At €71.44, Is Continental Aktiengesellschaft (ETR:CON) Worth Looking At Closely?
Dec 03
German (DAX) Auto Components Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies13
- 7D1.4%
- 3M8.4%
- 1Y12.0%
- YTD11.7%
The Auto Components industry is up 1.4% in the last week, with Continental up 1.7%. In the last 12 months, the industry was up 12%. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the German Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | €33.1b | €83.2b | €2.4b | 9.2x | 14x | 0.4x |
| Thu, 02 Nov 2023 | €29.8b | €83.5b | €1.9b | 9.7x | 15.9x | 0.4x |
| Sat, 30 Sep 2023 | €30.2b | €83.5b | €1.9b | 9.2x | 16x | 0.4x |
| Mon, 28 Aug 2023 | €29.9b | €83.5b | €1.9b | 8.9x | 15.9x | 0.4x |
| Wed, 26 Jul 2023 | €32.7b | €81.7b | €1.3b | 9x | 24.4x | 0.4x |
| Fri, 23 Jun 2023 | €31.0b | €81.7b | €1.3b | 7.8x | 23.1x | 0.4x |
| Sun, 21 May 2023 | €31.4b | €86.5b | €1.3b | 9.8x | 24.3x | 0.4x |
| Tue, 18 Apr 2023 | €33.3b | €85.0b | €1.1b | 9.4x | 29x | 0.4x |
| Thu, 16 Mar 2023 | €31.5b | €83.9b | €793.0m | 10.8x | 39.7x | 0.4x |
| Sat, 11 Feb 2023 | €32.5b | €81.9b | €656.9m | 10.5x | 49.4x | 0.4x |
| Mon, 09 Jan 2023 | €31.4b | €81.4b | €619.0m | 9x | 50.7x | 0.4x |
| Wed, 07 Dec 2022 | €29.5b | €81.0b | €541.3m | 8.3x | 54.4x | 0.4x |
| Fri, 04 Nov 2022 | €27.6b | €77.4b | €1.0b | 7.8x | 26.8x | 0.4x |
| Sun, 02 Oct 2022 | €24.4b | €77.0b | €1.0b | 6.2x | 23.8x | 0.3x |
| Tue, 30 Aug 2022 | €27.6b | €77.0b | €1.0b | 8.7x | 26.9x | 0.4x |
| Thu, 28 Jul 2022 | €29.6b | €75.4b | €2.0b | 12.2x | 14.6x | 0.4x |
| Sat, 25 Jun 2022 | €28.8b | €75.9b | €2.0b | 12.5x | 14.1x | 0.4x |
| Mon, 23 May 2022 | €28.9b | €75.5b | €2.0b | 13.1x | 14.3x | 0.4x |
| Wed, 20 Apr 2022 | €28.3b | €74.6b | €2.3b | 10.8x | 12.2x | 0.4x |
| Fri, 18 Mar 2022 | €27.9b | €74.9b | €2.4b | 13x | 11.6x | 0.4x |
| Sun, 13 Feb 2022 | €34.2b | €80.6b | €2.0b | 18x | 17.1x | 0.4x |
| Tue, 11 Jan 2022 | €36.5b | €80.7b | €2.1b | 18.8x | 17.3x | 0.5x |
| Thu, 09 Dec 2021 | €36.1b | €80.7b | €2.1b | 18.3x | 17.1x | 0.4x |
| Sat, 06 Nov 2021 | €37.1b | €81.5b | €839.9m | 21.5x | 44.1x | 0.5x |
| Mon, 04 Oct 2021 | €35.0b | €72.5b | €936.8m | 23.7x | 37.4x | 0.5x |
| Wed, 01 Sep 2021 | €37.7b | €72.7b | €785.1m | 22.7x | 48.1x | 0.5x |
| Thu, 08 Jul 2021 | €40.3b | €72.7b | €785.1m | 24.7x | 51.3x | 0.6x |
| Wed, 31 Mar 2021 | €36.2b | €66.9b | -€1,626,643,894.37 | 69.8x | -22.3x | 0.5x |
| Sat, 02 Jan 2021 | €38.0b | €66.1b | -€2,367,281,394.37 | 53.8x | -16x | 0.6x |
Price to Earnings Ratio
-16x
Current Industry PE
- Investors are pessimistic on the German 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 14.0x which is lower than its 3-year average PE of 19.2x.
- The industry is trading close to its 3-year average PS ratio of 0.43x.
Past Earnings Growth
- Total earnings for the Auto Components industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 8.0% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | 1.80% | |
| Consumer Discretionary | 1.55% | |
| Auto Components | 1.45% | |
| Auto Parts and Equipment | 1.45% | |
| Tires and Rubber | 0% | |
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 19.2x.
- Analysts expect its future annual earnings growth (16.5%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 19.2x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 17% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CON Continental | €71.72 | 2.4% +€340.0m | 28.5% | PE12.2x | |
| HLE HELLA GmbH KGaA | €80.90 | 1.9% +€166.7m | 0.8% | PE15x | |
| NVM Novem Group | €6.68 | 14.4% +€36.1m | -19.5% | PE5.4x | |
| SFQ SAF-Holland | €14.75 | 4.3% +€27.7m | 59.7% | PE8.8x | |
| PWO PWO | €30.20 | 0.7% +€625.0k | -4.1% | PE7x |