CAR Group Future Growth

Future criteria checks 3/6

CAR Group is forecast to grow earnings and revenue by 14.1% and 9.4% per annum respectively. EPS is expected to grow by 13.7% per annum. Return on equity is forecast to be 15.5% in 3 years.

Key information

14.1%

Earnings growth rate

13.7%

EPS growth rate

Interactive Media and Services earnings growth	20.2%
Revenue growth rate	9.4%
Future return on equity	15.5%
Analyst coverage	Good
Last updated	11 Dec 2024

Recent future growth updates

Recent updates

CAR Group Limited's (ASX:CAR) Popularity With Investors Is Under Threat From Overpricing

Jun 04

Does CAR Group (ASX:CAR) Have A Healthy Balance Sheet?

Apr 21

Is It Time To Consider Buying CAR Group Limited (ASX:CAR)?

Mar 24

CAR Group Limited (ASX:CAR) Shares Could Be 24% Above Their Intrinsic Value Estimate

Mar 06

CAR Group's (ASX:CAR) Weak Earnings May Only Reveal A Part Of The Whole Picture

Feb 21

CAR Group's (ASX:CAR) Dividend Will Be Increased To A$0.345

Feb 14

Does CAR Group (ASX:CAR) Deserve A Spot On Your Watchlist?

Feb 05

CAR Group (ASX:CAR) Has A Pretty Healthy Balance Sheet

Dec 26

Earnings and Revenue Growth Forecasts

ASX:CAR - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	1,502	445	508	634	13
6/30/2026	1,355	397	453	590	14
6/30/2025	1,215	340	407	530	14
6/30/2024	1,099	250	357	459	N/A
3/31/2024	1,040	298	325	429	N/A
12/31/2023	980	346	294	398	N/A
9/30/2023	881	496	253	349	N/A
6/30/2023	781	646	212	299	N/A
3/31/2023	690	574	186	259	N/A
12/31/2022	599	503	159	218	N/A
9/30/2022	554	332	157	211	N/A
6/30/2022	509	161	155	204	N/A
3/31/2022	490	153	156	200	N/A
12/31/2021	470	144	157	196	N/A
9/30/2021	449	137	162	198	N/A
6/30/2021	427	131	167	201	N/A
3/31/2021	403	120	157	191	N/A
12/31/2020	380	110	147	182	N/A
9/30/2020	387	115	145	179	N/A
6/30/2020	394	120	143	176	N/A
12/31/2019	426	145	148	176	N/A
9/30/2019	422	138	139	167	N/A
6/30/2019	417	132	131	158	N/A
12/31/2018	381	178	124	144	N/A
9/30/2018	379	179	117	132	N/A
6/30/2018	377	180	111	119	N/A
3/31/2018	419	154	N/A	119	N/A
12/31/2017	394	123	N/A	119	N/A
9/30/2017	383	116	N/A	122	N/A
6/30/2017	372	109	N/A	125	N/A
3/31/2017	364	107	N/A	123	N/A
12/31/2016	355	105	N/A	121	N/A
9/30/2016	350	107	N/A	120	N/A
6/30/2016	344	109	N/A	120	N/A
3/31/2016	336	109	N/A	114	N/A
12/31/2015	328	108	N/A	108	N/A
9/30/2015	320	105	N/A	105	N/A
6/30/2015	312	103	N/A	102	N/A
3/31/2015	293	101	N/A	102	N/A
12/31/2014	274	98	N/A	103	N/A
9/30/2014	255	97	N/A	102	N/A
6/30/2014	236	95	N/A	101	N/A
3/31/2014	230	93	N/A	98	N/A
12/31/2013	225	90	N/A	95	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CAR's forecast earnings growth (14.1% per year) is above the savings rate (2.6%).

Earnings vs Market: CAR's earnings (14.1% per year) are forecast to grow faster than the Australian market (12.4% per year).

High Growth Earnings: CAR's earnings are forecast to grow, but not significantly.

Revenue vs Market: CAR's revenue (9.4% per year) is forecast to grow faster than the Australian market (5.8% per year).

High Growth Revenue: CAR's revenue (9.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CAR's Return on Equity is forecast to be low in 3 years time (15.5%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 17:47
End of Day Share Price	2024/12/18 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CAR Group Limited is covered by 37 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	APP Securities Pty Ltd.
Russell Wright	Barclay Pearce Capital Pty Limited
Eric Choi	Barrenjoey Markets Pty Limited

CAR Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 10.0% to AU$34.38

Price target increased by 7.8% to AU$26.84

Consensus EPS estimates increase by 21%

Consensus EPS estimates increase by 38%

Recent updates

Calculating The Fair Value Of CAR Group Limited (ASX:CAR)

Now 21% overvalued after recent price rise

Should You Think About Buying CAR Group Limited (ASX:CAR) Now?

The Price Is Right For CAR Group Limited (ASX:CAR)

CAR Group Limited, Annual General Meeting, Oct 25, 2024

These 4 Measures Indicate That CAR Group (ASX:CAR) Is Using Debt Safely

Upcoming dividend of AU$0.39 per share

CAR Group's (ASX:CAR) Dividend Will Be Increased To A$0.385

MD, CEO & Director exercised options and sold AU$3.6m worth of stock

MD, CEO & Director recently sold AU$1.9m worth of stock

CAR Group's (ASX:CAR) Dividend Will Be Increased To A$0.385

Final dividend of AU$0.39 announced

Full year 2024 earnings: EPS misses analyst expectations

What Is CAR Group Limited's (ASX:CAR) Share Price Doing?

CAR Group Limited to Report Fiscal Year 2024 Results on Aug 12, 2024

CAR Group Limited's (ASX:CAR) Popularity With Investors Is Under Threat From Overpricing

Now 22% overvalued

Now 21% overvalued after recent price rise

Now 20% overvalued after recent price rise

Does CAR Group (ASX:CAR) Have A Healthy Balance Sheet?

Co-Founder & Non Executive Director recently sold AU$4.0m worth of stock

Is It Time To Consider Buying CAR Group Limited (ASX:CAR)?

Upcoming dividend of AU$0.34 per share

CAR Group Limited (ASX:CAR) Shares Could Be 24% Above Their Intrinsic Value Estimate

CAR Group's (ASX:CAR) Weak Earnings May Only Reveal A Part Of The Whole Picture

Now 21% overvalued after recent price rise

CAR Group's (ASX:CAR) Dividend Will Be Increased To A$0.345

First half dividend increased to AU$0.34

Price target increased by 10.0% to AU$34.38

First half 2024 earnings released: EPS: AU$0.31 (vs AU$1.18 in 1H 2023)

Does CAR Group (ASX:CAR) Deserve A Spot On Your Watchlist?

Now 21% overvalued after recent price rise

CAR Group (ASX:CAR) Has A Pretty Healthy Balance Sheet

CAR Group Limited to Report First Half, 2024 Results on Feb 12, 2024

carsales.com Ltd, Annual General Meeting, Oct 27, 2023

Pip Marlow to Join carsales.com Ltd.'s Board of Directors, Effective 1 February 2024

Upcoming dividend of AU$0.33 per share at 2.1% yield

MD, CEO & Director exercised options to buy AU$2.6m worth of stock.

Full year 2023 earnings: EPS exceeds analyst expectations

Price target increased by 7.8% to AU$26.84

Consensus EPS estimates increase by 21%

carsales.com Ltd to Report Fiscal Year 2023 Results on Aug 14, 2023

New minor risk - Insider selling

carsales.com Ltd Appoints Susan Massasso to the Board of Directors as A Non-Executive Director, Effective from 14 June 2023

Co-Founder & Non Executive Director recently sold AU$1.6m worth of stock

Upcoming dividend of AU$0.28 per share at 2.3% yield

Consensus EPS estimates increase by 38%

First half 2023 earnings released: EPS: AU$1.19 (vs AU$0.26 in 1H 2022)

carsales.com Ltd Announces Ordinary Dividend for the Period of Six Months Ended December 31, 2022, Payable on April 18, 2023

carsales.com Ltd to Report First Half, 2023 Results on Feb 13, 2023

Less than half of directors are independent

carsales.com Ltd Announces Retirement of Steven Kloss as Alternate Director, Effective 4 November 2022

carsales.com Ltd (ASX:CAR) completed the acquisition of remaining 51% stake in Trader Interactive, LLC from Eurazeo SE (ENXTPA:RF).

carsales.com Ltd, Annual General Meeting, Oct 28, 2022

Now 21% undervalued after recent price drop

Upcoming dividend of AU$0.24 per share

MD, CEO & Director recently sold AU$1.8m worth of stock

MD, CEO & Director exercised options to buy AU$1.8m worth of stock.

Full year 2022 earnings: EPS and revenues miss analyst expectations

carsales.com Ltd Recommends Fully Franked Final Ordinary Dividend for the Year Ended June 30, 2022, Payable on 17 October 2022

carsales.com Ltd to Report Fiscal Year 2022 Results on Aug 15, 2022

carsales.com Ltd (ASX:CAR) agreed to acquire remaining 51% stake in Trader Interactive, LLC for approximately $810 million.

Now 29% undervalued after recent price drop

carsales.com Ltd (ASX:CAR) agreed to acquire remaining 51% stake in Trader Interactive, LLC for approximately $810 million.

Less than half of directors are independent

Carsales.Com Limited Announces Executive Changes

Upcoming dividend of AU$0.26 per share

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity