Cooper Tire & Rubber Company, together with its subsidiaries, designs, manufactures, markets, and sells replacement tires in North America, Latin America, Europe, and Asia. More Details
No risks detected for CTB from our risk checks.
Flawless balance sheet with proven track record.
Share Price & News
How has Cooper Tire & Rubber's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CTB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: CTB's weekly volatility (2%) has been stable over the past year.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: CTB exceeded the US Auto Components industry which returned 70.4% over the past year.
Return vs Market: CTB exceeded the US Market which returned 36.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Cooper Tire & Rubber's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs Now The Time To Look At Buying Cooper Tire & Rubber Company (NYSE:CTB)?
3 months ago | Simply Wall StIs Now The Time To Put Cooper Tire & Rubber (NYSE:CTB) On Your Watchlist?
4 months ago | Simply Wall StCooper Tire & Rubber Company (NYSE:CTB) Pays A US$0.10 Dividend In Just Three Days
Is Cooper Tire & Rubber undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CTB ($60.17) is trading above our estimate of fair value ($49.66)
Significantly Below Fair Value: CTB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CTB is good value based on its PE Ratio (17.2x) compared to the US Auto Components industry average (32.9x).
PE vs Market: CTB is good value based on its PE Ratio (17.2x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: CTB is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: CTB is good value based on its PB Ratio (2.2x) compared to the US Auto Components industry average (2.6x).
How is Cooper Tire & Rubber forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTB's forecast earnings growth (13.9% per year) is above the savings rate (2%).
Earnings vs Market: CTB's earnings (13.9% per year) are forecast to grow slower than the US market (15.2% per year).
High Growth Earnings: CTB's earnings are forecast to grow, but not significantly.
Revenue vs Market: CTB's revenue (6.8% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: CTB's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CTB's Return on Equity is forecast to be high in 3 years time
How has Cooper Tire & Rubber performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTB has high quality earnings.
Growing Profit Margin: CTB's current net profit margins (6.7%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: CTB's earnings have declined by 21.1% per year over the past 5 years.
Accelerating Growth: CTB's earnings growth over the past year (126.7%) exceeds its 5-year average (-21.1% per year).
Earnings vs Industry: CTB earnings growth over the past year (126.7%) exceeded the Auto Components industry 39.8%.
Return on Equity
High ROE: CTB's Return on Equity (12.5%) is considered low.
How is Cooper Tire & Rubber's financial position?
Financial Position Analysis
Short Term Liabilities: CTB's short term assets ($1.5B) exceed its short term liabilities ($616.9M).
Long Term Liabilities: CTB's short term assets ($1.5B) exceed its long term liabilities ($917.4M).
Debt to Equity History and Analysis
Debt Level: CTB's debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: CTB's debt to equity ratio has reduced from 28.8% to 23.3% over the past 5 years.
Debt Coverage: CTB's debt is well covered by operating cash flow (160.6%).
Interest Coverage: CTB's interest payments on its debt are well covered by EBIT (12.2x coverage).
What is Cooper Tire & Rubber current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CTB's dividend (0.7%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: CTB's dividend (0.7%) is low compared to the top 25% of dividend payers in the US market (3.38%).
Stability and Growth of Payments
Stable Dividend: CTB is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: CTB's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12%), CTB's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brad Hughes (58 yo)
Mr. Bradley E. Hughes, also known as Brad, has been the Chief Executive Officer and President of Cooper Tire & Rubber Co. since September 1, 2016. Mr. Hughes served as the Chief Operating Officer and Senio...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD6.30M) is about average for companies of similar size in the US market ($USD5.19M).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
Experienced Management: CTB's management team is considered experienced (3.3 years average tenure).
Experienced Board: CTB's board of directors are considered experienced (3.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cooper Tire & Rubber Company's company bio, employee growth, exchange listings and data sources
- Name: Cooper Tire & Rubber Company
- Ticker: CTB
- Exchange: NYSE
- Founded: 1914
- Industry: Tires and Rubber
- Sector: Automobiles
- Market Cap: US$3.040b
- Shares outstanding: 50.52m
- Website: https://www.coopertire.com
Number of Employees
- Cooper Tire & Rubber Company
- 701 Lima Avenue
- United States
Cooper Tire & Rubber Company, together with its subsidiaries, designs, manufactures, markets, and sells replacement tires in North America, Latin America, Europe, and Asia. The company operates through Ame...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/07 22:12|
|End of Day Share Price||2021/06/04 00:00|
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.