BorgWarner Inc., together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, and battery heaters. The company provides control modules, friction, and mechanical clutch products for automatic transmissions, torque-management products and rear-wheel drive, all-wheel drive transfer case systems, and coupling systems; and power electronics, such as inverters, onboard chargers, DC/DC converters and combination boxes, rotating electric machines, fully integrated drive modules, and electronic controls. It sells its products to original equipment manufacturers of light vehicles, which comprise passenger cars, sport-utility vehicles, vans, and light trucks; commercial vehicles, including medium-duty and heavy-duty trucks, and buses; and off-highway vehicles, such as agricultural and construction machinery, and marine applications, as well as to tier one vehicle systems suppliers and the aftermarket for light, commercial, and off-highway vehicles. The company was formerly known as Borg-Warner Automotive, Inc. BorgWarner Inc. was incorporated in 1987 and is headquartered in Auburn Hills, Michigan.
EV Transition Leade | BorgWarner strategically positions itself in the growing electric vehicle market, balancing investment with fiscal prudence in its ePropulsion segment |
Financial Resilience | Despite industry challenges, BorgWarner maintains strong margins, raising 2024 guidance to 9.8-10.0% while managing revenue expectations |
Market Dynamics | Explore BorgWarner's navigation of the auto industry's rapid transition, including its exposure to Ford and intense competition in the EV supply chain |
Analyst Perspectives | Barclays Capital maintains an Overweight rating with a $47 price target, reflecting confidence in BorgWarner's strategic direction and market position |
Metrics to compare | BWA | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipBWAPeersSector | |
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P/E Ratio | 17.1x | 7.9x | 10.4x | |
PEG Ratio | −0.38 | −0.04 | 0.02 | |
Price/Book | 1.1x | 0.6x | 1.4x | |
Price / LTM Sales | 0.4x | 0.3x | 0.9x | |
Upside (Analyst Target) | 36.8% | 32.0% | 28.8% | |
Fair Value Upside | Unlock | 38.2% | 10.7% | Unlock |