Veoneer, Inc. engages in the design, development, manufacture, and sale of automotive safety electronics primarily in North America, Europe, and Asia. More Details
Excellent balance sheet and overvalued.
Share Price & News
How has Veoneer's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VNE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: VNE's weekly volatility (8%) has been stable over the past year.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: VNE exceeded the US Auto Components industry which returned 68.9% over the past year.
Return vs Market: VNE exceeded the US Market which returned 39% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Veoneer's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StDid Business Growth Power Veoneer's (NYSE:VNE) Share Price Gain of 120%?
2 months ago | Simply Wall StIs Veoneer (NYSE:VNE) Weighed On By Its Debt Load?
6 months ago | Simply Wall StWhat Kind Of Shareholders Own Veoneer, Inc. (NYSE:VNE)?
Is Veoneer undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: VNE ($22.51) is trading above our estimate of fair value ($3.13)
Significantly Below Fair Value: VNE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VNE is unprofitable, so we can't compare its PE Ratio to the US Auto Components industry average.
PE vs Market: VNE 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 VNE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VNE is good value based on its PB Ratio (2.2x) compared to the US Auto Components industry average (2.4x).
How is Veoneer forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VNE is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: VNE is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: VNE is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: VNE's revenue (16.6% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: VNE's revenue (16.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VNE is forecast to be unprofitable in 3 years.
How has Veoneer performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VNE is currently unprofitable.
Growing Profit Margin: VNE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VNE is unprofitable, and losses have increased over the past 5 years at a rate of 30.3% per year.
Accelerating Growth: Unable to compare VNE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VNE is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (39.8%).
Return on Equity
High ROE: VNE has a negative Return on Equity (-37.17%), as it is currently unprofitable.
How is Veoneer's financial position?
Financial Position Analysis
Short Term Liabilities: VNE's short term assets ($1.1B) exceed its short term liabilities ($527.0M).
Long Term Liabilities: VNE's short term assets ($1.1B) exceed its long term liabilities ($340.0M).
Debt to Equity History and Analysis
Debt Level: VNE's debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VNE's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VNE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VNE has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 23.3% each year
What is Veoneer current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VNE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VNE'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 VNE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VNE'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 VNE'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
Jan Carlson (60 yo)
Mr. Jan Carlson has been Chairman of the Board at Autoliv Inc. since May 4, 2014 and its Director since May 2, 2007. Mr. Carlson serves as Chairman of the Board of Directors, President and Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Jan's total compensation ($USD6.50M) is about average for companies of similar size in the US market ($USD5.32M).
Compensation vs Earnings: Jan's compensation has increased whilst the company is unprofitable.
Experienced Management: VNE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: VNE's board of directors are considered experienced (3 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.
Veoneer, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Veoneer, Inc.
- Ticker: VNE
- Exchange: NYSE
- Founded: 2017
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$2.516b
- Shares outstanding: 111.79m
- Website: https://www.veoneer.com
Number of Employees
- Veoneer, Inc.
- Klarabergsviadukten 70
- Section C6
- Stockholm County
- 103 02
Veoneer, Inc. engages in the design, development, manufacture, and sale of automotive safety electronics primarily in North America, Europe, and Asia. It offers automotive radars, mono-and stereo-vision ca...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 02:44|
|End of Day Share Price||2021/06/23 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.