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Canadian (TSX) Auto Components Industry Analysis

UpdatedAug 25, 2024
DataAggregated Company Financials
Companies5
  • 7D2.8%
  • 3M-8.3%
  • 1Y-22.1%
  • YTD-23.0%

All of the companies in the Auto Components industry have been up over the last week, with the industry up 2.8%. In contrast, the industry has lost 22% in the last 12 months. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Aug 2024CA$21.6bCA$74.6bCA$2.1b9.9x10.2x0.3x
Wed, 24 Jul 2024CA$23.0bCA$75.6bCA$2.1b10.7x10.8x0.3x
Fri, 21 Jun 2024CA$21.8bCA$75.1bCA$2.1b10x10.2x0.3x
Sun, 19 May 2024CA$24.3bCA$74.8bCA$2.1b10.5x11.4x0.3x
Tue, 16 Apr 2024CA$25.0bCA$74.7bCA$2.4b10x10.6x0.3x
Thu, 14 Mar 2024CA$26.3bCA$73.4bCA$2.3b10.4x11.3x0.4x
Sat, 10 Feb 2024CA$26.5bCA$71.7bCA$2.1b10.6x12.5x0.4x
Mon, 08 Jan 2024CA$27.5bCA$73.3bCA$2.0b11.6x13.5x0.4x
Wed, 06 Dec 2023CA$27.4bCA$74.2bCA$2.1b11.4x13.3x0.4x
Fri, 03 Nov 2023CA$24.8bCA$72.4bCA$1.9b12.5x13.1x0.3x
Sun, 01 Oct 2023CA$26.9bCA$71.7bCA$1.9b12.8x14.3x0.4x
Tue, 29 Aug 2023CA$28.3bCA$71.7bCA$1.9b13.6x15.2x0.4x
Thu, 27 Jul 2023CA$30.6bCA$67.0bCA$1.1b15.5x27.3x0.5x
Sat, 24 Jun 2023CA$25.5bCA$66.9bCA$1.1b13.4x22.8x0.4x
Mon, 22 May 2023CA$26.4bCA$68.2bCA$1.1b14.2x23.3x0.4x
Wed, 19 Apr 2023CA$27.1bCA$65.6bCA$1.3b13.1x21.1x0.4x
Fri, 17 Mar 2023CA$26.0bCA$66.8bCA$1.3b13.1x20x0.4x
Sun, 12 Feb 2023CA$27.1bCA$63.8bCA$1.7b13.6x16.1x0.4x
Tue, 10 Jan 2023CA$29.0bCA$64.0bCA$1.7b13.5x17.2x0.5x
Thu, 08 Dec 2022CA$28.4bCA$64.9bCA$1.7b12.4x16.7x0.4x
Sat, 05 Nov 2022CA$27.3bCA$61.9bCA$1.3b13.2x21.1x0.4x
Mon, 03 Oct 2022CA$23.9bCA$62.4bCA$1.3b14.6x19.1x0.4x
Wed, 31 Aug 2022CA$28.0bCA$59.9bCA$1.2b16.6x23.1x0.5x
Fri, 29 Jul 2022CA$28.8bCA$58.1bCA$2.0b13.6x14.7x0.5x
Sun, 26 Jun 2022CA$27.2bCA$58.2bCA$2.0b13.4x13.9x0.5x
Tue, 24 May 2022CA$28.1bCA$57.7bCA$1.9b14.3x14.5x0.5x
Thu, 21 Apr 2022CA$29.0bCA$57.0bCA$2.3b11.8x12.7x0.5x
Sat, 19 Mar 2022CA$29.2bCA$57.6bCA$2.3b12x12.7x0.5x
Mon, 14 Feb 2022CA$34.7bCA$58.0bCA$2.4b11.2x14.3x0.6x
Wed, 12 Jan 2022CA$39.1bCA$59.6bCA$2.8b10.7x13.9x0.7x
Fri, 10 Dec 2021CA$36.8bCA$60.0bCA$2.8b9.7x13.1x0.6x
Sun, 07 Nov 2021CA$37.4bCA$59.1bCA$2.8b9.2x13.2x0.6x
Tue, 05 Oct 2021CA$35.3bCA$61.3bCA$3.4b9.1x10.3x0.6x
Thu, 02 Sep 2021CA$36.9bCA$60.5bCA$3.4b9.6x10.9x0.6x
Price to Earnings Ratio

10.9x


Total Market Cap: CA$36.9bTotal Earnings: CA$3.4bTotal Revenue: CA$60.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Auto Components Industry Price to Earnings3Y Average 15.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian 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 10.2x which is lower than its 3-year average PE of 15.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have declined 15% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.2% 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 Trends

Which industries have driven the changes within the Canadian Consumer Discretionary industry?

CA Market0.92%
Consumer Discretionary0.45%
Auto Components2.76%
Auto Parts and Equipment2.76%
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 15.4x.
    • Analysts are expecting annual earnings growth of 20.4%, which is higher than its past year's earnings growth of 5.9% per year.
  • Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 15.4x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 5.9% per year.
  • In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 20% 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
MG Magna InternationalCA$57.513.0%
+CA$488.5m
-25.2%PE12.4x
LNR LinamarCA$63.271.6%
+CA$59.7m
-8.6%PE6.5x
MRE Martinrea InternationalCA$11.113.3%
+CA$26.2m
-15.9%PE5.9x
XTC Exco TechnologiesCA$7.941.5%
+CA$4.6m
0.6%PE9.9x
ABCT ABC Technologies HoldingsCA$6.730.6%
+CA$4.6m
43.8%PS0.4x
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Latest News

XTC

CA$7.94

Exco Technologies

7D

1.5%

1Y

0.6%

SSA

CA$0.20

Spectra Products

7D

2.5%

1Y

-18.0%

LNR

CA$63.27

Linamar

7D

1.6%

1Y

-8.6%

MG

CA$57.51

Magna International

7D

3.0%

1Y

-25.2%

ABCT

CA$6.73

ABC Technologies Holdings

7D

0.6%

1Y

43.8%