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Added to YB: 2024-10-14

Pitch date: 2024-09-30

GPC [bullish]

Genuine Parts Company

-1.91%

current return

Author Info

No bio for this author

Company Info

Genuine Parts Company distributes automotive and industrial replacement parts. It operates in two segments, Automotive Parts Group and Industrial Parts Group.

Market Cap

$17.4B

Pitch Price

$134.12

Price Target

N/A

Dividend

3.29%

EV/EBITDA

9.56

P/E

21.59

EV/Sales

0.97

Sector

Distributors

Category

value

Show full summary:
Oakmark Equity and Income Fund New Position: Genuine Parts Company

GPC: Auto & industrial parts distributor (NAPA, Motion). Steady demand from replacement parts. Fragmented markets favor scale players. NAPA's 6,800-store network hard to replicate. Motion leads with 2x revenue of closest rival. High ROIC, organic growth + tuck-ins. Trades at P/E discount to peers & market.

Read full article (1 min)