Aptiv Plc (APTV) is undervalued and BorgWarner Inc (BWA) is slightly overvalued.
Against our estimates of intrinsic value, APTV trades at the wider discount: a margin of safety of +31%, against -19% for BWA.
Values as of the 19 Oct 2026 close.
Discounting its cash flows at 9.0% (average of 3 methods) values the shares at $64.02; the price of $44.48 is 31% below that value, and 77% of that value comes from beyond year five.
Leak Score 62/100 on 12 of 12 signals
Discounting its cash flows at 9.2% (average of 3 methods) values the shares at $49.03; the price of $58.23 is 19% above that value, and 75% of that value comes from beyond year five.
Leak Score 40/100 on 12 of 12 signals
| Metric | APTV | BWA |
|---|---|---|
| Verdict | Undervalued | Slightly overvalued |
| Price | $44.48 | $58.23 |
| Intrinsic value | $64.02 | $49.03 |
| Margin of safety | +31% | -19% |
| Leak Score | 62/100 (12/12) | 40/100 (12/12) |
| Market cap | $9.2B | $11.9B |
| Revenue growth, 5 years | 9.3% | 7.1% |
| Operating margin | 9.7% | 10.2% |
| Net margin | 1.2% | 2.9% |
| Return on equity | 2.9% | 7.2% |
| Debt to equity | 0.65 | 0.72 |
| P/E | 42.2x | 29.6x |
| Forward P/E | 6.9x | 9.9x |
| P/B | 1.1x | 2.1x |
| Dividend yield | — | 1.2% |