Aptiv (APTV)
Forward P/E is 7.23x against a peer median of 10.16x, a ratio of 0.71x — below the 0.90x undervalued line — with trailing P/E 42.31x and PEG not reported (shown as n/a on the statistics page). The headline revenue change of -37.1% year over year (PRIMARY, EDGAR) is not used as demand evidence: the quarterly series in the filings runs steady at about $5B for eight quarters and then steps down to about $3.3B in a single quarter — the signature of a business separation taking effect, not an organic demand collapse — so the year-over-year comparison crosses a changed company perimeter and the value-trap downgrade is not applied. Judged on the forward P/E ratio against peers, the price sits well below the peer median: UNDERVALUED. Delivered demand check: the Autos, parts & leisure group's median growth was 5.7% year over year — demand steady across the group; this company's own growth figure is not readable across the separation.
What would change this label: Move to FAIRLY PRICED if the forward P/E rises to about 9.1x or above (0.90x the peer median of 10.16x) at unchanged estimates. Move to OVERVALUED if the forward P/E rises above about 11.7x (1.15x the peer median), or if the first year-over-year revenue comparison on the post-separation perimeter (available once four quarters of continuing-operations filings exist) shows the continuing business shrinking.
Aptiv makes electrical wiring systems and electronic components that connect modern cars. Its shares trade at 7.2 times expected earnings against a peer median of 10.2 times — a wide discount. The headline sales drop reflects a business separation that took effect in the latest quarter rather than customers disappearing, so on the peer test the price looks UNDERVALUED.
Both lines start at 100 on 2020-09-01. Over the full window Aptiv returned -42.12% and the S&P 500 +118.28% (price returns; dividends not reinvested). Worst peak-to-trough fall for Aptiv: -73.1% (2021-11-03 to 2025-04-11). Source: Nasdaq official daily history.
What the label rests on
Forward P/E is 7.23x against a peer median of 10.16x, a ratio of 0.71x — below the 0.90x undervalued line — with trailing P/E 42.31x and PEG not reported (shown as n/a on the statistics page). The headline revenue change of -37.1% year over year (PRIMARY, EDGAR) is not used as demand evidence: the quarterly series in the filings runs steady at about $5B for eight quarters and then steps down to about $3.3B in a single quarter — the signature of a business separation taking effect, not an organic demand collapse — so the year-over-year comparison crosses a changed company perimeter and the value-trap downgrade is not applied. Judged on the forward P/E ratio against peers, the price sits well below the peer median: UNDERVALUED. Delivered demand check: the Autos, parts & leisure group's median growth was 5.7% year over year — demand steady across the group; this company's own growth figure is not readable across the separation. The company’s forward P/E is 7.2× against a peer median of 10.2×. Its own history: UNVERIFIED — no sourced range available. Sector demand read: Delivered demand check: the Autos, parts & leisure group's median latest-quarter revenue growth was 5.7% year over year (SEC filings) — demand steady across the group. This company's own year-over-year figure crosses a business separation in the latest quarter and is not readable as a demand signal. Latest-quarter sales growth was -37.1% versus a year earlier (SEC filings).
| Company | Price (Oct 28, 2026) | Forward P/E | Trailing P/E |
|---|---|---|---|
| Aptiv (APTV) | $43.50 | 7.2× | 42.3× |
| DECK | $79.79 | 10.2× | 10.5× |
| HAS | $120.33 | 18.1× | 17.9× |
| F | $11.77 | 6.7× | — |
| GRMN | $275.00 | 25.8× | 26.4× |
| GM | $80.42 | 5.7× | 19.0× |
| Peer median | 10.2× |
Multiples: stockanalysis.com (SECONDARY, S&P Global data), fetched Oct 28, 2026. Peer set chosen by sector; the median is the middle value of the set. The label and its numbers were recorded in the programme’s label registry on Oct 28, 2026 and will be scored at 6 and 12 months.
Sales, profit and cash
This company does not report a gross-profit line in its SEC facts (normal for banks, payment networks and some health insurers), so profit is shown as net income instead — gross margin is marked UNVERIFIED-absent rather than estimated.
Free cash flow = cash from operations minus spending on plant and equipment, both from the company’s SEC cash-flow statement. Gaps are quarters where that spending line is not separately tagged in the filings — shown as gaps, never estimated.
| Quarter | Sales | Gross margin | Net income | EPS (GAAP, diluted) | Free cash flow |
|---|---|---|---|---|---|
| Q/E Jun 2026 2026-06-30 | $3.3B | — | $248M | 1.17 | $33M |
| Q/E Mar 2026 2026-03-31 | $5.1B | — | $189M | 0.88 | $-362M |
| Q/E Dec 2025 2025-12-31 | $5.2B | 18.7% | $138M | 0.64 | $651M |
| Q/E Sep 2025 2025-09-30 | $5.2B | — | $-355M | -1.63 | $441M |
| Q/E Jun 2025 2025-06-30 | $5.2B | — | $393M | 1.80 | $361M |
| Q/E Mar 2025 2025-03-31 | $4.8B | — | $-11M | -0.05 | $76M |
| Q/E Dec 2024 2024-12-31 | $4.9B | 19.6% | $268M | 1.14 | $894M |
| Q/E Sep 2024 2024-09-30 | $4.9B | — | $363M | 1.48 | $326M |
| Q/E Jun 2024 2024-06-30 | $5.1B | — | $938M | 3.47 | $417M |
| Q/E Mar 2024 2024-03-31 | $4.9B | — | $218M | 0.79 | $-21M |
| Q/E Dec 2023 2023-12-31 | $4.9B | 18.7% | $905M | 3.22 | $421M |
| Q/E Sep 2023 2023-09-30 | $5.1B | — | $1.6B | 5.76 | $534M |
The last twelve reported quarters. Full 24-quarter history sits in the data pack behind this page. A dash means the figure is not tagged as a standalone quarter in the company’s SEC facts (the usual case is the fourth quarter, which many companies only report inside the full-year filing) — it is missing, not zero.
Earnings: getting better or worse?
Each box is one quarter’s earnings per share (EPS). Green means EPS was higher than the same quarter a year earlier; red means lower; a dash means the figure is not tagged in the filings.
Basis: GAAP diluted EPS from SEC company facts, compared with the same quarter a year earlier.
Key facts
| Item | Value |
|---|---|
| Company (legal name in filings) | Aptiv PLC |
| Chief executive | Kevin Clark (source: https://www.morningstar.com/news/business-wire/20261007126365/aptiv-to-release-third-quarter-2026-financial-results-on-november-3) |
| Sector | Consumer Discretionary — Automotive Parts & Equipment — makes wiring, connectors and vehicle electronics for car makers |
| Share price (Oct 28, 2026) | $43.50 |
| Market value (market cap) | $9.1B — share price times shares outstanding of 207,633,331 (SEC filings; SEC EDGAR dei EntityCommonStockSharesOutstanding (latest)) |
| Sales, last twelve months | $18.7B |
| Net income, last twelve months | $220M |
| Free cash flow, last twelve months | $763M |
| Latest reported quarter | Q/E Jun 2026 (of 24 quarters in the data pack) |
| Six-year price return vs S&P 500 | -42.12% vs +118.28% |
| Worst peak-to-trough fall | -73.1% (2021-11-03 to 2025-04-11) |
What we could not verify
- Gross profit / gross margin: not tagged as a standalone line in this company's EDGAR company facts (common for banks, payment networks and some healthcare payers) — shown as UNVERIFIED-absent; the page charts revenue and net income instead.
- Own-history P/E range not yet compiled for this company in the Phase 1 batch run; the label rests on peer-median, growth and PEG evidence.
- PEG was not reported: the statistics page showed the PEG Ratio as n/a, so no PEG test could be applied for this company.
- Year-over-year revenue comparisons cross a business separation effective in the latest quarter (quarterly revenue steps from about $5B to about $3.3B in one quarter after eight steady quarters); demand trend not readable from the headline growth figure.
- Guidance record (each quarter scored against the guidance the company gave the quarter before) is not yet compiled for this company — it is a Phase 2 layer. The earnings strip below therefore uses reported EPS versus a year earlier, which is fully sourced from filings.
The IT factor — the most exciting thing the market is overlooking — is not assessed on an X-Ray page. It belongs to the Deep Dive (Phase 2), where it gets the evidence standard it needs. Leadership-era scoring (the six years split by chief executive) is likewise a Phase 2 layer; this page names the current chief executive only, from a sourced profile.
Sources
- SEC EDGAR submissions — Filing index; company legal name.
https://data.sec.gov/submissions/CIK0001521332.json - SEC EDGAR company facts — Quarterly financial spine: revenue, gross profit, net income, GAAP diluted EPS, operating cash flow, PP&E capex, buybacks, dividends, diluted shares.
https://data.sec.gov/api/xbrl/companyfacts/CIK0001521332.json - Nasdaq official daily history — Daily closes for the company; SPY (assetclass=etf) saved as raw/nasdaq_spy_raw.json over identical dates.
https://api.nasdaq.com/api/quote/APTV/historical?assetclass=stocks - Valuation multiples and peer figures — stockanalysis.com (SECONDARY, S&P Global data), fetched Oct 28, 2026; see valuation_label.md in the data pack.
Conventions: earliest-filed value per period, as first reported; cash-flow years-to-date differenced quarter by quarter; EPS never differenced; free cash flow = operating cash flow minus plant-and-equipment spending. This page is a dated snapshot — updates are new versions, never silent edits.