NYSE:APTV

Stock Analysis Report

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Executive Summary

Aptiv PLC designs, manufacturers, and sells vehicle components worldwide.


Snowflake Analysis

Solid track record with excellent balance sheet.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.9%

APTV

6.3%

US Auto Components

2.5%

US Market


1 Year Return

0.4%

APTV

2.9%

US Auto Components

16.3%

US Market

Return vs Industry: APTV underperformed the US Auto Components industry which returned 3% over the past year.

Return vs Market: APTV underperformed the US Market which returned 16.3% over the past year.


Shareholder returns

APTVIndustryMarket
7 Day7.9%6.3%2.5%
30 Day11.2%12.0%5.3%
90 Day23.1%23.7%16.3%
1 Year0.9%0.4%4.1%2.9%18.8%16.3%
3 Year11.6%-9.2%-8.1%-18.2%45.0%35.7%
5 Year39.5%10.0%15.7%-2.3%75.8%56.8%

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

Valuation

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

12.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: APTV ($83.86) is trading above our estimate of fair value ($76.38)

Significantly Below Fair Value: APTV is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: APTV is good value based on its PE Ratio (12.8x) compared to the US Auto Components industry average (28.2x).

PE vs Market: APTV is good value based on its PE Ratio (12.8x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: APTV's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: APTV is overvalued based on its PB Ratio (3.3x) compared to the US Auto Components industry average (1.7x).


Next Steps

Future Growth

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

-1.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: APTV's earnings are forecast to decline over the next 3 years (-1.6% per year).

Earnings vs Market: APTV's earnings are forecast to decline over the next 3 years (-1.6% per year).

High Growth Earnings: APTV's earnings are forecast to decline over the next 3 years.

Revenue vs Market: APTV's revenue (12.5% per year) is forecast to grow faster than the US market (9.4% per year).

High Growth Revenue: APTV's revenue (12.5% 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 low in 3 years time (14.6%).


Next Steps

Past Performance

How has Aptiv performed over the past 5 years?

7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: APTV has a large one-off gain of $1.2B impacting its June 30 2020 financial results.

Growing Profit Margin: APTV's current net profit margins (13.6%) are higher than last year (6.9%).


Past Earnings Growth Analysis

Earnings Trend: APTV's earnings have grown by 7.4% per year over the past 5 years.

Accelerating Growth: APTV's earnings growth over the past year (70.8%) exceeds its 5-year average (7.4% per year).

Earnings vs Industry: APTV earnings growth over the past year (70.8%) exceeded the Auto Components industry -22%.


Return on Equity

High ROE: APTV's Return on Equity (23.8%) is considered high.


Next Steps

Financial Health

How is Aptiv's financial position?


Financial Position Analysis

Short Term Liabilities: APTV's short term assets ($5.4B) exceed its short term liabilities ($2.9B).

Long Term Liabilities: APTV's short term assets ($5.4B) exceed its long term liabilities ($5.3B).


Debt to Equity History and Analysis

Debt Level: APTV's debt to equity ratio (57.9%) is considered high.

Reducing Debt: APTV's debt to equity ratio has reduced from 91% to 57.9% over the past 5 years.

Debt Coverage: APTV's debt is well covered by operating cash flow (26.2%).

Interest Coverage: APTV's interest payments on its debt are well covered by EBIT (4.3x coverage).


Balance Sheet


Next Steps

Dividend

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

0.37%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate APTV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate APTV'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 APTV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if APTV's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: APTV is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of APTV's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Kevin Clark (58 yo)

5.42yrs

Tenure

US$15,164,533

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 ($USD15.16M) is above average for companies of similar size in the US market ($USD11.35M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Kevin Clark
President5.42yrsUS$15.16m0.37%
$ 84.3m
Joseph Massaro
Senior VP & CFO4.42yrsUS$5.19m0.057%
$ 13.0m
David Sherbin
Senior VP14.58yrsUS$2.84m0.037%
$ 8.3m
Mariya Trickett
Senior VP & Chief Human Resources Officer1.92yrsUS$2.98m0.020%
$ 4.6m
David Paja
Senior VP and President of Advanced Safety & User Experience Segment3.5yrsUS$3.14m0.032%
$ 7.2m
Allan Brazier
VP & Chief Accounting Officer9.5yrsno data0.0099%
$ 2.2m
Glen De Vos
Senior VP & CTO3.42yrsno data0.022%
$ 4.9m
Matthew Peterson
Senior VP & Chief Information Officer5.5yrsno datano data
Elena Rosman
Vice President of Investor Relations4.58yrsno datano data
Michael Gassen
Senior VP of Sales and President of Europeno datano datano data
Wendy Miller
Senior VP & Chief Marketing Officer1.58yrsno datano data
Diedrich Von Behr
Managing Director of Electronic Controls Product Business Unit -Europeno datano datano data

4.5yrs

Average Tenure

55yo

Average Age

Experienced Management: APTV's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kevin Clark
President5.42yrsUS$15.16m0.37%
$ 84.3m
Nancy Cooper
Independent Director2.5yrsUS$287.56k0.0013%
$ 292.1k
Rajiv Gupta
Independent Chairman of the Board5.42yrsUS$519.06k0.013%
$ 3.0m
Nicholas Donofrio
Independent Director10.67yrsUS$280.08k0.046%
$ 10.3m
Lawrence Zimmerman
Independent Director10.75yrsUS$282.58k0.0073%
$ 1.6m
Hamid Malaye
Member of Technology Advisory Councilno datano datano data
Sean Mahoney
Independent Director10.75yrsUS$265.02k0.0050%
$ 1.1m
Magnus Jonsson
Member of Technology Advisory Councilno datano datano data
Glenn Lurie
Member of Technology Advisory Councilno datano datano data
Jens Hadler
Member of Technology Advisory Councilno datano datano data
Ma Jun
Member of Technology Advisory Councilno datano datano data
David Strickland
Member of Technology Advisory Councilno datano datano data

8.0yrs

Average Tenure

64yo

Average Age

Experienced Board: APTV's board of directors are considered experienced (8 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 been diluted in the past year, with total shares outstanding growing by 5.4%.


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:
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: US$22.644b
  • Shares outstanding: 270.03m
  • Website: https://www.aptiv.com

Number of Employees


Location

  • Aptiv PLC
  • 5 Hanover Quay
  • Grand Canal Dock
  • Dublin
  • Co. Dublin
  • 2
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APTVNYSE (New York Stock Exchange)YesOrdinary shares USUSDNov 2011
D7ADB (Deutsche Boerse AG)YesOrdinary shares DEEURNov 2011
0YCPLSE (London Stock Exchange)YesOrdinary shares GBUSDNov 2011
APTV NBMV (Bolsa Mexicana de Valores)YesOrdinary shares MXMXNNov 2011
APTV34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REP 0.5 COM USD0.01BRBRLMay 2019
APTV.PRANYSE (New York Stock Exchange)5.5% CNV PFD AUSUSDJun 2020

Biography

Aptiv PLC designs, manufacturers, and sells vehicle components worldwide. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It o ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/08 23:42
End of Day Share Price2020/08/07 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.