Shareholders Are Optimistic That ARB (ASX:ARB) Will Multiply In Value
May 08
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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 14 Jun 2024 | AU$6.2b | AU$2.4b | AU$251.2m | 13.8x | 24.6x | 2.6x |
| Sun, 12 May 2024 | AU$6.1b | AU$2.4b | AU$251.2m | 12.9x | 24.1x | 2.6x |
| Tue, 09 Apr 2024 | AU$6.4b | AU$2.4b | AU$251.2m | 14.6x | 25.4x | 2.7x |
| Thu, 07 Mar 2024 | AU$6.5b | AU$2.4b | AU$251.2m | 14.8x | 26x | 2.8x |
| Sat, 03 Feb 2024 | AU$6.0b | AU$2.3b | AU$151.9m | 17.4x | 39.7x | 2.6x |
| Mon, 01 Jan 2024 | AU$6.0b | AU$2.3b | AU$151.9m | 17.1x | 39.6x | 2.6x |
| Wed, 29 Nov 2023 | AU$5.4b | AU$2.3b | AU$151.9m | 15.2x | 35.5x | 2.3x |
| Fri, 27 Oct 2023 | AU$5.4b | AU$2.3b | AU$151.9m | 15.4x | 35.5x | 2.3x |
| Sun, 24 Sep 2023 | AU$5.9b | AU$2.3b | AU$151.9m | 17.1x | 38.5x | 2.5x |
| Tue, 22 Aug 2023 | AU$5.7b | AU$2.3b | AU$194.1m | 17.8x | 29.5x | 2.5x |
| Thu, 20 Jul 2023 | AU$5.1b | AU$2.3b | AU$148.6m | 23.1x | 34.5x | 2.2x |
| Sat, 17 Jun 2023 | AU$4.9b | AU$2.3b | AU$148.6m | 19.7x | 32.7x | 2.1x |
| Mon, 15 May 2023 | AU$5.3b | AU$2.3b | AU$148.6m | 21.3x | 35.6x | 2.3x |
| Wed, 12 Apr 2023 | AU$5.4b | AU$2.3b | AU$148.6m | 21.1x | 36.5x | 2.4x |
| Fri, 10 Mar 2023 | AU$5.6b | AU$2.3b | AU$148.6m | 24.3x | 37.5x | 2.4x |
| Sun, 05 Feb 2023 | AU$5.6b | AU$2.1b | AU$161.5m | 21.3x | 34.5x | 2.7x |
| Tue, 03 Jan 2023 | AU$4.7b | AU$2.1b | AU$161.5m | 19.4x | 29x | 2.3x |
| Thu, 01 Dec 2022 | AU$5.1b | AU$2.1b | AU$161.5m | 20.8x | 31.5x | 2.5x |
| Sat, 29 Oct 2022 | AU$4.7b | AU$2.1b | AU$161.5m | 18.5x | 29.2x | 2.3x |
| Mon, 26 Sep 2022 | AU$4.6b | AU$1.9b | AU$157.5m | 18.3x | 29.4x | 2.4x |
| Wed, 24 Aug 2022 | AU$5.2b | AU$1.9b | AU$165.0m | 20.6x | 31.3x | 2.7x |
| Fri, 22 Jul 2022 | AU$5.1b | AU$1.7b | AU$188.4m | 21.3x | 27.3x | 3x |
| Sun, 19 Jun 2022 | AU$4.2b | AU$1.7b | AU$188.4m | 15.6x | 22.3x | 2.5x |
| Tue, 17 May 2022 | AU$5.5b | AU$1.7b | AU$188.4m | 20.3x | 29.4x | 3.2x |
| Thu, 14 Apr 2022 | AU$6.2b | AU$1.7b | AU$188.4m | 22.2x | 33.1x | 3.7x |
| Sat, 12 Mar 2022 | AU$5.9b | AU$1.7b | AU$188.4m | 23.7x | 31.5x | 3.5x |
| Mon, 07 Feb 2022 | AU$6.8b | AU$1.6b | AU$201.9m | 25.3x | 33.9x | 4.4x |
| Wed, 05 Jan 2022 | AU$7.6b | AU$1.6b | AU$201.9m | 23.1x | 37.5x | 4.9x |
| Fri, 03 Dec 2021 | AU$6.8b | AU$1.6b | AU$201.9m | 18.8x | 33.5x | 4.4x |
| Sun, 31 Oct 2021 | AU$6.7b | AU$1.6b | AU$201.9m | 20.5x | 33.1x | 4.3x |
| Tue, 28 Sep 2021 | AU$6.5b | AU$1.6b | AU$202.4m | 19.5x | 32.2x | 4.2x |
| Thu, 26 Aug 2021 | AU$6.7b | AU$1.5b | AU$196.3m | 19.8x | 34.2x | 4.4x |
| Fri, 02 Jul 2021 | AU$6.0b | AU$1.5b | AU$196.3m | 20x | 30.4x | 3.9x |
Price to Earnings Ratio
30.4x
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 Discretionary | 1.30% | |
| Auto Components | 1.37% | |
| Auto Parts and Equipment | 1.37% | |
| 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 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SFC Schaffer | AU$20.51 | 4.1% +AU$11.0m | 19.7% | PE16.1x | |
| PWH PWR Holdings | AU$11.06 | 0.6% +AU$7.0m | 25.1% | PE46.8x | |
| AHL Adrad Holdings | AU$0.82 | 3.1% +AU$2.0m | -11.3% | PE9.8x | |
| SIX Sprintex | AU$0.05 | 2.0% +AU$494.5k | 42.9% | PS14.3x | |
| ABV Advanced Braking Technology | AU$0.055 | 1.9% +AU$381.3k | 66.7% | PE14.1x |