Strattec Security Corporation (STRT) Stock

Strattec Security Corporation (STRT) is a Consumer Discretionary stock trading at $79.44 (as of 2026-08-20), with a market capitalization of $331.96M and a trailing P/E of 14.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. The company offers mechanical and electronically enhanced locks and keys, passive entry passive start systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, and related products. It also provides full service and aftermarket support services for its products. The company markets its products to automotive and light truck original equipment manufacturers, as well as other transportation-related manufacturers; and through wholesale distributors, other marketers, and users of component parts, as well as certain products to non-automotive commercial customers. It also exports its products to Europe, South America, Korea, China, and India. Strattec Security Corporation was founded in 1908 and is headquartered in Milwaukee, Wisconsin.

Understand Strattec Security Corporation: how it makes money

Strattec Security Corporation designs, develops, and manufactures automotive access control products, such as locks, keys, and passive entry passive start systems, and sells them to automotive customers, with additional revenue from full service and aftermarket support.

The profit model is driven by program demand for automotive access control hardware and related aftermarket and service support, so results primarily track how much OEM and Tier 1 vehicle production requires these products in North America.

Business quality (Weak): A focused automotive access control supplier (hardware plus aftermarket support) with profitability reflected in relatively low operating margin, and with customer exposure to specific automakers and Tier 1 channels.

Valuation: At 14× earnings, STRT trades 32% below the Automobiles & Trucks average (20×). Note: one-time items can distort reported P/E.

Bull case

  • Product breadth in vehicle access and ignition components: The company offers mechanical and electronically enhanced locks and keys, passive entry passive start systems, ignition lock housings, latches, door handles, and related products.
  • Aftermarket and service support: It provides full service and aftermarket support for its products, which can help diversify revenue beyond initial hardware supply.
  • Clear customer base in the auto ecosystem: Net sales disclosures reference major OEMs and Tier 1 customers, indicating the products are integrated into automotive manufacturing supply chains.

Bear case

  • Automotive demand cyclicality risk: Because products are used in vehicles and sold to OEM and Tier 1 customers, sales and utilization can be sensitive to vehicle production schedules and changes in vehicle models.
  • Limited visibility from the provided operating metrics: No operating KPI labels were provided, so it is harder for investors to track the underlying drivers beyond reported margins and net sales.
  • Regional focus: The company markets its products primarily in North America, which can increase exposure to regional industry conditions.
  • Tight profitability in the latest period: With operating margin of 3.7% in the latest quarter provided, there may be limited cushion if input costs or customer pricing pressure increase.
Valuation — source: SEC EDGAR (first-party)
Price$79.44
Market Cap$331.96M
P/E Ratio14.5
EV / EBITDA3.7
Price / Book1.24
Price / Sales0.58
FCF Yield29.8%
DCF Value (model)$93.25
DCF Upside vs Price17.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$565.07M
Net Margin3.3%
Revenue Growth (YoY)-4.5%
EPS Growth (YoY)-41.0%
FCF Growth (YoY)-17.7%
Financial Health — source: SEC EDGAR
Altman Z-Score4.49 (safe)
Valuation vs Sector & Industry
Stock P/E14.5
Sector P/E (Consumer Discretionary)20.5
Industry P/E (Automobiles & Trucks)17.2
vs Sector-29.0%
vs Industry-15.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderGAMCO INVESTORS, INC. ET AL ($40.31M)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryAutomobiles & Trucks
CEOJennifer L. Slater
Employees3,365
CountryUS
IPO Date1995-02-23

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STRT earnings history · STRT institutional & insider holders · STRT KPIs & operating metrics · STRT financials · STRT investor presentations & press releases · STRT SEC filings · STRT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.