U.S. Auto Industry Analysis
UpdatedMay 31, 2024
DataAggregated Company Financials
Companies44
- 7D-0.3%
- 3M-11.8%
- 1Y-12.2%
- YTD-23.2%
Last week, the Auto industry hasn't moved much but Lotus Technology is up 30% in that time. As for the longer term, the industry has declined 12% in the last year. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the U.S. Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 31 May 2024 | US$814.3b | US$509.9b | US$17.5b | 14.7x | 46.6x | 1.6x |
| Sun, 28 Apr 2024 | US$790.3b | US$507.8b | US$17.1b | 16.2x | 46.1x | 1.6x |
| Tue, 26 Mar 2024 | US$806.9b | US$505.6b | US$18.2b | 17.6x | 44.4x | 1.6x |
| Thu, 22 Feb 2024 | US$876.7b | US$500.8b | US$16.6b | 16.6x | 52.8x | 1.8x |
| Sat, 20 Jan 2024 | US$919.4b | US$498.3b | US$13.8b | 15.9x | 66.5x | 1.8x |
| Mon, 18 Dec 2023 | US$1.1t | US$498.7b | US$13.8b | 15.6x | 78.6x | 2.2x |
| Wed, 15 Nov 2023 | US$957.0b | US$497.8b | US$14.1b | 11.5x | 67.9x | 1.9x |
| Fri, 13 Oct 2023 | US$1.1t | US$484.8b | US$12.8b | 12.3x | 85.9x | 2.3x |
| Sun, 10 Sep 2023 | US$1.1t | US$485.8b | US$13.1b | 10.6x | 81.6x | 2.2x |
| Tue, 08 Aug 2023 | US$1.1t | US$483.4b | US$13.6b | 10.4x | 81.1x | 2.3x |
| Thu, 06 Jul 2023 | US$1.2t | US$461.3b | US$11.0b | 9.7x | 108.5x | 2.6x |
| Sat, 03 Jun 2023 | US$925.6b | US$463.8b | US$11.7b | 5.9x | 79.3x | 2x |
| Mon, 01 May 2023 | US$753.2b | US$455.7b | US$6.7b | 6.1x | 112.1x | 1.7x |
| Wed, 29 Mar 2023 | US$832.2b | US$446.8b | US$7.0b | 6.4x | 118.8x | 1.9x |
| Fri, 24 Feb 2023 | US$902.3b | US$448.5b | US$6.8b | 9.4x | 132.1x | 2x |
| Sun, 22 Jan 2023 | US$674.3b | US$425.9b | US$15.7b | 7.3x | 42.9x | 1.6x |
| Tue, 20 Dec 2022 | US$721.0b | US$425.3b | US$16.4b | 7.3x | 43.9x | 1.7x |
| Thu, 17 Nov 2022 | US$863.7b | US$425.7b | US$16.7b | 7.9x | 51.8x | 2x |
| Sat, 15 Oct 2022 | US$879.5b | US$394.7b | US$17.9b | 7.3x | 49.2x | 2.2x |
| Mon, 12 Sep 2022 | US$1.2t | US$395.2b | US$18.0b | 8.7x | 69.3x | 3.2x |
| Wed, 10 Aug 2022 | US$1.2t | US$395.3b | US$17.9b | 8.8x | 68.6x | 3.1x |
| Fri, 08 Jul 2022 | US$1.1t | US$373.7b | US$18.6b | 8.1x | 58.9x | 2.9x |
| Sun, 05 Jun 2022 | US$1.0t | US$372.1b | US$18.0b | 13.9x | 57.3x | 2.8x |
| Tue, 03 May 2022 | US$1.2t | US$370.1b | US$17.1b | 9.1x | 72.8x | 3.4x |
| Thu, 31 Mar 2022 | US$1.5t | US$360.4b | US$21.7b | 9.5x | 69.6x | 4.2x |
| Sat, 26 Feb 2022 | US$1.2t | US$356.4b | US$24.7b | 9.5x | 49.3x | 3.4x |
| Mon, 24 Jan 2022 | US$1.4t | US$351.3b | US$8.7b | 13.7x | 162x | 4x |
| Wed, 22 Dec 2021 | US$1.4t | US$351.2b | US$8.7b | 22.4x | 166.3x | 4.1x |
| Fri, 19 Nov 2021 | US$1.7t | US$348.0b | US$9.4b | 27.3x | 178.2x | 4.8x |
| Sun, 17 Oct 2021 | US$1.2t | US$352.0b | US$12.6b | 18.3x | 97.6x | 3.5x |
| Tue, 14 Sep 2021 | US$1.1t | US$350.9b | US$12.4b | 13.4x | 87.7x | 3.1x |
| Thu, 12 Aug 2021 | US$1.1t | US$350.8b | US$12.5b | 16.2x | 88.1x | 3.1x |
| Mon, 07 Jun 2021 | US$935.7b | US$317.0b | US$11.6b | 26.8x | 80.5x | 3x |
Price to Earnings Ratio
80.5x
Current Industry PE
- Investors are pessimistic on the American Auto 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 46.6x which is lower than its 3-year average PE of 70.4x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Auto industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 17% 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 | -1.23% | |
| Consumer Discretionary | -0.23% | |
| Auto | -0.30% | |
| Automobile Manufacturers | -0.30% | |
| Motorcycle Manufacturers | -0.47% | |
Industry PE
- Investors are most optimistic about the Automobile Manufacturers industry even though it's trading below its 3-year average PE ratio of 81.6x.
- Analysts are expecting annual earnings growth of 12.4%, which is lower than the prior year's growth of 15.0% per year.
- Investors are most pessimistic about the Motorcycle Manufacturers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.2x.
Forecasted Growth
- Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 12% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Motorcycle Manufacturers industry is expected to see its earnings grow by 8.2% 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 | |
|---|---|---|---|---|---|
| NIO NIO | US$5.39 | 11.6% +US$1.2b | -28.7% | PS1.5x | |
| GM General Motors | US$44.99 | 2.0% +US$1.0b | 31.2% | PE4.8x | |
| RIVN Rivian Automotive | US$10.93 | 4.6% +US$482.7m | -24.6% | PS2.2x | |
| ZK ZEEKR Intelligent Technology Holding | US$25.20 | 7.8% +US$450.6m | n/a | PS0.9x | |
| THO THOR Industries | US$99.24 | 3.8% +US$192.0m | 21.1% | PE19.5x |
