Header cover image

U.S. Auto Components Industry Analysis

UpdatedJun 01, 2024
DataAggregated Company Financials
Companies52
  • 7D0.8%
  • 3M-0.005%
  • 1Y-12.5%
  • YTD-11.6%

Over the last 7 days, the Auto Components industry has remained flat. As for the longer term, the industry has declined 13% in the last year. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Jun 2024US$115.1bUS$153.6bUS$5.0b20.2x22.9x0.7x
Mon, 29 Apr 2024US$114.2bUS$153.7bUS$5.0b18.5x22.7x0.7x
Wed, 27 Mar 2024US$123.4bUS$155.5bUS$5.2b19.7x23.7x0.8x
Fri, 23 Feb 2024US$115.1bUS$155.7bUS$5.2b18.2x21.9x0.7x
Sun, 21 Jan 2024US$115.0bUS$156.2bUS$4.4b16.9x26.2x0.7x
Tue, 19 Dec 2023US$131.0bUS$156.2bUS$4.3b16.2x30.4x0.8x
Thu, 16 Nov 2023US$122.8bUS$156.2bUS$4.3b15.3x28.7x0.8x
Sat, 14 Oct 2023US$125.3bUS$154.6bUS$3.0b20.1x42x0.8x
Mon, 11 Sep 2023US$132.7bUS$154.6bUS$3.0b21.1x44.5x0.9x
Wed, 09 Aug 2023US$144.0bUS$156.1bUS$3.2b22x45.1x0.9x
Fri, 07 Jul 2023US$138.5bUS$152.7bUS$3.3b17.1x41.7x0.9x
Sun, 04 Jun 2023US$132.6bUS$149.4bUS$3.1b17.6x43.1x0.9x
Tue, 02 May 2023US$126.5bUS$146.7bUS$3.3b16.6x38.3x0.9x
Thu, 30 Mar 2023US$134.4bUS$145.6bUS$3.3b18.5x41.3x0.9x
Sat, 25 Feb 2023US$138.8bUS$145.5bUS$3.1b18.6x44.2x1x
Mon, 23 Jan 2023US$127.0bUS$145.0bUS$3.4b18.6x37x0.9x
Wed, 21 Dec 2022US$116.0bUS$145.0bUS$3.4b13.8x33.8x0.8x
Fri, 18 Nov 2022US$122.4bUS$144.9bUS$3.4b19.5x35.5x0.8x
Sun, 16 Oct 2022US$84.2bUS$137.2bUS$3.4b18x24.7x0.6x
Tue, 13 Sep 2022US$101.7bUS$137.2bUS$3.4b20.5x29.9x0.7x
Thu, 11 Aug 2022US$106.5bUS$137.2bUS$3.4b20.9x31.4x0.8x
Sat, 09 Jul 2022US$93.9bUS$132.9bUS$3.7b13.6x25.1x0.7x
Mon, 06 Jun 2022US$104.0bUS$134.3bUS$3.6b15.5x29.2x0.8x
Wed, 04 May 2022US$105.2bUS$132.3bUS$3.7b18.1x28.3x0.8x
Fri, 01 Apr 2022US$119.7bUS$133.3bUS$3.6b19.4x33.4x0.9x
Sun, 27 Feb 2022US$128.8bUS$133.5bUS$2.9b24.5x44.9x1x
Tue, 25 Jan 2022US$133.1bUS$132.8bUS$2.0b18.7x65.6x1x
Thu, 23 Dec 2021US$146.2bUS$132.8bUS$2.4b19.2x60.6x1.1x
Sat, 20 Nov 2021US$162.0bUS$132.8bUS$2.4b21.5x66.6x1.2x
Mon, 18 Oct 2021US$150.0bUS$131.3bUS$2.2b19.2x67x1.1x
Wed, 15 Sep 2021US$138.5bUS$131.4bUS$2.2b16.9x63.8x1.1x
Fri, 13 Aug 2021US$148.1bUS$131.4bUS$2.2b17.3x67.1x1.1x
Tue, 08 Jun 2021US$146.8bUS$114.8b-US$1,462,829,261.9928.2x-100.4x1.3x
Price to Earnings Ratio

-100.4x


Total Market Cap: US$146.8bTotal 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 40.9x202220232024
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 40.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.88x.
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 Market-0.63%
Consumer Discretionary-0.47%
Auto Components0.82%
Auto Parts and Equipment0.85%
Tires and Rubber-0.25%
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 43.9x.
    • Analysts are expecting annual earnings growth of 17.8%, which is higher than its past year's earnings growth of 12.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 61% over the next 5 years.
  • In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 18% 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
APTV AptivUS$83.260.9%
+US$193.2m
-11.1%PE7.6x
ALV AutolivUS$127.571.5%
+US$149.7m
50.3%PE19.2x
THRM GenthermUS$53.949.6%
+US$149.7m
-5.7%PE36.2x
GNTX GentexUS$35.001.9%
+US$148.0m
28.3%PE18.7x
ADNT AdientUS$28.243.7%
+US$89.8m
-20.8%PE16.1x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

GNTX

US$35.00

Gentex

7D

1.9%

1Y

28.3%

BWA

US$35.66

BorgWarner

7D

-0.08%

1Y

-25.2%

GT

US$12.31

Goodyear Tire & Rubber

7D

-0.2%

1Y

-8.4%

REE

US$4.32

REE Automotive

7D

-13.1%

1Y

-62.1%

APTV

US$83.26

Aptiv

7D

0.9%

1Y

-11.1%

MTEN

US$5.25

Mingteng International

7D

-16.5%

1Y

n/a