Japanese (NIKKEI) Auto Components Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies113
- 7D0.6%
- 3M-3.2%
- 1Y23.1%
- YTD33.5%
Over the last 7 days, the Auto Components industry has dropped 1.7%, driven by Bridgestone declining 1.7%. Over the past 12 months, the industry was up 20%. Looking forward, earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Japanese Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | JP¥22.1t | JP¥42.9t | JP¥1.5t | 9.9x | 14.4x | 0.5x |
| Wed, 27 Sep 2023 | JP¥23.7t | JP¥42.8t | JP¥1.5t | 10.9x | 15.6x | 0.6x |
| Fri, 25 Aug 2023 | JP¥22.2t | JP¥42.8t | JP¥1.5t | 10.2x | 14.7x | 0.5x |
| Sun, 23 Jul 2023 | JP¥22.2t | JP¥41.3t | JP¥1.3t | 12x | 16.9x | 0.5x |
| Tue, 20 Jun 2023 | JP¥22.0t | JP¥41.2t | JP¥1.3t | 11.5x | 16.8x | 0.5x |
| Thu, 18 May 2023 | JP¥20.3t | JP¥41.2t | JP¥1.3t | 10.9x | 15.3x | 0.5x |
| Sat, 15 Apr 2023 | JP¥18.8t | JP¥39.9t | JP¥1.3t | 11.8x | 14.5x | 0.5x |
| Mon, 13 Mar 2023 | JP¥19.3t | JP¥39.9t | JP¥1.3t | 12x | 14.9x | 0.5x |
| Wed, 08 Feb 2023 | JP¥18.1t | JP¥39.1t | JP¥1.3t | 9.2x | 13.4x | 0.5x |
| Fri, 06 Jan 2023 | JP¥16.6t | JP¥38.2t | JP¥1.4t | 8.5x | 12x | 0.4x |
| Sun, 04 Dec 2022 | JP¥18.0t | JP¥38.1t | JP¥1.4t | 8.9x | 13.2x | 0.5x |
| Tue, 01 Nov 2022 | JP¥18.3t | JP¥36.8t | JP¥1.3t | 9.2x | 14.3x | 0.5x |
| Thu, 29 Sep 2022 | JP¥17.2t | JP¥35.8t | JP¥1.2t | 9.3x | 14x | 0.5x |
| Sat, 27 Aug 2022 | JP¥19.1t | JP¥35.7t | JP¥1.2t | 9.8x | 15.5x | 0.5x |
| Mon, 25 Jul 2022 | JP¥18.9t | JP¥35.1t | JP¥1.4t | 9.4x | 13.8x | 0.5x |
| Wed, 22 Jun 2022 | JP¥18.0t | JP¥35.1t | JP¥1.4t | 8.8x | 13.1x | 0.5x |
| Fri, 20 May 2022 | JP¥17.5t | JP¥35.1t | JP¥1.4t | 8.9x | 12.8x | 0.5x |
| Sun, 17 Apr 2022 | JP¥16.9t | JP¥34.5t | JP¥1.5t | 7.1x | 11.5x | 0.5x |
| Tue, 15 Mar 2022 | JP¥16.3t | JP¥34.5t | JP¥1.5t | 7.2x | 11.1x | 0.5x |
| Thu, 10 Feb 2022 | JP¥20.1t | JP¥34.5t | JP¥1.4t | 7.9x | 14.3x | 0.6x |
| Sat, 08 Jan 2022 | JP¥21.3t | JP¥34.6t | JP¥1.6t | 7.2x | 13.6x | 0.6x |
| Mon, 06 Dec 2021 | JP¥19.6t | JP¥34.6t | JP¥1.6t | 6.9x | 12.5x | 0.6x |
| Wed, 03 Nov 2021 | JP¥19.9t | JP¥34.4t | JP¥1.5t | 7.3x | 13.7x | 0.6x |
| Fri, 01 Oct 2021 | JP¥22.0t | JP¥36.8t | JP¥1.7t | 8.5x | 13.1x | 0.6x |
| Sun, 29 Aug 2021 | JP¥21.7t | JP¥36.8t | JP¥1.7t | 8.5x | 12.9x | 0.6x |
| Mon, 05 Jul 2021 | JP¥23.0t | JP¥36.8t | JP¥1.7t | 9x | 13.8x | 0.6x |
| Thu, 08 Apr 2021 | JP¥22.2t | JP¥33.4t | JP¥824.6b | 13.2x | 26.9x | 0.7x |
| Sun, 10 Jan 2021 | JP¥18.6t | JP¥32.7t | JP¥135.2b | 17.3x | 137.4x | 0.6x |
Price to Earnings Ratio
-192.9x
Current Industry PE
- Investors are relatively neutral on the Japanese Auto Components industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 13.5x.
- The industry is trading close to its 3-year average PS ratio of 0.54x.
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 9.8% 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 Japanese Consumer Discretionary industry?
| JP Market | 0.03% | |
| Consumer Discretionary | 0.20% | |
| Auto Components | 0.65% | |
| Auto Parts and Equipment | 1.15% | |
| Tires and Rubber | -0.97% | |
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 22.8x.
- Analysts expect its future annual earnings growth (14.3%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 21.4x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 14% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Tires and Rubber industry is expected to see its earnings grow by 7.9% 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 | |
|---|---|---|---|---|---|
| 6902 DENSO | JP¥2.33k | 0.8% +JP¥58.4b | 30.6% | PE20.1x | |
| 7259 Aisin | JP¥5.47k | 1.6% +JP¥23.7b | 42.2% | PE25.9x | |
| 5110 Sumitomo Rubber Industries | JP¥1.55k | 4.3% +JP¥16.7b | 24.2% | PE963.7x | |
| 6473 JTEKT | JP¥1.30k | 2.9% +JP¥12.7b | 36.9% | PE9.6x | |
| 7282 Toyoda Gosei | JP¥3.03k | 2.7% +JP¥10.4b | 33.4% | PE15.7x |