NYSE:ALV

Stock Analysis Report

Executive Summary

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry.

Snowflake

Fundamentals

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Autoliv's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.2%

NYSE:ALV

-1.1%

US Auto Components

0.9%

US Market


1 Year Return

-29.2%

NYSE:ALV

-30.5%

US Auto Components

0.3%

US Market

ALV outperformed the Auto Components industry which returned -31.2% over the past year.

ALV underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

ALVIndustryMarket
7 Day-1.2%-1.1%0.9%
30 Day-7.9%-7.1%-1.9%
90 Day-1.7%1.1%1.6%
1 Year-27.0%-29.2%-29.5%-30.5%2.6%0.3%
3 Year-7.5%-37.7%1.8%-9.3%41.0%31.8%
5 Year-1.1%-36.0%-1.4%-14.8%55.2%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

23.54x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Autoliv's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Autoliv's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Autoliv is overvalued based on earnings compared to the US Auto Components industry average.

Autoliv is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Autoliv is poor value based on expected growth next year.


Price Based on Value of Assets

Autoliv is overvalued based on assets compared to the US Auto Components industry average.


Next Steps

Future Growth

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

19.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Autoliv's revenue is expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).

Autoliv's earnings are expected to grow by 19% yearly, however this is not considered high growth (20% yearly).

Autoliv's revenue growth is positive but not above the United States of America market average.

Autoliv's earnings growth is expected to exceed the United States of America market average.

Autoliv's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Autoliv is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Autoliv performed over the past 5 years?

1.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Autoliv's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

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

Autoliv's 1-year earnings growth is negative, it can't be compared to the US Auto Components industry average.


Return on Equity

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


Return on Assets

Autoliv used its assets less efficiently than the US Auto Components industry average last year based on Return on Assets.


Return on Capital Employed

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


Next Steps

Financial Health

How is Autoliv's financial position?


Financial Position Analysis

Autoliv is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Autoliv's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Autoliv's level of debt (108.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (45% vs 108.8% today).

Debt is well covered by operating cash flow (29.8%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 11.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.4x debt.


Next Steps

Dividend

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

3.77%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Autoliv's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Autoliv's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

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 covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.1x coverage).


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Mikael Bratt (52yo)

1.2yrs

Tenure

US$1,756,972

Compensation

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


CEO Compensation Analysis

Mikael's remuneration is lower than average for companies of similar size in United States of America.

Mikael's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.6yrs

Average Tenure

52yo

Average Age

The average tenure for the Autoliv management team is less than 2 years, this suggests a new team.


Board Age and Tenure

4.0yrs

Average Tenure

65yo

Average Age

The tenure for the Autoliv board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$3,812,99304 Sep 18
Jan Carlson
EntityIndividual
Role
Chairman of the Board
Chairman
Shares42,589
Max PriceUS$89.53

Ownership Breakdown


Management Team

  • Svante Mogefors (64yo)

    Executive VP of Quality & Acting Executive VP of Operations

    • Tenure: 0.8yrs
  • Mikael Bratt (52yo)

    President

    • Tenure: 1.2yrs
    • Compensation: US$1.76m
  • Erin Patrick

    Vice President of Compliance

    • Tenure: 7.9yrs
  • Bradley Murray (60yo)

    President of Autoliv Asia (AAS)

    • Tenure: 1.6yrs
    • Compensation: US$1.29m
  • Anthony Nellis (51yo)

    Executive VP of Legal Affairs

    • Tenure: 0.0yrs
  • Jordi Lombarte (52yo)

    Chief Technology Officer

    • Tenure: 1.6yrs
  • Dan Garceau (51yo)

    President of Autoliv Americas (AAM)

    • Tenure: 1.6yrs
    • Compensation: US$787.03k
  • Anders Trapp

    Vice President of Investor Relations

    • Tenure: 0.0yrs
  • Stina Thorman

    Acting Vice President of Corporate Communications

    • Tenure: 0.0yrs
  • Christian Hanke (50yo)

    Interim CFO

    • Tenure: 0.5yrs

Board Members

  • Jim Ringler (74yo)

    Lead Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$300.00k
  • Jan Olsson (65yo)

    Member of Research Advisory Board

    • Tenure: 0.0yrs
  • Leif Johansson (68yo)

    Independent Director

    • Tenure: 3.5yrs
    • Compensation: US$260.00k
  • Dave Kepler (67yo)

    Independent Director

    • Tenure: 4.5yrs
    • Compensation: US$260.00k
  • Franz-Josef Kortüm (69yo)

    Independent Director

    • Tenure: 5.4yrs
    • Compensation: US$240.00k
  • Jan Carlson (59yo)

    Chairman

    • Tenure: 5.3yrs
    • Compensation: US$3.17m
  • Mikael Bratt (52yo)

    President

    • Tenure: 1.2yrs
    • Compensation: US$1.76m
  • Xiaozhi Liu (63yo)

    Independent Director

    • Tenure: 7.8yrs
    • Compensation: US$240.00k
  • Ola Boström

    VP of Research & Member of Research Advisory Board

    • Tenure: 0.0yrs
  • Ted Senko (63yo)

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: US$225.00k

Company Information

Autoliv, Inc.'s company bio, 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$5.774b
  • Shares outstanding: 87.23m
  • Website: https://www.autoliv.com

Number of Employees


Location

  • Autoliv, Inc.
  • World Trade Center
  • Klarabergsviadukten 70
  • Stockholm
  • Stockholm County
  • 111 64
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALIV SDBOM (OMX Nordic Exchange Stockholm)SDR USD1SESEKAug 1994
0MI0LSE (London Stock Exchange)SDR USD1GBSEKAug 1994
LIVSDB (Deutsche Boerse AG)SDR USD1DEEURAug 1994
ALIVSBATS-CHIXE (BATS 'Chi-X Europe')SDR USD1GBSEKAug 1994
ALVNYSE (New York Stock Exchange)YesCommon SharesUSUSDApr 1997
LIVDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 1997
0HJHLSE (London Stock Exchange)YesCommon SharesGBUSDApr 1997

Biography

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry. The company offers passive safety systems, including modules and componen ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:32
End of Day Share Price2019/08/19 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.