CAR Group Future Growth

Future criteria checks 3/6

CAR Group is forecast to grow earnings and revenue by 13.7% and 9.4% per annum respectively. EPS is expected to grow by 13.2% per annum. Return on equity is forecast to be 15.5% in 3 years.

Key information

13.7%

Earnings growth rate

13.2%

EPS growth rate

Interactive Media and Services earnings growth	20.1%
Revenue growth rate	9.4%
Future return on equity	15.5%
Analyst coverage	Good
Last updated	25 Oct 2024

Recent future growth updates

Earnings Beat: carsales.com Ltd Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 15

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

Is Now The Time To Look At Buying CAR Group Limited (ASX:CAR)?

Nov 17

Here's Why We Think CAR Group (ASX:CAR) Might Deserve Your Attention Today

Nov 05

Estimating The Intrinsic Value Of carsales.com Ltd (ASX:CAR)

Oct 12

Is carsales.com (ASX:CAR) Using Too Much Debt?

Sep 16

carsales.com (ASX:CAR) Has Announced That It Will Be Increasing Its Dividend To A$0.325

Sep 02

carsales.com's (ASX:CAR) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 18

Earnings Beat: carsales.com Ltd Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 15

What Is carsales.com Ltd's (ASX:CAR) Share Price Doing?

Jul 30

We Ran A Stock Scan For Earnings Growth And carsales.com (ASX:CAR) Passed With Ease

Jun 20

Here's Why carsales.com (ASX:CAR) Can Manage Its Debt Responsibly

Jun 08

carsales.com Ltd's (ASX:CAR) Intrinsic Value Is Potentially 17% Below Its Share Price

May 12

At AU$21.67, Is It Time To Put carsales.com Ltd (ASX:CAR) On Your Watch List?

Mar 23

Here's Why We Think carsales.com (ASX:CAR) Is Well Worth Watching

Mar 11

These 4 Measures Indicate That carsales.com (ASX:CAR) Is Using Debt Reasonably Well

Feb 26

Does This Valuation Of carsales.com Ltd (ASX:CAR) Imply Investors Are Overpaying?

Jan 25

Is Now An Opportune Moment To Examine carsales.com Ltd (ASX:CAR)?

Dec 03

Calculating The Fair Value Of carsales.com Ltd (ASX:CAR)

Oct 18

What Is carsales.com Ltd's (ASX:CAR) Share Price Doing?

Sep 02

carsales.com (ASX:CAR) Will Pay A Larger Dividend Than Last Year At A$0.245

Aug 17

carsales.com Ltd's (ASX:CAR) Intrinsic Value Is Potentially 70% Above Its Share Price

Jul 15

What Does carsales.com Ltd's (ASX:CAR) Share Price Indicate?

May 30

We Think carsales.com (ASX:CAR) Can Manage Its Debt With Ease

May 13

Estimating The Fair Value Of carsales.com Ltd (ASX:CAR)

Mar 26

carsales.com's (ASX:CAR) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 16

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	1,202	350	407	530	3
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 (13.7% per year) is above the savings rate (2.6%).

Earnings vs Market: CAR's earnings (13.7% per year) are forecast to grow faster than the Australian market (12.6% 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 (5.7% 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%).

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

Earnings Beat: carsales.com Ltd Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Price target increased by 7.8% to AU$26.84

Consensus EPS estimates increase by 21%

Consensus EPS estimates increase by 38%

Recent updates

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

Is Now The Time To Look At Buying CAR Group Limited (ASX:CAR)?

Here's Why We Think CAR Group (ASX:CAR) Might Deserve Your Attention Today

Estimating The Intrinsic Value Of carsales.com Ltd (ASX:CAR)

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

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

Is carsales.com (ASX:CAR) Using Too Much Debt?

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

carsales.com (ASX:CAR) Has Announced That It Will Be Increasing Its Dividend To A$0.325

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

carsales.com's (ASX:CAR) Shareholders Will Receive A Bigger Dividend Than Last Year

Earnings Beat: carsales.com Ltd Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Full year 2023 earnings: EPS exceeds analyst expectations

Price target increased by 7.8% to AU$26.84

What Is carsales.com Ltd's (ASX:CAR) Share Price Doing?

Consensus EPS estimates increase by 21%

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

New minor risk - Insider selling

We Ran A Stock Scan For Earnings Growth And carsales.com (ASX:CAR) Passed With Ease

Here's Why carsales.com (ASX:CAR) Can Manage Its Debt Responsibly

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

carsales.com Ltd's (ASX:CAR) Intrinsic Value Is Potentially 17% Below Its Share Price

At AU$21.67, Is It Time To Put carsales.com Ltd (ASX:CAR) On Your Watch List?

Here's Why We Think carsales.com (ASX:CAR) Is Well Worth Watching

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

These 4 Measures Indicate That carsales.com (ASX:CAR) Is Using Debt Reasonably Well

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

Does This Valuation Of carsales.com Ltd (ASX:CAR) Imply Investors Are Overpaying?

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

Is Now An Opportune Moment To Examine carsales.com Ltd (ASX:CAR)?

Less than half of directors are independent

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

Calculating The Fair Value Of carsales.com Ltd (ASX:CAR)

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