AUTOLIV INC
$120.42
+1.56 (+1.31%) · delayed · Nov 13, 2026
Five-year price
52w $99.16 to $132.17
- Market cap
- $8.7B
- Enterprise value
- $10.2B
- P/E
- 12.6×
- 15.5× on 3y avg EPS
- EV / EBIT
- 9.4×
- FCF yield
- 8.3%
- ROIC
- 19.7%
- Debt / equity
- 0.84
- Piotroski F
- 7/9
Value scorecard · FY2025
Does it pass the value tests?
Quality
83
- ●ROIC > 12% (5y avg)5y avg ROIC 15.6%
- ●ROE > 15% (5y avg)5y avg ROE 21.8%
- ●Stable operating marginsMargin volatility 1.3% (σ, 5y)
- ○Earnings convert to cashFCF / net income 71% (5y avg)
- ●Growing revenueRevenue CAGR 5y 7.7%
- ●Shrinking share countDiluted shares -12.1% over 5y
Value
60
- ●P/E below 15P/E 12.6
- ●EV/EBIT below 12EV/EBIT 9.4
- ●FCF yield above 6%FCF yield 8.3%
- ○Price below Graham NumberGraham Number $87.61
- ○P/B below 3P/B 3.4
Safety
60
- ○Debt / equity below 0.5D/E 0.84
- ●Debt payable in < 4 yrs of earningsNet debt $1.5B
- ●Interest coverage > 8xCoverage 10.6x
- ○Current ratio > 1.5Current ratio 1.05
- ●Piotroski F-score ≥ 6F-score 7/9
Graham Defensive
57
- ●Adequate size (revenue > $2B)Revenue $10.8B
- ○Strong condition (current ratio ≥ 2)Current ratio 1.05
- ●Earnings stability (no loss, 10y)10 years of data
- ●Uninterrupted dividendsDividends paid every year on record
- ●Earnings growth ≥ 33% (10y, 3y avgs)EPS growth 73%
- ○Moderate P/E (≤ 15 on 3y avg EPS)P/E (3y avg) 15.5
- ○P/E × P/B ≤ 22.5Product 52.2
Valuation lab
What do you have to believe?
At $120.42, the market is pricing in about 1.2% annual free-cash-flow growth for the next decade (9% discount rate, 2.5% terminal growth).
Starting cash flow
Net debt $1.5B · 72M shares · 5y revenue CAGR 7.7%
Intrinsic value
$216.04
Price
$120.42
Margin of safety
44%
What the price implies
The market is paying for 1.2% annual cash-flow growth for 10 years at a 9.0% discount rate.
Terminal value share
60% of the value sits beyond year 10.
Financial statements
A decade of the record.
USD millions · fiscal years · source: SEC 10-K XBRL
| Line item | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7,922 | 8,137 | 8,678 | 8,548 | 7,447 | 8,230 | 8,842 | 10,475 | 10,390 | 10,815 |
| Gross profit | 1,628 | 1,680 | 1,711 | 1,584 | 1,247 | 1,511 | 1,396 | 1,822 | 1,927 | 2,074 |
| Operating income | 831 | 860 | 686 | 726 | 382 | 675 | 659 | 690 | 979 | 1,088 |
| Operating margin | 10.5% | 10.6% | 7.9% | 8.5% | 5.1% | 8.2% | 7.5% | 6.6% | 9.4% | 10.1% |
| Pre-tax income | 784 | 792 | 612 | 648 | 291 | 614 | 603 | 612 | 875 | 986 |
| Income tax | 224 | 204 | 235 | 186 | 103 | 177 | 178 | 123 | 227 | 250 |
| Net income | 567 | 427 | 190 | 462 | 187 | 435 | 423 | 488 | 646 | 735 |
| EPS (diluted) | 6.42 | 4.87 | 2.18 | 5.29 | 2.14 | 4.96 | 4.85 | 5.72 | 8.04 | 9.55 |
| Diluted shares | 88 | 88 | 87 | 87 | 88 | 88 | 87 | 85 | 80 | 77 |
Who owns it