APTIV PLC (APTV)
JE00B783TY65 - Common Stock
Taking everything into account, APTV scores 5 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
APTV had positive earnings in the past year.
APTV had a positive operating cash flow in the past year.
APTV had positive earnings in each of the past 5 years.
Each year in the past 5 years APTV had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.61%, APTV belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
Looking at the Return On Equity, with a value of 26.81%, APTV belongs to the top of the industry, outperforming 95.24% of the companies in the same industry.
APTV has a Return On Invested Capital of 9.28%. This is in the better half of the industry: APTV outperforms 78.57% of its industry peers.
APTV had an Average Return On Invested Capital over the past 3 years of 7.57%. This is in line with the industry average of 9.38%.
The 3 year average ROIC (7.57%) for APTV is below the current ROIC(9.28%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.61% | ||
| ROE | 26.81% | ||
| ROIC | 9.28% |
ROA(3y)5.75%
ROA(5y)6.94%
ROE(3y)12.51%
ROE(5y)17.17%
ROIC(3y)7.57%
ROIC(5y)8.3%
1.3 Margins
APTV has a Profit Margin of 14.81%. This is amongst the best in the industry. APTV outperforms 97.62% of its industry peers.
In the last couple of years the Profit Margin of APTV has grown nicely.
The Operating Margin of APTV (9.28%) is better than 78.57% of its industry peers.
In the last couple of years the Operating Margin of APTV has declined.
APTV has a Gross Margin (17.67%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of APTV has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.28% | ||
| PM (TTM) | 14.81% | ||
| GM | 17.67% |
OM growth 3Y11.97%
OM growth 5Y-4.45%
PM growth 3Y2.33%
PM growth 5Y14.44%
GM growth 3Y4.93%
GM growth 5Y-1.86%
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.
APTV has more shares outstanding than it did 1 year ago.
The number of shares outstanding for APTV has been increased compared to 5 years ago.
APTV has a better debt/assets ratio than last year.
2.2 Solvency
APTV has an Altman-Z score of 2.73. 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.
APTV's Altman-Z score of 2.73 is fine compared to the rest of the industry. APTV outperforms 61.90% of its industry peers.
The Debt to FCF ratio of APTV is 4.98, which is a neutral value as it means it would take APTV, 4.98 years of fcf income to pay off all of its debts.
APTV's Debt to FCF ratio of 4.98 is fine compared to the rest of the industry. APTV outperforms 64.29% of its industry peers.
A Debt/Equity ratio of 0.42 indicates that APTV is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.42, APTV is in line with its industry, outperforming 59.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 4.98 | ||
| Altman-Z | 2.73 |
ROIC/WACC1.4
WACC6.61%
2.3 Liquidity
A Current Ratio of 1.29 indicates that APTV should not have too much problems paying its short term obligations.
The Current ratio of APTV (1.29) is worse than 78.57% of its industry peers.
A Quick Ratio of 0.89 indicates that APTV may have some problems paying its short term obligations.
APTV's Quick ratio of 0.89 is on the low side compared to the rest of the industry. APTV is outperformed by 73.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 38.86% over the past year.
The Earnings Per Share has been decreasing by -1.61% on average over the past years.
The Revenue has grown by 11.06% in the past year. This is quite good.
The Revenue has been growing slightly by 6.79% on average over the past years.
EPS 1Y (TTM)38.86%
EPS 3Y38.23%
EPS 5Y-1.61%
EPS Q2Q%27.47%
Revenue 1Y (TTM)11.06%
Revenue growth 3Y15.34%
Revenue growth 5Y6.79%
Sales Q2Q%1.72%
3.2 Future
The Earnings Per Share is expected to grow by 16.44% on average over the next years. This is quite good.
APTV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.82% yearly.
EPS Next Y26.09%
EPS Next 2Y27.59%
EPS Next 3Y23.9%
EPS Next 5Y16.44%
Revenue Next Year4.76%
Revenue Next 2Y5.98%
Revenue Next 3Y6.6%
Revenue Next 5Y7.82%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
APTV is valuated correctly with a Price/Earnings ratio of 16.29.
Compared to the rest of the industry, the Price/Earnings ratio of APTV indicates a somewhat cheap valuation: APTV is cheaper than 73.81% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.05. APTV is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 10.52, the valuation of APTV can be described as very reasonable.
Based on the Price/Forward Earnings ratio, APTV is valued a bit cheaper than 69.05% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of APTV to the average of the S&P500 Index (20.07), we can say APTV is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.29 | ||
| Fwd PE | 10.52 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APTV is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of APTV is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.16 | ||
| EV/EBITDA | 9.86 |
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.
The decent profitability rating of APTV may justify a higher PE ratio.
APTV's earnings are expected to grow with 23.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.62
PEG (5Y)N/A
EPS Next 2Y27.59%
EPS Next 3Y23.9%
5. Dividend
5.1 Amount
No dividends for APTV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
APTIV PLC
NYSE:APTV (5/31/2024, 7:23:37 PM)
After market: 83.4 +0.14 (+0.17%)83.26
+1.3 (+1.59%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap22.65B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
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Div Incr Years
Div Non Decr Years
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Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.29 | ||
| Fwd PE | 10.52 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.62
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.61% | ||
| ROE | 26.81% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.28% | ||
| PM (TTM) | 14.81% | ||
| GM | 17.67% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.29 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)38.86%
EPS 3Y38.23%
EPS 5Y
EPS Q2Q%
EPS Next Y26.09%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)11.06%
Revenue growth 3Y15.34%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y