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Carsales is an internet content & information business based in Australia. Carsales shares (CAR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollar. Carsales has a trailing 12-month revenue of around $427.2 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $16.5726 - $26.59 |
|---|---|
| 50-day moving average | $24.7888 |
| 200-day moving average | $22.8753 |
| Target price | $25.44 |
| PE ratio | 40.1905 |
| Dividend yield | $0.475 (2.13%) |
| Earnings per share (TTM) | $0.525 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$21.37
| 1 week (2022-01-21) | 1.28% |
|---|---|
| 1 month (2021-12-29) | -15.67% |
| 3 months (2021-10-29) | -13.34% |
| 6 months (2021-07-29) | -3.30% |
| 1 year (2021-01-29) | 8.92% |
|---|---|
| 2 years (2020-01-29) | 22.39% |
| 3 years (2019-01-29) | 70.28% |
| 5 years (2017-01-27) | 100.66% |
Valuing Carsales stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Carsales's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Carsales's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Carsales shares trade at around 40x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Carsales's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $215.1 million (£0.0 million).
The EBITDA is a measure of a Carsales's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $427.2 million |
|---|---|
| Operating margin TTM | 47.12% |
| Gross profit TTM | $367.7 million |
| Return on assets TTM | 11.64% |
| Return on equity TTM | 21.3% |
| Profit margin | 30.6% |
| Book value | 3.329 |
| Market capitalisation | $6 billion |
TTM: trailing 12 months
Dividend payout ratio: 75.96% of net profits
Recently Carsales has paid out, on average, around 75.96% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.13% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Carsales shareholders could enjoy a 2.13% return on their shares, in the form of dividend payments. In Carsales's case, that would currently equate to about A$0.475 per share.
Carsales's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 16 September 2021 (the "ex-dividend date").
Over the last 12 months, Carsales's shares have ranged in value from as little as $16.5726 up to $26.59. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Carsales's is 0.8188. This would suggest that Carsales's shares are less volatile than average (for this exchange).
carsales.com Ltd operates online automotive, motorcycle, and marine classifieds business in Australia, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, Argentina, and Mexico. The company operates in Online Advertising Services; Data, Research and Services; Latin America; and Asia segments. The Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; and products, including subscriptions, lead fees, listing fees, and priority placement services. It also provides display advertising services, such as placing advertisements on carsales network websites for corporate customers comprising automotive manufacturers and finance companies. In addition, this segment holds investments in tyresales.com.au, an online tire retailer; and RedBook Inspect, which provides inspection services published online as part of classified advertisements. The Data, Research and Services segment offers software as a service, research and reporting, valuation, appraisals, and website development and hosting services, as well as photography services. The Latin America segment provides online automotive classifieds and display advertising services. The Asia segment provides digital automotive classifieds, display advertising, and automotive data services. carsales.com Ltd was incorporated in 1996 and is headquartered in Melbourne, Australia.
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