GTX - Garrett Motion Inc Stock Price, Fair Value and News

9.26USD+0.12 (+1.31%)Market Closed

Market Summary

USD9.26+0.12

Market Closed

1.31%

GTX Alerts

1 major insider sales recently.

GTX Stock Price

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GTX RSI Chart

GTX Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

8.45

Price/Sales (Trailing)

0.57

EV/EBITDA

6.02

Price/Free Cashflow

5.78

GTX Price/Sales (Trailing)

GTX Profitability

EBT Margin

8.93%

Return on Equity

21.97%

Return on Assets

10.33%

Free Cashflow Yield

17.31%

GTX Fundamentals

GTX Revenue

Revenue (TTM)

3.9B

Rev. Growth (Yr)

5.23%

Rev. Growth (Qtr)

-1.56%

GTX Earnings

Earnings (TTM)

261.0M

Earnings Growth (Yr)

-53.57%

Earnings Growth (Qtr)

-8.77%

Breaking Down GTX Revenue

Last 7 days

-7.8%

Last 30 days

-3.0%

Last 90 days

2.6%

Trailing 12 Months

14.8%

How does GTX drawdown profile look like?

GTX Financial Health

Current Ratio

1.02

Debt/Equity

1.38

Debt/Cashflow

0.28

GTX Investor Care

Shares Dilution (1Y)

267.44%

Diluted EPS (TTM)

-1.3

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	3.7B	3.8B	3.8B	3.9B
2022	3.5B	3.5B	3.6B	3.6B
2021	3.3B	3.7B	3.8B	3.6B
2020	3.2B	2.8B	2.9B	3.0B
2019	3.3B	3.2B	3.2B	3.2B
2018	3.2B	3.3B	3.4B	3.4B
2017	3.0B	3.0B	3.1B	3.1B
2016	0	0	0	3.0B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Garrett Motion Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 09, 2024	cyrus capital partners, l.p.	sold	-2,717,290	9.9941	-271,889	-
Apr 08, 2024	cyrus capital partners, l.p.	sold	-580,634	9.9584	-58,306	-
Apr 01, 2024	norman daun	acquired	-	-	1,348	-
Apr 01, 2024	camuti paul a	acquired	-	-	4,270	-
Apr 01, 2024	cyrus capital partners, l.p.	sold	-1,631,000	10.0045	-163,027	-
Apr 01, 2024	ninivaggi daniel a	acquired	-	-	3,855	-
Mar 28, 2024	cyrus capital partners, l.p.	sold	-1,832,380	10.0193	-182,885	-
Mar 27, 2024	cyrus capital partners, l.p.	sold	-2,502,850	10.0114	-250,000	-
Mar 25, 2024	cyrus capital partners, l.p.	sold	-2,005,000	10.025	-200,000	-
Mar 22, 2024	cyrus capital partners, l.p.	sold	-2,566,820	9.8724	-260,000	-

Which funds bought or sold GTX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	DELTEC ASSET MANAGEMENT LLC	unchanged	-	20,250	745,500	0.15%
Apr 17, 2024	Baker Ellis Asset Management LLC	reduced	-2.46	6,142	2,309,780	0.34%
Apr 17, 2024	PEOPLES FINANCIAL SERVICES CORP.	unchanged	-	3.00	99.00	-%
Apr 17, 2024	Stephens Consulting, LLC	unchanged	-	2.00	65.00	-%
Apr 16, 2024	Moisand Fitzgerald Tamayo, LLC	unchanged	-	3.00	100	-%
Apr 16, 2024	Financial Management Professionals, Inc.	added	93.08	80,000	162,000	0.02%
Apr 16, 2024	Cordant, Inc.	sold off	-100	-146	-	-%
Apr 16, 2024	Register Financial Advisors LLC	new	-	1,610	1,610	-%
Apr 16, 2024	GUYASUTA INVESTMENT ADVISORS INC	reduced	-0.67	-7,108	1,055,960	0.08%
Apr 16, 2024	Asset Dedication, LLC	reduced	-14.29	-	-	-%

Are Funds Buying or Selling GTX?

Are funds buying GTX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GTX

No. of Funds

GTX Alerts

1 major insider sales recently.

Unveiling Garrett Motion Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 07, 2024	cyrus capital partners, l.p.	12.1%	28,827,284	SC 13D/A
Feb 20, 2024	sessa capital (master), l.p.	10.6%	25,236,484	SC 13G/A
Feb 09, 2024	keyframe capital partners, l.p.	1.91%	4,627,427	SC 13G/A
Dec 14, 2023	centerbridge credit partners master, l.p.	4.66%	11,287,784	SC 13D/A
Oct 27, 2023	oaktree capital group, llc	3.8%	9,174,939	SC 13D/A
Aug 10, 2023	baupost group llc/ma	2.31%	5,987,289	SC 13D/A
Jul 27, 2023	baupost group llc/ma	6.14%	15,887,289	SC 13D/A
Jul 17, 2023	baupost group llc/ma	7.96%	21,137,289	SC 13D/A
Jun 15, 2023	baupost group llc/ma	9.99%	26,570,589	SC 13D/A
Jun 14, 2023	centerbridge credit partners master, l.p.	4.41%	11,721,162	SC 13D/A

Recent SEC filings of Garrett Motion Inc

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Apr 10, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Mar 29, 2024	PRE 14A	PRE 14A
Mar 28, 2024	4	Insider Trading

Peers (Alternatives to Garrett Motion Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	477.2B	96.8B	-10.57%	-15.67%	31.82	4.93	18.80%	19.44%
GM	49.0B	171.8B	4.02%	20.18%	4.86	0.29	9.64%	2.33%
F	48.3B	176.2B	-1.15%	-5.42%	11.07	0.27	11.47%	328.08%
APTV	19.3B	20.1B	-10.86%	-35.49%	6.58	0.96	14.65%	394.61%
KMX	10.7B	26.5B	-14.16%	-0.78%	22.32	0.4	-10.61%	-1.15%
MID-CAP
BWA	7.4B	15.0B	-0.65%	-34.28%	11.8	0.49	12.05%	-33.79%
ALSN	6.9B	3.0B	4.70%	69.83%	10.29	2.28	9.61%	26.74%
ABG	4.3B	14.8B	1.67%	1.76%	7.16	0.29	-4.09%	-39.59%
GT	3.3B	20.1B	-3.94%	8.73%	-4.84	0.17	-3.55%	-440.59%
ADNT	2.6B	15.4B	-13.53%	-28.30%	11.99	0.17	7.09%	494.44%
SMALL-CAP
BLBD	1.1B	1.2B	5.03%	80.11%	17.67	0.89	33.91%	215.64%
AXL	817.2M	6.1B	2.66%	-8.80%	-24.32	0.13	4.78%	-152.26%
WKHS	47.2M	5.0M	-32.00%	-84.26%	-0.38	3.61	160.69%	-5.67%
AYRO	6.7M	498.9K	-14.81%	126.23%	-0.2	13.36	-83.32%	-48.94%
CAAS	-	576.4M	4.73%	-25.47%	-	-	-	-

Garrett Motion Inc News

Latest updates

Garrett Motion Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.6%	945	960	1,011	970	898	945	859	901	862	839	935	997	1,008	804	477	745	830	781	802	835	799
Gross Profit	7.4%	189	176	202	189	161	178	169	175	155	163	193	196	174	147	80.00	138	161	172	182	196	172
S&GA Expenses	16.9%	69.00	59.00	63.00	56.00	52.00	57.00	54.00	53.00	50.00	60.00	51.00	55.00	58.00	98.00	47.00	57.00	45.00	68.00	58.00	60.00	63.00
EBITDA Margin	6.1%	0.15*	0.14*	0.17*	0.18*	0.18*	0.17*	0.17*	0.26*	0.20*	0.18*	0.16*	0.05*	-	-	-	-	-	-	-	-	-
Interest Expenses	2.0%	51.00	50.00	30.00	28.00	-53.00	18.00	20.00	23.00	13.00	25.00	24.00	21.00	23.00	20.00	20.00	16.00	16.00	18.00	18.00	16.00	16.00
Income Taxes	23.1%	16.00	13.00	30.00	27.00	23.00	26.00	20.00	37.00	-39.00	28.00	30.00	24.00	28.00	-1.00	11.00	1.00	-46.00	34.00	21.00	24.00	34.00
Earnings Before Taxes	-2.9%	68.00	70.00	101	108	135	131	105	125	89.00	91.00	439	-81.00	54.00	10.00	2.00	53.00	90.00	72.00	87.00	97.00	103
EBT Margin	-17.2%	0.09*	0.11*	0.12*	0.13*	0.14*	0.13*	0.12*	0.21*	0.15*	0.13*	0.11*	0.00*	-	-	-	-	-	-	-	-	-
Net Income	-8.8%	52.00	57.00	71.00	81.00	112	105	85.00	88.00	128	63.00	409	-105	26.00	11.00	-9.00	52.00	136	38.00	66.00	73.00	69.00
Net Income Margin	-19.7%	0.07*	0.08*	0.10*	0.10*	0.11*	0.11*	0.11*	0.19*	0.14*	0.10*	0.09*	-0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	118.0%	109	50.00	139	84.00	124	35.00	81.00	44.00	138	-89.00	-445	14.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.2%	2,527	2,532	2,892	2,791	2,637	2,603	2,462	2,688	2,706	2,717	2,837	2,835	3,017	2,467	2,066	2,254	2,275	2,146	2,172	2,172	2,124
Current Assets	1.2%	1,406	1,390	1,742	1,605	1,431	1,371	1,257	1,480	1,511	1,609	1,734	1,735	1,879	1,392	1,004	1,188	1,199	1,193	1,214	1,239	1,179
Cash Equivalents	59.9%	259	162	478	291	246	159	146	315	423	456	401	382	592	312	139	254	187	190	182	207	196
Inventory	-10.5%	263	294	312	301	270	283	284	301	244	278	275	258	235	237	234	225	220	193	193	181	172
Net PPE	9.2%	477	437	452	462	470	419	443	469	485	472	481	484	505	465	457	457	471	430	435	424	438
Goodwill	0%	193	193	193	193	193	193	193	193	193	193	193	193	193	193	193	193	193	193	193	193	193
Liabilities	1.2%	3,262	3,224	3,515	2,871	2,753	2,705	2,693	3,045	3,174	3,350	3,543	5,135	5,325	4,663	4,169	4,300	4,408	4,410	4,589	4,624	4,641
Current Liabilities	-0.8%	1,374	1,385	1,518	1,478	1,375	1,339	1,273	1,380	1,508	1,499	1,492	1,852	1,831	1,032	1,165	1,376	1,392	1,388	1,401	1,461	1,440
Long Term Debt	1.3%	1,643	1,622	1,772	1,157	1,148	1,108	1,139	1,166	1,181	1,195	1,204	1,049	1,082	1,045	1,403	1,389	1,409	1,477	1,552	1,542	1,569
LT Debt, Current	0%	7.00	7.00	60.00	7.00	7.00	7.00	7.00	7.00	7.00	5.00	-	-	-	-	4.00	4.00	4.00	4.00	14.00	23.00	23.00
LT Debt, Non Current	1.3%	1,643	1,622	1,772	1,157	1,148	1,108	1,139	1,166	1,181	1,195	1,204	1,049	1,082	1,045	1,403	1,389	1,409	1,477	1,552	1,542	1,569
Shareholder's Equity	-100.0%	-	1,188	1,184	1,336	1,333	1,331	1,329	1,327	1,326	1,334	1,332	30.00	28.00	26.00	24.00	20.00	19.00	19.00	14.00	10.00	5.00
Retained Earnings	0.9%	-1,922	-1,939	-1,834	-1,446	-1,485	-1,555	-1,618	-1,703	-1,790	-1,909	-1,972	-2,312	-2,207	-2,233	-2,244	-2,235	-2,282	-2,494	-2,532	-2,598	-2,595
Additional Paid-In Capital	0.2%	1,190	1,188	1,184	1,336	1,333	1,331	1,329	1,327	1,326	1,334	1,332	30.00	28.00	26.00	24.00	20.00	19.00	19.00	14.00	10.00	5.00
Shares Outstanding	-2.0%	238	243	264	65.00	65.00	65.00	65.00	65.00	70.00	65.00	70.00	76.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	914	-	-	-	501	-	-	-	520	-	-	-	415	-	-	-	1,141	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	82.4%	135,000	74,000	164,000	92,000	137,000	61,000	104,000	73,000	136,000	-55,000	-423,000	32,000	161,000	-41,000	-152,000	57,000	117,000	88,000	1,000	36,000	133,000
Share Based Compensation	-50.0%	2,000	4,000	5,000	3,000	3,000	3,000	3,000	2,000	1,500	1,000	3,000	2,000	3,000	2,000	2,000	2,000	4,000	5,000	4,000	5,000	5,000
Cashflow From Investing	70.8%	-7,000	-24,000	-16,000	-8,000	-13,000	-26,000	-23,000	-29,000	2,000	-34,000	-22,000	-17,000	-1,000	-15,000	-25,000	-39,000	-24,000	-29,000	-13,000	-20,000	-33,000
Cashflow From Financing	89.8%	-37,000	-364,000	42,000	-44,000	-46,000	-43,000	-197,000	-196,000	-223,000	3,000	460,000	-101,000	190,000	226,000	52,000	62,000	-101,000	-45,000	-12,000	-5,000	-102,000
Dividend Payments	-	-	-	-	42,000	41,000	42,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-78.3%	35,000	161,000	18,000	-	-2,000	1,000	1,000	2,000	4,000	-	-	-	-	-	-	-	-	-	-	-	-

GTX Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net sales (Note 4)	$ 3,886	$ 3,603	$ 3,633
Cost of goods sold	3,130	2,920	2,926
Gross profit	756	683	707
Selling, general and administrative expenses	247	216	216
Other expense, net (Note 5)	5	2	1
Interest expense	159	8	83
Loss on extinguishment of debt (Note 17)	0	5	0
Non-operating income (Note 6)	(2)	(47)	(6)
Reorganization items, net (Note 1)	0	3	(125)
Income before taxes	347	496	538
Tax expense (Note 7)	86	106	43
Net income	261	390	495
Less: preferred stock dividends (Note 21)	(80)	(157)	(97)
Less: preferred stock deemed dividends (Note 21)	(232)	0	0
Net (loss) income available for distribution	$ (51)	$ 233	$ 398
(Loss) Earnings per share (Note 24)
Earnings per share, basic (in USD per share)	$ (0.31)	$ 0.75	$ 1.69
Earnings per share, diluted (in USD per share)	$ (0.31)	$ 0.75	$ 1.56
Weighted average common shares outstanding
Weighted average common shares outstanding, basic (in shares)	166,595,397	64,708,635	69,706,183
Weighted average common shares outstanding, diluted (in shares)	166,595,397	65,075,992	317,503,300

GTX Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 259	$ 246
Restricted cash (Note 3)	1	2
Accounts, notes and other receivables, net (Note 8)	808	803
Inventories, net (Note 10)	263	270
Other current assets (Note 11)	75	110
Total current assets	1,406	1,431
Investments and long-term receivables	29	30
Property, plant and equipment, net (Note 13)	477	470
Goodwill (Note 14)	193	193
Deferred income taxes (Note 7)	216	232
Other assets (Note 12)	206	281
Total assets	2,527	2,637
Current liabilities:
Accounts payable	1,074	1,048
Current maturities of long-term debt (Note 16)	7	7
Accrued liabilities (Note 15)	293	320
Total current liabilities	1,374	1,375
Long-term debt (Note 16)	1,643	1,148
Deferred income taxes (Note 7)	27	25
Other liabilities	218	205
Total liabilities	3,262	2,753
COMMITMENTS AND CONTINGENCIES (Note 25)
EQUITY (DEFICIT)
Series A Preferred Stock, par value $0.001; 0 and 245,089,671 shares issued and outstanding as of December 31, 2023 and 2022, respectively (Note 21)	0	0
Additional paid-in capital	1,190	1,333
Retained deficit	(1,922)	(1,485)
Accumulated other comprehensive (loss) income (Note 22)	(3)	36
Total deficit	(735)	(116)
Total liabilities and deficit	2,527	2,637
Series A Preferred Stock
EQUITY (DEFICIT)
Series A Preferred Stock, par value $0.001; 0 and 245,089,671 shares issued and outstanding as of December 31, 2023 and 2022, respectively (Note 21)	$ 0	$ 0

About Garrett Motion Inc

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, as well as electrified vehicles; and provides automotive software solutions. It offers its products in the aftermarket through distributors. The company was incorporated in 2018 and is headquartered in Rolle, Switzerland.

CEO	Mr. Olivier Rabiller
WEBSITE	garrettmotion.com
INDUSTRY	Autos
EMPLOYEES	7300

Garrett Motion Inc Frequently Asked Questions

What is the ticker symbol for Garrett Motion Inc? What does GTX stand for in stocks?

GTX is the stock ticker symbol of Garrett Motion Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Garrett Motion Inc (GTX)?

As of Wed Apr 17 2024, market cap of Garrett Motion Inc is 2.18 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GTX stock?

You can check GTX's fair value in chart for subscribers.

What is the fair value of GTX stock?

You can check GTX's fair value in chart for subscribers. The fair value of Garrett Motion Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Garrett Motion Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GTX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Garrett Motion Inc a good stock to buy?

The fair value guage provides a quick view whether GTX is over valued or under valued. Whether Garrett Motion Inc is cheap or expensive depends on the assumptions which impact Garrett Motion Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GTX.

What is Garrett Motion Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, GTX's PE ratio (Price to Earnings) is 8.34 and Price to Sales (PS) ratio is 0.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GTX PE ratio will change depending on the future growth rate expectations of investors.