TRUECAR, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.88 USD | +2.86% |
|
-1.03% | -16.76% |
| Feb. 22 | B. Riley Lifts TrueCar's PT to $4.10 From $3 After 'Solid' Q4 2023 Results, Keeps Neutral Rating | MT |
| Feb. 21 | Transcript : TrueCar, Inc., Q4 2023 Earnings Call, Feb 21, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 506.3 | 437.2 | 326.1 | 221.2 | 314.1 | 263.7 | - | - |
| Enterprise Value (EV) 1 | 324.8 | 168.7 | 86.17 | 50.16 | 180.4 | 155.7 | 174.1 | 263.7 |
| P/E ratio | -9.13 x | 5.75 x | -8.72 x | -1.93 x | -6.29 x | -23.9 x | -30.5 x | 72 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.43 x | 1.57 x | 1.41 x | 1.37 x | 1.98 x | 1.44 x | 1.24 x | 1.09 x |
| EV / Revenue | 0.92 x | 0.61 x | 0.37 x | 0.31 x | 1.14 x | 0.85 x | 0.82 x | 1.09 x |
| EV / EBITDA | 17.2 x | 4.01 x | 17.6 x | -1.68 x | -13.2 x | 12.4 x | 7.83 x | 8.18 x |
| EV / FCF | 35.8 x | 5.85 x | 24.6 x | -1.23 x | -5.27 x | 39.2 x | 11.1 x | 14.1 x |
| FCF Yield | 2.79% | 17.1% | 4.07% | -81.4% | -19% | 2.55% | 9.05% | 7.07% |
| Price to Book | 1.55 x | 1.09 x | 1 x | 1.13 x | 1.94 x | 1.88 x | 2.05 x | - |
| Nbr of stocks (in thousands) | 106,596 | 104,094 | 95,922 | 88,113 | 90,780 | 91,574 | - | - |
| Reference price 2 | 4.750 | 4.200 | 3.400 | 2.510 | 3.460 | 2.880 | 2.880 | 2.880 |
| Announcement Date | 2/20/20 | 2/24/21 | 2/22/22 | 2/24/23 | 2/20/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 353.9 | 278.7 | 231.7 | 161.5 | 158.7 | 183.2 | 212.8 | 241.2 |
| EBITDA 1 | 18.92 | 42.1 | 4.889 | -29.95 | -13.69 | 12.59 | 22.24 | 32.25 |
| EBIT 1 | -56.82 | -18.52 | -33.48 | -125.7 | -56.47 | -12.8 | -7.116 | 0.75 |
| Operating Margin | -16.06% | -6.64% | -14.45% | -77.82% | -35.58% | -6.98% | -3.34% | 0.31% |
| Earnings before Tax (EBT) 1 | -54.6 | -19.84 | -38.16 | -121.2 | -49.75 | -10.97 | -8.162 | 4.35 |
| Net income 1 | -54.89 | 77.69 | -38.33 | -118.7 | -49.77 | -10.67 | -7.896 | 3.65 |
| Net margin | -15.51% | 27.88% | -16.54% | -73.48% | -31.36% | -5.82% | -3.71% | 1.51% |
| EPS 2 | -0.5200 | 0.7300 | -0.3900 | -1.300 | -0.5500 | -0.1204 | -0.0946 | 0.0400 |
| Free Cash Flow 1 | 9.06 | 28.84 | 3.505 | -40.82 | -34.22 | 3.967 | 15.75 | 18.65 |
| FCF margin | 2.56% | 10.35% | 1.51% | -25.27% | -21.56% | 2.17% | 7.4% | 7.73% |
| FCF Conversion (EBITDA) | 47.89% | 68.51% | 71.69% | - | - | 31.51% | 70.81% | 57.83% |
| FCF Conversion (Net income) | - | 37.12% | - | - | - | - | - | 510.96% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 2/20/20 | 2/24/21 | 2/22/22 | 2/24/23 | 2/20/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 54.97 | 45.86 | 43.53 | 42.28 | 39.05 | 36.66 | 36.98 | 39.29 | 41.15 | 41.29 | 40.99 | 44.76 | 48.16 | 49.31 | 49.2 |
| EBITDA 1 | 1.451 | -3.385 | -6.306 | -4.98 | -8.667 | -9.993 | -11.33 | -5.258 | 0.832 | 2.06 | 0.0045 | 2.699 | 4.333 | 6.16 | 5.2 |
| EBIT 1 | -6.827 | -11.34 | -14.13 | -13.97 | -78.12 | -19.47 | -21.17 | -22.15 | -9.58 | -3.573 | -6.403 | -3.849 | -2.187 | -0.4075 | - |
| Operating Margin | -12.42% | -24.72% | -32.47% | -33.04% | -200.05% | -53.11% | -57.24% | -56.36% | -23.28% | -8.65% | -15.62% | -8.6% | -4.54% | -0.83% | - |
| Earnings before Tax (EBT) 1 | -7.082 | -15.78 | -12.36 | -13.59 | -77.24 | -18.05 | -19.56 | -20.42 | -7.874 | -1.899 | -5.092 | -3.317 | -1.4 | 1.213 | - |
| Net income 1 | -6.836 | -15.79 | -12.41 | -11.02 | -77.11 | -18.14 | -19.56 | -20.42 | -7.875 | -1.902 | -4.817 | -3.085 | -1.301 | 0.9797 | - |
| Net margin | -12.44% | -34.43% | -28.52% | -26.07% | -197.46% | -49.47% | -52.91% | -51.98% | -19.14% | -4.61% | -11.75% | -6.89% | -2.7% | 1.99% | - |
| EPS 2 | -0.0700 | -0.1600 | -0.1300 | -0.1200 | -0.8500 | -0.2100 | -0.2200 | -0.2300 | -0.0900 | -0.0200 | -0.0525 | -0.0333 | -0.0133 | 0.0150 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 2/22/22 | 5/9/22 | 8/3/22 | 11/7/22 | 2/24/23 | 5/8/23 | 8/1/23 | 11/6/23 | 2/20/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 182 | 269 | 240 | 171 | 134 | 108 | 89.7 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 9.06 | 28.8 | 3.51 | -40.8 | -34.2 | 3.97 | 15.8 | 18.7 |
| ROE (net income / shareholders' equity) | -1.03% | 5.67% | -3.05% | -16.3% | -13.8% | -6.01% | -0.02% | - |
| ROA (Net income/ Total Assets) | -0.82% | 4.59% | -2.57% | -13.4% | -10.8% | -4.53% | -0.01% | - |
| Assets 1 | 6,673 | 1,694 | 1,490 | 883.5 | 459.4 | 235.5 | 65,798 | - |
| Book Value Per Share 2 | 3.060 | 3.840 | 3.390 | 2.230 | 1.780 | 1.530 | 1.410 | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 11.3 | 10.3 | 10.7 | 11.7 | 11.8 | 13 | 14 | 15 |
| Capex / Sales | 3.19% | 3.69% | 4.61% | 7.23% | 7.44% | 7.1% | 6.58% | 6.22% |
| Announcement Date | 2/20/20 | 2/24/21 | 2/22/22 | 2/24/23 | 2/20/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
2.88
USD
Average target price
4.275
USD
Spread / Average Target
+48.44%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -16.76% | 264M | |
| +18.66% | 414B | |
| +15.27% | 242B | |
| +12.15% | 144B | |
| +20.63% | 104B | |
| +17.19% | 83.87B | |
| +54.11% | 57.64B | |
| +33.59% | 53.37B | |
| +6.02% | 37.83B | |
| +15.88% | 32.51B |
- Stock Market
- Equities
- TRUE Stock
- Financials TrueCar, Inc.
