Electronic Equipment Industry Report
Market Cap: $375.0B
Stocks: 47
Median P/E: 19.1x
Median ROIC: 2.2%
Data sourced from SEC EDGAR filings. Report refreshed weekly.
Part of the Technology sector.
Performance Dashboard
| Period | Sector (MCW) | Sector (Median) |
|---|---|---|
| 1 Day | -1.1% | -0.2% |
| 1 Week | +0.3% | -1.0% |
| 1 Month | — | — |
| 3 Months | — | — |
| 6 Months | — | — |
| YTD | -0.8% | +0.3% |
| 1 Year | +77.7% | -3.8% |
| 3 Years | +597.5% | +7.6% |
| 5 Years | +462.8% | -25.3% |
Today's Breadth: 19 advancing · 24 declining · 3 flat
Valuation Summary
| Metric | Median | P25 | P75 | vs 5Y Avg |
|---|---|---|---|---|
| P/E | 19.1x | 6.0x | 43.3x | -7% |
| P/B | 2.0x | 0.9x | 5.9x | -23% |
| P/S | 1.7x | 0.6x | 4.8x | — |
| P/FCF | 26.9x | 12.5x | 35.1x | — |
| EV/EBITDA | 15.0x | 10.1x | 25.8x | — |
| EV/EBIT | 18.1x | 14.9x | 34.6x | — |
Earnings Yield
3.0%
FCF Yield
2.4%
Below Fair Value
50% of stocks
Profitability Profile
Margins
| Metric | Median | 5Y Avg | P25 | P75 |
|---|---|---|---|---|
| Gross Margin | 39.1% | 35.3% | 29.6% | 50.5% |
| Operating Margin | 6.1% | — | -3.8% | 14.6% |
| Net Margin | 4.9% | 2.6% | -8.9% | 10.1% |
| FCF Margin | 4.9% | — | -2.1% | 12.4% |
Returns on Capital
| Metric | Median | 5Y Avg | P25 | P75 |
|---|---|---|---|---|
| ROE | 4.4% | — | -20.9% | 17.5% |
| ROA | 2.0% | — | -16.9% | 6.5% |
| ROIC | 2.2% | 4.4% | -20.6% | 17.7% |
Growth Metrics
| Metric | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|
| Revenue | +6.1% | +8.8% | +9.0% |
| EPS | +23.9% | +30.2% | +10.6% |
| Free Cash Flow | +14.4% | +27.2% | +6.6% |
All values represent sector median growth rates.
Balance Sheet Health
Debt / Equity
0.5x
Net Debt / EBITDA
0.8x
Interest Coverage
4.2x
Current Ratio
2.7x
Altman Z-Score
Safe (>3): 24 (55%)
Gray (1.8–3): 7 (16%)
Distress (<1.8): 13 (30%)
Piotroski F-Score
Strong (7–9): 6 (13%)
Moderate (4–6): 27 (57%)
Weak (0–3): 14 (30%)
Top Companies
| Symbol | #▲ | Mkt Cap | P/E | EV/EBITDA | ROIC | Net Mgn | Rev Gr. | Div Yld | YTD | Qual. |
|---|---|---|---|---|---|---|---|---|---|---|
| VRT | 1 | $117.2B | 49.1x | 31.2x | 44.1% | 13.0% | +27.7% | 0.1% | -2.5% | 6/9 |
| PANW | 2 | $115.2B | 127.8x | 89.5x | 18.1% | 12.3% | +14.9% | — | +0.6% | 4/9 |
| FTNT | 3 | $60.3B | 33.7x | 27.0x | 123.3% | 27.3% | +14.2% | — | -6.8% | 6/9 |
| AEIS | 4 | $14.6B | 56.7x | 37.1x | 10.4% | 8.3% | +21.4% | 0.1% | +5.8% | 3/9 |
| LOGI | 5 | $14.4B | 20.8x | — | 26.8% | 13.9% | +6.0% | 1.6% | +1.2% | 5/9 |
| VICR | 6 | $8.5B | 42.5x | — | 26.9% | 26.2% | +26.1% | — | +11.2% | 5/9 |
| ENS | 7 | $7.9B | 10.3x | 7.4x | 19.5% | 10.1% | +1.0% | 1.0% | +1.9% | 5/9 |
| NOVT | 8 | $4.7B | 83.5x | 25.8x | 6.4% | 5.5% | +3.3% | — | +3.6% | 2/9 |
| RUN | 9 | $3.4B | 12.0x | — | 2.7% | 15.2% | +45.1% | — | +9.5% | 1/9 |
| PI | 10 | $3.1B | — | 370.8x | -0.2% | -3.0% | -1.4% | — | +8.2% | 1/9 |
| BELFB | 11 | $3.0B | 36.0x | 16.7x | 16.6% | 9.1% | +26.3% | 0.2% | +5.1% | 5/9 |
| BELFA | 12 | $2.8B | 32.1x | 15.0x | 16.6% | 9.1% | +26.3% | 0.2% | +9.0% | 5/9 |
| ATKR | 13 | $2.3B | — | 15.5x | 1.7% | -0.5% | -11.0% | 2.2% | -1.1% | 6/9 |
| NOVTU | 14 | $2.1B | 38.1x | 10.1x | 8.2% | 5.5% | +3.3% | — | +3.9% | 2/9 |
| SPB | 15 | $2.0B | 13.8x | 10.0x | 6.1% | 3.6% | -5.2% | 3.5% | -0.7% | 5/9 |
| AMPX | 16 | $1.8B | — | — | -64.3% | -184.8% | — | — | +5.2% | 0/9 |
| FLNC | 17 | $1.8B | — | 107.3x | -10.4% | -2.1% | -16.1% | — | 0.0% | 1/9 |
| EOSE | 18 | $1.6B | — | — | -45.3% | — | — | — | -7.8% | 0/9 |
| ENR | 19 | $1.4B | 7.6x | 8.4x | 11.4% | 8.1% | +2.3% | 4.8% | -0.8% | 2/9 |
| ENVX | 20 | $1.2B | — | — | -26.0% | — | — | — | 0.0% | 1/9 |
Industry Composition
| Industry | Stocks | Market Cap | % | |
|---|---|---|---|---|
| Computer Peripheral Equipment, Nec | 12 | $192.8B | 51.4% | |
| Electronic Components, Nec | 12 | $144.5B | 38.5% | |
| Miscellaneous Electrical Machinery, Equipment & Supplies | 20 | $31.8B | 8.5% | |
| Electronic Coils, Transformers & Other Inductors | 2 | $5.8B | 1.5% | |
| Consumer Electronics | 1 | $132M | 0.0% |
Quality Distribution
0
1
2
3
4
5
6
7
8
9
Quality Score (0-9)
High Quality (7+)
0%
Median Piotroski F
5/9
Profitable Years
5 of 10
Dividends & Shareholder Returns
Paying Dividends
26%
Median Div Yield
1.3%
Median Buyback Yield
0.9%
Shareholder Yield
0.8%
Payout Ratio
20.5%
Div Growth (3Y)
3.8%
Div Growth (5Y)
0.0%
Strengths & Weaknesses
Strengths
No notable strengths identified.
Weaknesses
- −[Financial Health]29.5% of companies fall in the Altman Z-Score distress zone (<1.8), indicating elevated bankruptcy risk within the sector.
- −[Profitability]Below-average capital returns with a median ROIC of 2.2%, suggesting limited pricing power or capital-intensive operations.
- −[Quality]Only 0.0% of companies score 7+ on the quality checklist, reflecting structural challenges in achieving consistent returns across the sector.