The Market Doesn't Like What It Sees From Akwel SA's (EPA:AKW) Earnings Yet
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French (CAC) Auto Components Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies8
- 7D-2.2%
- 3M-13.2%
- 1Y-10.5%
- YTD-18.6%
Over the last 7 days, the Auto Components industry has dropped 2.3%, driven by a pullback from Compagnie Générale des Établissements Michelin Société en commandite par actions of 1.6%. Meanwhile, Akwel actually outperformed within the industry, gaining 6.3% in the last week. The industry has fallen 8.3% in the last year. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the French Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | €27.3b | €99.2b | €2.7b | 6.9x | 10.2x | 0.3x |
| Sat, 19 Oct 2024 | €30.3b | €99.2b | €2.7b | 7.6x | 11.3x | 0.3x |
| Mon, 16 Sep 2024 | €31.7b | €99.3b | €2.7b | 7.5x | 11.8x | 0.3x |
| Wed, 14 Aug 2024 | €30.4b | €99.3b | €2.7b | 8.1x | 11.3x | 0.3x |
| Fri, 12 Jul 2024 | €31.8b | €99.8b | €2.7b | 9.6x | 11.6x | 0.3x |
| Sun, 09 Jun 2024 | €35.0b | €99.8b | €2.7b | 11.9x | 12.8x | 0.4x |
| Tue, 07 May 2024 | €35.3b | €99.8b | €2.7b | 13.2x | 12.8x | 0.4x |
| Thu, 04 Apr 2024 | €34.2b | €99.8b | €2.7b | 12.8x | 12.5x | 0.3x |
| Sat, 02 Mar 2024 | €32.3b | €99.4b | €2.8b | 11.5x | 11.7x | 0.3x |
| Mon, 29 Jan 2024 | €31.2b | €100.4b | €3.0b | 9.4x | 10.4x | 0.3x |
| Wed, 27 Dec 2023 | €33.5b | €100.4b | €3.0b | 10.2x | 11.1x | 0.3x |
| Fri, 24 Nov 2023 | €30.6b | €100.4b | €3.0b | 9.4x | 10.2x | 0.3x |
| Sun, 22 Oct 2023 | €29.4b | €100.4b | €3.0b | 9.9x | 9.7x | 0.3x |
| Tue, 19 Sep 2023 | €33.2b | €100.3b | €3.0b | 10.9x | 11.1x | 0.3x |
| Thu, 17 Aug 2023 | €32.6b | €100.3b | €3.0b | 12.8x | 10.9x | 0.3x |
| Sat, 15 Jul 2023 | €33.1b | €92.6b | €2.2b | 15.7x | 15.3x | 0.4x |
| Mon, 12 Jun 2023 | €32.7b | €92.6b | €2.2b | 15.4x | 15.1x | 0.4x |
| Wed, 10 May 2023 | €32.1b | €92.6b | €2.2b | 14.9x | 14.9x | 0.3x |
| Fri, 07 Apr 2023 | €31.9b | €91.3b | €2.1b | 16.4x | 15.1x | 0.3x |
| Sun, 05 Mar 2023 | €34.7b | €91.3b | €2.1b | 17.8x | 16.4x | 0.4x |
| Tue, 31 Jan 2023 | €32.4b | €79.1b | €1.4b | 22.3x | 22.9x | 0.4x |
| Thu, 29 Dec 2022 | €29.2b | €79.1b | €1.4b | 19.5x | 20.6x | 0.4x |
| Sat, 26 Nov 2022 | €29.9b | €79.1b | €1.4b | 21.2x | 21.1x | 0.4x |
| Mon, 24 Oct 2022 | €26.8b | €79.1b | €1.4b | 19.2x | 18.9x | 0.3x |
| Wed, 21 Sep 2022 | €28.3b | €79.1b | €1.5b | 11.2x | 19.3x | 0.4x |
| Fri, 19 Aug 2022 | €31.3b | €79.1b | €1.5b | 12x | 21.4x | 0.4x |
| Sun, 17 Jul 2022 | €31.0b | €72.4b | €2.3b | 10.5x | 13.4x | 0.4x |
| Tue, 14 Jun 2022 | €31.5b | €72.4b | €2.3b | 10.9x | 13.6x | 0.4x |
| Thu, 12 May 2022 | €32.2b | €72.4b | €2.3b | 11.4x | 13.9x | 0.4x |
| Sat, 09 Apr 2022 | €32.0b | €73.2b | €2.5b | 11.3x | 12.6x | 0.4x |
| Mon, 07 Mar 2022 | €30.7b | €73.2b | €2.5b | 10.6x | 12.1x | 0.4x |
| Wed, 02 Feb 2022 | €43.3b | €74.2b | €2.9b | 10.4x | 15x | 0.6x |
| Fri, 31 Dec 2021 | €42.9b | €74.2b | €2.9b | 11.2x | 14.8x | 0.6x |
| Sun, 28 Nov 2021 | €39.6b | €74.2b | €2.9b | 10.9x | 13.7x | 0.5x |
Price to Earnings Ratio
13.7x
Current Industry PE
- Investors are pessimistic on the French 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 10.3x which is lower than its 3-year average PE of 14.3x.
- The industry is trading close to its 3-year average PS ratio of 0.38x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have declined 2.4% per year over the last three years.
- Meanwhile revenues for these companies have grown 10% 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 French Consumer Discretionary industry?
| FR Market | -0.34% | |
| Consumer Discretionary | -0.32% | |
| Auto Components | -2.20% | |
| Tires and Rubber | -0.42% | |
| Auto Parts and Equipment | -8.70% | |
Industry PE
- Investors are most optimistic about the Tires and Rubber industry, which is trading close to its 3-year average PE ratio of 11.3x.
- Analysts are expecting annual earnings growth of 11.5%, which is higher than its past year's earnings decline of 19.2% per year.
- Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 12.5x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Tires and Rubber industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| AKW Akwel | €8.53 | 0.8% +€1.8m | -42.1% | PE6.7x | |
| ALDEL Delfingen Industry | €13.70 | 1.1% +€392.2k | -74.0% | PS0.08x |