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Top Global Automobiles Growth Stocks
UPDATED Jul 02, 2022
What are the best Global Automobiles Growth Stocks?
According to our Simply Wall St analysis these are the best Global Automobiles growth companies. We look for companies with high forecasted growth and healthy balance sheets that can deliver sustained growth over the long term.
Our criteria to find Top Growth Companies
Growth
- Companies with sustained revenue growth that outperforms the market are attractive to investors. These companies are most likely to appreciate in share price over time.
What do we look for?
- Is the company forecast to have high earnings growth.
Healthy Balance Sheet
- A healthy balance sheet is essential to drive growth opportunities and sustain the business.
- Repayments on debt take precedence over other initiatives to improve shareholder returns, so investors want to make sure the company is comfortably positioned to cover its debts.
What do we look for?
- Does the company have a manageable level of debt.
- Is the company able to cover its interest repayments.
19 companies meet this criteria in the Global market
Alicon Castalloy Limited engages in the prototyping, design, manufacturing, engineering, casting, machining and assembly, painting, and surface treatment of aluminum components in India and internationally.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: 531147's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Earnings are forecast to grow 64.03% per year
Became profitable this year
Risks
Interest payments are not well covered by earnings
Shareholders have been diluted in the past year
Significant insider selling over the past 3 months
Ford Otomotiv Sanayi A.S. manufactures, assembles, imports, exports, and sells motor vehicles and spare parts in Turkey.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: FROTO's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 13.6% below our estimate of its fair value
Earnings are forecast to grow 21.99% per year
Earnings grew by 81.7% over the past year
Risks
Has a high level of debt
Niu Technologies designs, manufactures, and sells smart electric scooters in the People's Republic of China.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: NIU's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 44.8% below our estimate of its fair value
Earnings are forecast to grow 41.47% per year
Earnings have grown 71.1% per year over the past 5 years
Risks
No risks detected for NIU from our risks checks.
Vmoto Limited, together with its subsidiaries, manufactures and distributes electric two-wheel vehicles worldwide.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: VMT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 97.3% below our estimate of its fair value
Earnings are forecast to grow 24.46% per year
Earnings grew by 116.3% over the past year
Risks
High level of non-cash earnings
Does not have a meaningful market cap (A$90M)
Landai Technology Group Corp., Ltd. primarily engages in the research, design, development, manufacture, and sale of power transmission assemblies, transmission parts, and die-casting products for the automotive, textile machinery, and general machinery markets in China.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: 002765's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Price-To-Earnings ratio (21x) is below the CN market (34.2x)
Earnings are forecast to grow 29.04% per year
Earnings grew by 239.7% over the past year
Risks
Large one-off items impacting financial results
Minda Corporation Limited manufactures and sells automobile components and parts.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: MINDACORP's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 25.4% below our estimate of its fair value
Earnings are forecast to grow 21.82% per year
Earnings grew by 105.2% over the past year
Risks
No risks detected for MINDACORP from our risks checks.
XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People’s Republic of China.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: XPEV is expected to become profitable in the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 87.5% below our estimate of its fair value
Earnings are forecast to grow 59.36% per year
Risks
No risks detected for XPEV from our risks checks.
Eurocharm Holdings Co., Ltd. manufactures and sells automotive components, motorcycle parts, and medical equipment in Taiwan and internationally.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: 5288's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Price-To-Earnings ratio (16.6x) is below the Auto Components industry average (19x)
Earnings are forecast to grow 28.15% per year
Earnings have grown 7.6% per year over the past 5 years
Risks
High level of non-cash earnings