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Australian (ASX) Auto Components Industry Analysis

UpdatedJun 14, 2024
DataAggregated Company Financials
Companies8
  • 7D1.4%
  • 3M-5.8%
  • 1Y30.9%
  • YTD3.2%

The Auto Components industry is up 1.4% in the last week, with Schaffer up 4.1%. This means that the industry has gained 31% over the past year. As for the next few years, earnings are expected to grow by 10% per annum.

Industry Valuation and Performance

Has the Australian Auto Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Jun 2024AU$6.2bAU$2.4bAU$251.2m13.8x24.6x2.6x
Sun, 12 May 2024AU$6.1bAU$2.4bAU$251.2m12.9x24.1x2.6x
Tue, 09 Apr 2024AU$6.4bAU$2.4bAU$251.2m14.6x25.4x2.7x
Thu, 07 Mar 2024AU$6.5bAU$2.4bAU$251.2m14.8x26x2.8x
Sat, 03 Feb 2024AU$6.0bAU$2.3bAU$151.9m17.4x39.7x2.6x
Mon, 01 Jan 2024AU$6.0bAU$2.3bAU$151.9m17.1x39.6x2.6x
Wed, 29 Nov 2023AU$5.4bAU$2.3bAU$151.9m15.2x35.5x2.3x
Fri, 27 Oct 2023AU$5.4bAU$2.3bAU$151.9m15.4x35.5x2.3x
Sun, 24 Sep 2023AU$5.9bAU$2.3bAU$151.9m17.1x38.5x2.5x
Tue, 22 Aug 2023AU$5.7bAU$2.3bAU$194.1m17.8x29.5x2.5x
Thu, 20 Jul 2023AU$5.1bAU$2.3bAU$148.6m23.1x34.5x2.2x
Sat, 17 Jun 2023AU$4.9bAU$2.3bAU$148.6m19.7x32.7x2.1x
Mon, 15 May 2023AU$5.3bAU$2.3bAU$148.6m21.3x35.6x2.3x
Wed, 12 Apr 2023AU$5.4bAU$2.3bAU$148.6m21.1x36.5x2.4x
Fri, 10 Mar 2023AU$5.6bAU$2.3bAU$148.6m24.3x37.5x2.4x
Sun, 05 Feb 2023AU$5.6bAU$2.1bAU$161.5m21.3x34.5x2.7x
Tue, 03 Jan 2023AU$4.7bAU$2.1bAU$161.5m19.4x29x2.3x
Thu, 01 Dec 2022AU$5.1bAU$2.1bAU$161.5m20.8x31.5x2.5x
Sat, 29 Oct 2022AU$4.7bAU$2.1bAU$161.5m18.5x29.2x2.3x
Mon, 26 Sep 2022AU$4.6bAU$1.9bAU$157.5m18.3x29.4x2.4x
Wed, 24 Aug 2022AU$5.2bAU$1.9bAU$165.0m20.6x31.3x2.7x
Fri, 22 Jul 2022AU$5.1bAU$1.7bAU$188.4m21.3x27.3x3x
Sun, 19 Jun 2022AU$4.2bAU$1.7bAU$188.4m15.6x22.3x2.5x
Tue, 17 May 2022AU$5.5bAU$1.7bAU$188.4m20.3x29.4x3.2x
Thu, 14 Apr 2022AU$6.2bAU$1.7bAU$188.4m22.2x33.1x3.7x
Sat, 12 Mar 2022AU$5.9bAU$1.7bAU$188.4m23.7x31.5x3.5x
Mon, 07 Feb 2022AU$6.8bAU$1.6bAU$201.9m25.3x33.9x4.4x
Wed, 05 Jan 2022AU$7.6bAU$1.6bAU$201.9m23.1x37.5x4.9x
Fri, 03 Dec 2021AU$6.8bAU$1.6bAU$201.9m18.8x33.5x4.4x
Sun, 31 Oct 2021AU$6.7bAU$1.6bAU$201.9m20.5x33.1x4.3x
Tue, 28 Sep 2021AU$6.5bAU$1.6bAU$202.4m19.5x32.2x4.2x
Thu, 26 Aug 2021AU$6.7bAU$1.5bAU$196.3m19.8x34.2x4.4x
Fri, 02 Jul 2021AU$6.0bAU$1.5bAU$196.3m20x30.4x3.9x
Price to Earnings Ratio

30.4x


Total Market Cap: AU$6.0bTotal Earnings: AU$196.3mTotal Revenue: AU$1.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Auto Components Industry Price to Earnings3Y Average 32.1x202220232024
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 24.6x which is lower than its 3-year average PE of 32.1x.
  • The 3-year average PS ratio of 3.0x 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 8.6% per year over the last three years.
  • Revenues for these companies have grown 16% 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-0.88%
Consumer Discretionary1.30%
Auto Components1.37%
Auto Parts and Equipment1.37%
Tires and Rubber0%
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 32.1x.
    • Analysts are expecting annual earnings growth of 10.4%, 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 32.1x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 10% 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 10% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SFC SchafferAU$20.514.1%
+AU$11.0m
19.7%PE16.1x
PWH PWR HoldingsAU$11.060.6%
+AU$7.0m
25.1%PE46.8x
AHL Adrad HoldingsAU$0.823.1%
+AU$2.0m
-11.3%PE9.8x
SIX SprintexAU$0.052.0%
+AU$494.5k
42.9%PS14.3x
ABV Advanced Braking TechnologyAU$0.0551.9%
+AU$381.3k
66.7%PE14.1x
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