Dorman Products Inc

Find Ratings Reports
DORM : NASDAQ : Consumer Goods
$64.29 up 0.44 | 0.69%
Today's Range: 63.92 - 64.50
Avg. Daily Volume: 151,800
09/30/16 - 11:32 AM ET

Financial Analysis


DORMAN PRODUCTS INC's gross profit margin for the second quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago. DORMAN PRODUCTS INC is extremely liquid. Currently, the Quick Ratio is 3.87 which clearly shows the ability to cover any short-term cash needs. DORM managed to increase the liquidity from the same period a year ago, despite already having very strong liquidity to begin with. This would indicate improved cash flow.

During the same period, stockholders' equity ("net worth") has increased by 9.46% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q2 FY16 Q2 FY15
Net Sales ($mil)209.57198.72
EBITDA ($mil)45.6740.87
EBIT ($mil)40.9936.9
Net Income ($mil)25.9823.14


Balance Sheet Q2 FY16 Q2 FY15
Cash & Equiv. ($mil)87.967.2
Total Assets ($mil)636.97625.29
Total Debt ($mil)0.00.0
Equity ($mil)552.55504.77


Profitability Q2 FY16 Q2 FY15
Gross Profit Margin41.4440.53
EBITDA Margin21.7920.56
Operating Margin19.5618.57
Sales Turnover1.311.21
Return on Assets15.4614.02
Return on Equity17.8217.36
Debt Q2 FY16 Q2 FY15
Current Ratio6.215.24
Debt/Capital0.00.0
Interest Expense0.060.05
Interest Coverage661.11709.52


Share Data Q2 FY16 Q2 FY15
Shares outstanding (mil)34.6235.62
Div / share0.00.0
EPS0.750.65
Book value / share15.9614.17
Institutional Own % n/a n/a
Avg Daily Volume164796.0184209.0

Valuation


BUY. The current P/E ratio indicates a significant discount compared to an average of 42.19 for the Auto Components industry and a value on par with the S&P 500 average of 25.19. For additional comparison, its price-to-book ratio of 4.22 indicates a premium versus the S&P 500 average of 2.82 and a premium versus the industry average of 3.49. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
DORM 23.94 Peers 42.19   DORM 24.76 Peers 12.15

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

DORM is trading at a significant discount to its peers.

 

Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

DORM is trading at a significant premium to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
DORM 20.42 Peers 14.51   DORM 1.60 Peers 0.54

Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.

DORM is trading at a significant premium to its peers.

 

Premium. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

DORM trades at a significant premium to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
DORM 4.22 Peers 3.49   DORM 14.69 Peers -18.71

Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

DORM is trading at a premium to its peers.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

DORM is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
DORM 2.79 Peers 1.07   DORM 9.81 Peers 4.48

Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

DORM is trading at a significant premium to its industry.

 

Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

DORM has a sales growth rate that significantly exceeds its peers.

 

 

Latest Stock Upgrades/Downgrades