When a company such as Dorman Products splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the DORM split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Dorman Products shares, starting with a $10,000 purchase of DORM, presented on a split-history-adjusted basis factoring in the complete DORM split history.

About Dorman Products

Dorman Products is a supplier of replacement parts and fasteners for passenger cars and trucks in the automotive aftermarket industry. Co.'s brands include: DORMAN® OE Solution®, which includes a variety of replacement parts including fluid reservoirs, variable value timing components, electronics, and integrated door lock actuators; DORMAN® HD Solutions™, with products that include lighting, cooling, engine management, wheel hardware, air tanks and cab products; DORMAN® HELP!®, which includes an assortment of automotive replacement parts such as door handles, keyless remotes and cases and door hinge repair parts; and DORMAN® Conduct-Tite®, which includes an array of electrical components. According to our DORM split history records, Dorman Products has had 1 split.

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