Financial PerformanceValeo's earnings beat was attributed by better-than-expected EBIT margins of 4.0%, vs street’s 3.6%.
Market LeadershipValeo is a global leader in technologies for driver assistance, electrification, lighting, and the interior cabin experience, with a #1 market leadership in automotive cameras and other ADAS components.
ValuationValeo is forecasted to see 2-years EPS CAGR of 91%, above its peers on its anticipated margin recovery, while trading at undemanding valuations at forward PE of 5.8x.