Pakistani (KSE) Auto Components Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies11
- 7D8.5%
- 3M40.0%
- 1Y220.6%
- YTD58.2%
In the last week, the Auto Components industry is up 8.5%, with Thal up 34%. In the same time, Treet Battery was down 5.3%. This takes the industry's 12 month performance to a gain of 221%. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Pakistani Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | PK₨137.5b | PK₨205.0b | PK₨11.4b | 8.7x | 12x | 0.7x |
| Tue, 16 Apr 2024 | PK₨117.9b | PK₨191.3b | PK₨8.3b | 8.1x | 14.2x | 0.6x |
| Thu, 14 Mar 2024 | PK₨109.4b | PK₨191.9b | PK₨8.4b | 6.9x | 13x | 0.6x |
| Sat, 10 Feb 2024 | PK₨98.9b | PK₨186.6b | PK₨7.9b | 6.7x | 12.6x | 0.5x |
| Mon, 08 Jan 2024 | PK₨69.8b | PK₨185.8b | PK₨7.8b | 7.6x | 8.9x | 0.4x |
| Wed, 06 Dec 2023 | PK₨69.4b | PK₨186.2b | PK₨7.7b | 7.6x | 9x | 0.4x |
| Fri, 03 Nov 2023 | PK₨58.7b | PK₨177.0b | PK₨7.3b | 6.4x | 8.1x | 0.3x |
| Sun, 01 Oct 2023 | PK₨47.3b | PK₨172.2b | PK₨6.7b | 7.1x | 7.1x | 0.3x |
| Tue, 29 Aug 2023 | PK₨47.8b | PK₨169.5b | PK₨6.3b | 6.9x | 7.6x | 0.3x |
| Thu, 27 Jul 2023 | PK₨42.0b | PK₨167.9b | PK₨5.7b | 5.5x | 7.3x | 0.3x |
| Sat, 24 Jun 2023 | PK₨34.7b | PK₨163.6b | PK₨5.3b | 5.4x | 6.5x | 0.2x |
| Mon, 22 May 2023 | PK₨36.7b | PK₨162.0b | PK₨6.6b | 5.2x | 5.5x | 0.2x |
| Wed, 19 Apr 2023 | PK₨36.3b | PK₨159.1b | PK₨6.6b | 5.3x | 5.5x | 0.2x |
| Fri, 17 Mar 2023 | PK₨36.2b | PK₨159.4b | PK₨6.6b | 4.8x | 5.5x | 0.2x |
| Sun, 12 Feb 2023 | PK₨36.7b | PK₨158.0b | PK₨7.5b | 6.2x | 4.9x | 0.2x |
| Tue, 10 Jan 2023 | PK₨37.9b | PK₨155.3b | PK₨7.4b | 7.2x | 5.1x | 0.2x |
| Thu, 08 Dec 2022 | PK₨46.0b | PK₨154.4b | PK₨7.7b | 8.9x | 5.9x | 0.3x |
| Sat, 05 Nov 2022 | PK₨47.4b | PK₨152.9b | PK₨8.0b | 15.6x | 5.9x | 0.3x |
| Mon, 03 Oct 2022 | PK₨48.8b | PK₨135.9b | PK₨9.6b | 7.3x | 5.1x | 0.4x |
| Wed, 31 Aug 2022 | PK₨52.6b | PK₨132.7b | PK₨9.5b | 7.2x | 5.5x | 0.4x |
| Fri, 29 Jul 2022 | PK₨46.4b | PK₨129.5b | PK₨9.4b | 6.9x | 4.9x | 0.4x |
| Sun, 26 Jun 2022 | PK₨47.4b | PK₨129.6b | PK₨9.6b | 7.3x | 4.9x | 0.4x |
| Tue, 24 May 2022 | PK₨55.0b | PK₨129.6b | PK₨9.6b | 6x | 5.7x | 0.4x |
| Thu, 21 Apr 2022 | PK₨62.1b | PK₨127.7b | PK₨9.6b | 7.5x | 6.5x | 0.5x |
| Sat, 19 Mar 2022 | PK₨60.2b | PK₨127.7b | PK₨9.6b | 7.7x | 6.3x | 0.5x |
| Mon, 14 Feb 2022 | PK₨66.2b | PK₨122.5b | PK₨8.7b | 9.3x | 7.6x | 0.5x |
| Wed, 12 Jan 2022 | PK₨69.4b | PK₨122.9b | PK₨8.8b | 9.6x | 7.9x | 0.6x |
| Fri, 10 Dec 2021 | PK₨64.3b | PK₨122.7b | PK₨8.7b | 8.5x | 7.4x | 0.5x |
| Sun, 07 Nov 2021 | PK₨77.9b | PK₨122.7b | PK₨8.7b | 10.9x | 8.9x | 0.6x |
| Tue, 05 Oct 2021 | PK₨75.3b | PK₨114.0b | PK₨8.6b | 10.1x | 8.8x | 0.7x |
| Thu, 02 Sep 2021 | PK₨84.4b | PK₨108.0b | PK₨7.4b | 11.1x | 11.4x | 0.8x |
| Sat, 31 Jul 2021 | PK₨87.9b | PK₨108.0b | PK₨7.4b | 11.7x | 11.9x | 0.8x |
Price to Earnings Ratio
13.7x
Current Industry PE
- Investors are optimistic on the Pakistani Auto Components industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 12.0x which is higher than its 3-year average PE of 8.0x.
- The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 29% 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 Pakistani Consumer Discretionary industry?
| PK Market | 2.60% | |
| Consumer Discretionary | 2.76% | |
| Auto Components | 8.50% | |
| Auto Parts and Equipment | 9.60% | |
| Tires and Rubber | -1.21% | |
Industry PE
- Investors are most optimistic about the Auto Parts and Equipment industry which is trading above its 3-year average PE ratio of 7.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 38.0x.
Forecasted Growth
- Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 24% over the next 5 years.
- In contrast, the Tires and Rubber industry is expected to see its earnings grow by 24% 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 | |
|---|---|---|---|---|---|
| THALL Thal | PK₨479.89 | 33.7% +PK₨9.8b | 167.3% | PE12.2x | |
| ATBA Atlas Battery | PK₨301.66 | 13.8% +PK₨1.3b | 60.0% | PE7.9x | |
| SAZEW Sazgar Engineering Works | PK₨704.82 | 2.6% +PK₨1.1b | 1,280.6% | PE8.7x | |
| EXIDE Exide Pakistan | PK₨500.28 | 20.7% +PK₨665.5m | 121.3% | PE2.9x | |
| BWHL Baluchistan Wheels | PK₨166.61 | 4.1% +PK₨87.3m | 164.5% | PE11.5x |