Now trading at a price of $76.28, Aptiv PLC has moved -4.2% so far today.
Aptiv PLC returned losses of -21.2% last year, with its stock price reaching a high of $113.6 and a low of $68.84. Over the same period, the stock underperformed the S&P 500 index by -43.9%. AThe company's 50-day average price was $78.03. Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. Based in Dublin, Ireland, the Large-Cap Consumer Discretionary company has 154,000 full time employees. Aptiv PLC has not offered a dividend during the last year.
Increasing Revenues but Narrowing Margins:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $21 | $14,357 | $13,066 | $15,618 | $17,489 | $20,051 |
| Operating Margins | n/a | 9.0% | 16.0% | 8.0% | 7.0% | 8.0% |
| Net Margins | n/a | 7.0% | 14.0% | 4.0% | 3.0% | 15.0% |
| Net Income (M) | $1,067 | $990 | $1,804 | $590 | $594 | $2,938 |
| Net Interest Expense (M) | $141 | $164 | $164 | $150 | $219 | $285 |
| Depreciation & Amort. (M) | $522 | $571 | $620 | $625 | $613 | $679 |
| Diluted Shares (M) | 264 | 256 | 271 | 271 | 271 | 281 |
| Earnings Per Share | $4.02 | $3.85 | $6.66 | $1.94 | $1.96 | $10.39 |
| EPS Growth | n/a | -4.23% | 72.99% | -70.87% | 1.03% | 430.1% |
| Avg. Price | $85.41 | $82.29 | $85.67 | $153.76 | $116.52 | $76.28 |
| P/E Ratio | 21.14 | 21.37 | 12.75 | 78.85 | 59.45 | 7.26 |
| Free Cash Flow (M) | $782 | $843 | $829 | $611 | $419 | $990 |
| CAPEX (M) | $846 | $781 | $584 | $611 | $844 | $906 |
| EV / EBITDA | 13.27 | 13.73 | 8.46 | 23.4 | 19.51 | 11.32 |
| Total Debt (M) | $4,344 | $4,364 | $4,101 | $4,067 | $6,612 | $6,305 |
| Net Debt / EBITDA | 1.89 | 2.14 | 0.47 | 0.51 | 2.71 | 2.08 |
| Current Ratio | 1.29 | 1.31 | 1.85 | 2.01 | 1.6 | 1.72 |
Aptiv PLC benefits from rapidly growing revenues and a flat capital expenditure trend, a strong EPS growth trend, and generally positive cash flows. The company's financial statements show a decent current ratio of 1.72 and healthy leverage levels. Furthermore, Aptiv PLC has decent operating margins with a negative growth trend.
Aptiv PLC Is Potentially Undervalued and Its Shares Are Discounted:
Aptiv PLC has a trailing twelve month P/E ratio of 7.3, compared to an average of 22.06 for the Consumer Discretionary sector. Based on its EPS guidance of $7.75, the company has a forward P/E ratio of 10.1. The 9.8% compound average growth rate of Aptiv PLC's historical and projected earnings per share yields a PEG ratio of 0.75. This suggests that its shares are undervalued. Additionally, the market is possibly undervaluing Aptiv PLC in terms of its equity because its P/B ratio is 1.87 whereas the sector average is 3.18. The company's shares are currently trading -22.1% above their Graham number.
Aptiv PLC Has an Average Rating of Buy:
The 22 analysts following Aptiv PLC have set target prices ranging from $62.0 to $145.0 per share, for an average of $101.82 with a buy rating. The company is trading -25.1% away from its average target price, indicating that there is an analyst consensus of strong upside potential.
Aptiv PLC has an average amount of shares sold short because 2.6% of the company's shares are sold short. Institutions own 101.3% of the company's shares, and the insider ownership rate stands at 0.35%, suggesting a small amount of insider investors. The largest shareholder is Vanguard Group Inc, whose 12% stake in the company is worth $2,410,684,124.
