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Canadian (TSX) Auto Parts and Equipment Industry Analysis

UpdatedMay 23, 2026
DataAggregated Company Financials
Companies5
  • 7D6.4%
  • 3M1.3%
  • 1Y76.7%
  • YTDn/a

Over the last 7 days, the Auto Parts and Equipment industry has risen 6.4%, driven by gains from Magna International of 7.4%. Meanwhile, Spectra Products actually underperformed within the industry, shrinking 16% in the last week. This takes the industry's 12 month performance to a gain of 77%. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the Canadian Auto Parts and Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 May 2026CA$30.4bCA$74.5bCA$1.7b11.6x17.9x0.4x
Mon, 20 Apr 2026CA$28.8bCA$73.2bCA$1.9b11.2x15.6x0.4x
Wed, 18 Mar 2026CA$27.9bCA$73.2bCA$1.9b11.4x15x0.4x
Fri, 13 Feb 2026CA$28.5bCA$72.4bCA$1.6b19x17.5x0.4x
Sun, 11 Jan 2026CA$28.2bCA$73.6bCA$1.7b18.4x17x0.4x
Tue, 09 Dec 2025CA$24.7bCA$73.4bCA$1.7b16.3x14.9x0.3x
Thu, 06 Nov 2025CA$24.9bCA$74.6bCA$1.6b17.5x15.3x0.3x
Sat, 04 Oct 2025CA$24.7bCA$73.7bCA$1.9b16.5x13.3x0.3x
Mon, 01 Sep 2025CA$23.3bCA$72.8bCA$1.8b16.1x12.7x0.3x
Wed, 30 Jul 2025CA$21.4bCA$73.7bCA$1.8b12.9x11.9x0.3x
Fri, 27 Jun 2025CA$19.2bCA$73.1bCA$1.8b12.4x10.8x0.3x
Sun, 25 May 2025CA$18.2bCA$73.4bCA$1.8b11.8x10.1x0.2x
Tue, 22 Apr 2025CA$16.2bCA$75.5bCA$1.6b10x9.8x0.2x
Thu, 20 Mar 2025CA$19.1bCA$77.6bCA$1.7b11.1x11.2x0.2x
Sat, 15 Feb 2025CA$20.3bCA$77.2bCA$2.2b9x9.4x0.3x
Mon, 13 Jan 2025CA$20.6bCA$78.0bCA$2.3b9.5x9.1x0.3x
Wed, 11 Dec 2024CA$23.6bCA$76.9bCA$2.3b10.4x10.5x0.3x
Fri, 08 Nov 2024CA$21.6bCA$75.5bCA$2.3b10.5x9.5x0.3x
Sun, 06 Oct 2024CA$21.2bCA$74.9bCA$2.1b9.7x10x0.3x
Tue, 03 Sep 2024CA$21.4bCA$74.5bCA$2.1b10.2x10.1x0.3x
Thu, 01 Aug 2024CA$23.0bCA$75.7bCA$2.1b10.5x10.7x0.3x
Sat, 29 Jun 2024CA$21.6bCA$75.1bCA$2.1b10.6x10.1x0.3x
Mon, 27 May 2024CA$23.3bCA$75.1bCA$2.1b10.6x10.9x0.3x
Wed, 24 Apr 2024CA$24.8bCA$74.2bCA$2.3b10x10.6x0.3x
Fri, 22 Mar 2024CA$26.9bCA$73.6bCA$2.3b10.5x11.6x0.4x
Sun, 18 Feb 2024CA$26.7bCA$73.0bCA$2.4b10.3x11.4x0.4x
Tue, 16 Jan 2024CA$27.0bCA$73.6bCA$2.0b11.7x13.2x0.4x
Thu, 14 Dec 2023CA$27.0bCA$73.9bCA$2.1b11.6x13.2x0.4x
Sat, 11 Nov 2023CA$26.2bCA$75.1bCA$2.1b12.4x12.6x0.3x
Mon, 09 Oct 2023CA$27.3bCA$72.0bCA$1.9b12.6x14.4x0.4x
Wed, 06 Sep 2023CA$29.4bCA$71.8bCA$1.9b13.6x15.8x0.4x
Fri, 04 Aug 2023CA$31.1bCA$67.6bCA$1.1b14.4x27.6x0.5x
Sun, 02 Jul 2023CA$27.7bCA$67.2bCA$1.1b14.2x24.7x0.4x
Tue, 30 May 2023CA$26.0bCA$68.5bCA$1.1b14.1x22.9x0.4x
Price to Earnings Ratio

22.9x


Total Market Cap: CA$26.0bTotal Earnings: CA$1.1bTotal Revenue: CA$68.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Auto Parts and Equipment Industry Price to Earnings3Y Average 13.3x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Auto Parts and Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 17.9x which is higher than its 3-year average PE of 13.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.33x.
Past Earnings Growth
  • The earnings for companies in the Auto Parts and Equipment industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 2.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Auto Parts and Equipment compare with similar industries?

CA Market1.53%
Consumer Discretionary2.65%
Auto Components6.45%
Auto Parts and Equipment6.45%
Tires and Rubber0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MG Magna InternationalCA$89.197.4%
+CA$1.7b		83.2%PE26.2x
LNR LinamarCA$98.973.2%
+CA$180.0m		63.1%PE9.3x
MRE Martinrea InternationalCA$10.884.9%
+CA$36.2m		35.8%PE6.6x

Latest News

MG
CA$89.19
Magna International
7D
7.4%
1Y
83.2%
SSA
CA$0.18
Spectra Products
7D
-16.3%
1Y
-10.0%
LNR
CA$98.97
Linamar
7D
3.2%
1Y
63.1%
MRE
CA$10.88
Martinrea International
7D
4.9%
1Y
35.8%
Narrative Update • May 08

MRE: Medium Term Execution And Buybacks Will Support Future Share Repricing

Narrative Update The revised analyst price target for Martinrea International now stands at CA$15.20, reflecting a modest upward adjustment supported by slightly higher modeled revenue growth and profit margins, a somewhat lower discount rate, and a modestly lower assumed future P/E, even as recent Street targets have moved in different directions between CA$12.50 and CA$15.00. Analyst Commentary Recent Street research on Martinrea International shows a mix of cautious and constructive views on upside potential for the stock price.