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Meritor, Inc. (MTOR)
Key financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 3,199 | 3,347 | 4,178 | 4,388 | 3,044 | 3,833 | 4,295 |
| Operating profit | $m | 218 | 315 | |||||
| Net profit | $m | 573 | 324 | 117 | 291 | 245 | 199 | 260 |
| EPS reported | $ | 2.73 | 3.64 | |||||
| Operating cashflow per share | $ | 2.71 | 2.71 | |||||
| Capex per share | $ | 1.24 | 1.24 | |||||
| FCF per share | $ | 1.47 | 1.47 | |||||
| Free cash flow | $m | 107 | 27 | |||||
| Net debt | $m | 926 | 1,734 | |||||
| Book value equity | $m | 574 | 696 | |||||
| Book value per share | $ | 7.88 | 9.75 | |||||
| Number of shares | m | 72.8 | 71.4 | |||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 8.26 | - | |||||
| P/B LTM | x | 2.95 | 3.74 | |||||
| P/S LTM | x | 0.44 | 0.61 | |||||
| P/FCF LTM | x | 15.83 | 96.52 | |||||
| EV/EBITDA LTM | x | 6.30 | 8.59 | |||||
| EV/Sales LTM | x | 0.68 | 1.01 | |||||
| Earnings Yield LTM | % | 12.11% | 7.49% | |||||
| FCF Yield | % | 6.32% | 1.04% | |||||
| Quality | ||||||||
| ROE | % | 34.67% | 38.42% | |||||
| ROIC | % | 9.46% | 9.46% | |||||
| Operating margin | % | 5.69% | 5.69% | |||||
| Gross margin | % | 13.18% | 13.18% | |||||
| FCF/Sales | % | 2.79% | 2.79% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -15.74% | +92.20% | |||||
| Sales Growth YoY | % | +25.92% | +17.80% | |||||
| Net Income Growth YoY | % | -18.78% | +88.41% | |||||
| FCF Growth | % | -40.56% | -80.15% | |||||
| Operating Profit Growth | % | -34.34% | +65.79% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | 0.10 | 0.01 | |||||
| Net Debt/EBITDA | x | 2.23 | 2.23 | |||||
| EBIT/Net interest | x | 2.76 | 2.76 | |||||
| Net debt/market cap | % | 54.69% | 66.54% | |||||
| Net debt/Equity | x | 1.61 | 2.49 | |||||
| Gross debt/equity | x | 1.79 | 2.64 | |||||
Company overview
Meritor, Inc. is a global enterprise specializing in the design, development, manufacturing, marketing, distribution, sale, servicing, and support of a diverse array of integrated systems, modules, and components. The company's extensive operations span North America, South America, Europe, and the Asia Pacific region. Its business is segmented into two main divisions: Commercial Truck, and Aftermarket and Industrial. Meritor's comprehensive product portfolio includes a variety of axles, such as front steer and rear drive axles designed for medium and heavy commercial vehicles, in addition to robust heavy-duty trailer axles. They also furnish advanced suspension modules, various brake systems (comprising both drum and disc brakes), universal joints, driveline components, and trailer air suspension systems. Their offerings further extend to transfer cases and drivelines, alongside specialized suspension modules specifically tailored for light-, medium-, and heavy-duty military tactical wheeled vehicles. The company is a key supplier of air braking solutions, providing cam drum, wedge drum, and air disc brakes, as well as wheel-end components like hubs, drums, and rotors, primarily to manufacturers of medium- and heavy-duty commercial vehicles. Venturing into advanced propulsion, Meritor offers electric drive systems that include electric motors and inverters, power electronics, battery packs, electrified accessories, and associated software and controls. These cutting-edge systems are developed for terminal tractors and both medium and heavy-duty trucks and buses. Furthermore, Meritor distributes a selection of supplementary products, encompassing both third-party and private-label items. These consist of brake shoes and friction materials, automatic slack adjusters, yokes and shafts, wheel-end hubs and drums, ABS and stability control systems, shock absorbers, air springs, and additional air brake components. Meritor's products are marketed under well-known brands such as Meritor, Euclid, Trucktechnic, US Gear, AxleTech, and Mach. Their clientele primarily comprises original equipment manufacturers (OEMs), their associated parts marketing operations and dealerships, as well as independent distributors and service garages within the aftermarket sector. The company, initially known as ArvinMeritor, Inc., officially rebranded as Meritor, Inc. in March 2011. Established in 1909, Meritor, Inc. maintains its corporate headquarters in Troy, Michigan.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Meritor, Inc. (MTOR)
Meritor, Inc. is a global enterprise specializing in the design, development, manufacturing, marketing, distribution, sale, servicing, and support of a diverse array of integrated systems, modules, and components. The company's extensive operations span North America, South America, Europe, and the Asia Pacific region. Its business is segmented into two main divisions: Commercial Truck, and Aftermarket and Industrial. Meritor's comprehensive product portfolio includes a variety of axles, such as front steer and rear drive axles designed for medium and heavy commercial vehicles, in addition to robust heavy-duty trailer axles. They also furnish advanced suspension modules, various brake systems (comprising both drum and disc brakes), universal joints, driveline components, and trailer air suspension systems. Their offerings further extend to transfer cases and drivelines, alongside specialized suspension modules specifically tailored for light-, medium-, and heavy-duty military tactical wheeled vehicles. The company is a key supplier of air braking solutions, providing cam drum, wedge drum, and air disc brakes, as well as wheel-end components like hubs, drums, and rotors, primarily to manufacturers of medium- and heavy-duty commercial vehicles. Venturing into advanced propulsion, Meritor offers electric drive systems that include electric motors and inverters, power electronics, battery packs, electrified accessories, and associated software and controls. These cutting-edge systems are developed for terminal tractors and both medium and heavy-duty trucks and buses. Furthermore, Meritor distributes a selection of supplementary products, encompassing both third-party and private-label items. These consist of brake shoes and friction materials, automatic slack adjusters, yokes and shafts, wheel-end hubs and drums, ABS and stability control systems, shock absorbers, air springs, and additional air brake components. Meritor's products are marketed under well-known brands such as Meritor, Euclid, Trucktechnic, US Gear, AxleTech, and Mach. Their clientele primarily comprises original equipment manufacturers (OEMs), their associated parts marketing operations and dealerships, as well as independent distributors and service garages within the aftermarket sector. The company, initially known as ArvinMeritor, Inc., officially rebranded as Meritor, Inc. in March 2011. Established in 1909, Meritor, Inc. maintains its corporate headquarters in Troy, Michigan.
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