German (DAX) Auto Components Industry Analysis

UpdatedNov 27, 2021

DataAggregated Company Financials

Companies13

7D-7.3%
3M-11.2%
1Y-6.4%
YTD-9.7%

Over the last 7 days, the Auto Components industry has dropped 3.9%, driven by a decline by Continental of 3.3%. As for the longer term, the industry's performance has been flat for the past year.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE
Sat, 27 Nov 2021	€37.6b	€80.7b	€2.1b	18.1x
Mon, 25 Oct 2021	€36.4b	€81.5b	€833.5m	23x
Wed, 22 Sep 2021	€35.1b	€72.3b	€784.2m	22.2x
Fri, 20 Aug 2021	€38.0b	€72.7b	€785.1m	22.7x
Fri, 04 Jun 2021	€39.6b	€67.7b	-€859,791,894.37	55.5x
Mon, 08 Mar 2021	€37.4b	€66.2b	-€2,248,874,394.37	55x
Thu, 10 Dec 2020	€35.4b	€64.0b	-€2,805,627,894.37	355.4x
Wed, 02 Sep 2020	€28.8b	€65.3b	-€3,786,717,394.37	41x
Sat, 06 Jun 2020	€28.4b	€73.8b	-€2,078,068,174.37	30.5x
Tue, 10 Mar 2020	€32.4b	€78.0b	-€847,755,954.37	13.8x
Mon, 02 Dec 2019	€38.8b	€78.3b	€582.9m	13.3x
Thu, 05 Sep 2019	€33.1b	€77.9b	€3.6b	13.4x
Sun, 09 Jun 2019	€36.5b	€78.3b	€4.2b	14.2x
Sat, 02 Mar 2019	€42.3b	€78.2b	€4.7b	11.6x
Tue, 04 Dec 2018	€39.6b	€78.2b	€4.9b	9x

PE Ratio

Tue, 04 Dec 2018

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 19.2x which is lower than its 3-year average PE of 48.3x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Auto Components industry have declined 24% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, 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 German Auto Components industry?


Auto Parts and Equipment	-7.31%

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 48.3x. However analysts are expecting annual earnings growth of 25%, which is lower than the prior year's growth of 803% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 25% over the next 5 years.