MOTORCAR PARTS OF AMERICA IN (MPAA) Stock Fundamental Analysis
USA - NASDAQ:MPAA - US6200711009 - Common Stock
17.73 USD
+0.66 (+3.87%)
17.73 USD
0 (0%)
MPAA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 82 industry peers in the Automobile Components industry. The financial health of MPAA is average, but there are quite some concerns on its profitability. MPAA may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year MPAA was profitable.
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
Looking at the Return On Assets, with a value of 0.17%, MPAA is doing worse than 76.83% of the companies in the same industry.
With a Return On Equity value of 0.64%, MPAA is not doing good in the industry: 73.17% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 7.10%, MPAA is doing worse than 64.63% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MPAA is below the industry average of 8.52%.
The 3 year average ROIC (4.70%) for MPAA is below the current ROIC(7.10%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.64% | ||
| ROIC | 7.1% |
ROA(3y)-2.44%
ROA(5y)-0.81%
ROE(3y)-8.71%
ROE(5y)-3.33%
ROIC(3y)4.7%
ROIC(5y)4.19%
1.3 Margins
MPAA's Profit Margin of 0.21% is on the low side compared to the rest of the industry. MPAA is outperformed by 74.39% of its industry peers.
With a Operating Margin value of 8.11%, MPAA perfoms like the industry average, outperforming 40.24% of the companies in the same industry.
MPAA's Operating Margin has improved in the last couple of years.
The Gross Margin of MPAA (20.44%) is worse than 70.73% of its industry peers.
In the last couple of years the Gross Margin of MPAA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.11% | ||
| PM (TTM) | 0.21% | ||
| GM | 20.44% |
OM growth 3Y22.75%
OM growth 5Y3.57%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.86%
GM growth 5Y-1.67%
2. Health
2.1 Basic Checks
MPAA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for MPAA has been reduced compared to 1 year ago.
The number of shares outstanding for MPAA has been increased compared to 5 years ago.
The debt/assets ratio for MPAA has been reduced compared to a year ago.
2.2 Solvency
MPAA has an Altman-Z score of 1.52. This is a bad value and indicates that MPAA is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.52, MPAA is doing worse than 80.49% of the companies in the same industry.
MPAA has a debt to FCF ratio of 1.85. This is a very positive value and a sign of high solvency as it would only need 1.85 years to pay back of all of its debts.
MPAA's Debt to FCF ratio of 1.85 is amongst the best of the industry. MPAA outperforms 93.90% of its industry peers.
A Debt/Equity ratio of 0.50 indicates that MPAA is somewhat dependend on debt financing.
MPAA's Debt to Equity ratio of 0.50 is on the low side compared to the rest of the industry. MPAA is outperformed by 69.51% of its industry peers.
Although MPAA does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | 1.52 |
ROIC/WACC0.47
WACC15.13%
2.3 Liquidity
MPAA has a Current Ratio of 1.44. This is a normal value and indicates that MPAA is financially healthy and should not expect problems in meeting its short term obligations.
MPAA has a worse Current ratio (1.44) than 80.49% of its industry peers.
A Quick Ratio of 0.42 indicates that MPAA may have some problems paying its short term obligations.
With a Quick ratio value of 0.42, MPAA is not doing good in the industry: 93.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
MPAA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1603281467343896320.00%, which is quite impressive.
The earnings per share for MPAA have been decreasing by -23.49% on average. This is quite bad
The Revenue has been growing slightly by 6.60% in the past year.
MPAA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.17% yearly.
EPS 1Y (TTM)1603281467343896300%
EPS 3Y-37.6%
EPS 5Y-23.49%
EPS Q2Q%139.39%
Revenue 1Y (TTM)6.6%
Revenue growth 3Y5.21%
Revenue growth 5Y7.17%
Sales Q2Q%10.88%
3.2 Future
Based on estimates for the next years, MPAA will show a very strong growth in Earnings Per Share. The EPS will grow by 141.07% on average per year.
The Revenue is expected to grow by 6.73% on average over the next years.
EPS Next Y253.44%
EPS Next 2Y141.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.61%
Revenue Next 2Y6.73%
Revenue Next 3YN/A
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.92, which indicates a rather expensive current valuation of MPAA.
MPAA's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.13, MPAA is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 7.09, the valuation of MPAA can be described as very cheap.
Based on the Price/Forward Earnings ratio, MPAA is valued cheaper than 80.49% of the companies in the same industry.
MPAA is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.92 | ||
| Fwd PE | 7.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MPAA is valued a bit cheaper than the industry average as 73.17% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MPAA indicates a rather cheap valuation: MPAA is cheaper than 98.78% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.8 | ||
| EV/EBITDA | 4.92 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MPAA's earnings are expected to grow with 141.07% in the coming years.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y141.07%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MPAA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
17.73
+0.66 (+3.87%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners88.61%
Inst Owner Change-3.58%
Ins Owners6.88%
Ins Owner Change11.19%
Market Cap343.08M
Revenue(TTM)775.83M
Net Income(TTM)1.66M
Analysts82.86
Price Target18.36 (3.55%)
Short Float %4.13%
Short Ratio4.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-40.09%
Min EPS beat(2)-50.98%
Max EPS beat(2)-29.19%
EPS beat(4)1
Avg EPS beat(4)-7.88%
Min EPS beat(4)-50.98%
Max EPS beat(4)68.85%
EPS beat(8)2
Avg EPS beat(8)-109.28%
EPS beat(12)2
Avg EPS beat(12)-99.19%
EPS beat(16)5
Avg EPS beat(16)-70.87%
Revenue beat(2)1
Avg Revenue beat(2)3.32%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)7.37%
Revenue beat(4)2
Avg Revenue beat(4)2.03%
Min Revenue beat(4)-0.72%
Max Revenue beat(4)7.37%
Revenue beat(8)3
Avg Revenue beat(8)-0.73%
Revenue beat(12)4
Avg Revenue beat(12)-1.99%
Revenue beat(16)8
Avg Revenue beat(16)1.26%
PT rev (1m)0%
PT rev (3m)12.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-24%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.92 | ||
| Fwd PE | 7.09 | ||
| P/S | 0.44 | ||
| P/FCF | 4.8 | ||
| P/OCF | 4.49 | ||
| P/B | 1.32 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 4.92 |
EPS(TTM)0.89
EY5.02%
EPS(NY)2.5
Fwd EY14.09%
FCF(TTM)3.69
FCFY20.83%
OCF(TTM)3.95
OCFY22.25%
SpS40.09
BVpS13.44
TBVpS13.25
PEG (NY)0.08
PEG (5Y)N/A
Graham Number16.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.64% | ||
| ROCE | 10.27% | ||
| ROIC | 7.1% | ||
| ROICexc | 7.25% | ||
| ROICexgc | 7.29% | ||
| OM | 8.11% | ||
| PM (TTM) | 0.21% | ||
| GM | 20.44% | ||
| FCFM | 9.21% |
ROA(3y)-2.44%
ROA(5y)-0.81%
ROE(3y)-8.71%
ROE(5y)-3.33%
ROIC(3y)4.7%
ROIC(5y)4.19%
ROICexc(3y)4.79%
ROICexc(5y)4.28%
ROICexgc(3y)4.82%
ROICexgc(5y)4.32%
ROCE(3y)7.05%
ROCE(5y)6.31%
ROICexgc growth 3Y31%
ROICexgc growth 5Y6.33%
ROICexc growth 3Y31.18%
ROICexc growth 5Y6.58%
OM growth 3Y22.75%
OM growth 5Y3.57%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.86%
GM growth 5Y-1.67%
F-Score7
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 1.85 | ||
| Debt/EBITDA | 1.79 | ||
| Cap/Depr | 48.37% | ||
| Cap/Sales | 0.63% | ||
| Interest Coverage | 1.33 | ||
| Cash Conversion | 104.54% | ||
| Profit Quality | 4312.07% | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 1.52 |
F-Score7
WACC15.13%
ROIC/WACC0.47
Cap/Depr(3y)28.8%
Cap/Depr(5y)54.02%
Cap/Sales(3y)0.45%
Cap/Sales(5y)1.02%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1603281467343896300%
EPS 3Y-37.6%
EPS 5Y-23.49%
EPS Q2Q%139.39%
EPS Next Y253.44%
EPS Next 2Y141.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.6%
Revenue growth 3Y5.21%
Revenue growth 5Y7.17%
Sales Q2Q%10.88%
Revenue Next Year8.61%
Revenue Next 2Y6.73%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y53.97%
EBIT growth 3Y29.14%
EBIT growth 5Y11%
EBIT Next Year207.86%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y262.02%
FCF growth 3YN/A
FCF growth 5Y54.54%
OCF growth 1Y285.13%
OCF growth 3YN/A
OCF growth 5Y19.32%
MOTORCAR PARTS OF AMERICA IN / MPAA FAQ
What is the ChartMill fundamental rating of MOTORCAR PARTS OF AMERICA IN (MPAA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to MPAA.
What is the valuation status for MPAA stock?
ChartMill assigns a valuation rating of 7 / 10 to MOTORCAR PARTS OF AMERICA IN (MPAA). This can be considered as Undervalued.
How profitable is MOTORCAR PARTS OF AMERICA IN (MPAA) stock?
MOTORCAR PARTS OF AMERICA IN (MPAA) has a profitability rating of 2 / 10.
What are the PE and PB ratios of MOTORCAR PARTS OF AMERICA IN (MPAA) stock?
The Price/Earnings (PE) ratio for MOTORCAR PARTS OF AMERICA IN (MPAA) is 19.92 and the Price/Book (PB) ratio is 1.32.
How financially healthy is MOTORCAR PARTS OF AMERICA IN?
The financial health rating of MOTORCAR PARTS OF AMERICA IN (MPAA) is 4 / 10.