AI Spotlight on PRTS
Company Description
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.
Its flagship websites include www.carparts.com, www.jcwhitney.com, www.autopartswarehouse.com and www.usautoparts.com.The company was formerly known as U.S. Auto Parts Network, Inc.and changed its name to CarParts.com, Inc.
in July 2020.CarParts.com, Inc.was incorporated in 1995 and is headquartered in Torrance, California.
Market Data
Last Price | 1.16 |
Change Percentage | -4.13% |
Open | 1.21 |
Previous Close | 1.21 |
Market Cap ( Millions) | 67 |
Volume | 335390 |
Year High | 2.87 |
Year Low | 0.68 |
M A 50 | 1.07 |
M A 200 | 1.02 |
Financial Ratios
FCF Yield | -33.27% |
Dividend Yield | 0.00% |
ROE | -29.56% |
Debt / Equity | 45.06% |
Net Debt / EBIDTA | -45.80% |
Price To Book | 0.68 |
Price Earnings Ratio | -2.13 |
Price To FCF | -3.01 |
Price To sales | 0.11 |
EV / EBITDA | -5.81 |
News
- Jan -16 - CarParts.com, Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement
- Jan -14 - CarParts.com Unveils CarParts+: The Ultimate Membership for Drivers
- Dec -12 - CarParts.com Partners with Extend to Deliver Unmatched Shipping and Product Protection
- Nov -20 - CarParts.com Expands Assortment in Automotive Market with SimpleTire Partnership
- Oct -30 - CarParts.com, Inc. (PRTS) Q3 2024 Earnings Call Transcript
- Oct -29 - CarParts.com Reports Third Quarter 2024 Results
- Oct -09 - CarParts.
- Oct -08 - CarParts.com Sets Third Quarter 2024 Conference Call for Tuesday, October 29, 2024
- Jul -31 - CarParts.com, Inc. (PRTS) Q2 2024 Earnings Call Transcript
- Jul -30 - CarParts.com Reports Second Quarter 2024 Results
- Jul -24 - CarParts.com Opens New Las Vegas Fulfilment Center
- Jul -18 - CarParts.com Announces Appointment of CMO to Support Growth Plans
- Jul -09 - CarParts.com Sets Second Quarter 2024 Conference Call for Tuesday, July 30, 2024
- Jun -27 - CarParts.com Launches "Now That's My Speed" Campaign to Enhance Auto Parts Shopping
- May -08 - CarParts.com, Inc. (PRTS) Q1 2024 Earnings Call Transcript
- May -07 - CarParts.com Stalls With Q1 Earnings Drop
- May -07 - CarParts.com Reports First Quarter 2024 Results
- Apr -28 - 7 Penny Stocks to Buy on the Dip: April 2024
- Apr -16 - CarParts.com Sets First Quarter 2024 Conference Call for Tuesday, May 7, 2024
- Apr -05 - CarParts.com, Inc. Adopts Tax Benefits Preservation Plan
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> House Brands - Replacement Parts
Expected Growth : 12.0 %
What the company do ?
House Brands - Replacement Parts from CarParts.com, Inc. offers affordable, high-quality replacement parts for vehicles, backed by a 1-year warranty and 30-day money-back guarantee.
Why we expect these perspectives ?
Strong online presence, increasing demand for DIY car repairs, and strategic partnerships drive 12.0% growth in House Brands - Replacement Parts from CarParts.com, Inc. Additionally, expanding product offerings, competitive pricing, and efficient supply chain management contribute to the segment's rapid expansion.
Segment nΒ°2 -> House Brands - Hard Parts
Expected Growth : 11.5 %
What the company do ?
House Brands - Hard Parts from CarParts.com, Inc. offers high-quality, affordable replacement parts for vehicles, including brake pads, rotors, and more, with a focus on durability and performance.
Why we expect these perspectives ?
Strong online presence, increasing demand for DIY car repairs, and strategic partnerships drive 11.5% growth in House Brands - Hard Parts from CarParts.com, Inc. Additionally, expanding product offerings, competitive pricing, and efficient supply chain management contribute to the segment's growth.
Segment nΒ°3 -> Branded - Hard Parts
Expected Growth : 13.5 %
What the company do ?
Branded - Hard Parts from CarParts.com, Inc. refers to high-quality, branded automotive hard parts sourced directly from manufacturers, offered through CarParts.com, Inc.
Why we expect these perspectives ?
The 13.5% growth in Branded - Hard Parts from CarParts.com, Inc. is driven by increasing online demand for DIY car repairs, rising average order value, and expanding product offerings. Additionally, strategic partnerships, effective marketing, and a strong e-commerce platform contribute to the segment's growth.
Segment nΒ°4 -> Branded - Performance
Expected Growth : 14.0 %
What the company do ?
Branded - Performance from CarParts.com, Inc. refers to high-performance auto parts and accessories from well-known brands, offering enhanced speed, power, and style for vehicles.
Why we expect these perspectives ?
Strong e-commerce platform, increasing online car parts demand, effective marketing strategies, and expanding product offerings contribute to Branded segment's 14.0% growth. Additionally, strategic partnerships, improved customer experience, and efficient supply chain management also drive growth.
Segment nΒ°5 -> Branded - Replacement Parts
Expected Growth : 12.5 %
What the company do ?
Branded - Replacement Parts from CarParts.com, Inc. offers high-quality, OEM-compatible auto parts with a focus on customer satisfaction and convenience.
Why we expect these perspectives ?
Strong online presence, increasing demand for DIY car repairs, and growing market share in the automotive aftermarket drive the 12.5% growth of Branded - Replacement Parts from CarParts.com, Inc. Additionally, expanding product offerings, competitive pricing, and efficient supply chain management contribute to the segment's growth.
Carparts.Com, Inc. Products
Product Range | What is it ? |
---|---|
Auto Parts | CarParts.com offers a wide range of auto parts, including engine components, brake pads, suspension parts, and more. |
Performance Parts | High-performance parts for enthusiasts, including air intakes, exhaust systems, and suspension upgrades. |
Accessories | Interior and exterior accessories, such as floor mats, seat covers, and car covers. |
Collision Repair Parts | Replacement parts for collision repair, including bumpers, fenders, and body kits. |
Maintenance and Repair | Products for routine maintenance and repair, including oil filters, spark plugs, and brake fluid. |
Tools and Equipment | Specialized tools and equipment for DIY enthusiasts and professional mechanics. |
CarParts.com, Inc.'s Porter Forces
Threat Of Substitutes
CarParts.com, Inc. faces moderate threat from substitutes as customers have limited alternatives for purchasing auto parts online. However, the company's strong brand presence and wide product offerings mitigate this threat to some extent.
Bargaining Power Of Customers
CarParts.com, Inc. has a large customer base, but individual customers do not have significant bargaining power due to the company's dominant market position and wide product offerings.
Bargaining Power Of Suppliers
CarParts.com, Inc. relies on a diverse supplier base, which reduces the bargaining power of individual suppliers. However, the company still faces some pressure from suppliers, particularly those providing high-demand products.
Threat Of New Entrants
CarParts.com, Inc. operates in a highly competitive market, but the company's strong brand presence, wide product offerings, and established logistics network create barriers to entry for new entrants.
Intensity Of Rivalry
CarParts.com, Inc. operates in a highly competitive market with several established players, leading to intense rivalry. The company must continuously innovate and improve its offerings to maintain its market position.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 25.26% |
Debt Cost | 3.95% |
Equity Weight | 74.74% |
Equity Cost | 14.11% |
WACC | 11.54% |
Leverage | 33.79% |
CarParts.com, Inc. : Quality Control
CarParts.com, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
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