PHINIA Inc.

PHINIA Inc.

PHINยทNYSE

$80.03

+5.0%
Consumer CyclicalAuto - Parts

PHINIA Inc. develops and manufactures gasoline and diesel fuel injection components and systems. The company also sells products and services to independent aftermarket customers and original equipment service customers with new and remanufactured products. Its product portfolio includes a range of solutions covering the fuel injection, electronics and engine management, starters and alternators, maintenance, test equipment, and vehicle diagnostics categories. The company was incorporated in 2023 and is based in Auburn Hills, Michigan.

At a Glance

Live Snapshot
Market Cap$2.96B
EPS3.3100
P/E Ratio24.18
Earnings Date07/23/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 24.2).

Valuation inputs: P/E 24.2, earnings yield +4.1%, momentum +5.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +8.2%, ROIC +6.4%).

Profitability stack: net margin +3.7%, ROE +8.2%, ROIC +6.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +58.4%, momentum +5.0%, net margin +3.7%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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PHINIA Inc. Market vs Earnings Trajectory

PHIN ยท NYSE

Loading price and EPS data...

PHINIA Inc.

PHINIA Inc. Fair Value Envelope

PHIN ยท NYSE

Our analysis suggests that PHIN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $80.03, this represents a potential HIDDEN relative to our calculated worth for PHINIA Inc..

Intrinsic Value
Current Price: $80.03
3Y-41.0%
5Y-225.0%
10Y-225.0%
3Y+4.0%
5Y+237.0%
10Y+237.0%
3Y-50.0%
5Y-205.0%
10Y-205.0%
3Y+3.0%
5Y-422.0%
10Y-422.0%
3Y-4.0%
5Y-225.0%
10Y-225.0%
3Y-6.0%
5Y-9.0%
10Y-9.0%
PHINIA Inc.

PHINIA Inc. Profit Bridge

PHIN ยท NYSE
Revenue3.48B
Cost of Goods Sold (2.76B)
Gross Profit727.00M
Operating Expenses (447.00M)
Operating Income280.00M
Interest Expense (81.00M)
Other Income/Expense-82.00M
Pretax Income198.00M
Income Tax (68.00M)
Net Income130.00M
Net Income
130.00M

Profitability Analysis

Gross Margin

20.9%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

8.0%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

3.7%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

34.3%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

20.87%
Gross Profit Margin
-2%
3Y-3.0%
5Y+23.0%
10Y+23.0%
8.04%
Operating Profit Margin
-4%
3Y-15.0%
5Y+197.0%
10Y+197.0%
3.73%
Net Profit Margin
61%
3Y-52.0%
5Y-131.0%
10Y-131.0%
8.19%
Return on Equity
63%
3Y-49.0%
5Y-
10Y-
3.41%
Return on Assets
62%
3Y-47.0%
5Y-
10Y-
6.36%
Return on Invested Capital
50%
3Y-19.0%
5Y-
10Y-
PHIN

PHINIA Inc. Cash Conversion Engine

PHIN ยท NYSE
Net Income130.00M
Depreciation & Amortization157.00M
Stock-Based Compensation0.00
Change in Working Capital24.00M
Others20.00M
Capital Expenditures-124.00M
Free Cash Flow188.00M

Cash Flow Quality Analysis

FCF Conversion Rate

144.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

39.7%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-7.4%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

+$24.00M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

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PHINIA Inc. Funding & Solvency Profile

PHIN ยท NYSE
Cash & Cash Equivalents328.00M
Net Receivables818.00M
Inventory489.00M
Other Current Assets135.00M
Total Current Assets2 B
Property, Plant & Equipment854.00M
Goodwill & Intangible Assets897.00M
Long-Term Investments155.00M
Other Non-Current Assets125.00M
Total Non-Current Assets1 B
Total Assets
3.80B

Financial Health Analysis

Current Ratio

1.82x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

1.45x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

800 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

47% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

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PHINIA Inc. Street Expectations Map

PHIN ยท NYSE

Wall Street analysts project that PHIN stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 84.50, with estimates ranging from a low of 76.00 to a high of 93.00.

Lowest Target
76.00
-5.04%
Consensus Target
84.50
5.59%
Highest Target
93.00
16.21%

The consensus 1-year price target stands at 84.50, with estimates ranging from a low of 76.00 to a high of 93.00.

Analyst Consensus Analysis

Upside Potential

+5.6%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

20.1% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

3.22x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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PHINIA Inc. Insider Positioning

PHIN ยท NYSE

During the last 12 months, insiders have purchased $975 and sold $653K worth of PHIN shares, resulting in $652K of net selling activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

4.4K

322.63K

Net Activity

-323K

-$323K

6-9 Months

Bought

0

0.00

Sold

2.8K

151.85K

Net Activity

-152K

-$152K

9-12 Months

Bought

23

975.00

Sold

3.5K

178.71K

Net Activity

-178K

-$178K

Top Buyers

1
FN

Fryer Neil

Officer: Vp And Gm Global Aftermarket

23 sharesโ€ข1 transactions

$975

Top Sellers

1
GC

Gustanski Christopher

Officer: Vp, Operational Excellence

6.9K sharesโ€ข2 transactions

$435K

2
PS

Pombier Samantha

Officer: Vice President And Controller

2.3K sharesโ€ข2 transactions

$126K

3
YH

Yang Hongyong

Officer: Vp And Gm Fuel Syst. Asia Pac

893 sharesโ€ข1 transactions

$47K

4
FN

Fryer Neil

Officer: Vp And Gm Global Aftermarket

624 sharesโ€ข1 transactions

$45K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $652K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

4 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.

0.42%
Dividend Yield
-1%
3Y-
5Y-
10Y-
ย 

phin Dividend History

PHIN
10Y CAGR +2%
Latest $0.3
Annual $1.14
5 year growth trend
Last Period: +0%