Dorman Products Inc (DORM) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Dorman Products Inc stock $108, price $137, that is 21.1% below the price, quality 64 out of 100. Rating: overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range $62.18 – $166.34 · fair‑value band $52.57 – $160.09 · the $136.70 price screens above the $107.86 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 5, 2026.
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Dorman Products, Inc. supplies replacement and upgrade parts for the motor vehicle aftermarket industry in the United States and internationally. It operates through segments Light Duty, Heavy Duty, and Specialty Vehicle segments.
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The company offers engine products, including intake and exhaust manifolds, oil filters and coolers, fans, thermostat housings, and throttle bodies; undercar products, such as fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, transmission, and axle components; steering and suspension products comprising control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, including door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products, such as new and remanufactured modules, clusters and sensors; and hardware products consisting of threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise.
It also provides OE FIX solutions, including exhaust manifolds, metal heater hose connectors, and aluminum oil filter housings; and intake manifolds, exhaust manifolds, oil filters and coolers, exhaust gas recirculation coolers, driveshafts, UTV windshields, and complex electronics modules.
The company markets its products under the DORMAN, DORMAN OE FIX, HELP!, Conduct-Tite, Dayton Parts, SuperATV, Keller Performance Products, Assault Industries, Gboost, and GDP brands through aftermarket retailers, dealers, and national, regional, and local wholesale distributors and specialty markets.
Dorman Products, Inc. was founded in 1918 and is headquartered in Colmar, Pennsylvania.
Stock analysis
Dorman Products Inc (DORM) currently trades at $136.70, while our model-based Fair Value estimate is $107.86, 21% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $130.68 per share, and 6 of the 24 models we run sit above the $136.70 price.
Bear case: the Asset-Based group reads lowest at $17.14, and 18 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $52.57 (bear) to $160.09 (bull), the price of $136.70 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 64/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Dorman Products Inc reported revenue of $2.1B in FY2025 versus $1.3B in FY2021, a compound +12.2%/yr. Reported net income was $204M in FY2025, compounding +11.6%/yr from FY2021.
Key figures
Market cap $4.1B Mid · P/E ratio 19.8 · P/S ratio 1.89 · EPS (TTM) $6.90 · Net margin 9.3% · Return on equity 13.3% · Return on assets (EBIT) 10.7% (5-year average) · Operating margin 14.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 56 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 36% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −23% fair-value upside, at −21%, DORM screens cheaper than that median.
Fair Value models
Bear$52.57Fair Value $107.86Bull$160.09
Price $136.70 · Downside -21.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($5.90 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 2 officers or directors sold shares worth $611,257 and none bought.
SaleDonna M. LongSVP, CIO3× since Jan 2, 2026: 2,493 shares, avg. $119.27$297,340Aug 17, 202610b5-1 plan
SaleGregory C. BowenVP, Chief Accounting Officer3,531 shares at $145.01$512,013Aug 5, 2026
SaleJohn McKnightPresident, Heavy Duty2× since Dec 1, 2025: 6,898 shares, avg. $130.16$897,816Dec 12, 2025
Plus 17 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+6.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.3%
Start year 2020 (pandemic). Over 10 years: +10.2% a year
Revenue growth 36 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+21.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+21.3%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.15.0% vs 9.8%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.12% → 17%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+30.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +27.5% a year for the price and +1.5% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (92 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Dorman Products draws strength from proprietary fixes for common part failures and reduced Chinese supplier reliance, yet its business quality stays limited by thin evidence of durable advantages and only moderate profitability.
Main risk: Weaker demand could weigh heavily on sales and margins even after the company's innovation efforts and supply chain adjustments away from Chinese suppliers.
Dorman Products builds its edge by engineering proprietary fixes for common failures in original equipment parts that standard replacements overlook. Recent quarters showed strong profits partly from tariff cost recoveries, while the company has cut its reliance on Chinese suppliers to below 40 percent. Will this combination of targeted innovation and supply chain shifts keep margins resilient despite the trimmed sales growth outlook, or will weaker demand weigh more heavily?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Auto Parts · 656 stocks
Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score64 · Top 25%
Fair Value upside−21.1% · Below median
Profitability
Return on equity (12 months)13.3% · Top 25%
Return on assets8.2% · Top 25%
Net margin (12 months)9.3% · Top 25%
Operating margin (12 months)14.7% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)3.3% · Below median
Balance sheet
Debt / equity0.27× · Above median
Valuation Multiplesvs Auto Parts median · lower = cheaper
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Is Dorman Products Inc (DORM) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of $107.86 versus a price of $136.70, about 21% lower (overvalued).
What is the fair value of DORM?
Our model-based fair value for Dorman Products Inc is $107.86 (as of Nov 5, 2026), built from audited fundamentals. The current price: $136.70.
What is the quality score of DORM?
Dorman Products Inc has a Quality Score of 64/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Dorman Products Inc (DORM)?
Our model-based price target is the fair value of $107.86 (as of Nov 5, 2026) from 24 valuation models. Cautious scenario $52.57, optimistic scenario $160.09. It is a calculation from audited fundamentals, not an analyst target.
What is the Dorman Products Inc stock forecast for 2026?
Our models put fair value at $107.86, about 21% lower versus a price of $136.70 (overvalued). Cautious scenario $52.57, optimistic scenario $160.09. The calculation is refreshed regularly with new filings.
What is the revenue of Dorman Products Inc (DORM)?
Dorman Products Inc reported trailing-twelve-month revenue of about $2.2B (latest available figure, as of Nov 5, 2026).
What growth is priced into Dorman Products Inc (DORM)?
For today's price to be fair in a discounted-cash-flow model, Dorman Products Inc would have to grow free cash flow by +30.5 % per year for five years (discount rate 9.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.3 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of DORM use?
Our models discount Dorman Products Inc at 9.8 %: a base by market capitalisation (mid), damped by beta 1.02, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Dorman Products Inc that is +30.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.8 %) and the same formula as our fair value.
How much growth has Dorman Products Inc (DORM) delivered so far?
Over the past 5 years revenue at Dorman Products Inc grew +14.3 % a year. The price currently implies free-cash-flow growth of +30.5 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Dorman Products Inc (DORM) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Dorman Products Inc (+30.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Dorman Products Inc (DORM)?
The free-cash-flow yield on the price is 1.85 %: that much free cash flow Dorman Products Inc produces per unit of market value. When it exceeds the discount rate of our models (9.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Dorman Products Inc (DORM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Dorman Products Inc it is $107.86 per share (as of Nov 5, 2026), against a price of $136.70. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Dorman Products Inc stock overvalued or undervalued in 2026?
As of Nov 5, 2026, DORM trades above its calculated fair value: price $136.70, fair value $107.86, a gap of about −21% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of DORM?
No. The price is what the market pays today ($136.70); the fair value is what the company's own numbers justify ($107.86). For Dorman Products Inc the two are $28.84 per share apart. That gap is exactly why we show both numbers side by side.
How much is Dorman Products Inc worth?
The market values Dorman Products Inc at about $4.1B (market capitalisation, as of Nov 5, 2026). Per share that is $136.70; our models calculate a fair value of $107.86 per share.
What do the bullish and bearish scenarios say about DORM?
Our models span a range for Dorman Products Inc: cautious scenario $52.57, base $107.86, optimistic $160.09 per share (as of Nov 5, 2026, price $136.70). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DORM?
Dorman Products Inc trades at a price-to-earnings ratio of 19.8 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $107.86 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 16.1 (reported for FY2025: 20.6). Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2020, FY2023, FY2025 ex one-offs: 23.1. Other multiples: PEG 1.2, P/B 2.8, P/S 1.9, EV/EBITDA 11.1.
What is the PEG ratio of DORM?
The PEG ratio of Dorman Products Inc is 1.17 (P/E divided by earnings growth, as of Nov 5, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Dorman Products Inc (DORM)?
Balance-sheet figures for Dorman Products Inc (as of Nov 5, 2026): return on equity 13.3%, debt of 0.27 per unit of equity. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is DORM from its 52-week high?
Dorman Products Inc trades at $136.70, about 8% below its 52-week high of $147.80 and 36% above the low of $100.50 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $107.86 is for.
Which stocks are comparable to Dorman Products Inc?
From the same area (Consumer Cyclical) we also value O'Reilly Automotive, Inc, AutoZone, Inc, Hyundai Mobis Co, Fuyao Glass Industry Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Dorman Products Inc stock attractive at the current price?
The data as of Nov 5, 2026: price $136.70, calculated fair value $107.86 (−21%), Quality Score 64/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of DORM calculated?
We run Dorman Products Inc through 24 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $107.86 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Dorman Products Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Dorman Products Inc (DORM)?
The closing price on Nov 6, 2026 was $136.70. Our model-based fair value is $107.86, about 21% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Dorman Products Inc right now?
The model range is unusually wide ($52.57 to $160.09). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Dorman Products Inc (DORM) come from?
Earnings per share at Dorman Products Inc grew +8.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +12.4 %, EBIT margin −3.1 %, tax rate +1.8 %, residual (interest, one-offs) −2.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Dorman Products Inc
How large is the market capitalisation of Dorman Products Inc (DORM)?
The market capitalisation of Dorman Products Inc is $4.1B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Dorman Products Inc (DORM)?
The price-to-sales ratio of Dorman Products Inc is 1.89 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Dorman Products Inc (DORM)?
Earnings per share at Dorman Products Inc are $6.90 (price ÷ EPS = P/E 19.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Dorman Products Inc (DORM)?
The net margin of Dorman Products Inc is 9.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Dorman Products Inc (DORM)?
The return on equity (ROE) of Dorman Products Inc is 13.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Dorman Products Inc (DORM)?
On an EBIT basis the return on assets of Dorman Products Inc is 10.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Dorman Products Inc (DORM)?
The operating margin of Dorman Products Inc is 14.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Dorman Products Inc (DORM)?
Revenue at Dorman Products Inc is growing +3.3% versus a year earlier (3y avg +7.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Dorman Products Inc (DORM)?
Earnings per share at Dorman Products Inc are growing −20.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Dorman Products Inc (DORM) carry?
The net debt of Dorman Products Inc is $584M (fiscal year 2025, ≈ 7.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 5, 2026