STRT Stock Overview
Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America.
Strattec Security Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$28.79|
|52 Week High||US$45.82|
|52 Week Low||US$28.33|
|1 Month Change||-6.34%|
|3 Month Change||-15.32%|
|1 Year Change||-33.69%|
|3 Year Change||33.91%|
|5 Year Change||-18.56%|
|Change since IPO||121.46%|
Recent News & Updates
|STRT||US Auto Components||US Market|
Return vs Industry: STRT underperformed the US Auto Components industry which returned -30.7% over the past year.
Return vs Market: STRT underperformed the US Market which returned -12.9% over the past year.
|STRT Average Weekly Movement||6.5%|
|Auto Components Industry Average Movement||8.2%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.2%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: STRT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: STRT's weekly volatility (6%) has been stable over the past year.
About the Company
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 and electronically enhanced locks and keys, passive entry passive start systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, and related products. It also provides full service and aftermarket support services for its products.
Strattec Security Fundamentals Summary
|STRT fundamental statistics|
Is STRT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|STRT income statement (TTM)|
|Cost of Revenue||US$381.88m|
Last Reported Earnings
Mar 27, 2022
Next Earnings Date
|Earnings per share (EPS)||2.42|
|Net Profit Margin||2.18%|
How did STRT perform over the long term?See historical performance and comparison
Is STRT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for STRT?
Other financial metrics that can be useful for relative valuation.
|What is STRT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does STRT's PE Ratio compare to its peers?
|STRT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
CAAS China Automotive Systems
KNDI Kandi Technologies Group
SYPR Sypris Solutions
MPAA Motorcar Parts of America
STRT Strattec Security
Price-To-Earnings vs Peers: STRT is good value based on its Price-To-Earnings Ratio (11.9x) compared to the peer average (16.4x).
Price to Earnings Ratio vs Industry
How does STRT's PE Ratio compare vs other companies in the US Auto Components Industry?
Price-To-Earnings vs Industry: STRT is good value based on its Price-To-Earnings Ratio (11.9x) compared to the US Auto Components industry average (17.2x)
Price to Earnings Ratio vs Fair Ratio
What is STRT'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.
|Current PE Ratio||11.9x|
|Fair PE Ratio||16.4x|
Price-To-Earnings vs Fair Ratio: STRT is good value based on its Price-To-Earnings Ratio (11.9x) compared to the estimated Fair Price-To-Earnings Ratio (16.4x).
Share Price vs Fair Value
What is the Fair Price of STRT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: STRT ($28.79) is trading below our estimate of fair value ($277.4)
Significantly Below Fair Value: STRT is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Strattec Security forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STRT's forecast earnings growth (43.1% per year) is above the savings rate (1.9%).
Earnings vs Market: STRT's earnings (43.1% per year) are forecast to grow faster than the US market (12.8% per year).
High Growth Earnings: STRT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: STRT's revenue (8.9% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: STRT's revenue (8.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STRT's Return on Equity is forecast to be low in 3 years time (11.8%).
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How has Strattec Security performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STRT has high quality earnings.
Growing Profit Margin: STRT's current net profit margins (2.2%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: STRT's earnings have grown by 9.2% per year over the past 5 years.
Accelerating Growth: STRT's earnings growth over the past year (5.3%) is below its 5-year average (9.2% per year).
Earnings vs Industry: STRT earnings growth over the past year (5.3%) exceeded the Auto Components industry 4.8%.
Return on Equity
High ROE: STRT's Return on Equity (5.7%) is considered low.
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How is Strattec Security's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: STRT's short term assets ($189.7M) exceed its short term liabilities ($80.0M).
Long Term Liabilities: STRT's short term assets ($189.7M) exceed its long term liabilities ($19.3M).
Debt to Equity History and Analysis
Debt Level: STRT has more cash than its total debt.
Reducing Debt: STRT's debt to equity ratio has reduced from 15.7% to 5.4% over the past 5 years.
Debt Coverage: STRT's debt is well covered by operating cash flow (179.5%).
Interest Coverage: STRT's interest payments on its debt are well covered by EBIT (54.3x coverage).
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What is Strattec Security current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate STRT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate STRT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if STRT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if STRT's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: STRT is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as STRT has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Frank Krejci (72 yo)
Mr. Frank Joseph Krejci has been the Chief Executive Officer of STRATTEC Security Corporation since September 1, 2012 and has been its President since 2010. Mr. Krejci has been the President of Wisconsin F...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD1.34M) is above average for companies of similar size in the US market ($USD767.73K).
Compensation vs Earnings: Frank's compensation has increased by more than 20% in the past year.
Experienced Management: STRT's management team is seasoned and experienced (8.8 years average tenure).
Experienced Board: STRT's board of directors are seasoned and experienced ( 21.9 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.1%.
Strattec Security Corporation's employee growth, exchange listings and data sources
- Name: Strattec Security Corporation
- Ticker: STRT
- Exchange: NasdaqGM
- Founded: 1908
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: US$114.040m
- Shares outstanding: 3.96m
- Website: https://www.strattec.com
Number of Employees
- Strattec Security Corporation
- 3333 West Good Hope Road
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/08 00:00|
|End of Day Share Price||2022/08/08 00:00|
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.