Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. GlobalData Plc
  6. News
  7. Summary
    DATA   GB00B87ZTG26


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

GlobalData : Cross-sector study shows auto industry as a Covid recovery leader

09/21/2021 | 01:32pm EDT
21 Sep 2021
Cross-sector study shows auto industry as a Covid recovery leader
Posted in Automotive

Analysis by GlobalData, a leading data and analytics company, suggests the auto industry is emerging as a relatively strong performer in the pandemic recovery.

GlobalData has created sector activity indices (derived from company data) and undertaken an analysis from across 18 industries, comparing pre-pandemic activity levels with those up to the second quarter of this year.

According to this wide-ranging analysis, the automotive sector's level of overall activity* in Q2 of this year was running well above pre-Covid levels (measured at Q4 2019) and ahead of most other industrial sectors measured (see below chart).

Activity levels in the automotive sector were 33.1% higher than they were at the end of 2019, before the pandemic decimated economies across the world. This means that, of the 18 sectors included in the analysis, the automotive sector ranks second in terms of its latest value for Covid-19 activity recovery.

A further analysis undertaken of listed companies' stock prices also shows the automotive sector as the top sectoral performer, even ahead of tech stocks.

GlobalData analyst David Leggett said: "It has been a tough and unprecedented period, of course, for all industries - including automotive. However, we have seen a pretty strong recovery in automotive which set in last year when economies re-opened and vehicle demand quickly came back on stream, to the benefit of top and bottom lines at both vehicle manufacturers and suppliers - who have also been keeping cost bases well under control.

"Moreover, bright prospects for electrified vehicles in the context of a green hued recovery have also lifted prospects and sentiment for the sector.

"However, the pandemic is far from over - illustrated in recent setbacks in southeast Asia - and the global semiconductors shortage is acting to constrain new vehicle sales. Long waiting lists for new cars have, though, kept transaction prices and margins high.

"It's perhaps a case of autos being in a relatively good position, but still needing to be very cautious on prospects which are ultimately tied to what happens to the global economy. Major uncertainties remain."

* Activity levels are expressed in the form of an index derived from company level data on hiring, deals, stock prices and sentiment analysis of news reports and financial filings.


GlobalData plc published this content on 21 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2021 17:31:04 UTC.

ę Publicnow 2021
All news about GLOBALDATA PLC
12:08p‘NoLo', craft beers and cider to reap benefits of UK alcohol duties simplificatio..
12:08pKraft Heinz Q3 results to be sustained by ‘soup season' despite inflationary pres..
07:38aUK joins global AI arms race with new ten-year plan as it targets slice of global AI pl..
06:58aHeineken's Q3 sales impacted by renewed wellbeing trends following COVID-19 pandemic, s..
10/26Thailand pay-TV services market revenue to reach US$1.1bn in 2026, forecasts GlobalData
10/26Hong Kong payments market to grow by 6.1 percent in 2022
10/26Amazon to open New Zealand's first data center with global market set to reach $948bn b..
10/26Simpson Thacher & Bartlett and Kirkland & Ellis were top M&A legal advisers by value an..
10/26UK Government must do more to address rising COVID-19 Cases if UK is to have ‘nor..
10/26Tesco's late entry into checkout-free race won't stop it reaping rewards as ‘ambi..
More news
Sales 2021 192 M 263 M 263 M
Net income 2021 27,9 M 38,2 M 38,2 M
Net Debt 2021 50,8 M 69,7 M 69,7 M
P/E ratio 2021 61,4x
Yield 2021 1,32%
Capitalization 1 622 M 2 227 M 2 227 M
EV / Sales 2021 8,73x
EV / Sales 2022 8,03x
Nbr of Employees 3 472
Free-Float 30,8%
Duration : Period :
GlobalData Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GLOBALDATA PLC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 5
Last Close Price 1 375,00 GBX
Average target price 1 592,50 GBX
Spread / Average Target 15,8%
EPS Revisions
Managers and Directors
Michael Thomas Danson Chief Executive Officer & Director
Sally Kate Miranda Johnson Chief Financial Officer
Murray Legg Independent Non-Executive Chairman
Peter Martin Harkness Independent Non-Executive Director
Catherine Birkett Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
S&P GLOBAL INC.41.34%111 918
RELX PLC25.13%59 618
MSCI INC.44.03%53 020
EQUIFAX INC.42.49%33 059