APTIV PLC (APTV) Stock Fundamental Analysis
NYSE:APTV - New York Stock Exchange, Inc. - JE00BTDN8H13 - Common Stock - Currency: USD
Taking everything into account, APTV scores 6 out of 10 in our fundamental rating. APTV was compared to 43 industry peers in the Automobile Components industry. APTV has an excellent profitability rating, but there are some minor concerns on its financial health. APTV scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make APTV suitable for value investing!
1. Profitability
1.1 Basic Checks
APTV had positive earnings in the past year.
In the past year APTV had a positive cash flow from operations.
In the past 5 years APTV has always been profitable.
In the past 5 years APTV always reported a positive cash flow from operatings.
1.2 Ratios
APTV has a Return On Assets of 7.62%. This is amongst the best in the industry. APTV outperforms 81.40% of its industry peers.
APTV's Return On Equity of 20.32% is amongst the best of the industry. APTV outperforms 90.70% of its industry peers.
The Return On Invested Capital of APTV (9.95%) is better than 81.40% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for APTV is in line with the industry average of 10.03%.
The last Return On Invested Capital (9.95%) for APTV is above the 3 year average (8.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.62% | ||
| ROE | 20.32% | ||
| ROIC | 9.95% |
ROA(3y)7.32%
ROA(5y)7%
ROE(3y)17.18%
ROE(5y)16.05%
ROIC(3y)8.46%
ROIC(5y)7.76%
1.3 Margins
APTV's Profit Margin of 9.07% is amongst the best of the industry. APTV outperforms 90.70% of its industry peers.
APTV's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 10.32%, APTV belongs to the best of the industry, outperforming 83.72% of the companies in the same industry.
APTV's Operating Margin has been stable in the last couple of years.
The Gross Margin of APTV (18.83%) is comparable to the rest of the industry.
APTV's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.32% | ||
| PM (TTM) | 9.07% | ||
| GM | 18.83% |
OM growth 3Y10.28%
OM growth 5Y0.86%
PM growth 3Y39.02%
PM growth 5Y5.62%
GM growth 3Y6.65%
GM growth 5Y0.52%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), APTV is creating some value.
The number of shares outstanding for APTV has been reduced compared to 1 year ago.
The number of shares outstanding for APTV has been reduced compared to 5 years ago.
Compared to 1 year ago, APTV has a worse debt to assets ratio.
2.2 Solvency
APTV has an Altman-Z score of 2.29. This is not the best score and indicates that APTV is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.29, APTV is doing good in the industry, outperforming 60.47% of the companies in the same industry.
APTV has a debt to FCF ratio of 5.17. This is a neutral value as APTV would need 5.17 years to pay back of all of its debts.
The Debt to FCF ratio of APTV (5.17) is better than 67.44% of its industry peers.
APTV has a Debt/Equity ratio of 0.89. This is a neutral value indicating APTV is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.89, APTV is not doing good in the industry: 69.77% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 5.17 | ||
| Altman-Z | 2.29 |
ROIC/WACC1.62
WACC6.13%
2.3 Liquidity
A Current Ratio of 1.53 indicates that APTV should not have too much problems paying its short term obligations.
With a Current ratio value of 1.53, APTV is not doing good in the industry: 62.79% of the companies in the same industry are doing better.
A Quick Ratio of 1.07 indicates that APTV should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.07, APTV is in line with its industry, outperforming 41.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.84% over the past year.
APTV shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.19% yearly.
Looking at the last year, APTV shows a decrease in Revenue. The Revenue has decreased by -1.69% in the last year.
Measured over the past years, APTV shows a small growth in Revenue. The Revenue has been growing by 6.55% on average per year.
EPS 1Y (TTM)29.84%
EPS 3Y34.39%
EPS 5Y5.19%
EPS Q2Q%24.29%
Revenue 1Y (TTM)-1.69%
Revenue growth 3Y8.07%
Revenue growth 5Y6.55%
Sales Q2Q%-0.24%
3.2 Future
The Earnings Per Share is expected to grow by 15.34% on average over the next years. This is quite good.
Based on estimates for the next years, APTV will show a small growth in Revenue. The Revenue will grow by 6.27% on average per year.
EPS Next Y16.75%
EPS Next 2Y15.94%
EPS Next 3Y16%
EPS Next 5Y15.34%
Revenue Next Year0.99%
Revenue Next 2Y3.11%
Revenue Next 3Y5.37%
Revenue Next 5Y6.27%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 10.14, the valuation of APTV can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of APTV indicates a somewhat cheap valuation: APTV is cheaper than 76.74% of the companies listed in the same industry.
APTV is valuated cheaply when we compare the Price/Earnings ratio to 29.75, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 8.69 indicates a reasonable valuation of APTV.
APTV's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. APTV is cheaper than 79.07% of the companies in the same industry.
APTV is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.14 | ||
| Fwd PE | 8.69 |
4.2 Price Multiples
APTV's Enterprise Value to EBITDA ratio is in line with the industry average.
76.74% of the companies in the same industry are more expensive than APTV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.09 | ||
| EV/EBITDA | 7.24 |
4.3 Compensation for Growth
APTV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
APTV has an outstanding profitability rating, which may justify a higher PE ratio.
APTV's earnings are expected to grow with 16.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.61
PEG (5Y)1.96
EPS Next 2Y15.94%
EPS Next 3Y16%
5. Dividend
5.1 Amount
APTV does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
64.01
-1.11 (-1.7%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners105.9%
Inst Owner Change-5.83%
Ins Owners0.59%
Ins Owner Change11.35%
Market Cap14.69B
Analysts79.35
Price Target81.63 (27.53%)
Short Float %3.72%
Short Ratio2.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.12
Dividend Growth(5Y)-33.36%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.09%
Min EPS beat(2)3.45%
Max EPS beat(2)6.73%
EPS beat(4)4
Avg EPS beat(4)7.85%
Min EPS beat(4)3.45%
Max EPS beat(4)12.06%
EPS beat(8)7
Avg EPS beat(8)7.25%
EPS beat(12)10
Avg EPS beat(12)2.09%
EPS beat(16)12
Avg EPS beat(16)2.78%
Revenue beat(2)0
Avg Revenue beat(2)-5.08%
Min Revenue beat(2)-8.47%
Max Revenue beat(2)-1.7%
Revenue beat(4)0
Avg Revenue beat(4)-5.24%
Min Revenue beat(4)-8.47%
Max Revenue beat(4)-1.7%
Revenue beat(8)2
Avg Revenue beat(8)-2.31%
Revenue beat(12)5
Avg Revenue beat(12)-1.1%
Revenue beat(16)9
Avg Revenue beat(16)0.44%
PT rev (1m)4.61%
PT rev (3m)2.57%
EPS NQ rev (1m)-1.06%
EPS NQ rev (3m)-2.52%
EPS NY rev (1m)4.15%
EPS NY rev (3m)3.3%
Revenue NQ rev (1m)-2%
Revenue NQ rev (3m)-3.66%
Revenue NY rev (1m)-1.24%
Revenue NY rev (3m)-1.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.14 | ||
| Fwd PE | 8.69 | ||
| P/S | 0.75 | ||
| P/FCF | 9.09 | ||
| P/OCF | 6 | ||
| P/B | 1.67 | ||
| P/tB | 9 | ||
| EV/EBITDA | 7.24 |
EPS(TTM)6.31
EY9.86%
EPS(NY)7.37
Fwd EY11.51%
FCF(TTM)7.04
FCFY11%
OCF(TTM)10.66
OCFY16.65%
SpS85.91
BVpS38.34
TBVpS7.11
PEG (NY)0.61
PEG (5Y)1.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.62% | ||
| ROE | 20.32% | ||
| ROCE | 11.1% | ||
| ROIC | 9.95% | ||
| ROICexc | 10.89% | ||
| ROICexgc | 19.02% | ||
| OM | 10.32% | ||
| PM (TTM) | 9.07% | ||
| GM | 18.83% | ||
| FCFM | 8.2% |
ROA(3y)7.32%
ROA(5y)7%
ROE(3y)17.18%
ROE(5y)16.05%
ROIC(3y)8.46%
ROIC(5y)7.76%
ROICexc(3y)9.26%
ROICexc(5y)8.99%
ROICexgc(3y)16.73%
ROICexgc(5y)15.2%
ROCE(3y)9.44%
ROCE(5y)8.65%
ROICexcg growth 3Y8.25%
ROICexcg growth 5Y-4.19%
ROICexc growth 3Y2.51%
ROICexc growth 5Y-5.11%
OM growth 3Y10.28%
OM growth 5Y0.86%
PM growth 3Y39.02%
PM growth 5Y5.62%
GM growth 3Y6.65%
GM growth 5Y0.52%
F-Score6
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 5.17 | ||
| Debt/EBITDA | 2.62 | ||
| Cap/Depr | 86.1% | ||
| Cap/Sales | 4.21% | ||
| Interest Coverage | 7.12 | ||
| Cash Conversion | 81.56% | ||
| Profit Quality | 90.43% | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | 2.29 |
F-Score6
WACC6.13%
ROIC/WACC1.62
Cap/Depr(3y)98.73%
Cap/Depr(5y)90.34%
Cap/Sales(3y)4.52%
Cap/Sales(5y)4.39%
Profit Quality(3y)67.79%
Profit Quality(5y)73.23%
High Growth Momentum
Growth
EPS 1Y (TTM)29.84%
EPS 3Y34.39%
EPS 5Y5.19%
EPS Q2Q%24.29%
EPS Next Y16.75%
EPS Next 2Y15.94%
EPS Next 3Y16%
EPS Next 5Y15.34%
Revenue 1Y (TTM)-1.69%
Revenue growth 3Y8.07%
Revenue growth 5Y6.55%
Sales Q2Q%-0.24%
Revenue Next Year0.99%
Revenue Next 2Y3.11%
Revenue Next 3Y5.37%
Revenue Next 5Y6.27%
EBIT growth 1Y13.81%
EBIT growth 3Y19.18%
EBIT growth 5Y7.47%
EBIT Next Year39.11%
EBIT Next 3Y35.52%
EBIT Next 5YN/A
FCF growth 1Y63.23%
FCF growth 3Y38.29%
FCF growth 5Y13.9%
OCF growth 1Y29.01%
OCF growth 3Y26.03%
OCF growth 5Y8.54%