Présentation de l'entreprise
Cooper-Standard Holdings Inc., operating under the ticker CPS, functions primarily through its subsidiary to manufacture sealing systems and fluid handling systems across North America, Europe, the Asia Pacific, and South America. The company's product portfolio includes specific solutions such as dynamic seals, static seals, encapsulated glass, and obstacle detection sensors, serving the automotive sector. This enterprise is classified within the Consumer Cyclical sector and the Auto Parts industry, positioning it as a supplier of essential components directly correlated with global automotive production cycles. The firm employs approximately 18,000 individuals and maintains a total market capitalization of $547.22 million, while generating annual revenue (TTM) of $2.74 billion. These financial figures indicate a mid-to-large scale operation within the auto parts landscape, where the substantial revenue base suggests significant market penetration despite a market cap that reflects current earnings constraints rather than pure sales volume. The scale of operations, evidenced by the workforce size and geographic reach, underscores the company's established footprint in a competitive global supply chain for vehicle manufacturers.
Santé financière
The company reports a Total Revenue of $2.74 billion for the trailing twelve months, yet records a Net Income of -$4,165,000, revealing a significant divergence between top-line activity and bottom-line profitability. This gap indicates a cost structure where operational expenses and taxes currently outweigh the gross profits generated from sales, resulting in a negative profit margin. Despite the net loss, the firm maintains a robust EBITDA of $201.39 million, suggesting that core operational cash generation remains positive even after accounting for interest and taxes. The Free Cash Flow stands at $62.18 million, which provides the company with financial flexibility to fund operations, repay debt, or pursue strategic initiatives without relying on external equity financing. Three distinct margins illustrate the financial profile: a Gross Margin of 11.9% indicates moderate pricing power or high input costs relative to sales; an Operating Margin of 1.7% reflects tight operational efficiency where administrative and selling expenses consume most of the gross profit; and a Profit Margin of -0.2% confirms the current inability to convert a significant portion of revenue into net earnings. Regarding liquidity and leverage, the company holds $191.70 million in cash against total debt of $1.19 billion, creating a net debt position that suggests a leveraged balance sheet. The debt-to-equity ratio is listed as N/A, likely due to the negative equity resulting from the net loss position, but the high absolute debt level relative to cash reserves warrants attention to refinancing risks. The Current Ratio is 1.30, indicating that current assets exceed current liabilities by a factor of 1.3, which points to adequate short-term liquidity to meet obligations as they come due. Return on Assets is recorded at 3.6%, demonstrating that assets are generating a positive return relative to the asset base, while Return on Equity is N/A because the company's equity is negative, rendering the traditional ROE metric inapplicable for assessing shareholder efficiency in the current period.
Évaluation de la valorisation
Valuation metrics for Cooper-Standard Holdings Inc. present a mixed picture of current pricing relative to historical earnings and book value. The Trailing P/E Ratio is N/A due to the negative net income, while the Forward P/E is 6.91, implying that the market expects a significant turnaround in earnings to justify the current stock price in the future. The Price to Book ratio stands at -6.51, a negative figure that indicates the market values the company well below its net asset value, often a signal of distressed valuations or accounting adjustments related to the negative equity. Alternative valuation metrics provide further context: the Price to Sales ratio is 0.20, suggesting the stock trades at a very low fraction of its revenue, while the EV/EBITDA is 7.63, indicating the enterprise value is roughly 7.6 times its earnings before interest, taxes, depreciation, and amortization. Historical price volatility is framed by a 52-Week High of $47.98 and a 52-Week Low of $10.38, placing the current share price significantly closer to the low end of its trading range. With a Beta of 2.00, the stock exhibits price volatility that is twice as sensitive as the broader market, meaning that for every 1% move in the S&P 500, CPS theoretically moves 2% in the opposite or same direction, amplifying market sentiment.
Growth & Income
The growth dynamics of the company show a Revenue Growth (YoY) of 1.8% and an Earnings Growth (YoY) of -91.9%. This disparity indicates that while sales are expanding modestly, profitability is deteriorating rapidly, as earnings are falling at a much faster rate than revenue. The company does not pay dividends, evidenced by a Dividend Yield of N/A and a Payout Ratio of 0.0%, which means the firm retains all of its earnings rather than distributing them to shareholders. This retention strategy is a necessary response to the current net loss, as the company must reinvest any potential earnings or utilize cash reserves to cover losses and fund operations rather than paying out income. Consequently, the overall growth and income profile is characterized by stable top-line expansion but a severe contraction in profitability, with no immediate income generation for shareholders in the form of dividends.