Aptiv (APTV)

Consumer Discretionary · $8.0B market cap · SEC CIK 0001521332

Next reports on Feb 1, 2027, after the close, with analysts expecting $1.61 in earnings per share.

52-week range $39.40 to $88.93. 56% below its 52-week high and at its 52-week low.

The case for APTV

• Free cash flow of 19.1% of its market value a year: a lot of cash for the price.
• Earnings per share up 188.3%.
• Trades at 1.02× book value, close to what the balance sheet says it owns.
• P/E of 10.4× is lower than 96% of Consumer Discretionary companies.
• Price/sales of 0.5× is lower than 94% of Consumer Discretionary companies.

The case against

• Revenue fell 17.1% year over year.
• Down 52.3% over the past year.
• Pricey for its growth: 10.4× earnings, where 0% a year of growth would justify about 8×.
• Near the bottom of its 52-week range, 56% below the high. Falling prices usually have a reason; find it first.
• Net margin of 5% is thinner than 85% of Consumer Discretionary companies.
• Stability is weak (35/100): beta 1.32, 3.4 years of cash flow to clear its debt, a 56% swing over the year.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Consumer Discretionary companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 48 Consumer Discretionary companies.

The financials

The financials, five years deep

Pulled from Aptiv's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Aptiv says it does

In December 2024, Old Aptiv (as defined below), a public limited company formed under the laws of Jersey on May 19, 2011, completed its previously announced reorganization transaction (the “Transaction,” or the “reorganization transaction”), in which Old Aptiv established a new publicly-listed Jersey parent company, Aptiv Holdings Limited (“New Aptiv”), which is resident for tax purposes in Switzerland. As a result of the Transaction, all issued and outstanding ordinary shares of Old Aptiv were exchanged on a one-for-one basis for newly issued ordinary shares of New Aptiv. Following consummation of the Transaction, holders of Old Aptiv shares became ordinary shareholders of New Aptiv, Old Aptiv became a wholly-owned subsidiary of New Aptiv and New Aptiv was renamed “Aptiv PLC.” The previous publicly-listed Jersey parent company, which was an Irish tax resident, is referred to as “Old Aptiv” throughout this Annual Report on Form 10-K.…

Risk factors APTV lists in its 10-K

• Disruptions in the supply of raw materials and other supplies that we and our customers use in our products may adversely affect our profitability
• The cyclical nature of automotive sales and production can adversely affect our business
• A drop in the market share and changes in product mix offered by our customers can impact our revenues
• Our business in China is subject to aggressive competition and is sensitive to economic and market conditions
• We operate in the highly competitive automotive technology and component supply industry, and are dependent on the acceptance of new product introductions for continued growth
• If we do not respond appropriately, the evolution of the automotive industry towards autonomous vehicles and mobility on demand services could adversely affect our business
• We have invested substantial resources in markets and technologies where we expect growth and we may be unable to timely alter our strategies should such expectations not be realized
• We may not be able to respond quickly enough to changes in regulations, technology and technological risks, and to develop our intellectual property into commercially viable products
• Declines in the market share or business of our five largest customers may adversely impact our revenues and profitability
• We may not realize sales represented by awarded business
• Our inability to effectively manage the timing, quality and costs of new program launches could adversely affect our financial performance
• Adverse developments affecting one or more of our suppliers could harm our profitability
• The discontinuation or loss of business, or lack of commercial success with respect to a particular product for which we are a significant supplier could reduce our sales and harm our profitability
• Increases in costs of the materials and other supplies that we use in our products may have a negative impact on our business
• Our hedging activities to address commodity price fluctuations may not be successful in offsetting future increases in those costs or may reduce or eliminate the benefits of any decreases in those costs
• We may encounter manufacturing challenges
• Changes in factors that impact the determination of our non-U.S. pension liabilities may adversely affect us
• We may suffer future asset impairment and other restructuring charges, including write downs of long-lived assets, goodwill, or intangible assets
• Employee strikes and labor-related disruptions involving us or one or more of our customers or suppliers may adversely affect our operations
• Public health crises and other global health pandemics, epidemics and disease outbreaks and the measures taken in response thereto could adversely impact our business, financial condition, results of operations and cash flows
• We are exposed to foreign currency fluctuations as a result of our substantial global operations, which may affect our financial results
• We face risks associated with doing business in various national and local jurisdictions
• We may incur material losses and costs as a result of warranty claims, product recalls, product liability and intellectual property infringement actions that may be brought against us
• We may be adversely affected by laws or regulations, including environmental, health and safety and climate change, regulation, litigation or other liabilities
• We may identify the need for additional environmental remediation or demolition obligations relating to facility divestiture, closure and decommissioning activities
• We are involved from time to time in legal proceedings and commercial or contractual disputes, which could have an adverse impact on our profitability and consolidated financial position
• Developments or assertions by us or against us relating to intellectual property rights could materially impact our business
• Taxing authorities could challenge our historical and future tax positions
• Changes in tax laws, tax rates and adverse positions taken by taxing authorities could impact operating results
• Our tax burden could increase as a result of ongoing or future tax audits
• Our ability to use deferred tax assets may be subject to limitation
• We may be subject to various Swiss taxes as a result of the reorganization transaction
• Planned Spin-off of Electrical Distribution Systems Business
• Any changes in consumer credit availability or cost of borrowing could adversely affect our business
• We may lose or fail to attract and retain key salaried employees and management personnel

Filings

Other Consumer Discretionary companies