LKQ Stock Overview
LKQ Corporation distributes replacement parts, components, and systems used in the repair and maintenance of vehicles.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$49.98|
|52 Week High||US$60.43|
|52 Week Low||US$42.36|
|1 Month Change||-2.52%|
|3 Month Change||-2.42%|
|1 Year Change||-3.81%|
|3 Year Change||65.44%|
|5 Year Change||34.46%|
|Change since IPO||2,565.60%|
Recent News & Updates
LKQ (NASDAQ:LKQ) Shareholders Will Want The ROCE Trajectory To Continue
If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
LKQ appoints CEO for Europe, CFO for group
Alternative and specialty parts provider LKQ (NASDAQ:LKQ) said Varun Laroyia is appointed CEO and MD of LKQ Europe and Rick Galloway the group's senior vice president and CFO. The appointments are effective immediately. Laroyia, who serves as CFO and executive vice president of the group, succeeds Arnd Franz. Franz is leaving the company to join Mahle Group as CEO. Galloway serves as CFO of LKQ Wholesale, North America and self service segments. Source: Press Release
With EPS Growth And More, LKQ (NASDAQ:LKQ) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
|LKQ||US Retail Distributors||US Market|
Return vs Industry: LKQ underperformed the US Retail Distributors industry which returned 0.6% over the past year.
Return vs Market: LKQ exceeded the US Market which returned -18.8% over the past year.
|LKQ Average Weekly Movement||4.1%|
|Retail Distributors Industry Average Movement||7.3%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: LKQ is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: LKQ's weekly volatility (4%) has been stable over the past year.
About the Company
LKQ Corporation distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. It operates through three segments: North America, Europe, and Specialty. The company distributes bumper covers, automotive body panels, and lights, as well as automotive glass products, such as windshields; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries.
LKQ Fundamentals Summary
|LKQ fundamental statistics|
Is LKQ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LKQ income statement (TTM)|
|Cost of Revenue||US$7.83b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 27, 2022
|Earnings per share (EPS)||4.40|
|Net Profit Margin||9.17%|
How did LKQ perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is LKQ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LKQ?
Other financial metrics that can be useful for relative valuation.
|What is LKQ's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does LKQ's PE Ratio compare to its peers?
|LKQ PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
GPC Genuine Parts
FHAI Microalliance Group
Price-To-Earnings vs Peers: LKQ is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (46.9x).
Price to Earnings Ratio vs Industry
How does LKQ's PE Ratio compare vs other companies in the Global Retail Distributors Industry?
Price-To-Earnings vs Industry: LKQ is good value based on its Price-To-Earnings Ratio (11.4x) compared to the Global Retail Distributors industry average (14.3x)
Price to Earnings Ratio vs Fair Ratio
What is LKQ'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.
|Current PE Ratio||11.4x|
|Fair PE Ratio||12.4x|
Price-To-Earnings vs Fair Ratio: LKQ is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (12.4x).
Share Price vs Fair Value
What is the Fair Price of LKQ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LKQ ($49.98) is trading below our estimate of fair value ($87.36)
Significantly Below Fair Value: LKQ 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 and analysts are within a statistically confident range of agreement.
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How is LKQ forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LKQ's earnings are forecast to decline over the next 3 years (-1.4% per year).
Earnings vs Market: LKQ's earnings are forecast to decline over the next 3 years (-1.4% per year).
High Growth Earnings: LKQ's earnings are forecast to decline over the next 3 years.
Revenue vs Market: LKQ's revenue (2.8% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: LKQ's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LKQ's Return on Equity is forecast to be low in 3 years time (17.9%).
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How has LKQ performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LKQ has high quality earnings.
Growing Profit Margin: LKQ's current net profit margins (9.2%) are higher than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: LKQ's earnings have grown by 19.3% per year over the past 5 years.
Accelerating Growth: LKQ's earnings growth over the past year (27.9%) exceeds its 5-year average (19.3% per year).
Earnings vs Industry: LKQ earnings growth over the past year (27.9%) underperformed the Retail Distributors industry 39.3%.
Return on Equity
High ROE: LKQ's Return on Equity (21.5%) is considered high.
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How is LKQ's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LKQ's short term assets ($4.3B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: LKQ's short term assets ($4.3B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: LKQ's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: LKQ's debt to equity ratio has reduced from 78.4% to 41.1% over the past 5 years.
Debt Coverage: LKQ's debt is well covered by operating cash flow (50.6%).
Interest Coverage: LKQ's interest payments on its debt are well covered by EBIT (24.1x coverage).
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What is LKQ current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|LKQ Dividend Yield vs Market|
|Market Bottom 25% (US)||1.6%|
|Market Top 25% (US)||4.6%|
|Industry Average (Retail Distributors)||1.9%|
|Analyst forecast in 3 Years (LKQ)||2.3%|
Notable Dividend: LKQ's dividend (2%) is higher than the bottom 25% of dividend payers in the US market (1.6%).
High Dividend: LKQ's dividend (2%) is low compared to the top 25% of dividend payers in the US market (4.54%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether LKQ's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if LKQ's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.9%), LKQ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), LKQ's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nick Zarcone (64 yo)
Mr. Dominick Paul Zarcone, also known as Nick, has been the Chief Executive Officer and President of LKQ Corporation since May 2017 and has been its Director since May 8, 2017. Mr. Zarcone served as Chief...
CEO Compensation Analysis
|Nick Zarcone's Compensation vs LKQ Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$9m||US$1m|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$8m||US$963k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$6m||US$975k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$4m||US$955k|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||US$4m||US$736k|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||US$2m||US$500k|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||n/a||n/a|
|Dec 31 2015||US$5m||US$383k|
Compensation vs Market: Nick's total compensation ($USD9.45M) is about average for companies of similar size in the US market ($USD13.03M).
Compensation vs Earnings: Nick's compensation has increased by more than 20% in the past year.
Experienced Management: LKQ's management team is considered experienced (2.7 years average tenure).
Experienced Board: LKQ's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LKQ insiders have only sold shares in the past 3 months.
Recent Insider Transactions
|04 Aug 22||SellUS$88,304||John Mendel||Individual||1,617||US$54.61|
|29 Jul 22||SellUS$3,820,418||Joseph Holsten||Individual||70,000||US$54.58|
|17 May 22||SellUS$251,750,000||ValueAct Capital Management, L.P.||Company||5,000,000||US$50.35|
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||111,951||0.04%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
LKQ Corporation's employee growth, exchange listings and data sources
- Name: LKQ Corporation
- Ticker: LKQ
- Exchange: NasdaqGS
- Founded: 1998
- Industry: Distributors
- Sector: Retail
- Implied Market Cap: US$13.714b
- Shares outstanding: 274.39m
- Website: https://www.lkqcorp.com
Number of Employees
- LKQ Corporation
- 500 West Madison Street
- Suite 2800
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LKQ||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Oct 2003|
|LKQ1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 2003|
|0JSJ||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Oct 2003|
|L1KQ34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 1 REPR 1 SHS UNSPON||BR||BRL||Jan 2020|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/06 00:00|
|End of Day Share Price||2022/10/06 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.