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U.S. Auto Parts and Equipment Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies49
  • 7D-8.3%
  • 3M-9.2%
  • 1Y-26.8%
  • YTDn/a

Over the last 7 days, the Auto Parts and Equipment industry has dropped 8.7%, driven by a pullback from Mobileye Global of 15%. Meanwhile, China Automotive Systems actually outperformed within the industry, gaining 26% in the last week. The industry has fallen 27% in the last year. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the U.S. Auto Parts and Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024US$100.3bUS$134.0bUS$5.8b19.1x17.4x0.7x
Sun, 23 Jun 2024US$106.0bUS$134.0bUS$5.7b18.3x18.7x0.8x
Tue, 21 May 2024US$114.7bUS$134.0bUS$5.7b19.3x20x0.9x
Thu, 18 Apr 2024US$108.8bUS$133.7bUS$5.8b18.4x18.7x0.8x
Sat, 16 Mar 2024US$113.9bUS$135.5bUS$5.9b19.6x19.3x0.8x
Mon, 12 Feb 2024US$113.9bUS$134.1bUS$5.3b17.8x21.3x0.8x
Wed, 10 Jan 2024US$116.8bUS$135.9bUS$4.9b16.7x23.9x0.9x
Fri, 08 Dec 2023US$120.3bUS$135.9bUS$4.8b15.6x25x0.9x
Sun, 05 Nov 2023US$114.7bUS$135.8bUS$4.9b15.1x23.5x0.8x
Tue, 03 Oct 2023US$131.5bUS$134.1bUS$3.4b20.8x39.2x1x
Thu, 31 Aug 2023US$130.0bUS$134.1bUS$3.3b21.3x38.8x1x
Sat, 29 Jul 2023US$139.7bUS$132.2bUS$3.2b20.4x43.3x1.1x
Mon, 26 Jun 2023US$125.5bUS$128.5bUS$3.1b17.1x40.8x1x
Wed, 24 May 2023US$121.7bUS$126.7bUS$2.9b17.5x41.7x1x
Fri, 21 Apr 2023US$132.2bUS$124.7bUS$3.1b20x42.6x1.1x
Sun, 19 Mar 2023US$130.0bUS$124.8bUS$3.0b19.8x43x1x
Tue, 14 Feb 2023US$137.9bUS$126.5bUS$3.1b21x44.1x1.1x
Thu, 12 Jan 2023US$122.0bUS$124.9bUS$2.3b18.3x51.9x1x
Sat, 10 Dec 2022US$115.7bUS$124.5bUS$2.6b18.1x45x0.9x
Mon, 07 Nov 2022US$90.5bUS$122.7bUS$2.3b20.1x39.1x0.7x
Wed, 05 Oct 2022US$86.8bUS$117.1bUS$2.5b19.3x35.3x0.7x
Fri, 02 Sep 2022US$92.9bUS$117.1bUS$2.5b20.7x37.8x0.8x
Sun, 31 Jul 2022US$99.7bUS$114.9bUS$2.8b19x36x0.9x
Tue, 28 Jun 2022US$93.3bUS$115.4bUS$2.7b16.9x34.5x0.8x
Thu, 26 May 2022US$93.1bUS$115.3bUS$2.7b17x34.7x0.8x
Sat, 23 Apr 2022US$103.7bUS$115.8bUS$2.8b18x36.8x0.9x
Mon, 21 Mar 2022US$115.0bUS$116.1bUS$2.3b21.4x49.9x1x
Wed, 16 Feb 2022US$131.9bUS$116.0bUS$1.2b25x108.3x1.1x
Fri, 14 Jan 2022US$144.5bUS$116.7bUS$1.8b20.5x82.3x1.2x
Sun, 12 Dec 2021US$145.5bUS$116.7bUS$2.1b20.2x68.1x1.2x
Tue, 09 Nov 2021US$154.1bUS$117.2bUS$1.7b20x88.3x1.3x
Thu, 07 Oct 2021US$134.6bUS$116.7bUS$2.1b17.4x64.1x1.2x
Sat, 04 Sep 2021US$133.6bUS$116.8bUS$2.1b17x64.7x1.1x
Mon, 02 Aug 2021US$145.8bUS$116.8bUS$2.1b17.3x70.6x1.2x
Price to Earnings Ratio

70.6x


Total Market Cap: US$145.8bTotal Earnings: US$2.1bTotal Revenue: US$116.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Auto Parts and Equipment Industry Price to Earnings3Y Average 41.4x202220232024
Current Industry PE
  • Investors are pessimistic on the American Auto Parts and Equipment 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 18.0x which is lower than its 3-year average PE of 41.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
  • The earnings for companies in the Auto Parts and Equipment industry have grown 41% per year over the last three years.
  • Revenues for these companies have grown 4.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Auto Parts and Equipment compare with similar industries?

US Market-2.42%
Consumer Discretionary-3.87%
Auto Components-8.20%
Auto Parts and Equipment-8.34%
Tires and Rubber-3.98%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
LCII LCI IndustriesUS$116.056.9%
+US$191.1m		-13.7%PE31.6x
PATK Patrick IndustriesUS$126.006.8%
+US$180.6m		46.9%PE19.1x
FOXF Fox Factory HoldingUS$52.088.5%
+US$169.8m		-52.1%PE28.7x
LEA LearUS$121.412.7%
+US$118.4m		-21.4%PE12.6x
ALV AutolivUS$99.031.4%
+US$109.7m		-1.4%PE12.7x
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Latest News

LEA

US$121.41

Lear

7D

2.7%

1Y

-21.4%

GTX

US$8.76

Garrett Motion

7D

-7.6%

1Y

9.0%

MOD

US$104.15

Modine Manufacturing

7D

-2.8%

1Y

189.3%

Modine Manufacturing: Entering Unsustainable Territory Now

Jul 24

LCII

US$116.05

LCI Industries

7D

6.9%

1Y

-13.7%

MBLY

US$21.22

Mobileye Global

7D

-14.0%

1Y

-43.7%

Mobileye Global: Sensing Opportunities Here

Jul 22

ALV

US$99.03

Autoliv

7D

1.4%

1Y

-1.4%

APTV

US$68.74

Aptiv

7D

-0.2%

1Y

-37.0%

An Intrinsic Calculation For Aptiv PLC (NYSE:APTV) Suggests It's 41% Undervalued

Jul 20
An Intrinsic Calculation For Aptiv PLC (NYSE:APTV) Suggests It's 41% Undervalued

PATK

US$126.00

Patrick Industries

7D

6.8%

1Y

46.9%

GNTX

US$31.20

Gentex

7D

-6.4%

1Y

-5.1%

Should You Investigate Gentex Corporation (NASDAQ:GNTX) At US$34.74?

Jul 18
Should You Investigate Gentex Corporation (NASDAQ:GNTX) At US$34.74?

PHIN

US$44.40

PHINIA

7D

-1.0%

1Y

62.4%

Returns At PHINIA (NYSE:PHIN) Appear To Be Weighed Down

Jul 18
Returns At PHINIA (NYSE:PHIN) Appear To Be Weighed Down

FOXF

US$52.08

Fox Factory Holding

7D

8.5%

1Y

-52.1%

VC

US$111.53

Visteon

7D

3.3%

1Y

-26.8%

Visteon: Invest In EV And New-Age Electronics Growth

Jul 16

ADNT

US$25.07

Adient

7D

2.3%

1Y

-40.3%

QS

US$7.04

QuantumScape

7D

-13.3%

1Y

-46.9%

QuantumScape: Wait For A Dip Following VW Excitement

Jul 11

XPEL

US$39.63

XPEL

7D

7.8%

1Y

-49.7%

XPEL (NASDAQ:XPEL) Will Be Hoping To Turn Its Returns On Capital Around

Jul 04
XPEL (NASDAQ:XPEL) Will Be Hoping To Turn Its Returns On Capital Around

ECX

US$1.69

ECARX Holdings

7D

-6.1%

1Y

-66.1%