Electronic Equipment Industry Report
Market Cap: $564.3B
Stocks: 47
Median P/E: 8.8x
Median ROIC: 1.4%
Data sourced from SEC EDGAR filings. Report refreshed weekly.
Part of the Technology sector.
Performance Dashboard
| Period | Sector (MCW) | Sector (Median) |
|---|---|---|
| 1 Day | -1.9% | -1.2% |
| 1 Week | -0.1% | -1.0% |
| 1 Month | — | — |
| 3 Months | — | — |
| 6 Months | — | — |
| YTD | -0.6% | +0.5% |
| 1 Year | +93.7% | +29.9% |
| 3 Years | +468.5% | +23.1% |
| 5 Years | +459.3% | -14.4% |
Today's Breadth: 12 advancing · 31 declining · 3 flat
Valuation Summary
| Metric | Median | P25 | P75 | vs 5Y Avg |
|---|---|---|---|---|
| P/E | 8.8x | 0.0x | 35.4x | -57% |
| P/B | 1.8x | 0.0x | 5.5x | -30% |
| P/S | 0.6x | 0.0x | 2.7x | — |
| P/FCF | 17.5x | 0.0x | 32.9x | — |
| EV/EBITDA | 15.0x | 9.3x | 26.4x | — |
| EV/EBIT | 18.5x | 14.6x | 36.4x | — |
Earnings Yield
2.9%
FCF Yield
2.4%
Below Fair Value
34% of stocks
Profitability Profile
Margins
| Metric | Median | 5Y Avg | P25 | P75 |
|---|---|---|---|---|
| Gross Margin | 36.7% | 33.9% | 26.9% | 46.3% |
| Operating Margin | 4.5% | — | -3.2% | 13.9% |
| Net Margin | 4.0% | 2.3% | -6.6% | 11.2% |
| FCF Margin | 3.8% | — | -2.2% | 11.2% |
Returns on Capital
| Metric | Median | 5Y Avg | P25 | P75 |
|---|---|---|---|---|
| ROE | 2.8% | — | -14.7% | 17.7% |
| ROA | -0.3% | — | -11.7% | 6.3% |
| ROIC | 1.4% | 4.4% | -12.3% | 18.3% |
Growth Metrics
| Metric | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|
| Revenue | +10.8% | +5.9% | +10.4% |
| EPS | +24.9% | +30.2% | +12.0% |
| Free Cash Flow | +14.4% | +15.2% | +2.4% |
All values represent sector median growth rates.
Balance Sheet Health
Debt / Equity
0.3x
Net Debt / EBITDA
0.4x
Interest Coverage
1.7x
Current Ratio
2.6x
Altman Z-Score
Safe (>3): 17 (39%)
Gray (1.8–3): 8 (18%)
Distress (<1.8): 19 (43%)
Piotroski F-Score
Strong (7–9): 6 (13%)
Moderate (4–6): 29 (62%)
Weak (0–3): 12 (26%)
Top Companies
| Symbol | #▲ | Mkt Cap | P/E | EV/EBITDA | ROIC | Net Mgn | Rev Gr. | Div Yld | YTD | Qual. |
|---|---|---|---|---|---|---|---|---|---|---|
| PANW | 1 | $238.9B | 127.8x | 89.5x | 20.6% | 12.3% | +14.9% | — | -0.4% | 4/9 |
| FTNT | 2 | $121.5B | 33.7x | 27.0x | 120.8% | 27.3% | +14.2% | — | -0.1% | 7/9 |
| VRT | 3 | $119.4B | 49.1x | 31.2x | 44.1% | 13.0% | +27.7% | 0.1% | -2.5% | 6/9 |
| LOGI | 4 | $14.8B | 20.8x | — | 87.5% | 13.9% | +6.0% | 1.6% | +1.7% | 5/9 |
| VICR | 5 | $11.7B | 42.5x | — | 26.9% | 26.2% | +26.1% | — | +4.1% | 5/9 |
| AEIS | 6 | $11.1B | 56.7x | 37.1x | 10.4% | 8.3% | +21.4% | 0.2% | -7.4% | 3/9 |
| ENS | 7 | $7.9B | 10.3x | 7.4x | 19.5% | 10.1% | +1.0% | 1.0% | -6.0% | 5/9 |
| NOVT | 8 | $5.4B | 83.5x | 25.8x | 6.4% | 5.5% | +3.3% | — | -2.4% | 2/9 |
| PI | 9 | $4.0B | — | 370.8x | -0.2% | -3.0% | -1.4% | — | -2.7% | 1/9 |
| RUN | 10 | $3.2B | 12.0x | — | 2.7% | 15.2% | +45.1% | — | +8.7% | 1/9 |
| BELFB | 11 | $3.2B | 36.0x | 16.7x | 14.8% | 9.1% | +26.3% | 0.2% | +1.3% | 5/9 |
| BELFA | 12 | $2.7B | 32.1x | 15.0x | 14.8% | 9.1% | +26.3% | 0.2% | +0.9% | 5/9 |
| ATKR | 13 | $2.3B | — | 15.5x | 1.3% | -0.5% | -11.0% | 2.2% | +0.4% | 6/9 |
| NOVTU | 14 | $2.3B | 38.1x | 10.1x | 6.4% | 5.5% | +3.3% | — | +5.9% | 1/9 |
| SPB | 15 | $2.2B | 13.8x | 8.2x | 5.3% | 3.6% | -5.2% | 3.5% | -1.6% | 4/9 |
| FLNC | 16 | $2.1B | — | 194.4x | -10.7% | -2.1% | -16.1% | — | +53.9% | 2/9 |
| ENR | 17 | $1.5B | 7.6x | 8.4x | 11.4% | 8.1% | +2.3% | 4.8% | -4.0% | 2/9 |
| AMPX | 18 | $1.5B | — | — | -50.8% | -60.3% | +202.1% | — | -20.9% | 0/9 |
| EOSE | 19 | $1.2B | — | — | -45.3% | — | — | — | -0.3% | 1/9 |
| ENVX | 20 | $1.0B | — | — | -26.0% | — | — | — | -4.9% | 1/9 |
Industry Composition
| Industry | Stocks | Market Cap | % | |
|---|---|---|---|---|
| Computer Peripheral Equipment, Nec | 12 | $379.0B | 67.2% | |
| Electronic Components, Nec | 12 | $147.4B | 26.1% | |
| Miscellaneous Electrical Machinery, Equipment & Supplies | 20 | $32.0B | 5.7% | |
| Electronic Coils, Transformers & Other Inductors | 2 | $5.9B | 1.0% | |
| Consumer Electronics | 1 | $124M | 0.0% |
Quality Distribution
0
1
2
3
4
5
6
7
8
9
Quality Score (0-9)
High Quality (7+)
2%
Median Piotroski F
5/9
Profitable Years
5 of 10
Dividends & Shareholder Returns
Paying Dividends
23%
Median Div Yield
1.6%
Median Buyback Yield
0.0%
Shareholder Yield
0.2%
Payout Ratio
20.5%
Div Growth (3Y)
0.1%
Div Growth (5Y)
0.0%
Strengths & Weaknesses
Strengths
- +[Growth]Strong secular growth with a median 5-year revenue CAGR of 10.4%, outpacing nominal GDP.
- +[Valuation]Attractive valuations: current median P/E of 8.8x is 56.7% below the 5-year average, presenting potential value opportunity.
Weaknesses
- −[Breadth]Narrow weakness: only 26.1% of stocks advanced today, suggesting widespread selling pressure.
- −[Financial Health]43.2% of companies fall in the Altman Z-Score distress zone (<1.8), indicating elevated bankruptcy risk within the sector.
- −[Leverage]Tight interest coverage at 1.7x, leaving limited cushion for debt servicing if earnings decline.
- −[Profitability]Below-average capital returns with a median ROIC of 1.4%, suggesting limited pricing power or capital-intensive operations.