MOTORCAR PARTS OF AMERICA IN (MPAA)
US6200711009 - Common Stock
Taking everything into account, MPAA scores 3 out of 10 in our fundamental rating. MPAA was compared to 43 industry peers in the Automobile Components industry. MPAA may be in some trouble as it scores bad on both profitability and health. MPAA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
MPAA had positive earnings in the past year.
In the past year MPAA had a positive cash flow from operations.
In multiple years MPAA reported negative net income over the last 5 years.
In multiple years MPAA reported negative operating cash flow during the last 5 years.
1.2 Ratios
MPAA's Return On Assets of -4.93% is on the low side compared to the rest of the industry. MPAA is outperformed by 71.43% of its industry peers.
MPAA's Return On Equity of -17.43% is on the low side compared to the rest of the industry. MPAA is outperformed by 76.19% of its industry peers.
MPAA has a Return On Invested Capital (5.29%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for MPAA is significantly below the industry average of 9.37%.
The last Return On Invested Capital (5.29%) for MPAA is above the 3 year average (3.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.93% | ||
| ROE | -17.43% | ||
| ROIC | 5.29% |
ROA(3y)0.95%
ROA(5y)0.14%
ROE(3y)2.73%
ROE(5y)0.55%
ROIC(3y)3.22%
ROIC(5y)3.43%
1.3 Margins
The Operating Margin of MPAA (6.68%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of MPAA has declined.
The Gross Margin of MPAA (18.53%) is comparable to the rest of the industry.
MPAA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.68% | ||
| PM (TTM) | N/A | ||
| GM | 18.53% |
OM growth 3Y-13.8%
OM growth 5Y-19.14%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.93%
GM growth 5Y-7.79%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MPAA is destroying value.
The number of shares outstanding for MPAA has been increased compared to 1 year ago.
Compared to 5 years ago, MPAA has more shares outstanding
Compared to 1 year ago, MPAA has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.21, we must say that MPAA is in the distress zone and has some risk of bankruptcy.
MPAA's Altman-Z score of 1.21 is on the low side compared to the rest of the industry. MPAA is outperformed by 71.43% of its industry peers.
MPAA has a debt to FCF ratio of 3.22. This is a good value and a sign of high solvency as MPAA would need 3.22 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.22, MPAA is doing good in the industry, outperforming 78.57% of the companies in the same industry.
A Debt/Equity ratio of 0.53 indicates that MPAA is somewhat dependend on debt financing.
MPAA has a Debt to Equity ratio (0.53) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 3.22 | ||
| Altman-Z | 1.21 |
ROIC/WACC0.33
WACC16.05%
2.3 Liquidity
A Current Ratio of 1.40 indicates that MPAA should not have too much problems paying its short term obligations.
MPAA has a Current ratio of 1.40. This is in the lower half of the industry: MPAA underperforms 69.05% of its industry peers.
A Quick Ratio of 0.39 indicates that MPAA may have some problems paying its short term obligations.
MPAA's Quick ratio of 0.39 is on the low side compared to the rest of the industry. MPAA is outperformed by 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
The earnings per share for MPAA have decreased strongly by -78.49% in the last year.
Measured over the past years, MPAA shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.76% on average per year.
Looking at the last year, MPAA shows a quite strong growth in Revenue. The Revenue has grown by 10.83% in the last year.
Measured over the past years, MPAA shows a quite strong growth in Revenue. The Revenue has been growing by 9.83% on average per year.
EPS 1Y (TTM)-78.49%
EPS 3Y-27.31%
EPS 5Y-18.76%
EPS growth Q2Q-228.57%
Revenue 1Y (TTM)10.83%
Revenue growth 3Y8.43%
Revenue growth 5Y9.83%
Revenue growth Q2Q13.22%
3.2 Future
MPAA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.79% yearly.
Based on estimates for the next years, MPAA will show a small growth in Revenue. The Revenue will grow by 6.64% on average per year.
EPS Next Y-35.24%
EPS Next 2Y-4.78%
EPS Next 3Y13.79%
EPS Next 5YN/A
Revenue Next Year7.52%
Revenue Next 2Y6.47%
Revenue Next 3Y6.64%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.75 indicates a rather expensive valuation of MPAA.
Compared to the rest of the industry, the Price/Earnings ratio of MPAA is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 28.15, MPAA is valued at the same level.
A Price/Forward Earnings ratio of 8.67 indicates a reasonable valuation of MPAA.
Based on the Price/Forward Earnings ratio, MPAA is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
MPAA is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.75 | ||
| Fwd PE | 8.67 |
4.2 Price Multiples
MPAA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MPAA is cheaper than 97.62% of the companies in the same industry.
MPAA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MPAA is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.07 | ||
| EV/EBITDA | 1.96 |
4.3 Compensation for Growth
MPAA's earnings are expected to grow with 13.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.78%
EPS Next 3Y13.79%
5. Dividend
5.1 Amount
MPAA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MOTORCAR PARTS OF AMERICA IN
NASDAQ:MPAA (5/17/2024, 7:14:14 PM)
4.95
-0.05 (-1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap97.32M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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EPS beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
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EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.75 | ||
| Fwd PE | 8.67 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.93% | ||
| ROE | -17.43% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.68% | ||
| PM (TTM) | N/A | ||
| GM | 18.53% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-78.49%
EPS 3Y-27.31%
EPS 5Y
EPS growth Q2Q
EPS Next Y-35.24%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.83%
Revenue growth 3Y8.43%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y