APTIV PLC (APTV)
JE00B783TY65 - Common Stock
Overall APTV gets a fundamental rating of 5 out of 10. We evaluated APTV against 42 industry peers in the Automobile Components industry. APTV scores excellent on profitability, 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
In the past year APTV was profitable.
APTV had a positive operating cash flow in the past year.
Each year in the past 5 years APTV has been profitable.
In the past 5 years APTV always reported a positive cash flow from operatings.
1.2 Ratios
APTV has a better Return On Assets (11.91%) than 88.10% of its industry peers.
With an excellent Return On Equity value of 25.19%, APTV belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
APTV has a better Return On Invested Capital (7.92%) than 69.05% 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 9.33%.
The 3 year average ROIC (7.57%) for APTV is below the current ROIC(7.92%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.91% | ||
| ROE | 25.19% | ||
| ROIC | 7.92% |
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's Profit Margin of 14.51% is amongst the best of the industry. APTV outperforms 97.62% of its industry peers.
APTV's Profit Margin has improved in the last couple of years.
The Operating Margin of APTV (8.83%) is better than 71.43% of its industry peers.
APTV's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 17.15%, APTV perfoms like the industry average, outperforming 40.48% of the companies in the same industry.
APTV's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.83% | ||
| PM (TTM) | 14.51% | ||
| GM | 17.15% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so APTV is still creating some value.
The number of shares outstanding for APTV has been increased compared to 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 2.58. 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 has a Altman-Z score (2.58) which is comparable to the rest of the industry.
The Debt to FCF ratio of APTV is 6.28, which is on the high side as it means it would take APTV, 6.28 years of fcf income to pay off all of its debts.
APTV has a Debt to FCF ratio of 6.28. This is comparable to the rest of the industry: APTV outperforms 54.76% of its industry peers.
A Debt/Equity ratio of 0.54 indicates that APTV is somewhat dependend on debt financing.
The Debt to Equity ratio of APTV (0.54) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 6.28 | ||
| Altman-Z | 2.58 |
ROIC/WACC1.2
WACC6.59%
2.3 Liquidity
A Current Ratio of 1.72 indicates that APTV should not have too much problems paying its short term obligations.
The Current ratio of APTV (1.72) is comparable to the rest of the industry.
APTV has a Quick Ratio of 1.22. This is a normal value and indicates that APTV is financially healthy and should not expect problems in meeting its short term obligations.
APTV has a Quick ratio (1.22) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
APTV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.94%, which is quite impressive.
APTV shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.61% yearly.
APTV shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.65%.
Measured over the past years, APTV shows a small growth in Revenue. The Revenue has been growing by 6.79% on average per year.
EPS 1Y (TTM)42.94%
EPS 3Y38.23%
EPS 5Y-1.61%
EPS growth Q2Q10.24%
Revenue 1Y (TTM)14.65%
Revenue growth 3Y15.34%
Revenue growth 5Y6.79%
Revenue growth Q2Q6.01%
3.2 Future
The Earnings Per Share is expected to grow by 26.38% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 9.92% on average over the next years. This is quite good.
EPS Next Y21.14%
EPS Next 2Y22.69%
EPS Next 3Y21.06%
EPS Next 5Y26.38%
Revenue Next Year6.81%
Revenue Next 2Y7.18%
Revenue Next 3Y7.16%
Revenue Next 5Y9.92%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.01, the valuation of APTV can be described as correct.
Based on the Price/Earnings ratio, APTV is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
APTV's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.06.
A Price/Forward Earnings ratio of 13.21 indicates a correct valuation of APTV.
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 (20.72), we can say APTV is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.01 | ||
| Fwd PE | 13.21 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as APTV.
The rest of the industry has a similar Price/Free Cash Flow ratio as APTV.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.43 | ||
| EV/EBITDA | 8.8 |
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.
The decent profitability rating of APTV may justify a higher PE ratio.
APTV's earnings are expected to grow with 21.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.76
PEG (5Y)N/A
EPS Next 2Y22.69%
EPS Next 3Y21.06%
5. Dividend
5.1 Amount
No dividends for APTV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
APTIV PLC
NYSE:APTV (5/2/2024, 7:04:00 PM)
After market: 77.79 0 (0%)77.79
+8.04 (+11.53%)
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 Cap21.21B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.01 | ||
| Fwd PE | 13.21 | ||
| 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)0.76
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.91% | ||
| ROE | 25.19% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.83% | ||
| PM (TTM) | 14.51% | ||
| GM | 17.15% | ||
| 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 Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.22 | ||
| 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)
Growth
EPS 1Y (TTM)42.94%
EPS 3Y38.23%
EPS 5Y
EPS growth Q2Q
EPS Next Y21.14%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)14.65%
Revenue growth 3Y15.34%
Revenue growth 5Y
Revenue growth 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