NYSE:SRI

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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


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

0.2%

SRI

0.3%

US Auto Components

0.7%

US Market


1 Year Return

-9.6%

SRI

19.8%

US Auto Components

22.2%

US Market

Return vs Industry: SRI underperformed the US Auto Components industry which returned 21.2% over the past year.

Return vs Market: SRI underperformed the US Market which returned 22.7% over the past year.


Shareholder returns

SRIIndustryMarket
7 Day0.2%0.3%0.7%
30 Day19.5%20.6%11.8%
90 Day32.6%24.6%8.6%
1 Year-9.6%-9.6%20.8%19.8%25.0%22.2%
3 Year27.6%27.6%1.6%-5.2%49.4%39.5%
5 Year92.0%92.0%37.5%15.3%100.2%78.1%

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

Valuation

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

2.77x

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 (2.8x) 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 (2.2%).

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?

3.2yrs

Average management tenure


CEO

Jon DeGaynor (53 yo)

5.75yrs

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 ($USD3.30M) is about average for companies of similar size in the US market ($USD2.60M).

Compensation vs Earnings: Jon's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Jonathan DeGaynor
CEO, President & Director5.75yrsUS$3.30m0.62%
$ 4.5m
Robert Krakowiak
Executive VP4.33yrsUS$1.80m0.16%
$ 1.2m
Laurent Borne
CTO & President of Electronics Division2.33yrsUS$971.14k0.0093%
$ 68.1k
Thomas Dono
Chief Legal Officer & Secretary2.92yrsUS$906.16kno data
Kevin Heigel
Vice President of Operations0.92yrno datano data
Robert Hartman
Chief Accounting Officer4.42yrsno data0.11%
$ 840.1k
Theresa Mitchell
Chief Information Officer4.92yrsno datano data
Matthew Horvath
Director of Investor Relations and M&Ano datano datano data
Regan Grant
Director of Global Strategic Marketing & Communicationsno datano datano data
Susan Benedict
Chief Human Resources Officer and Assistant General Counsel of Labor & Employment1.5yrsno datano data
Daniel Kusiak
Chief Procurement Officer2.17yrsno data0.027%
$ 195.9k
Caetano Ferraiolo
President of PST Electronics Division3.5yrsno datano data

3.2yrs

Average Tenure

52yo

Average Age

Experienced Management: SRI's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jonathan DeGaynor
CEO, President & Director5.75yrsUS$3.30m0.62%
$ 4.5m
William Lasky
Non-Executive Chairman & Lead Independent Director14.17yrsUS$265.00k0.50%
$ 3.6m
Douglas Jacobs
Independent Director16.42yrsUS$200.00k0.25%
$ 1.9m
Kimberly Korth
Independent Director14.17yrsUS$195.00k0.23%
$ 1.7m
Ira Kaplan
Independent Director11.92yrsUS$185.00k0.26%
$ 1.9m
George Mayes
Independent Director8yrsUS$195.00k0.19%
$ 1.4m
Jeffrey Draime
Independent Director15.67yrsUS$185.00k1.66%
$ 12.1m
Paul Schlather
Independent Director11.92yrsUS$185.00k0.46%
$ 3.3m

13.0yrs

Average Tenure

65.5yo

Average Age

Experienced Board: SRI's board of directors are seasoned and experienced ( 13 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$732.653m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SRINYSE (New York Stock Exchange)YesCommon SharesUSUSDOct 1997
2GXDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 23:30
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
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.