Pakistani (KSE) Auto Industry Analysis
- 7D-3.2%
- 3M-14.0%
- 1Y-11.5%
- YTD-14.7%
Over the last 7 days, the Auto industry has dropped 2.3%, driven by a pullback from Atlas Honda of 6.2%. However, the industry is down 13% over the past year.
Industry Valuation and Performance
Has the Pakistani Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 07 Dec 2021 | PK₨208.0b | PK₨582.7b | PK₨29.9b | 7x |
| Thu, 04 Nov 2021 | PK₨218.6b | PK₨577.1b | PK₨29.6b | 8.7x |
| Sat, 02 Oct 2021 | PK₨216.6b | PK₨509.5b | PK₨23.9b | 11.1x |
| Mon, 30 Aug 2021 | PK₨262.0b | PK₨506.2b | PK₨22.5b | 12.7x |
| Tue, 06 Jul 2021 | PK₨255.3b | PK₨506.2b | PK₨22.5b | 13x |
| Fri, 09 Apr 2021 | PK₨229.6b | PK₨411.4b | PK₨13.3b | 18.8x |
| Thu, 31 Dec 2020 | PK₨244.2b | PK₨355.2b | PK₨8.2b | 20.6x |
| Sun, 04 Oct 2020 | PK₨222.7b | PK₨317.3b | PK₨3.4b | 20.9x |
| Wed, 08 Jul 2020 | PK₨175.9b | PK₨292.7b | PK₨1.5b | 18.9x |
| Tue, 31 Mar 2020 | PK₨138.4b | PK₨370.5b | PK₨8.1b | 14.9x |
| Fri, 03 Jan 2020 | PK₨199.0b | PK₨405.0b | PK₨10.2b | 16.1x |
| Mon, 07 Oct 2019 | PK₨150.4b | PK₨440.9b | PK₨13.5b | 7.5x |
| Sun, 30 Jun 2019 | PK₨181.4b | PK₨473.2b | PK₨18.3b | 14x |
| Wed, 03 Apr 2019 | PK₨210.2b | PK₨480.4b | PK₨22.4b | 8.9x |
| Sat, 05 Jan 2019 | PK₨191.6b | PK₨474.6b | PK₨26.5b | 8.3x |
8.3x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 7.0x which is lower than its 3-year average PE of 14.8x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Auto industry have grown 4.1% per year over the last three years, and revenues for these companies have grown 7.1% 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 Pakistani Auto industry?
| Automobile Manufacturers | -2.37% | |
| Motorcycle Manufacturers | -5.54% | |
Industry PE: Investors are most optimistic about the Motorcycle Manufacturers industry even though it's trading below its 3-year average PE ratio of 15.8x. However analysts are expecting annual earnings growth of 17%, which is lower than the prior year's growth of 104% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Automobile Manufacturers industry, which is trading below its 3-year average of 37.9x.
Forecasted Growth: Analysts are most optimistic on the Motorcycle Manufacturers industry, expecting annual earnings growth of 17% over the next 5 years. However this is lower than its past earnings growth rate of 104% per year. Meanwhile, the Automobile Manufacturers industry is expected to see its earnings grow by 9.6% 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 | |
|---|---|---|---|---|
| INDU Indus Motor | 0.2%+PK₨157.2m | 4.0% | PE5.9x |