discoverIE Group (LON:DSCV) Has More To Do To Multiply In Value Going Forward
Oct 20
U.K. (FTSE) Electrical Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies24
- 7D-0.7%
- 3M-23.8%
- 1Y-20.2%
- YTD-25.0%
Last week, the Electrical industry hasn't moved much but XP Power is up 9.9% in that time. As for the longer term, the industry has declined 20% in the last year. As for the next few years, earnings are expected to grow by 22% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | UK£3.4b | UK£2.2b | -UK£192,668,027.00 | 15.5x | -17.4x | 1.5x |
| Wed, 27 Sep 2023 | UK£4.2b | UK£2.1b | -UK£197,665,401.00 | 19.9x | -21x | 1.9x |
| Fri, 25 Aug 2023 | UK£4.2b | UK£2.1b | -UK£196,273,819.00 | 19.1x | -21.3x | 2x |
| Sun, 23 Jul 2023 | UK£4.5b | UK£2.1b | -UK£267,364,923.00 | 20.7x | -17x | 2.2x |
| Tue, 20 Jun 2023 | UK£4.3b | UK£2.0b | -UK£232,175,090.00 | 20.2x | -18.7x | 2.1x |
| Thu, 18 May 2023 | UK£4.1b | UK£2.0b | -UK£238,242,155.00 | 19.1x | -17.4x | 2x |
| Sat, 15 Apr 2023 | UK£4.1b | UK£2.0b | -UK£224,664,788.00 | 18.8x | -18.3x | 2x |
| Mon, 13 Mar 2023 | UK£4.4b | UK£2.0b | -UK£212,811,068.00 | 20.3x | -20.5x | 2.1x |
| Wed, 08 Feb 2023 | UK£4.9b | UK£2.0b | -UK£213,317,431.00 | 22.7x | -22.9x | 2.4x |
| Fri, 06 Jan 2023 | UK£4.3b | UK£2.0b | -UK£172,832,786.00 | 23.1x | -24.8x | 2.1x |
| Sun, 04 Dec 2022 | UK£4.5b | UK£2.0b | -UK£169,890,836.00 | 20x | -26.3x | 2.3x |
| Tue, 01 Nov 2022 | UK£3.9b | UK£1.9b | -UK£165,182,805.00 | 15.4x | -23.7x | 2x |
| Thu, 29 Sep 2022 | UK£4.1b | UK£1.9b | -UK£169,418,717.00 | 24.6x | -24x | 2.1x |
| Sat, 27 Aug 2022 | UK£5.6b | UK£1.9b | -UK£128,280,989.00 | 24.5x | -43.5x | 2.9x |
| Mon, 25 Jul 2022 | UK£5.6b | UK£1.8b | -UK£80,220,003.00 | 26.2x | -69.8x | 3x |
| Wed, 22 Jun 2022 | UK£5.6b | UK£1.8b | -UK£42,745,784.00 | 25.8x | -131.4x | 3.2x |
| Fri, 20 May 2022 | UK£6.8b | UK£1.9b | -UK£41,987,380.00 | 28.4x | -161.7x | 3.6x |
| Sun, 17 Apr 2022 | UK£7.7b | UK£1.9b | -UK£41,578,351.00 | 29.2x | -184.9x | 4.1x |
| Tue, 15 Mar 2022 | UK£8.0b | UK£1.8b | -UK£32,279,926.00 | 23.1x | -246.4x | 4.3x |
| Thu, 10 Feb 2022 | UK£7.7b | UK£1.8b | -UK£11,288,274.00 | 22.3x | -683.3x | 4.3x |
| Sat, 08 Jan 2022 | UK£9.2b | UK£1.8b | -UK£5,752,584.00 | 19x | -1606.8x | 5.1x |
| Mon, 06 Dec 2021 | UK£9.7b | UK£1.8b | -UK£5,525,570.00 | 23.4x | -1751.4x | 5.3x |
| Wed, 03 Nov 2021 | UK£10.4b | UK£1.7b | UK£3.4m | 26.8x | 3053x | 6.2x |
| Fri, 01 Oct 2021 | UK£9.3b | UK£1.6b | -UK£3,813,965.00 | 27.1x | -2449.2x | 5.7x |
| Sun, 29 Aug 2021 | UK£10.2b | UK£1.6b | UK£232.5k | 22.7x | 43756.8x | 6.2x |
| Mon, 05 Jul 2021 | UK£9.6b | UK£1.6b | UK£232.5k | 21.5x | 41089.3x | 5.8x |
| Thu, 08 Apr 2021 | UK£9.2b | UK£1.6b | -UK£12,029,421.39 | 23.3x | -768.3x | 5.8x |
| Sun, 10 Jan 2021 | UK£9.2b | UK£1.6b | -UK£23,604,902.85 | 26.9x | -391.2x | 5.9x |
Price to Earnings Ratio
-214.4x
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 4.0x is higher than the industry's current PS ratio of 1.5x.
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 12% 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 | -1.27% | |
| Industrials | -1.23% | |
| Electrical | -0.71% | |
| Electrical Components | -0.097% | |
| Heavy Electrical Equipment | -3.51% | |
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.
- This is better than its past earnings decline of 42% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| XPP XP Power | UK£11.10 | 9.9% +UK£19.5m | -36.6% | PE9.3x | |
| IKA Ilika | UK£0.31 | 9.2% +UK£4.1m | -39.2% | PS70.2x | |
| DSCV discoverIE Group | UK£6.12 | 0.5% +UK£2.9m | -17.9% | PE27.5x | |
| PODP Pod Point Group Holdings | UK£0.23 | 6.8% +UK£2.3m | -53.6% | PS0.6x | |
| AFC AFC Energy | UK£0.14 | 1.7% +UK£1.8m | -33.1% | PS209.1x |
