FGI vs DORM vs LKQ vs SWIM

For growth investors, FGI Industries Ltd.

(FGI) is the stronger pick with 12. 4% revenue growth year-over-year, versus -3. 1% for LKQ Corporation (LKQ). LKQ Corporation (LKQ) offers the better valuation at 12. 3x trailing P/E (9. 7x forward), making it the more compelling value choice. Analysts rate Dorman Products, Inc. (DORM) a "Buy" — based on 16 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, LKQ Corporation (LKQ) is the cheapest at 12.

3x versus Latham Group, Inc. at 59. 3x. On forward P/E, LKQ Corporation is actually cheaper at 9. 7x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Dorman Products, Inc. wins at 1. 00x versus LKQ Corporation's 4. 10x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Dorman Products, Inc.

(DORM) delivered a total return of +19. 8%, compared to -81. 4% for Latham Group, Inc. (SWIM). Over 10 years, the gap is even starker: DORM returned +129. 0% versus SWIM's -79. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), LKQ Corporation (LKQ) is the lower-risk stock at 0.

90β versus Latham Group, Inc. 's 2. 06β — meaning SWIM is approximately 128% more volatile than LKQ relative to the S&P 500. On balance sheet safety, Latham Group, Inc. (SWIM) carries a lower debt/equity ratio of 9% versus 129% for FGI Industries Ltd. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), FGI Industries Ltd.

(FGI) is pulling ahead at 12. 4% versus -3. 1% for LKQ Corporation (LKQ). On earnings-per-share growth, the picture is similar: Latham Group, Inc. grew EPS 161. 9% year-over-year, compared to -274. 0% for FGI Industries Ltd.. Over a 3-year CAGR, DORM leads at 7. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Dorman Products, Inc.

(DORM) is the more profitable company, earning 9. 6% net margin versus -0. 9% for FGI Industries Ltd. — meaning it keeps 9. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DORM leads at 16. 8% versus -1. 6% for FGI. At the gross margin level — before operating expenses — DORM leads at 41. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Dorman Products, Inc. (DORM) is the more undervalued stock at a PEG of 1. 00x versus LKQ Corporation's 4. 10x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, LKQ Corporation (LKQ) trades at 9. 7x forward P/E versus 28. 8x for Latham Group, Inc. — 19. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SWIM: 50. 0% to $8. 25.

In this comparison, LKQ (4.

2% yield) pays a dividend. FGI, DORM, SWIM do not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, LKQ Corporation (LKQ) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

90), 4. 2% yield). Latham Group, Inc. (SWIM) carries a higher beta of 2. 06 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (LKQ: +4. 2%, SWIM: -79. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (FGI (Consumer Cyclical) and DORM (Consumer Cyclical) and LKQ (Consumer Cyclical) and SWIM (Industrials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: FGI is a small-cap quality compounder stock; DORM is a small-cap quality compounder stock; LKQ is a small-cap deep-value stock; SWIM is a small-cap quality compounder stock. LKQ pays a dividend while FGI, DORM, SWIM do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.