Swedish (OMX) Auto Components Industry Analysis

Industry Valuation and Performance

Has the Swedish Auto Components Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 21 Jul 2024	SEK 25.2b	SEK 32.3b	SEK 1.3b	18.7x	19.8x	0.8x
Tue, 18 Jun 2024	SEK 24.1b	SEK 32.9b	SEK 1.4b	18.2x	17.7x	0.7x
Thu, 16 May 2024	SEK 28.0b	SEK 32.9b	SEK 1.4b	19.9x	20.5x	0.9x
Sat, 13 Apr 2024	SEK 29.1b	SEK 33.5b	SEK 1.4b	17.8x	20.3x	0.9x
Mon, 11 Mar 2024	SEK 26.1b	SEK 33.5b	SEK 1.4b	16.2x	18.2x	0.8x
Wed, 07 Feb 2024	SEK 26.8b	SEK 33.3b	SEK 1.5b	14.7x	18.1x	0.8x
Fri, 05 Jan 2024	SEK 29.2b	SEK 34.1b	SEK 1.5b	16.1x	20.1x	0.9x
Sun, 03 Dec 2023	SEK 26.9b	SEK 34.1b	SEK 1.5b	14.4x	18.5x	0.8x
Tue, 31 Oct 2023	SEK 23.0b	SEK 34.1b	SEK 1.5b	12.8x	15.8x	0.7x
Thu, 28 Sep 2023	SEK 23.3b	SEK 34.6b	SEK 1.5b	12x	15.3x	0.7x
Sat, 26 Aug 2023	SEK 24.3b	SEK 34.6b	SEK 1.5b	12.6x	16x	0.7x
Mon, 24 Jul 2023	SEK 26.7b	SEK 34.6b	SEK 1.5b	13.9x	17.5x	0.8x
Wed, 21 Jun 2023	SEK 24.0b	SEK 34.4b	SEK 1.8b	12.6x	13.4x	0.7x
Fri, 19 May 2023	SEK 24.3b	SEK 34.4b	SEK 1.8b	13.4x	13.5x	0.7x
Sun, 16 Apr 2023	SEK 22.3b	SEK 34.2b	SEK 1.8b	22.4x	12.1x	0.7x
Tue, 14 Mar 2023	SEK 20.7b	SEK 34.2b	SEK 1.8b	21.6x	11.2x	0.6x
Thu, 09 Feb 2023	SEK 24.5b	SEK 33.9b	SEK 1.8b	50.9x	13.6x	0.7x
Sat, 07 Jan 2023	SEK 25.0b	SEK 33.2b	SEK 2.0b	47.2x	12.7x	0.8x
Mon, 05 Dec 2022	SEK 26.1b	SEK 33.2b	SEK 2.0b	51.6x	13.2x	0.8x
Wed, 02 Nov 2022	SEK 21.6b	SEK 33.2b	SEK 2.0b	47x	11x	0.6x
Fri, 30 Sep 2022	SEK 18.9b	SEK 30.9b	SEK 2.0b	38.8x	9.4x	0.6x
Sun, 28 Aug 2022	SEK 20.4b	SEK 30.9b	SEK 2.0b	47.7x	10.1x	0.7x
Tue, 26 Jul 2022	SEK 23.3b	SEK 30.9b	SEK 2.0b	52.5x	11.6x	0.8x
Thu, 23 Jun 2022	SEK 20.9b	SEK 27.8b	SEK 1.8b	25.2x	11.9x	0.8x
Sat, 21 May 2022	SEK 24.8b	SEK 27.8b	SEK 1.8b	26.1x	14.1x	0.9x
Mon, 18 Apr 2022	SEK 25.5b	SEK 25.2b	SEK 1.9b	11.8x	13.7x	1x
Wed, 16 Mar 2022	SEK 27.4b	SEK 25.2b	SEK 1.9b	12.3x	14.7x	1.1x
Fri, 11 Feb 2022	SEK 34.3b	SEK 25.4b	SEK 1.9b	14.2x	18x	1.4x
Sun, 09 Jan 2022	SEK 39.2b	SEK 24.0b	SEK 1.6b	19x	25.3x	1.6x
Tue, 07 Dec 2021	SEK 40.4b	SEK 24.0b	SEK 1.6b	19.1x	26.1x	1.7x
Thu, 04 Nov 2021	SEK 44.2b	SEK 24.0b	SEK 1.6b	20.1x	28.5x	1.8x
Sat, 02 Oct 2021	SEK 43.9b	SEK 23.1b	SEK 1.4b	22.8x	32.4x	1.9x
Mon, 30 Aug 2021	SEK 46.4b	SEK 23.1b	SEK 1.4b	24.2x	34.2x	2x

Current Industry PE

There are only 2 companies in the Swedish Auto Components industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Auto Components industry have declined 2.1% per year over the last three years.
Meanwhile revenues for these companies have grown 12% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Swedish Consumer Discretionary industry?


SE Market	-1.84%
Consumer Discretionary	-3.34%
Auto Components	4.98%
Auto Parts and Equipment	4.98%
Tires and Rubber	0%

Industry PE

Investors are most optimistic about the Auto Parts and Equipment industry which is trading above its 3-year average PE ratio of 17.5x.

Analysts are expecting annual earnings growth of 27.3%, which is higher than its past year's earnings decline of 31.5% per year.

Investors are most pessimistic about the Auto Parts and Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.5x.

Forecasted Growth

Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 27% over the next 5 years.
This is better than its past earnings decline of 31% per year.