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Nexteer Automotive Group - Stock

Nexteer Automotive Group P/E 2024

Nexteer Automotive Group P/E

10.28

Ticker

1316.HK

ISIN

KYG6501M1050

WKN

A1W6CU

As of Jun 20, 2024, Nexteer Automotive Group's P/E ratio was 10.28, a -67.09% change from the 31.24 P/E ratio recorded in the previous year.

The Nexteer Automotive Group P/E history

Nexteer Automotive Group Aktienanalyse

What does Nexteer Automotive Group do?

Nexteer Automotive Group Ltd is a multinational company based in Auburn Hills, Michigan. The company was founded in 2010 but has a long history as a supplier to the automotive industry. As a well-known manufacturer of steering systems and drivetrains, the company employs over 14,000 people worldwide and has production facilities in more than 20 countries. The business model of Nexteer Automotive Group Ltd is based on providing innovation in steering and drivetrain technology to meet the needs of automotive manufacturers. The company continuously invests in research and development to introduce the latest technologies and meet customer requirements. This includes the development of steering systems that encompass both assistive and active functions. Through its various business divisions, the company offers a wide range of products and services, including control systems for steering and drivetrain, electric power steering, drivetrains, hydraulic systems, and more. These products are sold to automotive manufacturers worldwide and often contribute to improving vehicle efficiency and safety. Nexteer Automotive Group Ltd is divided into three main divisions: Electric Drive Systems, Steering Systems, and Drivetrains. Nexteer's electric drive systems are part of its efforts to support the transition from traditional combustion engines to electric vehicles. The company offers a range of drive systems tailored to different vehicle types or can be retrofitted in existing ones already on the market. Nexteer's steering systems are another core area of the company. They cover a wide range of applications, both for passenger cars and commercial vehicles. These include rack and pinion steering, hydraulic steering systems, electric controls, and steering systems with integrated assistive functions. These systems improve driving safety and facilitate driving, especially on long and demanding routes. Finally, the company also specializes in drivetrains. Nexteer develops and manufactures a range of drivetrains for various vehicles. These include all types of drives, including front and rear axle drives, all-wheel drives, and hybrid drives. Nexteer's drivetrains are designed for high performance and efficiency, providing a smooth driving experience. Overall, Nexteer Automotive Group Ltd is an important part of the global automotive industry. The company was founded with powerful innovations and modern technology and has since become a key strategic partner for automotive manufacturers worldwide. With a focus on efficiency and safety, the company will continue to play an important role in the industry in the future. Nexteer Automotive Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Nexteer Automotive Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Nexteer Automotive Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Nexteer Automotive Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Nexteer Automotive Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Nexteer Automotive Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Nexteer Automotive Group Stock

What is the price-to-earnings ratio of Nexteer Automotive Group?

The price-earnings ratio of Nexteer Automotive Group is currently 10.28.

How has the price-earnings ratio of Nexteer Automotive Group changed compared to last year?

The price-to-earnings ratio of Nexteer Automotive Group has increased by -67.09% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Nexteer Automotive Group high compared to other companies?

Yes, the price-to-earnings ratio of Nexteer Automotive Group is high compared to other companies.

How does an increase in the price-earnings ratio of Nexteer Automotive Group affect the company?

An increase in the price-earnings ratio of Nexteer Automotive Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Nexteer Automotive Group affect the company?

A decrease in the price-earnings ratio of Nexteer Automotive Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Nexteer Automotive Group?

Some factors that influence the price-earnings ratio of Nexteer Automotive Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Nexteer Automotive Group pay?

Over the past 12 months, Nexteer Automotive Group paid a dividend of 0.04 USD . This corresponds to a dividend yield of about 6.87 %. For the coming 12 months, Nexteer Automotive Group is expected to pay a dividend of 0.03 USD.

What is the dividend yield of Nexteer Automotive Group?

The current dividend yield of Nexteer Automotive Group is 6.87 %.

When does Nexteer Automotive Group pay dividends?

Nexteer Automotive Group pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Nexteer Automotive Group?

Nexteer Automotive Group paid dividends every year for the past 15 years.

What is the dividend of Nexteer Automotive Group?

For the upcoming 12 months, dividends amounting to 0.03 USD are expected. This corresponds to a dividend yield of 6.44 %.

In which sector is Nexteer Automotive Group located?

Nexteer Automotive Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Nexteer Automotive Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Nexteer Automotive Group from 7/9/2024 amounting to 0.003 USD, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.

When did Nexteer Automotive Group pay the last dividend?

The last dividend was paid out on 7/9/2024.

What was the dividend of Nexteer Automotive Group in the year 2023?

In the year 2023, Nexteer Automotive Group distributed 0.074 USD as dividends.

In which currency does Nexteer Automotive Group pay out the dividend?

The dividends of Nexteer Automotive Group are distributed in USD.

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Andere Kennzahlen von Nexteer Automotive Group

Our stock analysis for Nexteer Automotive Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Nexteer Automotive Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.