Pep Boys - Equity Analysis and Valuation
Pep Boys-Manny, Moe, and Jack
Equity Analysis and Valuation
Kevin Biser LeAnn Carmona Fabian Garcia Brendan Grey Kevin Tavarez Brian Timme
1
Table of Contents
Executive Summary.............................................................................................................. 9 Industry Analysis ..................................................................................................................................... 10 Accounting Analysis ................................................................................................................................ 12 Financial Analysis .................................................................................................................................... 14 Valuation Analysis ................................................................................................................................... 16 Company Overview ............................................................................................................ 17 Industry Overview.............................................................................................................. 19 Five Forces Model .............................................................................................................. 20 Rivalry Among Existing Firms .................................................................................................................. 22 Industry Growth Rate.......................................................................................................................... 23 Concentration ..................................................................................................................................... 25 Differentiation..................................................................................................................................... 28 Switching Costs
Equity Analysis and Valuation
Kevin Biser LeAnn Carmona Fabian Garcia Brendan Grey Kevin Tavarez Brian Timme
1
Table of Contents
Executive Summary.............................................................................................................. 9 Industry Analysis ..................................................................................................................................... 10 Accounting Analysis ................................................................................................................................ 12 Financial Analysis .................................................................................................................................... 14 Valuation Analysis ................................................................................................................................... 16 Company Overview ............................................................................................................ 17 Industry Overview.............................................................................................................. 19 Five Forces Model .............................................................................................................. 20 Rivalry Among Existing Firms .................................................................................................................. 22 Industry Growth Rate.......................................................................................................................... 23 Concentration ..................................................................................................................................... 25 Differentiation..................................................................................................................................... 28 Switching Costs
References: Pep Boys‐NYSE (6/1/2010) $11.94 52 Week Range Market Capitalization Shares Outstanding 7.76 ‐ 13.42 438.12M Initial Scores 52.47M Revised Scores Altmans Z‐Scores 2005 2006 1.68 1.78 1.768 2.567