Dorman Products Stock Beta
| DORM Stock | USD 111.46 0.93 0.84% |
Fundamental analysis of Dorman Products allows traders to better anticipate movements in Dorman Products' stock price by examining its financial health and performance throughout various phases of its business cycle.
Dorman | Beta | Build AI portfolio with Dorman Stock |
Dorman Products Company Beta Analysis
Dorman Products' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Dorman Products Beta | 0.87 |
Most of Dorman Products' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dorman Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dorman Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Dorman Products is extremely important. It helps to project a fair market value of Dorman Stock properly, considering its historical fundamentals such as Beta. Since Dorman Products' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dorman Products' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dorman Products' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Dorman Products has a Beta of 0.872. This is 3.81% higher than that of the Automobile Components sector and 41.08% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Dorman Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dorman Products' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dorman Products could also be used in its relative valuation, which is a method of valuing Dorman Products by comparing valuation metrics of similar companies.Dorman Products is currently under evaluation in beta category among its peers.
Dorman Products ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dorman Products' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dorman Products' managers, analysts, and investors.Environmental | Governance | Social |
Dorman Products Institutional Holders
Institutional Holdings refers to the ownership stake in Dorman Products that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dorman Products' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Dorman Products' value.| Shares | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2024-12-31 | 125.9 K |
Dorman Products returns are very sensitive to returns on the market. As the market goes up or down, Dorman Products is expected to follow.
Dorman Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0776 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 3.94 B | ||||
| Shares Outstanding | 30.56 M | ||||
| Shares Owned By Insiders | 10.00 % | ||||
| Shares Owned By Institutions | 81.80 % | ||||
| Number Of Shares Shorted | 942.61 K | ||||
| Price To Earning | 25.10 X | ||||
| Price To Book | 2.63 X | ||||
| Price To Sales | 1.70 X | ||||
| Revenue | 2.01 B | ||||
| Gross Profit | 806.36 M | ||||
| EBITDA | 352.68 M | ||||
| Net Income | 190 M | ||||
| Cash And Equivalents | 35.44 M | ||||
| Cash Per Share | 1.13 X | ||||
| Total Debt | 572.78 M | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 1.75 X | ||||
| Book Value Per Share | 42.32 X | ||||
| Cash Flow From Operations | 231.05 M | ||||
| Short Ratio | 3.84 X | ||||
| Earnings Per Share | 6.14 X | ||||
| Price To Earnings To Growth | 1.37 X | ||||
| Target Price | 144.75 | ||||
| Number Of Employees | 3.79 K | ||||
| Beta | 0.87 | ||||
| Market Capitalization | 3.41 B | ||||
| Total Asset | 2.42 B | ||||
| Retained Earnings | 1.18 B | ||||
| Working Capital | 805.96 M | ||||
| Current Asset | 478.63 M | ||||
| Current Liabilities | 98.57 M | ||||
| Net Asset | 2.42 B |
About Dorman Products Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dorman Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dorman Products using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dorman Products based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 0.11 | Earnings Share 6.14 | Revenue Per Share | Quarterly Revenue Growth 0.08 | Return On Assets |
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.