We’ve recently updated our valuation analysis.

CarParts.com Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 PRTS?

Other financial metrics that can be useful for relative valuation.

PRTS 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/Revenue0.7x
Enterprise Value/EBITDA30x
PEG Ratio29.1x

Price to Sales Ratio vs Peers

How does PRTS's PS Ratio compare to its peers?

The above table shows the PS ratio for PRTS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.6x
HEPS D-Market Elektronik Hizmetler ve Ticaret
0.9x47.3%US$391.2m
BWMX Betterware de MéxicoP.I. de
0.5x18.2%US$304.4m
GCT GigaCloud Technology
0.5x8.2%US$241.7m
RERE ATRenew
0.5x23.4%US$701.9m
PRTS CarParts.com
0.6x15.9%US$385.2m

Price-To-Sales vs Peers: PRTS is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (0.6x).


Price to Earnings Ratio vs Industry

How does PRTS's PE Ratio compare vs other companies in the US Online Retail Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a38.9%
n/an/an/a

Price-To-Sales vs Industry: PRTS is good value based on its Price-To-Sales Ratio (0.6x) compared to the US Online Retail industry average (0.6x)


Price to Sales Ratio vs Fair Ratio

What is PRTS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PRTS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.6x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: PRTS is expensive based on its Price-To-Sales Ratio (0.6x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).


Share Price vs Fair Value

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

Below Fair Value: PRTS ($7.06) is trading below our estimate of fair value ($29.48)

Significantly Below Fair Value: PRTS 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?

The above table shows the analyst PRTS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$7.06
US$12.00
+70.0%
25.3%US$17.00US$9.00n/a5
Jan ’24US$6.26
US$12.00
+91.7%
25.3%US$17.00US$9.00n/a5
Dec ’23US$5.37
US$11.70
+117.9%
28.8%US$17.00US$7.50n/a5
Nov ’23US$4.66
US$16.40
+251.9%
13.7%US$20.00US$14.00n/a5
Oct ’23US$5.17
US$16.40
+217.2%
13.7%US$20.00US$14.00n/a5
Sep ’23US$6.37
US$16.40
+157.5%
13.7%US$20.00US$14.00n/a5
Aug ’23US$8.08
US$16.00
+98.0%
17.2%US$20.00US$12.00n/a5
Jul ’23US$7.26
US$16.00
+120.4%
17.2%US$20.00US$12.00n/a5
Jun ’23US$7.71
US$16.00
+107.5%
17.2%US$20.00US$12.00n/a5
May ’23US$5.99
US$17.00
+183.8%
26.0%US$25.00US$12.00n/a5
Apr ’23US$6.70
US$17.00
+153.7%
26.0%US$25.00US$12.00n/a5
Mar ’23US$7.90
US$19.50
+146.8%
18.7%US$25.00US$15.00n/a4
Feb ’23US$9.44
US$19.50
+106.6%
18.7%US$25.00US$15.00n/a4
Jan ’23US$11.20
US$21.00
+87.5%
12.1%US$25.00US$18.00US$6.264
Dec ’22US$12.26
US$26.00
+112.1%
13.0%US$30.00US$21.00US$5.374
Nov ’22US$15.14
US$26.00
+71.7%
13.0%US$30.00US$21.00US$4.664
Oct ’22US$15.82
US$26.00
+64.3%
13.0%US$30.00US$21.00US$5.174
Sep ’22US$17.80
US$26.00
+46.1%
13.0%US$30.00US$21.00US$6.374
Aug ’22US$17.61
US$24.25
+37.7%
20.3%US$30.00US$18.00US$8.084
Jul ’22US$19.19
US$24.25
+26.4%
20.3%US$30.00US$18.00US$7.264
Jun ’22US$16.30
US$24.25
+48.8%
20.3%US$30.00US$18.00US$7.714
May ’22US$17.28
US$22.75
+31.7%
18.2%US$28.00US$17.00US$5.994
Apr ’22US$15.43
US$22.75
+47.4%
18.2%US$28.00US$17.00US$6.704
Mar ’22US$19.17
US$24.00
+25.2%
15.6%US$28.00US$19.00US$7.903
Feb ’22US$16.49
US$19.00
+15.2%
4.3%US$20.00US$18.00US$9.443
Jan ’22US$12.39
US$18.00
+45.3%
10.4%US$20.00US$15.00US$11.204

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies