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U.S. Auto Components Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies55
- 7D-3.2%
- 3M-6.0%
- 1Y-26.3%
- YTD-28.6%
Over the last 7 days, the Auto Components industry has dropped 3.2%, driven by a pullback from Aptiv of 7.2%. On the other hand Modine Manufacturing is actually up 6.9%. Overall the industry is down 26% in 12 months. Looking forward, earnings are forecast to grow by 29% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | US$97.0b | US$159.4b | US$2.2b | 19x | 45.1x | 0.6x |
| Fri, 18 Oct 2024 | US$96.9b | US$162.2b | US$6.1b | 19x | 15.8x | 0.6x |
| Sun, 15 Sep 2024 | US$91.4b | US$153.0b | US$6.1b | 18x | 15x | 0.6x |
| Tue, 13 Aug 2024 | US$93.1b | US$152.9b | US$6.1b | 18x | 15.3x | 0.6x |
| Thu, 11 Jul 2024 | US$105.6b | US$153.6b | US$5.0b | 17.7x | 21x | 0.7x |
| Sat, 08 Jun 2024 | US$114.3b | US$153.6b | US$5.0b | 19.5x | 22.7x | 0.7x |
| Mon, 06 May 2024 | US$117.2b | US$154.1b | US$5.0b | 18.4x | 23.5x | 0.8x |
| Wed, 03 Apr 2024 | US$122.5b | US$153.8b | US$5.1b | 19.7x | 24.2x | 0.8x |
| Fri, 01 Mar 2024 | US$117.1b | US$155.6b | US$5.2b | 19.1x | 22.4x | 0.8x |
| Sun, 28 Jan 2024 | US$119.3b | US$156.8b | US$4.5b | 16x | 26.4x | 0.8x |
| Tue, 26 Dec 2023 | US$134.4b | US$156.2b | US$4.3b | 16.9x | 31.2x | 0.9x |
| Thu, 23 Nov 2023 | US$125.3b | US$156.2b | US$4.3b | 15.2x | 29.1x | 0.8x |
| Sat, 21 Oct 2023 | US$123.7b | US$154.9b | US$3.0b | 19.6x | 41.1x | 0.8x |
| Mon, 18 Sep 2023 | US$134.5b | US$154.6b | US$3.0b | 21.2x | 45.1x | 0.9x |
| Wed, 16 Aug 2023 | US$135.2b | US$154.6b | US$2.9b | 20.9x | 46.4x | 0.9x |
| Fri, 14 Jul 2023 | US$148.5b | US$152.7b | US$3.3b | 18.9x | 44.8x | 1x |
| Sun, 11 Jun 2023 | US$133.5b | US$149.4b | US$3.1b | 18.2x | 43.4x | 0.9x |
| Tue, 09 May 2023 | US$124.3b | US$148.2b | US$3.1b | 18x | 39.8x | 0.8x |
| Thu, 06 Apr 2023 | US$129.3b | US$145.5b | US$3.3b | 18x | 39.1x | 0.9x |
| Sat, 04 Mar 2023 | US$144.9b | US$145.7b | US$3.1b | 19.4x | 46.4x | 1x |
| Mon, 30 Jan 2023 | US$133.2b | US$145.5b | US$3.6b | 19x | 37.4x | 0.9x |
| Wed, 28 Dec 2022 | US$115.5b | US$145.0b | US$3.4b | 13.9x | 33.7x | 0.8x |
| Fri, 25 Nov 2022 | US$123.7b | US$144.9b | US$3.4b | 19.9x | 35.9x | 0.9x |
| Sun, 23 Oct 2022 | US$88.4b | US$137.7b | US$3.5b | 17.9x | 25.6x | 0.6x |
| Tue, 20 Sep 2022 | US$97.3b | US$137.2b | US$3.4b | 19.7x | 28.6x | 0.7x |
| Thu, 18 Aug 2022 | US$107.6b | US$137.2b | US$3.4b | 22.6x | 31.7x | 0.8x |
| Sat, 16 Jul 2022 | US$92.1b | US$132.9b | US$3.7b | 13.4x | 24.6x | 0.7x |
| Mon, 13 Jun 2022 | US$99.3b | US$134.3b | US$3.6b | 15.1x | 27.9x | 0.7x |
| Wed, 11 May 2022 | US$95.5b | US$134.1b | US$3.6b | 16.2x | 26.5x | 0.7x |
| Fri, 08 Apr 2022 | US$110.2b | US$133.3b | US$3.6b | 18.3x | 30.7x | 0.8x |
| Sun, 06 Mar 2022 | US$110.8b | US$133.6b | US$3.1b | 20.9x | 36.2x | 0.8x |
| Tue, 01 Feb 2022 | US$132.1b | US$132.3b | US$1.9b | 20.6x | 69.6x | 1x |
| Thu, 30 Dec 2021 | US$148.7b | US$132.8b | US$2.4b | 19.9x | 61.7x | 1.1x |
| Sat, 27 Nov 2021 | US$152.1b | US$132.8b | US$2.4b | 20.3x | 62.6x | 1.1x |
Price to Earnings Ratio
62.6x
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 45.1x which is higher than its 3-year average PE of 34.2x.
- The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have declined 3.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.3% per year.
- This means that although more sales are being generated, 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. Consumer Discretionary industry?
| US Market | -1.19% | |
| Consumer Discretionary | -0.46% | |
| Auto Components | -3.23% | |
| Tires and Rubber | -3.20% | |
| Auto Parts and Equipment | -3.23% | |
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 36.4x.
- Analysts are expecting annual earnings growth of 27.3%, which is higher than its past year's earnings growth of 5.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 91% over the next 5 years.
- In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 27% 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 | |
|---|---|---|---|---|---|
| MOD Modine Manufacturing | US$136.01 | 6.9% +US$457.8m | 163.6% | PE43.6x | |
| WRD WeRide | US$19.29 | 1.3% +US$68.6m | n/a | PS103.8x | |
| QS QuantumScape | US$4.95 | 1.4% +US$35.9m | -12.2% | PB2.3x | |
| CAAS China Automotive Systems | US$4.47 | 1.4% +US$1.8m | 21.5% | PE4.2x |
