U.S. Auto Parts Network, Inc. operates as an online retailer of aftermarket auto parts and accessories primarily in the United States, Canada, and the Philippines. The company was founded in 1995 and is based in Carson, California.
PRTS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for CarPartscom Inc. To summarize, we found that CarPartscom Inc ranked in the 81th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 561.67% on a DCF basis. The most interesting components of our discounted cash flow analysis for CarPartscom Inc ended up being:
The business' balance sheet reveals debt to be 4% of the company's capital (with equity being the remaining amount). Approximately merely 12.03% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
CarPartscom Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.79. This coverage rate is greater than that of just 21.64% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, CarPartscom Inc experienced a tax rate of about 108% over the past twelve months; relative to its sector (Technology), this tax rate is higher than 97.24% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of CarPartscom Inc? See DXC, NEWR, AMKR, QCCO, and WEX.
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Secular Growth Stories on Seeking Alpha | September 18, 2020
CarParts.com, Inc. (PRTS) Q2 2020 Earnings Conference Call August 10, 2020 05:00 PM ET Company Participants Lev Peker - Chief Executive Officer David Meniane - Chief Operating Officer and Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Gary Prestopino - Barrington Research Stephen Branstetter - ABL Investments...
CarParts.com, the e-commerce auto parts company, recently made the winning bid of $20,034 to own the one-of-a-kind memento from the first-ever NASCAR All-Star race at the Bristol (Tenn.) Motor Speedway with all proceeds benefiting Motor Racing Outreach (MRO). Now, CarParts.com will pay it forward by making an additional donation of $20,043 to Victory Junction in honor of Darrell "Bubba" Wallace, Jr., and Richard Petty Motorsports (RPM).
U.S. Auto Parts Network, Inc. (NASDAQ: PRTS), and its flagship brand, CarParts.com, welcomes Nanxi Liu to its board of directors. Nanxi Liu is CEO and Co-Founder of Enplug, a leading digital display software company used by Fortune 500 companies, and was named one of Forbes 30 Under 30 and Fortune's 10 Most Promising Women Entrepreneurs. Nanxi also serves on the Board of Advisors for Covington Capital, which manages $3 billion, and is a Partner at XFactor Ventures, where she invests in women-founded startups. In 2019, Nanxi was appointed as one of five voting members to the California Department of Motor Vehicles' New Motor Vehicle Board.