Dorman Products Stock Piotroski F Score

DORM Stock  USD 137.02  1.87  1.38%   
This module uses fundamental data of Dorman Products to approximate its Piotroski F score. Dorman Products F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Dorman Products. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Dorman Products financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Dorman Products Altman Z Score, Dorman Products Correlation, Dorman Products Valuation, as well as analyze Dorman Products Alpha and Beta and Dorman Products Hype Analysis.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.
  
At this time, Dorman Products' Interest Debt Per Share is very stable compared to the past year. As of the 22nd of November 2024, Debt To Assets is likely to grow to 0.29, while Net Debt To EBITDA is likely to drop 1.23. At this time, Dorman Products' ROIC is very stable compared to the past year. As of the 22nd of November 2024, Net Income Per Share is likely to grow to 4.31, while PTB Ratio is likely to drop 1.80.
At this time, it appears that Dorman Products' Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Dorman Products Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Dorman Products is to make sure Dorman is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Dorman Products' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Dorman Products' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.380.8418
Way Up
Pretty Stable
Gross Profit Margin0.430.3552
Fairly Up
Pretty Stable
Total Current Liabilities574.5 M547.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total605.9 M577.1 M
Sufficiently Up
Slightly volatile
Total Assets2.4 B2.3 B
Sufficiently Up
Slightly volatile
Total Current Assets1.3 B1.2 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities219.2 M208.8 M
Sufficiently Up
Slightly volatile

Dorman Products F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Dorman Products' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Dorman Products in a much-optimized way.

About Dorman Products Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

39.0

At this time, Dorman Products' Book Value Per Share is very stable compared to the past year.

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

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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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 Dorman Products Altman Z Score, Dorman Products Correlation, Dorman Products Valuation, as well as analyze Dorman Products Alpha and Beta and Dorman Products Hype Analysis.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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
5.95
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.