Strattec Security
Market Cap
US$193.5m
Last Updated
2021/04/16 23:16 UTC
Data Sources
Company Financials +
Executive Summary
Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with excellent balance sheet.
Similar Companies
Share Price & News
How has Strattec Security's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STRT is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: STRT's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
3.7%
STRT
-0.9%
US Auto Components
1.3%
US Market
1 Year Return
321.6%
STRT
115.7%
US Auto Components
53.9%
US Market
Return vs Industry: STRT exceeded the US Auto Components industry which returned 128% over the past year.
Return vs Market: STRT exceeded the US Market which returned 57.5% over the past year.
Shareholder returns
| STRT | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.7% | -0.9% | 1.3% |
| 30 Day | 1.4% | -9.7% | 3.3% |
| 90 Day | 10.5% | 1.7% | 8.9% |
| 1 Year | 321.6%321.6% | 116.8%115.7% | 56.6%53.9% |
| 3 Year | 55.4%48.9% | 26.5%17.6% | 64.4%53.6% |
| 5 Year | -3.2%-10.0% | 75.4%51.5% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is Strattec Security's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Is Strattec Security (NASDAQ:STRT) A Risky Investment?2 weeks ago | Simply Wall St
How Many Strattec Security Corporation (NASDAQ:STRT) Shares Have Insiders Sold, In The Last Year?Valuation
Is Strattec Security undervalued compared to its fair value and its price relative to the market?
23.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: STRT ($50.15) is trading below our estimate of fair value ($67.49)
Significantly Below Fair Value: STRT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: STRT is good value based on its PE Ratio (24.8x) compared to the US Auto Components industry average (26x).
PE vs Market: STRT is poor value based on its PE Ratio (24.8x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: STRT is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: STRT is good value based on its PB Ratio (1.1x) compared to the US Auto Components industry average (2.5x).
Future Growth
How is Strattec Security forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
53.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STRT's forecast earnings growth (53.9% per year) is above the savings rate (2%).
Earnings vs Market: STRT's earnings (53.9% per year) are forecast to grow faster than the US market (18.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: STRT's revenue (14.2% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: STRT's revenue (14.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if STRT's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Strattec Security performed over the past 5 years?
-37.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STRT has high quality earnings.
Growing Profit Margin: STRT's current net profit margins (1.8%) are higher than last year (0.3%).
Past Earnings Growth Analysis
Earnings Trend: STRT's earnings have declined by 37.1% per year over the past 5 years.
Accelerating Growth: STRT's earnings growth over the past year (467.2%) exceeds its 5-year average (-37.1% per year).
Earnings vs Industry: STRT earnings growth over the past year (467.2%) exceeded the Auto Components industry 16.5%.
Return on Equity
High ROE: STRT's Return on Equity (6.1%) is considered low.
Financial Health
How is Strattec Security's financial position?
Financial Position Analysis
Short Term Liabilities: STRT's short term assets ($165.9M) exceed its short term liabilities ($76.7M).
Long Term Liabilities: STRT's short term assets ($165.9M) exceed its long term liabilities ($28.8M).
Debt to Equity History and Analysis
Debt Level: STRT's debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: STRT's debt to equity ratio has increased from 6.4% to 10.9% over the past 5 years.
Debt Coverage: STRT's debt is well covered by operating cash flow (99.4%).
Interest Coverage: STRT's interest payments on its debt are well covered by EBIT (24.4x coverage).
Balance Sheet
Dividend
What is Strattec Security current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate STRT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate STRT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if STRT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if STRT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: STRT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of STRT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.5yrs
Average management tenure
CEO
Frank Krejci (70 yo)
8.58yrs
Tenure
US$561,502
Compensation
Mr. Frank Joseph Krejci has been the Chief Executive Officer of STRATTEC Security Corporation since September 1, 2012 and has been its President since 2010. Mr. Krejci has been the President of Wisconsin F...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD561.50K) is below average for companies of similar size in the US market ($USD997.88K).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: STRT's management team is seasoned and experienced (7.5 years average tenure).
Board Members
Experienced Board: STRT's board of directors are seasoned and experienced ( 22.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: STRT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Strattec Security Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Strattec Security Corporation
- Ticker: STRT
- Exchange: NasdaqGM
- Founded: 1908
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$193.480m
- Shares outstanding: 3.79m
- Website: https://www.strattec.com
Number of Employees
Location
- Strattec Security Corporation
- 3333 West Good Hope Road
- Milwaukee
- Wisconsin
- 53209
- United States
Listings
Biography
Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. The company offers mechanical...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/16 23:16 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/27 |
| Annual Earnings | 2020/06/28 |
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.