Dorman Products Intrinsic Value Calculator – Principal Financial Group Reduces Stake in Dorman Products,
December 15, 2023
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Dorman Products ($NASDAQ:DORM), Inc. is an American automotive parts supplier and marketer of original equipment dealer exclusive automotive replacement parts and fasteners. It is one of the largest and fastest-growing suppliers of original equipment dealer exclusive automotive replacement parts, fasteners, and service line products in the United States. Recently, Principal Financial Group Inc. has reduced its stock holdings in Dorman Products, Inc. This reduction in stock holdings reflects the financial group’s lower confidence in Dorman Products, Inc., likely due to unfavorable market conditions or other factors. Dorman Products, Inc. has a wide variety of products, ranging from automotive parts to engine components.
The company is constantly innovating and expanding its product range to stay competitive in the market. It has also strengthened its customer service and support in order to better meet customer needs. With its dedication to quality and customer service, Dorman Products, Inc. continues to be a leader in the automotive parts industry.
Price History
Principal Financial Group Inc. has recently reduced its stake in DORMAN PRODUCTS, Inc. On Monday, the stock opened at $71.7 and closed at $72.2, up by 1.2% from the previous closing price of 71.3. This news of Principal Financial Group Inc. reducing its stake in DORMAN PRODUCTS, Inc. had a marginal effect on the stock price. Despite this, it still remains to be seen what impact this move will have on the company’s performance in the long-term. 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
At GoodWhale, we recently conducted an analysis of DORMAN PRODUCTS‘s wellbeing. Through our proprietary Valuation Line, we have determined that the fair value of DORMAN PRODUCTS share is around $124.2. However, currently the stock is trading at $72.2 – undervalued by 41.9%. This presents a possible opportunity to buy the stock at a discounted rate. More…
Peers
The company competes with Hwaseung R&A Co Ltd, Shanghai Baolong Automotive Corp, Inter Cars SA. Dorman Products Inc offers a wide range of products including engine parts, suspension parts, electrical parts, and more. The company has a strong focus on quality and customer service.
– Hwaseung R&A Co Ltd ($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
Investing analysis of Dorman Products, Inc. (DORM) has recently been subject to examination by Principal Financial Group Inc., one of the world’s largest asset managers. Following this review, Principal Financial Group Inc. has reduced its holdings in the company. The reasons behind the decrease in holdings are not yet known, but it is likely indicative of a change in investor sentiment. Investors should remain vigilant and monitor any further announcements from the company as well as any subsequent effects on the share price.
DORM is a Delaware-based supplier of original equipment dealer “exclusive” automotive replacement parts and fasteners. It distributes repair parts to the automotive aftermarket, including retail auto parts stores and warehouse distributors.
