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.
Adequate balance sheet with proven track record.
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's share price has been volatile over the past 3 months.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: SRI underperformed the US Auto Components industry which returned -50.1% over the past year.
Return vs Market: SRI underperformed the US Market which returned -15.1% over the past year.
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
1 week ago | Simply Wall StIs Stoneridge, Inc. (NYSE:SRI) A Volatile Stock?
2 weeks ago | Simply Wall StDoes Stoneridge, Inc.'s (NYSE:SRI) Past Performance Indicate A Stronger Future?
4 weeks ago | Simply Wall StHow Does Stoneridge's (NYSE:SRI) P/E Compare To Its Industry, After The Share Price Drop?
Is Stoneridge 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: 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 good value based on its PE Ratio (6.4x) compared to the Auto Components industry average (10.8x).
PE vs Market: SRI is good value based on its PE Ratio (6.4x) compared to the US market (12.4x).
Price to Earnings Growth Ratio
PEG Ratio: SRI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SRI is overvalued based on its PB Ratio (1.3x) compared to the US Auto Components industry average (0.7x).
How is Stoneridge forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SRI's earnings are forecast to decline over the next 3 years (-91.6% per year).
Earnings vs Market: SRI's earnings are forecast to decline over the next 3 years (-91.6% per year).
High Growth Earnings: SRI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SRI's revenue is expected to decline over the next 3 years (-15.6% per year).
High Growth Revenue: SRI's revenue is forecast to decline over the next 3 years (-15.6% 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
How has Stoneridge performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRI has a high level of non-cash earnings.
Growing Profit Margin: SRI's current net profit margins (7.2%) are higher than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: SRI has become profitable over the past 5 years, growing earnings by 35.8% per year.
Accelerating Growth: SRI's earnings growth over the past year (12%) is below its 5-year average (35.8% per year).
Earnings vs Industry: SRI earnings growth over the past year (12%) exceeded the Auto Components industry -4.2%.
Return on Equity
High ROE: SRI's Return on Equity (20.8%) is considered high.
How is Stoneridge's financial position?
Financial Position Analysis
Short Term Liabilities: SRI's short term assets ($331.3M) exceed its short term liabilities ($138.6M).
Long Term Liabilities: SRI's short term assets ($331.3M) exceed its long term liabilities ($173.7M).
Debt to Equity History and Analysis
Debt Level: SRI's debt to equity ratio (44.5%) is considered high.
Reducing Debt: SRI's debt to equity ratio has reduced from 114.6% to 44.5% over the past 5 years.
Debt Coverage: SRI's debt is not well covered by operating cash flow (19%).
Interest Coverage: SRI's interest payments on its debt are well covered by EBIT (11x coverage).
Inventory Level: SRI has a high level of physical assets or inventory.
Debt Coverage by Assets: SRI's debt is covered by short term assets (assets are 2.6x debt).
What is Stoneridge's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SRI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SRI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SRI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jon DeGaynor (52yo)
Mr. Jonathan B. DeGaynor, also known as Jon, has been the Chief Executive Officer and President of Stoneridge Inc. since March 30, 2015. Mr. DeGaynor served as the Vice President of Strategic Planning and ...
CEO Compensation Analysis
Compensation vs Market: Jon's total compensation ($USD3.14M) is above average for companies of similar size in the US market ($USD2.25M).
Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.
|CEO, President & Director||5.08yrs||US$3.14m||0.68% $2.6m|
|Executive VP||3.67yrs||US$1.21m||0.16% $596.3k|
|Chief Legal Officer & Secretary||2.25yrs||US$885.73k||no data|
|Vice President of Operations||0.25yr||no data||no data|
|Chief Accounting Officer||3.75yrs||no data||0.15% $561.0k|
|CTO & President of Electronics Division||1.67yrs||no data||no data|
|Chief Information Officer||4.25yrs||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||0.83yr||no data||no data|
Experienced Management: SRI's management team is considered experienced (3 years average tenure).
|CEO, President & Director||5.08yrs||US$3.14m||0.68% $2.6m|
|Non-Executive Chairman & Lead Independent Director||13.5yrs||US$262.50k||0.49% $1.8m|
|Independent Director||15.75yrs||US$197.50k||0.25% $940.5k|
|Independent Director||13.5yrs||US$195.00k||0.23% $868.5k|
|Independent Director||11.25yrs||US$185.00k||0.25% $950.0k|
|Independent Director||7.33yrs||US$185.00k||0.19% $718.1k|
|Independent Director||15yrs||US$185.00k||1.63% $6.1m|
|Independent Director||11.25yrs||US$185.00k||0.45% $1.7m|
Experienced Board: SRI's board of directors are seasoned and experienced ( 12.4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Stoneridge, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Stoneridge, Inc.
- Ticker: SRI
- Exchange: NYSE
- Founded: 1965
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$375.387m
- Shares outstanding: 26.99m
- Website: https://www.stoneridge.com
Number of Employees
- Stoneridge, Inc.
- 39675 MacKenzie Drive
- Suite 400
- United States
|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|
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. The company operates in three segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment offers sensors, switches, and actuators that monitor, measure, or activate specific functions within a vehicle. The Electronics segment designs and manufactures driver information systems, camera-based vision systems, connectivity, compliance products, and electronic control units. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment’s power distribution modules and systems regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment design, manufacture and sell vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories; in-vehicle audio and infotainment devices; and telematics solutions. It provides its products and systems to various original equipment manufacturers and tier 1 customers, as well as aftermarket distributors and mass merchandisers for use in various vehicle platforms. It serves in North America, South America, Europe, and internationally. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 23:40|
|End of Day Share Price||2020/04/03 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.