Autoliv, Inc. (ALV)
Consumer Cyclical · NYQ · US
Fundamentals
Valuation and ratings
Autoliv, Inc. trades at USD122.78, which is 36% above the USD78.71 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 48 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 13.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Autoliv, Inc.
Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in the Americas, Europe, China, and Asia. The company offers passive safety systems, such as modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, pedestrian protection systems, steering wheels, inflator technologies, battery cut-off switches, and seatbelts. It also develops and manufactures mobility safety solutions, including passive safety systems for commercial vehicles; and safety solutions for riders of motorcycles and bikes. The company primarily serves car manufacturers. Autoliv, Inc. was founded in 1953 and is based in Stockholm, Sweden.
ALV passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Smart money ownership
10 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$116.73M · 0.1% of book
- Tweedy Browne, Tweedy, Browne Co LLC$40.34M · 3.2% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$26.28M · 0.0% of book
- Bill Nygren, HARRIS ASSOCIATES L P$24.51M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$22.27M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Autoliv, Inc. (ALV) undervalued?
Against our discounted cash flow estimate of USD78.71, ALV at USD122.78 is 36% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own ALV?
10 of the institutions we track reported a position in ALV in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is ALV's P/E ratio?
ALV trades at 13.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
The full research page for ALV, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.