• Strong Auto Brands include Chrysler, Jeep, Dodge, Peugeot, Fiat.
  • 7.7% Dividend Yield is the highest among peers.
  • Compelling valuation with a 4.3x P/E compared to sector median of 15.0x.
  • 2030 Strategic plan emphasizes global EV (Electrical Vehicles) capacity huge global base to pull from.
  • Realizing consumer gains from IRA (Inflation Reduction Act) in North America, focusing on larger utility vehicles in the United States.

Despite the strength of STLA’s portfolio and brands, the current price does not reflect this positioning in our opinion. STLA has an incredible valuation for its expected expansion in revenue of 65% by 2030. STLA has an actionable plan to shift its mix to EVs while also taking into account consumer and commercial demand. It has also significantly bolstered its OEM supply chain through battery and hydrogen production JVs. We believe that STLA is too profitable and too cheap to ignore.