XPEL (XPEL) AI Stock Analysis

• Market Cap: $958.31M
• Dividend Yield: N/A
• Average Volume (3M): 291.60K
• Price to Earnings (P/E): 19.7
• Beta (1Y): 1.09
• Revenue Growth: 9.96%
• EPS Growth: 2.74%
• Country: US
• Employees: 1,143
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 0.59
• Shares Outstanding: 27,672,747
• 10 Day Avg. Volume: 256,951
• 30 Day Avg. Volume: 291,604
• PEG Ratio: -1.78
• Price to Book (P/B): 4.90
• Price to Sales (P/S): 2.63
• P/FCF Ratio: 26.85
• Enterprise Value/Market Cap: 1.01
• Enterprise Value/Revenue: 2.15
• Enterprise Value/Gross Profit: 5.11
• Enterprise Value/Ebitda: 13.08
• 1Y Price Target: $55.00
• Price Target Upside: 58.73% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 78 Outperform
• Price Target: $39.00 ▲(12.55% Upside)

XPEL's strong financial performance and positive earnings call sentiment are the primary drivers of its score. While technical analysis presents mixed signals, the company's robust revenue growth and stable financial position support a favorable outlook. Valuation is reasonable, though the lack of a dividend yield may deter some investors.

XPEL Business Overview & Revenue Model

Company Description

XPEL, Inc. is a leading provider of protective films and coatings, primarily serving the automotive, aerospace, and architectural sectors. The company specializes in products like paint protection films, window tint films, and other surface protection solutions designed to enhance the appearance and longevity of vehicles and structures. With a focus on innovation and quality, XPEL has established itself as a trusted brand among consumers and professionals alike, offering comprehensive solutions that cater to the needs of both individual customers and commercial enterprises.

How the Company Makes Money

XPEL generates revenue through the sale of its protective films and coatings, which are distributed through a network of authorized installers and resellers. The company earns money from direct sales of its products as well as installation services provided by these partners. Key revenue streams include the sale of paint protection films, window tint films, and specialty coatings, which cater to both consumer and commercial markets. Additionally, XPEL benefits from ongoing partnerships with automotive manufacturers and dealerships that incorporate XPEL products into their offerings, further enhancing the company's market reach and sales potential. The company's commitment to innovation also allows it to introduce new products that can drive additional revenue growth.

XPEL Financial Statement Overview

Summary

XPEL demonstrates strong financial health with consistent revenue growth and robust profitability. The balance sheet is stable with low leverage, and cash flow management is effective. However, slight pressure on operational margins suggests room for improvement in operational efficiency.

Income Statement

XPEL has demonstrated consistent revenue growth with a TTM growth rate of 3.41% and strong historical growth. The gross profit margin remains robust at 42.24% TTM, indicating effective cost management. However, there is a slight decline in EBIT and EBITDA margins over the TTM, suggesting potential pressure on operational efficiency.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.09 TTM, reflecting prudent financial leverage. Return on equity is strong at 21.51% TTM, showcasing effective use of shareholder funds. The equity ratio is solid, indicating a stable financial position.

Cash Flow

XPEL's cash flow performance is commendable with a free cash flow growth rate of 4.66% TTM. The operating cash flow to net income ratio is healthy at 1.35 TTM, indicating efficient cash generation. However, the free cash flow to net income ratio suggests a slight decrease in cash conversion efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	448.90M	420.40M	396.29M	323.99M	259.26M	158.92M
Gross Profit	189.03M	177.36M	162.41M	127.51M	92.68M	54.03M
EBITDA	73.79M	69.47M	76.87M	61.77M	40.12M	23.37M
Net Income	48.67M	45.49M	52.80M	41.38M	31.57M	18.28M
Balance Sheet
Total Assets	318.07M	285.61M	252.04M	193.36M	161.01M	83.84M
Cash, Cash Equivalents and Short-Term Investments	49.59M	22.09M	11.61M	8.06M	9.64M	29.03M
Total Debt	21.76M	21.08M	36.06M	42.08M	38.26M	12.12M
Total Liabilities	62.41M	60.15M	72.05M	68.64M	76.55M	30.46M
Stockholders Equity	255.66M	225.46M	179.99M	124.72M	84.46M	53.38M
Cash Flow
Free Cash Flow	53.01M	41.11M	29.74M	2.50M	10.58M	16.31M
Operating Cash Flow	57.00M	47.82M	37.38M	12.06M	18.27M	18.47M
Investing Cash Flow	-10.71M	-18.40M	-26.35M	-14.16M	-56.81M	-4.66M
Financing Cash Flow	-11.39M	-19.25M	-7.26M	602.00K	19.24M	3.51M

XPEL Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 34.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XPEL, the sentiment is Negative. The current price of 34.65 is below the 20-day moving average (MA) of 34.83, below the 50-day MA of 34.94, and below the 200-day MA of 35.05, indicating a bearish trend. The MACD of 0.24 indicates Positive momentum. The RSI at 44.80 is Neutral, neither overbought nor oversold. The STOCH value of 22.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for XPEL.

XPEL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
XPEL	―	$958.31M	19.72	21.27%	―	9.96%	2.74%
THRM	―	$1.12B	36.93	4.44%	―	-0.10%	-53.49%
SMP	―	$816.40M	12.59	9.90%	3.29%	17.98%	9.41%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
ECX	―	$934.33M	―	―	―	12.52%	22.68%
FOXF	―	$924.21M	-3.66	-23.42%	―	7.16%	-720.80%
AEVA	―	$920.39M	―	-1441.64%	―	111.39%	-74.39%

XPEL Corporate Events

XPEL Amends Credit Agreement with Wells Fargo Bank

On September 11, 2025, XPEL, Inc. amended its Credit Agreement with Wells Fargo Bank, extending the maturity date from April 6, 2026, to September 11, 2028. This agreement, which allows for secured revolving loans and letters of credit up to $125 million, includes interest rates based on either a Base Rate or Adjusted Term SOFR, with fees and margins dependent on XPEL’s financial ratios. The amendment is significant as it secures XPEL’s financial flexibility and stability for the coming years, ensuring compliance with various financial covenants and maintaining a first priority security interest in its assets.

The most recent analyst rating on (XPEL) stock is a Buy with a $41.00 price target. To see the full list of analyst forecasts on XPEL stock, see the XPEL Stock Forecast page.

XPEL, Inc. Reports Record Q2 2025 Revenue Growth

XPEL, Inc. is a global provider of protective films and coatings, specializing in automotive paint protection, surface protection, and window films, with a strong focus on quality products and customer service. In the second quarter of 2025, XPEL reported a record revenue of $124.7 million, marking a 13.5% increase compared to the same period in 2024. The company also saw a 7.8% rise in net income, reaching $16.2 million. Key financial metrics for the quarter included a gross margin of 42.9% and EBITDA of $23.4 million, reflecting a 7.1% increase from the previous year. Notably, XPEL’s revenue growth was driven by a significant increase in product and service revenues, with window film revenue surging by 27% year-over-year. The company also experienced robust geographical revenue growth, particularly in China and the Asia Pacific region. Looking ahead, XPEL’s management remains optimistic about maintaining its growth momentum, with a projected revenue range of $117 to $119 million for the third quarter of 2025.

Xpel, Inc. Reports Record Revenue Amid Market Challenges

In the latest earnings call, Xpel, Inc. showcased a commendable performance amidst a volatile market environment. The sentiment was a blend of optimism due to positive revenue growth and strategic positioning, particularly in the U.S. and key international markets, although challenges persist in Latin America and with rising SG&A expenses. Overall, the company’s resilience in navigating these challenges was evident.