AUTOLIV INC (ALV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ALV - US0528001094 - Common Stock
119.78 USD
+1.89 (+1.6%)
119.78 USD
0 (0%)
Taking everything into account, ALV scores 6 out of 10 in our fundamental rating. ALV was compared to 82 industry peers in the Automobile Components industry. While ALV has a great profitability rating, there are some minor concerns on its financial health. ALV has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ALV was profitable.
ALV had a positive operating cash flow in the past year.
Each year in the past 5 years ALV has been profitable.
Each year in the past 5 years ALV had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ALV (8.89%) is better than 92.68% of its industry peers.
Looking at the Return On Equity, with a value of 29.50%, ALV belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 18.53%, ALV belongs to the top of the industry, outperforming 98.78% of the companies in the same industry.
ALV had an Average Return On Invested Capital over the past 3 years of 14.52%. This is significantly above the industry average of 8.52%.
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
Looking at the Profit Margin, with a value of 7.08%, ALV belongs to the top of the industry, outperforming 93.90% of the companies in the same industry.
In the last couple of years the Profit Margin of ALV has grown nicely.
Looking at the Operating Margin, with a value of 10.64%, ALV is in line with its industry, outperforming 46.34% of the companies in the same industry.
ALV's Operating Margin has improved in the last couple of years.
The Gross Margin of ALV (19.51%) is worse than 71.95% of its industry peers.
ALV's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for ALV has been reduced compared to 5 years ago.
Compared to 1 year ago, ALV has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.95 indicates that ALV is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.95, ALV is in the better half of the industry, outperforming 64.63% of the companies in the same industry.
The Debt to FCF ratio of ALV is 3.55, which is a good value as it means it would take ALV, 3.55 years of fcf income to pay off all of its debts.
ALV's Debt to FCF ratio of 3.55 is amongst the best of the industry. ALV outperforms 87.80% of its industry peers.
A Debt/Equity ratio of 0.68 indicates that ALV is somewhat dependend on debt financing.
ALV's Debt to Equity ratio of 0.68 is on the low side compared to the rest of the industry. ALV is outperformed by 78.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.55 | ||
| Altman-Z | 2.95 |
ROIC/WACC2.77
WACC6.7%
2.3 Liquidity
A Current Ratio of 0.95 indicates that ALV may have some problems paying its short term obligations.
The Current ratio of ALV (0.95) is worse than 92.68% of its industry peers.
A Quick Ratio of 0.70 indicates that ALV may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.70, ALV is doing worse than 89.02% of the companies in the same industry.
| 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%.
ALV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.98% yearly.
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 12.31 indicates a correct valuation of ALV.
Based on the Price/Earnings ratio, ALV is valued a bit cheaper than 67.07% of the companies in the same industry.
When comparing the Price/Earnings ratio of ALV to the average of the S&P500 Index (26.37), we can say ALV is valued rather cheaply.
A Price/Forward Earnings ratio of 10.61 indicates a reasonable valuation of ALV.
ALV's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.20, ALV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.31 | ||
| Fwd PE | 10.61 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALV is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ALV is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.93 | ||
| EV/EBITDA | 6.8 |
4.3 Compensation for Growth
ALV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of ALV may justify a higher PE ratio.
A more expensive valuation may be justified as ALV's earnings are expected to grow with 16.27% in the coming years.
PEG (NY)0.77
PEG (5Y)1.57
EPS Next 2Y16.37%
EPS Next 3Y16.27%
5. Dividend
5.1 Amount
ALV has a Yearly Dividend Yield of 2.94%.
Compared to an average industry Dividend Yield of 4.29, ALV has a dividend in line with its industry peers.
ALV's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
5.2 History
The dividend of ALV has a limited annual growth rate of 1.88%.
ALV has been paying a dividend for at least 10 years, so it has 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
30.32% of the earnings are spent on dividend by ALV. This is a low number and 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%
119.78
+1.89 (+1.6%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners73.41%
Inst Owner Change-3.99%
Ins Owners0.24%
Ins Owner Change-0.33%
Market Cap9.09B
Revenue(TTM)10.61B
Net Income(TTM)752.00M
Analysts78.4
Price Target138.01 (15.22%)
Short Float %3.14%
Short Ratio3.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
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)3.91%
PT rev (3m)6.41%
EPS NQ rev (1m)-1.41%
EPS NQ rev (3m)-1.47%
EPS NY rev (1m)0.1%
EPS NY rev (3m)2.41%
Revenue NQ rev (1m)0.11%
Revenue NQ rev (3m)1.57%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)0.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.31 | ||
| Fwd PE | 10.61 | ||
| P/S | 0.86 | ||
| P/FCF | 15.93 | ||
| P/OCF | 8.8 | ||
| P/B | 3.57 | ||
| P/tB | 7.83 | ||
| EV/EBITDA | 6.8 |
EPS(TTM)9.73
EY8.12%
EPS(NY)11.29
Fwd EY9.43%
FCF(TTM)7.52
FCFY6.28%
OCF(TTM)13.61
OCFY11.36%
SpS139.81
BVpS33.57
TBVpS15.31
PEG (NY)0.77
PEG (5Y)1.57
Graham Number85.73
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 | 2.95 |
F-Score7
WACC6.7%
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 6 / 10 and the dividend payout ratio is 30.32%.