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XPEL

XPEL NasdaqCM:XPEL Stock Report

Last Price

US$60.22

Market Cap

US$1.7b

7D

-7.7%

1Y

-25.6%

Updated

24 Sep, 2022

Data

Company Financials +
XPEL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends0/6

XPEL Stock Overview

XPEL, Inc. manufactures, sells, distributes, and installs after-market automotive products.

XPEL Competitors

Price History & Performance

Summary of all time highs, changes and price drops for XPEL
Historical stock prices
Current Share PriceUS$60.22
52 Week HighUS$87.01
52 Week LowUS$39.80
Beta1.54
1 Month Change-16.01%
3 Month Change28.29%
1 Year Change-25.64%
3 Year Change423.65%
5 Year Change3,888.08%
Change since IPO3,208.79%

Recent News & Updates

Sep 11
Is XPEL, Inc. (NASDAQ:XPEL) Potentially Undervalued?

Is XPEL, Inc. (NASDAQ:XPEL) Potentially Undervalued?

XPEL, Inc. ( NASDAQ:XPEL ), is not the largest company out there, but it led the NASDAQCM gainers with a relatively...

Aug 29
With EPS Growth And More, XPEL (NASDAQ:XPEL) Makes An Interesting Case

With EPS Growth And More, XPEL (NASDAQ:XPEL) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...

Shareholder Returns

XPELUS Auto ComponentsUS Market
7D-7.7%-10.4%-5.2%
1Y-25.6%-38.4%-23.0%

Return vs Industry: XPEL exceeded the US Auto Components industry which returned -38.4% over the past year.

Return vs Market: XPEL underperformed the US Market which returned -23.1% over the past year.

Price Volatility

Is XPEL's price volatile compared to industry and market?
XPEL volatility
XPEL Average Weekly Movement8.3%
Auto Components Industry Average Movement7.3%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: XPEL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: XPEL's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997709Ryan Papehttps://www.xpel.com

XPEL, Inc. manufactures, sells, distributes, and installs after-market automotive products. The company offers automotive surface and paint protection films, headlight protection, and automotive and architectural window films, as well as proprietary software. It also provides merchandise and apparel; ceramic coatings; and tools and accessories, which includes squeegees and microfiber towels, application fluids, plotter cutters, knives, and other products.

XPEL Fundamentals Summary

How do XPEL's earnings and revenue compare to its market cap?
XPEL fundamental statistics
Market CapUS$1.66b
Earnings (TTM)US$34.24m
Revenue (TTM)US$294.42m

48.6x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XPEL income statement (TTM)
RevenueUS$294.42m
Cost of RevenueUS$184.57m
Gross ProfitUS$109.84m
Other ExpensesUS$75.60m
EarningsUS$34.24m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.24
Gross Margin37.31%
Net Profit Margin11.63%
Debt/Equity Ratio31.2%

How did XPEL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is XPEL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for XPEL?

Other financial metrics that can be useful for relative valuation.

XPEL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.8x
Enterprise Value/EBITDA33.1x
PEG Ratio1.6x

Price to Earnings Ratio vs Peers

How does XPEL's PE Ratio compare to its peers?

XPEL PE Ratio vs Peers
The above table shows the PE ratio for XPEL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.9x
LCII LCI Industries
5.3x-28.5%US$2.6b
PATK Patrick Industries
2.9x-25.3%US$996.9m
DAN Dana
17.6x43.2%US$1.7b
THRM Gentherm
32.9x63.5%US$1.8b
XPEL XPEL
48.6x30.8%US$1.7b

Price-To-Earnings vs Peers: XPEL is expensive based on its Price-To-Earnings Ratio (48.6x) compared to the peer average (14.9x).


Price to Earnings Ratio vs Industry

How does XPEL's PE Ratio compare vs other companies in the US Auto Components Industry?

Price-To-Earnings vs Industry: XPEL is expensive based on its Price-To-Earnings Ratio (48.6x) compared to the US Auto Components industry average (18x)


Price to Earnings Ratio vs Fair Ratio

What is XPEL'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.

XPEL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio48.6x
Fair PE Ratio18.9x

Price-To-Earnings vs Fair Ratio: XPEL is expensive based on its Price-To-Earnings Ratio (48.6x) compared to the estimated Fair Price-To-Earnings Ratio (18.9x).


Share Price vs Fair Value

What is the Fair Price of XPEL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: XPEL ($60.22) is trading below our estimate of fair value ($97.66)

Significantly Below Fair Value: XPEL is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Future Growth

How is XPEL forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


30.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XPEL's forecast earnings growth (30.8% per year) is above the savings rate (1.9%).

Earnings vs Market: XPEL's earnings (30.8% per year) are forecast to grow faster than the US market (14.7% per year).

High Growth Earnings: XPEL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: XPEL's revenue (19.2% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: XPEL's revenue (19.2% 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 XPEL's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has XPEL performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


47.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: XPEL has a high level of non-cash earnings.

Growing Profit Margin: XPEL's current net profit margins (11.6%) are lower than last year (13.8%).


Past Earnings Growth Analysis

Earnings Trend: XPEL's earnings have grown significantly by 47% per year over the past 5 years.

Accelerating Growth: XPEL's earnings growth over the past year (15.2%) is below its 5-year average (47% per year).

Earnings vs Industry: XPEL earnings growth over the past year (15.2%) exceeded the Auto Components industry -17.5%.


Return on Equity

High ROE: XPEL's Return on Equity (33.2%) is considered high.


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Financial Health

How is XPEL's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: XPEL's short term assets ($107.6M) exceed its short term liabilities ($40.4M).

Long Term Liabilities: XPEL's short term assets ($107.6M) exceed its long term liabilities ($45.6M).


Debt to Equity History and Analysis

Debt Level: XPEL's net debt to equity ratio (22.2%) is considered satisfactory.

Reducing Debt: XPEL's debt to equity ratio has reduced from 53.8% to 31.2% over the past 5 years.

Debt Coverage: XPEL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: XPEL's interest payments on its debt are well covered by EBIT (59.8x coverage).


Balance Sheet


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Dividend

What is XPEL current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate XPEL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate XPEL'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 XPEL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XPEL'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 XPEL has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Ryan Pape (40 yo)

13.58yrs

Tenure

US$1,302,500

Compensation

Mr. Ryan L. Pape has been the Chief Executive Officer and President of XPEL Technologies Corp. since February 2009 and served as its Secretary. Mr. Pape serves as Chairman of XPEL, Inc. since November 2019...


CEO Compensation Analysis

Compensation vs Market: Ryan's total compensation ($USD1.30M) is below average for companies of similar size in the US market ($USD5.62M).

Compensation vs Earnings: Ryan's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: XPEL's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: XPEL's board of directors are seasoned and experienced ( 12.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: XPEL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

NasdaqCM:XPEL Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
16 Aug 22SellUS$6,104,315Mark AdamsIndividual70,900US$87.00
16 Aug 22SellUS$62,335Barry WoodIndividual742US$84.01
12 Aug 22SellUS$10,125,616Mark AdamsIndividual125,000US$81.01
23 May 22SellUS$477,024Mark AdamsIndividual9,938US$48.00
20 May 22SellUS$1,854,972Mark AdamsIndividual38,640US$48.01
18 May 22SellUS$2,434,382Mark AdamsIndividual50,669US$49.25
17 May 22SellUS$1,373,915Mark AdamsIndividual28,592US$49.18
13 May 22BuyUS$126,048Stacy BogartIndividual2,600US$48.48
13 May 22SellUS$4,010,908Mark AdamsIndividual82,846US$49.02
11 Oct 21SellUS$764,600John ConstantineIndividual10,000US$76.51
07 Oct 21SellUS$2,271,287John ConstantineIndividual30,000US$77.13
05 Oct 21SellUS$2,691,742John ConstantineIndividual35,000US$79.09
30 Sep 21SellUS$760,696John ConstantineIndividual10,000US$76.25

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 77.94% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
10.8%
Wasatch Advisors Inc
2,981,754$179.6m3.66%0.88%
10.56%
BlackRock, Inc.
2,917,123$175.7m7%no data
8.33%
Mark Adams
2,300,811$138.6m-7.85%no data
6.95%
Richard Crumly
1,919,099$115.6m-11.61%no data
5.25%
Jason Hirschman
1,450,100$87.3m0%no data
5.02%
Neuberger Berman Investment Advisers LLC
1,386,123$83.5m-1.47%0.08%
4.52%
The Vanguard Group, Inc.
1,248,855$75.2m-3.21%no data
4.21%
Ryan Pape
1,161,389$69.9m-0.67%no data
3.63%
Bares Capital Management, Inc.
1,003,354$60.4m11.05%2.25%
2.73%
John Constantine
754,559$45.4m0%no data
2.52%
Cowbird Capital LP
695,463$41.9m24.64%24.66%
2.07%
Columbia Management Investment Advisers, LLC
571,017$34.4m-2.7%0.01%
2.05%
State Street Global Advisors, Inc.
566,873$34.1m4.67%no data
1.51%
Capital Research and Management Company
416,678$25.1m0%no data
1.34%
Alta Fox Capital Management LLC
368,833$22.2m141.67%5.44%
1.23%
Geode Capital Management, LLC
340,591$20.5m6.88%no data
0.75%
Northern Trust Global Investments
205,963$12.4m13.88%no data
0.72%
Adirondack Retirement Specialists, Inc
199,258$12.0m39.87%12.51%
0.69%
Kent Lake Capital, LLC
190,000$11.4m3.92%6.47%
0.57%
Silvercrest Asset Management Group LLC
158,523$9.5m58.13%0.07%
0.54%
Pembroke Management Ltd.
149,630$9.0m111.03%0.81%
0.54%
BNY Mellon Asset Management
149,153$9.0m4.01%no data
0.49%
Morgan Stanley, Investment Banking and Brokerage Investments
134,092$8.1m5.73%no data
0.46%
Charles Schwab Investment Management, Inc.
127,887$7.7m4.21%no data
0.46%
Dimensional Fund Advisors LP
126,378$7.6m-10.67%no data

Company Information

XPEL, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: XPEL, Inc.
  • Ticker: XPEL
  • Exchange: NasdaqCM
  • Founded: 1997
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: US$1.663b
  • Shares outstanding: 27.62m
  • Website: https://www.xpel.com

Number of Employees


Location

  • XPEL, Inc.
  • 618 West Sunset Road
  • San Antonio
  • Texas
  • 78216
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XPELNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDOct 2006
XPXDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2006

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.