Automotive and grid electrical-systems maker — wiring, connectors and high-voltage architecture — spun off from Aptiv.
Automotive and grid electrical-systems maker — wiring, connectors and high-voltage architecture — spun off from Aptiv.
Wins a place on each vehicle platform years before production, then ships wiring, connectors and power distribution parts in volume at agreed prices for the life of the model, so sales follow automakers' production schedules. Wiring harnesses are labour-heavy, so factories in lower-cost countries matter.
In one line: A spun-off Aptiv electrical unit.
Moat: narrow (switching costs, scale, installed base). Deeply engineered into OEM vehicle platforms; automakers rarely re-source wiring architecture mid-program.
Headquarters: Schaffhausen, Switzerland · Founded: 2026 · Employees: 138,000
Size Versigent (VGNT) is a United States Consumer Discretionary company (Electrical Products) with a market value of $2.90B, the 1574th largest of 3,117 United States companies the cockpit tracks. Shares closed at $40.96 on 6 Nov 2026.
Performance Over six months the shares fell 2.1%, against -31.9% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 6 in its peer set.
Growth Revenue grew 6.1% over the last twelve months (peer median -2.6%); the operating margin is 7.6% (peer median 6.8%).
Valuation It trades at 5.7× forward earnings.
Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -6 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 12.5 points above its cost of capital (10.7% WACC).
Short interest Short interest is 3.7% of the free float (15 Oct 2026).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | $8.82B | $8.31B | $8.83B | $8.02B |
| Revenue growth | — | +6% | -6% | +10% | — |
| Gross profit | n/a | $1.09B | $947M | $1.07B | $870M |
| EBITDA | n/a | $897M | $738M | $892M | $710M |
| Net income | n/a | $528M | $408M | $423M | $454M |
| Free cash flow | n/a | $481M | $501M | -$64.0M | $383M |
| Capital expenditure | n/a | $160M | $206M | $244M | $223M |
| Total debt | $2.34B | $243M | $419M | $273M | n/a |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Versigent VGNT | $2.90B | -2% | +6% | 8% | 5.7× | -2.5% |
| Aptiv APTV | $7.98B | -32% | -5% | 10% | 6.8× | -6.8% |
| Sensata Technologies ST | $5.72B | -13% | +4% | 16% | 9.9× | 5.2% |
| TE Connectivity TEL | $59.5B | +1% | +15% | 22% | 15.1× | 8.2% |
| Lear LEA | $5.31B | -21% | +4% | 4% | 6.9× | -1.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | VGNT | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.2% | -6.5% | 3rd lowest of 6 |
| 6-month return | -2.1% | -31.9% | 2nd highest of 6 |
| Distance from 52-week high | -19.5% | -55.6% | highest of 6 |
| Revenue growth (TTM) | +6.1% | -2.6% | 2nd highest of 5 |
| Operating margin | 7.6% | 6.8% | 3rd highest of 5 |
| Forward P/E | 5.7× | n/a | — |
| Growth the price implies (Req g, 7 yrs) | -2.5% | n/a | — |
| Growth delivered (Del g) | +3.2% | n/a | — |
| Hurdle (Req g minus delivered) | -5.8 pp | n/a | — |
| ROIC minus cost of capital | +12.5 pp | +0.2 pp | highest of 6 |
| EV / EBITDA | 5.4× | n/a | — |
| Net debt / EBITDA | 1.9× | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Versigent VGNT | United States | $2.90B | -2% | +6% | 8% | 5.7× | -2.5% | +3.2% |
| QuantumScape QS | United States | $2.66B | -43% | n/a | n/a | n/a | n/a | n/a |
| Hankook & 000240.KS | South Korea | $1.71B | -2% | +13% | 28% | n/a | -12.0% | +14.7% |
| Aptiv APTV | United States | $7.98B | -32% | -5% | 10% | 6.8× | -6.8% | +9.3% |
| Solid Power SLDP | United States | $453M | -35% | -66% | -1,475% | n/a | n/a | n/a |
| BYD 1211.HK | Hong Kong | $98.9B | -26% | 0% | 4% | 15.8× | n/a | n/a |