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ALV

AutolivNYSE:ALV Stock Report

Market Cap

US$8.1b

7D

-4.6%

1Y

8.6%

Updated

23 Oct, 2021

Data

Company Financials +
ALV fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends4/6

ALV Overview

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia.

Autoliv Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Autoliv
Historical stock prices
Current Share PriceUS$92.27
52 Week HighUS$74.53
52 Week LowUS$108.76
Beta1.76
1 Month Change6.57%
3 Month Change-1.58%
1 Year Change8.63%
3 Year Change12.84%
5 Year Change-4.21%
Change since IPO160.83%

Recent News & Updates

Oct 19
Is Autoliv, Inc. (NYSE:ALV) Potentially Undervalued?

Is Autoliv, Inc. (NYSE:ALV) Potentially Undervalued?

Autoliv, Inc. ( NYSE:ALV ), is not the largest company out there, but it saw a decent share price growth in the teens...

Sep 10

Autoliv: 3 Reasons To Buy This Automotive Safety Innovator

Autoliv is trading near the lower bound of its valuation multiples. It is committing to sustainable operations and minimizing its impact on the environment. The headwinds that are creating the lower valuation are easy to understand and transitory in nature.

Aug 23
Is Autoliv, Inc. (NYSE:ALV) Trading At A 25% Discount?

Is Autoliv, Inc. (NYSE:ALV) Trading At A 25% Discount?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Autoliv, Inc...

Shareholder Returns

ALVUS Auto ComponentsUS Market
7D-4.6%-2.0%1.7%
1Y8.6%44.5%30.3%

Return vs Industry: ALV underperformed the US Auto Components industry which returned 44.5% over the past year.

Return vs Market: ALV underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is ALV's price volatile compared to industry and market?
ALV volatility
ALV Beta1.76
Industry Beta1.85
Market Beta1

Stable Share Price: ALV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ALV's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195358,695Mikael Bratthttps://www.autoliv.com

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, and battery cable cutters, as well as protection systems for road users, such as pedestrians and cyclists. The company primarily serves car manufacturers.

Autoliv Fundamentals Summary

How do Autoliv's earnings and revenue compare to its market cap?
ALV fundamental statistics
Market CapUS$8.07b
Earnings (TTM)US$547.90m
Revenue (TTM)US$8.82b

14.7x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALV income statement (TTM)
RevenueUS$8.82b
Cost of RevenueUS$7.07b
Gross ProfitUS$1.74b
ExpensesUS$1.20b
EarningsUS$547.90m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.26
Gross Margin19.78%
Net Profit Margin6.21%
Debt/Equity Ratio79.3%

How did ALV perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

10%

Payout Ratio

Valuation

Is Autoliv undervalued compared to its fair value and its price relative to the market?

28.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALV ($92.27) is trading below our estimate of fair value ($129.21)

Significantly Below Fair Value: ALV is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ALV is good value based on its PE Ratio (14.7x) compared to the US Auto Components industry average (18.4x).

PE vs Market: ALV is good value based on its PE Ratio (14.7x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: ALV is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: ALV is overvalued based on its PB Ratio (3.1x) compared to the US Auto Components industry average (2.7x).


Future Growth

How is Autoliv forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

19.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALV's forecast earnings growth (19.6% per year) is above the savings rate (2%).

Earnings vs Market: ALV's earnings (19.6% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: ALV's earnings are forecast to grow, but not significantly.

Revenue vs Market: ALV's revenue (9.3% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: ALV's revenue (9.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALV's Return on Equity is forecast to be high in 3 years time (22.1%)


Past Performance

How has Autoliv performed over the past 5 years?

-17.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALV has high quality earnings.

Growing Profit Margin: ALV's current net profit margins (6.2%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: ALV's earnings have declined by 17.8% per year over the past 5 years.

Accelerating Growth: ALV's earnings growth over the past year (288.6%) exceeds its 5-year average (-17.8% per year).

Earnings vs Industry: ALV earnings growth over the past year (288.6%) exceeded the Auto Components industry 133.9%.


Return on Equity

High ROE: ALV's Return on Equity (21%) is considered high.


Financial Health

How is Autoliv's financial position?


Financial Position Analysis

Short Term Liabilities: ALV's short term assets ($3.8B) exceed its short term liabilities ($2.9B).

Long Term Liabilities: ALV's short term assets ($3.8B) exceed its long term liabilities ($2.2B).


Debt to Equity History and Analysis

Debt Level: ALV's debt to equity ratio (79.3%) is considered high.

Reducing Debt: ALV's debt to equity ratio has increased from 39.3% to 79.3% over the past 5 years.

Debt Coverage: ALV's debt is well covered by operating cash flow (51.6%).

Interest Coverage: ALV's interest payments on its debt are well covered by EBIT (13.1x coverage).


Balance Sheet


Dividend

What is Autoliv current dividend yield, its reliability and sustainability?

2.69%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALV's dividend (2.69%) is higher than the bottom 25% of dividend payers in the US market (1.29%).

High Dividend: ALV's dividend (2.69%) is low compared to the top 25% of dividend payers in the US market (3.47%).


Stability and Growth of Payments

Stable Dividend: ALV's dividend payments have been volatile in the past 10 years.

Growing Dividend: ALV's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.9%), ALV's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ALV's dividends in 3 years are forecast to be well covered by earnings (25.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Mikael Bratt (54 yo)

3.33yrs

Tenure

US$3,038,389

Compensation

Mr. Mikael Bratt has been President and Chief Executive Officer of Autoliv, Inc. since June 29, 2018 and its Director since September 20, 2018. Mr. Bratt was the President of Passive Safety at Autoliv, Inc...


CEO Compensation Analysis

Compensation vs Market: Mikael's total compensation ($USD3.04M) is below average for companies of similar size in the US market ($USD6.35M).

Compensation vs Earnings: Mikael's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ALV's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: ALV's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ALV 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

Autoliv, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Autoliv, Inc.
  • Ticker: ALV
  • Exchange: NYSE
  • Founded: 1953
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: US$8.072b
  • Shares outstanding: 87.48m
  • Website: https://www.autoliv.com

Number of Employees


Location

  • Autoliv, Inc.
  • Klarabergsviadukten 70
  • Section B7
  • Stockholm
  • Stockholm County
  • 111 64
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/23 22:06
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.