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Canadian (TSX) Auto Parts and Equipment Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies5
  • 7D-2.9%
  • 3M3.6%
  • 1Y-16.3%
  • YTDn/a

Over the last 7 days, the Auto Parts and Equipment industry has dropped 2.9%, driven by a pullback from Magna International of 3.4%. Overall the industry is down 16% in 12 months. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024CA$22.4bCA$76.0bCA$2.2b10.5x10x0.3x
Sat, 19 Oct 2024CA$22.0bCA$75.9bCA$2.1b10.7x10.3x0.3x
Mon, 16 Sep 2024CA$20.6bCA$74.9bCA$2.1b10.2x9.7x0.3x
Wed, 14 Aug 2024CA$19.8bCA$75.4bCA$2.1b9.5x9.3x0.3x
Fri, 12 Jul 2024CA$22.2bCA$74.9bCA$2.1b10x10.5x0.3x
Sun, 09 Jun 2024CA$22.8bCA$75.5bCA$2.1b10.3x10.7x0.3x
Tue, 07 May 2024CA$23.4bCA$74.6bCA$2.1b9.7x11.3x0.3x
Thu, 04 Apr 2024CA$26.2bCA$73.6bCA$2.3b10.4x11.2x0.4x
Sat, 02 Mar 2024CA$26.9bCA$73.3bCA$2.3b10.6x11.6x0.4x
Mon, 29 Jan 2024CA$27.6bCA$73.6bCA$2.0b10.9x13.5x0.4x
Wed, 27 Dec 2023CA$28.6bCA$72.8bCA$2.0b11.6x14.1x0.4x
Fri, 24 Nov 2023CA$26.9bCA$74.7bCA$2.1b12.4x13x0.4x
Sun, 22 Oct 2023CA$25.9bCA$72.2bCA$1.9b13.7x13.7x0.4x
Tue, 19 Sep 2023CA$27.9bCA$71.3bCA$1.9b13.1x14.9x0.4x
Thu, 17 Aug 2023CA$28.0bCA$71.4bCA$1.9b13.9x15.1x0.4x
Sat, 15 Jul 2023CA$29.0bCA$67.1bCA$1.1b13.7x25.9x0.4x
Mon, 12 Jun 2023CA$26.4bCA$67.6bCA$1.1b13.9x23.5x0.4x
Wed, 10 May 2023CA$26.3bCA$67.1bCA$1.1b13.6x23.9x0.4x
Fri, 07 Apr 2023CA$25.5bCA$65.9bCA$1.3b13x19.8x0.4x
Sun, 05 Mar 2023CA$29.0bCA$65.8bCA$1.3b13.4x23.2x0.4x
Tue, 31 Jan 2023CA$30.4bCA$64.0bCA$1.7b13.4x18x0.5x
Thu, 29 Dec 2022CA$26.8bCA$64.8bCA$1.7b12.8x15.7x0.4x
Sat, 26 Nov 2022CA$29.5bCA$63.9bCA$1.7b12.8x17.5x0.5x
Mon, 24 Oct 2022CA$25.4bCA$62.3bCA$1.3b13.3x20.3x0.4x
Wed, 21 Sep 2022CA$26.7bCA$60.9bCA$1.2b15.2x21.8x0.4x
Fri, 19 Aug 2022CA$29.8bCA$59.3bCA$1.2b16.9x24.8x0.5x
Sun, 17 Jul 2022CA$26.5bCA$58.5bCA$2.0b12.8x13.4x0.5x
Tue, 14 Jun 2022CA$27.1bCA$58.0bCA$2.0b13.4x13.9x0.5x
Thu, 12 May 2022CA$26.2bCA$58.2bCA$2.0b13.1x13.1x0.4x
Sat, 09 Apr 2022CA$27.9bCA$57.4bCA$2.3b11.9x12.1x0.5x
Mon, 07 Mar 2022CA$29.2bCA$58.3bCA$2.4b12x12.3x0.5x
Wed, 02 Feb 2022CA$37.4bCA$59.9bCA$2.8b10.3x13.3x0.6x
Fri, 31 Dec 2021CA$37.4bCA$60.3bCA$2.8b10.2x13.2x0.6x
Sun, 28 Nov 2021CA$37.4bCA$60.3bCA$2.8b9.2x13.2x0.6x
Price to Earnings Ratio

13.2x


Total Market Cap: CA$37.4bTotal Earnings: CA$2.8bTotal Revenue: CA$60.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Auto Parts and Equipment Industry Price to Earnings3Y Average 15.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Auto Parts and Equipment 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 10.0x which is lower than its 3-year average PE of 15.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.42x.
Past Earnings Growth
  • The earnings for companies in the Auto Parts and Equipment industry have declined 7.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

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

CA Market0.41%
Consumer Discretionary0.44%
Auto Components-2.86%
Auto Parts and Equipment-2.86%
Tires and Rubber0%
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
LNR LinamarCA$60.170.5%
+CA$17.9m		4.5%PE6.2x
MRE Martinrea InternationalCA$9.872.3%
+CA$16.3m		-18.7%PE7.3x
ABCT ABC Technologies HoldingsCA$6.730.6%
+CA$4.6m		43.8%PS0.4x
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Latest News

MRE

CA$9.87

Martinrea International

7D

2.3%

1Y

-18.7%

LNR

CA$60.17

Linamar

7D

0.5%

1Y

4.5%

SSA

CA$0.21

Spectra Products

7D

-16.0%

1Y

-20.8%

XTC

CA$8.51

Exco Technologies

7D

-0.2%

1Y

19.2%

MG

CA$59.68

Magna International

7D

-3.5%

1Y

-19.8%

ABCT

CA$6.73

ABC Technologies Holdings

7D

0.6%

1Y

43.8%