Adient plc (ADNT) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+372.6%

$82.65

vs $17.49 price

Levered DCF

$108.53

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.02

Grey zone

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-7.1×	112.85×	16.91×	-21.85×	3.52×	-3.35×	-5.27×	-2.11×
P/B	1.13×	0.95×	1.56×	1.27×	1.64×	1.34×	1.16×	1.49×
P/S	0.14×	0.14×	0.23×	0.19×	0.29×	0.13×	0.13×	0.2×
EV / EBITDA	7.85×	5.3×	5.91×	7.07×	3×	35.63×	7.49×	-11.88×
Gross margin	6.6%	6.3%	6.7%	5.7%	6.0%	4.7%	4.8%	5.2%
Operating margin	3.0%	2.9%	3.1%	1.5%	2.1%	0.3%	2.1%	-6.1%
Net margin	-1.9%	0.1%	1.3%	-0.8%	8.1%	-3.8%	-2.5%	-9.7%
Current ratio	1.12×	1.11×	1.15×	1.19×	1.45×	1.17×	1.07×	1.03×
Debt / equity	1.36×	1.13×	1.14×	1.24×	1.56×	3.55×	2.02×	1.43×
Interest coverage	2.14×	2.2×	2.36×	1.11×	1.12×	0.18×	1.74×	-7.38×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	4.4%	1.2%	2.9%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	-14.6%	-6.4%	-6.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-15.9%	0.8%	9.2%	-5.8%	46.6%	-40.1%	-22.1%	-70.4%
Return on invested capital	8.3%	5.6%	8.2%	-2.7%	3.2%	0.6%	-1076.6%	-15.7%
Return on assets	-3.1%	0.2%	2.2%	-1.3%	10.3%	-4.7%	-3.9%	-15.4%
Free cash flow yield	10.2%	13.7%	12.0%	1.8%	0.0%	-4.9%	-7.4%	4.0%
Earnings yield	-14.1%	0.9%	5.9%	-4.6%	28.4%	-29.9%	-19.0%	-47.4%
Enterprise value	$3.4B	$3.5B	$4.9B	$4.3B	$6.1B	$4.2B	$5B	$6.3B
Net debt / EBITDA	3.29×	2.23×	1.72×	2.7×	1.07×	21.97×	4.24×	-5.18×
Cash conversion cycle (days)	-3	-0	2	6	5	2	-2	7