Aptiv PLC (APTV)

Motor Vehicle Parts & Accessories

Latest Price

$43.02

TTM P/E

40.97

Normalized P/E

9.22

Div Yield

Book Value

41.36

P/B Ratio

1.04

Valuation metrics

EPS: $0.75

Book value / share: $43.28

Formula: √(22.5 × EPS × BVPS)

Graham Number

$27.02

37% downside

Norm. op. income: $1.3B (median of 7yr)

Tax rate: 11%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$25.48

41% downside

Base FCF: $990M (median of recent 5yr)

Growth: -4%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$15.05

65% downside

EPS: $0.75

Target P/E: 9×

Formula: EPS × P/E

P/E Fair Value

$6.75

84% downside