Dorman Enterprise Value vs Net Income Analysis

DORM Stock

USD 89.76 0.29 0.32%

Dorman Products financial indicator trend analysis is much more than just examining Dorman Products latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorman Products is a good investment. Please check the relationship between Dorman Products Enterprise Value and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.

Enterprise Value vs Net Income

Enterprise Value vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorman Products Enterprise Value account and Net Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Dorman Products' Enterprise Value and Net Income is 0.79. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Net Income in the same time period over historical financial statements of Dorman Products, assuming nothing else is changed. The correlation between historical values of Dorman Products' Enterprise Value and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Dorman Products are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Enterprise Value i.e., Dorman Products' Enterprise Value and Net Income go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Enterprise Value

Enterprise Value (or EV) is usually referred to as Dorman Products theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Dorman Products debt, but would also pocket its cash. Enterprise Value is more accurate representation of Dorman Products value than its market capitalization because it takes into account all of Dorman Products existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Dorman Products financial statement analysis. It represents the amount of money remaining after all of Dorman Products operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Dorman Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dorman Products current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.At this time, Dorman Products' Selling General Administrative is very stable compared to the past year. As of the 16th of April 2024, Tax Provision is likely to grow to about 33.4 M, while Enterprise Value Over EBITDA is likely to drop 8.02.

	2021	2022	2023	2024 (projected)
Gross Profit	462.9M	564.5M	685.4M	719.7M
Total Revenue	1.3B	1.7B	1.9B	2.0B

Gross Profit Total Revenue

Dorman Products fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Non Currrent Assets Other	Cash	Cash And Short Term Investments	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.92	0.94	0.95	0.95	0.99	0.89	0.95	0.98	0.92	-0.6	0.9	0.99	0.61	0.06	0.97	0.9	0.98	0.81	0.97	0.71	-0.02	-0.02	0.93	0.15	0.12
Short Long Term Debt Total	0.92		0.82	0.87	0.78	0.92	0.99	0.77	0.97	0.71	-0.36	0.98	0.94	0.73	-0.01	0.98	0.88	0.84	0.84	0.83	0.51	-0.27	-0.27	0.99	0.0	-0.06
Other Current Liab	0.94	0.82		0.97	0.89	0.92	0.79	0.89	0.89	0.92	-0.6	0.77	0.92	0.5	-0.09	0.92	0.78	0.95	0.81	0.93	0.62	0.06	0.06	0.84	0.06	0.04
Total Current Liabilities	0.95	0.87	0.97		0.87	0.92	0.85	0.87	0.92	0.88	-0.6	0.8	0.96	0.54	-0.03	0.95	0.77	0.94	0.93	0.95	0.67	-0.04	-0.04	0.89	0.08	0.07
Total Stockholder Equity	0.95	0.78	0.89	0.87		0.96	0.72	1.0	0.89	0.98	-0.71	0.76	0.92	0.47	0.17	0.86	0.84	0.98	0.67	0.97	0.81	0.17	0.17	0.78	0.3	0.29
Property Plant And Equipment Net	0.99	0.92	0.92	0.92	0.96		0.88	0.95	0.98	0.92	-0.58	0.9	0.98	0.62	0.1	0.96	0.92	0.97	0.78	0.95	0.7	-0.02	-0.02	0.92	0.18	0.15
Net Debt	0.89	0.99	0.79	0.85	0.72	0.88		0.71	0.95	0.65	-0.3	0.97	0.91	0.74	-0.1	0.96	0.87	0.79	0.83	0.79	0.46	-0.39	-0.38	0.99	-0.07	-0.14
Retained Earnings	0.95	0.77	0.89	0.87	1.0	0.95	0.71		0.89	0.98	-0.71	0.75	0.92	0.45	0.17	0.86	0.84	0.98	0.67	0.97	0.82	0.18	0.18	0.77	0.3	0.3
Non Current Assets Total	0.98	0.97	0.89	0.92	0.89	0.98	0.95	0.89		0.84	-0.48	0.96	0.98	0.66	0.01	0.99	0.93	0.93	0.82	0.92	0.64	-0.16	-0.16	0.97	0.06	0.01
Net Receivables	0.92	0.71	0.92	0.88	0.98	0.92	0.65	0.98	0.84		-0.71	0.68	0.88	0.41	0.07	0.82	0.79	0.97	0.65	0.95	0.76	0.21	0.21	0.72	0.26	0.26
Common Stock Shares Outstanding	-0.6	-0.36	-0.6	-0.6	-0.71	-0.58	-0.3	-0.71	-0.48	-0.71		-0.3	-0.6	-0.14	-0.26	-0.48	-0.31	-0.69	-0.48	-0.69	-0.75	-0.39	-0.39	-0.35	-0.48	-0.52
Non Current Liabilities Total	0.9	0.98	0.77	0.8	0.76	0.9	0.97	0.75	0.96	0.68	-0.3		0.9	0.75	-0.03	0.95	0.91	0.81	0.72	0.78	0.46	-0.27	-0.27	0.96	-0.01	-0.09
Inventory	0.99	0.94	0.92	0.96	0.92	0.98	0.91	0.92	0.98	0.88	-0.6	0.9		0.64	0.04	0.98	0.86	0.96	0.87	0.96	0.7	-0.1	-0.09	0.94	0.16	0.13
Other Current Assets	0.61	0.73	0.5	0.54	0.47	0.62	0.74	0.45	0.66	0.41	-0.14	0.75	0.64		-0.01	0.68	0.62	0.54	0.54	0.5	0.05	-0.38	-0.38	0.71	0.21	0.12
Other Stockholder Equity	0.06	-0.01	-0.09	-0.03	0.17	0.1	-0.1	0.17	0.01	0.07	-0.26	-0.03	0.04	-0.01		-0.03	0.03	0.1	-0.03	0.1	0.21	0.47	0.47	-0.03	0.61	0.65
Total Liab	0.97	0.98	0.92	0.95	0.86	0.96	0.96	0.86	0.99	0.82	-0.48	0.95	0.98	0.68	-0.03		0.88	0.92	0.87	0.91	0.59	-0.16	-0.16	0.98	0.03	-0.01
Property Plant And Equipment Gross	0.9	0.88	0.78	0.77	0.84	0.92	0.87	0.84	0.93	0.79	-0.31	0.91	0.86	0.62	0.03	0.88		0.83	0.61	0.82	0.52	-0.19	-0.19	0.89	0.07	-0.01
Total Current Assets	0.98	0.84	0.95	0.94	0.98	0.97	0.79	0.98	0.93	0.97	-0.69	0.81	0.96	0.54	0.1	0.92	0.83		0.78	0.98	0.75	0.12	0.13	0.84	0.24	0.23
Short Term Debt	0.81	0.84	0.81	0.93	0.67	0.78	0.83	0.67	0.82	0.65	-0.48	0.72	0.87	0.54	-0.03	0.87	0.61	0.78		0.82	0.55	-0.21	-0.21	0.86	-0.01	-0.01
Accounts Payable	0.97	0.83	0.93	0.95	0.97	0.95	0.79	0.97	0.92	0.95	-0.69	0.78	0.96	0.5	0.1	0.91	0.82	0.98	0.82		0.8	0.06	0.06	0.85	0.24	0.23
Non Currrent Assets Other	0.71	0.51	0.62	0.67	0.81	0.7	0.46	0.82	0.64	0.76	-0.75	0.46	0.7	0.05	0.21	0.59	0.52	0.75	0.55	0.8		0.18	0.18	0.5	0.21	0.28
Cash	-0.02	-0.27	0.06	-0.04	0.17	-0.02	-0.39	0.18	-0.16	0.21	-0.39	-0.27	-0.1	-0.38	0.47	-0.16	-0.19	0.12	-0.21	0.06	0.18		1.0	-0.29	0.33	0.42
Cash And Short Term Investments	-0.02	-0.27	0.06	-0.04	0.17	-0.02	-0.38	0.18	-0.16	0.21	-0.39	-0.27	-0.09	-0.38	0.47	-0.16	-0.19	0.13	-0.21	0.06	0.18	1.0		-0.28	0.33	0.42
Intangible Assets	0.93	0.99	0.84	0.89	0.78	0.92	0.99	0.77	0.97	0.72	-0.35	0.96	0.94	0.71	-0.03	0.98	0.89	0.84	0.86	0.85	0.5	-0.29	-0.28		-0.02	-0.09
Common Stock Total Equity	0.15	0.0	0.06	0.08	0.3	0.18	-0.07	0.3	0.06	0.26	-0.48	-0.01	0.16	0.21	0.61	0.03	0.07	0.24	-0.01	0.24	0.21	0.33	0.33	-0.02		0.98
Common Stock	0.12	-0.06	0.04	0.07	0.29	0.15	-0.14	0.3	0.01	0.26	-0.52	-0.09	0.13	0.12	0.65	-0.01	-0.01	0.23	-0.01	0.23	0.28	0.42	0.42	-0.09	0.98

Click cells to compare fundamentals

Dorman Products Account Relationship Matchups

Dorman Products fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	1.2B	1.7B	2.3B	2.3B	2.4B
Other Current Liab	130.1M	204.8M	248.3M	246.6M	245.2M	257.4M
Total Current Liabilities	220.5M	322.6M	665.0M	678.3M	547.2M	574.5M
Total Stockholder Equity	773.6M	853.6M	932.7M	1.0B	1.2B	1.2B
Property Plant And Equipment Net	134.0M	130.0M	173.9M	258.5M	263.6M	276.8M
Net Debt	(38.6M)	(118.5M)	233.0M	786.5M	647.0M	679.3M
Retained Earnings	720.7M	789.2M	856.4M	956.9M	1.1B	1.1B
Non Current Assets Total	286.5M	297.7M	596.5M	1.1B	1.1B	1.1B
Net Receivables	391.8M	460.9M	472.8M	427.4M	526.9M	553.2M
Common Stock Shares Outstanding	32.7M	32.4M	32.0M	31.5M	31.5M	37.2M
Liabilities And Stockholders Equity	1.0B	1.2B	1.7B	2.3B	2.3B	2.4B
Non Current Liabilities Total	47.0M	44.5M	75.3M	620.9M	577.1M	605.9M
Inventory	280.8M	298.7M	532.0M	755.9M	637.4M	669.2M
Other Current Assets	13.6M	7.8M	13.0M	39.8M	32.7M	34.3M
Other Stockholder Equity	52.6M	64.1M	77.5M	88.8M	101.0M	56.9M
Total Liab	267.5M	367.1M	740.4M	1.3B	1.1B	1.2B
Property Plant And Equipment Gross	134.0M	91.0M	173.9M	258.5M	504.2M	529.4M
Total Current Assets	754.6M	922.9M	1.1B	1.3B	1.2B	1.3B
Accounts Payable	90.4M	117.9M	177.4M	179.8M	176.7M	185.5M
Non Currrent Assets Other	33.0M	30.5M	46.5M	48.8M	38.9M	40.8M
Cash	68.4M	155.6M	58.8M	46.0M	36.8M	35.7M
Cash And Short Term Investments	68.4M	155.6M	58.8M	46.0M	36.8M	36.0M
Intangible Assets	21.3M	25.2M	178.8M	322.4M	301.6M	316.6M
Common Stock Total Equity	326K	322K	316K	314K	361.1K	250.6K
Common Stock	326K	322K	316K	314K	313K	240.1K
Good Will	74.5M	91.1M	197.3M	443.0M	443.9M	466.1M
Other Assets	37.4M	90.4M	46.5M	39.4M	45.3M	47.5M
Property Plant Equipment	134.0M	91.0M	173.9M	148.5M	170.7M	179.3M
Other Liab	17.3M	7.4M	22.9M	40.2M	46.2M	48.5M
Net Tangible Assets	677.8M	774.4M	556.6M	375.4M	431.7M	553.0M
Capital Surpluse	52.6M	64.1M	77.5M	88.8M	102.1M	57.5M
Non Current Liabilities Other	13.3M	3.6M	4.9M	28.3M	9.6M	9.8M

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

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0.86	DKS	Dicks Sporting Goods Financial Report 28th of May 2024	Pair Corr

Moving against Dorman Stock

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0.56	BIG	Big Lots Financial Report 24th of May 2024	Pair Corr
0.56	MCD	McDonalds Earnings Call This Week	Pair Corr
0.45	GME	GameStop Corp Financial Report 5th of June 2024	Pair Corr
0.43	TDUP	ThredUp Financial Report 14th of May 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In Dorman

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Is Dorman Stock a good investment?

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What is Dorman Products' Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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.

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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.

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Dorman Enterprise Value vs Net Income Analysis

Enterprise Value vs Net Income

Enterprise Value vs Net Income Correlation Analysis

Correlation Coefficient

Enterprise Value

Net Income

Dorman Products fundamental ratios Correlations

Dorman Products Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dorman Products fundamental ratios Accounts

Pair Trading with Dorman Products

Moving together with Dorman Stock

Moving against Dorman Stock

Complementary Tools for Dorman Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Intangible Assets	+ 0.99	Short Long Term Debt Total

Non Currrent Assets Other	- 0.75	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.71	Net Receivables
Common Stock Shares Outstanding	- 0.71	Retained Earnings
Common Stock Shares Outstanding	- 0.71	Total Stockholder Equity
Accounts Payable	- 0.69	Common Stock Shares Outstanding
Total Current Assets	- 0.69	Common Stock Shares Outstanding