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Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company operates in three segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment offers actuators, sensors, switches, actuators, and connectors that monitor, measure, or activate specific functions within a vehicle. The Electronics segment designs and manufactures driver information systems, camera-based vision systems, connectivity and compliance products, and electronic control units. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment offers electronic control units that regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment designs, manufactures, and sells vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories; in-vehicle audio and infotainment devices; and telematics solutions. It also offers security alarms and convenience applications, such as parking sensors and rearview cameras, audio and infotainment systems, and telematics products. The company provides its products and systems to various original equipment manufacturers and Tier 1 customers, as well as aftermarket distributors and mass merchandisers for use in various vehicle platforms. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -10.70M | 12.44M | -10.72M | 68.39M | 65.06M |
| Minority interest | - | - | - | 0.00M | 0.00M |
| Net income | -14.06M | 3.41M | -7.95M | 60.29M | 53.85M |
| Selling general administrative | 106.69M | 93.39M | 112.47M | 123.85M | 138.55M |
| Gross profit | 174.93M | 166.86M | 154.20M | 213.73M | 256.63M |
| Reconciled depreciation | 34.74M | 34.47M | 33.23M | 31.48M | 29.52M |
| Ebit | -3.60M | -13.09M | -4.60M | 39.12M | 69.78M |
| Ebitda | 31.14M | 21.38M | 28.64M | 70.60M | 99.30M |
| Depreciation and amortization | 34.74M | 34.47M | 33.23M | 31.48M | 29.52M |
| Non operating income net other | -6.53M | 2.21M | 3.06M | 1.44M | 2.77M |
| Operating income | -3.60M | -13.09M | -4.60M | 39.12M | 67.00M |
| Other operating expenses | 896.99M | 785.77M | 655.67M | 796.61M | 799.20M |
| Interest expense | 7.10M | 5.19M | 6.12M | 4.32M | 4.72M |
| Tax provision | 3.36M | 9.03M | -2.77M | 8.10M | 11.21M |
| Interest income | 7.92M | 1.53M | 4.59M | 2.75M | 2.68M |
| Net interest income | -7.10M | -5.19M | -6.12M | -4.32M | -4.72M |
| Extraordinary items | - | - | - | - | -0.58M |
| Non recurring | - | -30.72M | - | -33.60M | - |
| Income tax expense | 3.36M | 9.03M | -2.77M | 8.10M | 11.21M |
| Total revenue | 899.92M | 770.46M | 648.01M | 834.29M | 866.20M |
| Total operating expenses | 171.99M | 182.16M | 161.86M | 176.05M | 189.63M |
| Cost of revenue | 725.00M | 603.60M | 493.81M | 620.56M | 609.57M |
| Total other income expense net | -7.10M | 25.53M | -6.12M | 29.27M | 2.77M |
| Net income from continuing ops | -14.06M | 3.41M | -7.95M | 60.29M | 53.85M |
| Net income applicable to common shares | -14.06M | 3.41M | -7.95M | 60.29M | 53.85M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 652.11M | 665.40M | 621.41M | 602.21M | 559.52M |
| Intangible assets | 45.51M | 49.86M | 55.39M | 58.12M | 62.03M |
| Other current assets | 44.02M | 36.77M | 33.45M | 29.85M | 20.73M |
| Total liab | 371.16M | 369.45M | 324.77M | 312.31M | 276.25M |
| Total stockholder equity | 280.94M | 295.95M | 296.63M | 289.90M | 283.27M |
| Deferred long term liab | 8.50M | 10.71M | 12.94M | 12.53M | 14.89M |
| Other current liab | 66.04M | 70.14M | 52.27M | 55.22M | 8.60M |
| Common stock | -50.37M | -55.26M | -60.48M | -50.77M | -8.88M |
| Capital stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Retained earnings | 201.69M | 215.75M | 212.34M | 206.54M | 146.25M |
| Other liab | 15.07M | 17.51M | 27.29M | 29.28M | 31.96M |
| Good will | 34.23M | 36.39M | 39.10M | 35.87M | 36.72M |
| Other assets | - | 254.57M | - | 0.12M | 0.88M |
| Cash | 54.80M | 85.55M | 73.92M | 69.40M | 81.09M |
| Cash and equivalents | 54.80M | 85.55M | 73.92M | 69.40M | 81.09M |
| Total current liabilities | 177.69M | 173.07M | 146.05M | 138.60M | 147.31M |
| Current deferred revenue | - | - | - | - | 49.28M |
| Net debt | 125.05M | 98.57M | 85.19M | 77.69M | 17.42M |
| Short term debt | 1.45M | 5.25M | 7.67M | 2.67M | 1.53M |
| Short long term debt | 1.45M | 5.25M | 7.67M | 2.67M | 1.53M |
| Short long term debt total | 179.85M | 184.12M | 159.11M | 147.10M | 98.52M |
| Other stockholder equity | 232.76M | 121.96M | 113.44M | 124.06M | 213.89M |
| Property plant equipment | 104.64M | 126.24M | 119.32M | 122.48M | 112.21M |
| Total current assets | 409.55M | 410.82M | 334.66M | 331.27M | 320.18M |
| Long term investments | 44.42M | 42.08M | 53.98M | 32.44M | 28.38M |
| Net tangible assets | 201.21M | 209.70M | 202.14M | 195.91M | 184.52M |
| Short term investments | - | - | 53.98M | - | - |
| Net receivables | 158.16M | 150.39M | 136.75M | 138.56M | 139.08M |
| Long term debt | 167.80M | 163.96M | 136.00M | 0.45M | 0.98M |
| Inventory | 152.58M | 138.12M | 90.55M | 93.45M | 79.28M |
| Accounts payable | 110.20M | 97.68M | 86.10M | 80.70M | 87.89M |
| Accumulated other comprehensive income | -103.14M | -97.02M | -89.64M | -91.47M | -85.75M |
| Retained earnings total equity | 201.69M | 215.75M | 212.34M | 206.54M | 146.25M |
| Treasury stock | -50.37M | -55.26M | -60.48M | -50.77M | -8.88M |
| Non currrent assets other | -8.50M | -10.71M | -12.94M | -12.53M | -14.89M |
| Non current assets total | 242.55M | 254.57M | 286.74M | 270.94M | 239.34M |
| Capital lease obligations | 10.59M | 14.91M | 15.43M | 17.97M | - |
| Long term debt total | 167.80M | 163.96M | 136.00M | 0.45M | 0.98M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | 2.87M | 17.80M | -1.55M | -1.60M | -0.44M |
| Change to liabilities | 22.58M | 16.52M | -1.84M | -18.89M | 3.38M |
| Total cashflows from investing activities | -28.58M | 28.04M | -33.88M | -6.30M | -27.95M |
| Net borrowings | -6.51M | 25.54M | 14.36M | 27.23M | -29.66M |
| Total cash from financing activities | -7.30M | 22.88M | 6.51M | -28.26M | -33.87M |
| Change to operating activities | -1.07M | 8.18M | -4.14M | -20.80M | -5.38M |
| Net income | -14.06M | 3.41M | -7.95M | 60.29M | 53.85M |
| Change in cash | -30.75M | 11.63M | 4.52M | -11.69M | 15.09M |
| Begin period cash flow | 85.55M | 73.92M | 69.40M | 81.09M | 66.00M |
| End period cash flow | 54.80M | 85.55M | 73.92M | 69.40M | 81.09M |
| Total cash from operating activities | 6.81M | -36.25M | 28.64M | 24.50M | 80.77M |
| Depreciation | 34.74M | 34.47M | 33.23M | 31.48M | 29.52M |
| Other cashflows from investing activities | 0.16M | 55.07M | 0.13M | 34.77M | 1.51M |
| Change to inventory | -20.13M | -51.27M | 4.00M | -15.65M | -10.00M |
| Change to account receivables | -13.16M | -17.02M | 4.16M | -1.35M | -3.58M |
| Sale purchase of stock | -0.79M | -2.67M | -6.77M | -54.12M | -4.21M |
| Other cashflows from financing activities | 54.23M | 137.67M | 111.53M | 109.45M | 27.91M |
| Change to netincome | 1.45M | -30.53M | -4.31M | -22.48M | 5.31M |
| Capital expenditures | 31.61M | 27.03M | 32.46M | 39.47M | 29.03M |
| Change receivables | -13.16M | -17.02M | 4.16M | -1.35M | -3.58M |
| Cash flows other operating | -4.62M | -5.12M | 1.34M | -8.90M | 2.29M |
| Exchange rate changes | - | - | - | - | -3.86M |
| Cash and cash equivalents changes | -29.07M | 14.67M | 1.27M | -10.05M | 15.09M |
| Change in working capital | -15.87M | -43.59M | 7.67M | -44.79M | -7.90M |
| Stock based compensation | 5.94M | 5.96M | 5.89M | 6.19M | 5.63M |
| Other non cash items | 1.16M | -35.98M | -2.24M | -34.26M | -1.29M |
| Free cash flow | -24.80M | -63.28M | -3.82M | -14.96M | 51.74M |
Sector: Consumer Cyclical Industry: Auto Parts
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SRI Stoneridge Inc |
0.21 4.39% |
4.99 | - | 42.37 | 0.54 | 1.93 | 0.70 | 16.58 |
| ORLY O’Reilly Automotive Inc |
-1.60 1.75% |
89.89 | 27.74 | 23.75 | 3.71 | 206.18 | 4.30 | 19.07 |
| AZO AutoZone Inc |
-92.62 2.80% |
3216.35 | 25.25 | 24.21 | 3.05 | 13.38 | 3.65 | 17.03 |
| SMTOF Sumitomo Electric Industries Ltd |
- -% |
7.95 | 17.90 | 20.41 | 0.01 | 2.40 | 1.31 | 9.00 |
| SMTOY Sumitomo Electric Industries Ltd ADR |
0.46 11.59% |
4.43 | 16.31 | 18.35 | 0.01 | 2.16 | 1.31 | 9.05 |
Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company operates in three segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment offers actuators, sensors, switches, actuators, and connectors that monitor, measure, or activate specific functions within a vehicle. The Electronics segment designs and manufactures driver information systems, camera-based vision systems, connectivity and compliance products, and electronic control units. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment offers electronic control units that regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment designs, manufactures, and sells vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories; in-vehicle audio and infotainment devices; and telematics solutions. It also offers security alarms and convenience applications, such as parking sensors and rearview cameras, audio and infotainment systems, and telematics products. The company provides its products and systems to various original equipment manufacturers and Tier 1 customers, as well as aftermarket distributors and mass merchandisers for use in various vehicle platforms. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.
| Name | Title | Year Born |
|---|---|---|
| Mr. Jonathan B. DeGaynor | CEO, Pres & Director | 1967 |
| Mr. Matthew R. Horvath | CFO & Treasurer | 1986 |
| Mr. Laurent P. Borne | CTO & Chief Strategy Officer | 1975 |
| Ms. Susan C. Benedict | Chief HR Officer and Assistant Gen. Counsel of Labor & Employment | 1966 |
| Mr. James Zizelman | Pres of Control Devices Division | 1961 |
| Mr. Archie Nimmer III | VP of Global Operations | NA |
| Mr. Robert J. Hartman Jr. | Chief Accounting Officer | 1967 |
| Ms. Theresa G. Mitchell | Chief Information Officer | NA |
| Kelly K. Harvey | Director of Investor Relations | NA |
| Samantha Simmerson | Mang. of Global Marketing & Communications | NA |
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