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U.S. Auto Components Industry Analysis
UpdatedSep 01, 2024
DataAggregated Company Financials
Companies51
- 7D-0.2%
- 3M-15.1%
- 1Y-26.5%
- YTD-24.2%
In the last week, Auto Components has been flat. As for the longer term, the industry has declined 27% in the last year. As for the next few years, earnings are expected to grow by 15% 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, 01 Sep 2024 | US$98.6b | US$153.0b | US$6.1b | 19.3x | 16.2x | 0.6x |
| Tue, 30 Jul 2024 | US$104.8b | US$153.6b | US$5.1b | 19.4x | 20.4x | 0.7x |
| Thu, 27 Jun 2024 | US$107.8b | US$153.6b | US$5.0b | 18x | 21.4x | 0.7x |
| Sat, 25 May 2024 | US$114.4b | US$153.6b | US$5.0b | 19.6x | 22.8x | 0.7x |
| Mon, 22 Apr 2024 | US$112.1b | US$153.8b | US$5.1b | 17.8x | 21.9x | 0.7x |
| Wed, 20 Mar 2024 | US$118.8b | US$155.5b | US$5.2b | 19.9x | 22.8x | 0.8x |
| Fri, 16 Feb 2024 | US$117.2b | US$155.7b | US$4.8b | 18.7x | 24.2x | 0.8x |
| Sun, 14 Jan 2024 | US$117.5b | US$156.2b | US$4.4b | 16.3x | 26.8x | 0.8x |
| Tue, 12 Dec 2023 | US$125.6b | US$156.2b | US$4.3b | 15.3x | 29.1x | 0.8x |
| Thu, 09 Nov 2023 | US$117.3b | US$156.0b | US$4.2b | 14x | 27.8x | 0.8x |
| Sat, 07 Oct 2023 | US$133.0b | US$154.6b | US$3.0b | 20.5x | 44.6x | 0.9x |
| Mon, 04 Sep 2023 | US$137.1b | US$154.6b | US$3.0b | 21.5x | 46x | 0.9x |
| Wed, 02 Aug 2023 | US$147.5b | US$154.0b | US$3.3b | 18.8x | 44.3x | 1x |
| Fri, 30 Jun 2023 | US$136.1b | US$152.7b | US$3.3b | 17.6x | 40.7x | 0.9x |
| Sun, 28 May 2023 | US$132.5b | US$149.4b | US$3.1b | 17.4x | 43.1x | 0.9x |
| Tue, 25 Apr 2023 | US$135.8b | US$145.9b | US$3.3b | 18x | 41.2x | 0.9x |
| Thu, 23 Mar 2023 | US$131.8b | US$145.6b | US$3.2b | 17.9x | 40.6x | 0.9x |
| Sat, 18 Feb 2023 | US$148.4b | US$145.1b | US$3.4b | 18.4x | 43.9x | 1x |
| Mon, 16 Jan 2023 | US$125.9b | US$145.0b | US$3.4b | 16.9x | 36.7x | 0.9x |
| Wed, 14 Dec 2022 | US$121.8b | US$145.0b | US$3.4b | 15.8x | 35.5x | 0.8x |
| Fri, 11 Nov 2022 | US$100.0b | US$143.3b | US$3.2b | 20.7x | 31.7x | 0.7x |
| Sun, 09 Oct 2022 | US$86.3b | US$137.2b | US$3.4b | 18.5x | 25.3x | 0.6x |
| Tue, 06 Sep 2022 | US$95.1b | US$137.2b | US$3.4b | 19.8x | 27.9x | 0.7x |
| Thu, 04 Aug 2022 | US$105.5b | US$134.6b | US$3.6b | 15.2x | 29.4x | 0.8x |
| Sat, 02 Jul 2022 | US$91.4b | US$132.9b | US$3.7b | 14.1x | 24.5x | 0.7x |
| Mon, 30 May 2022 | US$103.3b | US$134.3b | US$3.6b | 15.3x | 29.1x | 0.8x |
| Wed, 27 Apr 2022 | US$104.1b | US$133.2b | US$3.5b | 17x | 29.9x | 0.8x |
| Fri, 25 Mar 2022 | US$117.2b | US$133.6b | US$3.5b | 20.3x | 33.9x | 0.9x |
| Sun, 20 Feb 2022 | US$132.7b | US$133.1b | US$2.9b | 24.8x | 46x | 1x |
| Tue, 18 Jan 2022 | US$149.7b | US$132.8b | US$2.0b | 20.6x | 73.7x | 1.1x |
| Thu, 16 Dec 2021 | US$147.7b | US$132.8b | US$2.4b | 19.6x | 61.3x | 1.1x |
| Sat, 13 Nov 2021 | US$163.0b | US$132.6b | US$2.9b | 22.2x | 55.6x | 1.2x |
| Mon, 11 Oct 2021 | US$145.8b | US$131.3b | US$2.2b | 18.6x | 65.1x | 1.1x |
| Wed, 08 Sep 2021 | US$134.9b | US$131.4b | US$2.2b | 16.3x | 62.1x | 1x |
Price to Earnings Ratio
62.1x
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 16.2x which is lower than its 3-year average PE of 37.1x.
- The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 41% per year over the last three years.
- Revenues for these companies have grown 5.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Consumer Discretionary industry?
| US Market | 0.066% | |
| Consumer Discretionary | -1.50% | |
| Auto Components | -0.20% | |
| Auto Parts and Equipment | -0.18% | |
| Tires and Rubber | -0.79% | |
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 39.7x.
- Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings decline of 0.008% 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.
- In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 13% 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$121.55 | 1.8% +US$111.6m | 148.3% | PE38.8x | |
| ADNT Adient | US$22.62 | 3.8% +US$71.5m | -44.1% | PE26.7x | |
| ECX ECARX Holdings | US$1.80 | 8.4% +US$47.3m | -55.2% | PS0.8x | |
| DORM Dorman Products | US$113.42 | 1.4% +US$47.1m | 34.5% | PE20.4x | |
| ALV Autoliv | US$102.47 | 0.4% +US$29.6m | 3.8% | PE13.1x |
