EAGERS AUTOMOTIVE LIMITED (APE)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

APE - EAGERS AUTOMOTIVE LIMITED

FNArena Sector : Automobiles & Components
Year End: December
GICS Industry Group : Retailing
Debt/EBITDA: 3.92
Index: ASX200 | ASX300 | ALL-ORDS

Eagers Automotive is the largest car and truck dealership group in Australia. Originally founded in 1913 by Edward Eager the company has been listed since 1957 and in 2020 acquired its major competitor Automotive Holdings, now reflected in the group's name.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$13.16

22 Apr
2024

0.310

OPEN

$13.03

2.41%

HIGH

$13.18

331,705

LOW

$12.92

TARGET
$15.079 14.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMA . ARB . ASG . BAP . CAR . GUD . IFM . MTO . MXI . PWH . PWR . RPM . SFC . SNL . SUL . VMT .
FNARENA'S MARKET CONSENSUS FORECASTS
APE: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 111.2 xxx
DPS (cps) xxx N/A 70.4 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 11.8 xxx
Dividend Yield xxx N/A 5.4% xxx
Div Pay Ratio(%) xxx N/A 63.3% xxx

Dividend yield today if purchased 3 years ago: 4.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

5.64

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 14/03 - ex-div 50c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx110.7
DPS All xxxxxxxxxxxxxxx74.0
Sales/Revenue xxxxxxxxxxxxxxx9,851.7 M
Book Value Per Share xxxxxxxxxxxxxxx494.4
Net Operating Cash Flow xxxxxxxxxxxxxxx416.3 M
Net Profit Margin xxxxxxxxxxxxxxx2.85 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx22.72 %
Return on Invested Capital xxxxxxxxxxxxxxx11.47 %
Return on Assets xxxxxxxxxxxxxxx6.20 %
Return on Equity xxxxxxxxxxxxxxx22.72 %
Return on Total Capital xxxxxxxxxxxxxxx14.83 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx159.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx1,480 M
Long Term Debt xxxxxxxxxxxxxxx1,194 M
Total Debt xxxxxxxxxxxxxxx2,674 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx222 M
Price To Book Value xxxxxxxxxxxxxxx2.93

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx74.3 M
Capex % of Sales xxxxxxxxxxxxxxx0.75 %
Cost of Goods Sold xxxxxxxxxxxxxxx8,858 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx433 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx66 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.6

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

23/02/2024

3

Neutral

$14.00

6.38%

Eagers Automotive has reported underlying profit slightly below Macquarie. Revenues were ahead, so margins are showing signs of normalisation as interest costs increased on higher inventory levels, the broker notes.

Elevated cancellations and vehicle substitution have driven order book declines. It would still take more than 12 months to clear the order bank, Macquarie notes, all things being equal, but it does raise questions over depth and quality.

The broker believes the declining order book, substitution for lower margin product and a potential softening in demand as the year progresses will result in 2024 being the year of margin normalisation.

Target falls to $14.00 from $14.60, Neutral retained.

FORECAST
Macquarie forecasts a full year FY24 dividend of 64.00 cents and EPS of 98.30 cents.
Macquarie forecasts a full year FY25 dividend of 59.00 cents and EPS of 90.74 cents.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

APE STOCK CHART