BIT:FCA

Stock Analysis Report

Fiat Chrysler Automobiles

Executive Summary

Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems.

Snowflake

Fundamentals

Very undervalued established dividend payer.


Similar Companies

Share Price & News

How has Fiat Chrysler Automobiles's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.8%

BIT:FCA

-4.6%

IT Auto

-0.4%

IT Market


1 Year Return

-19.4%

BIT:FCA

-17.8%

IT Auto

-3.0%

IT Market

FCA underperformed the Auto industry which returned -17.8% over the past year.

FCA underperformed the Market in Italy which returned -3% over the past year.


Share holder returns

FCAIndustryMarket
7 Day-4.8%-4.6%-0.4%
30 Day-9.4%-9.2%-7.2%
90 Day-17.3%-16.3%-4.6%
1 Year-6.5%-19.4%-5.4%-17.8%1.2%-3.0%
3 Year120.3%89.3%114.6%85.3%22.2%5.8%
5 Year165.4%51.1%146.4%46.8%9.6%-34.8%

Price Volatility Vs. Market

How volatile is Fiat Chrysler Automobiles's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fiat Chrysler Automobiles undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Fiat Chrysler Automobiles's share price is below the future cash flow value, and at a moderate discount (> 20%).

Fiat Chrysler Automobiles's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Fiat Chrysler Automobiles is good value based on earnings compared to the Europe Auto industry average.

Fiat Chrysler Automobiles is good value based on earnings compared to the Italy market.


Price Based on Expected Growth

Fiat Chrysler Automobiles is good value based on expected growth next year.


Price Based on Value of Assets

Fiat Chrysler Automobiles is good value based on assets compared to the IT Auto industry average.


Next Steps

Future Growth

How is Fiat Chrysler Automobiles expected to perform in the next 1 to 3 years based on estimates from 21 analysts?

9.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Fiat Chrysler Automobiles's revenue is expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).

Fiat Chrysler Automobiles's earnings are expected to grow by 9.4% yearly, however this is not considered high growth (20% yearly).

Fiat Chrysler Automobiles's revenue growth is positive but not above the Italy market average.

Fiat Chrysler Automobiles's earnings growth is expected to exceed the Italy market average.

Fiat Chrysler Automobiles's earnings growth is expected to exceed the low risk savings rate of 2.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Fiat Chrysler Automobiles is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Fiat Chrysler Automobiles performed over the past 5 years?

40.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Fiat Chrysler Automobiles has delivered over 20% year on year earnings growth in the past 5 years.

Fiat Chrysler Automobiles's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Fiat Chrysler Automobiles's 1-year earnings growth is negative, it can't be compared to the Europe Auto industry average.


Return on Equity

Fiat Chrysler Automobiles has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Fiat Chrysler Automobiles used its assets less efficiently than the Europe Auto industry average last year based on Return on Assets.


Return on Capital Employed

Fiat Chrysler Automobiles has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Fiat Chrysler Automobiles's financial position?


Financial Position Analysis

Fiat Chrysler Automobiles's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Fiat Chrysler Automobiles's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Fiat Chrysler Automobiles's level of debt (49.1%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (323.3% vs 49.1% today).

Debt is well covered by operating cash flow (63.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 6.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.8x debt.


Next Steps

Dividend

What is Fiat Chrysler Automobiles's current dividend yield, its reliability and sustainability?

6.01%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Fiat Chrysler Automobiles's pays a higher dividend yield than the bottom 25% of dividend payers in Italy (2.15%).

Fiat Chrysler Automobiles's dividend is above the markets top 25% of dividend payers in Italy (4.57%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.9x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (5.3x coverage).


Next Steps

Management

What is the CEO of Fiat Chrysler Automobiles's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Mike Manley (55yo)

1.1yrs

Tenure

€2,980,429

Compensation

Mr. Michael M. Manley, also known as Mike, has been Chief Executive Officer at Fiat Chrysler Automobiles NV since July 21, 2018. He was Head of Ram Brand at Fiat Chrysler Automobiles N.V. since October 20 ...


CEO Compensation Analysis

Mike's remuneration is higher than average for companies of similar size in Italy.

Insufficient data for Mike to compare compensation growth.


Management Age and Tenure

4.8yrs

Average Tenure

56yo

Average Age

The tenure for the Fiat Chrysler Automobiles management team is about average.


Board Age and Tenure

4.8yrs

Average Tenure

60.5yo

Average Age

The tenure for the Fiat Chrysler Automobiles board of directors is about average.


Insider Trading

Fiat Chrysler Automobiles individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Sell€3,098,24528 May 19
Michael Manley
EntityIndividual
Role
CEO & Executive Director
Member of the Board of Directors
Shares250,000
Max Price€12.39
Sell€1,276,86609 May 19
Michael Manley
EntityIndividual
Role
CEO & Executive Director
Member of the Board of Directors
Shares97,753
Max Price€13.06
Sell€569,85322 Mar 19
Michael Manley
EntityIndividual
Role
CEO & Executive Director
Member of the Board of Directors
Shares44,479
Max Price€12.81
Sell€678,92219 Mar 19
Michael Manley
EntityIndividual
Role
CEO & Executive Director
Member of the Board of Directors
Shares50,900
Max Price€13.34
Sell€521,38518 Mar 19
Michael Manley
EntityIndividual
Role
CEO & Executive Director
Member of the Board of Directors
Shares40,900
Max Price€12.75
Sell€500,13815 Mar 19
Michael Manley
EntityIndividual
Role
CEO & Executive Director
Member of the Board of Directors
Shares39,600
Max Price€12.63
Sell€386,53514 Mar 19
Michael Manley
EntityIndividual
Role
CEO & Executive Director
Member of the Board of Directors
Shares30,700
Max Price€12.59

Ownership Breakdown


Management Team

  • John Elkann (43yo)

    Chairman of the Board

    • Compensation: 3.12m
  • Olivier François (57yo)

    Head of Fiat Brand & Chief Marketing Officer

    • Tenure: 7.9yrs
  • Mike Keegan (53yo)

    Chief Audit

    • Tenure: 0.4yrs
  • Catlin Van Etten

    Group Chief Accounting Officer

  • Niel Golightly

    Global Chief Communications Officer

    • Tenure: 0.7yrs
  • Mike Manley (55yo)

    CEO & Executive Director

    • Tenure: 1.1yrs
    • Compensation: 2.98m
  • Giorgio Fossati (58yo)

    Corporate General Counsel

    • Tenure: 4.8yrs
  • Richard Palmer (52yo)

    CFO & Head of Business Development

    • Tenure: 7.9yrs
  • Joe Veltri (61yo)

    Vice-President of Investor Relations

  • Harald Wester (60yo)

    CTO & Executive Chairman of Maserati

    • Tenure: 11.9yrs

Board Members

  • John Elkann (43yo)

    Chairman of the Board

    • Tenure: 4.8yrs
    • Compensation: 3.12m
  • Patience Wheatcroft (68yo)

    Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: 193.88k
  • Valerie Mars (60yo)

    Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: 190.10k
  • Ronald Thompson (70yo)

    Senior Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: 205.91k
  • Andrea Agnelli (44yo)

    Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: 169.36k
  • Mike Manley (55yo)

    CEO & Executive Director

    • Tenure: 0.9yrs
    • Compensation: 2.98m
  • Tiberto Brandolini d'Adda (71yo)

    Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: 170.43k
  • Glenn Peter Earle (61yo)

    Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: 204.68k
  • Harald Wester (60yo)

    CTO & Executive Chairman of Maserati

    • Tenure: 0.1yrs
  • Gildo Zegna (64yo)

    Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: 191.24k

Company Information

Fiat Chrysler Automobiles N.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fiat Chrysler Automobiles N.V.
  • Ticker: FCA
  • Exchange: BIT
  • Founded: 1899
  • Industry: automobile manufacturers
  • Sector: automobiles
  • Market Cap: €17.326b
  • Shares outstanding: 1.57b
  • Website: Click here

Number of Employees


Location

  • Fiat Chrysler Automobiles N.V.
  • 25 St. James’ Street
  • London
  • Greater London
  • SW1A 1HA
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FCABIT (Borsa Italiana)YesCommon SharesITEURJan 1992
2FIDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1992
FCAUNYSE (New York Stock Exchange)YesCommon SharesUSUSDJan 1992
FCAMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJan 1992
FCA NBMV (Bolsa Mexicana de Valores)YesCommon SharesMXMXNJan 1992
0QXRLSE (London Stock Exchange)YesCommon SharesGBEURJan 1992
2FIXTRA (XETRA Trading Platform)YesCommon SharesDEEURJan 1992
FCAUWBAG (Wiener Boerse AG)YesCommon SharesATEURJan 1992

Biography

Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through five segm ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 21:51
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.