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Japanese (NIKKEI) Auto Components Industry Analysis

UpdatedMay 01, 2024
DataAggregated Company Financials
Companies108
  • 7D-0.2%
  • 3M10.9%
  • 1Y31.3%
  • YTD19.7%

The Auto Components industry has been flat over the last week, but DENSO has lost 7.0%. As for the the longer term, the industry is up 31% over the past 12 months. 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
Thu, 02 May 2024JP¥25.9tJP¥44.6tJP¥1.7t9.3x15.2x0.6x
Sat, 30 Mar 2024JP¥26.7tJP¥44.5tJP¥1.7t9.6x15.6x0.6x
Mon, 26 Feb 2024JP¥25.3tJP¥44.7tJP¥1.7t9.3x14.7x0.6x
Wed, 24 Jan 2024JP¥23.4tJP¥43.8tJP¥1.7t10x14x0.5x
Fri, 22 Dec 2023JP¥21.5tJP¥43.8tJP¥1.7t9.6x12.9x0.5x
Sun, 19 Nov 2023JP¥23.6tJP¥43.8tJP¥1.7t10.3x14.2x0.5x
Tue, 17 Oct 2023JP¥22.7tJP¥42.8tJP¥1.5t10x14.9x0.5x
Thu, 14 Sep 2023JP¥23.2tJP¥42.8tJP¥1.5t10.8x15.3x0.5x
Sat, 12 Aug 2023JP¥22.4tJP¥42.6tJP¥1.5t10.5x15.2x0.5x
Mon, 10 Jul 2023JP¥22.1tJP¥41.2tJP¥1.3t11.9x16.9x0.5x
Wed, 07 Jun 2023JP¥21.3tJP¥41.2tJP¥1.3t10.9x16.2x0.5x
Fri, 05 May 2023JP¥20.1tJP¥40.5tJP¥1.3t12.3x15.4x0.5x
Sun, 02 Apr 2023JP¥19.1tJP¥39.9tJP¥1.3t12x14.7x0.5x
Tue, 28 Feb 2023JP¥18.7tJP¥39.9tJP¥1.3t11.8x14.5x0.5x
Thu, 26 Jan 2023JP¥17.5tJP¥38.2tJP¥1.4t9x12.7x0.5x
Sat, 24 Dec 2022JP¥16.7tJP¥38.1tJP¥1.4t8.5x12.2x0.4x
Mon, 21 Nov 2022JP¥18.5tJP¥38.1tJP¥1.4t9.1x13.5x0.5x
Wed, 19 Oct 2022JP¥17.8tJP¥35.8tJP¥1.2t9.2x14.5x0.5x
Fri, 16 Sep 2022JP¥18.4tJP¥35.8tJP¥1.2t9.5x15x0.5x
Sun, 14 Aug 2022JP¥19.0tJP¥35.7tJP¥1.2t9.9x15.4x0.5x
Tue, 12 Jul 2022JP¥18.1tJP¥35.1tJP¥1.4t9.2x13.3x0.5x
Thu, 09 Jun 2022JP¥19.0tJP¥35.1tJP¥1.4t8.9x13.9x0.5x
Sat, 07 May 2022JP¥17.9tJP¥34.8tJP¥1.4t7.5x12.8x0.5x
Mon, 04 Apr 2022JP¥17.9tJP¥34.5tJP¥1.5t7.4x12.2x0.5x
Wed, 02 Mar 2022JP¥18.5tJP¥34.5tJP¥1.5t7.7x12.6x0.5x
Fri, 28 Jan 2022JP¥18.7tJP¥34.6tJP¥1.6t6.5x11.9x0.5x
Sun, 26 Dec 2021JP¥20.1tJP¥34.6tJP¥1.6t7x12.8x0.6x
Tue, 23 Nov 2021JP¥20.3tJP¥34.6tJP¥1.6t7.2x12.9x0.6x
Thu, 21 Oct 2021JP¥22.6tJP¥36.8tJP¥1.7t8.5x13.5x0.6x
Sat, 18 Sep 2021JP¥22.8tJP¥36.8tJP¥1.7t9.1x13.6x0.6x
Mon, 16 Aug 2021JP¥22.4tJP¥36.8tJP¥1.7t8.8x13.4x0.6x
Mon, 31 May 2021JP¥22.5tJP¥33.4tJP¥829.7b13.2x27.2x0.7x
Price to Earnings Ratio

25.6x


Total Market Cap: JP¥21.2tTotal Earnings: JP¥829.0bTotal Revenue: JP¥33.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Auto Components Industry Price to Earnings3Y Average 14.3x202220232024
Current Industry PE
  • Investors are relatively neutral on the Japanese 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 14.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 27% per year over the last three years.
  • Revenues for these companies have grown 10% 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 Market2.54%
Consumer Discretionary1.79%
Auto Components-0.23%
Tires and Rubber3.41%
Auto Parts and Equipment-1.38%
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 15.4x.
    • Analysts are expecting annual earnings growth of 15.3%, which is lower than the prior year's growth of 37.9% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading close to its 3-year average of 12.4x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 38% per year.
  • In contrast, the Tires and Rubber industry is expected to see its earnings grow by 8.1% 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
5108 BridgestoneJP¥6.94k2.6%
+JP¥122.5b		26.5%PE14.5x
5991 NHK SpringJP¥1.59k3.2%
+JP¥11.1b		57.1%PE18.7x
5101 Yokohama Rubber CompanyJP¥4.07k1.4%
+JP¥9.3b		38.0%PE9.7x
7240 NOKJP¥2.28k1.3%
+JP¥4.7b		23.5%PE17.9x
7238 Akebono Brake IndustryJP¥169.0021.6%
+JP¥4.0b		15.0%PS0.1x
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5101

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