STONERIDGE INC (SRI) Stock Fundamental Analysis
NYSE:SRI - New York Stock Exchange, Inc. - US86183P1021 - Common Stock - Currency: USD
Overall SRI gets a fundamental rating of 2 out of 10. We evaluated SRI against 80 industry peers in the Automobile Components industry. SRI may be in some trouble as it scores bad on both profitability and health. SRI does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year SRI has reported negative net income.
SRI had a positive operating cash flow in the past year.
SRI had negative earnings in 4 of the past 5 years.
SRI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
SRI's Return On Assets of -2.68% is on the low side compared to the rest of the industry. SRI is outperformed by 81.25% of its industry peers.
Looking at the Return On Equity, with a value of -6.95%, SRI is doing worse than 77.50% of the companies in the same industry.
With a Return On Invested Capital value of 0.25%, SRI is not doing good in the industry: 82.50% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for SRI is significantly below the industry average of 9.12%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.68% | ||
| ROE | -6.95% | ||
| ROIC | 0.25% |
ROA(3y)-1.86%
ROA(5y)-1.27%
ROE(3y)-4.51%
ROE(5y)-3.02%
ROIC(3y)1.22%
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 0.17%, SRI is doing worse than 82.50% of the companies in the same industry.
SRI's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 21.33%, SRI is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of SRI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.17% | ||
| PM (TTM) | N/A | ||
| GM | 21.33% |
OM growth 3YN/A
OM growth 5Y-44.52%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.18%
GM growth 5Y-3.99%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SRI is destroying value.
SRI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SRI has more shares outstanding
Compared to 1 year ago, SRI has a worse debt to assets ratio.
2.2 Solvency
SRI has an Altman-Z score of 2.47. This is not the best score and indicates that SRI is in the grey zone with still only limited risk for bankruptcy at the moment.
SRI has a Altman-Z score of 2.47. This is comparable to the rest of the industry: SRI outperforms 52.50% of its industry peers.
The Debt to FCF ratio of SRI is 8.14, which is on the high side as it means it would take SRI, 8.14 years of fcf income to pay off all of its debts.
SRI has a worse Debt to FCF ratio (8.14) than 68.75% of its industry peers.
A Debt/Equity ratio of 0.80 indicates that SRI is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.80, SRI is not doing good in the industry: 81.25% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 8.14 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.03
WACC9.95%
2.3 Liquidity
A Current Ratio of 2.39 indicates that SRI has no problem at all paying its short term obligations.
The Current ratio of SRI (2.39) is better than 80.00% of its industry peers.
A Quick Ratio of 1.52 indicates that SRI should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.52, SRI belongs to the best of the industry, outperforming 82.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
SRI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -264.29%.
SRI shows a decrease in Revenue. In the last year, the revenue decreased by -8.90%.
SRI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.71% yearly.
EPS 1Y (TTM)-264.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18.18%
Revenue 1Y (TTM)-8.9%
Revenue growth 3Y5.64%
Revenue growth 5Y1.71%
Sales Q2Q%-8.89%
3.2 Future
The Earnings Per Share is expected to grow by 67.19% on average over the next years. This is a very strong growth
Based on estimates for the next years, SRI will show a small growth in Revenue. The Revenue will grow by 2.99% on average per year.
EPS Next Y31.23%
EPS Next 2Y67.19%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.73%
Revenue Next 2Y2.99%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for SRI. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 19.51, SRI is valued on the expensive side.
Based on the Price/Forward Earnings ratio, SRI is valued a bit more expensive than the industry average as 66.25% of the companies are valued more cheaply.
SRI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 19.51 |
4.2 Price Multiples
SRI's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SRI is more expensive than 62.50% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SRI is valued a bit cheaper than the industry average as 71.25% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.13 | ||
| EV/EBITDA | 9.28 |
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.
A more expensive valuation may be justified as SRI's earnings are expected to grow with 67.19% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y67.19%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for SRI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.29
-0.37 (-4.83%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners100.23%
Inst Owner Change0%
Ins Owners2.28%
Ins Owner Change9.24%
Market Cap203.03M
Analysts86.67
Price Target14.28 (95.88%)
Short Float %2.83%
Short Ratio2.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-196.74%
Min EPS beat(2)-345.54%
Max EPS beat(2)-47.95%
EPS beat(4)1
Avg EPS beat(4)37.77%
Min EPS beat(4)-397.03%
Max EPS beat(4)941.58%
EPS beat(8)4
Avg EPS beat(8)26.56%
EPS beat(12)6
Avg EPS beat(12)30.03%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.12%
Min Revenue beat(2)-2.68%
Max Revenue beat(2)2.92%
Revenue beat(4)1
Avg Revenue beat(4)-2.7%
Min Revenue beat(4)-7.81%
Max Revenue beat(4)2.92%
Revenue beat(8)3
Avg Revenue beat(8)-0.09%
Revenue beat(12)7
Avg Revenue beat(12)2.18%
Revenue beat(16)10
Avg Revenue beat(16)3.27%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)28%
EPS NY rev (1m)0%
EPS NY rev (3m)18.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 19.51 | ||
| P/S | 0.23 | ||
| P/FCF | 8.13 | ||
| P/OCF | 4.1 | ||
| P/B | 0.8 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 9.28 |
EPS(TTM)-0.51
EYN/A
EPS(NY)0.37
Fwd EY5.13%
FCF(TTM)0.9
FCFY12.29%
OCF(TTM)1.78
OCFY24.4%
SpS31.85
BVpS9.09
TBVpS6.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.68% | ||
| ROE | -6.95% | ||
| ROCE | 0.32% | ||
| ROIC | 0.25% | ||
| ROICexc | 0.3% | ||
| ROICexgc | 0.37% | ||
| OM | 0.17% | ||
| PM (TTM) | N/A | ||
| GM | 21.33% | ||
| FCFM | 2.81% |
ROA(3y)-1.86%
ROA(5y)-1.27%
ROE(3y)-4.51%
ROE(5y)-3.02%
ROIC(3y)1.22%
ROIC(5y)N/A
ROICexc(3y)1.34%
ROICexc(5y)N/A
ROICexgc(3y)1.64%
ROICexgc(5y)N/A
ROCE(3y)1.54%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-44.52%
ROICexc growth 3YN/A
ROICexc growth 5Y-43.72%
OM growth 3YN/A
OM growth 5Y-44.52%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.18%
GM growth 5Y-3.99%
F-Score4
Asset Turnover1.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 8.14 | ||
| Debt/EBITDA | 5.77 | ||
| Cap/Depr | 72.91% | ||
| Cap/Sales | 2.77% | ||
| Interest Coverage | 0.11 | ||
| Cash Conversion | 140.56% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.52 | ||
| Altman-Z | 2.47 |
F-Score4
WACC9.95%
ROIC/WACC0.03
Cap/Depr(3y)90.27%
Cap/Depr(5y)89.37%
Cap/Sales(3y)3.38%
Cap/Sales(5y)3.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-264.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18.18%
EPS Next Y31.23%
EPS Next 2Y67.19%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.9%
Revenue growth 3Y5.64%
Revenue growth 5Y1.71%
Sales Q2Q%-8.89%
Revenue Next Year-3.73%
Revenue Next 2Y2.99%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-92.51%
EBIT growth 3YN/A
EBIT growth 5Y-43.57%
EBIT Next Year178.96%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y247.54%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y184.12%
OCF growth 3YN/A
OCF growth 5Y14.27%