Amotiv Limited's (ASX:AOV) Intrinsic Value Is Potentially 68% Above Its Share Price
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Australian (ASX) Auto Components Industry Analysis
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies8
- 7D2.8%
- 3M1.9%
- 1Y15.1%
- YTD7.9%
The Auto Components industry is up 2.8% in the last week, with PWR Holdings up 3.2%. This takes the industry's 12 month performance to a gain of 15%. Looking forward, earnings are forecast to grow by 9.1% annually.
Industry Valuation and Performance
Has the Australian Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Oct 2024 | AU$6.5b | AU$2.3b | AU$266.6m | 15.4x | 24.3x | 2.8x |
| Thu, 12 Sep 2024 | AU$6.2b | AU$2.3b | AU$266.8m | 15x | 23.4x | 2.7x |
| Sat, 10 Aug 2024 | AU$6.2b | AU$2.4b | AU$251.2m | 16.2x | 24.5x | 2.6x |
| Mon, 08 Jul 2024 | AU$6.1b | AU$2.4b | AU$251.2m | 13.8x | 24.3x | 2.6x |
| Wed, 05 Jun 2024 | AU$6.0b | AU$2.4b | AU$251.2m | 13.9x | 24.1x | 2.6x |
| Fri, 03 May 2024 | AU$6.1b | AU$2.4b | AU$251.2m | 13.6x | 24.3x | 2.6x |
| Sun, 31 Mar 2024 | AU$6.6b | AU$2.4b | AU$251.2m | 15.5x | 26.4x | 2.8x |
| Tue, 27 Feb 2024 | AU$6.5b | AU$2.4b | AU$250.3m | 14.6x | 26x | 2.8x |
| Thu, 25 Jan 2024 | AU$5.9b | AU$2.3b | AU$151.9m | 17.3x | 38.6x | 2.5x |
| Sat, 23 Dec 2023 | AU$6.0b | AU$2.3b | AU$151.9m | 17x | 39.3x | 2.6x |
| Mon, 20 Nov 2023 | AU$5.6b | AU$2.3b | AU$151.9m | 15.9x | 37.1x | 2.4x |
| Wed, 18 Oct 2023 | AU$5.6b | AU$2.3b | AU$151.9m | 16.7x | 37.1x | 2.4x |
| Fri, 15 Sep 2023 | AU$5.9b | AU$2.3b | AU$151.9m | 17.1x | 38.8x | 2.5x |
| Sun, 13 Aug 2023 | AU$5.4b | AU$2.3b | AU$143.7m | 23.8x | 37.5x | 2.4x |
| Tue, 11 Jul 2023 | AU$4.8b | AU$2.3b | AU$148.6m | 22.3x | 32.6x | 2.1x |
| Thu, 08 Jun 2023 | AU$4.8b | AU$2.3b | AU$148.6m | 19.5x | 32.2x | 2.1x |
| Sat, 06 May 2023 | AU$5.3b | AU$2.3b | AU$148.6m | 20.9x | 35.5x | 2.3x |
| Mon, 03 Apr 2023 | AU$5.4b | AU$2.3b | AU$148.6m | 20.9x | 36.3x | 2.4x |
| Wed, 01 Mar 2023 | AU$5.5b | AU$2.3b | AU$156.7m | 19.5x | 35.2x | 2.4x |
| Fri, 27 Jan 2023 | AU$5.3b | AU$2.1b | AU$161.5m | 20.4x | 33x | 2.6x |
| Sun, 25 Dec 2022 | AU$4.6b | AU$2.1b | AU$161.5m | 19.7x | 28.8x | 2.3x |
| Tue, 22 Nov 2022 | AU$5.1b | AU$2.1b | AU$161.5m | 21.4x | 31.3x | 2.5x |
| Thu, 20 Oct 2022 | AU$4.7b | AU$2.1b | AU$161.5m | 18.2x | 29x | 2.3x |
| Sat, 17 Sep 2022 | AU$5.1b | AU$1.9b | AU$157.5m | 16.6x | 32.2x | 2.6x |
| Mon, 15 Aug 2022 | AU$5.2b | AU$1.7b | AU$188.4m | 21.2x | 27.8x | 3.1x |
| Wed, 13 Jul 2022 | AU$4.7b | AU$1.7b | AU$188.4m | 19.2x | 24.9x | 2.8x |
| Fri, 10 Jun 2022 | AU$5.0b | AU$1.7b | AU$188.4m | 18.9x | 26.6x | 2.9x |
| Sun, 08 May 2022 | AU$5.8b | AU$1.7b | AU$188.4m | 20.4x | 30.6x | 3.4x |
| Tue, 05 Apr 2022 | AU$6.4b | AU$1.7b | AU$188.4m | 24.4x | 33.9x | 3.7x |
| Thu, 03 Mar 2022 | AU$6.5b | AU$1.7b | AU$188.4m | 26.4x | 34.5x | 3.8x |
| Sat, 29 Jan 2022 | AU$6.5b | AU$1.6b | AU$201.9m | 23.8x | 32.4x | 4.2x |
| Mon, 27 Dec 2021 | AU$7.2b | AU$1.6b | AU$201.9m | 23.1x | 35.6x | 4.6x |
| Wed, 24 Nov 2021 | AU$6.9b | AU$1.6b | AU$201.9m | 19.1x | 34.3x | 4.5x |
| Fri, 22 Oct 2021 | AU$6.7b | AU$1.6b | AU$201.9m | 21.1x | 33x | 4.3x |
Price to Earnings Ratio
33x
Current Industry PE
- Investors are pessimistic on the Australian Auto Components industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 24.3x which is lower than its 3-year average PE of 31.3x.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 9.7% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Consumer Discretionary industry?
| AU Market | 0.84% | |
| Consumer Discretionary | 1.86% | |
| Auto Components | 2.84% | |
| Auto Parts and Equipment | 2.84% | |
| Tires and Rubber | 0% | |
Industry PE
- Investors are most optimistic about the Auto Parts and Equipment industry even though it's trading below its 3-year average PE ratio of 31.3x.
- Analysts are expecting annual earnings growth of 9.1%, which is lower than the prior year's growth of 15.6% per year.
- Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 31.3x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 9.1% over the next 5 years.
- However this is lower than its past earnings growth rate of 16% per year.
- In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 9.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PWH PWR Holdings | AU$9.36 | 3.2% +AU$29.2m | -13.5% | PE37.9x | |
| SFC Schaffer | AU$21.98 | 4.7% +AU$13.3m | 29.1% | PE11x | |
| AOV Amotiv | AU$10.19 | 0.9% +AU$12.7m | -12.2% | PE14.4x | |
| AHL Adrad Holdings | AU$0.76 | 4.1% +AU$2.4m | -19.6% | PE10.3x |