(DORM) Dorman Products - Overview
Stock: Engine, Undercar, Steering, Electronics
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 32.1% |
| Relative Tail Risk | -12.9% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.06 |
| Alpha | -12.31 |
| Character TTM | |
|---|---|
| Beta | 0.675 |
| Beta Downside | 0.646 |
| Drawdowns 3y | |
|---|---|
| Max DD | 35.81% |
| CAGR/Max DD | 0.32 |
Description: DORM Dorman Products January 12, 2026
Dorman Products (NASDAQ:DORM) is a U.S.–based supplier of replacement and upgrade parts for the motor-vehicle aftermarket, serving both domestic and international customers through three operating segments: Light-Duty, Heavy-Duty, and Specialty Vehicle.
The company’s catalog spans engine components (intake/exhaust manifolds, fans, thermostats), under-car parts (fluid lines, axles, 4-WD components), steering and suspension hardware (control arms, ball joints, brake hardware), body and interior items (door handles, window regulators, lighting), electronics (remanufactured modules, sensors) and assorted hardware (bolts, wiring). These products are marketed under a portfolio of brands that includes DORMAN, DORMAN OE FIX, HELP!, Conduct-Tite, Dayton Parts, SuperATV, Keller Performance Products, Assault Industries, Gboost and GDP.
In its most recent fiscal year (2023), Dorman reported revenue of roughly $2.0 billion, an operating margin of ≈ 12 %, and diluted earnings per share of $2.30, reflecting a modest top-line growth rate of 4 % YoY. The firm’s inventory turnover improved to 6.2×, indicating tighter working-capital management, while its free-cash-flow conversion remained above 80 % of operating cash flow.
Key economic drivers for Dorman include the long-term growth of the automotive aftermarket, which historically expands at 3–4 % annually and is bolstered by rising vehicle age (average U.S. vehicle age ≈ 12 years). However, the transition to electric vehicles (EVs) introduces uncertainty: EVs have fewer moving parts, potentially compressing demand for traditional ICE-related components, while creating new opportunities in high-voltage and thermal-management parts. Consumer discretionary spending and the health of the used-car market also materially affect aftermarket volume.
For a deeper, data-driven assessment of Dorman’s valuation and risk profile, you may find it useful to explore the company’s analytics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 247.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -3.36 > 1.0 |
| NWC/Revenue: 47.05% < 20% (prev 38.32%; Δ 8.73% < -1%) |
| CFO/TA 0.06 > 3% & CFO 143.4m > Net Income 247.1m |
| Net Debt (499.3m) to EBITDA (416.2m): 1.20 < 3 |
| Current Ratio: 2.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (30.8m) vs 12m ago 0.14% < -2% |
| Gross Margin: 41.88% > 18% (prev 0.40%; Δ 4148 % > 0.5%) |
| Asset Turnover: 86.49% > 50% (prev 83.32%; Δ 3.17% > 0%) |
| Interest Coverage Ratio: 11.67 > 6 (EBITDA TTM 416.2m / Interest Expense TTM 30.9m) |
Altman Z'' 6.62
| A: 0.39 (Total Current Assets 1.52b - Total Current Liabilities 516.7m) / Total Assets 2.55b |
| B: 0.53 (Retained Earnings 1.36b / Total Assets 2.55b) |
| C: 0.15 (EBIT TTM 360.7m / Avg Total Assets 2.46b) |
| D: 1.26 (Book Value of Equity 1.35b / Total Liabilities 1.07b) |
| Altman-Z'' Score: 6.62 = AAA |
Beneish M -3.17
| DSRI: 0.84 (Receivables 520.6m/571.1m, Revenue 2.13b/1.97b) |
| GMI: 0.94 (GM 41.88% / 39.54%) |
| AQI: 0.90 (AQ_t 0.29 / AQ_t-1 0.33) |
| SGI: 1.08 (Revenue 2.13b / 1.97b) |
| TATA: 0.04 (NI 247.1m - CFO 143.4m) / TA 2.55b) |
| Beneish M-Score: -3.17 (Cap -4..+1) = AA |
What is the price of DORM shares?
Over the past week, the price has changed by +4.75%, over one month by +3.94%, over three months by +0.60% and over the past year by +0.50%.
Is DORM a buy, sell or hold?
- StrongBuy: 0
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the DORM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 170.4 | 31% |
| Analysts Target Price | 170.4 | 31% |
| ValueRay Target Price | 135 | 3.8% |
DORM Fundamental Data Overview February 05, 2026
P/E Forward = 13.0378
P/S = 1.7939
P/B = 2.6096
P/EG = 1.37
Revenue TTM = 2.13b USD
EBIT TTM = 360.7m USD
EBITDA TTM = 416.2m USD
Long Term Debt = 421.1m USD (from longTermDebt, last quarter)
Short Term Debt = 34.4m USD (from shortTermDebt, last quarter)
Debt = 554.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 499.3m USD (from netDebt column, last quarter)
Enterprise Value = 4.31b USD (3.81b + Debt 554.8m - CCE 55.5m)
Interest Coverage Ratio = 11.67 (Ebit TTM 360.7m / Interest Expense TTM 30.9m)
EV/FCF = 40.92x (Enterprise Value 4.31b / FCF TTM 105.4m)
FCF Yield = 2.44% (FCF TTM 105.4m / Enterprise Value 4.31b)
FCF Margin = 4.96% (FCF TTM 105.4m / Revenue TTM 2.13b)
Net Margin = 11.62% (Net Income TTM 247.1m / Revenue TTM 2.13b)
Gross Margin = 41.88% ((Revenue TTM 2.13b - Cost of Revenue TTM 1.24b) / Revenue TTM)
Gross Margin QoQ = 44.40% (prev 40.58%)
Tobins Q-Ratio = 1.69 (Enterprise Value 4.31b / Total Assets 2.55b)
Interest Expense / Debt = 1.30% (Interest Expense 7.21m / Debt 554.8m)
Taxrate = 23.52% (23.5m / 99.9m)
NOPAT = 275.8m (EBIT 360.7m * (1 - 23.52%))
Current Ratio = 2.94 (Total Current Assets 1.52b / Total Current Liabilities 516.7m)
Debt / Equity = 0.37 (Debt 554.8m / totalStockholderEquity, last quarter 1.48b)
Debt / EBITDA = 1.20 (Net Debt 499.3m / EBITDA 416.2m)
Debt / FCF = 4.74 (Net Debt 499.3m / FCF TTM 105.4m)
Total Stockholder Equity = 1.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.05% (Net Income 247.1m / Total Assets 2.55b)
RoE = 17.93% (Net Income TTM 247.1m / Total Stockholder Equity 1.38b)
RoCE = 20.05% (EBIT 360.7m / Capital Employed (Equity 1.38b + L.T.Debt 421.1m))
RoIC = 14.96% (NOPAT 275.8m / Invested Capital 1.84b)
WACC = 7.46% (E(3.81b)/V(4.37b) * Re(8.40%) + D(554.8m)/V(4.37b) * Rd(1.30%) * (1-Tc(0.24)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.16%
[DCF Debug] Terminal Value 81.05% ; FCFF base≈134.0m ; Y1≈143.9m ; Y5≈175.4m
Fair Price DCF = 95.20 (EV 3.41b - Net Debt 499.3m = Equity 2.91b / Shares 30.6m; r=7.46% [WACC]; 5y FCF grow 8.22% → 2.90% )
EPS Correlation: 20.56 | EPS CAGR: -46.61% | SUE: -4.0 | # QB: 0
Revenue Correlation: 90.11 | Revenue CAGR: 8.66% | SUE: -0.40 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.15 | Chg30d=-0.003 | Revisions Net=-2 | Analysts=7
EPS next Year (2026-12-31): EPS=9.45 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+7.1% | Growth Revenue=+5.2%