MOTORCAR PARTS OF AMERICA INC (MPAA)

Motorcar Parts of America, Inc. engages in the manufacture, remanufacture, and distribution of automotive parts. It operates through the following segments: Hard Parts, Test Solutions and Diagnostic Equipment, and Heavy Duty. The Hard Parts segment is composed of light duty rotating electric products such as alternators and starters, wheel hub products, and brake-related products. The Test Solutions and Diagnostic Equipment segment represents bench top testers for alternators and starters, test solutions and diagnostic equipment for the pre- and post-production of electric vehicles, and software emulation of power systems applications for the electrification of all forms of transportation. The Heavy Duty segment deals with non-discretionary automotive aftermarket replacement hard parts for heavy-duty truck, industrial, marine, and agricultural applications. The company was founded by Mel Marks in 1968 and is headquartered in Torrance, CA.

Address

2929 CALIFORNIA STREET
TORRANCE, CA 90503

Founded

1968

Number of Employees

5,900

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - - $6,465 $8,835 - - $3,052 - - - $6,118
Average Price - - - $27.36 $23.76 - - $18.91 - - - $23.85
# Shares Purchased - - - 236,318 371,896 - - 161,446 - - - 256,553
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - -78.1% -74.7% - - -68.3% - - - -74.8%
S&P 500 Return to Date - - - 129.7% 104.9% - - 31.7% - - - 88.7%
Excess Total Return - - - -207.8% -179.6% - - -99.9% - - - -163.6%
Quartile Rank
Percentile Rank - - - 6% 5% - - 7% - - - 7%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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