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Adient (Adient) Intrinsic Value: Projected FCF

: $25.24 (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 (2024-04-15), Adient's Intrinsic Value: Projected FCF is $25.24. The stock price of Adient is $29.19. Therefore, Adient's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.

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

ADNT' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.16   Med: 1.48   Max: 1.74
Current: 1.16

During the past 11 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Adient was 1.74. The lowest was 1.16. And the median was 1.48.

ADNT's Price-to-Projected-FCF is ranked worse than
53.39% of 886 companies
in the Vehicles & Parts industry
Industry Median: 1.07 vs ADNT: 1.16

Adient Intrinsic Value: Projected FCF Historical Data

The historical data trend for Adient'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.

Adient Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Intrinsic Value: Projected FCF
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -13.69 -0.73 -6.33 29.26

Adient 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 19.91 24.71 25.93 29.26 25.24

Competitive Comparison

For the Auto Parts subindustry, Adient'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.


Adient Price-to-Projected-FCF Distribution

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

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



Adient 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 Adient's Free Cash Flow(6 year avg) = $56.16.

Adient'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*56.16+2285*0.8)/93.600
=25.24

* 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.


Adient  (NYSE:ADNT) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=29.19/25.242125487493
=1.16

* 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.


Adient Intrinsic Value: Projected FCF Related Terms

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


Adient (Adient) Business Description

Traded in Other Exchanges
Address
3 Dublin Landings, North Wall Quay, IFSC, Dublin 1, Dublin, IRL, D01 H104
Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated seating revenue from joint ventures after factoring in the sale was about $3.8 billion in fiscal 2023 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2023 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $15.4 billion.
Executives
Jerome J. Dorlack officer: VP, Seating Americas 5725 DELPHI DRIVE, TROY MI 48098
Peter Carlin director 101 JFK PARKWAY, SHORT HILLS NJ 07078
Jodi Euerle Eddy director C/O BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
James Conklin officer: EVP, Americas ADIENT, 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Heather M Tiltmann officer: SVP, Gen. Counsel & Secretary 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Douglas G Delgrosso director, officer: CEO and President
Berthelin Michel Pierre Rose officer: VP, Seating EMEA 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Jeffrey Stafeil officer: EVP and CFO 1707 PADDINGTON CIRCLE, KESWICK VA 22947
Gregory Scott Smith officer: VP & Chief Accounting Officer 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Ricky T Dillon director ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Jian James Huang officer: Vice President, APAC 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Jose M Gutierrez director 175 E HOUSTON ST. ROOM 216, SAN ANTONIO TX 78205
Frederick A. Henderson director SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Cathleen A Ebacher officer: VP, GC and Secretary 833 E MICHIGAN STREET, SUITE 1100, MILWAUKEE WI 53202
R Bruce Mcdonald director, officer: Chairman and CEO ADIENT PLC, 833 E. MICHIGAN STREET, SUITE 1100, MILWAUKEE WI 53202