NYSE:APTV

Stock Analysis Report

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

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


Market Performance


7 Day Return

-3.4%

APTV

-4.6%

US Auto Components

-0.6%

US Market


1 Year Return

-3.5%

APTV

-23.3%

US Auto Components

0.6%

US Market

APTV outperformed the Auto Components industry which returned -22.2% over the past year.

APTV underperformed the Market in United States of America which returned 1.1% over the past year.


Share holder returns

APTVIndustryMarket
7 Day-3.4%-4.6%-0.6%
30 Day4.3%7.8%2.2%
90 Day11.0%0.1%1.1%
1 Year-2.5%-3.5%-22.1%-23.3%2.9%0.6%
3 Year55.5%25.3%6.6%-5.1%44.6%35.2%
5 Year73.5%35.8%15.7%-0.3%61.9%44.2%

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

2 weeks ago | Simply Wall St

Why Aptiv PLC's (NYSE:APTV) High P/E Ratio Isn't Necessarily A Bad Thing

Valuation

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

23.1x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

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

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


Price Based on Expected Growth

Aptiv is poor value based on expected growth next year.


Price Based on Value of Assets

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


Next Steps

Future Growth

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

13.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Aptiv's revenue is expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).

Aptiv's earnings are expected to grow by 13.9% yearly, however this is not considered high growth (20% yearly).

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

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

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


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Aptiv performed over the past 5 years?

-6.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Aptiv's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

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

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


Return on Equity

Whilst Aptiv has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

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


Return on Capital Employed

Aptiv's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Aptiv's financial position?


Financial Position Analysis

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

Aptiv's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Aptiv's level of debt (120.5%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (66.6% vs 120.5% today).

Debt is well covered by operating cash flow (33.9%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 10.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.1x debt.


Next Steps

Dividend

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

1.12%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Aptiv's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Aptiv's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

Whilst dividend payments have been stable, Aptiv has been paying a dividend for less than 10 years.

Dividend payments have increased, but Aptiv only paid a dividend in the past 7 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (6.5x coverage).


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Kevin Clark (57yo)

4.5yrs

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

Kevin's remuneration is about average for companies of similar size in United States of America.

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


Management Age and Tenure

4.5yrs

Average Tenure

55.5yo

Average Age

The tenure for the Aptiv management team is about average.


Board Age and Tenure

7.1yrs

Average Tenure

64yo

Average Age

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


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$762,64511 Dec 18
Kevin Clark
EntityIndividual
Role
Chief Executive Officer
President
Shares11,310
Max PriceUS$67.43

Ownership Breakdown


Management Team

  • Kevin Clark (57yo)

    President

    • Tenure: 4.5yrs
    • Compensation: US$14.12m
  • David Sherbin (60yo)

    Senior VP

    • Tenure: 13.9yrs
    • Compensation: US$2.90m
  • Joe Massaro (49yo)

    Senior VP & CFO

    • Tenure: 3.5yrs
    • Compensation: US$4.71m
  • Matt Peterson (54yo)

    Senior VP & Chief Information Officer

    • Tenure: 4.6yrs
  • Allan Brazier (52yo)

    VP & Chief Accounting Officer

    • Tenure: 8.6yrs
  • Michael Gassen (61yo)

    Senior VP of Sales and President of Europe

    • Tenure: 0yrs
  • Elena Rosman

    Vice President of Investor Relations

    • Tenure: 3.7yrs
  • David Paja (49yo)

    Senior VP & President of Advanced Safety and User Experience

    • Tenure: 0yrs
    • Compensation: US$3.00m
  • Bill Guggina

    Vice President of Global Operations

    • Tenure: 5.2yrs
  • Glen De Vos (58yo)

    Senior VP

    • Tenure: 2.5yrs

Board Members

  • Nancy Cooper (65yo)

    Director

    • Tenure: 1.6yrs
    • Compensation: US$251.77k
  • Kevin Clark (57yo)

    President

    • Tenure: 4.5yrs
    • Compensation: US$14.12m
  • Raj Gupta (74yo)

    Chairman of the Board

    • Tenure: 4.5yrs
    • Compensation: US$500.03k
  • Nick Donofrio (73yo)

    Independent Director

    • Tenure: 9.8yrs
    • Compensation: US$280.02k
  • Larry Zimmerman (76yo)

    Independent Director

    • Tenure: 9.8yrs
    • Compensation: US$305.06k
  • Hamid Malaye (58yo)

    Member of Technology Advisory Council

    • Tenure: 0yrs
  • Sean Mahoney (56yo)

    Independent Director

    • Tenure: 9.8yrs
    • 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$22.307b
  • Shares outstanding: 256.19m
  • 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

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 00:31
End of Day Share Price2019/09/20 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.