Continental AG
CON: XETR (DEU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€882.00 | Txswcpb | Sryqkbk |
Continental Has Growth Potential in Automotive Electronics and Active Safety
Business Strategy and Outlook
Considering industry trends in connectivity, electronics, and safety, we think Continental's revenue will grow by roughly 2-4 percentage points more than our estimated 1%-3% long-term average annual growth in global vehicle production. Above-industry-average research and development spending enables consistent product and process innovation, supporting Continental's revenue growth, healthy return on invested capital, and a narrow economic moat rating.