Garrett Motion Inc Stock Research

Market Summary

USD7.12+0.16

Delayed

2.30%

GTX Stock Price

GTX RSI Chart

GTX Valuation

Market Cap

461.6M

Price/Earnings (Trailing)

1.18

Price/Sales (Trailing)

0.13

EV/EBITDA

0.33

Price/Free Cashflow

1.63

GTX Price/Sales (Trailing)

GTX Profitability

EBT Margin

13.77%

Return on Equity

-51.56%

Return on Assets

14.79%

Free Cashflow Yield

61.52%

GTX Fundamentals

GTX Revenue

Revenue (TTM)

3.6B

Revenue Y/Y

4.18%

Revenue Q/Q

-4.97%

GTX Earnings

Earnings (TTM)

390.0M

Earnings Y/Y

-12.5%

Earnings Q/Q

6.67%

Price Action

52 Week Range

5.578.65

(Low)(High)

Last 7 days

0.7%

Last 30 days

-10.4%

Last 90 days

-9.3%

Trailing 12 Months

-1.7%

GTX Financial Health

Current Ratio

1.04

Debt/Equity

-1.68

Debt/Cashflow

0.22

GTX Investor Care

Shares Dilution (1Y)

0.41%

Diluted EPS (TTM)

0.74

Peers (Alternatives to Garrett Motion)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	602.5B	81.5B	-5.20%	-43.66%	47.98	7.4	51.35%	127.50%
GM	48.8B	156.7B	-17.56%	-23.65%	4.91	0.31	23.41%	-0.85%
APTV	29.0B	17.5B	-7.68%	-9.77%	48.89	1.66	11.98%	0.68%
BWA	11.1B	15.8B	-4.74%	23.53%	11.75	0.7	6.49%	75.79%
MID-CAP
LEA	8.2B	20.9B	-3.83%	-3.36%	25.07	0.39	8.45%	-12.36%
ALV	7.7B	8.8B	-1.32%	18.04%	18.19	0.87	7.44%	-2.76%
GNTX	6.3B	1.9B	-5.37%	-6.37%	19.67	3.27	10.85%	-11.65%
ADNT	3.6B	14.3B	-13.47%	1.94%	-66.93	0.25	7.72%	-105.97%
LCII	2.7B	5.2B	-7.05%	-6.18%	6.73	0.51	16.42%	37.27%
SMALL-CAP
TEN	1.7B	18.6B	8.17%	58.15%	-7.03	0.09	1.85%	-200.42%
AXL	843.5M	5.8B	-16.55%	-8.91%	13.12	0.15	12.52%	989.83%
SRI	485.0M	899.9M	-23.34%	-1.77%	-23.72	0.54	16.80%	-255.49%
GTX	461.6M	3.6B	-10.44%	-1.66%	1.18	0.13	-0.83%	-21.21%
CPS	226.2M	2.5B	-16.22%	29.61%	-1.05	0.09	8.38%	33.28%

Financials for Garrett Motion

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	1.0%	3,603	3,567	3,461	3,537	3,633
Gross Profit	0.9%	683	677	662	686	707
S&GA Expenses	0.9%	216	214	217	214	216
EBITDA	6.8%	662	620	589	930	-
EBITDA Margin	5.7%	0.18*	0.17*	0.17*	0.26*	-
Earnings Before Taxes	10.2%	496	450	410	744	538
EBT Margin	9.1%	0.14*	0.13*	0.12*	0.21*	-
Interest Expenses	-2.4%	82.00	84.00	91.00	95.00	93.00
Net Income	-3.9%	390	406	364	688	495
Net Income Margin	-4.9%	0.11*	0.11*	0.11*	0.19*	-
Free Cahsflow	-4.7%	284	298	174	-352	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	1.3%	2,637	2,603	2,462	2,688	2,706
Current Assets	4.4%	1,431	1,371	1,257	1,480	1,511
Cash Equivalents	54.7%	246	159	146	315	423
Inventory	-4.6%	270	283	284	301	244
Net PPE	12.2%	470	419	443	469	485
Goodwill	0%	193	193	193	193	193
Liabilities	1.8%	2,753	2,705	2,693	3,045	3,174
Current Liabilities	2.7%	1,375	1,339	1,273	1,380	1,508
Long Term Debt	-	1,188	-	-	-	-
LT Debt, Current	0%	7.00	7.00	7.00	7.00	7.00
LT Debt, Non Current	3.6%	1,148	1,108	1,139	1,166	1,181
Retained Earnings	4.5%	-1,485	-1,555	-1,618	-1,703	-1,790
Additional Paid-In Capital	0.2%	1,333	1,331	1,329	1,327	1,326
Accumulated Depreciation	-	969	-	-	-	-
Shares Outstanding	0.0%	65.00	65.00	65.00	65.00	65.00

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	0.3%	375	374	258	-269	-310
Share Based Compensation	10.0%	11.00	10.00	9.00	7.00	7.00
Cashflow From Investing	-19.7%	-91.00	-76.00	-84.00	-83.00	-71.00
Cashflow From Financing	26.9%	-482	-659	-613	44.00	139
Dividend Payments	Infinity%	83.00	0.00	0.00	-	-
Buy Backs	12.5%	6.00	5.00	4.00	3.00	-

Risks for GTX

What is the probability of a big loss on GTX?

87.9%

Probability that Garrett Motion stock will be more than 20% underwater in next one year

2.0%

Probability that Garrett Motion stock will be more than 30% underwater in next one year.

Probability that Garrett Motion stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GTX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Garrett Motion was unfortunately bought at previous high price.

Drawdowns

Returns for GTX

Cumulative Returns on GTX

Which funds bought or sold GTX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-06	Rockefeller Capital Management L.P.	reduced	-0.72	2,000	5,000	-%
2023-03-01	B. Riley Financial, Inc.	reduced	-33.18	-58,000	261,000	0.06%
2023-02-21	DGS Capital Management, LLC	sold off	-100	-65,676	-	-%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	reduced	-5.41	528	2,528	-%
2023-02-16	IMA Wealth, Inc.	unchanged	-	99.00	99.00	-%
2023-02-16	GHP Investment Advisors, Inc.	unchanged	-	7,506	28,506	-%
2023-02-16	HARBOUR INVESTMENTS, INC.	added	69.67	1,945	3,945	-%
2023-02-15	McIlrath & Eck, LLC	unchanged	-	53.00	53.00	-%
2023-02-15	GAMCO INVESTORS, INC. ET AL	reduced	-1.33	983,283	3,955,280	0.04%
2023-02-15	JANE STREET GROUP, LLC	added	15.06	40,149	113,149	-%

Latest Funds Activity

Are funds buying GTX calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own GTX

No. of Funds

Garrett Motion News

Schedule 13G FIlings of Garrett Motion

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2022	newtyn management, llc	2.4%	1,571,451	SC 13G/A
Dec 14, 2021	baupost group llc/ma	32.09%	29,055,292	SC 13D/A
Jun 28, 2021	attestor value master fund, lp	6.2%	4,237,711	SC 13G/A
May 14, 2021	oaktree capital management lp	19.01%	15,093,203	SC 13D
May 13, 2021	centerbridge credit partners master, l.p.	23.87%	20,205,933	SC 13D
May 10, 2021	cyrus capital partners, l.p.	37.7%	33,192,518	SC 13D
May 10, 2021	sessa capital (master), l.p.	28.8%	23,504,588	SC 13D
May 10, 2021	honeywell international inc	10.24%	7,092,446	SC 13D
May 10, 2021	newtyn management, llc	4.6%	3,056,639	SC 13G
May 10, 2021	hawk ridge capital management lp	8.8%	6,023,159	SC 13G

GTX Fair Value

Garrett Motion fair value in different scenarios

The table shows the Fair Value estimates for Garrett Motion for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	43.02 504.21%	55.76 683.15%	82.65 1060.81%	118.27 1561.10%	138.82 1849.72%
Current Inflation	40.36 466.85%	50.87 614.47%	73.76 935.96%	103.62 1355.34%	120.80 1596.63%
Very High Inflation	36.92 418.54%	44.82 529.49%	63.13 786.66%	86.53 1115.31%	99.94 1303.65%

Historical Garrett Motion Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Garrett Motion

View All Filings

Date Filed	Form Type	Document
Mar 08, 2023	424B3	Prospectus Filed
Mar 08, 2023	8-K	Current Report
Mar 07, 2023	4	Insider Trading
Feb 22, 2023	4	Insider Trading
Feb 22, 2023	3	Insider Trading
Feb 22, 2023	4	Insider Trading
Feb 22, 2023	4	Insider Trading
Feb 22, 2023	4	Insider Trading
Feb 22, 2023	4	Insider Trading
Feb 22, 2023	4	Insider Trading

Latest Insider Trading transactions for GTX

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-03	LAU JOANNE	sold (taxes)	-3,284	8.03	-409	vp, cao and controller
2023-02-17	LAU JOANNE	acquired	-	-	16,248	vp, cao and controller
2023-02-17	Spenninck Fabrice	acquired	-	-	31,870	svp & chief human res. officer
2023-02-17	Mabru Thierry	acquired	-	-	43,734	svp, integrated supply chain
2023-02-17	Maironi Jerome	acquired	-	-	45,615	svp, gc & corp. secretary
2023-02-17	Barthelet Pierre	acquired	-	-	27,911	svp, marketing & prod mgmt
2023-02-17	Rabiller Olivier	acquired	-	-	183,686	president & ceo
2023-02-17	Balis Craig	acquired	-	-	45,682	svp & chief technology officer
2023-02-17	Deiro Daniel	acquired	-	-	32,541	svp, gcm & gm japan/korea
2023-02-17	Deason Sean	acquired	-	-	58,371	svp & chief financial officer

About Garrett Motion

Olivier Rabiller

www.garrettmotion.com

8700

Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers worldwide. The company offers light vehicle gasoline and diesel, and commercial vehicle turbochargers; and provides automotive software solutions. It offers its products in the aftermarket through distributors. Garrett Motion Inc. was incorporated in 2018 and is headquartered in Rolle, Switzerland.

GTX Income Statement

2022-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Net sales (Note 4)	$ 3,603	$ 3,633	$ 3,034
Cost of goods sold	2,920	2,926	2,495
Gross profit	683	707	539
Selling, general and administrative expenses	216	216	260
Other expense, net (Note 5)	2	1	46
Interest expense	82	93	79
Loss on extinguishment of debt (Note 17)	5	0	0
Non-operating income (Note 6)	(121)	(16)	(38)
Reorganization items, net (Note 1)	3	(125)	73
Income before taxes	496	538	119
Tax expense (Note 7)	106	43	39
Net income	390	495	80
Less: preferred stock dividend (Note 21)	(157)	(97)	0
Net income available for distribution	$ 233	$ 398	$ 80
Earnings per share
Earnings per share, basic (in USD per share)	$ 0.75	$ 1.69	$ 1.06
Earnings per share, diluted (in USD per share)	$ 0.75	$ 1.56	$ 1.05
Weighted average common shares outstanding
Weighted average common shares outstanding, basic (in shares)	64,708,635	69,706,183	75,543,461
Weighted average common shares outstanding, diluted (in shares)	65,075,992	317,503,300	76,100,509

GTX Balance Sheet

2022-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 246	$ 423
Restricted cash (Note 3)	2	41
Accounts, notes and other receivables, net (Note 8)	803	747
Inventories, net (Note 10)	270	244
Other current assets (Note 11)	110	56
Total current assets	1,431	1,511
Investments and long-term receivables	30	28
Property, plant and equipment, net (Note 13)	470	485
Goodwill (Note 14)	193	193
Deferred income taxes (Note 7)	232	289
Other assets (Note 12)	281	200
Total assets	2,637	2,706
Current liabilities:
Accounts payable	1,048	1,006
Current maturities of long-term debt (Note 16)	7	7
Mandatorily redeemable Series B Preferred Stock (Note 17)	0	200
Accrued liabilities (Note 15)	320	295
Total current liabilities	1,375	1,508
Long-term debt (Note 16)	1,148	1,181
Mandatorily redeemable Series B Preferred Stock (Note 17)	0	195
Deferred income taxes (Note 7)	25	21
Other liabilities	205	269
Total liabilities	2,753	3,174
COMMITMENTS AND CONTINGENCIES (Note 25)
EQUITY (DEFICIT)
Series A Preferred Stock, par value $0.001; 245,089,671 and 245,921,617 shares issued and outstanding as of December 31, 2022 and 2021, respectively (Note 21)	0	0
Additional paid-in capital	1,333	1,326
Retained deficit	(1,485)	(1,790)
Accumulated other comprehensive income (loss) (Note 22)	36	(4)
Total deficit	(116)	(468)
Total liabilities and deficit	2,637	2,706
Series A Preferred Stock
EQUITY (DEFICIT)
Series A Preferred Stock, par value $0.001; 245,089,671 and 245,921,617 shares issued and outstanding as of December 31, 2022 and 2021, respectively (Note 21)	$ 0	$ 0