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Autoliv

DB:LIVS
Snowflake Description

Undervalued with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LIVS
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Automobiles
Company description

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry. The last earnings update was 46 days ago. More info.


Add to Portfolio Compare Print
  • Autoliv has significant price volatility in the past 3 months.
LIVS Share Price and Events
7 Day Returns
2.8%
DB:LIVS
3.7%
DE Auto Components
2.1%
DE Market
1 Year Returns
-37.7%
DB:LIVS
-47.8%
DE Auto Components
-16.6%
DE Market
LIVS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Autoliv (LIVS) 2.8% -22.2% -40.5% -37.7% -53.4% -62.6%
DE Auto Components 3.7% -20.4% -41.1% -47.8% -63.5% -67.9%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • LIVS outperformed the Auto Components industry which returned -47.8% over the past year.
  • LIVS underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
LIVS
Industry
5yr Volatility vs Market

Value

 Is Autoliv 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 Autoliv 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 Autoliv.

DB:LIVS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 19 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.2%
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:LIVS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.14 (1 + (1- 22%) (51.73%))
1.402
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.4
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.402 * 5.44%)
7.23%

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

The calculations below outline how an intrinsic value for Autoliv 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:LIVS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.23%)
2020 385.84 Analyst x14 359.81
2021 423.17 Analyst x14 368.00
2022 503.14 Analyst x7 408.02
2023 543.00 Analyst x2 410.63
2024 569.03 Est @ 4.79% 401.28
2025 587.45 Est @ 3.24% 386.33
2026 600.08 Est @ 2.15% 368.01
2027 608.41 Est @ 1.39% 347.94
2028 613.61 Est @ 0.85% 327.24
2029 616.56 Est @ 0.48% 306.63
Present value of next 10 years cash flows $3,683.00
DB:LIVS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $616.56 × (1 + -0.39%) ÷ (7.23% – -0.39%)
$8,054.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $8,054.55 ÷ (1 + 7.23%)10
$4,005.70
DB:LIVS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,683.00 + $4,005.70
$7,688.70
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $7,688.70 / 87.32
$88.06
DB:LIVS Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:LIVS represents 0.85474x of NYSE:ALV
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.85474x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 88.06 x 0.85474
€75.27
Value per share (EUR) From above. €75.27
Current discount Discount to share price of €42.60
= -1 x (€42.60 - €75.27) / €75.27
43.4%

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

Current Discount
Amount off the current price Autoliv is available for.
Intrinsic value
43%
Share price is €42.6 vs Future cash flow value of €75.27
Current Discount Checks
For Autoliv to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Autoliv's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Autoliv'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 Autoliv's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Autoliv's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:LIVS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $5.29
NYSE:ALV Share Price ** NYSE (2020-04-07) in USD $49.84
Germany Auto Components Industry PE Ratio Median Figure of 9 Publicly-Listed Auto Components Companies 12.05x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

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

** Primary Listing of Autoliv.

DB:LIVS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 49.84 ÷ 5.29

9.42x

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

  • Autoliv is good value based on earnings compared to the DE Auto Components industry average.
  • Autoliv is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Autoliv's expected growth come at a high price?
Raw Data
DB:LIVS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.42x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts
13.1%per year
Germany Auto Components Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 0.53x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

DB:LIVS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.42x ÷ 13.1%

0.72x

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

  • Autoliv is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Autoliv's assets?
Raw Data
DB:LIVS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $24.18
NYSE:ALV Share Price * NYSE (2020-04-07) in USD $49.84
Germany Auto Components Industry PB Ratio Median Figure of 13 Publicly-Listed Auto Components Companies 0.7x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:LIVS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 49.84 ÷ 24.18

2.06x

* Primary Listing of Autoliv.

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

  • Autoliv is overvalued based on assets compared to the DE Auto Components industry average.
X
Value checks
We assess Autoliv'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. Autoliv has a total score of 5/6, 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.

Future Performance

 How is Autoliv expected to perform in the next 1 to 3 years based on estimates from 19 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
13.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Autoliv expected to grow at an attractive rate?
  • Autoliv's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Autoliv's earnings growth is positive but not above the Germany market average.
  • Autoliv's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:LIVS Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:LIVS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts 13.1%
DB:LIVS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts 3.4%
Germany Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 49.7%
Germany Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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:LIVS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:LIVS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 9,327 1
2023-12-31 9,785 1,048 677 3
2022-12-31 9,283 1,029 632 13
2021-12-31 8,753 899 547 18
2020-12-31 7,868 780 361 19
2020-04-07
DB:LIVS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 8,548 641 462
2019-09-30 8,549 618 213
2019-06-30 8,555 661 245
2019-03-31 8,611 729 329
2018-12-31 8,678 591 376
2018-09-30 8,644 691 666
2018-06-30 8,564 670 654
2018-03-31 8,336 802 597
2017-12-31 8,137 936 586
2017-09-30 8,582 841 537
2017-06-30 9,091 894 569
2017-03-31 9,685 817 582

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Autoliv's earnings are expected to grow by 13.1% yearly, however this is not considered high growth (20% yearly).
  • Autoliv's revenue is expected to grow by 3.4% 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:LIVS 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 19 Analyst Estimates (S&P Global) See Below

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

DB:LIVS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31 7.76 8.07 7.44 2.00
2022-12-31 7.18 8.32 6.07 5.00
2021-12-31 6.42 7.76 5.62 7.00
2020-12-31 3.97 6.55 2.03 8.00
2020-04-07
DB:LIVS Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 5.29
2019-09-30 2.44
2019-06-30 2.81
2019-03-31 3.77
2018-12-31 4.32
2018-09-30 7.65
2018-06-30 7.51
2018-03-31 6.85
2017-12-31 6.70
2017-09-30 6.11
2017-06-30 6.46
2017-03-31 6.59

*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.
  • Autoliv is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Autoliv'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.
Autoliv has a total score of 2/6, 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.

Past Performance

  How has Autoliv 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 Autoliv'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.
  • Autoliv's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Autoliv's 1-year earnings growth exceeds its 5-year average (22.8% vs -3.4%)
  • Autoliv's earnings growth has exceeded the DE Auto Components industry average in the past year (22.8% vs -45.1%).
Earnings and Revenue History
Autoliv'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 Autoliv Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LIVS 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 8,547.60 461.50 408.00 405.50
2019-09-30 8,549.20 212.90 394.40 408.20
2019-06-30 8,554.50 245.00 396.80 411.00
2019-03-31 8,611.30 328.60 393.40 411.50
2018-12-31 8,678.20 375.90 390.70 412.60
2018-09-30 8,644.10 665.60 415.60 403.50
2018-06-30 8,563.70 653.80 416.50 394.70
2018-03-31 8,336.10 596.80 421.90 372.90
2017-12-31 8,136.80 586.00 415.90 370.60
2017-09-30 8,581.90 537.00 421.20 445.30
2017-06-30 9,090.60 569.10 440.90 517.70
2017-03-31 9,685.20 581.80 456.20 598.40
2016-12-31 7,921.60 558.40 399.20 357.30
2016-09-30 9,989.30 604.90 454.80 627.30
2016-06-30 9,712.50 566.00 439.60 592.20
2016-03-31 9,425.50 554.30 420.50 556.10
2015-12-31 9,169.60 456.80 408.00 523.80
2015-09-30 9,003.80 419.50 409.90 520.10
2015-06-30 9,027.30 427.10 409.60 525.40
2015-03-31 9,118.80 373.20 413.00 519.90
2014-12-31 9,240.50 467.80 414.90 535.60
2014-09-30 9,238.70 419.30 411.30 522.30
2014-06-30 9,149.70 436.70 404.10 506.80
2014-03-31 8,964.20 492.60 396.50 502.40
2013-12-31 8,803.40 485.80 389.90 489.30
2013-09-30 8,503.40 524.80 377.10 485.10
2013-06-30 8,331.50 518.40 372.10 461.70

*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.
  • Autoliv has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Autoliv used its assets more efficiently than the DE Auto Components industry average last year based on Return on Assets.
  • Autoliv has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Autoliv'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.
Autoliv has a total score of 5/6, 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.

Health

 How is Autoliv'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 Autoliv's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Autoliv is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Autoliv's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Autoliv'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 1.4x 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 Autoliv Company Filings, last reported 3 months ago.

DB:LIVS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,122.40 2,094.20 444.70
2019-09-30 1,999.30 2,105.00 334.40
2019-06-30 2,037.70 2,217.00 406.40
2019-03-31 1,974.00 2,035.70 436.60
2018-12-31 1,896.80 2,229.70 615.80
2018-09-30 2,053.40 2,250.50 533.70
2018-06-30 2,007.60 2,283.60 507.50
2018-03-31 4,342.00 1,409.20 793.90
2017-12-31 4,169.40 1,330.40 959.50
2017-09-30 4,209.40 1,505.00 958.30
2017-06-30 4,112.30 1,512.20 922.50
2017-03-31 4,106.90 1,548.90 1,235.20
2016-12-31 3,926.40 1,543.40 1,226.70
2016-09-30 4,037.00 1,544.80 1,182.60
2016-06-30 3,952.40 1,555.40 1,113.10
2016-03-31 3,865.20 1,528.20 1,161.60
2015-12-31 3,468.10 1,539.00 1,333.50
2015-09-30 3,319.00 1,553.40 1,181.10
2015-06-30 3,341.00 1,599.80 1,323.30
2015-03-31 3,225.60 1,636.80 1,364.10
2014-12-31 3,442.10 1,600.80 1,529.00
2014-09-30 3,675.70 1,771.40 1,846.70
2014-06-30 3,943.40 1,775.10 2,060.20
2014-03-31 3,999.90 638.80 1,096.80
2013-12-31 4,000.40 621.30 1,118.30
2013-09-30 4,032.30 640.10 1,134.70
2013-06-30 3,905.80 624.40 1,042.40
  • Autoliv's level of debt (98.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (46.6% vs 98.7% today).
  • Debt is well covered by operating cash flow (30.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 14.8x coverage).
X
Financial health checks
We assess Autoliv'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. Autoliv has a total score of 4/6, 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.

Dividends

 What is Autoliv'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 Autoliv dividends. Estimated to be 4.81% next year.
If you bought €2,000 of Autoliv 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 Autoliv's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Autoliv'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:LIVS 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 19 Analyst Estimates (S&P Global) See Below
Germany Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 5.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

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

DB:LIVS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31 2.49 1.00
2023-12-31 2.60 3.00
2022-12-31 2.46 8.00
2021-12-31 2.35 12.00
2020-12-31 2.33 10.00
2020-04-07
DB:LIVS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-04-02 0.000 0.000
2019-08-19 2.480 3.437
2019-05-07 2.480 3.623
2019-02-19 2.480 3.121
2018-11-08 2.480 3.184
2018-08-15 2.480 2.884
2018-05-08 2.480 2.019
2018-02-14 2.480 1.692
2017-12-12 2.400 1.780
2017-08-14 2.400 1.998
2017-05-09 2.400 2.186
2017-02-21 2.400 2.361
2016-11-03 2.320 2.169
2016-08-15 2.320 2.236
2016-05-10 2.320 2.033
2016-02-16 2.320 2.036
2015-12-18 2.240 2.019
2015-08-03 2.240 1.990
2015-05-05 2.240 1.917
2015-02-17 2.240 1.923
2014-12-09 2.160 2.049
2014-08-04 2.160 2.218
2014-05-06 2.160 2.063
2014-02-19 2.080 2.099
2013-12-17 2.080 2.286
2013-08-13 2.000 2.269
2013-05-07 2.000 2.520
2013-02-19 2.000 2.896
2012-12-18 2.000 3.018
2012-08-16 2.000 3.296
2012-05-08 1.880 3.362
2012-02-21 1.880 2.863
2011-12-20 1.800 2.990
2011-08-16 1.800 3.415
2011-05-10 1.800 2.598
2011-02-22 1.720 2.326
2010-12-16 1.600 2.028
2010-08-17 1.400 2.102
2010-05-06 1.200 2.353
2010-04-28 0.000 0.000
2010-04-27 0.000 0.000
2010-02-19 0.000 0.000
2010-01-29 0.000 0.000
2009-10-21 0.000 0.000
2009-10-20 0.000 0.000

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

  • Unable to perform a dividend volatility check as Autoliv has not reported any payouts.
  • Unable to verify if Autoliv's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Autoliv's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Autoliv has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3x coverage).
X
Income/ dividend checks
We assess Autoliv's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Autoliv afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Autoliv 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.

Management

 What is the CEO of Autoliv'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
Mikael Bratt
COMPENSATION $2,399,180
AGE 52
TENURE AS CEO 1.8 years
CEO Bio

Mr. Mikael Bratt has been President and Chief Executive Officer of Autoliv, Inc. since June 29, 2018 and has been its Director since September 20, 2018. Mr. Bratt was the President of Passive Safety at Autoliv, Inc. since May 1, 2016 until 2018. Mr. Bratt served as an Executive Vice President of Group Trucks Operations at AB Volvo (publ) until April 1, 2016 and also served as its Member of the Group Executive Board since 2008 until April 1, 2016. Mr. Bratt served as Chief Financial Officer and Senior Vice President of Volvo AB from February 11, 2008 to 2011. He served as the Group Chief Financial Officer at AB Volvo Penta. He served as Vice President and Head of Corporate Finance of Volvo AB since 2002. He has extensive experience of the Volvo Group's various operations and served management positions in units including Volvo Treasury North America and Volvo Trucks' operations in Brazil. Mr. Bratt served as the Chairman at Volvo Treasury Aktiebolag. Mr. Bratt studied business administration at the University of Gothenburg, Sweden.

CEO Compensation
  • Mikael's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mikael's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

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

2
Average Tenure
51.5
Average Age
  • The tenure for the Autoliv management team is about average.
Management Team

Mikael Bratt

TITLE
President
COMPENSATION
$2M
AGE
52
TENURE
1.8 yrs

Jordi Lombarte

TITLE
Chief Technology Officer
COMPENSATION
$940K
AGE
52
TENURE
2.3 yrs

Dan Garceau

TITLE
President of Autoliv Americas (AAM)
COMPENSATION
$974K
AGE
51
TENURE
5.6 yrs

Brad Murray

TITLE
President of Autoliv Asia (AAS)
COMPENSATION
$3M
AGE
60
TENURE
2.3 yrs

Fredrik Westin

TITLE
CFO & EVP of Finance
AGE
47
TENURE
0.1 yrs

Magnus Jarlegren

TITLE
Executive Vice President of Operations
AGE
40
TENURE
0.7 yrs

Anders Trapp

TITLE
Vice President of Investor Relations

Anthony Nellis

TITLE
Executive VP of Legal Affairs
AGE
51

Stina Thorman

TITLE
Acting Vice President of Corporate Communications

Sherry Vasa

TITLE
Executive Vice President of Human Resources & Sustainability
AGE
52
Board of Directors Tenure

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

4.7
Average Tenure
65
Average Age
  • The tenure for the Autoliv board of directors is about average.
Board of Directors

Jan Carlson

TITLE
Chairman
COMPENSATION
$390K
AGE
59
TENURE
5.9 yrs

Mikael Bratt

TITLE
President
COMPENSATION
$2M
AGE
52
TENURE
1.6 yrs

Ola Boström

TITLE
VP of Research & Member of Research Advisory Board

Jim Ringler

TITLE
Lead Independent Director
COMPENSATION
$300K
AGE
74
TENURE
2.9 yrs

Dave Kepler

TITLE
Independent Director
COMPENSATION
$260K
AGE
67
TENURE
5.2 yrs

Leif Johansson

TITLE
Independent Director
COMPENSATION
$260K
AGE
68
TENURE
4.2 yrs

Ted Senko

TITLE
Independent Director
COMPENSATION
$270K
AGE
63
TENURE
2.1 yrs

Jan Olsson

TITLE
Member of Research Advisory Board
AGE
65

Xiaozhi Liu

TITLE
Independent Director
COMPENSATION
$240K
AGE
63
TENURE
8.4 yrs

Franz-Josef Kortüm

TITLE
Independent Director
COMPENSATION
$240K
AGE
69
TENURE
6.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Autoliv'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. Autoliv 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.

News

Simply Wall St News

Company Info

Description

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry. The company offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats. It operates in Europe and the Americas; and China, Japan, and rest of Asia. The company primarily serves car manufacturers. Autoliv, Inc. was founded in 1953 and is headquartered in Stockholm, Sweden.

Details
Name: Autoliv, Inc.
LIVS
Exchange: DB
Founded: 1953
$4,024,114,193
87,315,512
Website: http://www.autoliv.com
Address: Autoliv, Inc.
World Trade Center,
Klarabergsviadukten 70,
Stockholm,
Stockholm County, 111 64,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ALV Common Shares New York Stock Exchange US USD 28. Apr 1997
DB LIV Common Shares Deutsche Boerse AG DE EUR 28. Apr 1997
LSE 0HJH Common Shares London Stock Exchange GB USD 28. Apr 1997
BRSE LIV Common Shares Berne Stock Exchange CH CHF 28. Apr 1997
OM ALIV SDB SDR USD1 OMX Nordic Exchange Stockholm SE SEK 08. Aug 1994
DB LIVS SDR USD1 Deutsche Boerse AG DE EUR 08. Aug 1994
LSE 0MI0 SDR USD1 London Stock Exchange GB SEK 08. Aug 1994
BATS-CHIXE ALIVS SDR USD1 BATS 'Chi-X Europe' GB SEK 08. Aug 1994
Number of employees
Current staff
Staff numbers
58,680
Autoliv employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 22:57
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/07
Last earnings filing: 2020/02/21
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.