Financials CAR Group Limited

Equities

CAR

AU000000CAR3

Internet Services

Market Closed - Australian S.E. 02:10:52 2024-04-18 am EDT 5-day change 1st Jan Change
33.47 AUD +0.15% Intraday chart for CAR Group Limited -1.70% +7.48%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,306 4,357 5,572 5,202 8,974 12,601 - -
Enterprise Value (EV) 1 3,686 4,797 5,331 5,784 9,947 13,556 13,487 13,445
P/E ratio 38.8 x 36.3 x 37.6 x 32.3 x 13.2 x 40.3 x 34 x 29.7 x
Yield 3.36% 2.65% 2.4% 2.72% 2.56% 2.13% 2.45% 2.78%
Capitalization / Revenue 7.92 x 11 x 13 x 10.2 x 11.5 x 11.5 x 10.3 x 9.33 x
EV / Revenue 8.83 x 12.1 x 12.5 x 11.4 x 12.7 x 12.3 x 11.1 x 9.95 x
EV / EBITDA 17.5 x 20.7 x 21 x 21.3 x 23.4 x 23.3 x 20.7 x 18.3 x
EV / FCF 28.8 x 34.8 x 32.3 x 37.2 x 46.9 x 38.6 x 33.5 x 28.8 x
FCF Yield 3.47% 2.87% 3.09% 2.69% 2.13% 2.59% 2.98% 3.47%
Price to Book 10.5 x 14.7 x 5.94 x 5.14 x 3.58 x 4.07 x 3.98 x 3.86 x
Nbr of stocks (in thousands) 244,347 245,614 281,966 282,845 376,734 377,050 - -
Reference price 2 13.53 17.74 19.76 18.39 23.82 33.42 33.42 33.42
Announcement Date 8/20/19 8/18/20 8/15/21 8/14/22 8/13/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 417.5 396 427.2 509.1 781.2 1,099 1,220 1,351
EBITDA 1 210.1 232 254.2 271.7 425 581 653 734.5
EBIT 1 193.9 203.6 222.3 233.1 374.2 515 564.1 636.6
Operating Margin 46.44% 51.41% 52.04% 45.79% 47.9% 46.85% 46.22% 47.13%
Earnings before Tax (EBT) 1 183.5 172 186.5 223.5 699.7 444.9 498.9 574.7
Net income 1 85.27 119.9 130.7 160.8 645.6 301.1 359.9 412.4
Net margin 20.43% 30.28% 30.6% 31.59% 82.64% 27.39% 29.49% 30.53%
EPS 2 0.3490 0.4890 0.5250 0.5690 1.811 0.8287 0.9842 1.127
Free Cash Flow 1 128 137.9 165 155.4 212.3 351.5 402.1 466.1
FCF margin 30.67% 34.81% 38.62% 30.52% 27.17% 31.98% 32.94% 34.51%
FCF Conversion (EBITDA) 60.94% 59.42% 64.9% 57.18% 49.94% 60.5% 61.57% 63.46%
FCF Conversion (Net income) 150.15% 114.97% 126.22% 96.61% 32.88% 116.74% 111.72% 113.02%
Dividend per Share 2 0.4550 0.4700 0.4750 0.5000 0.6100 0.7116 0.8181 0.9282
Announcement Date 8/20/19 8/18/20 8/15/21 8/14/22 8/13/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 214.1 181.9 198.9 228.3 241.9 267.2 331.7 449.4 531 569.9 - -
EBITDA 1 106.7 125.3 113.8 140.4 125.3 146.4 177.9 247.1 277 302.4 304 333
EBIT 1 93.1 - 94.32 128 102.5 130.6 155.4 218.8 194.7 270.9 - -
Operating Margin 43.48% - 47.42% 56.07% 42.37% 48.88% 46.85% 48.69% 36.67% 47.53% - -
Earnings before Tax (EBT) 1 - - - - - 120 441.1 258.6 161.7 234.3 - -
Net income 1 71.2 - 61.07 - - 86.2 416.5 229.2 117 183.1 - -
Net margin 33.26% - 30.7% - - 32.26% 125.57% 50.99% 22.04% 32.13% - -
EPS - - 0.2480 - 0.2640 - 1.192 - 0.3100 - - -
Dividend per Share 0.2200 - - 0.2250 0.2550 - 0.2850 - - - - -
Announcement Date 2/11/20 8/18/20 2/16/21 8/15/21 2/13/22 8/14/22 2/12/23 8/13/23 2/11/24 - - -
1AUD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 380 439 - 582 973 955 886 844
Net Cash position 1 - - 241 - - - - -
Leverage (Debt/EBITDA) 1.809 x 1.894 x - 2.143 x 2.289 x 1.643 x 1.357 x 1.149 x
Free Cash Flow 1 128 138 165 155 212 352 402 466
ROE (net income / shareholders' equity) 40.8% 37.9% 21.3% 20% 17.7% 11.2% 12.6% 14%
ROA (Net income/ Total Assets) 14.3% 11.5% 12.1% 12.9% 8.5% 7.87% 8.78% 9.87%
Assets 1 595.3 1,040 1,081 1,248 7,595 3,826 4,100 4,180
Book Value Per Share 2 1.290 1.210 3.330 3.580 6.650 8.210 8.410 8.660
Cash Flow per Share 2 0.5400 0.7000 0.8000 0.7200 0.8400 1.140 1.300 1.470
Capex 1 8.96 33.6 33.3 48.3 87 100 105 114
Capex / Sales 2.15% 8.48% 7.8% 9.48% 11.14% 9.13% 8.64% 8.45%
Announcement Date 8/20/19 8/18/20 8/15/21 8/14/22 8/13/23 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
33.42 AUD
Average target price
34.75 AUD
Spread / Average Target
+3.98%
Consensus
  1. Stock Market
  2. Equities
  3. CAR Stock
  4. Financials CAR Group Limited