MOTORCAR PARTS OF AMERICA IN (MPAA) Stock Fundamental Analysis
USA - NASDAQ:MPAA - US6200711009 - Common Stock
15.51 USD
-0.53 (-3.3%)
15.51 USD
0 (0%)
Taking everything into account, MPAA scores 4 out of 10 in our fundamental rating. MPAA was compared to 83 industry peers in the Automobile Components industry. The financial health of MPAA is average, but there are quite some concerns on its profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on MPAA.
1. Profitability
1.1 Basic Checks
In the past year MPAA was profitable.
MPAA had a positive operating cash flow in the past year.
In multiple years MPAA reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: MPAA reported negative operating cash flow in multiple years.
1.2 Ratios
With a Return On Assets value of 0.17%, MPAA is not doing good in the industry: 74.70% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 0.64%, MPAA is doing worse than 71.08% of the companies in the same industry.
MPAA's Return On Invested Capital of 7.10% is on the low side compared to the rest of the industry. MPAA is outperformed by 63.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MPAA is below the industry average of 8.51%.
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 72.29% of its industry peers.
MPAA has a Operating Margin (8.11%) which is comparable to the rest of the industry.
MPAA's Operating Margin has improved in the last couple of years.
MPAA's Gross Margin of 20.44% is on the low side compared to the rest of the industry. MPAA is outperformed by 69.88% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MPAA is destroying value.
The number of shares outstanding for MPAA has been reduced compared to 1 year ago.
MPAA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MPAA has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.49, we must say that MPAA is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.49, MPAA is doing worse than 83.13% 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.
The Debt to FCF ratio of MPAA (1.85) is better than 93.98% of its industry peers.
MPAA has a Debt/Equity ratio of 0.50. This is a neutral value indicating MPAA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.50, MPAA is doing worse than 69.88% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for MPAA, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | 1.49 |
ROIC/WACC0.44
WACC16.08%
2.3 Liquidity
A Current Ratio of 1.44 indicates that MPAA should not have too much problems paying its short term obligations.
The Current ratio of MPAA (1.44) is worse than 79.52% of its industry peers.
MPAA has a Quick Ratio of 1.44. This is a bad value and indicates that MPAA is not financially healthy enough and could expect problems in meeting its short term obligations.
MPAA's Quick ratio of 0.42 is on the low side compared to the rest of the industry. MPAA is outperformed by 92.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1603281467343896320.00% over the past year.
The earnings per share for MPAA have been decreasing by -23.49% on average. This is quite bad
Looking at the last year, MPAA shows a small growth in Revenue. The Revenue has grown by 6.60% in the last year.
Measured over the past years, MPAA shows a small growth in Revenue. The Revenue has been growing by 7.17% on average per year.
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
MPAA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 141.07% yearly.
MPAA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.73% yearly.
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 17.43, which indicates a rather expensive current valuation of MPAA.
MPAA's Price/Earnings ratio is in line with the industry average.
MPAA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.42.
Based on the Price/Forward Earnings ratio of 6.21, the valuation of MPAA can be described as very cheap.
80.72% of the companies in the same industry are more expensive than MPAA, based on the Price/Forward Earnings ratio.
MPAA is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.43 | ||
| Fwd PE | 6.21 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MPAA indicates a somewhat cheap valuation: MPAA is cheaper than 75.90% of the companies listed in the same industry.
MPAA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MPAA is cheaper than 97.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.2 | ||
| EV/EBITDA | 4.51 |
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.
MPAA's earnings are expected to grow with 141.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.07
PEG (5Y)N/A
EPS Next 2Y141.07%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for MPAA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
15.51
-0.53 (-3.3%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners88.61%
Inst Owner Change-1.7%
Ins Owners6.88%
Ins Owner Change11.19%
Market Cap300.12M
Analysts82.86
Price Target18.36 (18.38%)
Short Float %5.37%
Short Ratio5.33
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 | 17.43 | ||
| Fwd PE | 6.21 | ||
| P/S | 0.39 | ||
| P/FCF | 4.2 | ||
| P/OCF | 3.93 | ||
| P/B | 1.15 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | 4.51 |
EPS(TTM)0.89
EY5.74%
EPS(NY)2.5
Fwd EY16.11%
FCF(TTM)3.69
FCFY23.81%
OCF(TTM)3.95
OCFY25.44%
SpS40.09
BVpS13.44
TBVpS13.25
PEG (NY)0.07
PEG (5Y)N/A
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%
ROICexcg growth 3Y31%
ROICexcg 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 | 1.49 |
F-Score7
WACC16.08%
ROIC/WACC0.44
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%