Business StrategyAptiv announced its intention to spin-off the Electrical Distribution Systems (EDS) business in a tax-free transaction, aiming to address industry trends, better serve customers, and provide value to shareholders.
Growth OpportunitiesNew Aptiv will focus on growth-oriented technologies like software and sensors for EVs, which has a notable focus on non-automotive markets, accounting for over 20% of revenue and growing.
ValuationAPTV's current valuation is at recent historical lows, suggesting an attractive investment opportunity due to the belief that secular growth drivers will re-emerge.