Motorcar Parts of America, Inc. (MPAA) vs Microvast Holdings, Inc. (MVST)

Motorcar Parts of America, Inc. and Microvast Holdings, Inc. are both Auto Parts companies. Microvast Holdings, Inc. is the larger, with a market value of $257.6M against $199.9M — 1.3× the size. Motorcar Parts of America, Inc. has negative trailing earnings, so its P/E is not meaningful; Microvast Holdings, Inc. trades at 4.2×. Motorcar Parts of America, Inc. grew revenue faster over the last twelve months: −0.82% against −13.0%. Microvast Holdings, Inc. has the higher net margin (14.0% vs −0.53%) and the lower return on invested capital (−3.25% vs 7.80%). Across the 20 metrics below, Motorcar Parts of America, Inc. leads on 11 and Microvast Holdings, Inc. on 9.

Valuation

Metric MPAA MVST Auto Parts median
P/E n/m 4.17 17.92
P/S 0.26 0.66 0.64
P/B 0.80 0.44 1.15
Price to free cash flow n/m n/m 12.82
EV/EBITDA 4.50 34.68 7.66
EV/Sales 0.45 0.59 0.73
Earnings yield (2.06%) 23.97% 2.73%
Free cash flow yield (3.05%) (6.64%) 3.47%

Profitability

Metric MPAA MVST Auto Parts median
Gross margin 19.90% 25.11% 22.64%
Operating margin 6.41% (7.34%) 3.67%
Net margin (0.53%) 13.95% 1.68%
Free cash flow margin (0.80%) (4.35%) 2.31%
Return on equity (1.59%) 11.40% 2.35%
Return on assets (0.41%) 5.24% 0.89%
Return on invested capital 7.80% (3.25%) 4.55%

Growth

Metric MPAA MVST Auto Parts median
Revenue growth (TTM) (0.82%) (13.03%) 5.00%
EPS growth (last fiscal year) 162.63% 85.25% —
Revenue growth, 5-year CAGR 7.87% 31.79% 7.78%
Net income growth, 5-year CAGR (10.41%) 0.00% 0.00%

Health

Metric MPAA MVST Auto Parts median
Debt to equity 0.65 0.22 0.38
Current ratio 1.44 1.09 1.78
Net debt to EBITDA 1.27 2.98 1.26

Dividend

Metric MPAA MVST Auto Parts median
Dividend yield — — 2.37%
Payout ratio 0.00 0.00 0.00

Size

Metric MPAA MVST Auto Parts median
Market cap 199.93m 257.63m 914.31m

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