Pakistani (KSE) Auto Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies5
- 7D-2.8%
- 3M15.5%
- 1Y104.9%
- YTD49.6%
Over the last 7 days, the Auto industry has dropped 2.8%, driven by Atlas Honda declining 4.6%. In contrast, Ghandhara Automobiles has gained 12%. This takes the industry's 12 month performance to a gain of 105%. Looking forward, earnings are forecast to grow by 6.5% annually.
Industry Valuation and Performance
Has the Pakistani Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | PK₨277.5b | PK₨364.0b | PK₨23.2b | 17x | 11.9x | 0.8x |
| Sun, 23 Jun 2024 | PK₨249.1b | PK₨364.0b | PK₨23.2b | 17.9x | 10.7x | 0.7x |
| Tue, 21 May 2024 | PK₨256.9b | PK₨366.5b | PK₨21.2b | 54.7x | 12.1x | 0.7x |
| Thu, 18 Apr 2024 | PK₨272.6b | PK₨467.2b | PK₨9.6b | 23.7x | 28.4x | 0.6x |
| Sat, 16 Mar 2024 | PK₨265.7b | PK₨497.4b | PK₨10.0b | 19.1x | 26.6x | 0.5x |
| Mon, 12 Feb 2024 | PK₨253.1b | PK₨530.0b | PK₨9.8b | 22x | 26x | 0.5x |
| Wed, 10 Jan 2024 | PK₨267.9b | PK₨534.5b | PK₨9.3b | 25.2x | 28.8x | 0.5x |
| Fri, 08 Dec 2023 | PK₨236.8b | PK₨534.5b | PK₨9.3b | 25.4x | 25.4x | 0.4x |
| Sun, 05 Nov 2023 | PK₨190.8b | PK₨538.4b | PK₨6.7b | 7.1x | 28.5x | 0.4x |
| Tue, 03 Oct 2023 | PK₨138.4b | PK₨542.3b | -PK₨1,530,423,000.00 | 7.3x | -90.5x | 0.3x |
| Thu, 31 Aug 2023 | PK₨137.4b | PK₨540.6b | -PK₨1,530,423,000.00 | 7.6x | -89.8x | 0.3x |
| Sat, 29 Jul 2023 | PK₨145.9b | PK₨613.5b | -PK₨7,637,493,000.00 | 11.9x | -19.1x | 0.2x |
| Mon, 26 Jun 2023 | PK₨125.9b | PK₨642.1b | -PK₨7,224,107,000.00 | 11.6x | -17.4x | 0.2x |
| Wed, 24 May 2023 | PK₨137.6b | PK₨651.5b | -PK₨5,994,362,000.00 | 11.7x | -23x | 0.2x |
| Fri, 21 Apr 2023 | PK₨135.8b | PK₨698.5b | PK₨8.4b | 8.8x | 16.1x | 0.2x |
| Sun, 19 Mar 2023 | PK₨137.6b | PK₨683.6b | PK₨12.7b | 8.5x | 10.8x | 0.2x |
| Tue, 14 Feb 2023 | PK₨139.9b | PK₨703.7b | PK₨17.7b | 6.7x | 7.9x | 0.2x |
| Thu, 12 Jan 2023 | PK₨148.6b | PK₨710.3b | PK₨17.4b | 6.6x | 8.6x | 0.2x |
| Sat, 10 Dec 2022 | PK₨159.0b | PK₨702.5b | PK₨17.2b | 7.3x | 9.3x | 0.2x |
| Mon, 07 Nov 2022 | PK₨159.5b | PK₨708.9b | PK₨18.5b | 7.8x | 8.6x | 0.2x |
| Wed, 05 Oct 2022 | PK₨166.6b | PK₨754.5b | PK₨26.9b | 7.8x | 6.2x | 0.2x |
| Fri, 02 Sep 2022 | PK₨168.2b | PK₨674.5b | PK₨31.7b | 7.8x | 5.3x | 0.2x |
| Sun, 31 Jul 2022 | PK₨164.8b | PK₨674.5b | PK₨31.7b | 7.3x | 5.2x | 0.2x |
| Tue, 28 Jun 2022 | PK₨189.2b | PK₨674.5b | PK₨31.7b | 8.4x | 6x | 0.3x |
| Thu, 26 May 2022 | PK₨199.5b | PK₨674.5b | PK₨31.7b | 8.2x | 6.3x | 0.3x |
| Sat, 23 Apr 2022 | PK₨212.9b | PK₨646.2b | PK₨31.4b | 7.6x | 6.8x | 0.3x |
| Mon, 21 Mar 2022 | PK₨205.7b | PK₨628.9b | PK₨31.9b | 7.1x | 6.4x | 0.3x |
| Wed, 16 Feb 2022 | PK₨222.3b | PK₨602.3b | PK₨29.8b | 8.1x | 7.5x | 0.4x |
| Fri, 14 Jan 2022 | PK₨213.9b | PK₨582.7b | PK₨29.9b | 7.8x | 7.2x | 0.4x |
| Sun, 12 Dec 2021 | PK₨206.8b | PK₨582.7b | PK₨29.9b | 7x | 6.9x | 0.4x |
| Tue, 09 Nov 2021 | PK₨217.9b | PK₨577.1b | PK₨29.6b | 8.5x | 7.4x | 0.4x |
| Thu, 07 Oct 2021 | PK₨212.4b | PK₨509.5b | PK₨23.9b | 10.7x | 8.9x | 0.4x |
| Sat, 04 Sep 2021 | PK₨248.6b | PK₨506.2b | PK₨22.5b | 11.7x | 11.1x | 0.5x |
| Mon, 02 Aug 2021 | PK₨261.2b | PK₨506.2b | PK₨22.5b | 13x | 11.6x | 0.5x |
Price to Earnings Ratio
11.6x
Current Industry PE
- Investors are optimistic on the Pakistani Auto industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.9x which is higher than its 3-year average PE of 2.5x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
- The earnings for companies in the Auto industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 10% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the Pakistani Consumer Discretionary industry?
| PK Market | -3.41% | |
| Consumer Discretionary | -3.27% | |
| Auto | -2.78% | |
| Automobile Manufacturers | -1.43% | |
| Motorcycle Manufacturers | -6.19% | |
Industry PE
- Investors are most optimistic about the Automobile Manufacturers industry even though it's trading below its 3-year average PE ratio of 17.7x.
- Analysts are expecting annual earnings growth of 6.5%, which is lower than the prior year's growth of 108.2% per year.
- Investors are most pessimistic about the Motorcycle Manufacturers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.0x.
Forecasted Growth
- Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 6.5% over the next 5 years.
- In contrast, the Automobile Manufacturers industry is expected to see its earnings grow by 6.5% 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 | |
|---|---|---|---|---|---|
| GAL Ghandhara Automobiles | PK₨271.56 | 12.9% +PK₨1.8b | 532.1% | PE355.2x | |
| INDU Indus Motor | PK₨1.68k | 1.0% +PK₨1.3b | 75.6% | PE10x | |
| DFML Dewan Farooque Motors | PK₨41.90 | 5.8% +PK₨316.3m | 223.8% | PS54327.2x |