
CIE Automotive: Undervalued Automotive Component Supplier with Growth Potential
📉 CIE Automotive's stock has fallen more than 20% since June, reaching 52-week lows, and is 36% below its 2018 highs.
⚙️ Despite being a cyclical company in a challenging sector, CIE Automotive shows consistent revenue and profit growth, with no losses in any year.
🌍 The company has a globally diversified sales base, with a strong focus on emerging markets like India and Brazil.
💰 CIE Automotive is trading at a PER of 8, with an estimated annual shareholder return of 15%, including dividends.