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Stellantis N.V. (STLA)

NYSE - NYSE Delayed Price. Currency in USD
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15.08+0.09 (+0.60%)
At close: 04:00PM EDT
15.10 +0.02 (+0.17%)
After hours: 07:56PM EDT

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  • D
    Daniel
    Whatever type of investment you decide to get into, I think the key message here or for me rather is to start investing no matter how small. when you invest you are buying a day that you don't have to work anymore.... I pray everyone seeing and reading doesn't end in shame, wish you all luck and success in all you do
  • I
    IBD
    Dodge New Charger Daytona SRT EV is the most exciting EV on the market and a win for STLA !!!!
  • s
    selgreco
    Anyone have color on timing/size of the next dividend?
  • M
    Mike
    Why?
  • M
    Mike
    Why?
  • M
    Mark
    i cant understand why fords share price is higher than stellantis
  • S
    Siro
    Stellantis CEO answer to the analyst question relating to Stellantis stock price significant undervaluation:
    'Your second question is really a great one. I think that what your question is demonstrating, first, is that there is a significant opportunity for investors to consider the fact that currently Stellantis is very cheap, and that is absolutely correct. Given what we have in our plan, given our execution capability, given our focus, given the support that we have from our employees to this merger, which is a very strong bottom-up support, it is fair to say that our market -- market cap is very cheap and that our stock is very cheap. So for investors that would be willing to invest in a all-weather company that has demonstrated the strong resilience, that is now demonstrating its strong competitiveness on the electrification path, there is indeed a big opportunity.As you know, we used to make the difference with a transparent strategy that we present to you. We used to make the difference in the execution. That's where we make the difference. And our team has been demonstrating a stronger efficiency and effectiveness especially in turmoil. The more challenging the conditions are, the better we express a competitive execution capability compared to our peers.So at the end of the day, then it's up to you. You believe or you don't believe, you want to invest or you don't want to invest. What we can offer is what we can do. What we can offer is more agility, more focus, more execution capability with a sound strategy that is now delivering results. It's true that there is a big opportunity now because the stock is very cheap, and therefore, there is upside.As you know, we are not very good at making predictions, but we are reasonably okay to extract from the market conditions the best that anybody could extract for the market, and I think the H1 results are demonstrating exactly that. The fact that in a very volatile environment on pricing, on raw materials, on semiconductors, on energy, you name it. We are extracting from the market possibly one of the best values that we can imagine. With north of EUR1 billion of positive free cash flow and north of 14% of AOI margin, this is a quite unique combination in the automotive industry right now. And the numbers are there, and you know the numbers better than I do.That's what I can answer to you. Hopefully, you will not be the only one to believe that there is opportunity, but hopefully, you will be one of them. Thank you. Thank you for your great question. Let's move on'
  • M
    Mark
    strong preopen -should be in 16-17 soon
  • B
    Balding Man
    anyone know about peugot quality? I've read it's supposed to be pretty decent. How does it compare to toyota? I'm assuming a peugot level of quality would be in the works for the FCA brands in the future?
  • i
    imzy & Bree
    Ford (F) Yes to dividend yes to union yes to America Tesla Musk (tsla) No to dividend No to Union No to America
  • M
    Mike
    very nice
  • S
    Siro
    Bsaically 3 times Ford's EBIT, 20 times NFP, and 20% less market cap. Draw your conclusions

    UPDATE 2-Stellantis posts record H1 results despite rising costs, chip headwinds
    28/07/2022 09:18 RSF
    * Net revenue up 17% in H1 to 88 bln euros
    * Adjusted EBIT rose 44% to 12.4 bln euros, above forecast
    * H1 group's adjusted EBIT margin at 14.1%
    * Co generated 5.3 bln euro cash in H1

    (Adds details)
    MILAN, July 28 (Reuters) - Strong pricing power and sales of high margin vehicles including electrified ones helped Stellantis (STLA.MI) post record results in the first half of the year despite headwinds from energy and raw material inflation and semiconductor scarcity.

    "We are ahead of Tesla in Europe in electric vehicle sales, and not far from Volkswagen," Chief Financial Officer Richard Palmer said on Thursday presenting results, which saw a 44% operating income rise in the January-June period, on a pro-forma basis.

    The world's fourth largest carmaker said its adjusted earnings before interest and tax (EBIT) amounted to 12.4 billion euros ($12.7 billion) in the first half, topping analyst expectations of 9.42 billion euros in a Reuters poll.

    Net pricing accounted for over 5.8 billion euros of the overall operating income in the first half, Stellantis said in slides prepared for its earnings presentation.

    Milan-listed shares were up 3.2% at the opening for Stellantis, the company formed at the beginning of 2021 through the merger of Fiat Chrysler and Peugeot maker PSA.

    Palmer said that the group, though its range of premium vehicles, was well placed to cope with the global rise in inflation.

    "We will look to pass rising inflation costs to customers on the market until feasible," he said.
    The margin on adjusted EBIT rose to 14.1% from 11.4% a year earlier, with a double-digit result for all of the group's five regions and a record 18.1% in North America, where Stellantis made almost half of its sales in the six months.

    Palmer however remained cautious regarding a solution to the semiconductor shortage affecting the sector, saying the issue will persist for the rest of this year.

    "We see some improvements quarter by quarter, but it's a slow process," he said.

    Stellantis confirmed its full-year forecasts for a double digit operating income margin and for a positive cash flow.

    Going into the second half of the year, Palmer said he saw "quite flat" volumes in Europe and North America but did not see significant drops, even in the event of global recession.

    "We're moving from already low, after-COVID volumes," he said.

    ($1 = 0.9784 euros)
  • S
    Siro
    Let us recap H1 main figures
    - Eur 12.7B EBIT
    - Eur 8B net income
    - Eur 22B NFP
    - No expected deterioration H2 economic performance, expected improvement in the NFP
    Assuming Eur 16B net income and at least Eur 25B in NFP, by applying a VERY CONSERVATIVED PE of 5 (we should consider PE of 10 for this kind of business) we would have Eur 80B + 25B NFP = Eur 115B market cap, which divided by 3.13B share gives Eur 36/share . I really do not see how the 1 year PT could be less than that.
    If I had to apply a normal PE of 10 I would have Eur 160B + Eur 25B NFP = Eur 185B/3.13B shares = Eur 59/share.
  • M
    Mena
    Very strong earnings!
  • M
    Mena
    When is the earnings tomorrow? Before market or after?
  • B
    Balding Man
    Link to financial statement

    https://www.stellantis.com/content/dam/stellantis-corporate/investors/events-and-presentations/presentations/Stellantis_H1_22_Results_Presentation.pdf

    net industrial financial position increased from 19.09 billion to 22.05 billion Euros

    net financial position increased from 17.6 billion to 20.316 billion Euros (hence EV is roughly $43.77 bil - $20.78 (20.316 bil euros to dollars) = 22.99 billion USD

    Industrial Net Financial Position is calculated as Debt plus derivative financial liabilities related to industrial activities less: cash and cash equivalents; financial securities that are considered liquid; current financial receivables from the Company or its jointly controlled financial services entities; and derivative financial assets and collateral deposits. Therefore, debt, cash and cash equivalents and other financial assets/liabilities pertaining to Stellantis’ financial services entities are excluded from the
    computation of Industrial Net Financial Position. Industrial Net Financial Position includes the Industrial Net Financial Position Classified as Held for Sale.
  • S
    Siro
    With double digit revenue growth in Q1 2022 vs Q1 2021, I really do not see how how H1 2022revenue and earnings could be lower than H1 2021. If so, considering $19B net financial position, the stock is basically trading at 2022 PE of 1 In thirty years of investing I have never seen such a low valuation in a company which is one of the automotive powerhouses and which is becoming more and more of BEV producer. Once in a lifetime opportunity here IMHO
  • S
    Scout
    wow.. only $18 bln in EV Enterprise Value.... private equity must be looking at STLA... take them private
  • B
    Becaptive
    STLA NA (Jeep/RAM) yields a Telsa-esque margin. Surreal.
  • S
    Siro
    The good thing is that the Italian financial market is so inefficient that prices in the US at open are always very cheap and give a good opportunity to buy at very low prices. Good time to accumulate