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Upturn AI SWOT - About
STRT 
Strattec Security Corporation (STRT)
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Upturn Advisory Summary
04/01/2025: STRT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -56.63% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 164.72M USD | Price to earnings Ratio 9.85 | 1Y Target Price 50 |
Price to earnings Ratio 9.85 | 1Y Target Price 50 | ||
Volume (30-day avg) 25870 | Beta 1.13 | 52 Weeks Range 21.05 - 53.01 | Updated Date 04/1/2025 |
52 Weeks Range 21.05 - 53.01 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 4.01 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 2.92% | Operating Margin (TTM) 2.51% |
Management Effectiveness
Return on Assets (TTM) 3.49% | Return on Equity (TTM) 7.33% |
Valuation
Trailing PE 9.85 | Forward PE 10.28 | Enterprise Value 135094127 | Price to Sales(TTM) 0.3 |
Enterprise Value 135094127 | Price to Sales(TTM) 0.3 | ||
Enterprise Value to Revenue 0.24 | Enterprise Value to EBITDA 3.71 | Shares Outstanding 4172220 | Shares Floating 3819456 |
Shares Outstanding 4172220 | Shares Floating 3819456 | ||
Percent Insiders 8.26 | Percent Institutions 68.97 |
Analyst Ratings
Rating - | Target Price 45 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Strattec Security Corporation
Company Overview
History and Background
Strattec Security Corporation was founded in 1908 as Briggs & Stratton Automotive Lock Division. It became an independent, publicly traded company in 1995. Strattec has evolved from a key and lock provider to a supplier of advanced access control products for the automotive industry.
Core Business Areas
- Mechanical & Electromechanical Locks & Keys: Design, development, manufacture, and service of mechanical and electromechanical locks, keys, and related access control products for automotive vehicles.
- Electronic Access Control Systems: Development and manufacture of electronic access control systems, including immobilizers, remote keyless entry (RKE) systems, and passive entry passive start (PEPS) systems.
- Related Components: Manufacture of ignition switches, steering column locks, latches, power sliding door systems and other security components for automotive OEMs.
Leadership and Structure
Strattec Security Corporation is led by a board of directors and a management team headed by the CEO. The organizational structure includes departments focused on engineering, manufacturing, sales, finance, and administration.
Top Products and Market Share
Key Offerings
- Ignition Locks: Mechanical and electromechanical ignition locks for various vehicle models. Competitors include WITTE Automotive, Kiekert AG, and U-Shin Ltd. Market share data is difficult to obtain precisely, but Strattec holds a significant portion of the North American market. Revenue from ignition locks is significant, but the exact figure is not publicly disclosed. Competitors: WITTE Automotive, Kiekert AG.
- Remote Keyless Entry (RKE) Systems: Electronic systems allowing remote locking/unlocking and other vehicle functions. Market share data is unavailable. Competitors: Continental AG, Denso Corporation, Alps Alpine Co., Ltd.
- Passive Entry Passive Start (PEPS) Systems: Advanced electronic systems enabling keyless vehicle access and starting. Competitors: Continental AG, Denso Corporation, Alps Alpine Co., Ltd. Market share data is unavailable.
Market Dynamics
Industry Overview
The automotive access control market is driven by factors like vehicle production, increasing demand for advanced security features, and growing adoption of keyless entry systems. The industry is evolving towards more sophisticated electronic solutions.
Positioning
Strattec holds a strong position in the North American automotive access control market, particularly as a supplier to major automotive OEMs. Its competitive advantage lies in its established relationships, engineering expertise, and manufacturing capabilities.
Total Addressable Market (TAM)
The global automotive access control market is estimated to be several billion USD annually, with projections for continued growth. Strattec is positioned to capture a portion of this TAM, primarily in North America.
Upturn SWOT Analysis
Strengths
- Strong relationships with major automotive OEMs
- Engineering expertise in mechanical and electronic access control systems
- Manufacturing capabilities and capacity
- Focus on innovation and development of advanced security features
- Established presence in the North American market
Weaknesses
- Dependence on the automotive industry and OEM production volumes
- Exposure to commodity price fluctuations
- Potential for obsolescence of mechanical access control technologies
- Limited geographic diversification (primarily North America)
Opportunities
- Expansion into new geographic markets (e.g., Asia, Europe)
- Development of new electronic access control technologies
- Increased adoption of keyless entry and remote control systems
- Growth in the electric vehicle market
Threats
- Economic downturns and reduced automotive production
- Increased competition from other automotive suppliers
- Technological disruptions and the emergence of new access control methods
- Cybersecurity threats to electronic access control systems
Competitors and Market Share
Key Competitors
- ALPS (ALPSQ)
- Tokai Rika (TKARY)
- Continental AG (CTTAY)
- Denso (DNZOY)
Competitive Landscape
Strattec's competitive advantage lies in its strong relationships with North American OEMs and its engineering expertise. However, it faces competition from larger, more diversified automotive suppliers like Continental and Denso.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Analyzing Strattec Security Corporation's historical growth requires reviewing the company's past financial performance and identifying trends in revenue, profitability, and market share.
Future Projections: Future growth projections are typically based on analyst estimates, industry forecasts, and the company's own guidance. These estimates are influenced by factors like economic conditions, automotive production volumes, and the adoption of new technologies.
Recent Initiatives: Recent strategic initiatives may include investments in new product development, expansions into new markets, acquisitions, or partnerships. These initiatives can impact the company's future growth prospects.
Summary
Strattec Security Corporation has a solid position in the North American automotive security market, particularly with established OEM relationships. Their engineering proficiency in both mechanical and electronic access systems is a strength. However, reliance on the automotive sector and limited geographical diversification present challenges. Successfully capitalizing on electronic vehicle growth and potentially expanding into new markets will be essential for future success.
Similar Companies
- ALPSQ
- TKARY
- CTTAY
- DNZOY
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Industry Reports
- Financial News Outlets
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market share estimates are approximate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Strattec Security Corporation
Exchange NASDAQ | Headquaters Milwaukee, WI, United States | ||
IPO Launch date 1995-05-24 | CEO, President & Director Ms. Jennifer L. Slater | ||
Sector Consumer Cyclical | Industry Auto Parts | Full time employees 3365 | Website https://www.strattec.com |
Full time employees 3365 | Website https://www.strattec.com | ||
Strattec Security Corporation designs, develops, manufactures, and markets automotive security, access control, and user interface controls products and solutions under the VAST Automotive Group brand primarily in North America. The company provides mechanical and electronically enhanced locks and keys, passive entry passive start systems, phone as a key systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, steering wheel switches and controller, E-shifters, paddle switches, and related products. It also offers full service and aftermarket support services for its products. The company markets its products to automotive and light truck original equipment manufacturers, as well as other transportation-related manufacturers; and through wholesale distributors, other marketers, and users of component parts, as well as certain products to non-automotive commercial customers. It also exports its products to Europe, Asia, and South America. Strattec Security Corporation was founded in 1908 and is headquartered in Milwaukee, Wisconsin.
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