Have your own idea? Try our Stock Screener
Taiwanese (TAIEX) Auto Components Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies66
- 7D3.5%
- 3M1.1%
- 1Y10.0%
- YTD8.1%
In the last week, the Auto Components industry is up 4.0%, with Cheng Shin Rubber Ind up 15%. During this same period, the Hu Lane Associate underperformed, falling 5.9%. In the last 12 months, the industry was up 12%. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Taiwanese Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | NT$659.1b | NT$391.3b | NT$32.0b | 17.1x | 20.6x | 1.7x |
| Sat, 19 Oct 2024 | NT$653.7b | NT$384.1b | NT$30.5b | 18.2x | 21.4x | 1.7x |
| Mon, 16 Sep 2024 | NT$662.9b | NT$384.1b | NT$30.5b | 17.9x | 21.7x | 1.7x |
| Wed, 14 Aug 2024 | NT$639.7b | NT$380.7b | NT$28.6b | 17.9x | 22.3x | 1.7x |
| Fri, 12 Jul 2024 | NT$666.7b | NT$381.8b | NT$28.3b | 19.2x | 23.6x | 1.7x |
| Sun, 09 Jun 2024 | NT$687.1b | NT$381.8b | NT$28.3b | 21.3x | 24.3x | 1.8x |
| Tue, 07 May 2024 | NT$659.6b | NT$379.4b | NT$23.8b | 21.7x | 27.8x | 1.7x |
| Thu, 04 Apr 2024 | NT$653.1b | NT$374.2b | NT$23.0b | 22x | 28.4x | 1.7x |
| Sat, 02 Mar 2024 | NT$602.3b | NT$369.0b | NT$19.4b | 23x | 31x | 1.6x |
| Mon, 29 Jan 2024 | NT$572.9b | NT$369.7b | NT$19.5b | 21.9x | 29.4x | 1.5x |
| Wed, 27 Dec 2023 | NT$578.6b | NT$369.5b | NT$19.5b | 22.6x | 29.6x | 1.6x |
| Fri, 24 Nov 2023 | NT$580.2b | NT$370.3b | NT$19.9b | 21.8x | 29.1x | 1.6x |
| Sun, 22 Oct 2023 | NT$554.7b | NT$373.4b | NT$19.5b | 16.9x | 28.5x | 1.5x |
| Tue, 19 Sep 2023 | NT$564.2b | NT$373.4b | NT$19.5b | 16.4x | 29x | 1.5x |
| Thu, 17 Aug 2023 | NT$519.7b | NT$371.2b | NT$19.3b | 16x | 26.9x | 1.4x |
| Sat, 15 Jul 2023 | NT$544.7b | NT$371.2b | NT$18.8b | 16.8x | 29x | 1.5x |
| Mon, 12 Jun 2023 | NT$543.7b | NT$369.5b | NT$18.5b | 17x | 29.4x | 1.5x |
| Wed, 10 May 2023 | NT$517.4b | NT$370.1b | NT$19.7b | 18x | 26.3x | 1.4x |
| Fri, 07 Apr 2023 | NT$515.2b | NT$370.8b | NT$20.2b | 14.8x | 25.5x | 1.4x |
| Sun, 05 Mar 2023 | NT$496.4b | NT$369.3b | NT$20.6b | 14.6x | 24.1x | 1.3x |
| Tue, 31 Jan 2023 | NT$473.6b | NT$368.6b | NT$20.4b | 14.1x | 23.2x | 1.3x |
| Thu, 29 Dec 2022 | NT$461.5b | NT$368.6b | NT$20.4b | 13.6x | 22.6x | 1.3x |
| Sat, 26 Nov 2022 | NT$471.7b | NT$368.6b | NT$20.4b | 14.1x | 23.1x | 1.3x |
| Mon, 24 Oct 2022 | NT$444.8b | NT$352.7b | NT$16.3b | 15.8x | 27.3x | 1.3x |
| Wed, 21 Sep 2022 | NT$534.1b | NT$352.7b | NT$16.3b | 17.5x | 32.8x | 1.5x |
| Fri, 19 Aug 2022 | NT$502.0b | NT$353.1b | NT$16.5b | 19.2x | 30.4x | 1.4x |
| Sun, 17 Jul 2022 | NT$480.8b | NT$350.9b | NT$14.7b | 19.4x | 32.7x | 1.4x |
| Tue, 14 Jun 2022 | NT$474.0b | NT$350.9b | NT$14.7b | 19.8x | 32.3x | 1.4x |
| Thu, 12 May 2022 | NT$442.2b | NT$351.2b | NT$15.7b | 19.1x | 28.2x | 1.3x |
| Sat, 09 Apr 2022 | NT$477.0b | NT$349.6b | NT$15.9b | 18.9x | 30x | 1.4x |
| Mon, 07 Mar 2022 | NT$477.6b | NT$355.2b | NT$20.1b | 17.6x | 23.8x | 1.3x |
| Wed, 02 Feb 2022 | NT$476.6b | NT$354.9b | NT$20.2b | 17x | 23.5x | 1.3x |
| Fri, 31 Dec 2021 | NT$503.6b | NT$354.9b | NT$20.2b | 18.5x | 24.9x | 1.4x |
| Sun, 28 Nov 2021 | NT$475.2b | NT$354.9b | NT$20.2b | 17.7x | 23.5x | 1.3x |
Price to Earnings Ratio
23.5x
Current Industry PE
- Investors are pessimistic on the Taiwanese 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 20.8x which is lower than its 3-year average PE of 26.9x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 3.3% 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 Taiwanese Consumer Discretionary industry?
| TW Market | -0.79% | |
| Consumer Discretionary | 0.44% | |
| Auto Components | 3.51% | |
| Tires and Rubber | 9.50% | |
| Auto Parts and Equipment | 0.061% | |
Industry PE
- Investors are most optimistic about the Auto Parts and Equipment industry, which is trading close to its 3-year average PE ratio of 22.1x.
- Analysts are expecting annual earnings growth of 29.4%, which is higher than its past year's earnings growth of 10.0% per year.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 45.0x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Tires and Rubber industry is expected to see its earnings grow by 7.7% 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 | |
|---|---|---|---|---|---|
| 2105 Cheng Shin Rubber Ind | NT$51.20 | 12.9% +NT$19.0b | 10.3% | PE19.6x | |
| 6605 Depo Auto Parts Industrial | NT$241.00 | 9.5% +NT$3.5b | 72.1% | PE13.4x | |
| 2101 Nankang Rubber TireLtd | NT$48.35 | 6.5% +NT$2.5b | 25.4% | PE12.4x | |
| 1522 TYC Brother Industrial | NT$63.70 | 3.9% +NT$748.7m | 59.6% | PE11.1x | |
| 3552 Tung Thih Electronic | NT$105.50 | 7.1% +NT$659.1m | -19.1% | PE44x |