Australian (ASX) Auto Components Industry Analysis

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, 30 Nov 2022	AU$5.1b	AU$2.1b	AU$161.5m	21.3x	31.8x	2.5x
Fri, 28 Oct 2022	AU$4.8b	AU$2.1b	AU$161.5m	18.3x	29.9x	2.3x
Sun, 25 Sep 2022	AU$4.6b	AU$1.9b	AU$157.5m	18.3x	29.4x	2.4x
Tue, 23 Aug 2022	AU$5.2b	AU$1.9b	AU$165.0m	20.4x	31.2x	2.7x
Thu, 21 Jul 2022	AU$5.0b	AU$1.7b	AU$188.4m	20.7x	26.5x	2.9x
Sat, 18 Jun 2022	AU$4.2b	AU$1.7b	AU$188.4m	15.6x	22.3x	2.5x
Mon, 16 May 2022	AU$5.5b	AU$1.7b	AU$188.4m	20.1x	29.2x	3.2x
Wed, 13 Apr 2022	AU$6.3b	AU$1.7b	AU$188.4m	24.4x	33.2x	3.7x
Fri, 11 Mar 2022	AU$6.1b	AU$1.7b	AU$188.4m	24.6x	32.4x	3.6x
Sun, 06 Feb 2022	AU$6.8b	AU$1.6b	AU$201.9m	25.3x	33.9x	4.4x
Tue, 04 Jan 2022	AU$7.3b	AU$1.6b	AU$201.9m	20.5x	35.9x	4.7x
Thu, 02 Dec 2021	AU$6.8b	AU$1.6b	AU$201.9m	18.8x	33.7x	4.4x
Sat, 30 Oct 2021	AU$6.7b	AU$1.6b	AU$201.9m	20.5x	33.1x	4.3x
Mon, 27 Sep 2021	AU$6.4b	AU$1.6b	AU$202.4m	19x	31.6x	4.1x
Wed, 25 Aug 2021	AU$6.7b	AU$1.5b	AU$196.3m	19.9x	34.2x	4.4x
Thu, 01 Jul 2021	AU$6.0b	AU$1.5b	AU$196.3m	20x	30.4x	3.9x
Sun, 04 Apr 2021	AU$5.1b	AU$1.4b	AU$176.8m	18.2x	29x	3.6x
Wed, 06 Jan 2021	AU$4.8b	AU$1.3b	AU$155.9m	22.8x	30.6x	3.7x
Sat, 10 Oct 2020	AU$4.3b	AU$1.3b	AU$89.1m	32.6x	48.5x	3.4x
Fri, 03 Jul 2020	AU$3.4b	AU$1.2b	AU$22.2m	29.7x	151x	2.8x
Mon, 06 Apr 2020	AU$2.7b	AU$1.2b	AU$26.3m	18.2x	102.2x	2.2x
Thu, 09 Jan 2020	AU$3.7b	AU$1.2b	AU$32.2m	22.1x	113.7x	3x

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 31.8x which is lower than its 3-year average PE of 57.7x.

The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.5x.

Past Earnings Growth

The earnings for companies in the Auto Components industry have grown 27% per year over the last three years.
Revenues for these companies have grown 20% 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?

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 57.7x.

Analysts are expecting annual earnings growth of 14.6%, which is higher than its past year's earnings growth of 6.0% per year.

Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 57.7x.

Forecasted Growth

Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 15% over the next 5 years.
This is better than its past earnings growth rate of 6.0% per year.

In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 15% 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$11.25	0.4% +AU$4.0m	29.5%	PE54.2x
ARB ARB	AU$28.02	0.07% +AU$1.6m	-46.9%	PE18.8x
SIX Sprintex	AU$0.028	7.7% +AU$508.7k	-65.0%	PS14.5x
RPM RPM Automotive Group	AU$0.20	0% AU$114.7k	-34.4%	PE12.3x

Nov 22

Industry Valuation and Performance