ALV

Autoliv Inc.

Industrial/Transportation


Presented:02/12/2015
Price:$113.36
Cap:$10.10B
Current Price:$93.67
Cap:$7.50B

Presented

Date02/12/2015
Price$113.36
Market Cap$10.10B
Ent Value$10.14B
P/E Ratio22.18x
Book Value$38.64
Div Yield1.9%
Shares O/S88.70M
Ave Daily Vol590,000
Short Int5.29%

Current

Price$93.67
Market Cap$7.50B
Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide. The company operates in two segments, Passive Safety and Active Safety segments. It offers a range of products, including modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, safety electronics, whiplash protection systems, and child seats, as well as night vision and camera vision systems, pedestrian protection systems, brake controllers, and radar and other active safety systems. The company primarily serves car manufacturers. Autoliv, Inc. was founded in 1953 and is headquartered in Stockholm, Sweden.

Publicly traded companies mentioned herein: Autoliv Inc (ALV), Mobileye NV (MBLY)

Highlights

Autoliv (ALV) shares are up ~7% year-to-date, and ~13% over the past six months. The presenter is bearish on this supplier of automotive safety systems because 95% of its business is “passive safety” (seatbelts, airbags, etc.), which is a fully penetrated market and faces stiff competition. The presenter attributed much of the recent positive performance to optimism surrounding developments in the active safety market, which in reality does not apply to ALV.

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Idea Discussion

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