AUTOLIV INC (ALV) Stock Fundamental Analysis
USA - NYSE:ALV - US0528001094 - Common Stock
117.12 USD
-3.64 (-3.01%)
117.12 USD
0 (0%)
ALV gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 82 industry peers in the Automobile Components industry. ALV has an excellent profitability rating, but there are some minor concerns on its financial health. ALV has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ALV was profitable.
In the past year ALV had a positive cash flow from operations.
In the past 5 years ALV has always been profitable.
In the past 5 years ALV always reported a positive cash flow from operatings.
1.2 Ratios
ALV has a Return On Assets of 8.89%. This is amongst the best in the industry. ALV outperforms 92.68% of its industry peers.
ALV's Return On Equity of 29.50% is amongst the best of the industry. ALV outperforms 100.00% of its industry peers.
ALV's Return On Invested Capital of 18.53% is amongst the best of the industry. ALV outperforms 98.78% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ALV is significantly above the industry average of 8.55%.
The 3 year average ROIC (14.52%) for ALV is below the current ROIC(18.53%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.89% | ||
| ROE | 29.5% | ||
| ROIC | 18.53% |
ROA(3y)6.54%
ROA(5y)5.54%
ROE(3y)21.22%
ROE(5y)17.59%
ROIC(3y)14.52%
ROIC(5y)12.08%
1.3 Margins
ALV has a Profit Margin of 7.08%. This is amongst the best in the industry. ALV outperforms 93.90% of its industry peers.
In the last couple of years the Profit Margin of ALV has grown nicely.
ALV's Operating Margin of 10.64% is in line compared to the rest of the industry. ALV outperforms 46.34% of its industry peers.
In the last couple of years the Operating Margin of ALV has grown nicely.
With a Gross Margin value of 19.51%, ALV is not doing good in the industry: 71.95% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of ALV has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.64% | ||
| PM (TTM) | 7.08% | ||
| GM | 19.51% |
OM growth 3Y5.44%
OM growth 5Y2.52%
PM growth 3Y5.56%
PM growth 5Y2.86%
GM growth 3Y0.34%
GM growth 5Y0.01%
2. Health
2.1 Basic Checks
ALV has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for ALV has been reduced compared to 1 year ago.
Compared to 5 years ago, ALV has less shares outstanding
The debt/assets ratio for ALV is higher compared to a year ago.
2.2 Solvency
ALV has an Altman-Z score of 2.97. This is not the best score and indicates that ALV is in the grey zone with still only limited risk for bankruptcy at the moment.
ALV has a Altman-Z score of 2.97. This is in the better half of the industry: ALV outperforms 65.85% of its industry peers.
ALV has a debt to FCF ratio of 3.55. This is a good value and a sign of high solvency as ALV would need 3.55 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.55, ALV belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
ALV has a Debt/Equity ratio of 0.68. This is a neutral value indicating ALV is somewhat dependend on debt financing.
The Debt to Equity ratio of ALV (0.68) is worse than 78.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.55 | ||
| Altman-Z | 2.97 |
ROIC/WACC2.77
WACC6.69%
2.3 Liquidity
A Current Ratio of 0.95 indicates that ALV may have some problems paying its short term obligations.
ALV's Current ratio of 0.95 is on the low side compared to the rest of the industry. ALV is outperformed by 92.68% of its industry peers.
ALV has a Quick Ratio of 0.95. This is a bad value and indicates that ALV is not financially healthy enough and could expect problems in meeting its short term obligations.
ALV has a Quick ratio of 0.70. This is amonst the worse of the industry: ALV underperforms 89.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.75% over the past year.
The Earnings Per Share has been growing slightly by 7.83% on average over the past years.
ALV shows a small growth in Revenue. In the last year, the Revenue has grown by 0.84%.
The Revenue has been growing slightly by 3.98% on average over the past years.
EPS 1Y (TTM)7.75%
EPS 3Y18.44%
EPS 5Y7.83%
EPS Q2Q%26.09%
Revenue 1Y (TTM)0.84%
Revenue growth 3Y8.08%
Revenue growth 5Y3.98%
Sales Q2Q%5.91%
3.2 Future
Based on estimates for the next years, ALV will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.64% on average per year.
ALV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.71% yearly.
EPS Next Y16.03%
EPS Next 2Y16.37%
EPS Next 3Y16.27%
EPS Next 5Y13.64%
Revenue Next Year2.64%
Revenue Next 2Y3.55%
Revenue Next 3Y4.03%
Revenue Next 5Y3.71%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.04 indicates a correct valuation of ALV.
ALV's Price/Earnings ratio is a bit cheaper when compared to the industry. ALV is cheaper than 64.63% of the companies in the same industry.
ALV's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.56.
ALV is valuated reasonably with a Price/Forward Earnings ratio of 10.37.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ALV is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, ALV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.04 | ||
| Fwd PE | 10.37 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ALV.
The rest of the industry has a similar Price/Free Cash Flow ratio as ALV.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.58 | ||
| EV/EBITDA | 6.95 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ALV has an outstanding profitability rating, which may justify a higher PE ratio.
ALV's earnings are expected to grow with 16.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.75
PEG (5Y)1.54
EPS Next 2Y16.37%
EPS Next 3Y16.27%
5. Dividend
5.1 Amount
ALV has a Yearly Dividend Yield of 2.83%.
Compared to an average industry Dividend Yield of 4.20, ALV has a dividend in line with its industry peers.
ALV's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
5.2 History
The dividend of ALV has a limited annual growth rate of 1.88%.
ALV has paid a dividend for at least 10 years, which is a reliable track record.
ALV has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.88%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
ALV pays out 30.32% of its income as dividend. This is a sustainable payout ratio.
The dividend of ALV is growing, but earnings are growing more, so the dividend growth is sustainable.
DP30.32%
EPS Next 2Y16.37%
EPS Next 3Y16.27%
117.12
-3.64 (-3.01%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners73.41%
Inst Owner Change-4.34%
Ins Owners0.24%
Ins Owner Change-0.44%
Market Cap8.90B
Revenue(TTM)10.61B
Net Income(TTM)752.00M
Analysts78.4
Price Target139.42 (19.04%)
Short Float %2.51%
Short Ratio3.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
Yearly Dividend2.73
Dividend Growth(5Y)1.88%
DP30.32%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.54%
Min EPS beat(2)1.65%
Max EPS beat(2)11.44%
EPS beat(4)4
Avg EPS beat(4)11.78%
Min EPS beat(4)1.65%
Max EPS beat(4)27.32%
EPS beat(8)6
Avg EPS beat(8)5.78%
EPS beat(12)8
Avg EPS beat(12)5.3%
EPS beat(16)10
Avg EPS beat(16)9.81%
Revenue beat(2)2
Avg Revenue beat(2)0.86%
Min Revenue beat(2)0.04%
Max Revenue beat(2)1.69%
Revenue beat(4)3
Avg Revenue beat(4)-0.28%
Min Revenue beat(4)-4.21%
Max Revenue beat(4)1.69%
Revenue beat(8)3
Avg Revenue beat(8)-1.07%
Revenue beat(12)5
Avg Revenue beat(12)-0.62%
Revenue beat(16)6
Avg Revenue beat(16)-1.02%
PT rev (1m)4.97%
PT rev (3m)7.49%
EPS NQ rev (1m)-5.8%
EPS NQ rev (3m)0.2%
EPS NY rev (1m)2.45%
EPS NY rev (3m)8.54%
Revenue NQ rev (1m)-0.61%
Revenue NQ rev (3m)1.38%
Revenue NY rev (1m)0.66%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.04 | ||
| Fwd PE | 10.37 | ||
| P/S | 0.84 | ||
| P/FCF | 15.58 | ||
| P/OCF | 8.61 | ||
| P/B | 3.49 | ||
| P/tB | 7.66 | ||
| EV/EBITDA | 6.95 |
EPS(TTM)9.73
EY8.31%
EPS(NY)11.29
Fwd EY9.64%
FCF(TTM)7.52
FCFY6.42%
OCF(TTM)13.6
OCFY11.61%
SpS139.71
BVpS33.55
TBVpS15.3
PEG (NY)0.75
PEG (5Y)1.54
Graham Number85.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.89% | ||
| ROE | 29.5% | ||
| ROCE | 26.12% | ||
| ROIC | 18.53% | ||
| ROICexc | 19.46% | ||
| ROICexgc | 28.23% | ||
| OM | 10.64% | ||
| PM (TTM) | 7.08% | ||
| GM | 19.51% | ||
| FCFM | 5.38% |
ROA(3y)6.54%
ROA(5y)5.54%
ROE(3y)21.22%
ROE(5y)17.59%
ROIC(3y)14.52%
ROIC(5y)12.08%
ROICexc(3y)16.2%
ROICexc(5y)14.02%
ROICexgc(3y)25.07%
ROICexgc(5y)21.86%
ROCE(3y)19.64%
ROCE(5y)16.17%
ROICexgc growth 3Y10.72%
ROICexgc growth 5Y5.98%
ROICexc growth 3Y12.07%
ROICexc growth 5Y6.39%
OM growth 3Y5.44%
OM growth 5Y2.52%
PM growth 3Y5.56%
PM growth 5Y2.86%
GM growth 3Y0.34%
GM growth 5Y0.01%
F-Score7
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.55 | ||
| Debt/EBITDA | 1.14 | ||
| Cap/Depr | 116.37% | ||
| Cap/Sales | 4.35% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 67.69% | ||
| Profit Quality | 75.93% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 2.97 |
F-Score7
WACC6.69%
ROIC/WACC2.77
Cap/Depr(3y)154.12%
Cap/Depr(5y)134.24%
Cap/Sales(3y)5.89%
Cap/Sales(5y)5.57%
Profit Quality(3y)62.94%
Profit Quality(5y)105.41%
High Growth Momentum
Growth
EPS 1Y (TTM)7.75%
EPS 3Y18.44%
EPS 5Y7.83%
EPS Q2Q%26.09%
EPS Next Y16.03%
EPS Next 2Y16.37%
EPS Next 3Y16.27%
EPS Next 5Y13.64%
Revenue 1Y (TTM)0.84%
Revenue growth 3Y8.08%
Revenue growth 5Y3.98%
Sales Q2Q%5.91%
Revenue Next Year2.64%
Revenue Next 2Y3.55%
Revenue Next 3Y4.03%
Revenue Next 5Y3.71%
EBIT growth 1Y16.39%
EBIT growth 3Y13.96%
EBIT growth 5Y6.6%
EBIT Next Year50.04%
EBIT Next 3Y21.6%
EBIT Next 5YN/A
FCF growth 1Y38.59%
FCF growth 3Y17.62%
FCF growth 5Y25%
OCF growth 1Y3.4%
OCF growth 3Y12.04%
OCF growth 5Y10.57%
AUTOLIV INC / ALV FAQ
Can you provide the ChartMill fundamental rating for AUTOLIV INC?
ChartMill assigns a fundamental rating of 6 / 10 to ALV.
What is the valuation status for ALV stock?
ChartMill assigns a valuation rating of 6 / 10 to AUTOLIV INC (ALV). This can be considered as Fairly Valued.
Can you provide the profitability details for AUTOLIV INC?
AUTOLIV INC (ALV) has a profitability rating of 8 / 10.
How financially healthy is AUTOLIV INC?
The financial health rating of AUTOLIV INC (ALV) is 4 / 10.
Is the dividend of AUTOLIV INC sustainable?
The dividend rating of AUTOLIV INC (ALV) is 5 / 10 and the dividend payout ratio is 30.32%.