Returns On Capital Are A Standout For Fiem Industries (NSE:FIEMIND)
Jun 12
Indian (NIFTY) Auto Components Industry Analysis
UpdatedJun 14, 2024
DataAggregated Company Financials
Companies126
- 7D4.8%
- 3M24.5%
- 1Y58.0%
- YTD24.3%
In the last week, the Auto Components industry is up 4.8%, with Samvardhana Motherson International up 11%. This means that the industry has gained 58% over the past year. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Indian Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 14 Jun 2024 | ₹10.5t | ₹4.7t | ₹268.9b | 30.2x | 39.2x | 2.3x |
| Sun, 12 May 2024 | ₹9.3t | ₹4.6t | ₹245.6b | 29.3x | 37.8x | 2x |
| Tue, 09 Apr 2024 | ₹9.1t | ₹4.5t | ₹242.8b | 30.9x | 37.3x | 2x |
| Thu, 07 Mar 2024 | ₹8.9t | ₹4.5t | ₹242.7b | 30.1x | 36.7x | 2x |
| Sat, 03 Feb 2024 | ₹8.9t | ₹4.4t | ₹224.6b | 30.3x | 39.7x | 2x |
| Mon, 01 Jan 2024 | ₹8.4t | ₹4.4t | ₹222.7b | 31x | 37.8x | 1.9x |
| Wed, 29 Nov 2023 | ₹7.9t | ₹4.4t | ₹222.7b | 29.5x | 35.4x | 1.8x |
| Fri, 27 Oct 2023 | ₹7.3t | ₹4.2t | ₹199.3b | 28.3x | 36.6x | 1.7x |
| Sun, 24 Sep 2023 | ₹7.6t | ₹4.2t | ₹197.4b | 27.9x | 38.4x | 1.8x |
| Tue, 22 Aug 2023 | ₹7.2t | ₹4.2t | ₹197.1b | 27.9x | 36.8x | 1.7x |
| Thu, 20 Jul 2023 | ₹7.2t | ₹4.1t | ₹176.1b | 26.7x | 40.7x | 1.7x |
| Sat, 17 Jun 2023 | ₹6.7t | ₹4.1t | ₹175.5b | 24.4x | 38.2x | 1.6x |
| Mon, 15 May 2023 | ₹6.3t | ₹4.0t | ₹168.1b | 22.9x | 37.3x | 1.6x |
| Wed, 12 Apr 2023 | ₹5.7t | ₹4.0t | ₹160.6b | 23x | 35.5x | 1.4x |
| Fri, 10 Mar 2023 | ₹5.8t | ₹4.0t | ₹160.1b | 20.8x | 36.5x | 1.5x |
| Sun, 05 Feb 2023 | ₹5.9t | ₹3.8t | ₹156.4b | 22.6x | 37.7x | 1.5x |
| Tue, 03 Jan 2023 | ₹5.9t | ₹3.8t | ₹154.9b | 24.7x | 38x | 1.6x |
| Thu, 01 Dec 2022 | ₹6.0t | ₹3.8t | ₹154.9b | 22.7x | 38.5x | 1.6x |
| Sat, 29 Oct 2022 | ₹5.6t | ₹3.6t | ₹150.5b | 23.8x | 37.4x | 1.6x |
| Mon, 26 Sep 2022 | ₹5.7t | ₹3.5t | ₹146.1b | 22.7x | 39x | 1.6x |
| Wed, 24 Aug 2022 | ₹5.6t | ₹3.5t | ₹146.1b | 21.6x | 38.4x | 1.6x |
| Fri, 22 Jul 2022 | ₹5.6t | ₹3.2t | ₹136.1b | 25.4x | 40.8x | 1.7x |
| Sun, 19 Jun 2022 | ₹4.7t | ₹3.3t | ₹135.4b | 21.3x | 34.7x | 1.4x |
| Tue, 17 May 2022 | ₹5.0t | ₹3.3t | ₹133.4b | 20.9x | 37.3x | 1.5x |
| Thu, 14 Apr 2022 | ₹5.4t | ₹3.3t | ₹137.5b | 23.4x | 39.2x | 1.6x |
| Sat, 12 Mar 2022 | ₹4.9t | ₹3.3t | ₹137.4b | 21.9x | 35.6x | 1.5x |
| Mon, 07 Feb 2022 | ₹5.6t | ₹3.3t | ₹146.3b | 21.8x | 38x | 1.7x |
| Wed, 05 Jan 2022 | ₹5.6t | ₹3.3t | ₹150.2b | 21x | 37.3x | 1.7x |
| Fri, 03 Dec 2021 | ₹5.3t | ₹3.3t | ₹150.2b | 19.7x | 35.5x | 1.6x |
| Sun, 31 Oct 2021 | ₹5.3t | ₹3.2t | ₹143.0b | 20.6x | 36.7x | 1.7x |
| Tue, 28 Sep 2021 | ₹5.2t | ₹3.1t | ₹141.5b | 21.6x | 36.9x | 1.7x |
| Thu, 26 Aug 2021 | ₹4.8t | ₹3.1t | ₹142.1b | 20.6x | 33.6x | 1.5x |
| Fri, 02 Jul 2021 | ₹4.8t | ₹3.1t | ₹142.1b | 18.5x | 33.7x | 1.5x |
Price to Earnings Ratio
33.7x
Current Industry PE
- Investors are relatively neutral on the Indian Auto Components 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 37.3x.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 24% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Consumer Discretionary industry?
| IN Market | 3.73% | |
| Consumer Discretionary | 3.94% | |
| Auto Components | 4.78% | |
| Auto Parts and Equipment | 5.42% | |
| Tires and Rubber | 1.71% | |
Industry PE
- Investors are most optimistic about the Auto Parts and Equipment industry, which is trading close to its 3-year average PE ratio of 40.6x.
- Analysts are expecting annual earnings growth of 18.3%, which is lower than the prior year's growth of 23.0% per year.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 29.1x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 18% over the next 5 years.
- However this is lower than its past earnings growth rate of 23% per year.
- In contrast, the Tires and Rubber industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| 517334 Samvardhana Motherson International | ₹174.60 | 11.5% +₹121.6b | 111.8% | PE43.6x | |
| TIINDIA Tube Investments of India | ₹4.31k | 9.6% +₹72.8b | 44.1% | PE125.3x | |
| 500493 Bharat Forge | ₹1.72k | 8.4% +₹61.8b | 105.0% | PE84.1x | |
| 500530 Bosch | ₹32.30k | 5.6% +₹50.8b | 70.2% | PE38.2x | |
| 532539 Uno Minda | ₹1.04k | 8.1% +₹44.8b | 77.6% | PE67.9x |
