Results: Bayerische Motoren Werke Aktiengesellschaft Exceeded Expectations And The Consensus Has Updated Its Estimates
May 10
German (DAX) Auto Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies10
- 7D-0.8%
- 3M-8.8%
- 1Y-14.7%
- YTD0.1%
Over the last 7 days, the Auto industry has dropped 1.3%, driven by declines in Mercedes-Benz Group and Bayerische Motoren Werke of 0.6% and 1.1%, respectively. However, the industry is down 8.5% over the past year. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the German Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | €278.9b | €669.4b | €48.7b | 5.3x | 5.7x | 0.4x |
| Fri, 26 Apr 2024 | €304.6b | €673.1b | €51.9b | 5.6x | 5.9x | 0.5x |
| Sun, 24 Mar 2024 | €306.6b | €673.1b | €51.9b | 5.5x | 5.9x | 0.5x |
| Tue, 20 Feb 2024 | €285.4b | €660.0b | €49.2b | 5.2x | 5.8x | 0.4x |
| Thu, 18 Jan 2024 | €259.5b | €660.0b | €49.2b | 4.7x | 5.3x | 0.4x |
| Sat, 16 Dec 2023 | €282.3b | €660.0b | €49.2b | 5.2x | 5.7x | 0.4x |
| Mon, 13 Nov 2023 | €265.8b | €660.0b | €48.6b | 4.8x | 5.5x | 0.4x |
| Wed, 11 Oct 2023 | €287.4b | €650.1b | €47.0b | 5.6x | 6.1x | 0.4x |
| Fri, 08 Sep 2023 | €297.0b | €650.1b | €47.0b | 5.4x | 6.3x | 0.5x |
| Sun, 06 Aug 2023 | €328.4b | €650.0b | €48.6b | 5.9x | 6.8x | 0.5x |
| Tue, 04 Jul 2023 | €341.9b | €634.7b | €48.0b | 6.4x | 7.1x | 0.5x |
| Thu, 01 Jun 2023 | €327.4b | €634.7b | €48.0b | 5.8x | 6.8x | 0.5x |
| Sat, 29 Apr 2023 | €330.2b | €610.6b | €57.0b | 5.2x | 5.8x | 0.5x |
| Mon, 27 Mar 2023 | €324.3b | €609.6b | €57.0b | 5.1x | 5.7x | 0.5x |
| Wed, 22 Feb 2023 | €339.5b | €580.1b | €57.4b | 6.2x | 5.9x | 0.6x |
| Fri, 20 Jan 2023 | €311.7b | €580.1b | €57.4b | 5.4x | 5.4x | 0.5x |
| Sun, 18 Dec 2022 | €299.5b | €577.9b | €56.8b | 5.1x | 5.3x | 0.5x |
| Tue, 15 Nov 2022 | €321.0b | €577.9b | €56.8b | 5.4x | 5.7x | 0.6x |
| Thu, 13 Oct 2022 | €273.3b | €548.3b | €55.3b | 5.2x | 4.9x | 0.5x |
| Sat, 10 Sep 2022 | €214.1b | €513.8b | €50.9b | 4.9x | 4.2x | 0.4x |
| Mon, 08 Aug 2022 | €222.4b | €513.7b | €51.3b | 5x | 4.3x | 0.4x |
| Wed, 06 Jul 2022 | €193.9b | €503.0b | €54.2b | 4.2x | 3.6x | 0.4x |
| Fri, 03 Jun 2022 | €246.6b | €503.0b | €54.2b | 5.5x | 4.5x | 0.5x |
| Sun, 01 May 2022 | €240.5b | €496.3b | €42.5b | 5.3x | 5.7x | 0.5x |
| Tue, 29 Mar 2022 | €242.6b | €496.4b | €43.4b | 5.1x | 5.6x | 0.5x |
| Thu, 24 Feb 2022 | €277.8b | €535.2b | €46.7b | 5.3x | 6x | 0.5x |
| Sat, 22 Jan 2022 | €281.0b | €535.2b | €46.7b | 5.3x | 6x | 0.5x |
| Mon, 20 Dec 2021 | €270.8b | €535.2b | €46.7b | 5x | 5.8x | 0.5x |
| Wed, 17 Nov 2021 | €303.7b | €535.2b | €46.7b | 5.3x | 6.5x | 0.6x |
| Fri, 15 Oct 2021 | €294.5b | €540.0b | €47.5b | 5.6x | 6.2x | 0.5x |
| Sun, 12 Sep 2021 | €275.6b | €540.0b | €47.5b | 5.5x | 5.8x | 0.5x |
| Tue, 10 Aug 2021 | €291.3b | €540.0b | €47.5b | 5.9x | 6.1x | 0.5x |
Price to Earnings Ratio
10.5x
Current Industry PE
- Investors are relatively neutral on the German Auto industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 5.8x.
- The industry is trading close to its 3-year average PS ratio of 0.49x.
Past Earnings Growth
- The earnings for companies in the Auto industry have declined 5.6% per year over the last three years,
- Revenues have also declined 14% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | -0.19% | |
| Consumer Discretionary | -1.02% | |
| Auto | -0.82% | |
| Motorcycle Manufacturers | 0% | |
| Automobile Manufacturers | -0.82% | |
Industry PE
- Investors are most optimistic about the Automobile Manufacturers industry, which is trading close to its 3-year average PE ratio of 5.8x.
- Analysts are expecting annual earnings decline of 0.5%, which is less than its past year's earnings decline of 5.0%.
- Investors are most pessimistic about the Automobile Manufacturers industry, which is trading close to its 3-year average of 5.8x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Automobile Manufacturers industry since they expect its earnings to decline by only 0.5% per year over the next 5 years, which isn't as bad as the other industries.
- In contrast, the Automobile Manufacturers industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| KTA Knaus Tabbert | €45.45 | 1.8% +€8.3m | -5.8% | PE7.7x |