Lear Corporation Intrinsic Value Calculator – Utah Retirement Systems Increase Stock Holdings in Lear Corporation in 2023.

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In 2023, the Utah Retirement Systems (URS) saw a significant increase in their stock holdings in Lear Corporation ($NYSE:LEA). The URS is an organization which provides retirement benefits and financial security to retired and current public employees, and is known for its prudent investment strategies. In the previous year, Lear had acquired a number of companies in the automotive industry, which has allowed them to further expand their capabilities and increase their presence in the global market.

In addition, they have made sure to prioritize the development of innovative solutions that meet the ever-changing needs of their customers. Overall, the URS had faith in Lear Corporation’s potential, as they made the decision to invest more in the company’s stocks. This decision ultimately paid off, as Lear Corporation continued to grow and thrive in the coming years. With its increased capital and resources, it has been able to make significant advances in their products and services, which has allowed them to become a global leader in the automotive industry.

Share Price

This move comes despite a turbulent year for the company, with mostly positive media exposure. On Monday, LEAR CORPORATION stock opened at $131.9 and closed at $131.9, down by 2.3% from prior closing price of 135.1. While the shares have taken a hit, the Utah Retirement Systems recognize the potential upside of investing in Lear Corporation, and are confident in the long-term performance of the company. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Lear Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Lear Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Lear Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Lear Corporation are shown below. More…

Analysis – Lear Corporation Intrinsic Value Calculator

GoodWhale has recently conducted an analysis of LEAR CORPORATION‘s financials and have concluded that the fair value of LEAR CORPORATION share is around $212.6. This figure was calculated by our proprietary Valuation Line, which combines various financial metrics to give an accurate estimation of the fair value of a stock. Comparing our figure to the current market price of LEAR CORPORATION stock of $131.9, it is evident that the stock is currently undervalued by 37.9%. We believe that investors who take advantage of this discrepancy could benefit from a profitable long-term return on their investments. More…

Peers

In the automotive industry, suppliers of parts and systems are constantly vying for business from the major carmakers. Two of the biggest players in this space are Lear Corporation and Ningbo Joyson Electronic Corporation. Both companies are based in China and have a long history of supplying carmakers with everything from seats and electrical systems to instrument panels and body control modules. While Lear is the bigger company, with annual sales of around $19 billion, Ningbo Joyson is no slouch, with sales of $7.4 billion. The two companies are constantly jockeying for position in the market, with each trying to undercut the other on price while also offering better quality and more innovative products. The competition between these two companies is fierce, but it is also healthy, as it helps to keep both companies on their toes and provides carmakers with a choice of two very competent suppliers.

– Ningbo Joyson Electronic Corp ($SHSE:600699)

Ningbo Joyson Electronic Corp is a Chinese multinational automotive electronic components company headquartered in Ningbo, Zhejiang. The company has a market cap of 21.55B as of 2022 and a Return on Equity of -18.07%. The company manufactures and supplies automotive electronic components and systems for vehicles worldwide. Its products include airbags, seatbelts, steering wheels, instrument panels, door modules, and other safety-related products.

– Denso Corp ($TSE:6902)

Denso Corp is a Japanese company that manufactures automotive components and systems. It has a market cap of 5.37 trillion as of 2022 and a return on equity of 5.0%. The company produces a wide range of products including engine components, electrical components, and air conditioning systems. It also provides services such as engineering, design, and testing. Denso is a leading supplier of components to the automotive industry.

– Aptiv PLC ($NYSE:APTV)

Aptiv PLC is a global technology company that develops safer, greener and more connected solutions that enable the future of mobility. The company has a market cap of 22.94B as of 2022 and a Return on Equity of 4.8%. Aptiv’s products are used in a variety of vehicles, including cars, trucks, buses and trains. The company’s products are designed to make vehicles safer, more efficient and more connected.

Summary

Investors are optimistic about Lear Corporation‘s potential in 2023, as the Utah Retirement Systems recently increased their stock holdings in the company. This increased investment could be an indicator of positive performance in the year to come. So far, media exposure of the company has been positive, indicating a healthy amount of confidence in the stock by both professional and amateur investors.

Analysts suggest that investors should keep an eye on the company’s financials, as well as its strategy for new products and markets, to best determine whether it is a good investment for them. The company’s current financial performance is strong, with consistent revenue growth and profitability, but it is essential to keep an eye on future developments.