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U.K. (FTSE) Electrical Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies17
  • 7D4.0%
  • 3M2.5%
  • 1Y3.1%
  • YTD2.6%

Over the last 7 days, the Electrical industry has risen 4.0%, and Volex contributed the most with a gain of 7.5%. Meanwhile, Ilika actually underperformed within the industry, shrinking 5.8% in the last week. In the last 12 months, the industry was up 3.1%. Earnings are forecast to grow by 45% annually.

Industry Valuation and Performance

Has the U.K. Electrical Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026UK£7.1bUK£2.6b-UK£90,640,605.0020.3x-77.9x2.8x
Tue, 03 Mar 2026UK£5.3bUK£2.2b-UK£66,425,410.0020.9x-80x2.4x
Thu, 29 Jan 2026UK£5.3bUK£2.2b-UK£79,113,360.0019.8x-66.7x2.4x
Sat, 27 Dec 2025UK£3.5bUK£2.2b-UK£61,907,272.0017.9x-55.7x1.6x
Mon, 24 Nov 2025UK£3.6bUK£2.2b-UK£63,279,106.0017.2x-57.5x1.6x
Wed, 22 Oct 2025UK£3.5bUK£2.2b-UK£88,031,597.0016.3x-39.3x1.6x
Fri, 19 Sep 2025UK£3.2bUK£2.2b-UK£82,847,677.0016.6x-38.6x1.5x
Sun, 17 Aug 2025UK£3.2bUK£2.2b-UK£76,914,973.0014.6x-42.1x1.5x
Tue, 15 Jul 2025UK£3.5bUK£2.3b-UK£149,339,045.0015.7x-23.2x1.5x
Thu, 12 Jun 2025UK£3.1bUK£2.3b-UK£121,442,845.0014.9x-25.9x1.4x
Sat, 10 May 2025UK£2.5bUK£2.3b-UK£125,467,677.0014.1x-20.3x1.1x
Mon, 07 Apr 2025UK£2.2bUK£2.3b-UK£126,452,567.0013.2x-17x0.9x
Wed, 05 Mar 2025UK£2.5bUK£2.3b-UK£142,934,932.0014.5x-17.6x1.1x
Fri, 31 Jan 2025UK£2.9bUK£2.3b-UK£134,250,574.0015.2x-21.7x1.3x
Sun, 29 Dec 2024UK£3.1bUK£2.3b-UK£133,326,669.0014.7x-23x1.3x
Tue, 26 Nov 2024UK£3.1bUK£2.3b-UK£120,259,899.0015.2x-25.7x1.3x
Thu, 24 Oct 2024UK£3.3bUK£2.2b-UK£123,918,715.0016.8x-26.9x1.5x
Sat, 21 Sep 2024UK£3.3bUK£2.2b-UK£133,489,222.0017.3x-25x1.5x
Mon, 19 Aug 2024UK£3.6bUK£2.2b-UK£134,009,875.0018.5x-27.1x1.7x
Wed, 17 Jul 2024UK£3.9bUK£2.2b-UK£167,006,303.0019.5x-23.5x1.8x
Fri, 14 Jun 2024UK£3.8bUK£2.1b-UK£185,198,687.0018.2x-20.5x1.8x
Sun, 12 May 2024UK£3.6bUK£2.1b-UK£222,507,213.0018.1x-16.3x1.7x
Tue, 09 Apr 2024UK£3.4bUK£2.1b-UK£184,755,358.0017.1x-18.5x1.6x
Thu, 07 Mar 2024UK£3.4bUK£2.1b-UK£187,974,054.0016.6x-17.9x1.6x
Sat, 03 Feb 2024UK£3.8bUK£2.2b-UK£150,341,007.0017.9x-25.6x1.8x
Mon, 01 Jan 2024UK£3.8bUK£2.2b-UK£193,833,959.0018.3x-19.5x1.7x
Wed, 29 Nov 2023UK£3.4bUK£2.2b-UK£195,013,461.0016.9x-17.5x1.6x
Fri, 27 Oct 2023UK£3.3bUK£2.2b-UK£192,646,770.0015.4x-17.2x1.5x
Sun, 24 Sep 2023UK£4.2bUK£2.1b-UK£196,105,929.0020.5x-21.6x2x
Tue, 22 Aug 2023UK£4.2bUK£2.1b-UK£196,522,587.0019.6x-21.5x2x
Thu, 20 Jul 2023UK£4.5bUK£2.1b-UK£267,453,979.0020.3x-16.7x2.1x
Sat, 17 Jun 2023UK£4.3bUK£2.0b-UK£234,967,850.0019.8x-18.3x2.1x
Mon, 15 May 2023UK£4.2bUK£2.0b-UK£238,196,725.0018.9x-17.7x2.1x
Wed, 12 Apr 2023UK£4.0bUK£2.0b-UK£224,649,448.0019.2x-17.7x2x
Price to Earnings Ratio

-17.7x


Total Market Cap: UK£4.0bTotal Earnings: -UK£224,649,448.00Total Revenue: UK£2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Electrical Industry Price to Earnings3Y Average -28.3x202420252026
Current Industry PE
  • Investors are optimistic on the British Electrical industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have improved over the last three years.
  • Revenues for these companies have grown 7.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the U.K. Industrials industry?

GB Market4.54%
Industrials6.08%
Electrical3.97%
Electrical Components4.02%
Heavy Electrical Equipment3.42%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 46% over the next 5 years.
    • This is better than its past earnings growth rate of 35% per year.
    • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 33% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    		VLX VolexUK£4.797.5%
    +UK£61.5m    		140.9%PE20.3x
    		ROSE Rosebank IndustriesUK£3.281.9%
    +UK£59.3m    		-31.7%PS9.6x
    		CWR Ceres Power HoldingsUK£3.379.3%
    +UK£56.1m    		603.8%PS20.1x
    		DSCV discoverIE GroupUK£5.565.9%
    +UK£29.8m    		8.4%PE20.6x
    		LUCE LucecoUK£1.838.7%
    +UK£21.8m    		51.7%PE13.5x

    Latest News

    ROSE
    UK£3.28
    Rosebank Industries
    7D
    1.9%
    1Y
    -31.7%
    LUCE
    UK£1.83
    Luceco
    7D
    8.7%
    1Y
    51.7%
    DSCV
    UK£5.56
    discoverIE Group
    7D
    5.9%
    1Y
    8.4%
    TFW
    UK£2.54
    FW Thorpe
    7D
    5.0%
    1Y
    -12.4%
    CWR
    UK£3.37
    Ceres Power Holdings
    7D
    9.3%
    1Y
    603.8%

    CWR: Partnership And Aggressive Revenue Assumptions Will Likely Outrun Future Earnings

    Analysts have raised their price target for Ceres Power Holdings, pointing to a revised fair value estimate of £2.27, a higher assumed discount rate of 9.44%, materially stronger revenue growth expectations of 27.21%, an updated future P/E assumption of 158.00x, and a slightly lower profit margin estimate of 5.52%. What's in the News Ceres Power Holdings announced a collaboration with Centrica to deploy solid oxide on-site power solutions targeting multi-gigawatt demand from commercial and industrial customers across the UK and Europe.
    ITM
    UK£0.64
    ITM Power
    7D
    3.3%
    1Y
    128.4%

    ITM: FID Backlog And 2026 Guidance Will Still Likely Disappoint

    Analysts have kept their fair value target for ITM Power steady at £0.55, citing only slight tweaks to assumptions around the discount rate, revenue growth, profit margin and future P/E that do not materially shift their overall valuation view. What's in the News ITM Power confirmed that the previously announced 20 MW Notice to Proceed relates to MorGen Energy's West Wales Hydrogen project in Milford Haven, which has now reached Final Investment Decision, with commissioning targeted for 2028 and expected output of around 2,000 tonnes of hydrogen per year (Key Developments).
    VLX
    UK£4.79
    Volex
    7D
    7.5%
    1Y
    140.9%

    VLX: Refined Assumptions And Higher P/E Will Shape Measured Future Returns

    The analyst price target for Volex has increased by £0.10. Analysts attribute this change to updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E.
    GELN
    UK£0.13
    Gelion
    7D
    -3.8%
    1Y
    16.3%
    XPP
    UK£12.72
    XP Power
    7D
    2.3%
    1Y
    98.8%
    IKA
    UK£0.24
    Ilika
    7D
    -5.8%
    1Y
    -26.9%