U.S. Auto Parts and Equipment Industry Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies66
- 7D-3.6%
- 3M-20.1%
- 1Y0.9%
- YTD-3.3%
Over the last 7 days, the Auto Parts and Equipment industry has dropped 4.4%, driven by pullbacks in Aptiv and Mobileye Global of 4.1% and 3.2%, respectively. On the other hand Hesai Group is actually up 6.6%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 39% per annum.
Industry Valuation and Performance
Has the U.S. Auto Parts and Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | US$113.9b | US$135.0b | US$3.6b | 18.6x | 31.3x | 0.8x |
| Thu, 28 Sep 2023 | US$128.6b | US$134.1b | US$3.4b | 20.8x | 38.4x | 1x |
| Sat, 26 Aug 2023 | US$126.8b | US$134.1b | US$3.4b | 20.7x | 37.8x | 0.9x |
| Mon, 24 Jul 2023 | US$141.3b | US$132.4b | US$3.3b | 20.2x | 43x | 1.1x |
| Wed, 21 Jun 2023 | US$128.0b | US$128.5b | US$3.1b | 17.6x | 41.7x | 1x |
| Fri, 19 May 2023 | US$121.5b | US$126.7b | US$2.9b | 17.7x | 41.6x | 1x |
| Sun, 16 Apr 2023 | US$130.4b | US$124.7b | US$3.1b | 20.5x | 42x | 1x |
| Tue, 14 Mar 2023 | US$130.8b | US$124.9b | US$2.9b | 19.8x | 44.7x | 1x |
| Thu, 09 Feb 2023 | US$137.9b | US$126.0b | US$3.0b | 21.4x | 46.6x | 1.1x |
| Sat, 07 Jan 2023 | US$117.7b | US$124.9b | US$2.4b | 17.8x | 50.1x | 0.9x |
| Mon, 05 Dec 2022 | US$121.9b | US$124.4b | US$2.6b | 20.1x | 47.1x | 1x |
| Wed, 02 Nov 2022 | US$91.1b | US$119.2b | US$2.4b | 20.1x | 37.3x | 0.8x |
| Fri, 30 Sep 2022 | US$80.2b | US$117.1b | US$2.5b | 18.3x | 32.6x | 0.7x |
| Sun, 28 Aug 2022 | US$95.5b | US$117.1b | US$2.5b | 21.8x | 38.8x | 0.8x |
| Tue, 26 Jul 2022 | US$95.6b | US$114.1b | US$2.9b | 18.2x | 33.5x | 0.8x |
| Thu, 23 Jun 2022 | US$89.0b | US$115.4b | US$2.7b | 16.3x | 32.9x | 0.8x |
| Sat, 21 May 2022 | US$93.4b | US$115.3b | US$2.7b | 16.9x | 34.7x | 0.8x |
| Mon, 18 Apr 2022 | US$105.8b | US$115.8b | US$2.8b | 17.6x | 37.6x | 0.9x |
| Wed, 16 Mar 2022 | US$106.4b | US$116.1b | US$2.3b | 20.4x | 46.2x | 0.9x |
| Fri, 11 Feb 2022 | US$126.8b | US$115.4b | US$1.2b | 20.9x | 102.1x | 1.1x |
| Sun, 09 Jan 2022 | US$145.4b | US$116.7b | US$2.1b | 20.1x | 68.1x | 1.2x |
| Tue, 07 Dec 2021 | US$143.6b | US$116.7b | US$2.1b | 19.9x | 67.2x | 1.2x |
| Thu, 04 Nov 2021 | US$152.8b | US$116.9b | US$2.4b | 20.5x | 62.8x | 1.3x |
| Sat, 02 Oct 2021 | US$135.0b | US$116.7b | US$2.1b | 16.9x | 64.3x | 1.2x |
| Mon, 30 Aug 2021 | US$136.1b | US$116.8b | US$2.1b | 16.9x | 65.9x | 1.2x |
| Tue, 06 Jul 2021 | US$141.2b | US$113.7b | US$1.6b | 20.3x | 88.4x | 1.2x |
| Fri, 09 Apr 2021 | US$139.9b | US$101.1b | -US$1,000,241,186.99 | 26.8x | -139.8x | 1.4x |
| Thu, 31 Dec 2020 | US$148.4b | US$96.2b | -US$913,418,782.42 | 24.3x | -162.5x | 1.5x |
Price to Earnings Ratio
67.3x
Current Industry PE
- Investors are optimistic on the American Auto Parts and Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 31.5x which is higher than its 3-year average PE of 16.9x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.85x.
Past Earnings Growth
- The earnings for companies in the Auto Parts and Equipment industry have grown 46% per year over the last three years.
- Revenues for these companies have grown 15% 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 | -1.24% | |
| Consumer Discretionary | -0.26% | |
| Auto Components | -3.59% | |
| Auto Parts and Equipment | -3.62% | |
| Tires and Rubber | -2.49% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HSAI Hesai Group | US$10.15 | 6.6% +US$79.1m | n/a | PS5.8x | |
| SMP Standard Motor Products | US$34.65 | 8.8% +US$60.7m | -8.6% | PE11.7x | |
| CPS Cooper-Standard Holdings | US$12.67 | 12.3% +US$23.9m | 33.4% | PS0.08x | |
| PATK Patrick Industries | US$73.55 | 0.8% +US$12.7m | 60.9% | PE10.7x | |
| MPAA Motorcar Parts of America | US$7.23 | 7.6% +US$10.0m | -61.9% | PS0.2x |
