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Canadian (TSX) Auto Components Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies5
  • 7D-0.5%
  • 3M-15.3%
  • 1Y-6.6%
  • YTD-15.0%

Over the last 7 days, the Auto Components industry has dropped 2.0%, driven by a pullback from Magna International of 1.4%. However, the industry is down 8.2% over the past year. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Canadian Auto Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024CA$23.6bCA$74.9bCA$2.1b10.2x11.4x0.3x
Sat, 06 Apr 2024CA$25.9bCA$73.9bCA$2.3b10.4x11.1x0.3x
Mon, 04 Mar 2024CA$26.3bCA$73.3bCA$2.3b10.6x11.4x0.4x
Wed, 31 Jan 2024CA$27.9bCA$73.4bCA$2.0b11.2x13.7x0.4x
Fri, 29 Dec 2023CA$28.8bCA$72.7bCA$2.0b11.6x14.2x0.4x
Sun, 26 Nov 2023CA$26.9bCA$74.4bCA$2.1b12.4x13.1x0.4x
Tue, 24 Oct 2023CA$25.7bCA$72.2bCA$1.9b12.8x13.6x0.4x
Thu, 21 Sep 2023CA$27.6bCA$71.2bCA$1.9b13x14.7x0.4x
Sat, 19 Aug 2023CA$27.5bCA$71.4bCA$1.9b13.9x14.8x0.4x
Mon, 17 Jul 2023CA$29.0bCA$67.1bCA$1.1b13.7x25.9x0.4x
Wed, 14 Jun 2023CA$27.5bCA$67.4bCA$1.1b14x24.5x0.4x
Fri, 12 May 2023CA$26.7bCA$68.0bCA$1.1b14.1x23.7x0.4x
Sun, 09 Apr 2023CA$25.5bCA$66.0bCA$1.3b13x19.8x0.4x
Tue, 07 Mar 2023CA$28.8bCA$65.9bCA$1.3b13.4x23x0.4x
Thu, 02 Feb 2023CA$32.2bCA$63.6bCA$1.7b13.6x19.2x0.5x
Sat, 31 Dec 2022CA$27.8bCA$64.5bCA$1.7b13.2x16.3x0.4x
Mon, 28 Nov 2022CA$29.5bCA$63.9bCA$1.7b12.8x17.5x0.5x
Wed, 26 Oct 2022CA$26.3bCA$61.9bCA$1.2b13.3x21.2x0.4x
Fri, 23 Sep 2022CA$25.9bCA$61.5bCA$1.2b15.1x21x0.4x
Sun, 21 Aug 2022CA$29.6bCA$59.6bCA$1.2b16.8x24.5x0.5x
Tue, 19 Jul 2022CA$26.5bCA$58.5bCA$2.0b12.8x13.4x0.5x
Thu, 16 Jun 2022CA$27.9bCA$58.3bCA$2.0b13.7x14.2x0.5x
Sat, 14 May 2022CA$28.1bCA$58.2bCA$2.0b14x14.3x0.5x
Mon, 11 Apr 2022CA$27.9bCA$57.4bCA$2.3b11.9x12.1x0.5x
Wed, 09 Mar 2022CA$27.0bCA$58.7bCA$2.4b11.1x11.2x0.5x
Fri, 04 Feb 2022CA$36.9bCA$59.8bCA$2.8b12x13.1x0.6x
Sun, 02 Jan 2022CA$37.4bCA$59.8bCA$2.8b10.2x13.3x0.6x
Tue, 30 Nov 2021CA$37.4bCA$60.3bCA$2.8b9x13.2x0.6x
Thu, 28 Oct 2021CA$35.6bCA$60.3bCA$3.4b9.3x10.6x0.6x
Sat, 25 Sep 2021CA$35.5bCA$61.7bCA$3.5b9.4x10.3x0.6x
Mon, 23 Aug 2021CA$36.4bCA$60.5bCA$3.4b9.5x10.7x0.6x
Sat, 10 Jul 2021CA$41.7bCA$60.5bCA$3.4b9.9x12.3x0.7x
Price to Earnings Ratio

25.3x


Total Market Cap: CA$43.2bTotal Earnings: CA$1.7bTotal Revenue: CA$54.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Auto Components Industry Price to Earnings3Y Average 16x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian 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 11.4x which is lower than its 3-year average PE of 16.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.48x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 6.6% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Canadian Consumer Discretionary industry?

CA Market3.09%
Consumer Discretionary1.82%
Auto Components-0.46%
Tires and Rubber0%
Auto Parts and Equipment-0.46%
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 16.0x.
    • Analysts are expecting annual earnings growth of 23.5%, which is lower than the prior year's growth of 33.0% per year.
  • Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 16.0x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 23% over the next 5 years.
  • However this is lower than its past earnings growth rate of 33% per year.
  • In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 23% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LNR LinamarCA$65.792.3%
+CA$91.1m		0.8%PE8.1x
MRE Martinrea InternationalCA$11.854.1%
+CA$36.1m		-3.7%PE6.1x
XTC Exco TechnologiesCA$7.659.0%
+CA$24.2m		-4.9%PE10.2x
ABCT ABC Technologies HoldingsCA$6.730.6%
+CA$4.6m		43.8%PS0.4x
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Latest News

MRE

CA$11.85

Martinrea International

7D

4.1%

1Y

-3.7%

XTC

CA$7.65

Exco Technologies

7D

9.0%

1Y

-4.9%

MG

CA$64.64

Magna International

7D

-1.4%

1Y

-8.2%

SSA

CA$0.22

Spectra Products

7D

-6.4%

1Y

29.4%

ABCT

CA$6.73

ABC Technologies Holdings

7D

0.6%

1Y

43.8%

LNR

CA$65.79

Linamar

7D

2.3%

1Y

0.8%

Do Linamar's (TSE:LNR) Earnings Warrant Your Attention?

Apr 04
Do Linamar's (TSE:LNR) Earnings Warrant Your Attention?