CAR Group Limited

$ 27.73 -0.22 %

Established in 1996 and headquartered in Melbourne, Australia, CAR Group Limited, previously known as carsales.com Ltd until November 2023, is a global leader in online classifieds for vehicles across automotive, motorcycle, and marine categories. Its extensive operational footprint spans numerous countries including Australia, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company's diverse operations are structured across several key segments. The Online Advertising Services division facilitates classified advertisements for both individual sellers and dealerships, enabling them to market automotive and other goods and services on the CAR Group network. This segment generates revenue through various offerings like subscriptions, lead generation fees, listing fees, and premium placement options, alongside display advertising for major corporate clients such as car manufacturers and financial institutions. The Data, Research and Services segment provides a suite of business solutions, including Software-as-a-Service, detailed research and reporting, vehicle valuation and appraisal, website creation and hosting, and professional photography services. Through its Carsales Investments segment, the group holds stakes in consumer and wholesale tire sectors, in addition to offering mobility solutions and vehicle examination services. Regional operations include the North America segment, focused on digital marketplaces outside the automotive sector, while the Latin America segment specializes in digital automotive marketplaces. The Asia segment manages digital automotive classified platforms and delivers automotive-related data and advertising solutions.

CEO: William John Elliott - https://cargroup.com

Price objectif

-

Recommandation

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DCF

$ 65.56

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CAR.AX vs S&P500

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Quick ratio

1.92

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

35.55

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.78

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

10.19 %

reflects reasonable profitability, showing good use of equity.

ROIC

7.91 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

7.65

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.53

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

1.32

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

96.98 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
4.69 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.98 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.31 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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