Do Mahindra & Mahindra's (NSE:M&M) Earnings Warrant Your Attention?
Apr 01
Indian (NIFTY) Automobile Manufacturers Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies4
- 7D-0.5%
- 3M23.9%
- 1Y70.9%
- YTDn/a
Over the last 7 days, the Automobile Manufacturers industry has dropped 3.0%, driven by a pullback from Tata Motors of 5.4%. This takes the industry's 12 month performance to a gain of 66%. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Indian Automobile Manufacturers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | ₹9.9t | ₹7.0t | ₹427.2b | 26.8x | 23.1x | 1.4x |
| Thu, 21 Mar 2024 | ₹9.3t | ₹7.0t | ₹427.2b | 24.7x | 21.7x | 1.3x |
| Sat, 17 Feb 2024 | ₹9.1t | ₹7.0t | ₹427.2b | 24x | 21.2x | 1.3x |
| Mon, 15 Jan 2024 | ₹7.9t | ₹6.6t | ₹378.6b | 24x | 21x | 1.2x |
| Wed, 13 Dec 2023 | ₹7.6t | ₹6.6t | ₹362.0b | 25x | 21x | 1.2x |
| Fri, 10 Nov 2023 | ₹7.3t | ₹6.5t | ₹366.3b | 24.3x | 19.8x | 1.1x |
| Sun, 08 Oct 2023 | ₹7.1t | ₹6.3t | ₹319.2b | 27.3x | 22.3x | 1.1x |
| Tue, 05 Sep 2023 | ₹7.1t | ₹6.3t | ₹319.2b | 27.1x | 22.3x | 1.1x |
| Thu, 03 Aug 2023 | ₹6.8t | ₹6.2t | ₹306.1b | 26.3x | 22.4x | 1.1x |
| Sat, 01 Jul 2023 | ₹6.7t | ₹5.9t | ₹209.1b | 65.2x | 32.1x | 1.1x |
| Mon, 29 May 2023 | ₹6.1t | ₹5.9t | ₹209.1b | 58.4x | 29.3x | 1x |
| Wed, 26 Apr 2023 | ₹5.6t | ₹5.5t | ₹132.7b | 24.1x | 42.2x | 1x |
| Fri, 24 Mar 2023 | ₹5.3t | ₹5.5t | ₹132.7b | 23.6x | 40.1x | 1x |
| Sun, 19 Feb 2023 | ₹5.7t | ₹5.5t | ₹132.7b | 25.5x | 43.1x | 1x |
| Tue, 17 Jan 2023 | ₹5.5t | ₹5.1t | ₹51.3b | 36.5x | 106.7x | 1.1x |
| Thu, 15 Dec 2022 | ₹5.5t | ₹5.1t | ₹51.3b | 37.2x | 108x | 1.1x |
| Sat, 12 Nov 2022 | ₹5.7t | ₹5.0t | ₹42.9b | 39.5x | 132.8x | 1.1x |
| Mon, 10 Oct 2022 | ₹5.5t | ₹4.8t | ₹7.9b | 38.1x | 694x | 1.1x |
| Wed, 07 Sep 2022 | ₹5.8t | ₹4.8t | ₹7.9b | 38.9x | 728.5x | 1.2x |
| Fri, 05 Aug 2022 | ₹5.8t | ₹4.7t | -₹9,791,300,000.00 | 41.2x | -590.8x | 1.2x |
| Sun, 03 Jul 2022 | ₹5.2t | ₹4.6t | -₹9,846,500,000.00 | 42.1x | -532.1x | 1.1x |
| Tue, 31 May 2022 | ₹5.1t | ₹4.6t | -₹9,846,500,000.00 | 39.6x | -518.6x | 1.1x |
| Thu, 28 Apr 2022 | ₹4.9t | ₹4.6t | -₹88,740,500,000.00 | 45x | -55.5x | 1.1x |
| Sat, 26 Mar 2022 | ₹4.6t | ₹4.6t | -₹88,740,500,000.00 | 41.7x | -52.2x | 1x |
| Mon, 21 Feb 2022 | ₹5.3t | ₹4.6t | -₹88,740,500,000.00 | 47.9x | -59.7x | 1.1x |
| Wed, 19 Jan 2022 | ₹5.2t | ₹4.6t | -₹36,028,900,000.00 | 37x | -144.6x | 1.1x |
| Fri, 17 Dec 2021 | ₹5.0t | ₹4.6t | -₹36,028,900,000.00 | 35x | -137.6x | 1.1x |
| Sun, 14 Nov 2021 | ₹5.1t | ₹4.6t | -₹36,028,900,000.00 | 35.9x | -142.4x | 1.1x |
| Tue, 12 Oct 2021 | ₹4.8t | ₹4.5t | ₹1.3b | 33.8x | 3842x | 1.1x |
| Thu, 09 Sep 2021 | ₹4.0t | ₹4.5t | ₹1.3b | 29.4x | 3161.7x | 0.9x |
| Sat, 07 Aug 2021 | ₹4.1t | ₹4.5t | ₹1.3b | 30.3x | 3244.2x | 0.9x |
| Fri, 30 Apr 2021 | ₹3.8t | ₹4.0t | -₹50,602,700,000.00 | 32.6x | -75.6x | 1x |
Price to Earnings Ratio
-75.6x
Current Industry PE
- Investors are pessimistic on the Indian Automobile Manufacturers 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 22.8x which is lower than its 3-year average PE of 405x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- Total earnings for the Automobile Manufacturers industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Indian Automobile Manufacturers compare with similar industries?
| IN Market | -1.57% | |
| Consumer Discretionary | -0.99% | |
| Auto | -1.47% | |
| Automobile Manufacturers | -0.50% | |
| Motorcycle Manufacturers | -3.19% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MARUTI Maruti Suzuki India | ₹12.79k | 2.9% +₹114.0b | 51.0% | PE33x | |
| M&M Mahindra & Mahindra | ₹2.09k | 1.8% +₹41.4b | 73.1% | PE20.9x | |
| HINDMOTORS Hindustan Motors | ₹28.40 | 55.2% +₹2.1b | 106.5% | PE62x | |
| 531357 Mercury Ev-Tech | ₹83.62 | 0.5% +₹72.0m | 345.5% | PE710.9x |