VIZIO Holding (NYSE:VZIO) Has Some Way To Go To Become A Multi-Bagger
Oct 28
U.S. Consumer Electronics Industry Analysis
UpdatedOct 29, 2023
DataAggregated Company Financials
Companies21
- 7D-4.4%
- 3M-11.1%
- 1Y-4.3%
- YTD-3.6%
Over the last 7 days, the Consumer Electronics industry has dropped 4.4%, driven by a pullback from Garmin of 3.5%. In contrast, Singing Machine Company has gained 21%. The industry has fallen 4.3% in the last year. As for the next few years, earnings are expected to grow by 15% per annum.
Industry Valuation and Performance
Has the U.S. Consumer Electronics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 29 Oct 2023 | US$22.6b | US$11.5b | US$809.9m | 19.2x | 27.9x | 2x |
| Tue, 26 Sep 2023 | US$24.5b | US$11.5b | US$810.8m | 20.3x | 30.2x | 2.1x |
| Thu, 24 Aug 2023 | US$24.5b | US$11.5b | US$811.4m | 19.9x | 30.2x | 2.1x |
| Sat, 22 Jul 2023 | US$25.6b | US$11.5b | US$838.6m | 21x | 30.6x | 2.2x |
| Mon, 19 Jun 2023 | US$25.9b | US$11.5b | US$802.5m | 21x | 32.2x | 2.2x |
| Wed, 17 May 2023 | US$25.1b | US$11.5b | US$802.5m | 20.4x | 31.2x | 2.2x |
| Fri, 14 Apr 2023 | US$25.7b | US$11.9b | US$969.4m | 25.6x | 26.5x | 2.2x |
| Sun, 12 Mar 2023 | US$24.6b | US$11.9b | US$965.6m | 27x | 25.5x | 2.1x |
| Tue, 07 Feb 2023 | US$25.7b | US$12.1b | US$992.8m | 29.8x | 25.8x | 2.1x |
| Thu, 05 Jan 2023 | US$24.1b | US$12.2b | US$1.0b | 18.9x | 23.9x | 2x |
| Sat, 03 Dec 2022 | US$24.7b | US$12.2b | US$1.0b | 18.7x | 24.5x | 2x |
| Mon, 31 Oct 2022 | US$23.9b | US$12.4b | US$1.3b | 16.6x | 18.3x | 1.9x |
| Wed, 28 Sep 2022 | US$21.9b | US$12.5b | US$1.4b | 15.5x | 16.1x | 1.8x |
| Fri, 26 Aug 2022 | US$25.6b | US$12.5b | US$1.4b | 18.1x | 18.9x | 2.1x |
| Sun, 24 Jul 2022 | US$27.7b | US$12.5b | US$1.4b | 19.3x | 19.3x | 2.2x |
| Tue, 21 Jun 2022 | US$25.0b | US$12.5b | US$1.4b | 17.3x | 17.3x | 2x |
| Thu, 19 May 2022 | US$27.2b | US$12.5b | US$1.4b | 18.1x | 18.8x | 2.2x |
| Sat, 16 Apr 2022 | US$29.8b | US$12.3b | US$1.5b | 21x | 20.2x | 2.4x |
| Mon, 14 Mar 2022 | US$29.8b | US$12.3b | US$1.5b | 20x | 20.2x | 2.4x |
| Wed, 09 Feb 2022 | US$34.7b | US$12.3b | US$1.6b | 21.4x | 21.6x | 2.8x |
| Fri, 07 Jan 2022 | US$37.3b | US$12.3b | US$1.6b | 22.1x | 22.6x | 3x |
| Sun, 05 Dec 2021 | US$37.9b | US$12.3b | US$1.6b | 21.6x | 23x | 3.1x |
| Tue, 02 Nov 2021 | US$40.0b | US$12.2b | US$1.4b | 23.8x | 27.7x | 3.3x |
| Thu, 30 Sep 2021 | US$43.0b | US$12.1b | US$1.5b | 24x | 28.6x | 3.5x |
| Sat, 28 Aug 2021 | US$47.8b | US$12.3b | US$1.5b | 24.9x | 31.6x | 3.9x |
| Sun, 04 Jul 2021 | US$41.7b | US$11.2b | US$1.4b | 22.5x | 28.7x | 3.7x |
| Wed, 07 Apr 2021 | US$39.4b | US$10.4b | US$1.2b | 19.1x | 32.6x | 3.8x |
| Sat, 09 Jan 2021 | US$28.4b | US$7.7b | US$926.2m | 13.9x | 30.6x | 3.7x |
Price to Earnings Ratio
24.1x
Current Industry PE
- Investors are relatively neutral on the American Consumer Electronics 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 25.8x.
- The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Consumer Electronics industry have declined 6.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 15% 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 decreased profits.
Industry Comparison
How does U.S. Consumer Electronics compare with similar industries?
| US Market | -2.43% | |
| Consumer Discretionary | -0.39% | |
| Consumer Durables | -1.62% | |
| Consumer Electronics | -4.43% | |
| Homebuilding | 0.27% | |
| Housewares and Specialties | -4.00% | |
| Home Furnishings | -4.31% | |
| Household Appliances | -10.76% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MICS Singing Machine Company | US$0.90 | 21.0% +US$654.6k | -83.8% | PS0.1x | |
| MSN Emerson Radio | US$0.56 | 0.7% +US$86.3k | -3.4% | PS1.5x |