 4.09% | |
| Electrical Components | 4.18% | |
| Heavy Electrical Equipment | 3.27% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 47% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| VLX Volex | UK£3.38 | 8.2% +UK£46.4m | 20.1% | PE21.6x | |
| DSCV discoverIE Group | UK£7.46 | 4.0% +UK£27.8m | -7.3% | PE32.3x | |
| CWR Ceres Power Holdings | UK£1.78 | 8.1% +UK£25.7m | -51.5% | PS15.4x | |
| AFC AFC Energy | UK£0.21 | 14.1% +UK£19.4m | 14.8% | PS694.7x | |
| ITM ITM Power | UK£0.53 | 5.6% +UK£17.1m | -30.4% | PS26.8x |