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U.S. Auto Components Industry Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies64
  • 7D-7.2%
  • 3M6.6%
  • 1Y16.5%
  • YTD2.1%

Over the last 7 days, the Auto Components industry has dropped 7.2%, driven by a decline by Aptiv of 5.8%. Meanwhile, REE Automotive actually outperformed within the industry, gaining 11% in the last week. This takes the industry's 12 month performance to a gain of 16%.

Industry Valuation and Performance

Has the U.S. Auto Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021US$147.9bUS$132.8bUS$2.4b19.7x
Fri, 29 Oct 2021US$147.6bUS$131.3bUS$2.6b19.4x
Sun, 26 Sep 2021US$141.1bUS$131.3bUS$2.2b17.9x
Tue, 24 Aug 2021US$142.5bUS$131.4bUS$2.2b17.2x
Wed, 30 Jun 2021US$145.2bUS$128.3bUS$1.7b20.8x
Sat, 03 Apr 2021US$144.0bUS$113.8b-US$1,623,063,261.9928.3x
Tue, 05 Jan 2021US$151.0bUS$108.5b-US$2,167,246,212.4222.4x
Fri, 09 Oct 2020US$75.9bUS$100.2b-US$497,133,258.1733.1x
Thu, 02 Jul 2020US$69.9bUS$103.2bUS$158.8m22.8x
Sun, 05 Apr 2020US$47.8bUS$138.8bUS$943.7m8.5x
Wed, 08 Jan 2020US$85.9bUS$143.1bUS$1.9b16.6x
Tue, 01 Oct 2019US$78.9bUS$145.2bUS$2.8b15.8x
Fri, 05 Jul 2019US$80.9bUS$143.0bUS$2.2b12.8x
Mon, 08 Apr 2019US$78.7bUS$142.5bUS$3.4b14.1x
Thu, 10 Jan 2019US$72.4bUS$142.4bUS$4.3b11.7x
PE Ratio

12.7x

Total Market Cap: US$83.9bTotal Earnings: US$4.2bTotal Revenue: US$141.0b0%0%0%3 Year10 Year
201920202021

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 19.2x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Auto Components industry have declined 17% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, 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 U.S. Auto Components industry?

Auto Parts and Equipment-7.05%
Tires and Rubber-10.14%

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 18.9x. However analysts are expecting annual earnings growth of 28%, which is lower than the prior year's growth of 94% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 46.6x.

Forecasted Growth: Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 74% over the next 5 years. Meanwhile, the Auto Parts and Equipment industry is expected to see its earnings grow by 28% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
REE REE Automotive11.3%+US$131.6mn/aPS23000x
VNE Veoneer0.3%+US$10.1m75.7%PS2.4x
WKSP Worksport4.2%+US$2.7m20.1%PS165.1x
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Latest News

ADNT

US$42.45

Adient

7D

-12.9%

1Y

28.2%

QS

US$28.84

QuantumScape

7D

-10.9%

1Y

-18.6%

APTV

US$160.35

Aptiv

7D

-5.8%

1Y

31.2%

VNE

US$35.60

Veoneer

7D

0.3%

1Y

75.7%