Motorcar Parts of America, Inc. (MPAA) Stock

Motorcar Parts of America, Inc. (MPAA) is a Consumer Discretionary stock trading at $11.78 (as of 2026-08-20), with a market capitalization of $223.03M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes replacement parts for heavy-duty truck, industrial, marine, and agricultural applications. Its product lines include rotating electrical components (such as alternators and starters), wheel hub assemblies and bearings, and brake-related parts, and it also provides test and diagnostic equipment for electric vehicle powertrain development and related test services for components like inverters.

Understand Motorcar Parts of America, Inc.: how it makes money

Motorcar Parts of America makes, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural replacement parts, including rotating electrical products (alternators and starters), wheel hub assemblies and bearings, and brake-related parts, and it also provides test solutions and diagnostic equipment for electric vehicle powertrain development and manufacturing.

Core Revenue is the profit engine, supported by continuously adding new part numbers and expanding the set of vehicles covered, while managing working capital via Days Outstanding Receivable.

Business quality (Weak): The company has a clear operating focus (Core Revenue and ongoing part-number expansion) and a modest operating margin (5.0%), but the provided data does not include a segment breakdown, and the operating KPIs are listed without quarter timing.

Valuation: At 25× earnings, MPAA trades 24% above the Automobiles & Trucks average (20×). Note: one-time items can distort reported P/E.

Bull case

Replacement parts platform plus EV testing equipment: The company sells both heavy-duty replacement parts (including rotating electrical and brake components) and test solutions and diagnostic equipment for electric vehicle powertrain development and manufacturing.
Ongoing expansion of catalog coverage: Operational tracking includes New Part Numbers Introduced and Vehicles Covered by New Part Numbers Announced, indicating a structured approach to broadening what it can supply.
Working capital monitoring: Days Outstanding Receivable is tracked (45), which helps investors watch cash conversion risk from receivables.

Bear case

Thin profitability: Operating margin is 5.0%, so adverse moves in costs, mix, or volumes could pressure earnings.
Growth may depend on continued part-number additions: The operating model appears tied to maintaining momentum in New Part Numbers and vehicle coverage, so slowing catalog expansion could limit Core Revenue growth.
Receivables can affect cash flow: Days Outstanding Receivable is 45, and changes in collection timing could impact liquidity even if sales hold up.

Valuation — source: SEC EDGAR (first-party)
Price	$11.78
Market Cap	$223.03M
EV / EBITDA	3.1
Price / Book	0.88
Price / Sales	0.30
FCF Yield	21.6%
DCF Value (model)	$60.71
DCF Upside vs Price	415.4%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$789.81M
Net Margin	1.6%
Revenue Growth (YoY)	4.3%
EPS Growth (YoY)	-164.6%
FCF Growth (YoY)	-62.2%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.43 (distress)

Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Automobiles & Trucks)	17.2

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock Fund Advisors ($41.78M)
Institutional Holders Tracked	10

Company
Sector	Consumer Discretionary
Industry	Automobiles & Trucks
CEO	Selwyn H. Joffe
Employees	5,900
Country	US
IPO Date	1994-03-23

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.