Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts.
Fair value with moderate growth potential.
Share Price & News
How has Motorcar Parts of America's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MPAA's share price has been volatile over the past 3 months.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: MPAA underperformed the US Auto Components industry which returned -11.3% over the past year.
Return vs Market: MPAA underperformed the US Market which returned 6.1% over the past year.
Price Volatility Vs. Market
How volatile is Motorcar Parts of America's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StMotorcar Parts of America, Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
1 month ago | Simply Wall StThese 4 Measures Indicate That Motorcar Parts of America (NASDAQ:MPAA) Is Using Debt Extensively
2 months ago | Simply Wall StDoes Motorcar Parts of America, Inc.'s (NASDAQ:MPAA) CEO Pay Matter?
Is Motorcar Parts of America undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MPAA ($16.04) is trading below our estimate of fair value ($63.5)
Significantly Below Fair Value: MPAA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MPAA is unprofitable, so we can't compare its PE Ratio to the US Auto Components industry average.
PE vs Market: MPAA is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MPAA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MPAA is good value based on its PB Ratio (1.1x) compared to the US Auto Components industry average (1.4x).
How is Motorcar Parts of America forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MPAA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: MPAA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MPAA's is expected to become profitable in the next 3 years.
Revenue vs Market: MPAA's revenue (5.7% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: MPAA's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MPAA's Return on Equity is forecast to be low in 3 years time (10%).
How has Motorcar Parts of America performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MPAA is currently unprofitable.
Growing Profit Margin: MPAA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MPAA is unprofitable, and losses have increased over the past 5 years at a rate of -31.7% per year.
Accelerating Growth: Unable to compare MPAA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MPAA is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (3.5%).
Return on Equity
High ROE: MPAA has a negative Return on Equity (-2.65%), as it is currently unprofitable.
How is Motorcar Parts of America's financial position?
Financial Position Analysis
Short Term Liabilities: MPAA's short term assets ($409.1M) exceed its short term liabilities ($318.5M).
Long Term Liabilities: MPAA's short term assets ($409.1M) exceed its long term liabilities ($183.0M).
Debt to Equity History and Analysis
Debt Level: MPAA's debt to equity ratio (63.9%) is considered high.
Reducing Debt: MPAA's debt to equity ratio has increased from 40.7% to 63.9% over the past 5 years.
Debt Coverage: MPAA's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: MPAA is unprofitable, therefore interest payments are not well covered by earnings.
What is Motorcar Parts of America current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MPAA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MPAA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MPAA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MPAA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MPAA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Selwyn Joffe (63yo)
Mr. Selwyn H. Joffe, CPA has been the President and Chief Executive Officer of Motorcar Parts of America, Inc. since February 2003. Mr. Joffe has been the Chairman of the Board at Motorcar Parts of America ...
CEO Compensation Analysis
Compensation vs Market: Selwyn's total compensation ($USD3.68M) is above average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Selwyn's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||12.42yrs||US$643.46k||0.098% $298.1k|
|Chief Manufacturing Officer & Senior VP of Operations for Under-the-Car Product Lines||6.08yrs||US$513.07k||0.055% $168.1k|
|Chief Accounting Officer||0.67yr||no data||0.028% $85.1k|
|Vice President of Corporate Communications and Investor Relations||no data||no data||no data|
|VP, General Counsel & Secretary||0.83yr||no data||no data|
|Senior Vice President of Sales & Marketing||1.17yrs||US$192.99k||0.040% $121.3k|
|Chief Operating Officer of Canada||1.5yrs||no data||no data|
|Senior Vice President of Operations for Rotating Electrical||3.17yrs||no data||no data|
|Senior Vice President of Strategy and Government Relations||3.17yrs||no data||no data|
Experienced Management: MPAA's management team is considered experienced (3.2 years average tenure).
|Independent Lead Director||0.33yr||US$149.00k||0.047% $144.3k|
|Independent Director||15.67yrs||US$169.00k||0.070% $211.8k|
|Independent Director||15.67yrs||US$159.00k||0.15% $457.6k|
|Independent Director||12.5yrs||US$146.00k||0.25% $763.2k|
|Independent Director||12.08yrs||US$154.50k||0.030% $89.9k|
|Independent Director||11.42yrs||US$142.00k||0.23% $694.9k|
|Independent Director||3.42yrs||US$135.00k||0.040% $121.3k|
Experienced Board: MPAA's board of directors are seasoned and experienced ( 12.1 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Motorcar Parts of America, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Motorcar Parts of America, Inc.
- Ticker: MPAA
- Exchange: NasdaqGS
- Founded: 1968
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$304.317m
- Shares outstanding: 18.97m
- Website: https://www.motorcarparts.com
Number of Employees
- Motorcar Parts of America, Inc.
- 2929 California Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MPAA||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Mar 1994|
Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake-related products comprising brake calipers, brake boosters, and brake master cylinders; and diagnostics and other products, which consist of diagnostics systems and advanced power emulators that are used for development of electric vehicles and aerospace applications, as well as power electronic products for the development and production of electric vehicles and turbochargers. It also designs and manufactures test solutions for performance, endurance, and production testing of electric motors, inverters, alternators, starters, and belt starter generators for the original equipment, aerospace, and aftermarket. The company sells its products to automotive retail chain stores and warehouse distributors, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America. Motorcar Parts of America, Inc. was founded in 1968 and is headquartered in Torrance, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/11 00:04|
|End of Day Share Price||2020/07/10 00:00|
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.