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STRTStrattec Security Corporation
$82.69$346M
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  4. Financial Ratios

Strattec Security Corporation (STRT) Financial Ratios

Latest Ratios: P/E Ratio 18.1x · EV/EBITDA 7.3x · ROE 7.9%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

STRT Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$346M$249M$100M$71M$129M$170M$61M$89M$113M$130M$148M
Enterprise Value$272M$175M$95M$68M$137M$171M$88M$123M$156M$152M$152M
P/E Ratio →18.0513.326.14—18.337.54——9.2018.0616.11
P/S Ratio0.610.440.190.140.290.350.160.180.260.310.37
P/B Ratio1.371.010.440.340.590.800.350.470.620.750.96
P/FCF5.363.8540.41——6.484.707.09———
P/OCF4.823.478.167.0512.364.832.412.9616.305.6117.96

P/E links to full P/E history page with 30-year chart

STRT EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—0.310.180.140.300.350.230.250.360.360.38
EV / EBITDA7.254.672.775.974.843.188.274.425.606.034.90
EV / EBIT11.956.844.51—14.445.04——8.289.027.86
EV / FCF—2.7238.44——6.526.769.83———

STRT Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin15.0%15.0%12.2%8.6%12.4%16.2%9.2%11.9%12.4%14.4%16.1%
Operating Margin4.0%4.0%3.3%-1.2%2.0%7.0%-2.2%2.2%3.0%3.3%5.2%
Net Profit Margin3.3%3.3%3.0%-1.4%1.6%4.6%-2.0%-2.6%2.8%1.7%2.3%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE7.9%7.9%7.5%-3.1%3.2%11.6%-4.2%-6.8%6.9%4.4%6.0%
ROA4.9%4.9%4.6%-2.0%2.2%7.8%-2.6%-4.1%4.2%2.8%3.8%
ROIC8.7%8.7%6.2%-2.1%3.0%12.2%-3.1%3.6%4.7%5.8%10.6%
ROCE8.8%8.8%7.5%-2.6%3.8%15.1%-3.8%4.5%6.0%7.1%12.0%

STRT Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.050.050.090.080.080.070.220.220.280.170.13
Debt / EBITDA0.300.300.601.530.590.293.631.511.831.190.64
Net Debt / Equity—-0.30-0.02-0.010.040.000.150.180.230.130.03
Net Debt / EBITDA-1.95-1.95-0.14-0.270.280.022.531.231.540.860.15
Debt / FCF—-1.14-1.97——0.042.072.74———
Interest Coverage25.4625.4623.45-6.9942.90112.30-7.83-11.6516.5740.31110.03

Net cash position: cash ($85M) exceeds total debt ($11M)

STRT Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio2.432.432.152.072.312.252.601.982.201.902.09
Quick Ratio1.891.891.461.361.321.341.471.381.521.381.49
Cash Ratio0.710.710.210.190.110.190.240.100.120.120.24
Asset Turnover—1.441.481.451.421.561.451.561.431.521.66
Inventory Turnover7.437.435.785.814.925.746.439.088.2510.078.70
Days Sales Outstanding—80.0496.0274.3775.5952.5739.7463.1374.7256.7957.94

STRT Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield——————2.6%2.3%1.8%1.5%1.3%
Payout Ratio————————16.6%28.0%20.4%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield5.5%7.5%16.3%—5.5%13.3%——10.9%5.5%6.2%
FCF Yield18.7%25.9%2.5%——15.4%21.3%14.1%———
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.3%0.0%0.0%0.0%
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%2.6%2.6%1.8%1.5%1.3%
Shares Outstanding—$4M$4M$4M$4M$4M$4M$4M$4M$4M$4M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetFortress
Cash FlowStable
Top Statement Risk

Cyclical OEM Production Exposure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

Valuation Reflects Cyclical Commodity Exposure

According to recent market data, STRT trades at a P/E of 18.04 and an EV/EBITDA of 7.25, suggesting that investors are pricing the firm as a cyclical manufacturer rather than a high-growth technology provider, despite its critical role in the VAST Automotive Group's global platform support.

The current valuation multiples appear to incorporate a persistent small-cap discount, likely reflecting market skepticism regarding the company's ability to transition its mechanical lockset revenue toward higher-value electronic access systems. Investors should monitor whether the forward P/E of 13.35 indicates an expectation of earnings recovery or merely a reflection of the inherent volatility in the North American light truck production cycle.

Capital Returns Constrained by Margins

Based on reported financial statements, STRT's ROIC has struggled to exceed 4.6% over the last ten quarters, indicating that the company is currently failing to generate returns that meaningfully exceed its cost of capital, largely due to persistent margin pressure in its core manufacturing operations.

The low ROIC trend suggests that the company's specialized die-casting and assembly facilities are not currently optimized for high-margin output, which may be exacerbated by labor inflation and commodity price volatility. This performance warrants further investigation into whether the company's engineering-led moat is sufficient to drive future margin expansion or if the current capital base is structurally oversized for its current revenue trajectory.

Working Capital Cycles Remain Volatile

As indicated by the most recent quarterly data, STRT's cash conversion cycle has fluctuated significantly, reaching 81 days in 2026Q3, which highlights the company's sensitivity to the timing of OEM payments and the inherent inefficiencies in managing inventory across its U.S. and Mexican manufacturing footprint.

The variability in the cash conversion cycle suggests that working capital management is heavily influenced by external OEM production schedules rather than internal operational control. Investors should monitor the DSO and DIO trends, as any sustained increase in these metrics may indicate a weakening of the company's leverage over its supply chain or a buildup of obsolete inventory.

Fortress Liquidity Buffers Operational Risk

According to quarterly balance sheet disclosures, STRT maintains a current ratio of 2.63, providing a substantial liquidity cushion that appears more than adequate to withstand severe stress in the cyclical automotive market, especially given the company's near-zero debt-to-equity ratio as of 2026Q3.

This liquidity position suggests that the company is well-positioned to navigate potential industry-wide production halts or supply chain disruptions without the need for external financing. However, the accumulation of cash may invite further scrutiny regarding the lack of active capital deployment, as the current balance sheet appears to prioritize survival over aggressive growth or shareholder returns.

Misapplication of Traditional P/E Multiples

The P/E ratio is frequently misapplied to STRT, as it obscures the significant impact of non-operating items, such as actuarial pension adjustments and equity in earnings from the VAST joint venture, which can distort the company's true operational earning power in any given quarter.

Analysts should instead focus on EV/EBITDA or free cash flow yield to better capture the underlying cash-generative capacity of the business, as these metrics are less sensitive to the accounting nuances of the company's legacy obligations. Relying solely on P/E may lead to an inaccurate assessment of the company's valuation, particularly during periods of high volatility in the automotive production cycle.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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STRT — Frequently Asked Questions

Quick answers to the most common questions about buying STRT stock.

What is Strattec Security Corporation's P/E ratio?

Strattec Security Corporation's current P/E ratio is 18.1x. The historical average is 14.2x. This places it at the 81th percentile of its historical range.

What is Strattec Security Corporation's EV/EBITDA?

Strattec Security Corporation's current EV/EBITDA is 7.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.3x.

What is Strattec Security Corporation's ROE?

Strattec Security Corporation's return on equity (ROE) is 7.9%. The historical average is 10.6%.

Is STRT stock overvalued?

Based on historical data, Strattec Security Corporation is trading at a P/E of 18.1x. This is at the 81th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Strattec Security Corporation's profit margins?

Strattec Security Corporation has 15.0% gross margin and 4.0% operating margin.

How much debt does Strattec Security Corporation have?

Strattec Security Corporation's Debt/EBITDA ratio is 0.3x, indicating low leverage. A ratio below 2x is generally considered financially healthy.