Autoliv, Inc. (NYSE:ALV)

CAPS Rating: 5 out of 5

The Company is a supplier of automotive safety systems with a range of product offerings, including modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, safety electronics etc.

Recs

1
Player Avatar cibient (< 20) Submitted: 2/22/2011 12:03:35 PM : Outperform Start Price: $67.11 ALV Score: -11.83

Magic Formula screener (not Top 50), TMF pick. Recently raised their dividend payout (payout ratio appears to be very sustainable, under 20% of earnings). Along with the payout, debt is being paid down very nicely.Results for ticker 'ALV' (Autoliv):Earnings Yield:   11.4%MFI Return on Capital:   49.1%MagicDiligence Research for 'ALV':No research available.Instant Diligence:The Earnings Yield of 11.4% is High.The MFI Return on Capital of 49.1% is High.Near-term Financial Health appears to be OK. The current ratio is 1.40.Calculations:(for quarter ended 2010-09-28)Market Cap   =   Stock_Price * Shares   =   73.79 * 92.80   =   6847.71Excess Cash   =   Cash - MAX(0; (Current Liabilities - Current Assets + Cash))   =   487.20 - MAX(0; (1911.40 - 2671.50 + 487.20))   =   487.20Enterprise Value   =   Market Cap + Total Debt - Excess Cash   =   6847.71 + 836.20 - 487.20   =   7196.71MFI Invested Capital   =   Total Assets - Goodwill - Intangibles - Current Liabilities + Short Term Debt - Excess Cash   =   5643.60 - 1615.10 - 114.00 - 1911.40 + 156.20 - 487.20   =   1672.10Earnings Yield   =   Operating Earnings / Enterprise Value   =   821.10 / 7196.71   =   0.114 (11.4%)MFI Return on Capital   =   Operating Earnings / MFI Invested Capital   =   821.10 / 1672.10   =   0.491 (49.1%)

Member Avatar cibient (< 20) Submitted: 9/16/2011 11:03:09 AM
Recs: 0

Looking a bit more attractive now:

Results for ticker 'ALV' (Autoliv Inc.):
Earnings Yield:   17.6%
MFI Return on Capital:   47.3%

MagicDiligence Research for 'ALV':

No research available.

Instant Diligence:

The Earnings Yield of 17.6% is Very High.

The MFI Return on Capital of 47.3% is High.

Near-term Financial Health appears to be Very Good. The current ratio is 1.44.

Calculations:

(for quarter ended 2011-06-30)
Market Cap   =   Stock_Price * Shares
   =   53.53 * 94.00
   =   5031.00

Excess Cash   =   Cash - MAX(0; (Current Liabilities - Current Assets + Cash))
   =   559.70 - MAX(0; (2074.70 - 2979.60 + 559.70))
   =   559.70

Enterprise Value   =   Market Cap + Total Debt - Excess Cash
   =   5031.00 + 693.80 - 559.70
   =   5165.10

MFI Invested Capital   =   Total Assets - Goodwill - Intangibles - Current Liabilities + Short Term Debt - Excess Cash
   =   6084.70 - 1624.20 - 112.60 - 2074.70 + 205.90 - 559.70
   =   1919.40

Earnings Yield   =   Operating Earnings / Enterprise Value
   =   907.50 / 5165.10
   =   0.176 (17.6%)

MFI Return on Capital   =   Operating Earnings / MFI Invested Capital
   =   907.50 / 1919.40
   =   0.473 (47.3%)

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