Author argues LKQ is undervalued at ~0.85x sales/~7.5x EBITDA and is a compelling activist-driven situation with a strategic review and potential asset sales.
LKQ — LONG The author argues LKQ trades cheaply at roughly 0.85x sales and 7.5x EBITDA as a global aftermarket parts giant. Activist pressure from Ancora (board seats) and Ananym, combined with an announced full strategic review and an explicit sale on the table, could unlock value. The Self-Service unit was already sold and the Specialty process is live, with Europe and NA Core potentially next as all options are on the table. Main risk implied is execution of the strategic review and asset sale process.
LKQ is no stranger to activist pressure, but this time it’s different— a full strategic review was announced & a sale explicitly on table. It’s a global aftermarket parts giant at \~0.85x sales/\~7.5x EBITDA. Ancora have board seats & Ananym are publicly piling on the pressure. The Self-Service was sold, The Specialty process is live. Is Europe next? NA Core ? All options are now on the table.
This Reddit post, published February 13, 2026, features u/ShowMeTheIncentives discussing LKQ. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/ShowMeTheIncentives · Tickers: LKQ