ALV

Autoliv

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Consumer Cyclical

industry

Auto Parts

Exchange

NYSE

County of HQ

Israel

Next Earnings Date

04/17/26

Business Summary

DOX operates as a large-scale software infrastructure provider, embedding its platforms into core operational systems where switching costs are high and integrations are complex. The business generates cash through long-term enterprise relationships that likely produce recurring and high-visibility revenue streams, supported by its 16.40% operating margin profile. Its moat is rooted in operational entrenchment: once integrated into mission-critical environments, replacement risk declines due to cost, risk, and disruption factors. Over time, this allows the company to convert revenue into durable free cash flow, supporting dividends, reinvestment, and balance sheet stability.

VALUATION

P/E

11.5

Market Cap ($M USD)

$8,245

Forward P/E

9.3

PEG

1.1

PRICE TO SALES

0.8

PRICE TO BOOK

3.2

EV / EBITDA

6.7

5-Year Average P/E

DIVIDEND

Yield

3.00%

Annual Payout

$3.29

Payout Ratio

32.50%

Consecutive Years of Dividend Growth

5

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

$9.59

Next Year EPS Growth Estimate

$11.88

Next Year Revenue Growth Estimate

3.20%

Return on Equity (ROE)

28.60%

Operating Margin

10.10%

Debt-to-Equity

0.9

Piotroski F-Score

7

Altman Z-Score

2.9

Return on Invested Capital (ROIC)

17.40%%

Current Ratio

1.1

Quick Ratio

Gainseekers Quantitative Analysis

Summary

At 12.2x earnings and just 7.8x forward earnings, DOX is trading like a no-growth utility despite operating in Software – Infrastructure with a 16.40% operating margin and 13.90% ROIC. A PEG Forward of 0.9 implies the market is pricing growth conservatively, bordering on disbelief, while an Altman Z-Score of 4.2 signals strong balance sheet safety and minimal bankruptcy risk. This combination—low forward multiple, solid profitability, and high financial stability—suggests the market is discounting either cyclical earnings pressure or structural stagnation; if earnings stabilize, the stock is statistically cheap relative to its risk profile.

AI Exposure / Tech Reliance

Operating in Software – Infrastructure, DOX sits in a segment that underpins digital transformation, where modernization cycles and AI integration typically require scalable backend systems. With a 16.40% operating margin, it demonstrates the economic resilience typical of enterprise software platforms that can adapt features without proportionally increasing costs. Its positioning allows it to embed into mission-critical systems, which historically provides insulation during tech transitions.

The Bull Case

A value or GARP investor buys DOX because the numbers scream “cash-generative and mispriced.” A 13.90% ROIC comfortably exceeds typical cost of capital assumptions, while a Piotroski F-Score of 6 indicates fundamentally stable operations without acute financial deterioration. The 16.40% operating margin paired with a modest 18.00% Debt/Equity ratio reflects disciplined capital structure management, and 95.50% institutional ownership signals that sophisticated capital already validates the model. Add in a 7.8 forward P/E and 0.9 forward PEG, and you have a business generating double-digit returns on capital priced as if growth is permanently impaired.

The Bear Case

The bear case starts with growth skepticism: EPS is 7.9 while EPS Next Year (Est.) is $5.20, implying a potential earnings contraction that justifies a discounted forward multiple. Return on Equity at 3.50% is strikingly low relative to the 13.90% ROIC, raising questions about capital efficiency at the shareholder level. A Short % of Float at 9.60% shows a meaningful minority betting against the stock, and a Current Ratio of 1.1 leaves limited short-term liquidity cushion. Even with a PEG Forward of 0.9, if earnings compression materializes or margins weaken, the low multiple could be a value trap rather than an opportunity.

Market Sentiment & Smart Money

Short Interest %

4.90%

Analyst Consensus

1.83

Average Analyst Price Target

$130.91

Institutional Ownership %

74.00%

1-Year Beta

0.95

Insider Buying % (6 Mo)

0.30%%

Distance to 52-Week High

84.60%%

Distance to 52-Week Low

141.00%%