Pivotal Point Tracking Lear (LEA): Automotive supplier impresses with record order backlog and attractive P/E 2026e of 9.8!

Lear, a supplier of seating systems and electrical distribution systems in the automotive industry, exceeded expectations with its quarterly results on February 4 and raised its forecast for operating margin. With a long-term record order backlog of several billion USD, Lear is solidifying its market position. Particularly, the "E-Systems" segment is thriving with new orders amounting to 1.4 billion USD, as vehicle manufacturers increasingly turn to Lear’s integrated solutions for energy management and high-voltage wiring to reduce complexity...