CAR GROUP LIMITED (CAR)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CAR - CAR GROUP LIMITED

FNArena Sector : Automobiles & Components
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 2.36
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS | ALL-TECH

Carsales operates a number of online marketplace websites specialising in classified advertising for vehicles, motorcycles and small boats. Carsales is the undisputed market leader in Australia. It operates similar online assets in countries in Asia and South America. Founded in 1997 it became a listed company in 2009.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$38.16

20 Jan
2025

-0.030

OPEN

$39.05

-0.08%

HIGH

$39.05

688,744

LOW

$37.74

TARGET
$39.30 3.0% upside
Franking for last dividend paid out: 50%
OTHER COMPANIES IN THE SAME SECTOR
AMA . AOV . APE . ARB . ASG . BAP . IFM . MTO . MXI . PWH . PWR . RPM . SFC . SNL . SUL . VMT .
FNARENA'S MARKET CONSENSUS FORECASTS
CAR: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 66.3 99.1 xxx
DPS (cps) xxx 73.0 82.9 xxx
EPS Growth xxx - 63.4% 49.4% xxx
DPS Growth xxx 19.7% 13.6% xxx
PE Ratio xxx N/A 38.5 xxx
Dividend Yield xxx N/A 2.2% xxx
Div Pay Ratio(%) xxx 110.1% 83.7% xxx

Dividend yield today if purchased 3 years ago: 3.46%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.91

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: 13/09 - ex-div 38.50c (franking 50%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx66.3
DPS All xxxxxxxxxxxxxxx73.0
Sales/Revenue xxxxxxxxxxxxxxx1,098.7 M
Book Value Per Share xxxxxxxxxxxxxxx764.8
Net Operating Cash Flow xxxxxxxxxxxxxxx416.2 M
Net Profit Margin xxxxxxxxxxxxxxx22.75 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx8.40 %
Return on Invested Capital xxxxxxxxxxxxxxx5.92 %
Return on Assets xxxxxxxxxxxxxxx5.35 %
Return on Equity xxxxxxxxxxxxxxx8.40 %
Return on Total Capital xxxxxxxxxxxxxxx9.56 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx158.1 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx46 M
Long Term Debt xxxxxxxxxxxxxxx1,292 M
Total Debt xxxxxxxxxxxxxxx1,338 M
Goodwill - Gross xxxxxxxxxxxxxxx3,077 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx308 M
Price To Book Value xxxxxxxxxxxxxxx4.61

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx101.8 M
Capex % of Sales xxxxxxxxxxxxxxx9.26 %
Cost of Goods Sold xxxxxxxxxxxxxxx329 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx357 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx23 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

0.7

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$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

3

xxxxxxxxx xx xxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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

Citi

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

Morgan Stanley

14/08/2024

1

Overweight

$42.00

10.06%

Following CAR Group's FY24 result and outlook commentary, Morgan Stanley raises its target to $42 from $40. The Overweight rating is maintained. Industry view: Attractive.

The broker considers its expertise around CAR Group revolves around an understanding of Media, where 2H and FY24 revenue growth were a standout at 18% and 20%, respectively. Media is where the company sells digital display/banner advertisements.

Morgan Stanley disagrees with the consensus view the Media division is mature, and growth is limited to upswings in the overall advertising cycle.

Overall, the analysts see further upside for not only for the core Australian business, but also the global businesses.

FORECAST
Morgan Stanley forecasts a full year FY25 dividend of 85.20 cents and EPS of 105.40 cents.
Morgan Stanley forecasts a full year FY26 dividend of 98.90 cents and EPS of 122.40 cents.

UBS

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

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
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

4

xxxxxxxxxxx

$xx.xx

xx.xx%

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

Goldman Sachs

30/10/2024

1

Buy

$44.50

16.61%

Goldman Sachs reviews recent data points for classifieds coverage and concludes the data is positive "broadly" for REA Group ((REA)) and Seek ((SEK)) but negative for CAR Group.

The analyst highlights robust start to Australian property listings for FY25, while A&NZ job ads seem to be above Seek's guidance. Goldman Sachs is now forecasting peak unemployment of 4.6% in June 2025. 

Car dealers' numbers remain under pressure with new car sales down -7% in 1Q25 which could impact on CAR Group.

Buy rating unchanged. Target price lifts to $44.50 from $40.50.
Access Extra Coverage Research History >

CAR STOCK CHART

FNArena News on CAR

1
Weekly Ratings, Targets, Forecast Changes – 17-01-25

Jan 20 2025 - Weekly Reports
2
Next Week At A Glance – 20-24 Jan 2025

Jan 17 2025 - Weekly Reports
3
Rudi’s View: Best Buys & Convictions For 2025

Jan 16 2025 - Rudi's View
4
Australian Broker Call *Extra* Edition – Jan 16, 2025

Jan 16 2025 - Daily Market Reports
5
Ask FNArena: What To Buy (Pre & Post Correction)

Dec 24 2024 - Rudi's View

Latest Automobiles & Components News

1
Infomedia Confident Turnaround Is Happening

Nov 13 2024 - Small Caps
2
Structural Demand Favours ARB, Amotiv & Bapcor

Oct 31 2024 - Australia
3
ARB Corp Investing For US Growth

Oct 21 2024 - Australia
4
Amotiv’s Potential Going Unnoticed

Oct 02 2024 - Small Caps
5
ARB Corp’s Making America Great(er)

Sep 11 2024 - Small Caps
6
Is Supply Network A Forever Stock?

Sep 05 2024 - Small Caps
7
PWR Holdings Revs Up For FY26 Growth

Aug 21 2024 - Small Caps
8
Resilient CAR Group Motors On

Aug 16 2024 - Australia
9
Premium ARB Corp Keeps Delivering The Goods

May 16 2024 - Small Caps
10
Luxury Cars Still Selling For Autosports

Nov 28 2023 - Small Caps