Dorman Products Inc. Common Stock (DORM)

FairStock Score: 54/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for a durable business bought at a sensible price. Dorman supplies replacement and upgrade parts for the motor vehicle aftermarket, where demand is tied to repairs and older vehicles but still follows the economic cycle. The numbers show a reasonably sturdy enterprise. Competitive advantage is not obvious: aftermarket catalogs and distribution create some stickiness, but the business remains exposed to competition and economic cycles. FairStock calculations from the provided data put return on equity at 15.05%, return on capital employed at 9.17%, debt/equity at 0.35, Altman Z-Score at 3.91, and Piotroski F-Score at a perfect 9/9. Trailing free cash flow is $214.2M, a 5.9% FCF yield, so cash generation is real. Growth has been respectable: in fiscal 2023, the year ended 2023-12-31, revenue was $1.9B, net income $129.3M, and diluted EPS $4.10; in fiscal 2024, the year ended 2024-12-31, revenue was $2.0B, net income $190.0M, and diluted EPS $6.14; in fiscal 2025, the year ended 2025-12-31, revenue was $2.1B, net income $204.2M, and diluted EPS $6.64. More recently, in fiscal Q2 2026, the quarter ended 2026-06-27, revenue was $544.6M, net income $87.8M, and diluted EPS $2.93, versus revenue $541.0M, net income $58.7M, and diluted EPS $1.91 in fiscal Q2 2025, the quarter ended 2025-06-28. Valuation is not a steal: at the 2026-10-13 close of $123.34, FairStock shows P/E 17.11, P/B 2.42, EV/EBITDA 10.72, Graham Number $91.02, and margin of safety -35.51%. Dorman looks like a decent cyclical compounder at a fair price, not a Graham bargain.

In plain English: Dorman makes replacement and upgrade parts for cars and trucks, mainly sold to repair shops and parts sellers. The business looks financially solid: sales have grown, debt is low, and it generates cash, but profits can rise and fall with the economy. At $123.34 on 2026-10-13, the price looks fair rather than clearly cheap compared with its recent profit and asset values.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-27) · fiscal Q1 2026 10-Q (period ended 2026-03-28) · fiscal Q3 2025 10-Q (period ended 2025-09-27) · fiscal Q2 2025 10-Q (period ended 2025-06-28) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer