LEAR CORPORATION |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 124.7 USD | -1.54% |
|
-4.95% | -11.69% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 8,296 | 9,548 | 10,907 | 7,330 | 8,227 | 7,194 | - | - |
| Enterprise Value (EV) 1 | 9,136 | 10,556 | 12,185 | 8,827 | 9,801 | 8,648 | 8,482 | 8,183 |
| P/E ratio | 10.8 x | 60.7 x | 29.6 x | 22.7 x | 14.6 x | 9.86 x | 7.3 x | 6.05 x |
| Yield | 2.19% | 0.64% | 0.97% | 2.48% | - | 2.44% | 2.47% | 2.44% |
| Capitalization / Revenue | 0.42 x | 0.56 x | 0.57 x | 0.35 x | 0.35 x | 0.3 x | 0.28 x | 0.27 x |
| EV / Revenue | 0.46 x | 0.62 x | 0.63 x | 0.42 x | 0.42 x | 0.35 x | 0.33 x | 0.31 x |
| EV / EBITDA | 5.02 x | 9.15 x | 8.7 x | 6.1 x | 5.68 x | 4.64 x | 4.08 x | 3.49 x |
| EV / FCF | 13.4 x | 50.1 x | 143 x | 23 x | 15.4 x | 12.8 x | 9.97 x | 9.04 x |
| FCF Yield | 7.45% | 2% | 0.7% | 4.34% | 6.51% | 7.84% | 10% | 11.1% |
| Price to Book | 1.91 x | 2.14 x | 2.35 x | 1.57 x | - | 1.4 x | 1.23 x | 1.09 x |
| Nbr of stocks (in thousands) | 60,470 | 60,039 | 59,617 | 59,106 | 58,260 | 56,788 | - | - |
| Reference price 2 | 137.2 | 159.0 | 183.0 | 124.0 | 141.2 | 126.7 | 126.7 | 126.7 |
| Announcement Date | 1/28/20 | 2/4/21 | 2/8/22 | 2/2/23 | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 19,810 | 17,046 | 19,263 | 20,892 | 23,467 | 24,378 | 25,403 | 26,478 |
| EBITDA 1 | 1,819 | 1,153 | 1,400 | 1,447 | 1,724 | 1,862 | 2,080 | 2,343 |
| EBIT 1 | 1,309 | 613.5 | 826 | 870.5 | 1,120 | 1,240 | 1,455 | 1,627 |
| Operating Margin | 6.61% | 3.6% | 4.29% | 4.17% | 4.77% | 5.09% | 5.73% | 6.14% |
| Earnings before Tax (EBT) 1 | 976.8 | 327.8 | 599.3 | 542.4 | 826.5 | 1,038 | 1,264 | 1,674 |
| Net income 1 | 753.6 | 158.5 | 373.9 | 327.7 | 572.5 | 714.6 | 925.9 | 1,137 |
| Net margin | 3.8% | 0.93% | 1.94% | 1.57% | 2.44% | 2.93% | 3.64% | 4.29% |
| EPS 2 | 12.75 | 2.620 | 6.190 | 5.470 | 9.680 | 12.85 | 17.36 | 20.95 |
| Free Cash Flow 1 | 680.4 | 210.8 | 85 | 383.2 | 638.2 | 677.6 | 850.8 | 905.3 |
| FCF margin | 3.43% | 1.24% | 0.44% | 1.83% | 2.72% | 2.78% | 3.35% | 3.42% |
| FCF Conversion (EBITDA) | 37.41% | 18.28% | 6.07% | 26.48% | 37.01% | 36.39% | 40.9% | 38.63% |
| FCF Conversion (Net income) | 90.29% | 133% | 22.73% | 116.94% | 111.48% | 94.82% | 91.89% | 79.64% |
| Dividend per Share 2 | 3.000 | 1.020 | 1.770 | 3.080 | - | 3.096 | 3.127 | 3.096 |
| Announcement Date | 1/28/20 | 2/4/21 | 2/8/22 | 2/2/23 | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,880 | 5,208 | 5,071 | 5,241 | 5,371 | 5,846 | 5,999 | 5,781 | 5,841 | 5,995 | 6,158 | 6,023 | 6,214 | 6,303 | 6,403 |
| EBITDA 1 | 300.9 | 327.1 | 330.1 | 373.9 | 407 | 410.6 | 452 | 419 | 441.8 | 435.1 | 459 | 466.1 | 499.9 | 475.7 | 490.8 |
| EBIT 1 | 158.4 | 183.7 | 187.4 | 234.6 | 264.8 | 263.4 | 301.8 | 267.1 | 287.7 | 279.8 | 304.7 | 312.8 | 344.2 | 326.9 | 355.2 |
| Operating Margin | 3.25% | 3.53% | 3.7% | 4.48% | 4.93% | 4.51% | 5.03% | 4.62% | 4.93% | 4.67% | 4.95% | 5.19% | 5.54% | 5.19% | 5.55% |
| Earnings before Tax (EBT) 1 | 68.2 | 87 | 109.1 | 160.9 | 185.4 | 209 | 228.7 | 199.1 | 189.7 | 167.4 | 274.7 | 263.8 | 290.1 | 296.5 | 340 |
| Net income 1 | 21.5 | 49.4 | 68.5 | 92.3 | 117.5 | 143.6 | 168.7 | 132.9 | 127.3 | 109.6 | 188.8 | 187.5 | 210.9 | 212.3 | 235.3 |
| Net margin | 0.44% | 0.95% | 1.35% | 1.76% | 2.19% | 2.46% | 2.81% | 2.3% | 2.18% | 1.83% | 3.07% | 3.11% | 3.39% | 3.37% | 3.67% |
| EPS 2 | 0.3600 | 0.8200 | 1.140 | 1.540 | 1.970 | 2.410 | 2.840 | 2.250 | 2.180 | 1.900 | 3.349 | 3.422 | 3.820 | 3.800 | 4.233 |
| Dividend per Share 2 | 0.7700 | 0.7700 | 0.7700 | 0.7700 | 0.7700 | 0.7700 | 0.7700 | - | - | - | 0.7743 | 0.7743 | 0.7750 | 0.7700 | 0.7700 |
| Announcement Date | 2/8/22 | 5/3/22 | 8/2/22 | 11/1/22 | 2/2/23 | 4/27/23 | 8/1/23 | 10/26/23 | 2/6/24 | 4/30/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 839 | 1,008 | 1,278 | 1,497 | 1,574 | 1,455 | 1,288 | 989 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.4614 x | 0.8738 x | 0.9127 x | 1.035 x | 0.9128 x | 0.7811 x | 0.6191 x | 0.4221 x |
| Free Cash Flow 1 | 680 | 211 | 85 | 383 | 638 | 678 | 851 | 905 |
| ROE (net income / shareholders' equity) | 17.6% | 7.06% | 10.2% | 10.8% | 14.4% | 16% | 17.7% | 18.5% |
| ROA (Net income/ Total Assets) | 6.16% | 2.49% | 3.61% | 3.85% | 4.99% | 5.63% | 6.83% | 7.97% |
| Assets 1 | 12,224 | 6,365 | 10,346 | 8,503 | 11,469 | 12,693 | 13,560 | 14,260 |
| Book Value Per Share 2 | 72.00 | 74.40 | 77.80 | 79.20 | - | 90.60 | 103.0 | 117.0 |
| Cash Flow per Share 2 | 20.70 | 11.00 | 11.10 | 17.10 | 21.10 | 23.60 | 28.30 | 32.90 |
| Capex 1 | 604 | 452 | 585 | 638 | 627 | 663 | 776 | 816 |
| Capex / Sales | 3.05% | 2.65% | 3.04% | 3.05% | 2.67% | 2.72% | 3.06% | 3.08% |
| Announcement Date | 1/28/20 | 2/4/21 | 2/8/22 | 2/2/23 | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
126.7
USD
Average target price
162.8
USD
Spread / Average Target
+28.52%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -11.04% | 7.19B | |
| +20.17% | 47.67B | |
| -8.98% | 22.23B | |
| +15.03% | 19.08B | |
| +24.63% | 16.45B | |
| -2.95% | 15.16B | |
| -20.57% | 13.29B | |
| -20.02% | 13.26B | |
| +31.86% | 11.8B | |
| +39.00% | 10.96B |
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- LEA Stock
- Financials Lear Corporation
