company background image
PRTS

CarParts.comNasdaqGS:PRTS Stock Report

Market Cap

US$649.9m

7D

-5.5%

1Y

-22.0%

Updated

02 Dec, 2021

Data

Company Financials +
PRTS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

PRTS Stock Overview

CarParts.com, Inc., together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines.

CarParts.com Competitors

Amazon.com

NasdaqGS:AMZN

US$1.8t

eBay

NasdaqGS:EBAY

US$42.2b

Tesla

NasdaqGS:TSLA

US$1.2t

Johnson Controls International

NYSE:JCI

US$52.7b

Price History & Performance

Summary of all time highs, changes and price drops for CarParts.com
Historical stock prices
Current Share PriceUS$12.26
52 Week HighUS$23.26
52 Week LowUS$11.57
Beta2.54
1 Month Change-19.02%
3 Month Change-29.42%
1 Year Change-22.01%
3 Year Change880.80%
5 Year Change284.33%
Change since IPO3.03%

Recent News & Updates

Oct 22

CarParts.com: Risk Of A Temporary Blip In Performance

CarParts.com operates in an interesting space that does have attractive long-term potential for shareholders. Even so, the company's financial picture has been volatile over time and the lack of consistency is concerning. Although actual risk for the business appears low, there's a chance the recent improvement in performance is driven in part by the pandemic. Shares also look pricey for a company lacking consistency.

Shareholder Returns

PRTSUS Online RetailUS Market
7D-5.5%-6.1%-4.9%
1Y-22.0%-13.2%17.8%

Return vs Industry: PRTS underperformed the US Online Retail industry which returned -13.2% over the past year.

Return vs Market: PRTS underperformed the US Market which returned 17.8% over the past year.

Price Volatility

Is PRTS's price volatile compared to industry and market?
PRTS volatility
PRTS Average Weekly Movement5.9%
Online Retail Industry Average Movement8.8%
Market Average Movement6.0%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.4%

Stable Share Price: PRTS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PRTS's weekly volatility has decreased from 11% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19951,649Lev Pekerhttps://www.carparts.com

CarParts.com, Inc., together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories to individual consumers through its network of e-commerce Websites and online marketplaces. The company also sells auto parts to collision repair shops; markets Kool-Vue products to auto parts wholesale distributors; and aftermarket catalytic converters under the Evan Fischer brand.

CarParts.com Fundamentals Summary

How do CarParts.com's earnings and revenue compare to its market cap?
PRTS fundamental statistics
Market CapUS$649.92m
Earnings (TTM)-US$8.80m
Revenue (TTM)US$563.91m

1.1x

P/S Ratio

-73.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRTS income statement (TTM)
RevenueUS$563.91m
Cost of RevenueUS$372.42m
Gross ProfitUS$191.49m
ExpensesUS$200.29m
Earnings-US$8.80m

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.17
Gross Margin33.96%
Net Profit Margin-1.56%
Debt/Equity Ratio0%

How did PRTS perform over the long term?

See historical performance and comparison

Valuation

Is CarParts.com undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PRTS ($12.26) is trading below our estimate of fair value ($44.33)

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


Price To Earnings Ratio

PE vs Industry: PRTS is unprofitable, so we can't compare its PE Ratio to the US Online Retail industry average.

PE vs Market: PRTS 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 PRTS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PRTS is overvalued based on its PB Ratio (6.8x) compared to the US Online Retail industry average (3.8x).


Future Growth

How is CarParts.com forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

72.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRTS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: PRTS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PRTS's is expected to become profitable in the next 3 years.

Revenue vs Market: PRTS's revenue (19.2% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: PRTS'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 PRTS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has CarParts.com performed over the past 5 years?

-49.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRTS is currently unprofitable.

Growing Profit Margin: PRTS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PRTS is unprofitable, and losses have increased over the past 5 years at a rate of 49.7% per year.

Accelerating Growth: Unable to compare PRTS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PRTS is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (78.8%).


Return on Equity

High ROE: PRTS has a negative Return on Equity (-9.31%), as it is currently unprofitable.


Financial Health

How is CarParts.com's financial position?


Financial Position Analysis

Short Term Liabilities: PRTS's short term assets ($166.9M) exceed its short term liabilities ($93.5M).

Long Term Liabilities: PRTS's short term assets ($166.9M) exceed its long term liabilities ($33.9M).


Debt to Equity History and Analysis

Debt Level: PRTS is debt free.

Reducing Debt: PRTS had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PRTS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PRTS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is CarParts.com current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PRTS'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 PRTS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Lev Peker (39 yo)

2.83yrs

Tenure

US$1,994,392

Compensation

Mr. Lev Peker has been Chief Executive Officer and Director of CarParts.com, Inc. (formerly known as U.S. Auto Parts Network, Inc.). since January 2, 2019. Mr. Peker served as Chief Marketing Officer of Ad...


CEO Compensation Analysis

Compensation vs Market: Lev's total compensation ($USD1.99M) is about average for companies of similar size in the US market ($USD2.31M).

Compensation vs Earnings: Lev's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: PRTS's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: PRTS's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: CarParts.com, Inc.
  • Ticker: PRTS
  • Exchange: NasdaqGS
  • Founded: 1995
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$649.925m
  • Shares outstanding: 52.54m
  • Website: https://www.carparts.com

Number of Employees


Location

  • CarParts.com, Inc.
  • 2050 West 190th Street
  • Suite 400
  • Torrance
  • California
  • 90504
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/02 00:03
End of Day Share Price2021/12/01 00:00
Earnings2021/10/02
Annual Earnings2021/01/02


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.