Market Cap
US$23.6b
Last Updated
2019/11/17 00:35 UTC
Data Sources
Company Financials +
Executive Summary
Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide.
Snowflake
Fundamentals
Adequate balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Aptiv's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APTV has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-4.7%
APTV
-4.8%
US Auto Components
0.7%
US Market
1 Year Return
24.4%
APTV
-0.9%
US Auto Components
12.9%
US Market
Return vs Industry: APTV exceeded the US Auto Components industry which returned -0.9% over the past year.
Return vs Market: APTV exceeded the US Market which returned 12.9% over the past year.
Shareholder returns
| APTV | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.7% | -4.8% | 0.7% |
| 30 Day | 3.8% | 3.5% | 4.4% |
| 90 Day | 10.5% | 14.4% | 7.0% |
| 1 Year | 25.8%24.4% | 0.6%-0.9% | 15.4%12.9% |
| 3 Year | 67.7%35.4% | 9.3%-1.7% | 49.1%39.5% |
| 5 Year | 63.9%28.4% | 15.8%-0.2% | 62.7%44.7% |
Price Volatility Vs. Market
How volatile is Aptiv's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Do Aptiv PLC’s (NYSE:APTV) Returns On Capital Employed Make The Cut?2 weeks ago | Simply Wall St
Earnings Miss: Aptiv PLC Missed EPS By 16% And Analysts Are Revising Their Forecasts2 weeks ago | Simply Wall St
Aptiv PLC (NYSE:APTV) Looks Interesting, And It's About To Pay A DividendValuation
Is Aptiv undervalued compared to its fair value and its price relative to the market?
23.71x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: APTV ($92.31) is trading above our estimate of fair value ($61.9)
Significantly Below Fair Value: APTV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: APTV is poor value based on its PE Ratio (23.7x) compared to the Auto Components industry average (17x).
PE vs Market: APTV is poor value based on its PE Ratio (23.7x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: APTV is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: APTV is overvalued based on its PB Ratio (6.6x) compared to the US Auto Components industry average (1.3x).
Next Steps
Future Growth
How is Aptiv forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
16.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APTV's forecast earnings growth (16.2% per year) is above the savings rate (2.7%).
Earnings vs Market: APTV's earnings (16.2% per year) are forecast to grow faster than the US market (14.4% per year).
High Growth Earnings: APTV's earnings are forecast to grow, but not significantly.
Revenue vs Market: APTV's revenue (7.1% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: APTV's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APTV's Return on Equity is forecast to be high in 3 years time (29.7%)
Next Steps
Past Performance
How has Aptiv performed over the past 5 years?
-5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APTV has high quality earnings.
Growing Profit Margin: APTV's current net profit margins (7%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: APTV's earnings have declined by -5.3% per year over the past 5 years.
Accelerating Growth: APTV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: APTV had negative earnings growth (-1.4%) over the past year, making it difficult to compare to the Auto Components industry average (4.1%).
Return on Equity
High ROE: Whilst APTV's Return on Equity (27.11%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Aptiv's financial position?
Financial Position Analysis
Short Term Liabilities: APTV's short term assets ($5.4B) exceeds its short term liabilities ($3.9B)
Long Term Liabilities: APTV's short term assets (5.4B) exceeds its long term liabilities (5.3B)
Debt to Equity History and Analysis
Debt Level: APTV's debt to equity ratio (115.3%) is considered high
Reducing Debt: APTV's debt to equity ratio has increased from 72.7% to 115.3% over the past 5 years.
Debt Coverage: APTV's debt is well covered by operating cash flow (38.5%).
Interest Coverage: APTV's interest payments on its debt are well covered by EBIT (10.1x coverage).
Balance Sheet
Inventory Level: APTV has a high level of physical assets or inventory.
Debt Coverage by Assets: APTV's debt is covered by short term assets (assets are 1.2x debt).
Next Steps
Dividend
What is Aptiv's current dividend yield, its reliability and sustainability?
0.95%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: APTV's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: APTV's dividend (0.95%) is low compared to the top 25% of dividend payers in the US market (3.65%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, APTV has been paying a dividend for less than 10 years.
Growing Dividend: APTV's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.6%), APTV's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: APTV's dividends in 3 years are forecast to be well covered by earnings (15.4% payout ratio).
Next Steps
Management
What is the CEO of Aptiv's salary, the management and board of directors tenure and is there insider trading?
4.7yrs
Average management tenure
CEO
Kevin Clark (57yo)
4.7yrs
Tenure
US$14,123,103
Compensation
Mr. Kevin P. Clark has been the Chief Executive Officer and President of Aptiv PLC (Formerly, Delphi Automotive PLC) since March 1, 2015. Mr. Clark served as the Chief Operating Officer of Delphi Automotiv ...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD14.12M) is about average for companies of similar size in the US market ($USD11.01M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.7yrs
Average Tenure
55.5yo
Average Age
Experienced Management: APTV's management team is considered experienced (4.7 years average tenure).
Board Age and Tenure
7.3yrs
Average Tenure
64yo
Average Age
Experienced Board: APTV's board of directors are considered experienced (7.3 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 11,310 |
| Max Price | US$67.43 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Kevin Clark (57yo)
President
- Tenure: 4.7yrs
- Compensation: US$14.12m
David Sherbin (60yo)
Senior VP
- Tenure: 14.1yrs
- Compensation: US$2.90m
Joe Massaro (49yo)
Senior VP & CFO
- Tenure: 3.7yrs
- Compensation: US$4.71m
Matt Peterson (54yo)
Senior VP & Chief Information Officer
- Tenure: 4.8yrs
Allan Brazier (52yo)
VP & Chief Accounting Officer
- Tenure: 8.8yrs
Michael Gassen (61yo)
Senior VP of Sales and President of Europe
- Tenure: 0yrs
Elena Rosman
Vice President of Investor Relations
- Tenure: 3.8yrs
David Paja (49yo)
Senior VP & President of Advanced Safety and User Experience
- Tenure: 2.8yrs
- Compensation: US$3.00m
Bill Guggina
Vice President of Global Operations
- Tenure: 5.3yrs
Glen De Vos (58yo)
Senior VP & CTO
- Tenure: 2.7yrs
Board Members
Nancy Cooper (65yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: US$251.77k
Kevin Clark (57yo)
President
- Tenure: 4.7yrs
- Compensation: US$14.12m
Raj Gupta (74yo)
Independent Chairman of the Board
- Tenure: 4.7yrs
- Compensation: US$500.03k
Nick Donofrio (73yo)
Independent Director
- Tenure: 9.9yrs
- Compensation: US$280.02k
Larry Zimmerman (76yo)
Independent Director
- Tenure: 10yrs
- Compensation: US$305.06k
Hamid Malaye (58yo)
Member of Technology Advisory Council
- Tenure: 0yrs
Sean Mahoney (56yo)
Independent Director
- Tenure: 10yrs
- Compensation: US$265.02k
Magnus Jonsson (63yo)
Member of Technology Advisory Council
- Tenure: 0yrs
Jens Hadler
Member of Technology Advisory Council
- Tenure: 0yrs
Ma Jun
Member of Technology Advisory Council
- Tenure: 0yrs
Company Information
Aptiv PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aptiv PLC
- Ticker: APTV
- Exchange: NYSE
- Founded:
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$23.566b
- Shares outstanding: 255.29m
- Website: https://www.aptiv.com
Number of Employees
Location
- Aptiv PLC
- 5 Hanover Quay
- Grand Canal Dock
- Dublin
- Co. Dublin
- 2
- Ireland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| APTV | NYSE (New York Stock Exchange) | Yes | Ordinary shares | US | USD | Nov 2011 |
| D7A | DB (Deutsche Boerse AG) | Yes | Ordinary shares | DE | EUR | Nov 2011 |
| 0YCP | LSE (London Stock Exchange) | Yes | Ordinary shares | GB | USD | Nov 2011 |
| APTV N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary shares | MX | MXN | Nov 2011 |
| APTV34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REP 0.5 COM USD0.01 | BR | BRL | May 2019 |
Biography
Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle market ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/17 00:35 |
| End of Day Share Price | 2019/11/15 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.