Dorman Products Intrinsic Value Calculator – Dorman Products Set to Grow as Automotive Aftermarket and Global Vehicle Sales Increase
December 12, 2023
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Dorman Products ($NASDAQ:DORM), Inc is a leading supplier of quality automotive replacement parts, hardware, and fasteners. The company provides various products and services to the automotive aftermarket including brakes, radiators, wheel hubs, water pumps, engine parts, wheel bearings and other related components. With the increasing demand from the automotive aftermarket and global vehicle sales, Dorman Products are set to experience great growth. For over a century, Dorman Products has been dedicated to providing high-quality replacement parts for customers.
The company’s commitment to innovation and efficiency has enabled it to remain competitive in the automotive aftermarket and continue to meet customer needs. With its wide range of products and its commitment to quality, the company is expected to experience growth as demand continues to rise.
Market Price
Monday marks another successful day for DORMAN PRODUCTS as the company’s stock opened at $74.7 and closed at $75.8, up by 1.2% from its previous closing price of 74.8. The company has seen increased revenue in the past couple of years and is well-positioned to capitalize on this growing trend. With their wide range of offerings, from electrical and lighting products to powertrain and climate control components, DORMAN PRODUCTS is set to continue its growth trajectory as demand for automotive aftermarket parts continues to increase. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dorman Products. More…
| Total Revenues | Net Income | Net Margin |
| 1.94k | 96.81 | 5.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dorman Products. More…
| Operations | Investing | Financing |
| 161.45 | -536.52 | 371.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dorman Products. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.26k | 1.13k | 35.83 |
Key Ratios Snapshot
Some of the financial key ratios for Dorman Products are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.4% | 15.9% | 8.9% |
| FCF Margin | ROE | ROA |
| 5.9% | 9.7% | 4.8% |
Analysis – Dorman Products Intrinsic Value Calculator
GoodWhale recently conducted an analysis of the financials of DORMAN PRODUCTS. After carefully examining the financial statements, we believe that the intrinsic value of the DORMAN PRODUCTS stock is around $122.5 as calculated by our proprietary Valuation Line. This indicates that the current market price of $75.8 undervalues this stock by a whopping 38.1%. Given this potential upside, it is worth considering investing in DORMAN PRODUCTS shares to capitalize on this undervaluation. More…
Peers
The company competes with Hwaseung R&A Co Ltd, Shanghai Baolong Automotive Corp, Inter Cars SA. Dorman Products Inc offers a wide range of products including engine parts, suspension parts, electrical parts, and more. The company has a strong focus on quality and customer service.
– Hwaseung R&A Co Ltd ($KOSE:378850)
Hwaseung R&A Co Ltd is a South Korean conglomerate. It is the holding company of the Hwaseung Group, which consists of businesses in the auto parts, chemicals, and electronics industries. The company has a market cap of 71.31B as of 2022, and a return on equity of 8.21%. Hwaseung R&A Co Ltd is a publicly traded company on the Korea Exchange (KRX).
– Shanghai Baolong Automotive Corp ($SHSE:603197)
Shanghai Baolong Automotive Corp is a publicly traded company with a market capitalization of $9.01 billion as of 2022. The company has a return on equity of 10.38%. Shanghai Baolong Automotive Corp is engaged in the manufacture and sale of automotive parts and components. The company’s products include engine parts, transmission parts, suspension parts, and electrical parts. Shanghai Baolong Automotive Corp has a strong presence in the Chinese automotive market and is expanding its operations into other markets, such as the United States.
– Inter Cars SA ($LTS:0LUR)
Inter Cars SA is a Polish automotive parts and accessories retailer and distributor. The company operates through three segments: Retail, Wholesale, and E-commerce. It offers a range of products, including car parts, tools, equipment, and chemicals. As of 2022, Inter Cars SA had a market cap of 5.24 billion Polish zlotys and a return on equity of 18.9%.
Summary
Dorman Products is a leading supplier of automotive parts and accessories, serving both the aftermarket and original equipment manufacturers. Recent growth has been driven by increasing demand in the automotive aftermarket due to a rise in global vehicle sales. With a strong presence in the aftermarket and an expanding portfolio of products, Dorman Products is well-positioned to benefit from the growing demand for automotive products. Investing in Dorman Products could prove to be a prudent decision, as the company is likely to experience steady growth in the foreseeable future.
