Is ClearVue Technologies (ASX:CPV) In A Good Position To Invest In Growth?
Oct 31
Australian (ASX) Electrical Components Industry Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies12
- 7D3.0%
- 3M-6.2%
- 1Y-22.8%
- YTD-9.2%
Over the last 7 days, the Electrical Components industry has dropped 1.2%, driven by a pullback from Excelsior Capital of 5.9%. In contrast, ClearVue Technologies has gained 22%. The industry has fallen 25% in the last year.
Industry Valuation and Performance
Has the Australian Electrical Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | AU$530.9m | AU$266.2m | -AU$34,294,671.00 | 11.2x | -15.5x | 2x |
| Thu, 28 Sep 2023 | AU$516.9m | AU$266.2m | -AU$34,286,917.00 | 13.3x | -15.1x | 1.9x |
| Sat, 26 Aug 2023 | AU$562.9m | AU$250.8m | -AU$36,067,943.00 | 8.9x | -15.6x | 2.2x |
| Mon, 24 Jul 2023 | AU$506.5m | AU$250.8m | -AU$37,437,771.00 | 9.2x | -13.5x | 2x |
| Wed, 21 Jun 2023 | AU$474.7m | AU$246.5m | -AU$20,072,455.00 | 9.6x | -23.7x | 1.9x |
| Fri, 19 May 2023 | AU$513.8m | AU$246.5m | -AU$20,072,455.00 | 12.9x | -25.6x | 2.1x |
| Sun, 16 Apr 2023 | AU$547.8m | AU$246.5m | -AU$20,072,455.00 | 11.8x | -27.3x | 2.2x |
| Tue, 14 Mar 2023 | AU$464.4m | AU$246.5m | -AU$19,612,538.00 | 11.1x | -23.7x | 1.9x |
| Thu, 09 Feb 2023 | AU$547.0m | AU$203.5m | -AU$24,370,832.00 | 18.6x | -22.4x | 2.7x |
| Sat, 07 Jan 2023 | AU$517.8m | AU$203.5m | -AU$24,390,132.00 | 21.1x | -21.2x | 2.5x |
| Mon, 05 Dec 2022 | AU$600.6m | AU$203.5m | -AU$24,386,585.00 | 19.2x | -24.6x | 3x |
| Wed, 02 Nov 2022 | AU$592.1m | AU$203.5m | -AU$24,432,644.00 | 18x | -24.2x | 2.9x |
| Fri, 30 Sep 2022 | AU$675.1m | AU$204.6m | -AU$26,040,397.00 | 18.8x | -25.9x | 3.3x |
| Sun, 28 Aug 2022 | AU$740.3m | AU$170.2m | -AU$34,409,845.00 | 13.8x | -21.5x | 4.4x |
| Tue, 26 Jul 2022 | AU$845.0m | AU$170.1m | -AU$32,679,998.00 | 12.3x | -25.9x | 5x |
| Thu, 23 Jun 2022 | AU$604.8m | AU$170.1m | -AU$32,663,902.00 | 11.4x | -18.5x | 3.6x |
| Sat, 21 May 2022 | AU$735.0m | AU$170.1m | -AU$32,634,638.00 | 13.1x | -22.5x | 4.3x |
| Mon, 18 Apr 2022 | AU$883.0m | AU$170.1m | -AU$32,498,349.00 | 14.5x | -27.2x | 5.2x |
| Wed, 16 Mar 2022 | AU$860.7m | AU$170.1m | -AU$31,129,086.00 | 13.3x | -27.6x | 5.1x |
| Fri, 11 Feb 2022 | AU$1.1b | AU$143.3m | -AU$24,569,279.00 | 14.1x | -45.7x | 7.8x |
| Sun, 09 Jan 2022 | AU$1.2b | AU$143.3m | -AU$24,575,246.00 | 13.8x | -50.2x | 8.6x |
| Tue, 07 Dec 2021 | AU$1.2b | AU$143.4m | -AU$24,646,375.00 | 13.1x | -49.7x | 8.5x |
| Thu, 04 Nov 2021 | AU$1.8b | AU$143.3m | -AU$24,459,722.00 | 14.3x | -72x | 12.3x |
| Sat, 02 Oct 2021 | AU$1.5b | AU$144.7m | -AU$24,551,905.00 | 13.4x | -61.1x | 10.4x |
| Mon, 30 Aug 2021 | AU$339.6m | AU$144.8m | -AU$22,762,730.54 | 13.6x | -14.9x | 2.3x |
| Tue, 06 Jul 2021 | AU$340.5m | AU$144.8m | -AU$22,762,730.54 | 13.5x | -15x | 2.4x |
| Fri, 09 Apr 2021 | AU$338.2m | AU$124.2m | -AU$21,370,356.52 | 19.9x | -15.8x | 2.7x |
| Thu, 31 Dec 2020 | AU$259.3m | AU$87.1m | -AU$19,724,181.38 | 29.7x | -13.1x | 3x |
Price to Earnings Ratio
-11.1x
Current Industry PE
- Investors are pessimistic on the Australian Electrical Components and Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Electrical Components and Equipment industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 44% 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 Comparison
How does Australian Electrical Components compare with similar industries?
| AU Market | -0.99% | |
| Industrials | -1.75% | |
| Electrical | 3.24% | |
| Electrical Components | 2.98% | |
| Heavy Electrical Equipment | 6.67% | |
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 | |
|---|---|---|---|---|---|
| CPV ClearVue Technologies | AU$0.36 | 22.0% +AU$14.9m | 84.6% | PS1300x | |
| LIS Li-S Energy | AU$0.23 | 4.4% +AU$6.4m | -44.0% | PB3.1x | |
| IG6 International Graphite | AU$0.18 | 5.9% +AU$1.7m | -41.0% | PB1.9x | |
| LIT Lithium Australia | AU$0.032 | 3.2% +AU$1.2m | -31.9% | PS7.1x | |
| 14D 1414 Degrees | AU$0.038 | 8.6% +AU$714.5k | -43.3% | PB1x |
