Aptiv PLC (APTV)

Motor Vehicle Parts & Accessories

Latest Price

$56.47

TTM P/E

33.61

Normalized P/E

12.59

Div Yield

Book Value

43.37

P/B Ratio

1.30

Valuation metrics

EPS: $0.75

Book value / share: $43.28

Formula: √(22.5 × EPS × BVPS)

Graham Number

$27.02

52% 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

55% 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

73% downside

EPS: $0.75

Target P/E: 13×

Formula: EPS × P/E

P/E Fair Value

$9.75

83% downside