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24.78 (1y: +37%)
Market Cap 7.42 B P/E(ttm) 28.10
Enterprise Value 8.41 B P/B 3.77
LKQ- NAS (USA)
LKQ Corporation
  • Currently 5/5
Business Predictability Rank: 5-Star
Back Testing Results:
Average gain of all 5-Star stocks: 12.1% per year.
% of Stocks that are in still loss if held for 10yrs: 3%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$24.78
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.053
LKQ's Cash to Debt is ranked lower than
591715% of the 169 Companies
in the Global Industrial Distribution industry.

( Industry Median: 2.74 vs. LKQ: 0.053 )
LKQ' s 10-Year Cash to Debt Range
Min: 0.02   Max: No Debt
Current: 0.05
Equity to Asset 0.045
LKQ's Equity to Asset is ranked lower than
613496% of the 163 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.48 vs. LKQ: 0.045 )
LKQ' s 10-Year Equity to Asset Range
Min: -0.03   Max: 0.71
Current: 0.05
-0.03
0.71
Interest Coverage 16.1
LKQ's Interest Coverage is ranked lower than
709219% of the 141 Companies
in the Global Industrial Distribution industry.

( Industry Median: 30.30 vs. LKQ: 16.1 )
LKQ' s 10-Year Interest Coverage Range
Min: 6   Max: No Debt
Current: 16.1
F-Score: 4
Z-Score: 4.89
M-Score: -2.48
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 10.60
LKQ's Operating margin (%) is ranked lower than
657894% of the 152 Companies
in the Global Industrial Distribution industry.

( Industry Median: 4.70 vs. LKQ: 10.60 )
LKQ' s 10-Year Operating margin (%) Range
Min: 2   Max: 12.1
Current: 10.6
2
12.1
Net-margin (%) 6.3
LKQ's Net-margin (%) is ranked lower than
680271% of the 147 Companies
in the Global Industrial Distribution industry.

( Industry Median: 3.00 vs. LKQ: 6.3 )
LKQ' s 10-Year Net-margin (%) Range
Min: -13.5   Max: 6.8
Current: 6.3
-13.5
6.8
ROE (%) 13.3
LKQ's ROE (%) is ranked lower than
689654% of the 145 Companies
in the Global Industrial Distribution industry.

( Industry Median: 6.30 vs. LKQ: 13.3 )
LKQ' s 10-Year ROE (%) Range
Min: -32.1   Max: 13.3
Current: 13.3
-32.1
13.3
ROA (%) 7
LKQ's ROA (%) is ranked lower than
689654% of the 145 Companies
in the Global Industrial Distribution industry.

( Industry Median: 3.20 vs. LKQ: 7 )
LKQ' s 10-Year ROA (%) Range
Min: -22   Max: 7.9
Current: 7
-22
7.9
ROC (Joel Greenblatt) (%) 31.20
LKQ's ROC (Joel Greenblatt) (%) is ranked lower than
684931% of the 146 Companies
in the Global Industrial Distribution industry.

( Industry Median: 19.30 vs. LKQ: 31.20 )
LKQ' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 21.6   Max: 33.1
Current: 31.2
21.6
33.1
Revenue Growth (%) 17.8
LKQ's Revenue Growth (%) is ranked lower than
1408449% of the 71 Companies
in the Global Industrial Distribution industry.

( Industry Median: 8.30 vs. LKQ: 17.8 )
LKQ' s 10-Year Revenue Growth (%) Range
Min: 8.7   Max: 25.3
Current: 17.8
8.7
25.3
EBITDA Growth (%) 15.8
LKQ's EBITDA Growth (%) is ranked lower than
1923075% of the 52 Companies
in the Global Industrial Distribution industry.

( Industry Median: 14.30 vs. LKQ: 15.8 )
LKQ' s 10-Year EBITDA Growth (%) Range
Min: 14.3   Max: 27.5
Current: 15.8
14.3
27.5
EPS Growth (%) 18.2
LKQ's EPS Growth (%) is ranked lower than
2222220% of the 45 Companies
in the Global Industrial Distribution industry.

( Industry Median: 19.60 vs. LKQ: 18.2 )
LKQ' s 10-Year EPS Growth (%) Range
Min: 18.2   Max: 42.4
Current: 18.2
18.2
42.4
» LKQ's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

LKQ Guru Trades in Q2 2012

Bill Frels 14,500 sh (New)
Meridian Funds 1,238,200 sh (+95.89%)
Steven Cohen 56,076 sh (+48.39%)
Jean-Marie Eveillard 14,000 sh (unchged)
Columbia Wanger 1,410,000 sh (unchged)
Ron Baron 5,456,788 sh (unchged)
RS Investment Management 649,530 sh (-2.15%)
Paul Tudor Jones 8,500 sh (-2.3%)
Jeremy Grantham 7,900 sh (-2.47%)
Chuck Royce 378,400 sh (-10.84%)
Jim Simons 267,880 sh (-30.76%)
Pioneer Investments 202,800 sh (-36.23%)
» More
Q3 2012

LKQ Guru Trades in Q3 2012

Jeremy Grantham 32,000 sh (+102.53%)
Meridian Funds 3,688,400 sh (+48.94%)
Steven Cohen 142,769 sh (+27.3%)
Bill Frels 32,400 sh (+11.72%)
Pioneer Investments 405,600 sh (unchged)
Columbia Wanger 2,820,000 sh (unchged)
Jean-Marie Eveillard 28,000 sh (unchged)
Jim Simons Sold Out
Ron Baron 10,859,276 sh (-0.5%)
Chuck Royce 652,600 sh (-13.77%)
Paul Tudor Jones 11,800 sh (-30.59%)
RS Investment Management 860,776 sh (-33.74%)
» More
Q4 2012

LKQ Guru Trades in Q4 2012

Jean-Marie Eveillard 28,000 sh (unchged)
Pioneer Investments 405,600 sh (unchged)
Bill Frels 32,400 sh (unchged)
Chuck Royce 652,600 sh (unchged)
Columbia Wanger 2,820,000 sh (unchged)
Paul Tudor Jones Sold Out
Ron Baron 10,804,143 sh (-0.51%)
Meridian Funds 3,624,800 sh (-1.72%)
Steven Cohen 91,653 sh (-35.8%)
RS Investment Management 45,040 sh (-94.77%)
» More
Q1 2013

LKQ Guru Trades in Q1 2013

Jim Simons 189,960 sh (New)
RS Investment Management 301,040 sh (+568.38%)
Pioneer Investments 676,700 sh (+66.84%)
Bill Frels 39,300 sh (+21.3%)
Chuck Royce 652,600 sh (unchged)
Jean-Marie Eveillard 28,000 sh (unchged)
Ron Baron 10,801,181 sh (-0.03%)
Columbia Wanger 2,790,000 sh (-1.06%)
Meridian Funds 2,889,000 sh (-20.3%)
Steven Cohen 10,772 sh (-88.25%)
» More
» Details

Insider Trades

Latest Guru Trades with LKQ

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Meridian Funds 2013-03-31 Reduce -20.3%0.61%$20.17 - $23.73 $ 24.7812%2889000
Meridian Funds 2012-09-30 Add 48.94%0.79%$18.48 - $19.88 $ 24.7829%3688400
Premium More recent guru trades are included for Premium Members only!!

Guru Investment Theses on LKQ Corporation

Baron Funds Comments on LKQ Corp. - Feb 06, 2013

LKQ Corp. (LKQ), the country's largest distributor of alternative vehicle parts, rose 14.2% in the quarter. Alternative parts continue to gain market share from original equipment manufacturers in both North America and the UK, while LKQ is growing faster than competitors due to its national distribution footprint. (Michael Baron)

From Baron Funds' fourth quarter letter.


Check out Ron Baron latest stock trades

Top Ranked Articles about LKQ Corporation

Baron Funds Comments on LKQ Corp.
February 6, 2013
LKQ Corp. (LKQ), the country's largest distributor of alternative vehicle parts, rose 14.2% in the quarter. Alternative parts continue to gain market share from original equipment manufacturers in both North America and the UK, while LKQ is growing faster than competitors due to its national distribution footprint. (Michael Baron) Read more...
Weekly Top Insider Buys: CHK, LKQ, AGCO, FMER, and NIHD
September 24, 2012
According to GuruFocus Insider Data, these are the largest insider buys during the past week. The overall trend of insiders is illustrated in the chart below: Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 28.20
LKQ's P/E(ttm) is ranked lower than
171% of the 143 Companies
in the Global Industrial Distribution industry.

( Industry Median: 15.30 vs. LKQ: 28.20 )
LKQ' s 10-Year P/E(ttm) Range
Min: 11.63   Max: 40.69
Current: 28.2
11.63
40.69
P/B 3.70
LKQ's P/B is ranked lower than
145% of the 169 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.97 vs. LKQ: 3.70 )
LKQ' s 10-Year P/B Range
Min: 1.26   Max: 4.17
Current: 3.7
1.26
4.17
P/S 1.74
LKQ's P/S is ranked lower than
89% of the 174 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.43 vs. LKQ: 1.74 )
LKQ' s 10-Year P/S Range
Min: 0.67   Max: 2.43
Current: 1.74
0.67
2.43
PFCF 65.30
LKQ's PFCF is ranked lower than
215% of the 114 Companies
in the Global Industrial Distribution industry.

( Industry Median: 15.43 vs. LKQ: 65.30 )
LKQ' s 10-Year PFCF Range
Min: 16.8   Max: 156.21
Current: 65.3
16.8
156.21
EV-to-EBIT 18.9
LKQ's EV-to-EBIT is ranked lower than
167% of the 147 Companies
in the Global Industrial Distribution industry.

( Industry Median: 11.20 vs. LKQ: 18.9 )
LKQ' s 10-Year EV-to-EBIT Range
Min: 8.5   Max: 36.1
Current: 18.9
8.5
36.1
PEG 1.4
LKQ's PEG is ranked lower than
480% of the 51 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.90 vs. LKQ: 1.4 )
LKQ' s 10-Year PEG Range
Min: 0.29   Max: 1.49
Current: 1.4
0.29
1.49
Shiller P/E 41.1
LKQ's Shiller P/E is ranked lower than
100% of the Companies
in the Global Industrial Distribution industry.

( Industry Median: vs. LKQ: 41.1 )
LKQ' s 10-Year Shiller P/E Range
Min: 27.73   Max: 42.8
Current: 41.1
27.73
42.8

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 10.9
LKQ's Price/Net Current Asset Value is ranked lower than
155% of the 158 Companies
in the Global Industrial Distribution industry.

( Industry Median: 2.70 vs. LKQ: 10.9 )
LKQ' s 10-Year Price/Net Current Asset Value Range
Min: 6   Max: 13.1
Current: 10.9
6
13.1
Price/Tangible Book 44.2
LKQ's Price/Tangible Book is ranked lower than
150% of the 163 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.00 vs. LKQ: 44.2 )
LKQ' s 10-Year Price/Tangible Book Range
Min: 2.7   Max: 75.2
Current: 44.2
2.7
75.2
Price/DCF (Projected) 2.4
LKQ's Price/DCF (Projected) is ranked lower than
462% of the 53 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.60 vs. LKQ: 2.4 )
LKQ' s 10-Year Price/DCF (Projected) Range
Min: 1.5   Max: 2.2
Current: 2.4
1.5
2.2
Price/Median PS Value 1.3
LKQ's Price/Median PS Value is ranked lower than
143% of the 171 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.10 vs. LKQ: 1.3 )
LKQ' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.7
Current: 1.3
0.6
1.7
Price/Peter Lynch Fair Value 1.4
LKQ's Price/Peter Lynch Fair Value is ranked lower than
845% of the 29 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.30 vs. LKQ: 1.4 )
LKQ' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.7   Max: 1.2
Current: 1.4
0.7
1.2
Price/Graham Number 7.5
LKQ's Price/Graham Number is ranked lower than
176% of the 139 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.90 vs. LKQ: 7.5 )
LKQ' s 10-Year Price/Graham Number Range
Min: 1.6   Max: 8.4
Current: 7.5
1.6
8.4
Earnings Yield (Greenblatt) 5.30
LKQ's Earnings Yield (Greenblatt) is ranked lower than
666666% of the 150 Companies
in the Global Industrial Distribution industry.

( Industry Median: 8.80 vs. LKQ: 5.30 )
LKQ' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.8   Max: 11.8
Current: 5.3
2.8
11.8
Forward Rate of Return (Yacktman) 20.73
LKQ's Forward Rate of Return (Yacktman) is ranked lower than
1754384% of the 57 Companies
in the Global Industrial Distribution industry.

( Industry Median: 12.07 vs. LKQ: 20.73 )
LKQ' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 20.9   Max: 41
Current: 20.73
20.9
41

Business Description

LKQ Corporation was established in 1998. It is a holding company and all operations are conducted by subsidiaries. It provides replacement systems, components, and parts needed to repair vehicles. The Company distributes a variety of products to collision and mechanical repair shops, including aftermarket collision and mechanical products, recycled collision and mechanical products, refurbished collision replacement products such as wheels, bumper covers and lights, and remanufactured engines. Collectively, it refers to its products as alternative parts. The Company is the nation's largest provider of alternative vehicle collision replacement products, and a provider of alternative vehicle mechanical replacement products. The Company's sales, processing, and distribution facilities reach most major markets in the U.S. and Canada. It expanded its wholesale operations effective October 1, 2011 with its acquisition of Euro Car Parts Holdings Ltd, the largest distributor of automotive aftermarket products in the United Kingdom. The Company also sells recycled heavy-duty truck products and used heavy-duty trucks. It has organized its businesses into four operating segments: Wholesale—North America; Wholesale—Europe; Self Service; and Heavy-Duty Truck. The Company's Wholesale - Europe operating segment marks its entry into the European automotive aftermarket business, and is presented as a separate reportable segment. Although the Wholesale—Europe operating segment shares many of the characteristics of its North American operations, the Company has provided separate financial information as it believes this data would be beneficial to users in understanding its results. The Company's self service retail operations sell parts from older cars and light trucks directly to consumers. Its self service facilities typically consist of a fenced or enclosed area of several acres with vehicles stored outdoors and a retail building through which customers are able to access the yard. As of December 31, 2011, the Company conducted its self service retail operations from 47 facilities in North America. LKQ started its heavy-duty recycled truck product operations in 2008 with the purchase of a recycler based in Houston, Texas. As of December 31, 2011, it had a total of 18 facilities in the U.S. and Canada. The Company began is recycled truck operations with a belief that development of a network would offer similar opportunities to those it has experienced with its wholesale recycled product operations. It also operates two other call centers, one to support national accounts, and the other to support insurance adjusters' needs and questions. It faces intense competition from local, national, and internet-based vehicle products providers, and this competition could negatively affect its business. The Company's operations and properties, including the maintenance of its delivery vehicles, are subject to extensive federal, state, and local envir
Company Website
SEC Reports
Industry: Industrial Distribution
Compare:WOSYY, GWW, GPC, NDEKY, ADRZF
Traded in other countries:LKQ1.Germany
» More Articles for LKQ

Headlines

Articles On GuruFocus.com
My Top 10 Fairly Valued Fast-Growing Stocks May 14 2013 
Baron Funds Comments on LKQ Corp. Feb 06 2013 
Weekly Top Insider Buys: CHK, LKQ, AGCO, FMER, and NIHD Sep 24 2012 

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