NYSE:ST

Stock Analysis Report

Sensata Technologies Holding

Executive Summary

Sensata Technologies Holding plc, through its subsidiaries, develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally.


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Sensata Technologies Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ST has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.9%

ST

-2.4%

US Electrical

-4.2%

US Market


1 Year Return

-9.6%

ST

10.0%

US Electrical

14.0%

US Market

Return vs Industry: ST underperformed the US Electrical industry which returned 10% over the past year.

Return vs Market: ST underperformed the US Market which returned 14% over the past year.


Shareholder returns

STIndustryMarket
7 Day-3.9%-2.4%-4.2%
30 Day-9.2%-1.8%-1.8%
90 Day-12.7%0.3%2.6%
1 Year-9.6%-9.6%12.3%10.0%16.3%14.0%
3 Year11.3%11.3%31.4%23.9%43.2%34.0%
5 Year-18.1%-18.1%45.6%31.0%65.9%47.6%

Price Volatility Vs. Market

How volatile is Sensata Technologies Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sensata Technologies Holding undervalued compared to its fair value and its price relative to the market?

4.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ST ($45.68) is trading below our estimate of fair value ($48)

Significantly Below Fair Value: ST is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ST is poor value based on its PE Ratio (26x) compared to the Electrical industry average (20.4x).

PE vs Market: ST is poor value based on its PE Ratio (26x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: ST is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: ST is overvalued based on its PB Ratio (2.8x) compared to the US Electrical industry average (1.8x).


Next Steps

Future Growth

How is Sensata Technologies Holding forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

21.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ST's forecast earnings growth (21.2% per year) is above the savings rate (1.7%).

Earnings vs Market: ST's earnings (21.2% per year) are forecast to grow faster than the US market (13.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ST's revenue (2.9% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: ST's revenue (2.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ST's Return on Equity is forecast to be high in 3 years time (22.8%)


Next Steps

Past Performance

How has Sensata Technologies Holding performed over the past 5 years?

14.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ST has high quality earnings.

Growing Profit Margin: ST's current net profit margins (8.2%) are lower than last year (17%).


Past Earnings Growth Analysis

Earnings Trend: ST's earnings have grown by 14.2% per year over the past 5 years.

Accelerating Growth: ST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ST had negative earnings growth (-52.8%) over the past year, making it difficult to compare to the Electrical industry average (0.6%).


Return on Equity

High ROE: ST's Return on Equity (11%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Sensata Technologies Holding's financial position?


Financial Position Analysis

Short Term Liabilities: ST's short term assets ($2.0B) exceed its short term liabilities ($634.7M).

Long Term Liabilities: ST's short term assets ($2.0B) do not cover its long term liabilities ($3.6B).


Debt to Equity History and Analysis

Debt Level: ST's debt to equity ratio (125.3%) is considered high.

Reducing Debt: ST's debt to equity ratio has reduced from 214.2% to 125.3% over the past 5 years.

Debt Coverage: ST's debt is not well covered by operating cash flow (19.2%).

Interest Coverage: ST's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet

Inventory Level: ST has a high level of physical assets or inventory.

Debt Coverage by Assets: ST's debt is not covered by short term assets (assets are 0.6x debt).


Next Steps

Dividend

What is Sensata Technologies Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.2%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate ST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ST'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 ST's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ST'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 ST'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?

6.0yrs

Average management tenure


CEO

Martha Sullivan (62yo)

7.1yrs

Tenure

US$5,751,560

Compensation

Ms. Martha N. Sullivan has been Chief Executive Officer of Sensata Technologies Holding PLC (formerly known as Sensata Technologies Holding NV) since January 1, 2013 and served as its President since Septe ...


CEO Compensation Analysis

Compensation vs Market: Martha's total compensation ($USD5.75M) is about average for companies of similar size in the US market ($USD6.39M).

Compensation vs Earnings: Martha's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Martha Sullivan
CEO & Executive Director7.1yrsUS$5.75m0.27% $19.4m
Jeffrey Cote
President & COO1.1yrsUS$2.39m0.032% $2.3m
Paul Vasington
CFO, Chief Accounting Officer & Executive VP6yrsUS$2.47m0.029% $2.1m
Steven Beringhause
CTO & Executive VP4.3yrsUS$2.11m0.063% $4.5m
Paul Chawla
Senior Vice President of Performance Sensing Automotive3.8yrsUS$1.62m0.025% $1.8m
Rob Stefanic
Chief Information Officer & VP of Global Shared Services9.3yrsno datano data
Joshua Young
Vice President of Investor Relations3.7yrsno datano data
Steven Reynolds
VP & General Counsel13.8yrsno datano data
Alexia Taxiarchos
Senior Director of Global Communications0yrsno datano data
Allisha Elliott
Chief Human Resources Officer & Senior VP6.4yrsUS$1.41m0.041% $2.9m

6.0yrs

Average Tenure

53yo

Average Age

Experienced Management: ST's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Martha Sullivan
CEO & Executive Director7.1yrsUS$5.75m0.27% $19.4m
Paul Edgerley
Director9.9yrsUS$329.69k0.13% $9.7m
Thomas Wroe
Non-Executive Director9.9yrsUS$215.85k0.0074% $536.4k
Andrew Teich
Chairman0yrsUS$242.60k0.0064% $460.7k
Stephen Zide
Non-Executive Director9.9yrsUS$236.35k0.0063% $456.4k
James Heppelmann
Non-Executive Director5.5yrsUS$244.47k0.0064% $460.7k
Charles Peffer
Non-Executive Director9.9yrsUS$230.10k0.0076% $550.8k
Constance Skidmore
Non-Executive Director2.8yrsUS$246.35k0.0039% $281.2k
John Absmeier
Independent Director0.9yrsno datano data

8.5yrs

Average Tenure

62yo

Average Age

Experienced Board: ST's board of directors are considered experienced (8.5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sensata Technologies Holding plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sensata Technologies Holding plc
  • Ticker: ST
  • Exchange: NYSE
  • Founded: 1916
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: US$7.210b
  • Shares outstanding: 157.83m
  • Website: https://www.sensata.com

Number of Employees


Location

  • Sensata Technologies Holding plc
  • 529 Pleasant Street
  • Attleboro
  • Massachusetts
  • 2703
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STNYSE (New York Stock Exchange)YesNew Ordinary SharesUSUSDMar 2010
S94DB (Deutsche Boerse AG)YesNew Ordinary SharesDEEURMar 2010

Biography

Sensata Technologies Holding plc, through its subsidiaries, develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment offers pressure sensors, including microfused strain gage, ceramic capacitive, and micro-electromechanical sensors; speed and position sensors, such as magnetic speed and position sensors, and mechanical/electrical control systems; and temperature sensors. Its products are used in mission-critical systems; and subsystems of automobiles, on-road trucks, and off-road equipment, including tire pressure monitoring, thermal management, air conditioning, and regenerative braking. This segment serves automotive, heavy vehicle, and off-road industries, as well as agriculture original equipment manufacturers (OEM), suppliers, and aftermarket distributors. The Sensing Solutions segment provides various application-specific sensor and control products used in aerospace market and various industrial markets, including small appliance; heating, ventilation, and air conditioning; semiconductor; material handling; factory automation; and water management markets. Its products include pressure, temperature, and position sensors; motor and compressor protectors; solid state relays; bimetal electromechanical controls; thermal and magnetic-hydraulic circuit breakers; power inverters; motor starters; thermostats; switches; and charge controllers, as well as linear and rotary position sensors, linear variable differential transformers, and aircraft controls. This segment serves OEMs in the climate control, appliance, semiconductor, medical, energy and infrastructure, data/telecom, material handling, factory automation, and aerospace industries, as well as aerospace, and motor and compressor suppliers. The company was founded in 1916 and is headquartered in Attleboro, Massachusetts. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 02:27
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
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.