Digital Auto Care Factbook 2016 - 31

FINANCIAL PROFILES OF SELECT AUTO CARE COMPANIES

Valuation Metrics
As of 3/31/2015

($ in millions, except per share)

Ticker

Stock
Price

52 Week
High / Low

Market
Cap

Price /
TBV

TEV

LTM

P/E
Forward PEG
CY 2015 CY 2016 CY 2015 CY 2016

TEV / Revenue
LTM CY 2015 CY 2016

TEV / EBITDA
LTM CY 2015 CY 2016

SUPPLIERS
Cooper Tire & Rubber Co.

CTB

$42.84

$42.86 / $23.40

$2,488

$2,342

3.6x

13.7x

14.2x

12.7x

NA

NA

0.7x

0.8x

0.7x

4.5x

5.5x

5.2x

Dorman Products, Inc.

DORM

$49.75

$60.99 / $37.22

1,768

1,720

4.1x

20.5x

17.5x

15.4x

1.3x

1.1x

2.3x

2.1x

1.9x

11.2x

10.0x

8.9x

Federal-Mogul Corp.

FDML

$13.31

$21.12 / $12.45

2,250

4,711

NM

17.1x

16.7x

11.9x

NA

NA

0.6x

0.6x

0.5x

7.1x

7.4x

6.1x

Goodyear Tire & Rubber Co.

GT

$27.08

$28.98 / $18.87

7,305

12,355

2.5x

13.1x

9.3x

8.0x

NA

NA

0.7x

0.7x

0.7x

5.6x

5.0x

4.7x

Motorcar Parts of America, Inc.

MPAA

$27.79

$36.43 / $20.86

499

504

2.7x

34.2x

16.1x

14.6x

0.7x

0.6x

1.7x

1.6x

1.3x

NM

7.6x

6.3x

Remy International, Inc.

REMY

$22.21

$27.30 / $16.31

715

940

NM

32.0x

13.6x

11.6x

0.9x

0.8x

0.8x

0.8x

0.8x

7.5x

6.9x

6.1x

Snap-on, Inc.

SNA

$147.06 $148.41 / $108.82

8,577

9,381

7.2x

22.4x

18.7x

16.7x

1.6x

1.4x

2.7x

2.7x

2.6x

12.4x

11.5x

11.0x

Standard Motor Products, Inc.

SMP

$42.26

$45.80 / $32.62

967

1,011

3.4x

17.0x

14.9x

13.6x

1.8x

1.7x

1.0x

1.0x

0.9x

9.0x

8.2x

NA

Tenneco, Inc.

TEN

$57.42

$69.22 / $46.64

3,519

4,442

10.0x

15.0x

11.7x

10.1x

1.0x

0.8x

0.5x

0.5x

0.5x

6.0x

5.5x

5.0x

MEAN

$3,121

$4,156

4.8X

20.6X

14.8X

12.7X

1.2X

1.1X

1.2X

1.2X

1.1X

7.9X

7.5X

6.6X

MEDIAN

$2,250

$2,342

3.6X

17.1X

14.9X

12.7X

1.1X

1.0X

0.8X

0.8X

0.8X

7.3X

7.4X

6.1X

RETAILERS & DISTRIBUTORS
Advance Auto Parts, Inc.

AAP

$149.69 $165.00 / $115.76

$10,948

$12,503

42.2x

19.8x

17.6x

15.3x

1.2x

1.0x

1.3x

1.3x

1.2x

10.0x

9.3x

8.5x

AutoZone, Inc.

AZO

$682.16 $694.45 / $491.93

21,640

25,932

NM

21.0x

19.0x

17.0x

1.4x

1.3x

2.6x

2.6x

2.4x

12.3x

11.7x

11.0x
10.2x

Genuine Parts Company

GPC

$93.19

$109.00 / $82.15

14,230

14,909

7.4x

20.6x

19.2x

17.7x

2.1x

2.0x

1.0x

0.9x

0.9x

11.7x

10.8x

KAR Auction Services, Inc.

KAR

$37.93

$39.52 / $25.91

5,359

7,825

NM

29.1x

22.1x

19.4x

1.6x

1.4x

3.3x

3.1x

2.9x

13.6x

12.0x

11.1x

O'Reilly Automotive, Inc.

ORLY

$216.24 $220.11 / $141.08

22,013

23,160

17.7x

30.0x

25.3x

22.2x

1.5x

1.3x

3.2x

3.0x

2.8x

15.9x

14.2x

13.1x

Pep Boys - Manny, Moe & Jack

PBY

$9.62

$13.22 / $8.00

515

855

1.0x

NM

NM

33.8x

NM

NA

0.4x

0.4x

0.4x

9.5x

8.6x

6.2x

U.S. Auto Parts Network, Inc.

PRTS

$2.17

$4.09 / $2.07

73

89

4.2x

NM

NM

NM

NM

NM

0.3x

0.3x

0.3x

16.6x

13.6x

8.9x

Uni-Select, Inc.

UNS

$43.68

$35.20 / $19.75

927

1,109

5.0x

24.5x

18.9x

18.3x

NM

NM

0.6x

0.8x

1.0x

13.1x

12.2x

13.0x

MEAN

$9,463

$10,798

12.9X

24.2X 20.3X

20.5X

1.6X

1.4X

1.6X

1.5X

1.5X

12.8X

11.6X

10.3X

MEDIAN

$8,154

$10,164

6.2X

22.7X

19.1X

18.3X

1.5X

1.3X

1.1X

1.1X

1.1X

12.7X

11.8X

10.6X

1

INDEPENDENT SERVICE PROVIDERS & DEALERS
Asbury Automotive Group, Inc.

ABG

$83.10

$83.62 / $52.88

$2,375

$3,916

8.1x

18.4x

16.1x

14.4x

1.0x

0.9x

0.7x

0.6x

0.6x

13.4x

12.3x

11.4x

AutoNation, Inc.

AN

$64.33

$65.00 / $46.16

7,306

12,457

18.1x

18.2x

16.2x

14.5x

1.1x

1.0x

0.7x

0.6x

0.6x

13.7x

12.7x

11.6x

CarMax, Inc.

KMX

$69.01

$69.60 / $42.54

14,493

23,119

4.6x

25.5x

26.5x

22.8x

1.7x

1.5x

1.6x

1.6x

1.5x

22.5x

21.4x

19.1x

Group 1 Automotive, Inc.

GPI

$86.33

$93.23 / $60.31

2,093

4,548

NM

13.6x

12.9x

11.6x

0.9x

0.8x

0.5x

0.4x

0.4x

11.8x

12.0x

11.1x

Lithia Motors, Inc.

LAD

$99.41

$100.25 / $63.05

2,610

4,401

8.1x

19.2x

16.1x

14.5x

0.7x

0.7x

0.8x

0.6x

0.5x

16.7x

12.9x

11.8x

Monro Muffler Brake, Inc.

MNRO

$65.05

$67.93 / $46.93

2,060

2,338

26.7x

34.8x

34.4x

28.0x

2.3x

1.9x

2.7x

2.6x

2.3x

16.6x

16.3x

13.7x

Penske Automotive Group, Inc.

PAG

$51.49

$52.70 / $36.36

4,651

8,729

NM

16.9x

13.9x

12.7x

1.1x

1.0x

0.5x

0.5x

0.4x

14.4x

13.6x

12.6x

Pep Boys - Manny, Moe & Jack

PBY

$9.62

$13.22 / $8.00

515

855

1.0x

NM

NM

33.8x

NM

NA

0.4x

0.4x

0.4x

9.5x

8.6x

6.2x

Rush Enterprises, Inc.

RUSH.B

$24.72

$32.88 / $23.73

1,066

2,356

3.6x

25.9x

16.1x

13.9x

NA

NA

0.7x

0.6x

0.5x

13.1x

14.0x

11.4x

Sonic Automotive, Inc.

SAH

$24.90

$27.87 / $21.76

1,268

3,320

11.8x

12.4x

13.0x

11.5x

1.2x

1.0x

0.4x

0.3x

0.3x

11.1x

11.6x

10.8x

MEAN

$3,844

$6,604

10.3X

20.6X

18.3X

17.8X

1.3X

1.1X

0.9X

0.8X

0.8X

14.3X

13.5X

12.0X

MEDIAN

$2,234

$4,159

8.1X

18.4X

16.1X

14.4X

1.1X

1.0X

0.7X

0.6X

0.5X

13.5X

12.8X

11.5X

COLLISION
Boyd Group Income Fund1

BYD.UN

$41.86

$43.12 / $27.88

$881

$767

NM

24.6x

19.1x

16.1x

NA

NA

0.9x

0.7x

0.7x

14.2x

8.9x

7.9x

Copart, Inc.

CPRT

$37.57

$38.50 / $29.93

4,750

4,845

6.1x

21.7x

21.8x

19.7x

1.6x

1.4x

4.2x

4.1x

3.9x

11.7x

11.7x

10.8x

KAR Auction Services, Inc.

KAR

$37.93

$39.52 / $25.91

5,359

7,825

NM

29.1x

22.1x

19.4x

1.6x

1.4x

3.3x

3.1x

2.9x

13.6x

12.0x

11.1x

LKQ Corp.

LKQ

$25.56

$29.84 / $22.90

7,773

9,529

41.7x

20.9x

18.2x

15.4x

1.0x

0.9x

1.4x

1.3x

1.2x

12.2x

10.9x

9.6x

Solera Holdings, Inc.

SLH

$51.66

$69.60 / $45.69

3,471

5,780

NM

49.5x

16.3x

14.8x

1.5x

1.3x

5.3x

5.1x

4.7x

14.2x

12.4x

11.5x

MEAN

$4,447

$5,749

23.9X

29.2X

19.5X

17.1X

1.4X

1.3X

3.0X

2.9X

2.7X

13.2X

11.2X

10.2X

MEDIAN

$4,750

$5,780

23.9X

24.6X

19.1X

16.1X

1.5X

1.4X

3.3X

3.1X

2.9X

13.6X

11.7X

10.8X

Stock Prices, Market Cap, and Enterprise Values converted at the exchange rate as of the date above
* Definitions: LTM = Last Twelve Months; EBITDA = Earnings Before Interest, Taxes, Depreciation, and Amortization; P / E = Stock Price / Earnings Per Share; TEV = Total Enterprise Value
TBV = Tangible Book Value; PEG = (Calendarized P / E) / Long Term Growth Rate
Sources: Capital IQ, Company filings

1

4

2016 Digital Auto Care Factbook Copyright © 2015 Auto Care Association

31


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Digital Auto Care Factbook 2016

Table of Contents for the Digital Edition of Digital Auto Care Factbook 2016

Auto Care Association Market Intelligence Committee
Economic Indicators
Key Economic Indicators
National Debt
Aftermarket Dynamics
Industry Employment
Technician Employment and Wages
What Do Our Members Think?
BCI Summary
State of the Auto Care Industry
U.S. Motor Vehicle Auto Care Industry
Introduction to the Channel Forecast Model
2014 to 2018 Forecast Assumptions
U.S. Motor Vehicle Auto Care Industry
Auto Care Sales History and Forecast 2007 to 2018
Auto Care Sales by Distribution Channel
Auto Care Segmentation
Auto Care Service and Retail Outlets
Auto Care Service and Retail Outlet Analysis
Program Distribution Summary
Retail Distribution Summary
e-Tailing
Financial Benchmarks
Financial Profiles of Select Auto Care Companies
Select Auto Care Transactions
Auto Care Industry
Consumer Profile
Replacement Rates for Motor Vehicle Parts and Jobs
Top 10 Replacement Rate Categories By Vehicle Age
Auto Care Industry Segments
Medium And Heavy Duty Truck Industry
Sales of Replacement Tires
Tool and Equipment
Paint, Body and Equipment
BodyShop Business Industry Profile: 2013-14
Vehicle Registrations and Usage
U.S. New Motor Vehicle Registrations
Top 10 Light Vehicle Registrations
U.S. Total Motor Vehicle Population
Hybrid Vehicles
Vehicle Operating Costs
Miles Driven vs. Gasoline Affordability
Gasoline Affordability and Fuel Consumption
Crude Oil and Diesel Fuel Costs
State Summary Statistics
State Summary Statistics
Global Auto Care Industry
Global Economic and Automotive Data
U. S. Trade Data for Selected Motor Vehicle Products
U. S. Trade Data By Country
Canadian Auto Care Industry
Mexican Auto Care Industry
Chinese Auto Care Industry
Glossary and Reference
Glossary and Terms
NAICS Definitions
Auto Care Data Resources
Auto Care Data Resources
Auto Care Association Market Intelligence
Auto Care Association Market Intelligence
Auto Care Association – Lang Market Comparison
Harmonization of Auto Care Industry Data
Digital Auto Care Factbook 2016 - Intro
Digital Auto Care Factbook 2016 - Cover1
Digital Auto Care Factbook 2016 - Cover2
Digital Auto Care Factbook 2016 - 1
Digital Auto Care Factbook 2016 - Auto Care Association Market Intelligence Committee
Digital Auto Care Factbook 2016 - Economic Indicators
Digital Auto Care Factbook 2016 - Key Economic Indicators
Digital Auto Care Factbook 2016 - National Debt
Digital Auto Care Factbook 2016 - Aftermarket Dynamics
Digital Auto Care Factbook 2016 - 7
Digital Auto Care Factbook 2016 - Industry Employment
Digital Auto Care Factbook 2016 - Technician Employment and Wages
Digital Auto Care Factbook 2016 - Auto Care Association – Lang Market Comparison
Digital Auto Care Factbook 2016 - BCI Summary
Digital Auto Care Factbook 2016 - State of the Auto Care Industry
Digital Auto Care Factbook 2016 - U.S. Motor Vehicle Auto Care Industry
Digital Auto Care Factbook 2016 - Introduction to the Channel Forecast Model
Digital Auto Care Factbook 2016 - 2014 to 2018 Forecast Assumptions
Digital Auto Care Factbook 2016 - U.S. Motor Vehicle Auto Care Industry
Digital Auto Care Factbook 2016 - Auto Care Sales History and Forecast 2007 to 2018
Digital Auto Care Factbook 2016 - Auto Care Sales by Distribution Channel
Digital Auto Care Factbook 2016 - Auto Care Segmentation
Digital Auto Care Factbook 2016 - Auto Care Service and Retail Outlets
Digital Auto Care Factbook 2016 - Auto Care Service and Retail Outlet Analysis
Digital Auto Care Factbook 2016 - Program Distribution Summary
Digital Auto Care Factbook 2016 - Retail Distribution Summary
Digital Auto Care Factbook 2016 - e-Tailing
Digital Auto Care Factbook 2016 - 25
Digital Auto Care Factbook 2016 - 26
Digital Auto Care Factbook 2016 - Financial Benchmarks
Digital Auto Care Factbook 2016 - Financial Profiles of Select Auto Care Companies
Digital Auto Care Factbook 2016 - 29
Digital Auto Care Factbook 2016 - 30
Digital Auto Care Factbook 2016 - 31
Digital Auto Care Factbook 2016 - 32
Digital Auto Care Factbook 2016 - 33
Digital Auto Care Factbook 2016 - Select Auto Care Transactions
Digital Auto Care Factbook 2016 - 35
Digital Auto Care Factbook 2016 - 36
Digital Auto Care Factbook 2016 - 37
Digital Auto Care Factbook 2016 - 38
Digital Auto Care Factbook 2016 - 39
Digital Auto Care Factbook 2016 - 40
Digital Auto Care Factbook 2016 - 41
Digital Auto Care Factbook 2016 - 42
Digital Auto Care Factbook 2016 - 43
Digital Auto Care Factbook 2016 - 44
Digital Auto Care Factbook 2016 - Auto Care Industry
Digital Auto Care Factbook 2016 - Consumer Profile
Digital Auto Care Factbook 2016 - Replacement Rates for Motor Vehicle Parts and Jobs
Digital Auto Care Factbook 2016 - Top 10 Replacement Rate Categories By Vehicle Age
Digital Auto Care Factbook 2016 - 49
Digital Auto Care Factbook 2016 - Tool and Equipment
Digital Auto Care Factbook 2016 - Auto Care Industry Segments
Digital Auto Care Factbook 2016 - Medium And Heavy Duty Truck Industry
Digital Auto Care Factbook 2016 - Sales of Replacement Tires
Digital Auto Care Factbook 2016 - 54
Digital Auto Care Factbook 2016 - 55
Digital Auto Care Factbook 2016 - Paint, Body and Equipment
Digital Auto Care Factbook 2016 - 57
Digital Auto Care Factbook 2016 - 58
Digital Auto Care Factbook 2016 - BodyShop Business Industry Profile: 2013-14
Digital Auto Care Factbook 2016 - U.S. Total Motor Vehicle Population
Digital Auto Care Factbook 2016 - 61
Digital Auto Care Factbook 2016 - 62
Digital Auto Care Factbook 2016 - Vehicle Registrations and Usage
Digital Auto Care Factbook 2016 - U.S. New Motor Vehicle Registrations
Digital Auto Care Factbook 2016 - Top 10 Light Vehicle Registrations
Digital Auto Care Factbook 2016 - 66
Digital Auto Care Factbook 2016 - 67
Digital Auto Care Factbook 2016 - Hybrid Vehicles
Digital Auto Care Factbook 2016 - 69
Digital Auto Care Factbook 2016 - 70
Digital Auto Care Factbook 2016 - Vehicle Operating Costs
Digital Auto Care Factbook 2016 - Miles Driven vs. Gasoline Affordability
Digital Auto Care Factbook 2016 - Gasoline Affordability and Fuel Consumption
Digital Auto Care Factbook 2016 - Crude Oil and Diesel Fuel Costs
Digital Auto Care Factbook 2016 - State Summary Statistics
Digital Auto Care Factbook 2016 - State Summary Statistics
Digital Auto Care Factbook 2016 - 77
Digital Auto Care Factbook 2016 - 78
Digital Auto Care Factbook 2016 - 79
Digital Auto Care Factbook 2016 - 80
Digital Auto Care Factbook 2016 - Global Auto Care Industry
Digital Auto Care Factbook 2016 - Global Economic and Automotive Data
Digital Auto Care Factbook 2016 - 83
Digital Auto Care Factbook 2016 - 84
Digital Auto Care Factbook 2016 - U. S. Trade Data for Selected Motor Vehicle Products
Digital Auto Care Factbook 2016 - 86
Digital Auto Care Factbook 2016 - 87
Digital Auto Care Factbook 2016 - 88
Digital Auto Care Factbook 2016 - U. S. Trade Data By Country
Digital Auto Care Factbook 2016 - Glossary and Reference
Digital Auto Care Factbook 2016 - 91
Digital Auto Care Factbook 2016 - 92
Digital Auto Care Factbook 2016 - Mexican Auto Care Industry
Digital Auto Care Factbook 2016 - 94
Digital Auto Care Factbook 2016 - Chinese Auto Care Industry
Digital Auto Care Factbook 2016 - 96
Digital Auto Care Factbook 2016 - 97
Digital Auto Care Factbook 2016 - 98
Digital Auto Care Factbook 2016 - 99
Digital Auto Care Factbook 2016 - Glossary and Terms
Digital Auto Care Factbook 2016 - 101
Digital Auto Care Factbook 2016 - 102
Digital Auto Care Factbook 2016 - 103
Digital Auto Care Factbook 2016 - NAICS Definitions
Digital Auto Care Factbook 2016 - Auto Care Data Resources
Digital Auto Care Factbook 2016 - Auto Care Data Resources
Digital Auto Care Factbook 2016 - 107
Digital Auto Care Factbook 2016 - 108
Digital Auto Care Factbook 2016 - Auto Care Association Market Intelligence
Digital Auto Care Factbook 2016 - 110
Digital Auto Care Factbook 2016 - 111
Digital Auto Care Factbook 2016 - 112
Digital Auto Care Factbook 2016 - 113
Digital Auto Care Factbook 2016 - 114
Digital Auto Care Factbook 2016 - Auto Care Association Market Intelligence
Digital Auto Care Factbook 2016 - Harmonization of Auto Care Industry Data
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