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Carparts.Com Inc PRTS

CarParts.com, Inc. is a technology-driven e-commerce company. It serves as an end-to-end solution for automotive repair and maintenance resources. It principally sells its products, identified as stock keeping units, to individual consumers through its Website, www.carparts.com, and online marketplaces. It has classified its products into three subcategories by function: replacement parts, hard parts, and performance parts and accessories. The replacement parts category is primarily comprised of parts for the exterior of an automobile. Parts in this category are typically replacement parts for original body parts that have been damaged as a result of a collision or through general wear and tear. The hard parts category is comprised of engine and chassis components, as well as other mechanical and electrical parts. These parts serve as replacement parts for existing engine parts. It offers performance versions of many parts, including parts from one of its own house brands, JC Whitney.


NDAQ:PRTS - Post by User

Post by stockfyon Dec 12, 2017 10:03am
219 Views
Post# 27137193

LKQ pays 2 times revenue for Warn and PRTS

LKQ pays 2 times revenue for Warn and PRTS LKQ, one of PRTS' peers, acquired Warn Industries from DOV for $250 million and paid 2 times revenue just a couple of months ago. Warn makes $130 million annual revenue:

https://www.chicagobusiness.com/article/20171027/NEWS05/171029871/lkq-buys-dover-unit-for-250-million


"Under the Warn Industries brand, Dover makes and sells hydraulic and electric winches and hoists for consumer and industrial markets, a business that generates between $130 million and $140 million in revenue".


PRTS' Enterprise Value now at $2.20 is under $70 million, which is just 0.25 times its annual revenue.

On top of this, PRTS is debt-free and consistently grows its top and bottom lines.


I expect Uni-Select (UNS.T) to continue its acquisitions and acquire PRTS.

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