Motorcar Parts of America Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 34.54
Dividend & YieldN/A$ (N/A)
Beta 1.55
Market capitalization 222.19M
Operating cash flow -37.48M
ESG Scores unknown

Company description

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders. It also offers test solutions and diagnostic equipment for electric vehicle powertrain development and manufacturing, including electric motor test systems, e-axle test systems, advanced power emulators, and charging unit test systems, as well as test systems for alternators, starters, belt starter generator, and bench-top testers, as well as turbochargers and test services for electric vehicle inverters. The company sells its products to automotive retail chain stores and warehouse distributors, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America. Motorcar Parts of America, Inc. was founded in 1968 and is headquartered in Torrance, California.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio0.37
Working Capital0.22
Return On Equity0.07
Debt To Equity0.06
Fixed Asset Ratio0.01
Fixed Interest Cover2.43

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 4.68M 32.12M 101.08M 65.51M
Total Cashflows From Investing Activities -22.61M -11.59M -14.21M -7.94M
Net Borrowings 65.88M 35.69M -74.19M 64.53M
Total Cash From Financing Activities 59.94M 32.15M -76.57M 60.22M
Change To Operating Activities 4.76M -1.86M -740k 7.05M
Issuance Of Stock 257k 457k 719k 499k
Net Income -7.85M -7.29M 21.48M 7.36M
Change In Cash -3.14M 39.7M -34.09M 7.49M
Effect Of Exchange Rate -136k 351k 599k 78k
Total Cash From Operating Activities -40.33M 18.8M 56.09M -44.86M
Depreciation 7.33M 9.56M 11.14M 12.89M
Change To Account Receivables 8.12M -53.91M -15.51M -76.62M
Other Cashflows From Financing Activities -1.81M -2.93M -1.6M -1.16M
Change To Netincome 20.89M 39.27M 13.66M 34.19M
Capital Expenditures -11.15M -14.16M -13.94M -7.55M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 8.01M 9.2M 8.56M 10.5M
Income Before Tax -7.58M -8.3M 30.86M 13.15M
Net Income -7.85M -7.29M 21.48M 7.36M
Selling General Administrative 64.54M 74.26M 71.87M 80.33M
Gross Profit 89.28M 118.4M 114.73M 126.62M
Ebit 16.72M 34.94M 34.3M 35.79M
Operating Income 16.72M 34.94M 34.3M 35.79M
Interest Expense -23.23M -25.04M -15.77M -15.55M
Income Tax Expense 268k -1.01M 9.39M 5.79M
Total Revenue 472.8M 535.83M 540.78M 650.31M
Cost Of Revenue 383.52M 417.43M 426.05M 523.68M
Total Other Income ExpenseNet -24.3M -43.24M -3.43M -22.64M
Net Income From Continuing Ops -7.85M -7.29M 21.48M 7.36M
Net Income Applicable To Common Shares -7.85M -7.29M 21.48M 7.36M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 352.61M 501.51M 546.74M 700.43M
Total Stockholder Equity 279.75M 275.52M 301.14M 315.26M
Other Current Liabilities 56.03M 61.91M 75.9M 87.98M
Total Assets 632.36M 777.03M 847.88M 1.02B
Common Stock 188k 190k 190k 191k
Other Current Assets 207k 1.43M 1.16M
Retained Earnings 71.41M 64.12M 85.59M 92.95M
Treasury Stock -6.89M -7.37M -7.7M -5.07M
Cash 9.91M 49.62M 15.52M 23.02M
Total Current Liabilities 279.35M 318.49M 326.13M 426.4M
Other Stockholder Equity -6.89M -7.37M -7.7M -5.07M
Property, Plant, and Equipment 35.15M 97.99M 125.37M 133.06M
Total Current Assets 352.88M 409.12M 422.86M 536.99M
Net Tangible Assets 268.12M 265.92M 292.61M 308.26M
Net Receivables 88.21M 115.36M 90.47M 112.88M
Accounts Payable 92.46M 78.66M 129.33M 147.47M


Insider Transactions

Here are the insider transactions of stock shares related to Motorcar Parts of America Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
FERGUSON JOSEPH EDWINSale at price 14.42 per share.D2022-11-15Director4.33k
BORNEO RUDOLPH JD2022-10-11Director7.75k
GAY PHILIPD2022-10-11Director7.75k
MIRVIS JEFFREY PD2022-10-11Director7.75k
FERGUSON JOSEPH EDWIND2022-10-11Director7.75k
BRYAN DAVIDD2022-10-11Director7.75k
WHITTAKER BARBARA L.D2022-10-11Director7.75k
SELWYN JOFFEConversion of Exercise of derivative security at price 6.46 per share.D2022-09-23Chief Executive Officer125.06k
SELWYN JOFFESale at price 14.00 - 14.06 per share.D2022-09-22Chief Executive Officer82.62k
SELWYN JOFFEConversion of Exercise of derivative security at price 6.46 per share.D2022-09-22Chief Executive Officer108.14k
SHAH KAMLESHSale at price 16.01 per share.D2022-08-25Officer3.18k
SHAH KAMLESHConversion of Exercise of derivative security at price 6.46 per share.D2022-08-25Officer4.96k
GAY PHILIPConversion of Exercise of derivative security at price 6.48 per share.D2022-08-23Director3k
SHAH KAMLESHSale at price 16.00 - 16.02 per share.D2022-08-19Officer5.74k
SHAH KAMLESHConversion of Exercise of derivative security at price 6.46 per share.D2022-08-19Officer8.94k
LEE DAVID SUNGSale at price 14.46 per share.D2022-08-11Chief Financial Officer23.94k
LEE DAVID SUNGConversion of Exercise of derivative security at price 6.46 per share.D2022-08-11Chief Financial Officer30.9k
SCHOONER DOUGLAS EARLD2022-07-01Officer834
LEE DAVID SUNGD2022-07-01Chief Financial Officer1.99k
MOCHULSKY RICHARD KD2022-07-01Officer834
SELWYN JOFFED2022-07-01Chief Executive Officer11.86k
SHAH KAMLESHD2022-07-01Officer709
MIRVIS JEFFREY PConversion of Exercise of derivative security at price 6.64 per share.D2022-06-29Director3k
MOCHULSKY RICHARD KSale at price 13.19 per share.D2022-06-24Officer4.7k
MOCHULSKY RICHARD KConversion of Exercise of derivative security at price 6.46 per share.D2022-06-24Officer4.7k
BRYAN DAVIDPurchase at price 13.29 per share.D2022-06-21Director300
SCHOONER DOUGLAS EARLD2022-06-17Officer2.51k
LEE DAVID SUNGD2022-06-17Chief Financial Officer5.21k
MOCHULSKY RICHARD KD2022-06-17Officer2.24k
SELWYN JOFFED2022-06-17Chief Executive Officer100.01k
STONE JULIET LYNND2022-06-17General Counsel2.46k
SHAH KAMLESHD2022-06-17Officer2.17k
MIRVIS JEFFREY PConversion of Exercise of derivative security at price 6.75 per share.I2022-01-25Director3k
RANKIN JAMY P.D2021-12-30Unknown2.17k
RANKIN JAMY P.D2021-12-30Director2.17k
BORNEO RUDOLPH JSale at price 16.49 per share.D2021-12-22Director3.75k
FERGUSON JOSEPH EDWINSale at price 19.56 per share.D2021-12-13Director1k
BRYAN DAVIDPurchase at price 16.54 - 17.71 per share.D2021-11-30Director925
BRYAN DAVIDPurchase at price 19.20 per share.D2021-11-11Unknown200
BORNEO RUDOLPH JD2021-10-08Unknown3.75k
GAY PHILIPD2021-10-08Unknown3.75k
ADELSON SCOTT JOSEPHD2021-10-08Unknown3.75k
MILLER DUANE FRANKLIND2021-10-08Director3.75k
MIRVIS JEFFREY PI2021-10-08Director3.75k
FERGUSON JOSEPH EDWIND2021-10-08Unknown3.75k
BRYAN DAVIDD2021-10-08Unknown3.75k
WHITTAKER BARBARA L.D2021-10-08Unknown3.75k
BORNEO RUDOLPH JSale at price 18.62 per share.D2021-09-20Director3k
BORNEO RUDOLPH JConversion of Exercise of derivative security at price 7.43 per share.D2021-09-20Director3k
SELWYN JOFFED2021-09-02Chief Executive Officer99.08k
GAY PHILIPConversion of Exercise of derivative security at price 7.43 per share.D2021-08-25Director3k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Motorcar Parts of America Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Motorcar Parts of America Inc

Here is the result of two systematic investment strategies applied to Motorcar Parts of America Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Motorcar Parts of America Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Motorcar Parts of America Inc:

Motorcar Parts of America Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 2.52% on the backtest period.

Performance at glance

Performance

2.52 %

Latent gain

57.16 $

Invested capital

2270.84 $

Annualized return

0.61 %
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Momentum strategy results on Motorcar Parts of America Inc

This is the result of two momentum investment strategies applied to Motorcar Parts of America Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Motorcar Parts of America Inc

The following chart shows all the entries opened by the momentum investment system on Motorcar Parts of America Inc:

Motorcar Parts of America Inc momentum entries
  • The first momentum investment strategy would give 3.73% of return on Motorcar Parts of America Inc. That represents 252.38$ of latent gain with 6770.41$ of employed capital.
  • The second momentum investment strategy would give 3.04% of return on Motorcar Parts of America Inc. That represents 84.76$ of latent gain with 2786.44$ of employed capital.
Performance at glance (1Q Momentum)

Performance

3.73 %

Latent gain

252.38 $

Invested capital

6770.41 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

3.04 %

Latent gain

84.76 $

Invested capital

2786.44 $

Annualized return

0.83 %

Momentum equity curve on Motorcar Parts of America Inc

The following chart shows the equity curve of the two momentum strategies applied to Motorcar Parts of America Inc:

Motorcar Parts of America Inc momentum equity

Note: the dividends potentially given by Motorcar Parts of America Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Motorcar Parts of America Inc

The following chart shows the employed capital evolution of the two momentum strategies on Motorcar Parts of America Inc since the beginning:

Motorcar Parts of America Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Motorcar Parts of America Inc

Buy the dip entry openings on Motorcar Parts of America Inc

Motorcar Parts of America Inc

The performance achieved by the robo-advisor on Motorcar Parts of America Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Motorcar Parts of America Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Motorcar Parts of America Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Motorcar Parts of America Inc

The following chart shows the result of the investment strategy applied to Motorcar Parts of America Inc:

Motorcar Parts of America Inc

Note: the dividends potentially given by Motorcar Parts of America Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Motorcar Parts of America Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Motorcar Parts of America Inc:

Motorcar Parts of America Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Motorcar Parts of America Inc

In this section, I will compare the three previous investment strategies applied to Motorcar Parts of America Inc.

Equity curve comparison on Motorcar Parts of America Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Motorcar Parts of America Inc investment strategy comparison

Employed capital comparison on Motorcar Parts of America Inc

Motorcar Parts of America Inc investment comparison

Performance comparison on Motorcar Parts of America Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 2.52% 57.16$ 2270.84$ 0.61%
Momentum 1 quarter 3.73% 252.38$ 6770.41$ 0.96%
Momentum 2 quarters 3.04% 84.76$ 2786.44$ 0.83%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

0.61 %

Momentum 1Q

0.83 %

Momentum 2Q

0.83 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Motorcar Parts of America Inc:

Note: The algorithm computes the probability of correlation between Motorcar Parts of America Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Motorcar Parts of America Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Motorcar Parts of America Inc
Country United States
City Torrance
Address 2929 California Street
Phone 310 212 7910
Website www.motorcarparts.com
FullTime employees 5800
Industry Auto Parts
Sector Consumer Cyclical
Exchange XNAS
Ticker MPAA
Market www.nasdaq.com

Motorcar Parts of America Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown