When comparing stock performances of major auto manufacturers found that Toyota and Honda have significantly underperfomed the SP 500 index. From 2009 till date Toyota is up 101% while Honda is up a paltry 16%. During the same period the SP 500 was up 260+ %.
Meanwhile VW and Ford are up 250% which is inline with the index.
Am I missing something? How is this even possible? Always thought Toyota and Honda made great cars and were the most profitable companies in their sector. For whatever reason Toyota to a lesser extent and Honda to a large extent have lost value. And if you throw our own Maruti into the mix its like day and night. Maruti is up a whopping 860% since 2009.
What am I missing?
The lowest orange line is Honda and thered above that reps Toyota.
Including Maruti:
