Estimating The Fair Value Of GUD Holdings Limited (ASX:GUD)
Apr 06
Australian (ASX) Auto Components Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies8
- 7D-3.2%
- 3M5.3%
- 1Y14.6%
- YTD1.8%
Over the last 7 days, the Auto Components industry has dropped 3.2%, driven by Schaffer declining 2.5%. In the past year, the industry has gained 15%. Looking forward, earnings are forecast to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | AU$6.1b | AU$2.4b | AU$251.2m | 13.8x | 24.2x | 2.6x |
| Fri, 22 Mar 2024 | AU$6.6b | AU$2.4b | AU$251.2m | 15.8x | 26.5x | 2.8x |
| Sun, 18 Feb 2024 | AU$6.0b | AU$2.3b | AU$239.5m | 14.5x | 24.9x | 2.6x |
| Tue, 16 Jan 2024 | AU$5.7b | AU$2.3b | AU$151.9m | 16.9x | 37.6x | 2.5x |
| Thu, 14 Dec 2023 | AU$5.8b | AU$2.3b | AU$151.9m | 16.8x | 38.1x | 2.5x |
| Sat, 11 Nov 2023 | AU$5.6b | AU$2.3b | AU$151.9m | 15.9x | 36.8x | 2.4x |
| Mon, 09 Oct 2023 | AU$5.5b | AU$2.3b | AU$151.9m | 17x | 36.3x | 2.4x |
| Wed, 06 Sep 2023 | AU$6.0b | AU$2.3b | AU$151.9m | 17.4x | 39.4x | 2.6x |
| Fri, 04 Aug 2023 | AU$5.2b | AU$2.3b | AU$148.6m | 23.2x | 34.8x | 2.3x |
| Sun, 02 Jul 2023 | AU$4.8b | AU$2.3b | AU$148.6m | 19.7x | 32.5x | 2.1x |
| Tue, 30 May 2023 | AU$4.9b | AU$2.3b | AU$148.6m | 19.7x | 32.8x | 2.1x |
| Thu, 27 Apr 2023 | AU$5.3b | AU$2.3b | AU$148.6m | 21x | 35.9x | 2.3x |
| Sat, 25 Mar 2023 | AU$5.3b | AU$2.3b | AU$148.6m | 20.6x | 35.4x | 2.3x |
| Mon, 20 Feb 2023 | AU$5.5b | AU$2.3b | AU$183.3m | 20.4x | 30x | 2.4x |
| Wed, 18 Jan 2023 | AU$5.2b | AU$2.1b | AU$161.5m | 19.9x | 32.2x | 2.5x |
| Fri, 16 Dec 2022 | AU$5.0b | AU$2.1b | AU$161.5m | 21x | 30.9x | 2.4x |
| Sun, 13 Nov 2022 | AU$5.2b | AU$2.1b | AU$161.5m | 20.8x | 32x | 2.5x |
| Tue, 11 Oct 2022 | AU$4.7b | AU$2.1b | AU$161.5m | 17.7x | 29.4x | 2.3x |
| Thu, 08 Sep 2022 | AU$4.9b | AU$1.9b | AU$157.5m | 15.2x | 31x | 2.5x |
| Sat, 06 Aug 2022 | AU$5.2b | AU$1.7b | AU$188.4m | 21x | 27.4x | 3x |
| Mon, 04 Jul 2022 | AU$4.5b | AU$1.7b | AU$188.4m | 18.5x | 24x | 2.7x |
| Wed, 01 Jun 2022 | AU$5.5b | AU$1.7b | AU$188.4m | 20.5x | 29x | 3.2x |
| Fri, 29 Apr 2022 | AU$6.6b | AU$1.7b | AU$188.4m | 25.8x | 34.9x | 3.9x |
| Sun, 27 Mar 2022 | AU$6.3b | AU$1.7b | AU$188.4m | 23x | 33.5x | 3.7x |
| Tue, 22 Feb 2022 | AU$6.6b | AU$1.6b | AU$195.8m | 26x | 33.7x | 4x |
| Thu, 20 Jan 2022 | AU$6.9b | AU$1.6b | AU$201.9m | 26.1x | 34.3x | 4.5x |
| Sat, 18 Dec 2021 | AU$6.7b | AU$1.6b | AU$201.9m | 18.4x | 33.4x | 4.3x |
| Mon, 15 Nov 2021 | AU$7.0b | AU$1.6b | AU$201.9m | 19.7x | 34.7x | 4.5x |
| Wed, 13 Oct 2021 | AU$6.2b | AU$1.6b | AU$201.9m | 20.6x | 30.9x | 4x |
| Fri, 10 Sep 2021 | AU$6.4b | AU$1.6b | AU$202.4m | 19.3x | 31.7x | 4.1x |
| Sun, 08 Aug 2021 | AU$6.2b | AU$1.5b | AU$196.3m | 20.1x | 31.7x | 4.1x |
| Sat, 01 May 2021 | AU$5.7b | AU$1.4b | AU$176.8m | 22.4x | 32.1x | 4x |
Price to Earnings Ratio
32.1x
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 24.2x which is lower than its 3-year average PE of 32.5x.
- The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 19% 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 | -2.96% | |
| Consumer Discretionary | -3.39% | |
| Auto Components | -3.16% | |
| Tires and Rubber | 0% | |
| Auto Parts and Equipment | -3.16% | |
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 32.5x.
- Analysts are expecting annual earnings growth of 10.7%, which is lower than the prior year's growth of 12.3% per year.
- Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 32.5x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 11% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| ARB ARB | AU$38.97 | 2.1% +AU$70.1m | 22.9% | PE34.8x | |
| PWH PWR Holdings | AU$11.50 | 4.4% +AU$48.2m | 15.5% | PE48.7x | |
| GUD GUD Holdings | AU$10.78 | 3.0% +AU$43.7m | 14.0% | PE14.2x | |
| AHL Adrad Holdings | AU$1.01 | 3.1% +AU$2.4m | -1.5% | PE12x | |
| ABV Advanced Braking Technology | AU$0.048 | 2.1% +AU$381.3k | 20.0% | PE12.3x |