Dorman Book Value per Share from 2010 to 2024

DORM Stock  USD 97.43  4.39  4.72%   
Check Dorman Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dorman main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.5 M, Interest Expense of 50.5 M or Total Revenue of 2 B, as well as many exotic indicators such as Short Term Coverage Ratios of 1.58, Price Earnings Ratio of 12.43 or Price To Sales Ratio of 1.06. Dorman financial statements analysis is a perfect complement when working with Dorman Products Valuation or Volatility modules.
  
This module can also supplement Dorman Products' financial leverage analysis and stock options assessment as well as various Dorman Products Technical models . Check out the analysis of Dorman Products Correlation against competitors.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.

About Dorman Products Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Dorman Products income statement, its balance sheet, and the statement of cash flows. Dorman Products investors use historical funamental indicators, such as Dorman Products's Book Value per Share, to determine how well the company is positioned to perform in the future. Although Dorman Products investors may use each financial statement separately, they are all related. The changes in Dorman Products's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dorman Products's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dorman Products Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dorman Products. Please read more on our technical analysis and fundamental analysis pages.
Dorman Products, Inc. supplies replacement parts and fasteners for passenger cars, light trucks, and medium- and heavy-duty trucks in the automotive aftermarket industry worldwide. The company was founded in 1918 and is headquartered in Colmar, Pennsylvania. Dorman Products operates under Auto Parts classification in the United States and is traded on NASDAQ Exchange. It employs 3360 people.

Pair Trading with Dorman Products

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dorman Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dorman Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dorman Stock

  0.83HD Home Depot Financial Report 21st of May 2024 PairCorr
  0.8AAP Advance Auto Parts Financial Report 29th of May 2024 PairCorr
  0.81POOL Pool Financial Report 18th of April 2024 PairCorr

Moving against Dorman Stock

  0.77PTAIF PT Astra InternationalPairCorr
  0.6TLK Telkom Indonesia Tbk Financial Report 26th of April 2024 PairCorr
The ability to find closely correlated positions to Dorman Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorman Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dorman Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dorman Products to buy it.
The correlation of Dorman Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dorman Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorman Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dorman Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 the analysis of Dorman Products Correlation against competitors.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Dorman Stock analysis

When running Dorman Products' price analysis, check to measure Dorman Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dorman Products is operating at the current time. Most of Dorman Products' value examination focuses on studying past and present price action to predict the probability of Dorman Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorman Products' price. Additionally, you may evaluate how the addition of Dorman Products to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Is Dorman Products' industry 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
1.855
Earnings Share
4.1
Revenue Per Share
61.351
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0701
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.