Forvia SE FRVIA

Morningstar Rating
€8.94 +0.15 (1.71%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FRVIA is trading at a 289% premium.
Price
€9.01
Fair Value
€41.37
Uncertainty
Very High
1-Star Price
€21.87
5-Star Price
€65.88
Economic Moat
Wzjwc
Capital Allocation
Qqvswfcwv

News

Trading Information

Previous Close Price
€8.79
Day Range
€8.809.15
52-Week Range
€7.7621.63
Bid/Ask
€8.92 / €9.16
Market Cap
€1.75 Bil
Volume/Avg
1.1 Mil / 1.2 Mil

Key Statistics

Price/Earnings (Normalized)
3.36
Price/Sales
0.06
Dividend Yield (Trailing)
5.60%
Dividend Yield (Forward)
5.60%
Total Yield
6.28%

Company Profile

Forvia operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a global presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's five largest customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.
Sector
Consumer Cyclical
Industry
Auto Parts
Stock Style Box
Small Value
Total Number of Employees
157,000

Comparables

Valuation

Metric
FRVIA
FR
RNO
Price/Earnings (Normalized)
3.3611.463.01
Price/Book Value
0.390.710.35
Price/Sales
0.060.120.19
Price/Cash Flow
0.861.391.45
Price/Earnings
FRVIA
FR
RNO

Financial Strength

Metric
FRVIA
FR
RNO
Quick Ratio
0.770.560.89
Current Ratio
0.980.841.03
Interest Coverage
6.631.935.70
Quick Ratio
FRVIA
FR
RNO

Profitability

Metric
FRVIA
FR
RNO
Return on Assets (Normalized)
2.14%1.62%3.22%
Return on Equity (Normalized)
14.94%9.60%13.23%
Return on Invested Capital (Normalized)
3.66%4.75%4.06%
Return on Assets
FRVIA
FR
RNO

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