Motorcar Parts of America, Inc. (MPAA) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+67.0%

$17.37

vs $10.40 price

Levered DCF

$29.49

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

1.3

Distress zone

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	17.28×	-9.6×	-3.24×	-33.82×	45.72×	19.91×	-32.26×	-45.14×
P/B	0.8×	0.73×	0.56×	0.45×	1.08×	1.42×	0.86×	1.27×
P/S	0.27×	0.25×	0.22×	0.21×	0.52×	0.79×	0.44×	0.75×
EV / EBITDA	5.19×	7.54×	6.57×	8.38×	13.96×	10.37×	16.54×	21.01×
Gross margin	20.2%	20.3%	18.5%	16.7%	18.1%	20.2%	22.1%	18.9%
Operating margin	7.2%	5.3%	6.4%	5.3%	4.4%	8.6%	3.1%	3.3%
Net margin	1.6%	-2.6%	-6.9%	-0.6%	1.1%	4.0%	-1.4%	-1.7%
Current ratio	1.46×	1.46×	1.39×	1.4×	1.26×	1.3×	1.28×	1.26×
Debt / equity	0.75×	0.78×	0.84×	0.87×	0.83×	0.62×	0.89×	0.49×
Interest coverage	1.22×	0.72×	0.77×	0.92×	1.85×	2.96×	0.67×	0.67×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	4.7%	-7.6%	-17.3%	-1.3%	2.3%	7.1%	-2.6%	-2.8%
Return on invested capital	4.8%	5.6%	6.2%	4.5%	2.1%	5.3%	2.4%	3.3%
Return on assets	1.2%	-2.0%	-4.9%	-0.4%	0.7%	2.5%	-0.9%	-1.2%
Free cash flow yield	10.7%	21.9%	24.0%	-18.0%	-15.4%	9.8%	1.9%	-14.5%
Earnings yield	5.8%	-10.4%	-30.9%	-2.9%	2.2%	5.0%	-3.1%	-2.2%
Enterprise value	$398.5M	$378.9M	$384.7M	$409.5M	$580.6M	$598.9M	$434.9M	$482.7M
Net debt / EBITDA	2.41×	3.82×	3.85×	5.43×	5.76×	2.96×	7.49×	5.59×
Cash conversion cycle (days)	185	192	217	231	227	208	215	211