-1.55%
1.12%
14.88%
29.23%
60.91%
39.91%
87.68%
AI Spotlight on DORM
Company Description
Dorman Products, Inc.supplies replacement parts and fasteners for passenger cars, light trucks, and medium- and heavy-duty trucks in the automotive aftermarket industry worldwide.It offers original equipment dealer products, such as intake and exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation coolers, and complex electronics modules; fluid reservoirs, variable valve timing components, complex electronics, and integrated door lock actuators; and oil drain plugs, and wheel bolts and lug nuts.
The company also provides automotive replacement parts, including door handles, keyless remotes and cases, and door hinge repairs; and heavy duty aftermarket parts for class 4-8 vehicles, such as lighting, cooling, engine management, wheel hardware, air tanks, and cab products.It offers powertrain products comprising cooling products, harmonic balancers, fluid lines and reservoirs, connectors, 4-wheel drive components, other engine, and transmission and axle components; and chassis products, such as control arms, ball joints, tie-rod ends, brake hardware and hydraulics, axle hardware, suspension arms, knuckles, links, bushings, leaf springs, other suspension, steering, and brake components.The company also provides automotive body products, including window lift motors, switches and handles, wiper, and other interior and exterior automotive body components; and hardware products comprising threaded bolts; automotive and home electrical wiring components; and other hardware assortments and merchandise.
It offers its products under the OE Solutions, HELP!, OE FIX, Conduct-Tite, and HD Solutions brands through automotive aftermarket retailers, such as on-line platforms; national, regional, and local warehouse distributors; and specialty markets; salvage yards; local independent parts wholesalers; and mass merchants.The company was founded in 1918 and is headquartered in Colmar, Pennsylvania.
Market Data
| Last Price | 131 |
| Change Percentage | -1.55% |
| Open | 132.45 |
| Previous Close | 133.06 |
| Market Cap ( Millions) | 3998 |
| Volume | 28114 |
| Year High | 146.6 |
| Year Low | 79.43 |
| M A 50 | 133.55 |
| M A 200 | 110.76 |
Financial Ratios
| FCF Yield | 4.43% |
| Dividend Yield | 0.00% |
| ROE | 15.55% |
| Debt / Equity | 46.01% |
| Net Debt / EBIDTA | 144.22% |
| Price To Book | 3.24 |
| Price Earnings Ratio | 21.56 |
| Price To FCF | 22.59 |
| Price To sales | 2.03 |
| EV / EBITDA | 12.47 |
News
- Dec -30 - Zacks Industry Outlook Dorman Products and Standard Motor Products
- Dec -27 - 2 Stocks to Watch From the Promising Auto Replacement Parts Industry
- Dec -23 - 5 Auto Stocks Poised to Continue Their Winning Streaks in 2025
- Dec -16 - Wall Street's 3 Favorite Auto Stocks Worth Buying for 2025
- Nov -14 - Are Auto-Tires-Trucks Stocks Lagging Dorman Products (DORM) This Year?
- Nov -06 - Dorman Products (DORM) Upgraded to Strong Buy: Here's What You Should Know
- Nov -06 - Dorman Products, Inc. (DORM) Hits Fresh High: Is There Still Room to Run?
- Nov -01 - Dorman Products, Inc. (DORM) Q3 2024 Earnings Call Transcript
- Oct -31 - Dorman Products (DORM) Tops Q3 Earnings Estimates
- Oct -21 - Aftermarket exclusives top Dorman's October new product releases
- Oct -10 - Dorman Products, Inc. Announces Date to Report Third Quarter 2024 Financial Results
- Oct -07 - These 2 Auto Replacement Parts Stocks Are Worth Watching Now
- Sep -16 - The Zacks Analyst Blog Blue Bird, BYD Co and Dorman
- Sep -13 - Brokers Bullish on These 3 Auto Stocks: Is There Still Time to Buy?
- Aug -22 - Here is Why Growth Investors Should Buy Dorman Products (DORM) Now
- Aug -14 - Dorman Products: Significant Bottom-Line Growth Turns Into Favorable Risk/Reward Prospect
- Aug -09 - 5 Relative Price Strength Stocks to Manage Market Volatility
- Aug -07 - Are You Looking for a Top Momentum Pick? Why Dorman Products (DORM) is a Great Choice
- Aug -07 - Dorman Products: Light Duty Segment Leads Sales Growth
- Aug -02 - Dorman Products, Inc. (DORM) Q2 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Light Duty
Expected Growth : 3.8 %
What the company do ?
Light Duty from Dorman Products, Inc. refers to a line of automotive parts designed for smaller vehicles, offering reliable and affordable solutions for everyday driving.
Why we expect these perspectives ?
Dorman Products' Light Duty segment growth of 3.8% is driven by increasing demand for automotive repair and maintenance, fueled by an aging vehicle fleet and rising miles driven. Additionally, the company's focus on innovation, expanded product offerings, and strategic partnerships contribute to its growth momentum.
Segment n°2 -> Heavy Duty
Expected Growth : 4.2 %
What the company do ?
Heavy Duty from Dorman Products, Inc. offers high-quality, reliable, and durable automotive replacement parts for heavy-duty trucks and trailers.
Why we expect these perspectives ?
Dorman Products' Heavy Duty segment growth of 4.2% is driven by increasing demand for aftermarket parts, expansion into new markets, and strategic partnerships. Additionally, the company's focus on innovation, quality, and customer satisfaction has led to market share gains. Furthermore, the growing average age of vehicles on the road and the need for replacement parts also contribute to the segment's growth.
Segment n°3 -> Specialty Vehicle
Expected Growth : 3.5 %
What the company do ?
Specialty Vehicle from Dorman Products, Inc. offers a range of innovative solutions for the automotive aftermarket, including repair and replacement parts for heavy-duty trucks, buses, and off-road vehicles.
Why we expect these perspectives ?
Dorman Products' Specialty Vehicle segment growth of 3.5% is driven by increasing demand for high-performance and specialty vehicles, rising aftermarket sales, and expanding product offerings in the commercial vehicle market. Additionally, the company's strategic acquisitions and partnerships have enhanced its product portfolio and distribution network, further fueling growth.
Dorman Products, Inc. Products
| Product Range | What is it ? |
|---|---|
| Replacement Parts | Dorman Products offers a wide range of replacement parts for vehicles, including brake pads, rotors, and wheel bearings. |
| OE Solutions | Dorman's OE Solutions provide original equipment quality parts for various vehicle systems, including steering, suspension, and engine components. |
| Aftermarket Parts | Dorman's aftermarket parts offer a cost-effective alternative to OEM parts, covering a broad range of vehicle systems and components. |
| Heavy Duty Products | Dorman's heavy-duty products cater to the needs of commercial vehicles, including trucks, buses, and trailers. |
| Automotive Hardware | Dorman's automotive hardware includes a variety of fasteners, clips, and other components for vehicle repair and maintenance. |
| Tools and Equipment | Dorman's tools and equipment are designed to simplify vehicle repair and maintenance tasks, including diagnostic tools and testing equipment. |
Dorman Products, Inc.'s Porter Forces
Threat Of Substitutes
Dorman Products, Inc. operates in the automotive aftermarket industry, which has a moderate threat of substitutes. While there are some substitutes available, they are not a significant threat to the company's business.
Bargaining Power Of Customers
Dorman Products, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often critical to the operation of vehicles, making it difficult for customers to negotiate prices.
Bargaining Power Of Suppliers
Dorman Products, Inc. relies on a network of suppliers for raw materials and components. While the company has some bargaining power due to its size, suppliers also have some leverage due to the specialized nature of the products.
Threat Of New Entrants
The automotive aftermarket industry has significant barriers to entry, including high capital requirements and regulatory hurdles. This makes it difficult for new entrants to compete with established companies like Dorman Products, Inc.
Intensity Of Rivalry
The automotive aftermarket industry is highly competitive, with many established players competing for market share. Dorman Products, Inc. faces intense competition from companies like AutoZone, O'Reilly Automotive, and Advance Auto Parts.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 33.65% |
| Debt Cost | 8.09% |
| Equity Weight | 66.35% |
| Equity Cost | 8.09% |
| WACC | 8.09% |
| Leverage | 50.72% |
Dorman Products, Inc. : Quality Control
Dorman Products, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| VC | Visteon Corporation, an automotive technology company, engineers, designs, and manufactures automotive electronics and connected car solutions for vehicle manufacturers worldwide. The company provides instrument clusters, including analog gauge clusters to … |
| GNTX | Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through … |
| BWA | BorgWarner Inc. provides solutions for combustion, hybrid, and electric vehicles worldwide. The company operates through four segments: Air Management, E-Propulsion & Drivetrain, Fuel Injection, and Aftermarket. The Air Management segment … |
| LEA | Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and … |
| LKQ | LKQ Corporation distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. It operates through three segments: North America, Europe, and Specialty. The company distributes bumper … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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BorgWarner
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Dorman Products
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Gentex
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Lear
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