olivLaw · US equity research
Versigent PLC VGNT
Motor Vehicle Parts & Accessories · SIC 3714 · Vertical: Motor Vehicle Parts & Accessories (SIC 3714)
Versigent PLC (NYSE: VGNT) designs and manufactures low and high voltage electrical architectures for automakers, after separating from Aptiv on April 1, 2026. Second-quarter 2026 net sales rose 10.8%, and the company introduced its first quarterly dividend, so its performance as an independent company is being watched closely.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Versigent PLC (VGNT) stock was 41.97 USD (+3.15% on the day), with beta 1.79, 52-week range 26.94–50.22 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 43.6
- weak (30–45)
- Bollinger (20, 2)
- 40.22 – 44.99
- in the lower half of the band · %B 0.37 · band width 11.2%
- SMA 50 / 200
- 45.05 / unavailable
- MACD (12, 26, 9)
- -1.10 / -1.05
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −11.2% | −1.1% | −10.1 pp | — |
| 3 months | −6.8% | −0.5% | −6.3 pp | — |
| 6 months | +1.0% | +4.4% | −3.4 pp | — |
| Year to date | unavailable | +12.3% | unavailable | — |
| 1 year | unavailable | +13.5% | unavailable | −12.2% |
| 3 years | unavailable | +76.4% | unavailable | −3.9% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
unavailable
Reported results vs expectations
Loading…
Balance sheet & financial health
Valuation
unavailable
Versus the vertical median
Motor Vehicle Parts & Accessories (SIC 3714) · same industry (4-digit SIC) · compared with 34 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| MGAMagna International Inc. | 18.4 bn | 22.4 | 6.9% | 2.0% | −1.9% | +34% / +22% |
| BWABorgwarner Inc. | 10.1 bn | 21.5 | 8.2% | 3.4% | +1.6% | +17% / +50% |
| ALSNAllison Transmission Holdings, Inc. | 9.9 bn | 17.4 | 29.7% | 11.1% | −6.7% | +36% / +125% |
| ALVAutoliv, Inc. | 9.0 bn | 15.1 | 24.8% | 5.6% | +4.1% | +7% / +21% |
| APTVAptiv PLC | 8.8 bn | 11.9 | 8.5% | 4.6% | +3.5% | −44% / −48% |
| LEALear Corp | 5.7 bn | 10.4 | 11.6% | 2.5% | −0.2% | +11% / −11% |
| MODModine Manufacturing Co | 5.2 bn | 41.3 | 11.4% | 3.6% | +23.1% | −39% / +100% |
| GNTXGentex Corporation | 4.4 bn | 11.0 | 16.4% | 15.5% | +9.6% | −9% / −32% |
| DORMDorman Products, Inc. | 4.2 bn | 21.2 | 13.3% | 9.3% | +6.0% | +8% / +98% |
| ATMUAtmus Filtration Technologies Inc. | 3.9 bn | 18.3 | 55.8% | 11.3% | +5.7% | −5% / +119% |
| GTXGarrett Motion Inc. | 3.6 bn | 10.1 | — | 10.0% | +3.1% | +20% / +167% |
| PATKPatrick Industries Inc | 2.7 bn | 20.1 | 13.0% | 3.7% | +6.3% | −22% / +55% |
| PHINPhinia Inc. | 2.6 bn | 14.5 | 12.2% | 5.2% | +2.4% | +33% / +181% |
| LCIILci Industries | 2.5 bn | 12.1 | 15.0% | 5.2% | +10.2% | −8% / −4% |
| VCVisteon Corp | 2.0 bn | 13.8 | 10.8% | 4.1% | −2.5% | −22% / −32% |
| THRMGentherm Incorporated | 1.6 bn | 105.3 | 1.3% | 0.6% | +2.9% | −13% / −32% |
| ADNTAdient plc | 1.3 bn | 28.5 | 2.7% | 0.3% | −1.0% | −12% / −47% |
| DCHDauch Corporation | 1.1 bn | — | -15.2% | -2.0% | −4.7% | −27% / −31% |
| SMPStandard Motor Products, Inc. | 1.0 bn | 15.1 | 9.9% | 3.8% | +22.4% | +22% / +28% |
| AEVAAeva Technologies, Inc. | 661.5 m | — | — | -150.1% | +99.4% | −15% / +240% |
| CPSCooper-Standard Holdings Inc. | 391.6 m | — | — | -2.0% | +0.4% | −29% / +24% |
| HLLYHolley Inc. | 351.6 m | 35.3 | 2.3% | 1.7% | +1.9% | −32% / −30% |
| KNDIKandi Technologies Group, Inc. | 287.8 m | — | -30.5% | -107.4% | −31.5% | −63% / −88% |
| STRTStrattec Security Corp | 258.5 m | 15.6 | 7.2% | 2.9% | +2.5% | −14% / +201% |
| MPAAMotorcar Parts Of America, Inc. | 200.3 m | — | -1.6% | -0.5% | +4.3% | −20% / +10% |
1- and 3-year price returns: for VGNT from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 04 Aug 2026; since then the company filed 8-K (04 Nov 2026 · results), 10-Q (04 Nov 2026).
In brief
Versigent PLC (NYSE: VGNT) designs and manufactures low and high voltage electrical architectures for automakers, after separating from Aptiv on April 1, 2026. Second-quarter 2026 net sales rose 10.8% 2, and the company introduced its first quarterly dividend, so its performance as an independent company is being watched closely.
SWOT
Strengths
- Leading global position in electrical architectures, with long-standing OEM customers and recognized technical expertise 1.
- Growth in net sales and adjusted EBITDA margin in the second quarter of 2026, supported by higher volumes 2.
- Manufacturing footprint across several continents and a flexible cost structure 12.
Weaknesses
- Historical financials were presented on a combined basis with allocations that do not fully reflect standalone costs 1.
- Interest costs rose significantly after the senior notes and credit facility issued in the first quarter of 2026 2.
- Inventory remains high due to OEM production volatility and order cancellations 1.
Opportunities
- Electrification and growing in-vehicle electronic content could expand demand for distribution solutions 1.
- Expansion into adjacent markets such as energy storage and robotics could open new revenue sources 1.
- The initial dividend and cash flow profile could support investor confidence if performance holds 2.
Risks
- Dependence on auto productionhigh
Revenue tracks the sales and production of OEM customers, which can decline in certain regions 1.
- Raw material costsmedium
Higher input prices can weigh on margins, although part of the impact is passed through to customers 2.
- Debt after the spin-offmedium
Interest expense rose after new debt issuance, which could constrain available cash flow 2.
- Trade policy and geopoliticsmedium
Tariffs and policy changes can affect supply chains and where production is located 1.
- Combined historical financialslow
Figures before the spin-off do not reflect standalone company costs, which limits comparability 1.
Investment thesis
What would need to be true (bull case)
- If sales growth and margins from the second quarter hold, the company could support its raised guidance and strengthen its position in electrification 12.
- Expansion into adjacent markets could reduce dependence on the traditional auto cycle 1.
- Cash flow and the initiation of a dividend may signal financial discipline that could attract a new shareholder base 2.
What would break the thesis
- If auto production stays weak in North America and Europe, sales growth could be hard to sustain 1.
- Higher interest costs and elevated inventory could limit financial flexibility during the early independent period 12.
- The combined history makes it difficult to estimate standalone performance from past data 1.
What to watch
- Delivery against net sales guidance and free cash flow guidance2026
- Trend in adjusted EBITDA margin and raw material costsQ3 2026
- Progress in adjacent markets and inventory levels2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 04 Aug 2026; since then the company filed 8-K (04 Nov 2026 · results), 10-Q (04 Nov 2026).
The business
Versigent is a global supplier of signal, power and data distribution solutions for vehicles, sold mainly to original equipment manufacturers (OEMs) of passenger cars, trucks and commercial vehicles 1. The company was created by spinning off the Electrical Distribution Systems business of Aptiv, with shares distributed to Aptiv holders on April 1, 2026 1. Versigent says its products power about one in six passenger vehicles in production and it operates in more than 25 countries 2.
The stated strategy is to develop market-relevant technologies and extend into adjacent markets such as agriculture, construction, grid infrastructure, energy storage and robotics 1. The company points to a flexible cost structure and a footprint in best-cost countries as sources of margin improvement 1.
Before the spin-off, financial statements were presented on a combined basis with corporate expense allocations from the former parent, so historical figures do not fully reflect the costs of a standalone company 1.
Segments
Low and high voltage electrical architectures
The core business delivers signal, power and data solutions for vehicles with growing electronic content and electrification, and is the main driver of the company's sales 12.
Adjacent markets
Versigent develops and sells solutions for agriculture, construction, grid and infrastructure, off-grid power storage and robotics, extending its customer base beyond the automotive industry 1.
Market context
The business depends directly on automotive sales and on customers' vehicle production, which rose about 4% between 2024 and 2025, with growth in China and declines in North America and Europe 1. Inflationary pressure, tariffs and high interest rates can reduce demand and raise input costs 1.
Second-quarter sales growth was supported by higher volumes in North America and Asia Pacific despite weaker global automotive production, and fiscal 2026 net sales guidance was raised 2.
Trends
- Electrification and rising in-vehicle electronicstailwind
Software-defined and electrified vehicles require more signal and power distribution, which opens opportunities for the company's solutions 1.
- Raw material cost pressureheadwind
Higher commodity costs weighed on margins in the second quarter, although the company reported a better adjusted EBITDA margin 2.
- Tariffs and supply chain realignmentheadwind
Changes in trade policy can lead to lower production volumes or a shift of production to higher-cost regions 1.
- Elevated inventory and OEM production volatilitymixed
Inventory has stayed elevated due to OEM production swings and cancellations, while the company works to balance supply continuity and working capital efficiency 1.
Competitive position
Versigent operates in a components market for automakers where customer concentration and engineering capability matter a great deal 1. The supplied sources do not name competitors, so comparative analysis remains limited.
The stated advantage rests on expertise in signal, power and data distribution, a global manufacturing footprint and the ability to serve adjacent markets 12.
- Other global automotive components suppliers
The sources do not name competitors, so a direct comparison with other issuers cannot be supported by the available texts.
- Regional electrical architecture suppliers
Regional competition is not detailed in the supplied sources.
- Commercial vehicle systems producers
The commercial vehicle segment is mentioned as a served market, without identification of competitors.
- Suppliers in adjacent industries
Expansion into agriculture, energy and robotics could bring competitors from outside the auto industry, not named in the sources.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- BlackBerry Jumps 7% as Coretura Selects QNX-Based Alloy Kore for Truck Platform; Aptiv Edges Higher, Mobileye Barely BudgesYahoo Finance — News · 22 Sept 2026 · EN
- Aptiv (APTV) Turns Chip Partnerships Into A Physical AI BetYahoo Finance — News · 16 Sept 2026 · EN
- Is Aptiv Underperforming the Nasdaq?Yahoo Finance — News · 16 Sept 2026 · EN
- Producătorul de componente auto Aptiv Technology Services & Solutions a trecut pe pierdere în 2025, la afaceri de aproximativ 1,3 mld. leiZiarul Financiar · 28 Aug 2026 · RO
- Why Versigent (VGNT) Stands to Benefit from Automotive TrendsYahoo Finance — News · 28 Aug 2026 · EN
- Is Versigent (VGNT) Undervalued With Margin Expansion and Buyback Potential Ahead?Yahoo Finance — News · 27 Aug 2026 · EN
- CJUE. C-521/24 | Aptiv Services Hungary. Deducerea TVA nu poate fi refuzată din cauza primirii tardive a facturilorJuridice.ro · 29 May 2026 · RO
The latest news item in our archive is from 22 Sept 2026; the newest SEC filing is from 04 Nov 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Quarterly report04 Nov 2026
- Current report04 Nov 2026Results of operations · Financial statements and exhibits
- Quarterly report04 Aug 2026
- Current report04 Aug 2026Results of operations · Financial statements and exhibits
- Quarterly report05 May 2026
- Current report05 May 2026Results of operations · Financial statements and exhibits
- Current report01 Apr 2026Material agreement · Acquisition or disposition of assets · Creation of a direct financial obligation · Item 3.02 · Item 3.03 · Item 5.01 · Departure or appointment of officers · Amendments to articles or bylaws · Other events · Financial statements and exhibits
- Current report24 Mar 2026Departure or appointment of officers
- Current report12 Mar 2026Regulation FD disclosure · Financial statements and exhibits
Sources
- [1] Form 10-Q, quarter ended 2026-06-30 · SEC / Versigent PLC · 04 Aug 2026
- [2] Form 8-K, results release (exhibit 99.1) · SEC / Versigent PLC · 04 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.