CarParts.Com Inc (PRTS) - Net Assets
Based on the latest financial reports, CarParts.Com Inc (PRTS) has net assets worth $64.16 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($200.28 Million) and total liabilities ($136.12 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PRTS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $64.16 Million |
| % of Total Assets | 32.03% |
| Annual Growth Rate | 21.18% |
| 5-Year Change | 2.02% |
| 10-Year Change | 284.66% |
| Growth Volatility | 167.96 |
CarParts.Com Inc - Net Assets Trend (2001–2024)
This chart illustrates how CarParts.Com Inc's net assets have evolved over time, based on quarterly financial data. See how many days can CarParts.Com Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for CarParts.Com Inc (2001–2024)
The table below shows the annual net assets of CarParts.Com Inc from 2001 to 2024. For live valuation and market cap data, see CarParts.Com Inc (PRTS) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $85.17 Million | -24.51% |
| 2023-12-31 | $112.83 Million | +2.51% |
| 2022-12-31 | $110.07 Million | +15.18% |
| 2021-12-31 | $95.57 Million | +14.47% |
| 2020-12-31 | $83.49 Million | +574.39% |
| 2019-12-31 | $12.38 Million | -68.11% |
| 2018-12-31 | $38.82 Million | -3.81% |
| 2017-12-31 | $40.36 Million | +73.06% |
| 2016-12-31 | $23.32 Million | +5.32% |
| 2015-12-31 | $22.14 Million | -0.36% |
| 2014-12-31 | $22.22 Million | +6.50% |
| 2013-12-31 | $20.87 Million | -24.52% |
| 2012-12-31 | $27.64 Million | -54.63% |
| 2011-12-31 | $60.92 Million | -16.32% |
| 2010-12-31 | $72.80 Million | -11.95% |
| 2009-12-31 | $82.69 Million | +6.66% |
| 2008-12-31 | $77.52 Million | -15.41% |
| 2007-12-31 | $91.64 Million | +344.61% |
| 2006-12-31 | $20.61 Million | +292.68% |
| 2005-12-31 | $5.25 Million | -11.93% |
| 2004-12-31 | $5.96 Million | +421.89% |
| 2002-12-31 | $1.14 Million | +11.20% |
| 2001-12-31 | $1.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CarParts.Com Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 22957500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $61.00K | 0.07% |
| Other Comprehensive Income | $1.05 Million | 1.24% |
| Other Components | $313.63 Million | 368.22% |
| Total Equity | $85.17 Million | 100.00% |
CarParts.Com Inc Competitors by Market Cap
The table below lists competitors of CarParts.Com Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alarum Technologies Ltd.
NASDAQ:ALAR
|
$45.21 Million |
|
Taiwan Wax Co Ltd
TWO:1742
|
$45.25 Million |
|
Ene Technology Inc
TW:6243
|
$45.28 Million |
|
KLX Energy Services Holdings Inc
NASDAQ:KLXE
|
$45.31 Million |
|
U.C.A. AG O.N.
F:UCA1
|
$45.19 Million |
|
Loyal Metals Ltd
AU:LLM
|
$45.19 Million |
|
Biome Australia Ltd
AU:BIO
|
$45.17 Million |
|
JNK Heaters Co. Ltd
KQ:126880
|
$45.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CarParts.Com Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 112,831,000 to 85,175,000, a change of -27,656,000 (-24.5%).
- Net loss of 40,601,000 reduced equity.
- Share repurchases of 470,000 reduced equity.
- Other comprehensive income increased equity by 272,000.
- Other factors increased equity by 13,143,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-40.60 Million | -47.67% |
| Share Repurchases | $470.00K | -0.55% |
| Other Comprehensive Income | $272.00K | +0.32% |
| Other Changes | $13.14 Million | +15.43% |
| Total Change | $- | -24.51% |
Book Value vs Market Value Analysis
This analysis compares CarParts.Com Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.29x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 68.65x to 4.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.09 | $6.41 | x |
| 2002-12-31 | $0.10 | $6.41 | x |
| 2004-12-31 | $0.45 | $6.41 | x |
| 2005-12-31 | $0.40 | $6.41 | x |
| 2006-12-31 | $1.03 | $6.41 | x |
| 2007-12-31 | $3.24 | $6.41 | x |
| 2008-12-31 | $2.60 | $6.41 | x |
| 2009-12-31 | $2.68 | $6.41 | x |
| 2010-12-31 | $2.41 | $6.41 | x |
| 2011-12-31 | $1.99 | $6.41 | x |
| 2012-12-31 | $0.90 | $6.41 | x |
| 2013-12-31 | $0.64 | $6.41 | x |
| 2014-12-31 | $0.58 | $6.41 | x |
| 2015-12-31 | $0.60 | $6.41 | x |
| 2016-12-31 | $0.63 | $6.41 | x |
| 2017-12-31 | $1.02 | $6.41 | x |
| 2018-12-31 | $1.11 | $6.41 | x |
| 2019-12-31 | $0.35 | $6.41 | x |
| 2020-12-31 | $1.97 | $6.41 | x |
| 2021-12-31 | $1.86 | $6.41 | x |
| 2022-12-31 | $2.03 | $6.41 | x |
| 2023-12-31 | $1.99 | $6.41 | x |
| 2024-12-31 | $1.49 | $6.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CarParts.Com Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -47.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.90%
- • Asset Turnover: 2.80x
- • Equity Multiplier: 2.47x
- Recent ROE (-47.67%) is below the historical average (-12.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 18.11% | 1.96% | 3.20x | 2.89x | $83.30K |
| 2002 | 18.83% | 1.20% | 4.18x | 3.76x | $100.80K |
| 2004 | 119.68% | 17.54% | 3.10x | 2.20x | $6.54 Million |
| 2005 | 130.16% | 11.42% | 4.12x | 2.76x | $6.30 Million |
| 2006 | 16.96% | 2.91% | 1.72x | 3.39x | $1.43 Million |
| 2007 | -3.93% | -2.23% | 1.46x | 1.20x | $-12.76 Million |
| 2008 | -21.81% | -11.02% | 1.70x | 1.17x | $-24.66 Million |
| 2009 | 1.59% | 0.75% | 1.69x | 1.27x | $-6.95 Million |
| 2010 | -19.13% | -5.31% | 1.71x | 2.11x | $-21.21 Million |
| 2011 | -24.85% | -4.63% | 2.30x | 2.33x | $-21.23 Million |
| 2012 | -130.15% | -11.83% | 3.42x | 3.22x | $-38.74 Million |
| 2013 | -74.93% | -6.14% | 3.68x | 3.32x | $-17.72 Million |
| 2014 | -35.69% | -2.43% | 3.42x | 4.30x | $-8.81 Million |
| 2015 | -6.30% | -0.44% | 3.48x | 4.11x | $-3.31 Million |
| 2016 | 3.20% | 0.24% | 3.70x | 3.59x | $-1.55 Million |
| 2017 | 59.50% | 7.92% | 3.01x | 2.49x | $19.98 Million |
| 2018 | -12.59% | -1.69% | 2.95x | 2.52x | $-8.77 Million |
| 2019 | -254.83% | -11.24% | 3.19x | 7.10x | $-32.79 Million |
| 2020 | -1.81% | -0.34% | 2.37x | 2.24x | $-9.86 Million |
| 2021 | -10.82% | -1.78% | 2.47x | 2.46x | $-19.90 Million |
| 2022 | -0.86% | -0.14% | 2.78x | 2.17x | $-11.96 Million |
| 2023 | -7.29% | -1.22% | 2.62x | 2.29x | $-19.51 Million |
| 2024 | -47.67% | -6.90% | 2.80x | 2.47x | $-49.12 Million |
Industry Comparison
This section compares CarParts.Com Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,224,257,218
- Average return on equity (ROE) among peers: 27.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CarParts.Com Inc (PRTS) | $64.16 Million | 18.11% | 2.12x | $45.20 Million |
| Advance Auto Parts Inc (AAP) | $722.32 Million | 26.03% | 2.05x | $3.51 Billion |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Allison Transmission Holdings Inc (ALSN) | $659.00 Million | 96.97% | 5.43x | $9.78 Billion |
| Autoliv Inc (ALV) | $3.35 Billion | 18.61% | 0.83x | $8.71 Billion |
| Aptiv PLC (APTV) | $9.50 Billion | 1.74% | 1.46x | $13.30 Billion |
| Atmus Filtration Technologies Inc. (ATMU) | $378.50 Million | 54.80% | 2.57x | $4.15 Billion |
| American Axle & Manufacturing (AXL) | $1.54 Billion | 21.89% | 4.12x | $1.36 Billion |
| AutoZone Inc (AZO) | $528.40 Million | 22.03% | 0.67x | $50.41 Billion |
| BorgWarner Inc (BWA) | $730.20 Million | -1.66% | 0.47x | $14.47 Billion |
| China Automotive Systems Inc (CAAS) | $216.16 Million | 18.87% | 1.16x | $135.16 Million |
About CarParts.Com Inc
CarParts.com, Inc., together with its subsidiaries, operates as an online retailer of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products under the Kool-Vue; engine and chassis components, as well as other mechanical and electrical parts under the Evan Fischer brand name; and… Read more