Added to YB: 2024-07-29
Pitch date: 2024-07-26
AAP [bullish]
Advance Auto Parts, Inc.
-4.95%
current return
Author Info
Company Info
Advance Auto Parts, Inc. provides automotive aftermarket parts. The company offers batteries and battery accessories; belts and hoses; brakes and brake pads; chassis parts; climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts.
Market Cap
$3.4B
Pitch Price
$58.90
Price Target
360.00 (+543%)
Dividend
1.76%
EV/EBITDA
5.30
P/E
50.21
EV/Sales
0.69
Sector
Specialty Retail
Category
turnaround
Havana Syndrome and Advance Auto Parts: $AAP
AAP: Auto parts retailer undervalued at 7.5x FCF vs peers 25-30x. New CEO from Home Depot Logistics executing 5-point turnaround: asset sales, cost cuts, new hires, productivity boost, supply chain overhaul. Aging US fleet tailwind. $470M FCF could reach $1-1.4B. Potential 6x upside to $360 in 3yrs (81% IRR) if successful.
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