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MPAA (Motorcar Parts of America) Beta : 1.23 (As of Mar. 15, 2025)


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What is Motorcar Parts of America Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-15), Motorcar Parts of America's Beta is 1.23.


Motorcar Parts of America Beta Historical Data

The historical data trend for Motorcar Parts of America's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Motorcar Parts of America Beta Chart

Motorcar Parts of America Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 1.88 1.63 1.01 1.02

Motorcar Parts of America Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 1.02 1.19 1.28 1.53

Competitive Comparison of Motorcar Parts of America's Beta

For the Auto Parts subindustry, Motorcar Parts of America's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Motorcar Parts of America's Beta Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Motorcar Parts of America's Beta distribution charts can be found below:

* The bar in red indicates where Motorcar Parts of America's Beta falls into.



Motorcar Parts of America Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


Motorcar Parts of America  (NAS:MPAA) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


Motorcar Parts of America Beta Related Terms

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Motorcar Parts of America Business Description

Traded in Other Exchanges
Address
2929 California Street, Torrance, CA, USA, 90503
Motorcar Parts of America Inc is a supplier of automotive aftermarket non-discretionary replacement parts and test solutions and diagnostic equipment. It operate in the non-discretionary automotive aftermarket for replacement hard parts in North America and includes products such as light-duty rotating electrical products, wheel hub products, brake-related products, and turbochargers. In addition, it sell test solutions and diagnostic equipment. The company operates in three segments Hard Parts, Test Solutions and Diagnostic Equipment and Heavy Duty. Key revenue is generated from Hard Parts, which includes (i) light duty rotating electric products such as alternators and starters, (ii) wheel hub products, (iii) brake-related products, including brake calipers, brake boosters, brake rotors.
Executives
Joseph Edwin Ferguson director 5103 SOUTH GARTH AVENUE, LOS ANGELES CA 90056
David Bryan director 605 STAPP ROAD, BOULDER CREEK CA 95006
Philip Gay director 6300 CANOGA AVENUE, SUITE 1700, WOODLAND HILLS CA 91367
Bison Capital Partners Vi, L.p. director 233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Bison Capital Partners Vi-a, L.p. director 233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Douglas B Trussler director 39 EAST UNION STREET, PASADENA CA 91103
Patricia W Warfield director 2929 CALIFORNIA STREET, TORRANCE CA 90503
Rudolph J Borneo director 50 O'FARRELL STREET, SAN FRANCISCO CA 94108
Richard K Mochulsky officer: Vice President, Sales 2929 CALIFORNIA STREET, TORRANCE CA 90505
Joffe Selwyn director, officer: President, CEO & Chairman
Kamlesh Shah officer: Chief Accounting Officer C/O MOTORCAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
David Sung Lee officer: CFO 2929 CALIFORNIA STREET, TORRANCE CA 90503
Duane Franklin Miller director 7811 FIELDSTONE RIDGE, CLARKSTON MI 48348
Jamy P. Rankin director C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Juliet Lynn Stone officer: VP, Gen Counsel and Secretary C/O MOTORCAR PARTS OF AMERICA, INC., 2020 CALIFORNIA STREET, TORRANCE CA 90503