Nexteer Automotive Group Ltd

Chart & Performance

D1W1MN

P/E

29.47

P/S

0.26

EPS

0.01

Div Yield, %

0.14%

Shrs. gr., 5y

—

Rev. gr., 5y

1.46%

Revenues

4.21b

+9.56%

Net income

37m

-36.67%

CFO

404m

+37.57%

Dividend

Jun 21, 20240.0233 HKD/sh

Earnings

Jun 19, 2025

Profile

Nexteer Automotive Group Limited, an investment holding company, designs, develops, manufactures, and distributes steering and driveline systems and components for automobile manufacturers and other automotive-related companies. It offers electric power steering (EPS) products, such as column, pinion, and rack assist, as well as dual pinion EPS; EPS remanufacturing products, intermediate shafts, and modular power packs; and hydraulic power steering products, such as magnetic torque overlay, smart flow pumps, power steering pumps and reservoirs, rack and pinion steering gears, and recirculating ball steering gears, as well as aftermarket products. The company also provides steering columns, including power tilts and telescopes, power rakes and telescopes, one-touch adjustable columns, manual rakes and telescopes, non-adjustable columns, intermediate shafts, transmission shifters, and stowable steering column, as well as electronics, modules, and sub-assemblies. In addition, it offers driveline products comprising front and rear wheel half shafts, intermediate drive shafts, and propeller shaft constant velocity joints. Further, the company provides advanced driver assistance systems and automated driving technologies, which include steer by wire, steering on demand system, quiet wheel steering, magnetic torque overlay, and high availability EPS for resilient operational availability, as well as offers customer support and engineering center services. It operates in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. The company was founded in 1906 and is headquartered in Auburn Hills, Michigan. Nexteer Automotive Group Limited is a subsidiary of Nexteer Automotive (Hong Kong) Holdings Limited.

URL

https://www.nexteer.com

IPO date

Oct 07, 2013

Employees

13,000

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	4,206,793 9.56%	3,839,703 14.32%	3,358,725 10.77%
Cost of revenue	4,143,709	3,889,459	3,365,946
Unusual Expense (Income)
NOPBT	63,084	(49,756)	(7,221)
NOPBT Margin	1.50%
Operating Taxes	19,052	26,434	12,390
Tax Rate	30.20%
NOPAT	44,032	(76,190)	(19,611)
Net income	36,737 -36.67%	58,013 -51.02%	118,440 1.43%
Dividends	(11,796)	(23,843)	(23,581)
Dividend yield	0.10%	0.19%	0.10%
Proceeds from repurchase of equity			322,351
BB yield			-1.33%
Debt
Debt current	28,310	12,495	96,793
Long-term debt	123,370	110,709	112,334
Deferred revenue		104,613	86,737
Other long-term liabilities	232,637	(123,557)	98,333
Net debt	(178,501)	(146,125)	(140,293)
Cash flow
Cash from operating activities	404,124	293,756	287,383
CAPEX	(171,950)	(120,343)	(141,601)
Cash from investing activities	(299,148)	(263,474)	(285,664)
Cash from financing activities	(38,399)	(85,180)	(215,448)
FCF	64,889	(101,089)	(96,391)
Balance
Cash	311,741	245,934	326,516
Long term investments	18,440	23,395	22,904
Excess cash	119,841	77,344	181,484
Stockholders' equity	2,048,589	2,001,512	2,000,947
Invested Capital	2,224,032	2,212,119	2,139,207
ROIC	1.99%
ROCE	2.69%
EV
Common stock shares outstanding	2,509,824	2,509,883	2,511,531
Price	4.91 -3.91%	5.11 -47.21%	9.68 14.83%
Market cap	12,323,236 -3.92%	12,825,502 -47.25%	24,311,620 15.00%
EV	12,210,634	12,747,064	24,219,287
EBITDA	354,982	98,328	140,238
EV/EBITDA	34.40	129.64	172.70
Interest	1,354	1,605	3,325
Interest/NOPBT	2.15%