Returns At Adient (NYSE:ADNT) Are On The Way Up
Dec 02
U.S. Auto Components Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies69
- 7D-1.5%
- 3M-8.9%
- 1Y-3.0%
- YTD3.5%
Over the last 7 days, the Auto Components industry has dropped 1.5%, driven by a pullback from Mobileye Global of 9.8%. Meanwhile, QuantumScape actually outperformed within the industry, gaining 19% in the last week. Overall the industry is down 3.0% in 12 months. As for the next few years, earnings are expected to grow by 35% per annum.
Industry Valuation and Performance
Has the U.S. Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | US$125.3b | US$156.2b | US$4.3b | 15.6x | 29.1x | 0.8x |
| Tue, 31 Oct 2023 | US$117.3b | US$155.5b | US$3.3b | 18.4x | 35.8x | 0.8x |
| Thu, 28 Sep 2023 | US$132.1b | US$154.6b | US$3.0b | 20.6x | 44.3x | 0.9x |
| Sat, 26 Aug 2023 | US$130.4b | US$154.6b | US$3.0b | 20.7x | 43.7x | 0.8x |
| Mon, 24 Jul 2023 | US$145.7b | US$153.3b | US$3.3b | 20.2x | 44.3x | 1x |
| Wed, 21 Jun 2023 | US$131.8b | US$149.4b | US$3.1b | 17.6x | 42.8x | 0.9x |
| Fri, 19 May 2023 | US$125.5b | US$147.5b | US$2.9b | 17.7x | 42.9x | 0.9x |
| Sun, 16 Apr 2023 | US$133.5b | US$145.5b | US$3.3b | 18.6x | 40.4x | 0.9x |
| Tue, 14 Mar 2023 | US$133.8b | US$145.7b | US$3.1b | 18.3x | 42.8x | 0.9x |
| Thu, 09 Feb 2023 | US$141.1b | US$146.5b | US$3.8b | 21.2x | 36.9x | 1x |
| Sat, 07 Jan 2023 | US$120.8b | US$145.4b | US$3.2b | 12.4x | 37.6x | 0.8x |
| Mon, 05 Dec 2022 | US$125.1b | US$144.9b | US$3.4b | 19.5x | 36.3x | 0.9x |
| Wed, 02 Nov 2022 | US$94.1b | US$139.3b | US$3.4b | 18.6x | 27.8x | 0.7x |
| Fri, 30 Sep 2022 | US$83.2b | US$137.2b | US$3.4b | 17.7x | 24.4x | 0.6x |
| Sun, 28 Aug 2022 | US$99.6b | US$137.2b | US$3.4b | 20.9x | 29.3x | 0.7x |
| Tue, 26 Jul 2022 | US$98.9b | US$133.0b | US$3.7b | 14.5x | 26.7x | 0.7x |
| Thu, 23 Jun 2022 | US$92.1b | US$134.2b | US$3.6b | 14.2x | 25.9x | 0.7x |
| Sat, 21 May 2022 | US$96.6b | US$134.2b | US$3.5b | 14.5x | 27.3x | 0.7x |
| Mon, 18 Apr 2022 | US$109.6b | US$133.3b | US$3.6b | 17.6x | 30.6x | 0.8x |
| Wed, 16 Mar 2022 | US$110.1b | US$133.6b | US$3.1b | 20.4x | 35.9x | 0.8x |
| Fri, 11 Feb 2022 | US$132.9b | US$131.5b | US$1.5b | 20.9x | 87.7x | 1x |
| Sun, 09 Jan 2022 | US$151.6b | US$132.8b | US$2.4b | 20.1x | 62.9x | 1.1x |
| Tue, 07 Dec 2021 | US$149.6b | US$132.8b | US$2.4b | 19.9x | 62.1x | 1.1x |
| Thu, 04 Nov 2021 | US$159.0b | US$131.5b | US$2.6b | 20.5x | 61.8x | 1.2x |
| Sat, 02 Oct 2021 | US$140.2b | US$131.3b | US$2.2b | 17.1x | 62.6x | 1.1x |
| Mon, 30 Aug 2021 | US$140.5b | US$131.4b | US$2.2b | 18x | 63.7x | 1.1x |
| Tue, 06 Jul 2021 | US$145.2b | US$128.3b | US$1.7b | 20.8x | 83.6x | 1.1x |
| Fri, 09 Apr 2021 | US$144.0b | US$113.8b | -US$1,623,063,261.99 | 28.3x | -88.7x | 1.3x |
| Thu, 31 Dec 2020 | US$151.0b | US$108.5b | -US$2,167,246,212.42 | 22.4x | -69.7x | 1.4x |
Price to Earnings Ratio
-121.7x
Current Industry PE
- Investors are optimistic on the American Auto Components industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 29.1x which is higher than its 3-year average PE of 22.7x.
- The industry is trading close to its 3-year average PS ratio of 0.97x.
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 16% 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 Market | 1.15% | |
| Consumer Discretionary | 1.87% | |
| Auto Components | -1.53% | |
| Tires and Rubber | 0.90% | |
| Auto Parts and Equipment | -1.61% | |
Industry PE
- Investors are most optimistic about the Auto Parts and Equipment industry which is trading above its 3-year average PE ratio of 13.4x.
- Analysts are expecting annual earnings growth of 33.0%, which is higher than its past year's earnings growth of 9.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 85% over the next 5 years.
- This is better than its past earnings growth rate of 67% per year.
- In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 33% 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 | |
|---|---|---|---|---|---|
| QS QuantumScape | US$6.83 | 19.2% +US$538.5m | -9.5% | PB2.4x | |
| APTV Aptiv | US$84.01 | 1.1% +US$254.6m | -19.0% | PE10.6x | |
| ALV Autoliv | US$105.04 | 2.5% +US$216.3m | 22.3% | PE21.2x | |
| VC Visteon | US$123.10 | 3.8% +US$126.5m | -17.8% | PE22.2x | |
| LEA Lear | US$136.39 | 1.6% +US$124.7m | -1.6% | PE14.1x |
