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Dorman Products, Inc. (DORM)

POSITIVE
Consumer CyclicalAuto PartsUnited States

Fundamental

78

Price

$129.84

Market Cap

$3.91B

Part 1 · What the company is worth

Overview

Dorman Products, Inc. supplies replacement and upgrade parts for the motor vehicle aftermarket industry in the United States and internationally. It operates through segments Light Duty, Heavy Duty, and Specialty Vehicle segments. The company offers engine products, including intake and exhaust manifolds, oil filters and coolers, fans, thermostat housings, and throttle bodies; undercar products, such as fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, transmission, and axle components; steering and suspension products comprising control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, including door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products, such as new and remanufactured modules, clusters and sensors; and hardware products consisting of threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise. It also provides OE FIX solutions, including exhaust manifolds, metal heater hose connectors, and aluminum oil filter housings; and intake manifolds, exhaust manifolds, oil filters and coolers, exhaust gas recirculation coolers, driveshafts, UTV windshields, and complex electronics modules. The company markets its products under the DORMAN, DORMAN OE FIX, HELP!, Conduct-Tite, Dayton Parts, SuperATV, Keller Performance Products, Assault Industries, Gboost, and GDP brands through aftermarket retailers, dealers, and national, regional, and local wholesale distributors and specialty markets. Dorman Products, Inc. was founded in 1918 and is headquartered in Colmar, Pennsylvania.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$2.16B

Trailing 12 months (through 6/27/2026)

Net Income

$219M

Trailing 12 months (through 6/27/2026)

Free Cash Flow

$76M

Total Equity

$1.48B

Total Liabilities

$1.02B

Current Ratio

3.60

Interest Coverage

11.93

Debt/EBITDA

1.49

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

CyclicalFairly Valued

Fair Value

$154.53

Current Price

$129.84

Margin of Safety

+16.0%

Fair Value Range

$109.25 - $199.82

Estimation Methods

Analyst price target:$162.38
Discounted cash flow (DCF):Not applicable to this type of company
Earnings multiple (P/E):$108.56
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):$80.55
Justified P/B:Not applicable to this type of company
Dividend discount (Gordon):Not applicable to this type of company
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:$197.14
Revenue multiple:Not applicable to this type of company
Analyst Consensus:Strong Buy (13B / 1H / 0S)
Last Earnings Surprise:+57.71%

Valuation Metrics

P/E Ratio

18.16

ROE

13.8%

P/B Ratio

2.57

P/FCF

18.16

Gross Margin

42.3%

ROIC

11.9%

Profitability Radar

Value Creation (Economic Moat)

ROIC

11.9%

WACC

9.5%

ROIC − WACC

+2.4 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (23)

  • EPS shows upward trend
  • EPS CAGR 9.88%
  • Price CAGR 6.10%
  • ROIC 11.9%
  • Gross Margin 42.3%
  • P/FCF 18.16
  • P/B Ratio 2.57
  • Debt/Equity ratio
  • Operating Margin 14.5%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 14.8%
  • Revenue Growth 5Y 14.3%
  • Analyst Consensus 93% Buy
  • Earnings Surprise avg 13.3%
  • PEG Ratio 1.20
  • Earnings Quality (OCF/NI) 1.14
  • Share Dilution -0.6%
  • Piotroski F-Score 8/9

Failed (4)

  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Net Margin Trend 10.2% vs 10.8%

Unavailable (1)

  • Dividend Payout NaN%

Piotroski F-Score

8/9

Strong financial health

score
criteria

Earnings Quality

1.14

High quality: earnings backed by cash

Share Dilution

-0.6%

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Mr. Kevin M. Olsen CPAChairman, President & CEO53
Mr. Steven L. BermanFounder & Director65
Mr. Joseph P. BraunSenior VP, General Counsel & Secretary51
Mr. Scott D. LeffSenior VP & Chief Human Resources Officer53
Mr. Jeffrey L. DarbySenior Vice President of Enterprise Sales57
Mr. Eric B. LuftigPresident of Light Duty51
Mr. Charles W. RayfieldSenior VP & Chief Financial Officer45
Mr. Nathan J. PorterSenior VP & COO49
Mr. Gregory C. BowenVP & Chief Accounting Officer56
Ms. Donna M. LongSenior VP & Chief Information Officer57

Audit Risk

5

Board Risk

6

Compensation Risk

3

Shareholder Rights Risk

3

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for DORM, sourced from Markets Gazette.

  • 2/26/2026NEUTRAL
    Dorman (DORM) Q4 2025 Earnings Call Transcript

    Investors in Dorman Products Inc. (DORM) are awaiting crucial details following the announcement of the Q4 2025 earnings call transcript. While the event was scheduled for February 26, 2026, the specific content of the transcript is not yet publicly available. This lack of information prevents an in-depth analysis of the company's financial performance, including revenues, earnings per share, and future guidance. The market remains in a holding pattern, with participants closely monitoring the actual release of data to assess business trends and growth prospects. Transparency and timeliness in disseminating such information are critical for guiding investment decisions, and its temporary absence keeps the stock in a position of uncertainty.

via Markets Gazette