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1 Comment
carsales.com Ltd is currently in a long term uptrend where the price is trading 6.7% above its 200 day moving average.
From a valuation standpoint, the stock is 94.1% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 12.0.
carsales.com Ltd's total revenue sank by 7.1% to $199M since the same quarter in the previous year.
Its net income has dropped by 8.3% to $61M since the same quarter in the previous year.
Finally, its free cash flow grew by 78.1% to $46M since the same quarter in the previous year.
Based on the above factors, carsales.com Ltd gets an overall score of 3/5.
CurrencyCode | AUD |
---|---|
Industry | Internet Content & Information |
Exchange | AU |
Sector | Communication Services |
ISIN | AU000000CAR3 |
Dividend Yield | 2.3% |
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Market Cap | 13B |
Beta | 0.69 |
PE Ratio | 50.12 |
Target Price | 39.16 |
CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through six segments: Australia " Online Advertising Services; Australia " Data, Research and Services; Investments; North America; Latin America; and Asia segments. The Australia " 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; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements for corporate customers comprising automotive manufacturers and finance companies. The Australia " 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 Investments segment holds investment in consumer markets, as well as provides mobility and vehicle inspection services. The North America segment operates digital non-automotive marketplaces. The Latin America segment digital automotive marketplaces. The Asia segment is involved in digital automotive classified business, as well as provides automotive data and advertising services. The company was formerly known as carsales.com Ltd and changed its name to CAR Group Limited in November 2023. CAR Group Limited was incorporated in 1996 and is headquartered in Melbourne, Australia.
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