(PHIN) PHINIA - Ratings and Ratios

PHINIA Inc., a company listed on the NYSE under the ticker symbol PHIN, specializes in enhancing combustion and hybrid propulsion systems for various vehicle types and industrial applications. Established in 2023 and headquartered in Auburn Hills, Michigan, PHINIA focuses on improving performance, efficiency, and emissions reduction through its two main segments: Fuel Systems and Aftermarket.

The Fuel Systems segment offers advanced solutions such as fuel injection systems, including pumps and injectors, complemented by software and calibration services. This segment aims to optimize fuel economy and emissions for both traditional and hybrid engines. In contrast, the Aftermarket segment provides starters, alternators, and remanufactured products, along with diagnostic solutions, catering to a broad range of vehicles including trucks, buses, and industrial machinery. PHINIAs strategic location in Michigan positions it advantageously within the automotive industry, allowing it to serve key markets effectively. With a market capitalization of approximately $2.008 billion, the company presents a notable valuation with a P/E ratio of 27.95 and a forward P/E of 10.31, indicating potential growth prospects.