Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 3/6 |
Past Performance | 3/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
1316 Stock Overview
Nexteer Automotive Group Limited, an investment holding company, designs, develops, manufactures, and distributes steering and driveline systems and components for automobile manufacturers and other automotive-related companies.
Rewards
Risk Analysis
No risks detected for 1316 from our risk checks.
Nexteer Automotive Group Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | HK$5.81 |
52 Week High | HK$12.44 |
52 Week Low | HK$3.84 |
Beta | 1.29 |
1 Month Change | 30.27% |
3 Month Change | 18.33% |
1 Year Change | -47.47% |
3 Year Change | -40.23% |
5 Year Change | -52.53% |
Change since IPO | 126.07% |
Recent News & Updates
These 4 Measures Indicate That Nexteer Automotive Group (HKG:1316) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
At HK$5.26, Is Nexteer Automotive Group Limited (HKG:1316) Worth Looking At Closely?
While Nexteer Automotive Group Limited ( HKG:1316 ) might not be the most widely known stock at the moment, it led the...
Shareholder Returns
1316 | HK Auto Components | HK Market | |
---|---|---|---|
7D | 14.8% | 11.8% | 2.1% |
1Y | -47.5% | -30.9% | -23.3% |
Return vs Industry: 1316 underperformed the Hong Kong Auto Components industry which returned -30.9% over the past year.
Return vs Market: 1316 underperformed the Hong Kong Market which returned -23.3% over the past year.
Price Volatility
1316 volatility | |
---|---|
1316 Average Weekly Movement | 9.7% |
Auto Components Industry Average Movement | 7.4% |
Market Average Movement | 7.0% |
10% most volatile stocks in HK Market | 13.8% |
10% least volatile stocks in HK Market | 3.3% |
Stable Share Price: 1316 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 1316's weekly volatility (10%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1906 | 11,900 | n/a | https://www.nexteer.com |
Nexteer Automotive Group Limited, an investment holding company, designs, develops, manufactures, and distributes steering and driveline systems and components for automobile manufacturers and other automotive-related companies. It offers electric power steering (EPS) products, such as column, pinion, and rack assist, as well as dual pinion EPS; EPS remanufacturing products, intermediate shafts, and modular power packs; and hydraulic power steering products, such as magnetic torque overlay, smart flow pumps, power steering pumps and reservoirs, rack and pinion steering gears, and recirculating ball steering gears, as well as aftermarket products. The company also provides steering columns, including power tilts and telescopes, power rakes and telescopes, one-touch adjustable columns, manual rakes and telescopes, non-adjustable columns, intermediate shafts, transmission shifters, and stowable steering column, as well as electronics, modules, and sub-assemblies.
Nexteer Automotive Group Fundamentals Summary
1316 fundamental statistics | |
---|---|
Market Cap | US$1.86b |
Earnings (TTM) | US$118.44m |
Revenue (TTM) | US$3.36b |
15.7x
P/E Ratio0.6x
P/S RatioIs 1316 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
1316 income statement (TTM) | |
---|---|
Revenue | US$3.36b |
Cost of Revenue | US$3.00b |
Gross Profit | US$363.43m |
Other Expenses | US$244.99m |
Earnings | US$118.44m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.047 |
Gross Margin | 10.82% |
Net Profit Margin | 3.53% |
Debt/Equity Ratio | 4.2% |
How did 1316 perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield20%
Payout RatioValuation
Is 1316 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1316?
Other financial metrics that can be useful for relative valuation.
What is 1316's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$1.86b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 0.5x |
Enterprise Value/EBITDA | 7.1x |
PEG Ratio | 0.6x |
Price to Earnings Ratio vs Peers
How does 1316's PE Ratio compare to its peers?
1316 PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 71.6x |
Price-To-Earnings vs Peers: 1316 is good value based on its Price-To-Earnings Ratio (15.7x) compared to the peer average (71.6x).
Price to Earnings Ratio vs Industry
How does 1316's PE Ratio compare vs other companies in the Auto Components Industry?
Price-To-Earnings vs Industry: 1316 is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the Hong Kong Auto Components industry average (14.3x)
Price to Earnings Ratio vs Fair Ratio
What is 1316's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 15.7x |
Fair PE Ratio | 13.1x |
Price-To-Earnings vs Fair Ratio: 1316 is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the estimated Fair Price-To-Earnings Ratio (13.1x).
Share Price vs Fair Value
What is the Fair Price of 1316 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1316 (HK$5.81) is trading below our estimate of fair value (HK$13.67)
Significantly Below Fair Value: 1316 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 1316 is good value based on its PEG Ratio (0.6x)
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Future Growth
How is Nexteer Automotive Group forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
27.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1316's forecast earnings growth (27.8% per year) is above the savings rate (1.5%).
Earnings vs Market: 1316's earnings (27.8% per year) are forecast to grow faster than the Hong Kong market (17% per year).
High Growth Earnings: 1316's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1316's revenue (10% per year) is forecast to grow slower than the Hong Kong market (10.2% per year).
High Growth Revenue: 1316's revenue (10% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1316's Return on Equity is forecast to be low in 3 years time (11.9%).
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Past Performance
How has Nexteer Automotive Group performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-20.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1316 has high quality earnings.
Growing Profit Margin: 1316's current net profit margins (3.5%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: 1316's earnings have declined by 20.5% per year over the past 5 years.
Accelerating Growth: 1316's earnings growth over the past year (1.4%) exceeds its 5-year average (-20.5% per year).
Earnings vs Industry: 1316 earnings growth over the past year (1.4%) exceeded the Auto Components industry -29.7%.
Return on Equity
High ROE: 1316's Return on Equity (6.3%) is considered low.
Discover strong past performing companies
Financial Health
How is Nexteer Automotive Group's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 1316's short term assets ($1.4B) exceed its short term liabilities ($942.1M).
Long Term Liabilities: 1316's short term assets ($1.4B) exceed its long term liabilities ($261.8M).
Debt to Equity History and Analysis
Debt Level: 1316 has more cash than its total debt.
Reducing Debt: 1316's debt to equity ratio has reduced from 51.3% to 4.2% over the past 5 years.
Debt Coverage: 1316's debt is well covered by operating cash flow (340.5%).
Interest Coverage: 1316 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Nexteer Automotive Group current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1316's dividend (1.28%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.74%).
High Dividend: 1316's dividend (1.28%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.89%).
Stability and Growth of Payments
Stable Dividend: 1316 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 1316 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: 1316 is not paying a notable dividend for the Hong Kong market.
Cash Payout to Shareholders
Cash Flow Coverage: 1316 is paying a dividend but the company has no free cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Nexteer Automotive Group has no CEO, or we have no data on them.
Leadership Team
Experienced Management: 1316's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
Experienced Board: 1316's board of directors are considered experienced (3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Nexteer Automotive Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Nexteer Automotive Group Limited
- Ticker: 1316
- Exchange: SEHK
- Founded: 1906
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: HK$14.582b
- Shares outstanding: 2.51b
- Website: https://www.nexteer.com
Number of Employees
Location
- Nexteer Automotive Group Limited
- 1272 Doris Road
- Auburn Hills
- Michigan
- 48326-2617
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/25 00:00 |
End of Day Share Price | 2022/06/24 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.