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Japanese (NIKKEI) Auto Components Industry Analysis
UpdatedAug 13, 2024
DataAggregated Company Financials
Companies108
- 7D11.8%
- 3M-15.6%
- 1Y-4.1%
- YTD-2.9%
The Auto Components industry is up 12% in the last week, with DENSO up 12%. In contrast, the industry has lost 4.1% in the last 12 months. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Japanese Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 13 Aug 2024 | JP¥20.9t | JP¥45.4t | JP¥1.8t | 8x | 11.4x | 0.5x |
| Thu, 11 Jul 2024 | JP¥24.3t | JP¥45.0t | JP¥1.8t | 8.8x | 13.5x | 0.5x |
| Sat, 08 Jun 2024 | JP¥24.4t | JP¥45.0t | JP¥1.8t | 8.8x | 13.6x | 0.5x |
| Mon, 06 May 2024 | JP¥25.7t | JP¥44.7t | JP¥1.7t | 9.2x | 14.8x | 0.6x |
| Wed, 03 Apr 2024 | JP¥25.8t | JP¥44.5t | JP¥1.7t | 9x | 15x | 0.6x |
| Fri, 01 Mar 2024 | JP¥25.3t | JP¥44.7t | JP¥1.7t | 9.3x | 14.7x | 0.6x |
| Sun, 28 Jan 2024 | JP¥23.1t | JP¥43.8t | JP¥1.7t | 10.2x | 13.9x | 0.5x |
| Tue, 26 Dec 2023 | JP¥21.5t | JP¥43.8t | JP¥1.7t | 9.6x | 12.9x | 0.5x |
| Thu, 23 Nov 2023 | JP¥22.8t | JP¥43.8t | JP¥1.7t | 10x | 13.7x | 0.5x |
| Sat, 21 Oct 2023 | JP¥21.9t | JP¥42.9t | JP¥1.5t | 9.9x | 14.4x | 0.5x |
| Mon, 18 Sep 2023 | JP¥23.9t | JP¥42.8t | JP¥1.5t | 11x | 15.8x | 0.6x |
| Wed, 16 Aug 2023 | JP¥22.4t | JP¥42.8t | JP¥1.5t | 10.3x | 14.8x | 0.5x |
| Fri, 14 Jul 2023 | JP¥21.6t | JP¥41.2t | JP¥1.3t | 11.6x | 16.4x | 0.5x |
| Sun, 11 Jun 2023 | JP¥21.4t | JP¥41.2t | JP¥1.3t | 11.2x | 16.3x | 0.5x |
| Tue, 09 May 2023 | JP¥20.1t | JP¥40.5t | JP¥1.3t | 12.3x | 15.4x | 0.5x |
| Thu, 06 Apr 2023 | JP¥19.2t | JP¥39.9t | JP¥1.3t | 11.7x | 14.9x | 0.5x |
| Sat, 04 Mar 2023 | JP¥19.0t | JP¥39.9t | JP¥1.3t | 11.9x | 14.7x | 0.5x |
| Mon, 30 Jan 2023 | JP¥17.6t | JP¥38.3t | JP¥1.4t | 9x | 12.7x | 0.5x |
| Wed, 28 Dec 2022 | JP¥16.9t | JP¥38.1t | JP¥1.4t | 8.6x | 12.3x | 0.4x |
| Fri, 25 Nov 2022 | JP¥18.8t | JP¥38.1t | JP¥1.4t | 9.2x | 13.7x | 0.5x |
| Sun, 23 Oct 2022 | JP¥17.7t | JP¥35.8t | JP¥1.2t | 9.1x | 14.4x | 0.5x |
| Tue, 20 Sep 2022 | JP¥18.3t | JP¥35.8t | JP¥1.2t | 9.4x | 14.9x | 0.5x |
| Thu, 18 Aug 2022 | JP¥19.3t | JP¥35.7t | JP¥1.2t | 10x | 15.7x | 0.5x |
| Sat, 16 Jul 2022 | JP¥18.0t | JP¥35.1t | JP¥1.4t | 8.8x | 13.2x | 0.5x |
| Mon, 13 Jun 2022 | JP¥19.1t | JP¥35.1t | JP¥1.4t | 9.1x | 14x | 0.5x |
| Wed, 11 May 2022 | JP¥17.5t | JP¥34.8t | JP¥1.4t | 7.5x | 12.5x | 0.5x |
| Fri, 08 Apr 2022 | JP¥16.8t | JP¥34.5t | JP¥1.5t | 7.3x | 11.4x | 0.5x |
| Sun, 06 Mar 2022 | JP¥17.2t | JP¥34.5t | JP¥1.5t | 7.6x | 11.7x | 0.5x |
| Tue, 01 Feb 2022 | JP¥19.2t | JP¥34.6t | JP¥1.6t | 6.6x | 12.4x | 0.6x |
| Thu, 30 Dec 2021 | JP¥20.3t | JP¥34.6t | JP¥1.6t | 7.1x | 13x | 0.6x |
| Sat, 27 Nov 2021 | JP¥19.7t | JP¥34.6t | JP¥1.6t | 7.1x | 12.6x | 0.6x |
| Mon, 25 Oct 2021 | JP¥22.3t | JP¥36.8t | JP¥1.7t | 8.3x | 13.3x | 0.6x |
| Wed, 22 Sep 2021 | JP¥22.5t | JP¥36.8t | JP¥1.7t | 8.9x | 13.4x | 0.6x |
| Fri, 20 Aug 2021 | JP¥20.5t | JP¥36.8t | JP¥1.7t | 8.3x | 12.2x | 0.6x |
Price to Earnings Ratio
12.2x
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 11.4x which is lower than its 3-year average PE of 13.9x.
- 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 3.0% per year over the last three years.
- Revenues for these companies have grown 7.2% 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 Market | 11.02% | |
| Consumer Discretionary | 10.86% | |
| Auto Components | 11.76% | |
| Auto Parts and Equipment | 12.15% | |
| Tires and Rubber | 10.56% | |
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 15.2x.
- Analysts are expecting annual earnings growth of 12.7%, which is lower than the prior year's growth of 31.5% per year.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 11.5x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 13% over the next 5 years.
- However this is lower than its past earnings growth rate of 31% per year.
- In contrast, the Tires and Rubber industry is expected to see its earnings grow by 7.4% 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 | |
|---|---|---|---|---|---|
| 6902 DENSO | JP¥2.19k | 2.1% +JP¥129.5b | -10.3% | PE19.8x | |
| 5802 Sumitomo Electric Industries | JP¥2.22k | 6.0% +JP¥97.9b | 24.8% | PE9.7x | |
| 5334 Niterra | JP¥4.05k | 9.9% +JP¥72.6b | 22.9% | PE9.3x | |
| 5991 NHK Spring | JP¥1.64k | 19.5% +JP¥57.7b | 46.2% | PE7.5x | |
| 5101 Yokohama Rubber Company | JP¥3.17k | 4.7% +JP¥23.0b | 7.5% | PE5.9x |
