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Japanese (NIKKEI) Auto Components Industry Analysis

UpdatedFeb 27, 2024
DataAggregated Company Financials
Companies109
  • 7D2.0%
  • 3M11.8%
  • 1Y36.4%
  • YTD15.7%

In the last week, the Auto Components industry is up 2.0%, with DENSO up 1.9%. This means that the industry has gained 36% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the Japanese Auto Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024JP¥25.3tJP¥44.7tJP¥1.7t9.3x14.7x0.6x
Fri, 26 Jan 2024JP¥23.3tJP¥43.8tJP¥1.7t10.2x14x0.5x
Sun, 24 Dec 2023JP¥21.5tJP¥43.8tJP¥1.7t9.6x12.9x0.5x
Tue, 21 Nov 2023JP¥23.1tJP¥43.8tJP¥1.7t10.2x13.8x0.5x
Thu, 19 Oct 2023JP¥22.4tJP¥42.9tJP¥1.5t10x14.7x0.5x
Sat, 16 Sep 2023JP¥23.4tJP¥42.8tJP¥1.5t10.8x15.4x0.5x
Mon, 14 Aug 2023JP¥22.4tJP¥42.8tJP¥1.5t10.4x14.8x0.5x
Wed, 12 Jul 2023JP¥21.7tJP¥41.2tJP¥1.3t11.7x16.6x0.5x
Fri, 09 Jun 2023JP¥21.0tJP¥41.2tJP¥1.3t11x16x0.5x
Sun, 07 May 2023JP¥20.1tJP¥40.5tJP¥1.3t12.3x15.4x0.5x
Tue, 04 Apr 2023JP¥19.1tJP¥39.9tJP¥1.3t11.9x14.7x0.5x
Thu, 02 Mar 2023JP¥18.9tJP¥39.9tJP¥1.3t11.7x14.6x0.5x
Sat, 28 Jan 2023JP¥17.6tJP¥38.3tJP¥1.4t9x12.7x0.5x
Mon, 26 Dec 2022JP¥16.7tJP¥38.1tJP¥1.4t8.5x12.2x0.4x
Wed, 23 Nov 2022JP¥18.8tJP¥38.1tJP¥1.4t9x13.7x0.5x
Fri, 21 Oct 2022JP¥17.8tJP¥35.8tJP¥1.2t9.2x14.5x0.5x
Sun, 18 Sep 2022JP¥18.3tJP¥35.8tJP¥1.2t9.4x14.9x0.5x
Tue, 16 Aug 2022JP¥19.1tJP¥35.7tJP¥1.2t9.6x15.5x0.5x
Thu, 14 Jul 2022JP¥17.9tJP¥35.1tJP¥1.4t9x13.1x0.5x
Sat, 11 Jun 2022JP¥19.1tJP¥35.1tJP¥1.4t9.1x14x0.5x
Mon, 09 May 2022JP¥17.9tJP¥34.8tJP¥1.4t7.5x12.8x0.5x
Wed, 06 Apr 2022JP¥17.8tJP¥34.5tJP¥1.5t7.4x12.1x0.5x
Fri, 04 Mar 2022JP¥17.9tJP¥34.5tJP¥1.5t7.7x12.2x0.5x
Sun, 30 Jan 2022JP¥19.0tJP¥34.6tJP¥1.6t6.7x12.2x0.5x
Tue, 28 Dec 2021JP¥20.1tJP¥34.6tJP¥1.6t6.9x12.8x0.6x
Thu, 25 Nov 2021JP¥20.2tJP¥34.6tJP¥1.6t7.3x12.9x0.6x
Sat, 23 Oct 2021JP¥22.3tJP¥36.8tJP¥1.7t8.3x13.3x0.6x
Mon, 20 Sep 2021JP¥22.8tJP¥36.8tJP¥1.7t9.1x13.6x0.6x
Wed, 18 Aug 2021JP¥22.4tJP¥36.8tJP¥1.7t8.8x13.4x0.6x
Wed, 02 Jun 2021JP¥22.5tJP¥33.4tJP¥829.7b13.2x27.2x0.7x
Sat, 06 Mar 2021JP¥20.2tJP¥32.7tJP¥137.5b17.1x147.2x0.6x
Price to Earnings Ratio

147.2x


Total Market Cap: JP¥20.2tTotal Earnings: JP¥137.5bTotal Revenue: JP¥32.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Auto Components Industry Price to Earnings3Y Average 15x202220232024
Current Industry PE
  • Investors are pessimistic on the Japanese 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 14.7x which is lower than its 3-year average PE of 18.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 132% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Japanese Consumer Discretionary industry?

JP Market1.30%
Consumer Discretionary1.26%
Auto Components2.05%
Auto Parts and Equipment2.20%
Tires and Rubber1.56%
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 20.1x.
    • Analysts are expecting annual earnings growth of 14.4%, which is lower than the prior year's growth of 35.2% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 16.0x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 14% over the next 5 years.
  • However this is lower than its past earnings growth rate of 35% per year.
  • In contrast, the Tires and Rubber industry is expected to see its earnings grow by 8.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
6902 DENSOJP¥2.76k1.9%
+JP¥150.8b
52.2%PE28.1x
5108 BridgestoneJP¥6.41k1.8%
+JP¥76.7b
22.7%PE13.4x
7259 AisinJP¥5.69k4.3%
+JP¥63.1b
52.6%PE18.8x
5802 Sumitomo Electric IndustriesJP¥2.23k3.7%
+JP¥62.0b
33.0%PE12.9x
5334 NiterraJP¥4.56k5.6%
+JP¥48.8b
66.4%PE12.2x
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7276

JP¥1,897.50

Koito Manufacturing

7D

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1Y

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5108

JP¥6,412.00

Bridgestone

7D

1.8%

1Y

22.7%

6444

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Sanden

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5110

JP¥1,788.00

Sumitomo Rubber Industries

7D

1.5%

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45.8%

5105

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Toyo Tire

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6995

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Tokai Rika

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5.3%

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58.7%

7313

JP¥1,958.00

TS TECH

7D

-0.2%

1Y

13.4%

5121

JP¥1,408.00

FUJIKURA COMPOSITES

7D

-1.5%

1Y

36.2%

7988

JP¥3,645.00

Nifco

7D

-2.3%

1Y

1.5%

3116

JP¥2,387.00

Toyota Boshoku

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-1.7%

1Y

12.7%

6902

JP¥2,755.00

DENSO

7D

1.9%

1Y

52.2%