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CAR Group Limited (AU:CAR)
:CAR
Top Page
CAR Group
(Frankfurt:CAR)
71Outperform
CAR Group (CAR) vs. S&P 500 (SPY)
Market Cap
AU$12.37B
Dividend Yield2.51%
Average Volume (3M)1.20M
Price to Earnings (P/E)48.2
Beta (1Y)1.15
Revenue Growth40.64%
EPS Growth-63.23%
CountryAU
EmployeesN/A
SectorCommunication Services
Sector Strength59
IndustryInteractive Multi-Media
Share Statistics
EPS (TTM)0.68
Shares Outstanding377,692,540
10 Day Avg. Volume1,108,858
30 Day Avg. Volume1,198,273
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)12.29
Price to Cash Flow (P/CF)33.60
P/FCF Ratio-6.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$42.08Price Target Upside28.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
CAR Group Business Overview & Revenue Model
Company DescriptionCAR Group (CAR) is a multifaceted company operating in the automotive industry with a focus on vehicle leasing, fleet management, and automotive services. The company provides comprehensive solutions for individual consumers, businesses, and governmental organizations, offering a diverse range of products such as car leasing, vehicle maintenance, and fleet optimization services. CAR Group aims to deliver seamless mobility experiences through innovative technology and dedicated customer service.
How the Company Makes MoneyCAR Group generates revenue through several key streams, primarily focusing on vehicle leasing agreements, including both short-term rentals and long-term leases. The company offers customized leasing plans catering to different customer needs, ensuring a steady flow of income. Additionally, CAR Group capitalizes on its fleet management services by providing logistical support and maintenance solutions, which include repairs, parts replacement, and regular servicing. These services are often offered through contracts with businesses and governmental organizations, providing a reliable revenue stream. Collaborations with automotive manufacturers and technology partners enhance their service offerings and create additional revenue opportunities through value-added services and products.
CAR Group Financial Statement Overview
Summary
CAR Group displays strong growth in revenue and cash flows, with robust operational efficiencies. The financial structure remains sound with a healthy equity base and manageable debt levels. However, fluctuations in net profit margins and return on equity indicate some profitability concerns.Income Statement
The company has demonstrated strong revenue growth, increasing from $509 million in 2022 to $1.1 billion in 2024. Gross profit margins have remained robust, averaging around 70%. Net profit margin decreased from 82.6% in 2023 to 22.7% in 2024, suggesting potential cost pressures or one-time expenses. The EBIT and EBITDA margins are healthy, reflecting efficient operational management.85
Very Positive
Balance Sheet
The debt-to-equity ratio is relatively stable, though slightly high, indicating moderate leverage. Equity ratio has improved, reaching 61.8% in 2024, suggesting a sound financial structure. Return on equity has shown volatility, currently at 8.7%, down from a high of 21% in 2023, indicating fluctuating profitability.78
Positive
Cash Flow
Operating cash flow has shown significant improvement, increasing from $193 million in 2022 to $416 million in 2024. Free cash flow growth is strong, reflecting improved cash generation capabilities. The operating cash flow to net income ratio stands at 1.67, indicating efficient cash conversion.80
Positive
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.15B | 1.10B | 781.24M | 509.08M | 427.16M | 394.12M | Gross Profit |
| 880.62M | 769.81M | 550.89M | 377.51M | 327.44M | 295.12M | EBIT |
| 510.82M | 413.08M | 293.35M | 223.25M | 195.22M | 160.36M | EBITDA |
| 598.05M | 585.49M | 854.68M | 270.70M | 242.10M | 219.19M | Net Income Common Stockholders |
| 256.42M | 249.97M | 645.62M | 160.82M | 130.70M | 114.67M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 232.58M | 308.31M | 198.71M | 117.45M | 284.00M | 179.94M | Total Assets |
| 4.61B | 4.67B | 4.68B | 1.86B | 1.16B | 997.60M | Total Debt |
| 1.25B | 1.34B | 1.24B | 714.17M | 106.58M | 605.22M | Net Debt |
| 1.02B | 1.03B | 1.04B | 596.72M | -177.42M | 425.28M | Total Liabilities |
| 1.59B | 1.73B | 1.56B | 847.71M | 223.09M | 706.04M | Stockholders Equity |
| 2.97B | 2.88B | 3.07B | 1.01B | 938.74M | 290.80M |
| Cash Flow | Free Cash Flow | ||||
| 461.94M | 314.39M | 167.38M | 145.67M | 156.46M | 123.63M | Operating Cash Flow |
| 470.30M | 416.19M | 254.38M | 193.94M | 189.76M | 157.22M | Investing Cash Flow |
| -151.28M | -137.61M | -1.57B | -831.53M | -54.13M | -34.85M | Financing Cash Flow |
| -311.29M | -190.62M | 1.37B | 472.26M | -30.08M | -39.40M |
CAR Group Technical Analysis
Negative
32.75
Price Trends
35.96
Negative
37.39
Negative
36.54
Negative
Market Momentum
-1.10
Positive
36.87
Neutral
23.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CAR, the sentiment is Negative. The current price of 32.75 is below the 20-day moving average (MA) of 33.17, below the 50-day MA of 35.96, and below the 200-day MA of 36.54, indicating a bearish trend. The MACD of -1.10 indicates Positive momentum. The RSI at 36.87 is Neutral, neither overbought nor oversold. The STOCH value of 23.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CAR.
CAR Group Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $29.91B | 48.46 | 37.91% | 1.00% | 20.44% | -14.93% | |
71 Outperform | AU$12.37B | 48.19 | 8.51% | 2.51% | 40.64% | -63.23% | |
59 Neutral | $27.83B | 1.88 | -18.16% | 4.00% | 2.13% | -44.45% | |
48 Neutral | $7.29B | ― | -2.06% | ― | 11.58% | -51.09% | |
45 Neutral | $7.65B | 1,181.87 | 1.71% | 1.93% | -11.52% | -109.88% |
* Communication Services Sector Average
Performance Comparison
AU:CAR
CAR Group
30.94
-2.97
-8.75%
AU:SEK
Seek Limited
20.38
-3.67
-15.25%
AU:NXT
Nextdc Limited
10.65
-5.98
-35.96%
AU:REA
REA Group Ltd
223.57
45.43
25.51%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.