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 US Auto Parts Network Inc. To summarize, we found that US Auto Parts Network Inc ranked in the 29th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of US Auto Parts Network Inc, consider:
The company has produced more trailing twelve month cash flow than only 16.58% of its sector Technology.
The business' balance sheet suggests that 6% of the company's capital is sourced from debt; this is greater than just 15.93% of the free cash flow producing stocks we're observing.
US Auto Parts Network Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.35. This coverage rate is greater than that of merely 14.18% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
EBIX, FN, INOD, MLAB, and BKI can be thought of as valuation peers to PRTS, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
U.S. Auto Parts Network, Inc. (NASDAQ: PRTS), one of the largest online providers of automotive aftermarket parts and accessories, today announced it would open a new 210,000 square foot distribution center in Grand Prairie, Texas. The distribution center, slated to begin operations in late 2020, will create a minimum of 150 new jobs and $10 million in economic impact in its first 18 months alone. When operational, the facility will deliver new parts to customers across the South and Southwest servicing all of the brands U.S. Auto Parts Network has to offer, including CarParts.com and JC Whitney.
U.S. Auto Parts Network, Inc. (NASDAQ: PRTS), one of the largest online providers of aftermarket automotive parts and accessories, is providing a webcast link for its first quarter 2020 conference call, which took place on May 6, 2020.