Adient Plc Stock Fair Value Calculator – ADIENT PLC Reports Earnings Results for Fiscal Year 2023 Third Quarter
August 19, 2023
🌥️Earnings Overview
On August 2 2023, Adient ($NYSE:ADNT) PLC reported their financial results for the third quarter of fiscal year 2023, which ended on June 30 2023. The company reported total revenue of USD 4055.0 million, a 16.4% increase from the same quarter in the previous year. Additionally, their net income for the quarter was USD 73.0 million, compared to a net loss of USD 30.0 million in the same quarter of the prior year.
Price History
The stock opened at $45.1 and closed at $43.4, up by 1.3% from its prior closing price of 42.8. The company attributed this growth to its innovative product design, strong customer relationships, and its continued investments in research and development. Overall, ADIENT PLC had a successful quarter and is in a strong financial position heading into the final quarter of the fiscal year. Investors should continue to monitor the company’s progress as it seeks to capitalize on its recent momentum and continue to drive growth in its automotive seating product line. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Adient Plc. More…
| Total Revenues | Net Income | Net Margin |
| 15.32k | 115 | 0.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Adient Plc. More…
| Operations | Investing | Financing |
| 609 | -219 | -370 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Adient Plc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.48k | 6.94k | 22.96 |
Key Ratios Snapshot
Some of the financial key ratios for Adient Plc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.6% | 37.1% | 3.3% |
| FCF Margin | ROE | ROA |
| 2.4% | 14.6% | 3.4% |
Analysis – Adient Plc Stock Fair Value Calculator
At GoodWhale, we conducted an examination of the financials of ADIENT PLC. Based on our proprietary Valuation Line, the fair value of ADIENT PLC share is around $41.9. However, at the moment, the stock is traded at $43.4, a fair price that is overvalued by 3.7%. This means that investors may be paying a slight premium for the company’s stock. We would recommend that investors should make their own decisions based on their own research and analysis. More…
Peers
Adient PLC is one of the world’s leading suppliers of automotive seating. The company’s products are used by major automakers around the globe. Adient PLC is headquartered in Dublin, Ireland. The company’s primary competitors are Great Wall Motor Co Ltd, Yutong Bus Co Ltd, and China Grand Automotive Services Group Co Ltd.
– Great Wall Motor Co Ltd ($SEHK:02333)
Great Wall Motor Co Ltd is a Chinese automotive manufacturing company headquartered in Baoding, Hebei, China. The company is China’s largest SUV and pickup truck producer. Great Wall Motors sells vehicles under the Great Wall, Haval, and WEY brand names.
– Yutong Bus Co Ltd ($SHSE:600066)
Yutong Bus Co Ltd is a leading bus manufacturer in China with a market cap of 15.63B as of 2022. The company has a Return on Equity of 1.38%. Yutong Bus Co Ltd manufactures buses and coaches for urban and inter-city transportation. The company’s products are sold in over 80 countries and regions around the world.
– China Grand Automotive Services Group Co Ltd ($SHSE:600297)
Grand Automotive Services Group Co Ltd is a publicly traded company with a market cap of 17.6 billion as of 2022. The company has a return on equity of 7.5%. Grand Automotive Services Group Co Ltd is engaged in the business of providing automotive services and products in China. The company offers a wide range of services including vehicle maintenance, repair, and inspection services; and sells a variety of automotive products, such as tires, batteries, and lubricants.
Summary
ADIENT PLC‘s fiscal year 2023 third quarter saw a 16.4% growth in total revenue reaching USD 4055.0 million, and a marked improvement in net income from -30.0 million the previous year to 73.0 million. Investors may be encouraged by this performance, which suggests that the company’s growth strategies and cost-cutting measures are beginning to pay off. Overall, ADIENT PLC appears to be in a much stronger financial situation compared to last year.
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