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Genuine Parts

DB:GPT
Snowflake Description

6 star dividend payer with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GPT
DB
$9B
Market Cap
  1. Home
  2. DE
  3. Retail
Company description

Genuine Parts Company distributes automotive replacement parts, industrial parts and materials, and business products in the United States, Canada, Mexico, Australasia, France, the United Kingdom, Germany, Poland, the Netherlands, and Belgium. The last earnings update was 41 days ago. More info.


Add to Portfolio Compare Print
  • Genuine Parts has significant price volatility in the past 3 months.
GPT Share Price and Events
7 Day Returns
-0.6%
DB:GPT
-1%
Europe Retail Distributors
-2.7%
DE Market
1 Year Returns
-41.7%
DB:GPT
-16.6%
Europe Retail Distributors
-20.4%
DE Market
GPT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Genuine Parts (GPT) -0.6% -26.9% -38.5% -41.7% -31.6% -33.3%
Europe Retail Distributors -1% -23.4% -33.3% -16.6% -32.4% -21.3%
DE Market -2.7% -18.4% -26.7% -20.4% -25.9% -30.4%
1 Year Return vs Industry and Market
  • GPT underperformed the Retail Distributors industry which returned -16.6% over the past year.
  • GPT underperformed the Market in Germany which returned -20.4% over the past year.
Price Volatility
GPT
Industry
5yr Volatility vs Market
Related Companies

GPT Value

 Is Genuine Parts undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Genuine Parts to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Genuine Parts.

DB:GPT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:GPT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Retail Distributors Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.724 (1 + (1- 21%) (49.85%))
1.007
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.007 * 5.44%)
5.09%

Discounted Cash Flow Calculation for DB:GPT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Genuine Parts is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:GPT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5.09%)
2020 738.35 Analyst x4 702.62
2021 876.56 Analyst x4 793.77
2022 875.13 Est @ -0.16% 754.12
2023 873.10 Est @ -0.23% 715.96
2024 870.66 Est @ -0.28% 679.41
2025 867.95 Est @ -0.31% 644.51
2026 865.03 Est @ -0.34% 611.26
2027 861.99 Est @ -0.35% 579.63
2028 858.86 Est @ -0.36% 549.58
2029 855.67 Est @ -0.37% 521.04
Present value of next 10 years cash flows $6,551.00
DB:GPT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $855.67 × (1 + -0.39%) ÷ (5.09% – -0.39%)
$15,565.86
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $15,565.86 ÷ (1 + 5.09%)10
$9,478.50
DB:GPT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $6,551.00 + $9,478.50
$16,029.50
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $16,029.50 / 145.38
$110.26
DB:GPT Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:GPT represents 0.94675x of NYSE:GPC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.94675x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 110.26 x 0.94675
€104.39
Value per share (EUR) From above. €104.39
Current discount Discount to share price of €58.13
= -1 x (€58.13 - €104.39) / €104.39
44.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Genuine Parts is available for.
Intrinsic value
44%
Share price is €58.13 vs Future cash flow value of €104.39
Current Discount Checks
For Genuine Parts to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Genuine Parts's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Genuine Parts's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Genuine Parts's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Genuine Parts's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:GPT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $4.26
NYSE:GPC Share Price ** NYSE (2020-04-02) in USD $61.4
Europe Retail Distributors Industry PE Ratio Median Figure of 18 Publicly-Listed Retail Distributors Companies 9.21x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Genuine Parts.

DB:GPT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:GPC Share Price ÷ EPS (both in USD)

= 61.4 ÷ 4.26

14.41x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Genuine Parts is overvalued based on earnings compared to the Europe Retail Distributors industry average.
  • Genuine Parts is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Genuine Parts's expected growth come at a high price?
Raw Data
DB:GPT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
14.3%per year
Europe Retail Distributors Industry PEG Ratio Median Figure of 5 Publicly-Listed Retail Distributors Companies 0.78x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

DB:GPT PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.41x ÷ 14.3%

1.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Genuine Parts is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Genuine Parts's assets?
Raw Data
DB:GPT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $25.28
NYSE:GPC Share Price * NYSE (2020-04-02) in USD $61.4
Europe Retail Distributors Industry PB Ratio Median Figure of 23 Publicly-Listed Retail Distributors Companies 1.04x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:GPT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:GPC Share Price ÷ Book Value per Share (both in USD)

= 61.4 ÷ 25.28

2.43x

* Primary Listing of Genuine Parts.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Genuine Parts is overvalued based on assets compared to the Europe Retail Distributors industry average.
X
Value checks
We assess Genuine Parts's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Retail Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Retail Distributors industry average (and greater than 0)? (1 check)
  5. Genuine Parts has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GPT Future Performance

 How is Genuine Parts expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Genuine Parts expected to grow at an attractive rate?
  • Genuine Parts's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Genuine Parts's earnings growth is expected to exceed the Germany market average.
  • Genuine Parts's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:GPT Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:GPT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 14.3%
DB:GPT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 0.5%
Europe Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average -4.9%
Europe Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average -0.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:GPT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:GPT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 19,543 1
2021-12-31 19,569 1,151 829 13
2020-12-31 18,848 1,029 729 13
2020-04-02
DB:GPT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 19,392 892 621
2019-09-30 19,290 965 799
2019-06-30 18,998 991 792
2019-03-31 18,886 1,069 794
2018-12-31 18,735 1,145 810
2018-09-30 18,338 1,198 732
2018-06-30 17,711 925 670
2018-03-31 16,989 852 633
2017-12-31 16,309 815 617
2017-09-30 15,882 747 661
2017-06-30 15,728 761 688
2017-03-31 15,527 913 689

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Genuine Parts's earnings are expected to grow by 14.3% yearly, however this is not considered high growth (20% yearly).
  • Genuine Parts's revenue is expected to grow by 0.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:GPT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from Genuine Parts Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GPT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 5.70 6.35 4.57 6.00
2020-12-31 5.00 5.90 3.86 6.00
2020-04-02
DB:GPT Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 4.26
2019-09-30 5.47
2019-06-30 5.41
2019-03-31 5.42
2018-12-31 5.53
2018-09-30 4.99
2018-06-30 4.57
2018-03-31 4.31
2017-12-31 4.19
2017-09-30 4.48
2017-06-30 4.64
2017-03-31 4.64

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Genuine Parts is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Genuine Parts's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Genuine Parts has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GPT Past Performance

  How has Genuine Parts performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Genuine Parts's growth in the last year to its industry (Retail Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Genuine Parts's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Genuine Parts's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Genuine Parts's 1-year earnings growth is negative, it can't be compared to the Europe Retail Distributors industry average.
Earnings and Revenue History
Genuine Parts's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Genuine Parts Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GPT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 19,392.31 621.09 4,923.31
2019-09-30 19,289.91 798.87 4,872.57
2019-06-30 18,997.81 791.61 4,711.87
2019-03-31 18,885.61 794.15 4,640.78
2018-12-31 18,735.07 810.47 4,618.25
2018-09-30 18,338.36 731.96 4,365.59
2018-06-30 17,711.34 670.17 4,160.85
2018-03-31 16,989.45 633.17 3,931.21
2017-12-31 16,308.80 616.76 3,719.07
2017-09-30 15,881.79 661.09 3,564.52
2017-06-30 15,727.63 687.98 3,529.15
2017-03-31 15,527.09 689.38 3,438.28
2016-12-31 15,339.71 687.24 3,382.35
2016-09-30 15,241.44 695.99 3,320.77
2016-06-30 15,221.50 698.68 3,285.77
2016-03-31 15,262.26 702.69 3,287.89
2015-12-31 15,280.04 705.67 3,289.76
2015-09-30 15,420.71 709.96 3,330.25
2015-06-30 15,484.82 712.46 3,344.81
2015-03-31 15,452.80 714.81 3,343.85
2014-12-31 15,341.65 711.29 3,321.22
2014-09-30 15,036.99 696.19 3,242.31
2014-06-30 14,736.33 679.42 3,239.36
2014-03-31 14,503.94 698.05 3,159.06
2013-12-31 14,077.84 684.96 3,031.72
2013-09-30 13,679.01 694.72 2,900.94
2013-06-30 13,369.54 693.91 2,733.94

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Genuine Parts has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Genuine Parts used its assets less efficiently than the Europe Retail Distributors industry average last year based on Return on Assets.
  • Genuine Parts's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Genuine Parts's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Retail Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Genuine Parts has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GPT Health

 How is Genuine Parts's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Genuine Parts's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Genuine Parts is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Genuine Parts's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Genuine Parts's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Genuine Parts Company Filings, last reported 3 months ago.

DB:GPT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 3,695.50 3,450.89 276.99
2019-09-30 3,664.74 3,447.84 451.28
2019-06-30 3,687.98 3,882.44 562.55
2019-03-31 3,572.83 3,421.63 356.93
2018-12-31 3,471.99 3,149.63 333.55
2018-09-30 3,663.08 2,913.95 359.11
2018-06-30 3,562.33 3,176.97 355.14
2018-03-31 3,561.38 3,315.73 325.97
2017-12-31 3,464.16 3,245.01 314.90
2017-09-30 3,390.13 1,145.00 210.08
2017-06-30 3,301.34 1,130.00 203.15
2017-03-31 3,232.34 1,025.00 177.92
2016-12-31 3,207.36 875.00 242.88
2016-09-30 3,335.29 775.00 225.18
2016-06-30 3,250.23 775.00 233.63
2016-03-31 3,243.71 700.00 205.14
2015-12-31 3,159.24 625.00 211.63
2015-09-30 3,171.02 625.00 199.29
2015-06-30 3,255.50 850.00 223.84
2015-03-31 3,191.04 893.70 166.50
2014-12-31 3,312.36 765.47 137.73
2014-09-30 3,508.15 835.39 135.54
2014-06-30 3,537.49 806.36 152.86
2014-03-31 3,411.21 899.76 103.47
2013-12-31 3,358.77 764.66 196.89
2013-09-30 3,153.18 833.90 320.87
2013-06-30 3,086.14 900.10 196.77
  • Genuine Parts's level of debt (93.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (23.1% vs 93.4% today).
  • Debt is well covered by operating cash flow (25.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 12.3x coverage).
X
Financial health checks
We assess Genuine Parts's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Genuine Parts has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GPT Dividends

 What is Genuine Parts's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.15%
Current annual income from Genuine Parts dividends. Estimated to be 5.25% next year.
If you bought €2,000 of Genuine Parts shares you are expected to receive €103 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Genuine Parts's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.65%).
  • Genuine Parts's dividend is above the markets top 25% of dividend payers in Germany (4.86%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:GPT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
Europe Retail Distributors Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 4.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 320 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:GPT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 3.66 1.00
2021-12-31 3.25 7.00
2020-12-31 3.14 7.00
2020-04-02
DB:GPT Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-18 3.160 4.168
2019-11-18 3.050 3.007
2019-08-19 3.050 3.124
2019-04-22 3.050 3.072
2019-02-19 3.050 2.783
2018-11-19 2.880 2.911
2018-08-20 2.880 2.890
2018-04-23 2.880 3.081
2018-02-20 2.880 3.182
2017-11-20 2.700 2.789
2017-08-21 2.700 3.054
2017-04-24 2.700 3.048
2017-02-21 2.700 2.903
2016-11-14 2.630 2.698
2016-08-15 2.630 2.708
2016-04-25 2.630 2.666
2016-02-16 2.630 2.753
2015-11-16 2.460 2.893
2015-08-17 2.460 2.887
2015-04-27 2.460 2.717
2015-02-17 2.460 2.617
2014-08-18 2.300 2.420
2014-04-28 2.300 2.683
2014-02-18 2.300 2.667
2013-11-18 2.150 2.613
2013-08-19 2.150 2.695
2013-04-22 2.150 2.700
2013-02-19 2.150 2.884
2012-11-19 1.980 3.025
2012-08-20 1.980 3.189
2012-04-23 1.980 3.164
2012-02-21 1.980 3.152
2011-11-21 1.800 2.937
2011-08-15 1.800 3.334
2011-04-18 1.800 3.389
2011-02-22 1.800 3.413
2010-11-15 1.640 3.219
2010-08-16 1.640 3.648
2010-04-19 1.640 3.942
2010-02-16 1.640 3.935
2009-11-16 1.600 4.230
2009-08-17 1.600 4.315
2009-04-20 1.600 4.704

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Genuine Parts's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.6x coverage).
X
Income/ dividend checks
We assess Genuine Parts's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Genuine Parts afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Genuine Parts has a total score of 6/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GPT Management

 What is the CEO of Genuine Parts's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Paul Donahue
COMPENSATION $8,169,948
AGE 62
TENURE AS CEO 3.9 years
CEO Bio

Mr. Paul D. Donahue serves as Director at Truist Financial Corporation since December 6, 2019. Mr. Donahue has been the Chief Executive Officer of Genuine Parts Company since May 1, 2016 and served as its President since January 1, 2012 until April 22, 2019 and served as its Executive Vice President from August 20, 2007 to January 1, 2012. Mr. Donahue served as President of the U S Automotive Parts Group since July 2009 until February 1, 2016. He has responsibility for several of Genuine's business units and sales initiatives. He served as the President and Chief Operating Officer of S P Richards Company (Atlanta, GA), a subsidiary of Genuine Parts Co. from 2004 to 2007 and Executive Vice President of Sales and Marketing since joining it in 2003. Prior to S. P. Richards, Mr. Donahue served as the President of Sanford North America, a division of Newell Rubbermaid from 1999 to 2002. He has been a Director of Genuine Parts Company since April 23, 2012 and serves as its Chairman since April 22, 2019. He serves as Director at SunTrust Banks, Inc since April 2019.

CEO Compensation
  • Paul's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Paul's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Genuine Parts management team in years:

3.9
Average Tenure
56
Average Age
  • The tenure for the Genuine Parts management team is about average.
Management Team

Paul Donahue

TITLE
Chairman & CEO
COMPENSATION
$8M
AGE
62
TENURE
3.9 yrs

Carol Yancey

TITLE
Executive VP
COMPENSATION
$3M
AGE
55
TENURE
7.1 yrs

Jim Neill

TITLE
Executive VP & Chief Human Resources Officer
COMPENSATION
$1M
AGE
57
TENURE
6 yrs

Kevin Herron

TITLE
President of the U.S. Automotive Parts Group
COMPENSATION
$2M
AGE
56
TENURE
1.3 yrs

Randy Breaux

TITLE
President of Motion Industries
COMPENSATION
$2M
AGE
56
TENURE
1.3 yrs

Scott Sonnemaker

TITLE
Group President of North American Automotive
COMPENSATION
$4M
AGE
55
TENURE
1.2 yrs

Mike Orr

TITLE
Senior Vice President of Operations & Logistics
AGE
57
TENURE
10.7 yrs

Greg Miller

TITLE
Executive VP & Chief Information Officer
AGE
56
TENURE
4.2 yrs

Sid Jones

TITLE
Senior Vice President of Investor Relations
TENURE
3 yrs

Scott Smith

TITLE
Senior VP & General Counsel
AGE
58
Board of Directors Tenure

Average tenure and age of the Genuine Parts board of directors in years:

7.7
Average Tenure
66.5
Average Age
  • The tenure for the Genuine Parts board of directors is about average.
Board of Directors

Paul Donahue

TITLE
Chairman & CEO
COMPENSATION
$8M
AGE
62
TENURE
1 yrs

William Turnbull

TITLE
Chairman of Balkamp Inc

R. James

TITLE
Chairman of Eis Inc and Director of Eis Inc

Johnny Johns

TITLE
Lead Independent Director
COMPENSATION
$305K
AGE
67
TENURE
3 yrs

Wendy Needham

TITLE
Independent Director
COMPENSATION
$285K
AGE
66
TENURE
16.4 yrs

Tom Gallagher

TITLE
Director
COMPENSATION
$520K
AGE
71
TENURE
30.3 yrs

Robin Loudermilk

TITLE
Independent Director
COMPENSATION
$262K
AGE
59
TENURE
9.7 yrs

John Holder

TITLE
Independent Director
COMPENSATION
$262K
AGE
64
TENURE
9.2 yrs

Gary Fayard

TITLE
Independent Director
COMPENSATION
$262K
AGE
67
TENURE
6.3 yrs

E. Wood

TITLE
Independent Director
COMPENSATION
$274K
AGE
68
TENURE
5.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Genuine Parts individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
24. Mar 20 Buy Thomas Gallagher Individual 23. Mar 20 23. Mar 20 5,000 €51.42 €257,123
07. Nov 19 Sell Randall Breaux Individual 05. Nov 19 05. Nov 19 -1,000 €96.86 €-96,863
09. May 19 Buy Scott Sonnemaker Individual 07. May 19 07. May 19 5,000 €88.52 €442,624
X
Management checks
We assess Genuine Parts's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Genuine Parts has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GPT News

Simply Wall St News

GPT Company Info

Description

Genuine Parts Company distributes automotive replacement parts, industrial parts and materials, and business products in the United States, Canada, Mexico, Australasia, France, the United Kingdom, Germany, Poland, the Netherlands, and Belgium. The company distributes automotive replacement parts for imported vehicles, hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and accessory items for automotive aftermarket, such as repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals. It also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation and robotics, hoses, hydraulic and pneumatic components, industrial and safety supplies, and material handling products for original equipment manufacturer, as well as maintenance, repair, and operation customers in equipment and machinery, food and beverage, forest product, primary metal, pulp and paper, mining, automotive, oil and gas, petrochemical, pharmaceutical, power generation, alternative energy, governments, transportation, ports, and other industries. In addition, the company provides various services and repairs comprising gearbox and fluid power assembly repair, process pump assembly and repair, hydraulic drive shaft repair, electrical panel assembly and repair, hose and gasket manufacture and assembly, and other value-added services. Further, it distributes office furniture, technology products, general office and school supplies, cleaning, janitorial and breakroom supplies, safety and security items, healthcare products, and disposable food service products to resellers. The company was founded in 1928 and is headquartered in Atlanta, Georgia.

Details
Name: Genuine Parts Company
GPT
Exchange: DB
Founded: 1928
$8,385,158,715
145,381,623
Website: http://www.genpt.com
Address: Genuine Parts Company
2999 Wildwood Parkway,
Atlanta,
Georgia, 30339,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE GPC Common Stock New York Stock Exchange US USD 20. Aug 1968
DB GPT Common Stock Deutsche Boerse AG DE EUR 20. Aug 1968
LSE 0IUX Common Stock London Stock Exchange GB USD 20. Aug 1968
BRSE GPTCHF Common Stock Berne Stock Exchange CH CHF 20. Aug 1968
BOVESPA G1PC34 BDR EACH 2 REPR 1 COM Bolsa de Valores de Sao Paulo BR BRL 27. Jan 2020
Number of employees
Current staff
Staff numbers
55,000
Genuine Parts employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 22:21
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/02/21
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.