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Autoliv (Autoliv) Intrinsic Value: Projected FCF

: $56.29 (As of Today)
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Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-19), Autoliv's Intrinsic Value: Projected FCF is $56.29. The stock price of Autoliv is $114.36. Therefore, Autoliv's Price-to-Intrinsic-Value-Projected-FCF of today is 2.0.

The historical rank and industry rank for Autoliv's Intrinsic Value: Projected FCF or its related term are showing as below:

ALV' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.95   Med: 1.44   Max: 2.03
Current: 2.03

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Autoliv was 2.03. The lowest was 0.95. And the median was 1.44.

ALV's Price-to-Projected-FCF is ranked worse than
69.67% of 887 companies
in the Vehicles & Parts industry
Industry Median: 1.05 vs ALV: 2.03

Autoliv Intrinsic Value: Projected FCF Historical Data

The historical data trend for Autoliv's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Autoliv Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.24 52.45 56.68 52.61 56.29

Autoliv Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.61 47.01 50.71 50.70 56.29

Competitive Comparison

For the Auto Parts subindustry, Autoliv's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Autoliv Price-to-Projected-FCF Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Autoliv's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Autoliv's Price-to-Projected-FCF falls into.



Autoliv Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Autoliv's Free Cash Flow(6 year avg) = $280.05.

Autoliv's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*280.048+2557*0.8)/83.700
=56.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Autoliv  (NYSE:ALV) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Autoliv's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=114.36/56.293374238313
=2.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Autoliv Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Autoliv's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Autoliv (Autoliv) Business Description

Traded in Other Exchanges
Address
Klarabergsviadukten 70, P.O. Box 70381, Section B7, Stockholm, SWE, SE-107 24
Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 11% of 2022 revenue, with Stellantis accounting for 11% and Volkswagen 10%. At 34% of 2022 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 21%, and Japan at 8%.
Executives
Leif Johansson director C/O AB VOLVO, SE 4050B, GOTEBORG, SWEDEN V7 4050B
Jan Carlson director, officer: President and CEO C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Fredrik Westin officer: See Remarks C/O AUTOLIV, INC. KLABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 11 64
Frithjof Oldorff officer: President, Autoliv Europe 21680 HAGGERTY ROAD, SUITE 101, NORTHVILLE MI 48167
Christian Swahn officer: EVP, Supply Chain Management C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 111 64
Mikael Bratt officer: President, Passive Safety C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Magnus Jarlegren officer: EVP, Operations C/O AUTOLIV, INC.,KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 111 64
Jordi Lombarte officer: Chief Technology Officer C/O AUTOLIV, INC., BOX 70381, STOCKHOLM V7 SE 107 24
Naughton Colin officer: President, Asia C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Per Jonas Jademyr officer: See Remarks C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Svante Mogefors officer: Group VP, Quality C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Cevian Capital Ii Gp Ltd 10 percent owner C/O HIGHVERN FUND ADMINISTRATORS LIMITED, WHITELEY CHAMBERS, DON STREET, St. Helier Y9 JE2 4TR
Gustav Lundgren director RINGVAGEN 32, LIDINGO V7 181 51
Sng Yih officer: President, Autoliv China C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Martin Lundstedt director NORRSKOGSGATAN 14, STOCKHOLM V7 11264