Aptiv PLC
$38.75
−0.06 (−0.15%) · delayed · Nov 13, 2026
Five-year price
52w $38.38 to $88.93
- Market cap
- $7.8B
- Enterprise value
- $13.5B
- P/E
- 51.7×
- 6.4× on 3y avg EPS
- EV / EBIT
- 11.4×
- FCF yield
- 19.5%
- ROIC
- 5.2%
- Debt / equity
- 0.82
- Piotroski F
- 7/9
Value scorecard · FY2025
Does it pass the value tests?
Quality
67
- ○ROIC > 12% (5y avg)5y avg ROIC 9.0%
- ○ROE > 15% (5y avg)5y avg ROE 12.3%
- ●Stable operating marginsMargin volatility 1.1% (σ, 5y)
- ●Earnings convert to cashFCF / net income 245% (5y avg)
- ●Growing revenueRevenue CAGR 5y 9.3%
- ●Shrinking share countDiluted shares -18.5% over 5y
Value
60
- ○P/E below 15P/E 51.7
- ●EV/EBIT below 12EV/EBIT 11.4
- ●FCF yield above 6%FCF yield 19.5%
- ○Price below Graham NumberGraham Number $27.70
- ●P/B below 3P/B 0.9
Safety
40
- ○Debt / equity below 0.5D/E 0.82
- ○Debt payable in < 4 yrs of earningsNet debt $5.7B
- ○Interest coverage > 8xCoverage 3.3x
- ●Current ratio > 1.5Current ratio 1.74
- ●Piotroski F-score ≥ 6F-score 7/9
Graham Defensive
57
- ●Adequate size (revenue > $2B)Revenue $20.4B
- ○Strong condition (current ratio ≥ 2)Current ratio 1.74
- ●Earnings stability (no loss, 10y)10 years of data
- ○Uninterrupted dividendsDividends paid every year on record
- ○Earnings growth ≥ 33% (10y, 3y avgs)EPS growth 32%
- ●Moderate P/E (≤ 15 on 3y avg EPS)P/E (3y avg) 6.4
- ●P/E × P/B ≤ 22.5Product 5.5
Valuation lab
What do you have to believe?
At $38.75, the market is pricing in about −5.3% annual free-cash-flow growth for the next decade (9% discount rate, 2.5% terminal growth).
Starting cash flow
Net debt $5.7B · 202M shares · 5y revenue CAGR 9.3%
Intrinsic value
$166.48
Price
$38.75
Margin of safety
77%
What the price implies
The market is paying for −5.3% annual cash-flow growth for 10 years at a 9.0% discount rate.
Terminal value share
61% 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 | 12,274 | 12,884 | 14,435 | 14,357 | 13,066 | 15,618 | 17,489 | 20,051 | 19,713 | 20,398 |
| Gross profit | 2,747 | 2,614 | 2,729 | 2,646 | 1,940 | — | — | — | — | — |
| Operating income | 1,539 | 1,416 | 1,473 | 1,276 | 2,118 | 1,189 | 1,263 | 1,559 | 1,842 | 1,184 |
| Operating margin | 12.5% | 11.0% | 10.2% | 8.9% | 16.2% | 7.6% | 7.2% | 7.8% | 9.3% | 5.8% |
| Pre-tax income | 1,000 | 1,255 | 1,334 | 1,126 | 1,954 | 910 | 990 | 1,337 | 2,151 | 919 |
| Income tax | 167 | 223 | 250 | 132 | 49 | 101 | 121 | (1,928) | 223 | 700 |
| Net income | 1,257 | 1,355 | 1,067 | 990 | 1,804 | 590 | 594 | 2,938 | 1,787 | 165 |
| EPS (diluted) | 4.59 | 5.06 | 4.02 | 3.85 | 6.66 | 1.94 | 1.96 | 10.39 | 6.96 | 0.75 |
| Diluted shares | 274 | 268 | 265 | 257 | 271 | 271 | 271 | 283 | 257 | 221 |
Who owns it