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Canadian (TSX) Auto Parts and Equipment Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies5
  • 7D-4.2%
  • 3M2.4%
  • 1Y-21.2%
  • YTDn/a

Over the last 7 days, the Auto Parts and Equipment industry has dropped 4.2%, driven by a pullback from Magna International of 3.8%. However, the industry is down 21% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024CA$21.5bCA$77.8bCA$2.3b9.8x9.4x0.3x
Tue, 19 Nov 2024CA$22.4bCA$76.6bCA$2.2b10.4x10x0.3x
Thu, 17 Oct 2024CA$21.4bCA$75.6bCA$2.1b10.4x10x0.3x
Sat, 14 Sep 2024CA$20.2bCA$74.9bCA$2.1b10.2x9.6x0.3x
Mon, 12 Aug 2024CA$20.2bCA$75.5bCA$2.1b9.3x9.5x0.3x
Wed, 10 Jul 2024CA$21.9bCA$74.9bCA$2.1b10.2x10.3x0.3x
Fri, 07 Jun 2024CA$23.1bCA$75.1bCA$2.1b10.3x10.8x0.3x
Sun, 05 May 2024CA$23.5bCA$74.7bCA$2.1b9.6x11.4x0.3x
Tue, 02 Apr 2024CA$26.9bCA$73.8bCA$2.3b10.5x11.5x0.4x
Thu, 29 Feb 2024CA$26.8bCA$73.4bCA$2.4b10.8x11.3x0.4x
Sat, 27 Jan 2024CA$27.5bCA$73.6bCA$2.0b10.9x13.4x0.4x
Mon, 25 Dec 2023CA$28.6bCA$72.9bCA$2.0b11.6x14.1x0.4x
Wed, 22 Nov 2023CA$27.7bCA$74.8bCA$2.1b12.4x13.4x0.4x
Fri, 20 Oct 2023CA$25.7bCA$72.3bCA$1.9b12.7x13.6x0.4x
Sun, 17 Sep 2023CA$28.4bCA$71.5bCA$1.9b12.6x15.1x0.4x
Tue, 15 Aug 2023CA$28.5bCA$71.1bCA$1.9b14.1x15.4x0.4x
Thu, 13 Jul 2023CA$29.0bCA$66.9bCA$1.1b14.1x25.9x0.4x
Sat, 10 Jun 2023CA$26.4bCA$67.6bCA$1.1b13.9x23.5x0.4x
Mon, 08 May 2023CA$26.6bCA$67.1bCA$1.1b13.5x24.2x0.4x
Wed, 05 Apr 2023CA$26.1bCA$65.8bCA$1.3b13.1x20.3x0.4x
Fri, 03 Mar 2023CA$28.6bCA$65.6bCA$1.2b14.5x23.9x0.4x
Sun, 29 Jan 2023CA$30.4bCA$63.7bCA$1.7b13.4x18.1x0.5x
Tue, 27 Dec 2022CA$27.0bCA$64.7bCA$1.7b12.8x15.8x0.4x
Thu, 24 Nov 2022CA$29.4bCA$63.9bCA$1.7b12.8x17.4x0.5x
Sat, 22 Oct 2022CA$25.4bCA$62.3bCA$1.3b13.3x20.3x0.4x
Mon, 19 Sep 2022CA$26.8bCA$60.7bCA$1.2b15.5x21.9x0.4x
Wed, 17 Aug 2022CA$30.3bCA$59.1bCA$1.2b16.8x25.2x0.5x
Fri, 15 Jul 2022CA$26.1bCA$59.0bCA$2.0b12.5x13.2x0.4x
Sun, 12 Jun 2022CA$28.3bCA$57.8bCA$1.9b14x14.6x0.5x
Tue, 10 May 2022CA$27.5bCA$58.4bCA$2.0b13.4x13.7x0.5x
Thu, 07 Apr 2022CA$27.9bCA$57.1bCA$2.3b12x12.2x0.5x
Sat, 05 Mar 2022CA$29.3bCA$58.3bCA$2.4b9.9x12x0.5x
Mon, 31 Jan 2022CA$35.9bCA$60.2bCA$2.8b9.9x12.7x0.6x
Wed, 29 Dec 2021CA$37.3bCA$60.4bCA$2.8b10.1x13.1x0.6x
Price to Earnings Ratio

13.1x


Total Market Cap: CA$37.3bTotal Earnings: CA$2.8bTotal Revenue: CA$60.4bTotal 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 9.4x 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 0.41x.
Past Earnings Growth
  • The earnings for companies in the Auto Parts and Equipment industry have declined 7.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.8% 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 Market-2.58%
Consumer Discretionary-1.66%
Auto Components-4.20%
Auto Parts and Equipment-4.20%
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
ABCT ABC Technologies HoldingsCA$6.730.6%
+CA$4.6m		43.8%PS0.4x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

MG

CA$60.69

Magna International

7D

-3.8%

1Y

-22.5%

Magna International Inc. (TSE:MG) Doing What It Can To Lift Shares

Dec 21
Magna International Inc. (TSE:MG) Doing What It Can To Lift Shares

LNR

CA$57.33

Linamar

7D

-5.7%

1Y

-11.4%

MRE

CA$9.05

Martinrea International

7D

-6.9%

1Y

-35.8%

Market Still Lacking Some Conviction On Martinrea International Inc. (TSE:MRE)

Dec 17
Market Still Lacking Some Conviction On Martinrea International Inc. (TSE:MRE)

XTC

CA$7.50

Exco Technologies

7D

-3.8%

1Y

-4.7%

Exco Technologies (TSE:XTC) Is Paying Out A Dividend Of CA$0.105

Dec 03
Exco Technologies (TSE:XTC) Is Paying Out A Dividend Of CA$0.105

SSA

CA$0.18

Spectra Products

7D

-5.1%

1Y

-26.0%

ABCT

CA$6.73

ABC Technologies Holdings

7D

0.6%

1Y

43.8%