Dorman Products Shares Outstanding vs. EBITDA

DORM Stock  USD 137.23  2.61  1.87%   
Based on Dorman Products' profitability indicators, Dorman Products is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Dorman Products' ability to earn profits and add value for shareholders. As of the 15th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.11, while Price To Sales Ratio is likely to drop 1.06. At this time, Dorman Products' Net Income Per Share is very stable compared to the past year.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.430.3552
Fairly Up
Pretty Stable
Operating Profit Margin0.0960.1113
Fairly Down
Very volatile
For Dorman Products profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dorman Products to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dorman Products utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dorman Products's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dorman Products over time as well as its relative position and ranking within its peers.
  

Dorman Products' Revenue Breakdown by Earning Segment

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To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dorman Products. If investors know Dorman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dorman Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.406
Earnings Share
5.97
Revenue Per Share
63.489
Quarterly Revenue Growth
0.032
Return On Assets
0.0926
The market value of Dorman Products is measured differently than its book value, which is the value of Dorman that is recorded on the company's balance sheet. Investors also form their own opinion of Dorman Products' value that differs from its market value or its book value, called intrinsic value, which is Dorman Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dorman Products' market value can be influenced by many factors that don't directly affect Dorman Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dorman Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorman Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorman Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Dorman Products EBITDA vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Dorman Products's current stock value. Our valuation model uses many indicators to compare Dorman Products value to that of its competitors to determine the firm's financial worth.
Dorman Products is rated below average in shares outstanding category among its peers. It is rated below average in ebitda category among its peers totaling about  8.89  of EBITDA per Shares Outstanding. At this time, Dorman Products' EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Dorman Products by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Dorman EBITDA vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Dorman Products

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
30.52 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Dorman Products

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
271.29 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

Dorman EBITDA Comparison

Dorman Products is currently under evaluation in ebitda category among its peers.

Dorman Products Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Dorman Products, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dorman Products will eventually generate negative long term returns. The profitability progress is the general direction of Dorman Products' change in net profit over the period of time. It can combine multiple indicators of Dorman Products, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-2.6 M-2.7 M
Operating Income214.8 M225.5 M
Income Before Tax168.5 M176.9 M
Total Other Income Expense Net-46.3 M-43.9 M
Net Income129.3 M135.7 M
Income Tax Expense39.2 M21.8 M
Net Income Applicable To Common Shares139.8 M146.8 M
Net Income From Continuing Ops96.8 M107.5 M
Interest Income277.1 K251.3 K
Net Interest Income-47.2 M-44.8 M
Non Operating Income Net Other845.2 K839.3 K
Change To Netincome4.1 M4.3 M
Net Income Per Share 4.11  4.31 
Income Quality 1.62  1.19 
Net Income Per E B T 0.77  0.53 

Dorman Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Dorman Products. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Dorman Products position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Dorman Products' important profitability drivers and their relationship over time.

Use Dorman Products in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dorman Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dorman Products will appreciate offsetting losses from the drop in the long position's value.

Dorman Products Pair Trading

Dorman Products Pair Trading Analysis

The ability to find closely correlated positions to Dorman Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorman Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dorman Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dorman Products to buy it.
The correlation of Dorman Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dorman Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorman Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dorman Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Dorman Products position

In addition to having Dorman Products in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Consumer Goods
Consumer Goods Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumer Goods Theme or any other thematic opportunities.
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When determining whether Dorman Products is a strong investment it is important to analyze Dorman Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dorman Products' future performance. For an informed investment choice regarding Dorman Stock, refer to the following important reports:
Check out Investing Opportunities.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Dorman Products' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dorman Products at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Dorman Products' income statement, its balance sheet, and the statement of cash flows.
Potential Dorman Products investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Dorman Products investors may work on each financial statement separately, they are all related. The changes in Dorman Products's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dorman Products's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.