Dorman Products
Market Cap
US$2.7b
Last Updated
2019/10/24 00:03 UTC
Data Sources
Company Financials +
Executive Summary
Dorman Products, Inc. supplies automotive replacement parts, automotive hardware, and brake products to the automotive aftermarket and mass merchandise markets in the United States, Canada, Mexico, Europe, the Middle East, and Australia.
Snowflake
Fundamentals
Flawless balance sheet with limited growth.
Similar Companies
Share Price & News
How has Dorman Products's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.6%
DORM
2.7%
US Auto Components
0.07%
US Market
1 Year Return
16.0%
DORM
-0.2%
US Auto Components
8.9%
US Market
Return vs Industry: DORM exceeded the US Auto Components industry which returned -0.2% over the past year.
Return vs Market: DORM exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| DORM | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 2.7% | 0.07% |
| 30 Day | 5.0% | 4.5% | -0.3% |
| 90 Day | -3.2% | 0.04% | -1.6% |
| 1 Year | 16.0%16.0% | 1.4%-0.2% | 11.3%8.9% |
| 3 Year | 31.6%31.6% | 13.0%1.3% | 46.3%36.8% |
| 5 Year | 83.1%83.1% | 19.6%3.2% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is Dorman Products's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Should You Like Dorman Products, Inc.’s (NASDAQ:DORM) High Return On Capital Employed?1 month ago | Simply Wall St
Is Dorman Products, Inc.'s (NASDAQ:DORM) High P/E Ratio A Problem For Investors?1 month ago | Simply Wall St
Is Dorman Products, Inc.'s (NASDAQ:DORM) ROE Of 15% Impressive?Valuation
Is Dorman Products undervalued compared to its fair value and its price relative to the market?
23.72x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DORM ($82.05) is trading above our estimate of fair value ($9.97)
Significantly Below Fair Value: DORM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DORM is poor value based on its PE Ratio (23.7x) compared to the Auto Components industry average (16.3x).
PE vs Market: DORM is poor value based on its PE Ratio (23.7x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: DORM is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: DORM is overvalued based on its PB Ratio (3.6x) compared to the US Auto Components industry average (1.2x).
Next Steps
Future Growth
How is Dorman Products forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
18.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DORM's forecast earnings growth (18.3% per year) is above the savings rate (2.7%).
Earnings vs Market: DORM's earnings (18.3% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: DORM's earnings are forecast to grow, but not significantly.
Revenue vs Market: DORM's revenue (7.1% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: DORM's revenue (7.1% 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
Next Steps
Past Performance
How has Dorman Products performed over the past 5 years?
7.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: DORM's earnings have grown by 7.6% per year over the past 5 years.
Accelerating Growth: DORM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DORM had negative earnings growth (-0.3%) over the past year, making it difficult to compare to the Auto Components industry average (8.1%).
Return on Equity
High ROE: DORM's Return on Equity (15.1%) is considered low.
Return on Assets
ROA vs Industry: DORM has a higher Return on Assets than the Auto Components industry average last year.
Return on Capital Employed
ROCE Improving: DORM's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Dorman Products's financial position?
Financial Position Analysis
Short Term Liabilities: DORM's short term assets ($724.3M) exceeds its short term liabilities ($214.5M)
Long Term Liabilities: DORM's short term assets (724.3M) exceeds its long term liabilities (51.4M)
Debt to Equity History and Analysis
Debt Level: DORM is debt free.
Reducing Debt: DORM has not had any debt for past 5 years.
Debt Coverage: DORM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DORM has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: DORM has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if DORM's debt is covered by short term assets.
Next Steps
Dividend
What is Dorman Products's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate DORM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DORM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DORM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Dorman Products's salary, the management and board of directors tenure and is there insider trading?
0.8yrs
Average management tenure
CEO
Kevin Olsen (47yo)
0.8yrs
Tenure
US$873,328
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 has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
Management Age and Tenure
0.8yrs
Average Tenure
51yo
Average Age
Experienced Management: DORM's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Age and Tenure
3.5yrs
Average Tenure
63yo
Average Age
Experienced Board: DORM's board of directors are considered experienced (3.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Steven Berman (59yo)
Founder & Executive Chairman
- Tenure: 4.1yrs
- Compensation: US$765.61k
David Cohen (58yo)
Senior Vice President - Product
- Tenure: 2.3yrs
Tom Knoblauch (62yo)
Corporate Counsel
- Tenure: 0.5yrs
Mike Ginnetti (42yo)
VP & Corporate Controller
- Tenure: 0.6yrs
- Compensation: US$404.41k
Jeffery Darby (51yo)
Senior Vice President of Sales & Marketing
- Tenure: 8.7yrs
- Compensation: US$673.79k
Mike Kealey (44yo)
Executive Vice President of Commercial
- Tenure: 8.7yrs
- Compensation: US$1.53m
Kevin Olsen (47yo)
President
- Tenure: 0.8yrs
- Compensation: US$873.33k
Mike Dempsey
Senior Vice President of Supply Chain
- Tenure: 2.3yrs
David Hession
Senior VP & CFO
- Tenure: 0.6yrs
Joseph Braun
Senior VP & General Counsel
- Tenure: 0.5yrs
Board Members
Mike Stakias (69yo)
Independent Director
- Tenure: 4.1yrs
- Compensation: US$157.53k
Rich Riley (63yo)
Independent Director
- Tenure: 9.6yrs
- Compensation: US$165.03k
Steven Berman (59yo)
Founder & Executive Chairman
- Tenure: 4.1yrs
- Compensation: US$765.61k
Jack Gavin (63yo)
Independent Director
- Tenure: 3yrs
- Compensation: US$157.53k
Paul Lederer (80yo)
Lead Director
- Tenure: 0yrs
- Compensation: US$170.03k
Kelly Romano (57yo)
Independent Director
- Tenure: 1.9yrs
- Compensation: US$150.03k
Kevin Olsen (47yo)
President
- Tenure: 0.8yrs
- Compensation: US$873.33k
Company Information
Dorman Products, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Dorman Products, Inc.
- Ticker: DORM
- Exchange: NasdaqGS
- Founded: 1978
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$2.674b
- Shares outstanding: 32.60m
- Website: https://www.dormanproducts.com
Number of Employees
Location
- Dorman Products, Inc.
- 3400 East Walnut Street
- Colmar
- Pennsylvania
- 18915
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DORM | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Mar 1991 |
| RAB | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1991 |
Biography
Dorman Products, Inc. supplies automotive replacement parts, automotive hardware, and brake products to the automotive aftermarket and mass merchandise markets in the United States, Canada, Mexico, Europe, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/24 00:03 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/29 |
| Annual Earnings | 2018/12/29 |
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.