Key Things To Consider Before Buying Saeron Automotive Corporation (KRX:075180) For Its Dividend
Could Saeron Automotive Corporation ( KRX:075180 ) be an attractive dividend share to own for the long haul? Investors...
South Korean (KOSPI) Auto Components Industry Analysis
UpdatedDec 07, 2021
DataAggregated Company Financials
Companies117
- 7D6.6%
- 3M-14.1%
- 1Y5.8%
- YTD-9.5%
Over the last 7 days, the Auto Components industry has remained flat, although notably ILJIN Hysolus declined by 19%. In line with that, the industry has also been flat over the past 12 months.
Industry Valuation and Performance
Has the South Korean Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 07 Dec 2021 | ₩62.4t | ₩132.5t | ₩4.6t | 13.7x |
| Thu, 04 Nov 2021 | ₩67.2t | ₩132.3t | ₩4.5t | 15.3x |
| Sat, 02 Oct 2021 | ₩65.5t | ₩132.3t | ₩4.5t | 14.9x |
| Mon, 30 Aug 2021 | ₩68.6t | ₩133.2t | ₩4.3t | 16.4x |
| Tue, 06 Jul 2021 | ₩74.3t | ₩133.2t | ₩4.3t | 17.1x |
| Fri, 09 Apr 2021 | ₩69.0t | ₩123.3t | ₩2.5t | 15.5x |
| Thu, 31 Dec 2020 | ₩61.5t | ₩119.0t | ₩1.6t | 19x |
| Sun, 04 Oct 2020 | ₩50.1t | ₩116.2t | ₩1.7t | 17x |
| Wed, 08 Jul 2020 | ₩40.7t | ₩115.1t | ₩1.9t | 14.5x |
| Tue, 31 Mar 2020 | ₩35.1t | ₩123.7t | ₩3.5t | 9.1x |
| Fri, 03 Jan 2020 | ₩52.2t | ₩124.5t | ₩3.9t | 11.8x |
| Mon, 07 Oct 2019 | ₩52.2t | ₩123.0t | ₩3.8t | 15.1x |
| Sun, 30 Jun 2019 | ₩51.4t | ₩120.8t | ₩3.3t | 15.7x |
| Wed, 03 Apr 2019 | ₩48.9t | ₩118.5t | ₩3.1t | 16.8x |
| Sat, 05 Jan 2019 | ₩46.4t | ₩116.8t | ₩3.1t | 15.2x |
PE Ratio
15.2x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 15.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Auto Components industry have grown 27% per year over the last three years, and revenues for these companies have grown 5.4% 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 South Korean Auto Components industry?
| Tires and Rubber | 7.07% | |
| Auto Parts and Equipment | 6.51% | |
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 16.6x. However analysts are expecting annual earnings growth of 19%, which is lower than the prior year's growth of 57% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 12.1x.
Forecasted Growth: Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 27% over the next 5 years. However this is lower than its past earnings growth rate of 84% per year. Meanwhile, the Auto Parts and Equipment industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| A012330 Hyundai MobisLtd | 5.7%+₩1.2t | 0.6% | PE9.4x | |
| A161390 Hankook Tire & Technology | 7.6%+₩359.9b | 4.5% | PE7.8x | |
| A271940 ILJIN Hysolus | 9.1%+₩167.0b | n/a | n/a | |
| A018880 Hanon Systems | 1.8%+₩133.4b | -14.7% | PE25.4x | |
| A204320 Mando | 4.5%+₩117.1b | 3.8% | PE12.2x |