Over the last 7 days, the Auto industry has dropped 4.1%, driven by a pullback from Tesla of 4.8%. Meanwhile, XPeng actually outperformed within the industry, gaining 9.0% in the last week. This takes the industry's 12 month performance to a gain of 60%.
Has the U.S. Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | US$1.7t | US$348.6b | US$9.4b | 25.6x |
| Tue, 26 Oct 2021 | US$1.4t | US$357.1b | US$13.9b | 18.7x |
| Thu, 23 Sep 2021 | US$1.1t | US$350.8b | US$12.5b | 15.5x |
| Sat, 21 Aug 2021 | US$1.0t | US$350.8b | US$12.5b | 14.7x |
| Sat, 05 Jun 2021 | US$935.7b | US$317.0b | US$11.6b | 26.8x |
| Tue, 09 Mar 2021 | US$959.2b | US$306.7b | US$4.9b | 38.5x |
| Mon, 30 Nov 2020 | US$837.2b | US$297.8b | US$2.5b | 37.5x |
| Thu, 03 Sep 2020 | US$611.1b | US$291.5b | -US$368,383,998.11 | 42.2x |
| Sun, 07 Jun 2020 | US$256.6b | US$331.0b | US$2.8b | 27.5x |
| Sat, 29 Feb 2020 | US$234.7b | US$338.9b | US$7.3b | 21.8x |
| Tue, 03 Dec 2019 | US$189.7b | US$347.3b | US$11.0b | 21.5x |
| Fri, 06 Sep 2019 | US$168.8b | US$348.4b | US$12.1b | 17.9x |
| Mon, 10 Jun 2019 | US$158.3b | US$347.3b | US$9.4b | 12.3x |
| Sun, 03 Mar 2019 | US$191.2b | US$348.6b | US$9.0b | 11.1x |
| Wed, 05 Dec 2018 | US$191.9b | US$343.9b | US$4.0b | 12.8x |
12.8x
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 24.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Auto industry have grown 33% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the U.S. Auto industry?
| Automobile Manufacturers | -4.14% | |
| Motorcycle Manufacturers | -4.42% | |
Industry PE: Investors are most optimistic about the Motorcycle Manufacturers industry even though it's trading below its 3-year average PE ratio of 219x. However analysts are expecting annual earnings growth of 15%, which is lower than the prior year's growth of 209% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Automobile Manufacturers industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 20.9x.
Forecasted Growth: Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 36% over the next 5 years. However this is lower than its past earnings growth rate of 240% per year. Meanwhile, the Motorcycle Manufacturers industry is expected to see its earnings grow by 15% per year over the next few years.
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| XPEV XPeng | 9.0%+US$3.6b | -20.5% | PS18.3x | |
| NIO NIO | 3.4%+US$2.1b | -25.9% | PS12.4x | |
| LI Li Auto | 5.9%+US$1.8b | -17.9% | PS13.8x | |
| F Ford Motor | 1.9%+US$1.4b | 117.3% | PE27.5x | |
| GOEV Canoo | 22.0%+US$525.0m | -2.7% | PB6.3x |
