Market Cap
US$22.5b
Last Updated
2020/02/17 01:22 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.
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with limited growth.
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
1.2%
APTV
1.2%
US Auto Components
1.5%
US Market
1 Year Return
9.1%
APTV
-6.8%
US Auto Components
20.1%
US Market
Return vs Industry: APTV exceeded the US Auto Components industry which returned -6.8% over the past year.
Return vs Market: APTV underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| APTV | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 1.2% | 1.5% |
| 30 Day | -3.5% | -4.9% | 1.4% |
| 90 Day | -3.1% | -2.8% | 8.7% |
| 1 Year | 10.2%9.1% | -5.4%-6.8% | 22.7%20.1% |
| 3 Year | 44.7%17.0% | -7.4%-16.6% | 50.1%40.5% |
| 5 Year | 42.2%11.5% | 3.0%-11.8% | 73.1%54.1% |
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
4 days ago | Simply Wall St
What Is Aptiv PLC's (NYSE:APTV) Share Price Doing?2 weeks ago | Simply Wall St
Aptiv PLC Annual Results Just Came Out: Here's What Analysts Are Forecasting For Next Year2 weeks ago | Simply Wall St
Aptiv PLC (NYSE:APTV) Will Pay A US$0.22 Dividend In 2 DaysValuation
Is Aptiv undervalued compared to its fair value and its price relative to the market?
2.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APTV ($88.32) is trading below our estimate of fair value ($90.86)
Significantly Below Fair Value: APTV is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: APTV is poor value based on its PE Ratio (22.9x) compared to the Auto Components industry average (17.3x).
PE vs Market: APTV is poor value based on its PE Ratio (22.9x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: APTV is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: APTV is overvalued based on its PB Ratio (5.9x) 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?
13.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APTV's forecast earnings growth (13.8% per year) is above the savings rate (1.7%).
Earnings vs Market: APTV's earnings (13.8% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: APTV's earnings are forecast to grow, but not significantly.
Revenue vs Market: APTV's revenue (5.8% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: APTV's revenue (5.8% 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 (27.5%)
Next Steps
Past Performance
How has Aptiv performed over the past 5 years?
-4.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APTV has high quality earnings.
Growing Profit Margin: APTV's current net profit margins (6.9%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: APTV's earnings have declined by -4.4% 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 (-7.2%) over the past year, making it difficult to compare to the Auto Components industry average (-1.4%).
Return on Equity
High ROE: Whilst APTV's Return on Equity (25.16%) 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 ($5.3B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: APTV's short term assets ($5.3B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: APTV's debt to equity ratio (108.3%) is considered high.
Reducing Debt: APTV's debt to equity ratio has increased from 80.7% to 108.3% over the past 5 years.
Debt Coverage: APTV's debt is well covered by operating cash flow (37.4%).
Interest Coverage: APTV's interest payments on its debt are well covered by EBIT (9.3x 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?
1.00%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: APTV's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: APTV's dividend (1%) is low compared to the top 25% of dividend payers in the US market (3.69%).
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 (22.8%), 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
How experienced are the management team and are they aligned to shareholders interests?
4.9yrs
Average management tenure
CEO
Kevin Clark (57yo)
4.9yrs
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 above average for companies of similar size in the US market ($USD10.81M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.9yrs | US$14.12m | 0.35% $79.6m | |
| Senior VP & CFO | 3.9yrs | US$4.71m | 0.046% $10.5m | |
| Senior VP | 14.3yrs | US$2.90m | 0.033% $7.5m | |
| Senior VP & President of Advanced Safety and User Experience | 3yrs | US$3.00m | 0.0027% $615.5k | |
| Vice President of Global Operations | 5.6yrs | no data | no data | |
| VP & Chief Accounting Officer | 9yrs | no data | 0.0083% $1.9m | |
| Senior VP & CTO | 2.9yrs | no data | 0.019% $4.2m | |
| Senior VP & Chief Information Officer | 5yrs | no data | no data | |
| Vice President of Investor Relations | 4.1yrs | no data | no data | |
| Senior VP of Sales and President of Europe | 0yrs | no data | no data |
4.9yrs
Average Tenure
55.5yo
Average Age
Experienced Management: APTV's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.9yrs | US$14.12m | 0.35% $79.6m | |
| Independent Director | 2yrs | US$251.77k | 0.00062% $139.8k | |
| Independent Chairman of the Board | 4.9yrs | US$500.03k | 0.013% $2.8m | |
| Independent Director | 10.2yrs | US$280.02k | 0.048% $10.7m | |
| Independent Director | 10.3yrs | US$305.06k | 0.0070% $1.6m | |
| Member of Technology Advisory Council | 0yrs | no data | no data | |
| Independent Director | 10.3yrs | US$265.02k | 0.0046% $1.0m | |
| Member of Technology Advisory Council | 0yrs | no data | no data | |
| Member of Technology Advisory Council | 0yrs | no data | no data | |
| Member of Technology Advisory Council | 0yrs | no data | no data |
7.5yrs
Average Tenure
64yo
Average Age
Experienced Board: APTV's board of directors are considered experienced (7.5 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Aptiv PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aptiv PLC
- Ticker: APTV
- Exchange: NYSE
- Founded: 2011
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$22.547b
- 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 markets. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience. The Signal and Power Solutions segment designs, manufactures, and assembles vehicle’s electrical architecture, including engineered component products, connectors, wiring assemblies and harnesses, cable management products, electrical centers, and hybrid high voltage and safety distribution systems. The Advanced Safety and User Experience segment provides critical components, systems integration and advanced software development for vehicle safety, security, and comfort and convenience, including sensing and perception systems, electronic control units, multi-domain controllers, vehicle connectivity systems, application software, and autonomous driving technologies. It serves automotive original equipment manufacturers. The company operates in North America, Europe, the Middle East, Africa, and South America. The company was formerly known as Delphi Automotive PLC and changed its name to Aptiv PLC in December 2017. Aptiv PLC was founded in 2011 and is based in Dublin, Ireland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 01:22 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.