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Has the German Auto Components Industry valuation changed over the past few years?
|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|
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.
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.
Vitesco Technologies Group
Superior Industries Europe
HELLA GmbH KGaA