Broadwind, Inc. (NASDAQ:BWEN) Surges 86% Yet Its Low P/S Is No Reason For Excitement
Jun 11
U.S. Heavy Electrical Equipment Industry Analysis
UpdatedJun 18, 2024
DataAggregated Company Financials
Companies19
- 7D0.5%
- 3M22.9%
- 1Y-15.5%
- YTDn/a
The Heavy Electrical Equipment industry is up 3.9% in the last week, with GE Vernova up 2.1%. Meanwhile, Bloom Energy actually underperformed within the industry, shrinking 5.3% in the last week. In the past year, the industry is down 15%. As for the next few years, earnings are expected to grow by 44% per annum.
Industry Valuation and Performance
Has the U.S. Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 18 Jun 2024 | US$56.4b | US$35.6b | -US$808,973,419.00 | 10.3x | -69.8x | 1.6x |
| Thu, 16 May 2024 | US$52.9b | US$35.6b | -US$807,944,419.00 | 6.7x | -65.4x | 1.5x |
| Sat, 13 Apr 2024 | US$55.6b | US$35.2b | -US$1,010,912,218.00 | 6.6x | -55x | 1.6x |
| Mon, 11 Mar 2024 | US$17.9b | US$2.0b | -US$608,117,218.00 | 6.7x | -29.4x | 9.1x |
| Wed, 07 Feb 2024 | US$17.6b | US$3.6b | -US$889,771,470.00 | 14x | -19.7x | 4.9x |
| Fri, 05 Jan 2024 | US$28.3b | US$14.6b | -US$2,458,191,419.00 | 15.4x | -11.5x | 1.9x |
| Sun, 03 Dec 2023 | US$28.6b | US$14.6b | -US$2,455,273,809.00 | 13x | -11.7x | 2x |
| Tue, 31 Oct 2023 | US$28.1b | US$14.3b | -US$2,359,459,201.00 | 2x | -11.9x | 2x |
| Thu, 28 Sep 2023 | US$29.3b | US$14.3b | -US$2,359,459,201.00 | 2.2x | -12.4x | 2x |
| Sat, 26 Aug 2023 | US$29.9b | US$14.3b | -US$2,346,012,201.00 | 2.2x | -12.7x | 2.1x |
| Mon, 24 Jul 2023 | US$22.0b | US$14.2b | -US$2,185,370,201.00 | 2.2x | -10x | 1.5x |
| Wed, 21 Jun 2023 | US$22.1b | US$14.3b | -US$2,186,440,653.00 | 2.2x | -10.1x | 1.6x |
| Fri, 19 May 2023 | US$18.8b | US$14.3b | -US$2,125,795,258.00 | 291x | -8.8x | 1.3x |
| Sun, 16 Apr 2023 | US$20.0b | US$14.1b | -US$2,128,803,539.00 | 2.6x | -9.4x | 1.4x |
| Tue, 14 Mar 2023 | US$7.8b | US$3.1b | -US$580,715,970.00 | 2.6x | -13.5x | 2.5x |
| Thu, 09 Feb 2023 | US$9.1b | US$3.1b | -US$620,377,027.00 | 1.5x | -14.6x | 2.9x |
| Sat, 07 Jan 2023 | US$8.8b | US$4.4b | -US$522,791,027.00 | 6.1x | -16.8x | 2x |
| Mon, 05 Dec 2022 | US$9.5b | US$4.4b | -US$524,632,305.00 | 9.4x | -18.1x | 2.2x |
| Wed, 02 Nov 2022 | US$4.9b | US$3.2b | -US$221,682,078.00 | 9x | -22.3x | 1.5x |
| Fri, 30 Sep 2022 | US$5.4b | US$3.0b | -US$233,506,078.00 | 9x | -23.3x | 1.8x |
| Sun, 28 Aug 2022 | US$6.4b | US$2.9b | -US$261,888,078.00 | 10x | -24.6x | 2.2x |
| Tue, 26 Jul 2022 | US$9.1b | US$4.8b | -US$471,924,907.00 | 14.8x | -19.3x | 1.9x |
| Thu, 23 Jun 2022 | US$9.1b | US$4.7b | -US$467,608,992.00 | 15.9x | -19.4x | 1.9x |
| Sat, 21 May 2022 | US$9.0b | US$4.7b | -US$467,959,721.00 | 16x | -19.2x | 1.9x |
| Mon, 18 Apr 2022 | US$8.5b | US$4.6b | -US$300,330,942.00 | 14.3x | -28.3x | 1.9x |
| Wed, 16 Mar 2022 | US$8.3b | US$4.6b | -US$303,791,819.00 | 14.6x | -27.4x | 1.8x |
| Fri, 11 Feb 2022 | US$2.9b | US$3.6b | -US$27,935,364.00 | 11.2x | -102.2x | 0.8x |
| Sun, 09 Jan 2022 | US$3.3b | US$3.6b | -US$29,317,364.00 | 12.4x | -112.4x | 0.9x |
| Tue, 07 Dec 2021 | US$3.4b | US$3.6b | -US$27,170,364.00 | 13x | -125.4x | 0.9x |
| Thu, 04 Nov 2021 | US$3.4b | US$3.0b | US$44.5m | 17.7x | 75.4x | 1.1x |
| Sat, 02 Oct 2021 | US$3.4b | US$3.0b | US$10.5m | 24x | 320.2x | 1.1x |
| Mon, 30 Aug 2021 | US$3.8b | US$3.1b | US$7.6m | 23.7x | 502.5x | 1.2x |
| Tue, 06 Jul 2021 | US$4.3b | US$3.1b | US$7.6m | 23x | 563.5x | 1.4x |
Price to Earnings Ratio
563.5x
Current Industry PE
- Investors are pessimistic on the American Heavy Electrical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- Total earnings for the Heavy Electrical Equipment industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 126% 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 decreased profits.
Industry Comparison
How does U.S. Heavy Electrical Equipment compare with similar industries?
| US Market | 1.61% | |
| Industrials | -0.16% | |
| Electrical | -0.71% | |
| Heavy Electrical Equipment | 0.52% | |
| Electrical Components | -0.88% | |
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 | |
|---|---|---|---|---|---|
| GEV GE Vernova | US$168.76 | 1.3% +US$581.1m | n/a | PS1.4x | |
| NNE NANO Nuclear Energy | US$9.41 | 27.3% +US$58.5m | n/a | PB97.3x | |
| TPIC TPI Composites | US$4.88 | 5.9% +US$12.8m | -55.6% | PS0.2x | |
| BW Babcock & Wilcox Enterprises | US$1.38 | 3.8% +US$4.6m | -78.7% | PS0.1x | |
| PPSI Pioneer Power Solutions | US$4.03 | 2.8% +US$1.1m | -51.3% | PE22.5x |