Stoneridge
Market Cap
US$805.6m
Last Updated
2021/01/17 00:21 UTC
Data Sources
Company Financials +
Executive Summary
Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Stoneridge's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SRI's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-4.0%
SRI
-2.6%
US Auto Components
-1.0%
US Market
1 Year Return
1.1%
SRI
30.7%
US Auto Components
19.6%
US Market
Return vs Industry: SRI underperformed the US Auto Components industry which returned 30.6% over the past year.
Return vs Market: SRI underperformed the US Market which returned 19.6% over the past year.
Shareholder returns
| SRI | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.0% | -2.6% | -1.0% |
| 30 Day | 0.3% | 2.5% | 2.2% |
| 90 Day | 32.8% | 30.9% | 11.5% |
| 1 Year | 1.1%1.1% | 31.8%30.7% | 22.3%19.6% |
| 3 Year | 13.2%13.2% | 6.3%-0.9% | 45.3%35.7% |
| 5 Year | 163.5%163.5% | 89.1%58.4% | 124.8%99.8% |
Long-Term Price Volatility Vs. Market
How volatile is Stoneridge's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Stoneridge (NYSE:SRI) Is Carrying A Fair Bit Of Debt1 month ago | Simply Wall St
Have Insiders Been Selling Stoneridge, Inc. (NYSE:SRI) Shares?2 months ago | Simply Wall St
Stoneridge (NYSE:SRI) Shareholders Booked A 91% Gain In The Last Five YearsValuation
Is Stoneridge undervalued compared to its fair value and its price relative to the market?
3.05x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SRI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SRI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SRI is unprofitable, so we can't compare its PE Ratio to the US Auto Components industry average.
PE vs Market: SRI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SRI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SRI is overvalued based on its PB Ratio (3x) compared to the US Auto Components industry average (2x).
Next Steps
Future Growth
How is Stoneridge forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
87.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SRI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: SRI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SRI's is expected to become profitable in the next 3 years.
Revenue vs Market: SRI's revenue (9.2% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: SRI's revenue (9.2% 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 SRI's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Stoneridge performed over the past 5 years?
1.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRI is currently unprofitable.
Growing Profit Margin: SRI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SRI is unprofitable, but has reduced losses over the past 5 years at a rate of 1.3% per year.
Accelerating Growth: Unable to compare SRI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SRI is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-10.3%).
Return on Equity
High ROE: SRI has a negative Return on Equity (-2.77%), as it is currently unprofitable.
Next Steps
Financial Health
How is Stoneridge's financial position?
Financial Position Analysis
Short Term Liabilities: SRI's short term assets ($319.8M) exceed its short term liabilities ($133.3M).
Long Term Liabilities: SRI's short term assets ($319.8M) exceed its long term liabilities ($184.3M).
Debt to Equity History and Analysis
Debt Level: SRI's debt to equity ratio (56.2%) is considered high.
Reducing Debt: SRI's debt to equity ratio has reduced from 122.7% to 56.2% over the past 5 years.
Debt Coverage: SRI's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: Insufficient data to determine if SRI's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Stoneridge current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SRI'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 SRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SRI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SRI'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?
3.3yrs
Average management tenure
CEO
Jon DeGaynor (53 yo)
5.83yrs
Tenure
US$3,303,164
Compensation
Mr. Jonathan B. DeGaynor, also known as Jon, has been the Chief Executive Officer and President of Stoneridge Inc. since March 30, 2015. Mr. DeGaynor served as the Vice President of Strategic Planning and ...
CEO Compensation Analysis
Compensation vs Market: Jon's total compensation ($USD3.30M) is above average for companies of similar size in the US market ($USD2.42M).
Compensation vs Earnings: Jon's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 5.83yrs | US$3.30m | 0.58% $ 4.7m | |
| Executive VP | 4.42yrs | US$1.80m | 0.16% $ 1.3m | |
| CTO & President of Electronics Division | 2.42yrs | US$971.14k | 0.0093% $ 74.9k | |
| Chief Legal Officer & Secretary | 3yrs | US$906.16k | no data | |
| Vice President of Operations | 1yr | no data | no data | |
| Chief Accounting Officer | 4.5yrs | no data | 0.11% $ 923.7k | |
| Chief Information Officer | 5yrs | no data | no data | |
| Director of Investor Relations and M&A | no data | no data | no data | |
| Director of Global Strategic Marketing & Communications | no data | no data | no data | |
| Chief Human Resources Officer and Assistant General Counsel of Labor & Employment | 1.58yrs | no data | no data | |
| Chief Procurement Officer | 2.25yrs | no data | 0.027% $ 215.4k | |
| President of PST Electronics Division | 3.58yrs | no data | no data |
3.3yrs
Average Tenure
52yo
Average Age
Experienced Management: SRI's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 5.83yrs | US$3.30m | 0.58% $ 4.7m | |
| Non-Executive Chairman & Lead Independent Director | 14.25yrs | US$265.00k | 0.50% $ 4.0m | |
| Independent Director | 16.5yrs | US$200.00k | 0.25% $ 2.0m | |
| Independent Director | 14.25yrs | US$195.00k | 0.23% $ 1.9m | |
| Independent Director | 12yrs | US$185.00k | 0.26% $ 2.1m | |
| Independent Director | 8.08yrs | US$195.00k | 0.19% $ 1.6m | |
| Independent Director | 15.75yrs | US$185.00k | 1.66% $ 13.3m | |
| Independent Director | 12yrs | US$185.00k | 0.46% $ 3.7m |
13.1yrs
Average Tenure
65.5yo
Average Age
Experienced Board: SRI's board of directors are seasoned and experienced ( 13.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SRI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Stoneridge, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Stoneridge, Inc.
- Ticker: SRI
- Exchange: NYSE
- Founded: 1965
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$805.567m
- Shares outstanding: 27.01m
- Website: https://www.stoneridge.com
Number of Employees
Location
- Stoneridge, Inc.
- 39675 MacKenzie Drive
- Suite 400
- Novi
- Michigan
- 48377
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SRI | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Oct 1997 |
| 2GX | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Oct 1997 |
Biography
Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 00:21 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| 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.