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Iec Electronics Corp   (NASDAQ: IEC)
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology

Iec Electronics 's

Competitiveness




 

IEC Sales vs. its Competitors Q3 2021



Comparing the current results to its competitors, Iec Electronics reported Revenue increase in the 3 quarter 2021 by 4.24 % year on year.
The revenue growth was below Iec Electronics 's competitors' average revenue growth of 19.6 %, achieved in the same quarter.

List of IEC Competitors

With a net margin of 2.08 % Iec Electronics reported lower profitability than its competitors.

More on IEC Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Iec Electronics Corp Net Income in the 3 quarter 2021 fell year on year by -51.47%, slower than its competitors' income growth of 33.8 %

<<  IEC Stock Performance Comparisons


Iec Electronics 's Comment on Competition and Industry Peers


The EMS industry is highly fragmented and characterized by intense competition. We believe that the principal competitive factors in the EMS market include: technology capabilities, quality and range of services, past performance, design, cost, responsiveness and flexibility. We specialize in the custom manufacture of life-saving and mission critical products that require complex circuit boards and system-level assemblies; a wide array of cable and wire harness assemblies capable of withstanding extreme environments; and precision metal components.

We are certified to serve the military and commercial aerospace sector as well as the medical sector and we hold various accreditations. We believe we excel where quality and reliability are of paramount importance and when low-to-medium volume, high-mix production is the norm. We utilize state-of-the-art, automated circuit board assembly equipment together with a full complement of high-reliability manufacturing stress testing methods. Our customer-centric approach offers a high degree of flexibility while simultaneously complying with rigorous quality and on-time delivery standards.

We compete against numerous foreign and domestic companies in addition to the internal capabilities of some of our customers. Some of our competitors include Sparton Corporation, Benchmark Electronics, Inc., Plexus Corp. and Ducommun Incorporated. We may face new competitors in the future as the outsourcing industry evolves and existing or start-up companies develop capabilities similar to ours.





  

Overall company Market Share Q3 2021

Overall company revenue, grew less, than total company revenues, at 4.24 % and company approximately market share, declined to 0.02 %.
<<  More on IEC Market Share.
 
*Market share is calculated based on total revenue.





Publicly Traded Peers of Iec Electronics Corp




Nova Ltd
Share Performance



+6.60%
Over The Past 5 Days



Nova Ltd
Profile

is a leading innovator and key provider of metrology solutions for advanced process control used in semiconductor manufacturing

More about Nova Ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 12,204.880 mill. $ 880.577 mill. $ 259.223 mill.


Viavi Solutions Inc
Share Performance



-33.50%
This Quarter



Viavi Solutions Inc
Profile

Viavi Solutions Inc operates as a provider of network testing, monitoring, and assurance solutions for telecommunications service providers, enterprises, and government entities. The company offers a range of products and services that help ensure the efficiency, performance, and security of network infrastructures.

More about Viavi Solutions Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 8,000.370 mill. $ 1,516.800 mill. $ -30.400 mill.


Ttm Technologies Inc
Share Performance



-33.76%
This Quarter



Ttm Technologies Inc
Profile

TTM Technologies Inc operates as a leading global printed circuit board (PCB) and radio frequency (RF) components manufacturer. The company's business model revolves around producing high-quality PCBs and RF solutions for various industries, catering to the needs of customers worldwide.

More about Ttm Technologies Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 13,449.750 mill. $ 3,102.895 mill. $ 195.258 mill.


Sigmatron International Inc
Share Performance



+1.35%
30 Days



Sigmatron International Inc
Profile

Sigmatron International Inc operates as an electronic manufacturing services company, providing customized manufacturing solutions and services to its customers. They offer a range of services, including engineering, procurement, assembly, and testing of electronic components and products.

More about Sigmatron International Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 18.898 mill. $ 304.306 mill. $ -10.255 mill.


Osi Systems inc
Share Performance



-13.90%
30 Days



Osi Systems inc
Profile

OSI Systems Inc is a diversified company engaged in providing security solutions, healthcare systems, and optoelectronic technologies. They generate revenue by offering services and products such as screening and inspection systems, patient monitoring systems, and fiber optic sensors. The company's business model centers around delivering innovative and reliable solutions to various sectors, ensuring safety, efficiency, and enhanced capabilities.

More about Osi Systems inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,254.553 mill. $ 1,784.196 mill. $ 154.711 mill.

58 more competitors available

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Sources: Iec Electronics Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Iec Electronics Corp versus competitors, including market share analysis.
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