Professional
Added to YB: 2024-11-26
Pitch date: 2024-11-08
ADNT [bullish]
Adient plc
-8.78%
current return
Author Info
No bio for this author
Company Info
Adient plc engages in the design, development, manufacture, and market of seating systems and components for passenger cars, commercial vehicles, and light trucks.
Market Cap
$1.6B
Pitch Price
$20.62
Price Target
68.00 (+262%)
Dividend
N/A
EV/EBITDA
4.16
P/E
-5.91
EV/Sales
0.24
Sector
Automobile Components
Category
turnaround
Adient plc: Cost-Control Efforts Shine in Final Quarter of Fiscal 2024
ADNT: Strong Q4 despite headwinds; cost control efforts shine. FY24 adj EBITDA margin up 30bps to 6.6%. China revenue +5% on new wins. FCF positive $277M. Buybacks continue. Seating leader with 33% global share. Moat from intangibles, switching costs, cost advantage. FVE $68. Turnaround progressing, upside potential.
Read full article (14 min)