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U.S. Auto Components Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies55
  • 7D1.4%
  • 3M-3.6%
  • 1Y-11.1%
  • YTD-13.2%

The Auto Components industry is up 1.4% in the last week, with Modine Manufacturing up 11%. During this same period, the QuantumScape underperformed, falling 6.4%. However, the industry is down 11% over the past year. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024US$113.6bUS$153.5bUS$5.0b18.7x22.9x0.7x
Sun, 24 Mar 2024US$124.0bUS$155.5bUS$5.2b19.8x23.8x0.8x
Tue, 20 Feb 2024US$117.2bUS$155.8bUS$4.8b18.6x24.4x0.8x
Thu, 18 Jan 2024US$114.9bUS$156.2bUS$4.4b16.2x26.2x0.7x
Sat, 16 Dec 2023US$131.0bUS$156.2bUS$4.3b16.1x30.4x0.8x
Mon, 13 Nov 2023US$116.2bUS$156.2bUS$4.3b14.2x27.1x0.7x
Wed, 11 Oct 2023US$132.8bUS$154.6bUS$3.0b20.7x44.5x0.9x
Fri, 08 Sep 2023US$132.2bUS$154.6bUS$3.0b21.1x44.3x0.9x
Sun, 06 Aug 2023US$141.8bUS$156.6bUS$3.3b17.2x42.8x0.9x
Tue, 04 Jul 2023US$139.6bUS$152.7bUS$3.3b17.6x42.1x0.9x
Thu, 01 Jun 2023US$130.4bUS$149.4bUS$3.1b16.9x42.4x0.9x
Sat, 29 Apr 2023US$127.2bUS$146.7bUS$3.3b16.5x38.5x0.9x
Mon, 27 Mar 2023US$131.5bUS$145.6bUS$3.3b18.1x40.4x0.9x
Wed, 22 Feb 2023US$142.7bUS$145.4bUS$3.2b18.4x44.9x1x
Fri, 20 Jan 2023US$124.2bUS$145.0bUS$3.4b17.3x36.2x0.9x
Sun, 18 Dec 2022US$116.8bUS$145.0bUS$3.4b14.6x34.1x0.8x
Tue, 15 Nov 2022US$101.1bUS$143.3bUS$3.1b20.8x32.1x0.7x
Thu, 13 Oct 2022US$84.8bUS$137.2bUS$3.4b18.1x24.9x0.6x
Sat, 10 Sep 2022US$99.2bUS$137.2bUS$3.4b20x29.1x0.7x
Mon, 08 Aug 2022US$100.5bUS$137.1bUS$3.5b17.2x29x0.7x
Wed, 06 Jul 2022US$91.5bUS$132.9bUS$3.7b13.9x24.5x0.7x
Fri, 03 Jun 2022US$104.6bUS$134.3bUS$3.6b15.8x29.4x0.8x
Sun, 01 May 2022US$106.7bUS$134.0bUS$3.5b17.8x30.6x0.8x
Tue, 29 Mar 2022US$117.0bUS$133.3bUS$3.6b19.9x32.7x0.9x
Thu, 24 Feb 2022US$129.0bUS$133.2bUS$2.9b23.9x44.8x1x
Sat, 22 Jan 2022US$133.1bUS$132.8bUS$2.0b18.4x65.6x1x
Mon, 20 Dec 2021US$144.5bUS$132.8bUS$2.4b19.3x59.9x1.1x
Wed, 17 Nov 2021US$165.4bUS$132.5bUS$2.9b23.4x56.3x1.2x
Fri, 15 Oct 2021US$149.3bUS$131.3bUS$2.2b19x66.7x1.1x
Sun, 12 Sep 2021US$134.9bUS$131.4bUS$2.2b16.2x62.1x1x
Tue, 10 Aug 2021US$151.5bUS$131.4bUS$2.2b18.3x68.7x1.2x
Mon, 03 May 2021US$145.5bUS$114.8b-US$1,462,829,261.9927.2x-99.5x1.3x
Price to Earnings Ratio

-99.5x


Total Market Cap: US$145.5bTotal Earnings: -US$1,462,829,261.99Total Revenue: US$114.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Auto Components Industry Price to Earnings3Y Average 33.6x202220232024
Current Industry PE
  • Investors are pessimistic on the American 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 22.9x which is lower than its 3-year average PE of 33.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
  • Total earnings for the Auto Components industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 10% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Consumer Discretionary industry?

US Market0.97%
Consumer Discretionary1.65%
Auto Components1.38%
Auto Parts and Equipment1.41%
Tires and Rubber0.26%
Industry PE
  • Investors are most optimistic about the Auto Parts and Equipment industry even though it's trading below its 3-year average PE ratio of 32.8x.
    • Analysts are expecting annual earnings growth of 17.3%, which is higher than its past year's earnings growth of 6.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 74% over the next 5 years.
  • In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MOD Modine ManufacturingUS$92.8310.8%
+US$473.5m
346.3%PE21.5x
GNTX GentexUS$34.653.2%
+US$247.5m
31.5%PE19x
APTV AptivUS$70.131.2%
+US$220.9m
-31.0%PE6.6x
BWA BorgWarnerUS$32.822.2%
+US$164.0m
-31.1%PE12x
GTX Garrett MotionUS$9.886.7%
+US$140.9m
18.9%PS0.6x
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HLLY

US$4.07

Holley

7D

-2.4%

1Y

79.3%

GTX

US$9.88

Garrett Motion

7D

6.7%

1Y

18.9%

BWA

US$32.82

BorgWarner

7D

2.2%

1Y

-31.1%

FOXF

US$39.37

Fox Factory Holding

7D

-3.4%

1Y

-64.8%

SUP

US$3.70

Superior Industries International

7D

-7.0%

1Y

-24.0%

QS

US$5.10

QuantumScape

7D

-6.4%

1Y

-29.4%

THRM

US$50.01

Gentherm

7D

-0.4%

1Y

-12.5%

MBLY

US$30.90

Mobileye Global

7D

-0.3%

1Y

-14.5%

ECX

US$1.60

ECARX Holdings

7D

-3.0%

1Y

-67.1%