Why Tesla's (NASDAQ:TSLA) Shaky Earnings Are Just The Beginning Of Its Problems
Oct 30
U.S. Automobile Manufacturers Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies36
- 7D-2.6%
- 3M-23.7%
- 1Y-10.3%
- YTD56.1%
Over the last 7 days, the Automobile Manufacturers industry has dropped 2.6%, driven by a pullback from Tesla of 2.3%. In contrast, Li Auto has gained 7.8%. Overall the industry is down 10% in 12 months. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the U.S. Automobile Manufacturers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | US$886.3b | US$486.0b | US$12.5b | 12.1x | 70.9x | 1.8x |
| Wed, 27 Sep 2023 | US$1.0t | US$477.9b | US$12.2b | 13.2x | 84.4x | 2.2x |
| Fri, 25 Aug 2023 | US$992.7b | US$479.4b | US$12.9b | 11.4x | 77x | 2.1x |
| Sun, 23 Jul 2023 | US$1.1t | US$462.6b | US$10.9b | 14.8x | 102x | 2.4x |
| Tue, 20 Jun 2023 | US$1.1t | US$455.3b | US$10.5b | 14.5x | 103.8x | 2.4x |
| Thu, 18 May 2023 | US$780.6b | US$457.6b | US$10.9b | 10.8x | 71.6x | 1.7x |
| Sat, 15 Apr 2023 | US$819.9b | US$440.2b | US$6.6b | 5.7x | 124.5x | 1.9x |
| Mon, 13 Mar 2023 | US$775.1b | US$440.7b | US$6.7b | 5.7x | 115.5x | 1.8x |
| Wed, 08 Feb 2023 | US$898.0b | US$441.9b | US$6.0b | 6.5x | 150.1x | 2x |
| Fri, 06 Jan 2023 | US$586.1b | US$418.9b | US$15.9b | 5.6x | 36.8x | 1.4x |
| Sun, 04 Dec 2022 | US$896.4b | US$419.4b | US$16.4b | 6.4x | 54.6x | 2.1x |
| Tue, 01 Nov 2022 | US$966.1b | US$414.9b | US$17.5b | 6.2x | 55.1x | 2.3x |
| Thu, 29 Sep 2022 | US$1.2t | US$388.4b | US$17.7b | 5.6x | 66x | 3x |
| Sat, 27 Aug 2022 | US$1.2t | US$390.1b | US$16.9b | 6.4x | 72.3x | 3.1x |
| Mon, 25 Jul 2022 | US$1.2t | US$368.4b | US$17.5b | 5.7x | 66.6x | 3.2x |
| Wed, 22 Jun 2022 | US$1.0t | US$367.1b | US$18.1b | 14.1x | 57.1x | 2.8x |
| Fri, 20 May 2022 | US$1.0t | US$364.9b | US$17.7b | 13.6x | 57x | 2.8x |
| Sun, 17 Apr 2022 | US$1.3t | US$354.3b | US$21.1b | 5.9x | 63.9x | 3.8x |
| Tue, 15 Mar 2022 | US$1.1t | US$352.6b | US$21.2b | 6x | 51.3x | 3.1x |
| Thu, 10 Feb 2022 | US$1.4t | US$350.6b | US$24.1b | 7.5x | 57.3x | 3.9x |
| Sat, 08 Jan 2022 | US$1.6t | US$345.6b | US$8.2b | 18.2x | 190x | 4.5x |
| Mon, 06 Dec 2021 | US$1.5t | US$343.8b | US$8.9b | 22.2x | 172.7x | 4.5x |
| Wed, 03 Nov 2021 | US$1.6t | US$341.5b | US$11.2b | 25.1x | 145.7x | 4.8x |
| Fri, 01 Oct 2021 | US$1.1t | US$346.7b | US$12.1b | 16.5x | 92.9x | 3.2x |
| Sun, 29 Aug 2021 | US$1.1t | US$345.5b | US$12.0b | 15.5x | 88.2x | 3.1x |
| Mon, 05 Jul 2021 | US$1.0t | US$345.5b | US$15.6b | 17.3x | 65.7x | 3x |
| Thu, 08 Apr 2021 | US$954.5b | US$310.1b | US$11.2b | 17.8x | 85.4x | 3.1x |
| Sun, 10 Jan 2021 | US$960.3b | US$301.3b | US$4.7b | 26.7x | 203.8x | 3.2x |
Price to Earnings Ratio
238.7x
Current Industry PE
- Investors are pessimistic on the American Automobile Manufacturers 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 70.9x which is lower than its 3-year average PE of 108x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Automobile Manufacturers industry have grown 75% per year over the last three years.
- Revenues for these companies have grown 18% 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. Automobile Manufacturers compare with similar industries?
| US Market | -2.42% | |
| Consumer Discretionary | -0.39% | |
| Auto | -2.63% | |
| Automobile Manufacturers | -2.61% | |
| Motorcycle Manufacturers | -5.76% | |
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 | |
|---|---|---|---|---|---|
| LI Li Auto | US$34.99 | 7.8% +US$2.5b | 156.9% | PE139.5x | |
| VFS VinFast Auto | US$5.32 | 10.8% +US$1.2b | -46.2% | PS13.5x | |
| XPEV XPeng | US$14.70 | 5.7% +US$681.7m | 122.1% | PS4.4x | |
| MULN Mullen Automotive | US$0.28 | 25.2% +US$10.4m | -99.7% | PS167.5x | |
| GOEV Canoo | US$0.26 | -5.2% US$4.3m | -80.7% | PB0.8x |
