STRATTEC SECURITY CORP (STRT) Stock Fundamental Analysis
USA - NASDAQ:STRT - US8631111007 - Common Stock
67.58 USD
+1.01 (+1.52%)
67.58 USD
0 (0%)
STRT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 83 industry peers in the Automobile Components industry. While STRT has a great health rating, its profitability is only average at the moment. STRT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
STRT had positive earnings in the past year.
STRT had a positive operating cash flow in the past year.
Of the past 5 years STRT 4 years were profitable.
Each year in the past 5 years STRT had a positive operating cash flow.
1.2 Ratios
STRT has a Return On Assets of 4.77%. This is amongst the best in the industry. STRT outperforms 89.16% of its industry peers.
STRT has a Return On Equity of 8.43%. This is comparable to the rest of the industry: STRT outperforms 40.96% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.62%, STRT is doing worse than 66.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 8.43% | ||
| ROIC | 6.62% |
ROA(3y)2.43%
ROA(5y)3.34%
ROE(3y)4.31%
ROE(5y)5.81%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 3.31%, STRT perfoms like the industry average, outperforming 40.96% of the companies in the same industry.
STRT's Profit Margin has improved in the last couple of years.
The Operating Margin of STRT (4.03%) is worse than 72.29% of its industry peers.
STRT's Operating Margin has improved in the last couple of years.
The Gross Margin of STRT (14.97%) is worse than 78.31% of its industry peers.
STRT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.03% | ||
| PM (TTM) | 3.31% | ||
| GM | 14.97% |
OM growth 3Y27.02%
OM growth 5YN/A
PM growth 3Y28.8%
PM growth 5YN/A
GM growth 3Y6.53%
GM growth 5Y10.25%
2. Health
2.1 Basic Checks
STRT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, STRT has more shares outstanding
The number of shares outstanding for STRT has been increased compared to 5 years ago.
The debt/assets ratio for STRT has been reduced compared to a year ago.
2.2 Solvency
STRT has an Altman-Z score of 4.10. This indicates that STRT is financially healthy and has little risk of bankruptcy at the moment.
STRT has a better Altman-Z score (4.10) than 80.72% of its industry peers.
STRT has a debt to FCF ratio of 0.12. This is a very positive value and a sign of high solvency as it would only need 0.12 years to pay back of all of its debts.
STRT has a better Debt to FCF ratio (0.12) than 96.39% of its industry peers.
A Debt/Equity ratio of 0.04 indicates that STRT is not too dependend on debt financing.
The Debt to Equity ratio of STRT (0.04) is better than 89.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.12 | ||
| Altman-Z | 4.1 |
ROIC/WACC0.75
WACC8.86%
2.3 Liquidity
STRT has a Current Ratio of 2.43. This indicates that STRT is financially healthy and has no problem in meeting its short term obligations.
STRT has a better Current ratio (2.43) than 84.34% of its industry peers.
STRT has a Quick Ratio of 1.82. This is a normal value and indicates that STRT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.82, STRT belongs to the top of the industry, outperforming 87.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.43 | ||
| Quick Ratio | 1.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.29% over the past year.
Measured over the past years, STRT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.17% on average per year.
The Revenue has been growing slightly by 5.08% in the past year.
STRT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.96% yearly.
EPS 1Y (TTM)12.29%
EPS 3Y36.42%
EPS 5Y16.17%
EPS Q2Q%-15.9%
Revenue 1Y (TTM)5.08%
Revenue growth 3Y7.7%
Revenue growth 5Y7.96%
Sales Q2Q%6.26%
3.2 Future
Based on estimates for the next years, STRT will show a very strong growth in Earnings Per Share. The EPS will grow by 30.07% on average per year.
The Revenue is expected to grow by 6.71% on average over the next years.
EPS Next Y16.62%
EPS Next 2Y18.16%
EPS Next 3Y30.07%
EPS Next 5YN/A
Revenue Next Year2.82%
Revenue Next 2Y4.42%
Revenue Next 3Y5.82%
Revenue Next 5Y6.71%
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
A Price/Earnings ratio of 14.79 indicates a correct valuation of STRT.
Compared to the rest of the industry, the Price/Earnings ratio of STRT is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.83. STRT is valued slightly cheaper when compared to this.
STRT is valuated correctly with a Price/Forward Earnings ratio of 12.68.
STRT's Price/Forward Earnings ratio is in line with the industry average.
STRT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.79 | ||
| Fwd PE | 12.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, STRT is valued a bit cheaper than the industry average as 69.88% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, STRT is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.36 | ||
| EV/EBITDA | 5.34 |
4.3 Compensation for Growth
STRT's 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 STRT's earnings are expected to grow with 30.07% in the coming years.
PEG (NY)0.89
PEG (5Y)0.91
EPS Next 2Y18.16%
EPS Next 3Y30.07%
5. Dividend
5.1 Amount
No dividends for STRT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
67.58
+1.01 (+1.52%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners79.61%
Inst Owner Change1.96%
Ins Owners3.59%
Ins Owner Change-2.66%
Market Cap281.13M
Revenue(TTM)565.07M
Net Income(TTM)18.68M
Analysts82.86
Price Target81.6 (20.75%)
Short Float %4.12%
Short Ratio2.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)60.2%
Min EPS beat(2)36.22%
Max EPS beat(2)84.17%
EPS beat(4)4
Avg EPS beat(4)48.37%
Min EPS beat(4)12.04%
Max EPS beat(4)84.17%
EPS beat(8)8
Avg EPS beat(8)214.81%
EPS beat(12)8
Avg EPS beat(12)18.72%
EPS beat(16)9
Avg EPS beat(16)4.95%
Revenue beat(2)2
Avg Revenue beat(2)2.07%
Min Revenue beat(2)0.3%
Max Revenue beat(2)3.85%
Revenue beat(4)3
Avg Revenue beat(4)0.94%
Min Revenue beat(4)-2.15%
Max Revenue beat(4)3.85%
Revenue beat(8)6
Avg Revenue beat(8)2.53%
Revenue beat(12)8
Avg Revenue beat(12)1.25%
Revenue beat(16)9
Avg Revenue beat(16)0.34%
PT rev (1m)6.67%
PT rev (3m)26.98%
EPS NQ rev (1m)-0.68%
EPS NQ rev (3m)36.11%
EPS NY rev (1m)22.94%
EPS NY rev (3m)10%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)4.46%
Revenue NY rev (1m)2.9%
Revenue NY rev (3m)1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.79 | ||
| Fwd PE | 12.68 | ||
| P/S | 0.5 | ||
| P/FCF | 4.36 | ||
| P/OCF | 3.92 | ||
| P/B | 1.27 | ||
| P/tB | 1.27 | ||
| EV/EBITDA | 5.34 |
EPS(TTM)4.57
EY6.76%
EPS(NY)5.33
Fwd EY7.89%
FCF(TTM)15.51
FCFY22.95%
OCF(TTM)17.23
OCFY25.5%
SpS135.83
BVpS53.27
TBVpS53.27
PEG (NY)0.89
PEG (5Y)0.91
Graham Number74.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 8.43% | ||
| ROCE | 8.37% | ||
| ROIC | 6.62% | ||
| ROICexc | 9.6% | ||
| ROICexgc | 9.6% | ||
| OM | 4.03% | ||
| PM (TTM) | 3.31% | ||
| GM | 14.97% | ||
| FCFM | 11.42% |
ROA(3y)2.43%
ROA(5y)3.34%
ROE(3y)4.31%
ROE(5y)5.81%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y46.18%
ROICexgc growth 5YN/A
ROICexc growth 3Y46.18%
ROICexc growth 5YN/A
OM growth 3Y27.02%
OM growth 5YN/A
PM growth 3Y28.8%
PM growth 5YN/A
GM growth 3Y6.53%
GM growth 5Y10.25%
F-Score7
Asset Turnover1.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.12 | ||
| Debt/EBITDA | 0.21 | ||
| Cap/Depr | 48.47% | ||
| Cap/Sales | 1.27% | ||
| Interest Coverage | 22.63 | ||
| Cash Conversion | 190.89% | ||
| Profit Quality | 345.31% | ||
| Current Ratio | 2.43 | ||
| Quick Ratio | 1.82 | ||
| Altman-Z | 4.1 |
F-Score7
WACC8.86%
ROIC/WACC0.75
Cap/Depr(3y)68.98%
Cap/Depr(5y)65.06%
Cap/Sales(3y)2.2%
Cap/Sales(5y)2.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.29%
EPS 3Y36.42%
EPS 5Y16.17%
EPS Q2Q%-15.9%
EPS Next Y16.62%
EPS Next 2Y18.16%
EPS Next 3Y30.07%
EPS Next 5YN/A
Revenue 1Y (TTM)5.08%
Revenue growth 3Y7.7%
Revenue growth 5Y7.96%
Sales Q2Q%6.26%
Revenue Next Year2.82%
Revenue Next 2Y4.42%
Revenue Next 3Y5.82%
Revenue Next 5Y6.71%
EBIT growth 1Y27.94%
EBIT growth 3Y36.8%
EBIT growth 5YN/A
EBIT Next Year70.73%
EBIT Next 3Y42.03%
EBIT Next 5Y25.21%
FCF growth 1Y2504.8%
FCF growth 3YN/A
FCF growth 5Y37.68%
OCF growth 1Y484.4%
OCF growth 3Y90.06%
OCF growth 5Y23.04%
STRATTEC SECURITY CORP / STRT FAQ
What is the ChartMill fundamental rating of STRATTEC SECURITY CORP (STRT) stock?
ChartMill assigns a fundamental rating of 6 / 10 to STRT.
Can you provide the valuation status for STRATTEC SECURITY CORP?
ChartMill assigns a valuation rating of 6 / 10 to STRATTEC SECURITY CORP (STRT). This can be considered as Fairly Valued.
Can you provide the profitability details for STRATTEC SECURITY CORP?
STRATTEC SECURITY CORP (STRT) has a profitability rating of 5 / 10.
Can you provide the financial health for STRT stock?
The financial health rating of STRATTEC SECURITY CORP (STRT) is 8 / 10.
Is the dividend of STRATTEC SECURITY CORP sustainable?
The dividend rating of STRATTEC SECURITY CORP (STRT) is 0 / 10 and the dividend payout ratio is 0%.