Delphi was founded in 1994 and is headquartered in Troy, US

President, Thermal Systems

Senior Vice President President, Electrical/Electronic Architecture President, Asia Pacific

Executive Vice President, Operations and President, Latin America

Owner and President

Delphi has offices in Troy, Luxembourg, Shanghai, São Paulo and in 1 other location

Troy, US (HQ)

5725 Delphi Drive

Troy, US

5820 Delphi Drive

Shanghai, CN

No. 60 Yuanguo Road, Anting, Jiading District

Kokomo, US

2151 E. Lincoln Road

São Paulo, BR

Av. Goiás, 1860, São Caetano Do Sul

Shanghai, CN

Building A 3, #118, De Lin Road, Wai Gao Qiao Free Trade Zone, Pudong

Delphi's revenue was reported to be $1 m in FY, 2016 which is a **80% decrease** from the previous period.

USD

## Revenue (FY, 2016) | 1 m |

## Revenue growth (FY, 2015 - FY, 2016), % | (80%) |

## Gross profit (FY, 2016) | (3.2 b) |

## Gross profit margin (FY, 2016), % | (323700%) |

## Net income (FY, 2016) | 1.3 b |

## EBIT (FY, 2016) | 655 m |

## Market capitalization (21-Jul-2017) | 24.3 b |

## Cash (31-Dec-2016) | 838 m |

## EV | 27.4 b |

Delphi's current market capitalization is $24.3 b.

USD | FY, 2011^{} | FY, 2012^{} | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|---|---|

## Revenue | 14 m | 10 m | 5 m | 1 m | ||

## Revenue growth, % | (29%) | (50%) | (80%) | |||

## Cost of goods sold | 13.4 b | 12.9 b | 12.3 b | 12.5 b | 12.2 b | 3.2 b |

## Gross profit | (12.3 b) | (12.5 b) | (12.2 b) | (3.2 b) | ||

## Gross profit Margin, % | (87571%) | (124610%) | (243000%) | (323700%) | ||

## Operating expense total | 1.2 b | 1.3 b | 1.3 b | |||

## EBIT | 1.7 b | 1.8 b | 1.7 b | 655 m | ||

## EBIT margin, % | 12029% | 18470% | 34460% | 65500% | ||

## Interest expense | 123 m | 136 m | 143 m | 135 m | 127 m | |

## Income tax expense | 305 m | 212 m | 240 m | 255 m | 263 m | |

## Net Income | 1.3 b | 1.4 b | 1.5 b | 1.3 b |

USD | Y, 2010^{} | Y, 2011^{} | Y, 2012^{} | Y, 2013^{} | Y, 2014^{} | Y, 2015^{} | FY, 2016^{} |
---|---|---|---|---|---|---|---|

## Cash | 3.2 b | 1.4 b | 1.1 b | 1.3 b | 859 m | 535 m | 838 m |

## Accounts Receivable | 2.7 b | 2.6 b | 2.8 b | 2.9 b | |||

## Inventories | 1.1 b | 1.1 b | 1.2 b | 1.2 b | |||

## Current Assets | 5.8 b | 5.2 b | 5.1 b | 5.4 b | |||

## Goodwill | 496 m | 656 m | 1.5 b | 1.5 b | |||

## Total Assets | 11 b | 10.7 b | 12 b | 12.3 b | |||

## Accounts Payable | 2.6 b | 2.6 b | 2.5 b | 2.6 b | |||

## Total Debt | 2.3 b | 4 b | |||||

## Current Liabilities | 3.9 b | 3.9 b | 3.9 b | 4.1 b | |||

## Non-Current Liabilities | 3.7 b | 3.8 b | 5.3 b | 5.4 b | |||

## Total Liabilities | 7.6 b | 7.7 b | 9.2 b | 9.5 b | |||

## Additional Paid-in Capital | 1.7 b | 1.7 b | 1.7 b | 1.6 b | |||

## Retained Earnings | 1.4 b | 1.5 b | 1.6 b | 2 b | |||

## Total Equity | 3.4 b | 3 b | 2.7 b | 2.8 b | |||

## Debt to Equity Ratio | 1.4 x | ||||||

## Debt to Assets Ratio | 0.3 x | ||||||

## Financial Leverage | 3.2 x | 3.6 x | 4.4 x | 4.4 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 1.3 b | 1.4 b | 1.5 b | 1.3 b |

## Depreciation and Amortization | 436 m | 486 m | 447 m | 570 m |

## Accounts Receivable | (240 m) | 48 m | (210 m) | (199 m) |

## Inventories | (27 m) | 9 m | (38 m) | (53 m) |

## Accounts Payable | 254 m | (3 m) | 194 m | 31 m |

## Cash From Operating Activities | 1.8 b | 2.1 b | 1.7 b | 1.9 b |

## Capital Expenditures | (682 m) | (855 m) | (704 m) | (828 m) |

## Cash From Investing Activities | (655 m) | (1.2 b) | (1.7 b) | (578 m) |

## Cash From Financing Activities | (822 m) | (1.4 b) | (284 m) | (1.1 b) |

## Free Cash Flow | 2.4 b | 3 b | 2.4 b | 1.1 b |

USD | Y, 2016 |
---|---|

## EV/EBIT | 41.8 x |

## EV/CFO | 14.1 x |

## EV/FCF | 24.6 x |

## Revenue/Employee | 6.9 |

## Debt/Equity | 1.4 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 4.4 x |

Acquired Company | Date | Deal Size |
---|---|---|

Movimento | January 04, 2017 |

Source: 175 public H-1B filings from Delphi