Consumer Cyclical · Auto - Parts
Price
$15.53
Market Cap
$293.9M
Employees
5,900
Beta
1.21
Avg Volume
92,343
CEO
Selwyn H. Joffe
Business Description
Motorcar Parts of America, Inc. (MPAA) is a company dedicated to the production, reconditioning, and supply of essential aftermarket components for a diverse range of applications, including heavy-duty vehicles, industrial machinery, marine vessels, and agricultural equipment. The company's traditional product lines feature electrical rotating components such as alternators and starters, along with wheel hub assemblies and their corresponding bearings. Additionally, MPAA offers an extensive selection of braking system parts, including calipers, boosters, rotors, pads, and master cylinders. Expanding its expertise into advanced technologies, MPAA also furnishes sophisticated testing and diagnostic solutions for the development and manufacturing of electric vehicle (EV) powertrains. This offering includes specialized systems for testing electric motors, e-axles, advanced power emulators, and charging units. Furthermore, the company provides testing apparatus for alternators, starters, belt starter generators, and bench-top applications, alongside turbochargers and dedicated testing services for EV inverters. MPAA distributes its vast array of products across North America, reaching customers through major automotive retail chains, wholesale distribution networks, and directly supplying various automobile manufacturers for their aftermarket and warranty fulfillment initiatives. Founded in 1968, Motorcar Parts of America, Inc. maintains its corporate headquarters in Torrance, California.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
24.27
Stock Price: $15.53
EPS (Diluted): 0.64
EPS (Diluted): 0.64
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.80
Stock Price: $15.53
Total Equity: $266.01M
Shares: 19,979,070
Total Equity: $266.01M
Shares: 19,979,070
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
5.98
Market Cap: $293.90M
Total Debt: $133.66M
Cash: $14.65M
EBITDA: $66.65M
Total Debt: $133.66M
Cash: $14.65M
EBITDA: $66.65M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$398.5M
Market Cap: $293.90M
Total Debt: $133.66M
Cash: $14.65M
Total Debt: $133.66M
Cash: $14.65M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
20.2%
Gross Profit: $159.90M
Revenue: $789.81M
Revenue: $789.81M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
7.2%
Operating Income: $56.91M
Revenue: $789.81M
Revenue: $789.81M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
1.6%
Net Income: $12.39M
Revenue: $789.81M
Revenue: $789.81M
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
4.7%
Net Income: $12.39M
Total Equity: $266.01M
Total Equity: $266.01M
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
9.0%
Operating Income: $56.91M
Tax Rate: 38.9%
Equity: $266.01M
Total Debt: $133.66M
Cash: $14.65M
Tax Rate: 38.9%
Equity: $266.01M
Total Debt: $133.66M
Cash: $14.65M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.46
Current Assets: $583.98M
Current Liabilities: $399.60M
Current Liabilities: $399.60M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.50
Short-Term Debt: $94.67M
Long-Term Debt: $38.99M
Total Debt: $133.66M
Total Equity: $266.01M
Long-Term Debt: $38.99M
Total Debt: $133.66M
Total Equity: $266.01M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$39.53
Revenue: $789.81M
Shares: 19,979,070
Shares: 19,979,070
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$13.31
Total Equity: $266.01M
Shares: 19,979,070
Shares: 19,979,070
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$1.14
Operating CF: $19.16M
CapEx: $3.70M
Shares: 19,979,070
CapEx: $3.70M
Shares: 19,979,070
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $15.53
Stock Price: $15.53
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $12.39M
Net Income: $12.39M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares MPAA against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 26, 2026 5:40pm (15h ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $650.3M | $683.1M | $717.7M | $757.4M | $789.8M |
| Cost of Revenue | $532.4M | $569.1M | $585.1M | $603.5M | $629.9M |
| Gross Profit | $117.9M | $114.0M | $132.6M | $153.8M | $159.9M |
| Operating Expenses | $89.2M | $77.5M | $86.4M | $113.9M | $103.0M |
| Operating Income | $28.7M | $36.4M | $46.1M | $39.9M | $56.9M |
| Net Income | $7.4M | -$4.2M | -$49.2M | -$19.5M | $12.4M |
| EBITDA | $41.6M | $48.9M | $58.6M | $50.3M | $66.6M |
| EPS | $0.39 | $-0.22 | $-2.51 | $-0.99 | $0.64 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 26, 2026 5:40pm (15h ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $23.0M | $11.6M | $14.0M | $9.4M | $14.7M |
| Total Current Assets | $537.0M | $537.5M | $560.5M | $511.5M | $584.0M |
| Total Assets | $1.0B | $1.0B | $1.0B | $957.6M | $1.0B |
| Current Liabilities | $426.4M | $382.6M | $404.4M | $351.0M | $399.6M |
| Long-Term Debt | $13.0M | $40.3M | $30.8M | $35.2M | $39.0M |
| Total Liabilities | $700.4M | $708.1M | $726.9M | $699.9M | $753.4M |
| Total Equity | $315.3M | $320.5M | $285.1M | $257.7M | $266.0M |
| Retained Earnings | $93.0M | $88.7M | $39.5M | $20.0M | $32.4M |
Cash Flow (Annual)
Last updated: Jun 26, 2026 5:40pm (15h ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$44.9M | -$21.8M | $39.2M | $45.5M | $19.2M |
| Capital Expenditure | -$7.6M | -$4.2M | -$1.0M | -$4.6M | $3.7M |
| Free Cash Flow | -$52.4M | -$26.0M | $38.2M | $40.9M | $22.9M |
| Acquisitions (net) | $776,000 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$1.9M | $0 | $0 | -$4.8M | -$11.4M |
| Net Change in Cash | $7.5M | -$11.4M | $2.4M | -$4.5M | $5.2M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 5:40pm (15h ago)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$800.0M $799.4M – $800.6M
|
$861.0M $860.3M – $861.7M
|
$904.0M $901.1M – $906.9M
|
$1.0B $1.0B – $1.0B
|
| EBITDA |
$81.5M $81.4M – $81.6M
|
$87.7M $87.6M – $87.8M
|
$92.1M $91.8M – $92.4M
|
$103.2M $103.1M – $103.3M
|
| Net Income |
$34.8M $34.7M – $34.8M
|
$37.8M $37.7M – $37.8M
|
$41.2M $41.1M – $41.2M
|
$30.2M $30.1M – $30.2M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 26, 2026 5:40pm (15h ago)| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue Growth | +5.0% | +5.1% | +5.5% | +4.3% |
| Gross Profit Growth | -3.3% | +16.3% | +16.1% | +3.9% |
| Operating Income Growth | +27.0% | +26.5% | -13.4% | +42.6% |
| Net Income Growth | -157.2% | -1,070.5% | +60.5% | +163.7% |
| EBITDA Growth | +17.6% | +19.8% | -14.2% | +32.6% |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for MPAA — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30