| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
DORM Stock Overview
Dorman Products, Inc. supplies replacement parts and fasteners for passenger cars, light trucks, and medium- and heavy-duty trucks in the automotive aftermarket industry worldwide.
Rewards
Risk Analysis
No risks detected for DORM from our risk checks.
Dorman Products Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$111.58 |
| 52 Week High | US$122.96 |
| 52 Week Low | US$88.44 |
| Beta | 0.69 |
| 1 Month Change | 7.25% |
| 3 Month Change | 14.78% |
| 1 Year Change | 6.44% |
| 3 Year Change | 26.81% |
| 5 Year Change | 45.53% |
| Change since IPO | 5,479.00% |
Recent News & Updates
Dorman Products, Inc.'s (NASDAQ:DORM) Intrinsic Value Is Potentially 21% Below Its Share Price
In this article we are going to estimate the intrinsic value of Dorman Products, Inc. ( NASDAQ:DORM ) by taking the...
These 4 Measures Indicate That Dorman Products (NASDAQ:DORM) Is Using Debt Safely
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Shareholder Returns
| DORM | US Auto Components | US Market | |
|---|---|---|---|
| 7D | 6.6% | -5.1% | -2.5% |
| 1Y | 6.4% | -38.8% | -21.2% |
Return vs Industry: DORM exceeded the US Auto Components industry which returned -38.8% over the past year.
Return vs Market: DORM exceeded the US Market which returned -21.2% over the past year.
Price Volatility
| DORM volatility | |
|---|---|
| DORM Average Weekly Movement | 4.0% |
| Auto Components Industry Average Movement | 8.2% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: DORM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: DORM's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1918 | 3,360 | Kevin Olsen | https://www.dormanproducts.com |
Dorman Products, Inc. supplies replacement parts and fasteners for passenger cars, light trucks, and medium- and heavy-duty trucks in the automotive aftermarket industry worldwide. It offers original equipment dealer products, such as intake and exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation coolers, and complex electronics modules; fluid reservoirs, variable valve timing components, complex electronics, and integrated door lock actuators; and oil drain plugs, and wheel bolts and lug nuts. The company also provides automotive replacement parts, including door handles, keyless remotes and cases, and door hinge repairs; and heavy duty aftermarket parts for class 4-8 vehicles, such as lighting, cooling, engine management, wheel hardware, air tanks, and cab products.
Dorman Products Fundamentals Summary
| DORM fundamental statistics | |
|---|---|
| Market Cap | US$3.51b |
| Earnings (TTM) | US$134.01m |
| Revenue (TTM) | US$1.46b |
26.2x
P/E Ratio2.4x
P/S RatioIs DORM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DORM income statement (TTM) | |
|---|---|
| Revenue | US$1.46b |
| Cost of Revenue | US$967.18m |
| Gross Profit | US$491.64m |
| Other Expenses | US$357.63m |
| Earnings | US$134.01m |
Last Reported Earnings
Mar 26, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.26 |
| Gross Margin | 33.70% |
| Net Profit Margin | 9.19% |
| Debt/Equity Ratio | 23.9% |
How did DORM perform over the long term?
See historical performance and comparisonValuation
Is DORM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DORM?
Other financial metrics that can be useful for relative valuation.
| What is DORM's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$3.51b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.6x |
| Enterprise Value/EBITDA | 17.4x |
| PEG Ratio | 1.5x |
Price to Earnings Ratio vs Peers
How does DORM's PE Ratio compare to its peers?
| DORM PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 23.4x | ||
FOXF Fox Factory Holding | 20.1x | 17.6% | US$3.5b |
VC Visteon | 62.4x | 55.7% | US$2.9b |
LCII LCI Industries | 7.1x | -18.7% | US$2.9b |
ADNT Adient | 3.8x | 29.3% | US$2.8b |
DORM Dorman Products | 26.2x | 17.7% | US$3.5b |
Price-To-Earnings vs Peers: DORM is expensive based on its Price-To-Earnings Ratio (26.2x) compared to the peer average (23.4x).
Price to Earnings Ratio vs Industry
How does DORM's PE Ratio compare vs other companies in the US Auto Components Industry?
Price-To-Earnings vs Industry: DORM is expensive based on its Price-To-Earnings Ratio (26.2x) compared to the US Auto Components industry average (14.1x)
Price to Earnings Ratio vs Fair Ratio
What is DORM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 26.2x |
| Fair PE Ratio | 12.6x |
Price-To-Earnings vs Fair Ratio: DORM is expensive based on its Price-To-Earnings Ratio (26.2x) compared to the estimated Fair Price-To-Earnings Ratio (12.6x).
Share Price vs Fair Value
What is the Fair Price of DORM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DORM ($111.58) is trading above our estimate of fair value ($54.43)
Significantly Below Fair Value: DORM is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: DORM is poor value based on its PEG Ratio (1.5x)
Discover undervalued companies
Future Growth
How is Dorman Products forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
17.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DORM's forecast earnings growth (17.7% per year) is above the savings rate (1.9%).
Earnings vs Market: DORM's earnings (17.7% per year) are forecast to grow faster than the US market (13.6% per year).
High Growth Earnings: DORM's earnings are forecast to grow, but not significantly.
Revenue vs Market: DORM's revenue (7.8% per year) is forecast to grow slower than the US market (8.2% per year).
High Growth Revenue: DORM's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DORM's Return on Equity is forecast to be high in 3 years time
Discover growth companies
Past Performance
How has Dorman Products performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
1.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DORM has high quality earnings.
Growing Profit Margin: DORM's current net profit margins (9.2%) are lower than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: DORM's earnings have grown by 1.6% per year over the past 5 years.
Accelerating Growth: DORM's earnings growth over the past year (14.8%) exceeds its 5-year average (1.6% per year).
Earnings vs Industry: DORM earnings growth over the past year (14.8%) underperformed the Auto Components industry 24.5%.
Return on Equity
High ROE: DORM's Return on Equity (14%) is considered low.
Discover strong past performing companies
Financial Health
How is Dorman Products's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: DORM's short term assets ($1.1B) exceed its short term liabilities ($652.6M).
Long Term Liabilities: DORM's short term assets ($1.1B) exceed its long term liabilities ($112.3M).
Debt to Equity History and Analysis
Debt Level: DORM's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DORM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DORM's debt is well covered by operating cash flow (44.7%).
Interest Coverage: DORM's interest payments on its debt are well covered by EBIT (54.7x coverage).
Balance Sheet
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Dividend
What is Dorman Products's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DORM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DORM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DORM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DORM's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as DORM has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Kevin Olsen (50 yo)
6.08yrs
Tenure
US$3,377,508
Compensation
Mr. Kevin M. Olsen has been President of Dorman Products, Inc. since August 6, 2018 and serves as its Chief Executive Officer and Director since January 1, 2019. He served as Chief Operating Officer of Dor...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD3.38M) is below average for companies of similar size in the US market ($USD6.91M).
Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: DORM's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: DORM's board of directors are considered experienced (5.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Dorman Products, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Dorman Products, Inc.
- Ticker: DORM
- Exchange: NasdaqGS
- Founded: 1918
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: US$3.509b
- Shares outstanding: 31.45m
- Website: https://www.dormanproducts.com
Number of Employees
Location
- Dorman Products, Inc.
- 3400 East Walnut Street
- Colmar
- Pennsylvania
- 18915
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/03 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2022/03/26 |
| Annual Earnings | 2021/12/25 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.