Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Adient

DB:18I
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
18I
DB
$877M
Market Cap
  1. Home
  2. DE
  3. Automobiles
Company description

Adient plc designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks. The last earnings update was 60 days ago. More info.


Add to Portfolio Compare Print
  • Adient has significant price volatility in the past 3 months.
18I Share Price and Events
7 Day Returns
-3.6%
DB:18I
-3.6%
DE Auto Components
-0.6%
DE Market
1 Year Returns
-46.7%
DB:18I
-52.5%
DE Auto Components
-20.9%
DE Market
18I Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Adient (18I) -3.6% -54.3% -55.1% -46.7% -87.2% -
DE Auto Components -3.6% -26.6% -44.8% -52.5% -66.5% -71.2%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 18I outperformed the Auto Components industry which returned -52.5% over the past year.
  • 18I underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
18I
Industry
5yr Volatility vs Market

18I Value

 Is Adient undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Adient to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Adient.

DB:18I Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:18I
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.5%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.077 (1 + (1- 12.5%) (470.94%))
4.025
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 6.51%)
12.63%

Discounted Cash Flow Calculation for DB:18I using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Adient is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:18I DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.63%)
2020 -27.20 Analyst x5 -24.15
2021 82.52 Analyst x5 65.05
2022 200.00 Analyst x2 139.98
2023 279.00 Analyst x1 173.38
2024 337.98 Est @ 21.14% 186.47
2025 387.59 Est @ 14.68% 189.87
2026 426.96 Est @ 10.16% 185.70
2027 456.83 Est @ 6.99% 176.41
2028 478.66 Est @ 4.78% 164.11
2029 494.11 Est @ 3.23% 150.41
Present value of next 10 years cash flows $1,407.00
DB:18I DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $494.11 × (1 + -0.39%) ÷ (12.63% – -0.39%)
$3,780.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3,780.21 ÷ (1 + 12.63%)10
$1,150.74
DB:18I Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,407.00 + $1,150.74
$2,557.74
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,557.74 / 93.79
$27.27
DB:18I Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:18I represents 0.85561x of NYSE:ADNT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.85561x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 27.27 x 0.85561
€23.33
Value per share (EUR) From above. €23.33
Current discount Discount to share price of €8.00
= -1 x (€8.00 - €23.33) / €23.33
65.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Adient is available for.
Intrinsic value
>50%
Share price is €8 vs Future cash flow value of €23.33
Current Discount Checks
For Adient to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Adient's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Adient's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Adient's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Adient's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:18I PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-6.84
NYSE:ADNT Share Price ** NYSE (2020-04-06) in USD $9.35
Germany Auto Components Industry PE Ratio Median Figure of 9 Publicly-Listed Auto Components Companies 11.43x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Adient.

DB:18I PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:ADNT Share Price ÷ EPS (both in USD)

= 9.35 ÷ -6.84

-1.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Adient is loss making, we can't compare its value to the DE Auto Components industry average.
  • Adient is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Adient's expected growth come at a high price?
Raw Data
DB:18I PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
101.8%per year
Germany Auto Components Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 0.49x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Adient, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Adient's assets?
Raw Data
DB:18I PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $18.58
NYSE:ADNT Share Price * NYSE (2020-04-06) in USD $9.35
Germany Auto Components Industry PB Ratio Median Figure of 13 Publicly-Listed Auto Components Companies 0.69x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:18I PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:ADNT Share Price ÷ Book Value per Share (both in USD)

= 9.35 ÷ 18.58

0.5x

* Primary Listing of Adient.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Adient is good value based on assets compared to the DE Auto Components industry average.
X
Value checks
We assess Adient's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Adient has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

18I Future Performance

 How is Adient expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
101.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Adient expected to grow at an attractive rate?
  • Adient's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Adient's earnings growth is expected to exceed the Germany market average.
  • Adient's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:18I Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:18I Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 101.8%
DB:18I Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 3.3%
Germany Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 48.7%
Germany Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:18I Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:18I Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-09-30 15,105 687 1
2022-09-30 15,718 614 205 5
2021-09-30 15,290 557 178 10
2020-09-30 14,096 431 -88 11
2020-04-07
DB:18I Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 16,304 675 -641
2019-09-30 16,526 308 -491
2019-06-30 16,750 745 -1,842
2019-03-31 17,025 869 -1,467
2018-12-31 17,393 678 -1,486
2018-09-30 17,439 679 -1,685
2018-06-30 17,273 686 14
2018-03-31 16,786 453 161
2017-12-31 16,391 632 519
2017-09-30 16,213 746 877
2017-06-30 16,131 -1,178 -357
2017-03-31 16,486 -1,185 -572

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Adient's earnings are expected to grow significantly at over 20% yearly.
  • Adient's revenue is expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:18I Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from Adient Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:18I Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30 1.55 2.00 0.96 4.00
2020-09-30 -1.81 -1.17 -2.70 4.00
2020-04-07
DB:18I Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -6.84
2019-09-30 -5.25
2019-06-30 -19.71
2019-03-31 -15.71
2018-12-31 -15.91
2018-09-30 -18.06
2018-06-30 0.15
2018-03-31 1.73
2017-12-31 5.56
2017-09-30 9.38
2017-06-30 -3.81
2017-03-31 -6.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Adient is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Adient's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Adient has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

18I Past Performance

  How has Adient performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Adient's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Adient does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Adient's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Adient's 1-year growth to the DE Auto Components industry average as it is not currently profitable.
Earnings and Revenue History
Adient's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Adient Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:18I Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 16,304.00 -641.00 703.00
2019-09-30 16,526.00 -491.00 716.00
2019-06-30 16,750.00 -1,842.00 60.00 513.00
2019-03-31 17,025.00 -1,467.00 75.00 513.00
2018-12-31 17,393.00 -1,486.00 628.00
2018-09-30 17,439.00 -1,685.00 671.00
2018-06-30 17,273.00 14.00 159.00 488.00
2018-03-31 16,786.00 161.00 144.00 488.00
2017-12-31 16,391.00 519.00 129.00 488.00
2017-09-30 16,213.00 877.00 615.00
2017-06-30 16,131.00 -357.00 392.00 460.00
2017-03-31 16,486.00 -572.00 429.00 460.00
2016-12-31 16,583.00 -1,541.00 438.00 460.00
2016-09-30 16,790.00 -1,546.00 424.00 460.00
2016-06-30 17,055.00 -772.00 212.00 599.00
2016-03-31 18,095.00 -550.00 304.00 599.00
2015-12-31 19,031.00 430.00 416.00 599.00
2015-09-30 20,023.00 460.00 494.00 599.00
2014-09-30 22,041.00 307.00 641.00 667.00
2013-09-30 20,470.00 187.00 515.00 688.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Adient has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Adient has efficiently used its assets last year compared to the DE Auto Components industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Adient improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Adient's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Adient has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

18I Health

 How is Adient's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Adient's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Adient is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Adient's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Adient's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Adient Company Filings, last reported 3 months ago.

DB:18I Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,122.00 3,754.00 975.00
2019-09-30 2,240.00 3,738.00 936.00
2019-06-30 2,326.00 3,777.00 1,042.00
2019-03-31 2,667.00 3,382.00 511.00
2018-12-31 2,751.00 3,407.00 406.00
2018-09-30 2,764.00 3,428.00 687.00
2018-06-30 4,194.00 3,439.00 378.00
2018-03-31 4,434.00 3,678.00 353.00
2017-12-31 4,458.00 3,501.00 390.00
2017-09-30 4,620.00 3,478.00 709.00
2017-06-30 4,096.00 3,398.00 669.00
2017-03-31 3,829.00 3,350.00 729.00
2016-12-31 3,429.00 3,461.00 709.00
2016-09-30 4,341.00 3,521.00 105.00
2016-06-30 5,028.00 66.00 120.00
2016-03-31 5,003.00 178.00 66.00
2015-12-31 5,784.00 79.00 59.00
2015-09-30 5,798.00 60.00 49.00
2014-09-30 5,639.00 156.00 60.00
2013-09-30
  • Adient's level of debt (176.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (2.3% vs 176.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Adient has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Adient has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -18.9% per year.
X
Financial health checks
We assess Adient's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Adient has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

18I Dividends

 What is Adient's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Adient dividends. Estimated to be 3.12% next year.
If you bought €2,000 of Adient shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Adient's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Adient's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:18I Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
Germany Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 6.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:18I Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-09-30 1.00 1.00
2022-09-30 0.38 3.00
2021-09-30 0.18 5.00
2020-09-30 0.21 5.00
2020-04-07
DB:18I Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-07 0.000 0.000
2020-01-31 0.000 0.000
2019-11-22 0.000 0.000
2019-11-07 0.000 0.000
2019-08-07 0.000 0.000
2019-08-06 0.000 0.000
2019-05-09 0.000 0.000
2019-05-07 0.000 0.000
2018-11-09 0.000 0.000
2018-10-10 1.100 3.662
2018-06-05 1.100 2.456
2018-03-12 1.100 1.861
2017-11-07 1.100 1.528
2017-09-12 1.100 1.329
2017-07-11 1.100 1.615
2017-03-13 1.100 1.606

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Adient has not reported any payouts.
  • Unable to verify if Adient's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Adient's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Adient has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.9x coverage).
X
Income/ dividend checks
We assess Adient's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Adient afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Adient has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

18I Management

 What is the CEO of Adient's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Doug Del Grosso
COMPENSATION $14,496,754
AGE 57
TENURE AS CEO 1.5 years
CEO Bio

Mr. Douglas G. Del Grosso, also known as Doug, serves as CEO, President & Director at Adient plc since October 1, 2018. Mr. Del Grosso had served as the Chief Executive Officer of Chassix Holdings, Inc. since January 4, 2016 until 2018 and served as its President since 2016 to 2018. Mr. Del Grosso has served as the Chief Executive Officer of Chassix Inc since February 8, 2016 and served as its President. He served as the Chief Executive Officer and President of Henniges Automotive, Inc. (now Henniges Automotive North America, Inc.) since August 1, 2012 until to December 2015. He has nearly 30 years experience operating in the automotive industry. He served as Vice President & General Manager of Global Braking & Suspensions at TRW Corporation. From 2007 to 2010, he oversaw TRW's North American Braking & Suspension Operations. He served as the Chief Operating Officer and President of Lear Corp., from May 18, 2005 to August 14, 2007 and served as its President and Chief Operating Officer of Europe Asia and Africa since August 2002 and President and Chief Operating Officer of the Americas since August 1, 2004. He served as an Executive Vice President of International of Lear Corp., since September 2001, Senior Vice President of Product Focus Group since October 2000, Senior Vice President and President of North American and South American Operations since May 1999, Senior Vice President of Interior Systems Group and Seat Trim Division since January 1999, Vice President and President of GM Division since May 1997 and also served as Vice President and President of Chrysler Division since December 1995. He served as President of DaimlerChrysler Division of Lear as well as Interior Systems and Electronics divisions Director of Product Engineering since 1991. Mr. Del Grosso began his career with Lear in 1984 as a Design Engineer and has progressively advanced to positions of increasing responsibility. He served as Director of Lincoln Educational Services Corporation from December 4, 2014 to August 5, 2015. He has been a Director of Chassix Holdings, Inc. since January 2016. He holds Bachelor of Science degree from Lawrence Technological University in Mechanical Engineering and Master of Business Administration from Michigan State University.

CEO Compensation
  • Insufficient data for Doug to compare compensation growth.
  • Doug's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Adient management team in years:

1.4
Average Tenure
54
Average Age
  • The average tenure for the Adient management team is less than 2 years, this suggests a new team.
Management Team

Doug Del Grosso

TITLE
President
COMPENSATION
$14M
AGE
57
TENURE
1.5 yrs

Jeff Stafeil

TITLE
Executive VP & CFO
COMPENSATION
$3M
AGE
49
TENURE
4 yrs

Cathy Ebacher

TITLE
VP, General Counsel & Secretary
COMPENSATION
$2M
AGE
57
TENURE
3.5 yrs

Jian Huang

TITLE
Vice President
COMPENSATION
$1M

Gregory Smith

TITLE
VP & Chief Accounting Officer
AGE
51
TENURE
0.5 yrs

Mark Oswald

TITLE
Vice President of Investor Relations

Renee McLeod

TITLE
VP & CHRO
TENURE
0.9 yrs

Kelli Carney

TITLE
Chief Purchasing Officer & VP
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Adient board of directors in years:

3.5
Average Tenure
59
Average Age
  • The tenure for the Adient board of directors is about average.
Board of Directors

Fritz Henderson

TITLE
Non-Executive Chairman of the Board
COMPENSATION
$492K
AGE
60
TENURE
1.6 yrs

Doug Del Grosso

TITLE
President
COMPENSATION
$14M
AGE
57
TENURE
1.5 yrs

Ray Conner

TITLE
Independent Director
COMPENSATION
$296K
AGE
64
TENURE
3.5 yrs

Richard Goodman

TITLE
Independent Director
COMPENSATION
$300K
AGE
71
TENURE
3.5 yrs

Barb Samardzich

TITLE
Independent Director
COMPENSATION
$296K
AGE
61
TENURE
3.5 yrs

Julie Bushman

TITLE
Independent Director
COMPENSATION
$290K
AGE
57
TENURE
3.5 yrs

Peter Carlin

TITLE
Independent Director
COMPENSATION
$290K
AGE
46

Jose Gutierrez

TITLE
Independent Director
COMPENSATION
$292K
AGE
58
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Adient individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
17. Mar 20 Buy Jerome Dorlack Individual 13. Mar 20 13. Mar 20 2,700 €11.84 €31,960
13. Mar 20 Buy Gregory Smith Individual 12. Mar 20 12. Mar 20 365 €12.45 €4,543
11. Mar 20 Buy Jeffrey Stafeil Individual 10. Mar 20 10. Mar 20 5,858 €15.07 €88,297
X
Management checks
We assess Adient's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Adient has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

18I News

Simply Wall St News

18I Company Info

Description

Adient plc designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks. It offers seating systems, frames, mechanisms, foams, head restraints, armrests, trim covers, and fabrics. The company also produces instrument panels, floor consoles, door panels, overhead consoles, cockpit systems, decorative trims, and other automotive interior products. It operates in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and China. Adient plc was incorporated in 2016 and is based in Dublin, Ireland.

Details
Name: Adient plc
18I
Exchange: DB
Founded: 2016
$810,932,863
93,793,433
Website: http://www.adient.com
Address: Adient plc
25-28 North Wall Quay,
IFSC,
Dublin,
Co. Dublin, 1,
Ireland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ADNT Ordinary Shares New York Stock Exchange US USD 17. Oct 2016
DB 18I Ordinary Shares Deutsche Boerse AG DE EUR 17. Oct 2016
Number of employees
Current staff
Staff numbers
83,000
Adient employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 00:27
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/02
Last earnings filing: 2020/02/07
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.