CAR Group Limited

ASX:CAR Stock Report

Market Cap: AU$10.8b

CAR Group Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Will Elliott

Chief executive officer

AU$4.7m

Total compensation

CEO salary percentage34.95%
CEO tenure1yr
CEO ownership0.02%
Management average tenure3.3yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

Narrative Update • Aug 02

CAR: Slight Model Tweaks Will Sustain Future Bullish Earnings Confidence

Analysts have trimmed their price target for CAR Group to A$32.89 from A$33.93, reflecting small adjustments to fair value assumptions, discount rate, revenue growth, profit margin and future P/E inputs in their models. What’s in the News for CAR Group No recent CAR Group specific news items or key developments are available in the provided sources as of 29 Jul 2026.
New Narrative • Jun 26

CAR Group. A wonderful compounding franchise at a fair-not-cheap price.

Accumulate below ~A$23 (add more < ~A$20). A wonderful compounding franchise at a fair-not-cheap price: the quality clears the gate, but the static margin of safety and asymmetry fall short of the deep-value entry discipline.
Narrative Update • Jun 22

CAR: Stable Forecast Assumptions Will Support Future Bullish Earnings Confidence

Analysts have left their A$33.93 price target for CAR Group unchanged, pointing to only marginal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions that together do not materially alter their view on the stock. What’s in the News for CAR Group No recent CAR Group specific news items were identified in the primary news feed.
Narrative Update • Jun 06

CAR: Upcoming Dividend Timeline Will Support Future Bullish Earnings Confidence

Analysts have kept the A$33.93 price target for CAR Group broadly steady, reflecting only small tweaks to underlying assumptions such as discount rate, revenue growth, profit margin and future P/E expectations. What's in the News No recent company specific news items were provided in the source feeds.
Narrative Update • May 02

CAR: Upcoming Dividend Timeline Will Support Future Bullish Earnings Confidence

Analysts have reduced their price target on CAR Group by A$0.66 to account for slightly lower assumptions for fair value, revenue growth, profit margins and future P/E, while maintaining their overall view of the business as broadly unchanged. What's in the News CAR Group Limited declared an ordinary dividend of A$0.425 per share for the six months ended December 31, 2025, giving investors clarity on the upcoming cash distribution (Key Developments).
Narrative Update • Apr 18

CAR: Upcoming Dividend And Steady Assumptions Will Support Bullish Earnings Confidence

Analysts have adjusted their fair value estimate for CAR Group from A$35.36 to A$34.60, reflecting slightly revised assumptions around the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News CAR Group declared an ordinary dividend of A$0.425 per share for the six months ended December 31, 2025, outlining the next payout amount (Key Developments).
Narrative Update • Apr 04

CAR: Upcoming Dividend And Stable Assumptions Will Support Bullish Earnings Confidence

Analysts have trimmed their price target for CAR Group slightly to A$35.36 from A$35.50, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News CAR Group declared an ordinary dividend of A$0.425 per share for the six months ended December 31, 2025, giving investors clarity on the upcoming payout schedule (Key Developments).
Narrative Update • Mar 20

CAR: Upcoming Dividend And Steady Assumptions Will Support Bullish Earnings Confidence

Analysts have kept CAR Group's A$35.50 price target effectively unchanged, reflecting only minimal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions in their models. What's in the News CAR Group declared an ordinary dividend of A$0.425 per share for the six months ended December 31, 2025, giving investors clarity on the upcoming cash payout schedule.
Narrative Update • Mar 06

CAR: Upcoming Dividend And Stable Outlook Will Support Bullish Earnings Confidence

Analysts have made a modest adjustment to their valuation on CAR Group, trimming the A$ fair value price target slightly as updated assumptions for discount rate, long run revenue growth, profit margins and future P/E multiples lead to a largely unchanged overall outlook. What's in the News CAR Group Limited declared an ordinary dividend of A$0.425 per share for the six months ended December 31, 2025 (Key Developments).
Narrative Update • Feb 18

CAR: Upcoming Dividend Timeline Will Support Confidence In Earnings Trajectory

Analysts have reduced their price target on CAR Group from A$37.95 to A$35.50, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E levels. What's in the News CAR Group Limited declared an ordinary dividend of A$0.425 per share for the six months ended December 31, 2025 (Key Developments).
Narrative Update • Feb 04

CAR: Future CFO Appointment Will Support Confidence In Earnings Trajectory

Analysts have trimmed their price target for CAR Group to about A$38, citing slightly lower fair value estimates and modest adjustments to growth, margin and future P/E assumptions in their updated models. What's in the News CAR Group Limited appointed Geoff Trumbull as Chief Financial Officer, effective 2 March 2026, bringing over 20 years of finance experience across industrial, infrastructure and consumer sectors (Key Developments).
Analysis Article • Jan 26

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

Key Insights The projected fair value for CAR Group is AU$30.68 based on 2 Stage Free Cash Flow to Equity With AU$29.70...
Narrative Update • Jan 21

CAR: Future CFO Appointment Will Support Confidence In Earnings Trajectory

Analysts have trimmed their fair value estimate for CAR Group from A$39.99 to about A$39.33, citing slightly softer assumptions for revenue growth, profit margins, and a modestly higher discount rate, which was partly offset by a small upward adjustment to the future P/E multiple. What's in the News CAR Group Limited appointed Geoff Trumbull as Chief Financial Officer, effective 2 March 2026, bringing over 20 years of finance experience across industrial, infrastructure and consumer sectors (Key Developments).
Analysis Article • Jan 08

Is CAR Group Limited (ASX:CAR) Potentially Undervalued?

While CAR Group Limited ( ASX:CAR ) might not have the largest market cap around , it received a lot of attention from...
Analysis Article • Dec 22

Is CAR Group (ASX:CAR) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Oct 16

A Look At The Fair Value Of CAR Group Limited (ASX:CAR)

Key Insights Using the 2 Stage Free Cash Flow to Equity, CAR Group fair value estimate is AU$32.58 CAR Group's AU$35.98...
Analysis Article • Sep 28

What You Can Learn From CAR Group Limited's (ASX:CAR) P/E

When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") below 20x, you may consider...
Analysis Article • Sep 11

Is CAR Group (ASX:CAR) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • Aug 18

CAR Group's (ASX:CAR) Dividend Will Be Increased To A$0.415

CAR Group Limited ( ASX:CAR ) has announced that it will be increasing its dividend from last year's comparable payment...
New Narrative • Aug 17

Digital Transformation And AI Adoption Will Expand Global Reach

Key Takeaways Adoption of AI-driven services and diversified digital offerings is enhancing customer experience, opening new revenue streams, and supporting margin expansion. Low market penetration and sustained digital transition in core markets position the company for continued robust growth and market share gains.

CEO Compensation Analysis

How has Will Elliott's remuneration changed compared to CAR Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026AU$5mAU$2m

AU$314m

Mar 31 2026n/an/a

AU$304m

Dec 31 2025n/an/a

AU$295m

Sep 30 2025n/an/a

AU$285m

Jun 30 2025AU$2mAU$790k

AU$274m

Mar 31 2025n/an/a

AU$265m

Dec 31 2024n/an/a

AU$256m

Sep 30 2024n/an/a

AU$253m

Jun 30 2024AU$2mAU$743k

AU$250m

Mar 31 2024n/an/a

AU$298m

Dec 31 2023n/an/a

AU$346m

Sep 30 2023n/an/a

AU$496m

Jun 30 2023AU$1mAU$675k

AU$646m

Mar 31 2023n/an/a

AU$574m

Dec 31 2022n/an/a

AU$503m

Sep 30 2022n/an/a

AU$332m

Jun 30 2022AU$999kAU$539k

AU$161m

Mar 31 2022n/an/a

AU$153m

Dec 31 2021n/an/a

AU$144m

Sep 30 2021n/an/a

AU$137m

Jun 30 2021AU$815kAU$428k

AU$131m

Mar 31 2021n/an/a

AU$120m

Dec 31 2020n/an/a

AU$110m

Sep 30 2020n/an/a

AU$115m

Jun 30 2020AU$358kAU$135k

AU$120m

Compensation vs Market: Will's total compensation ($USD3.34M) is about average for companies of similar size in the Australian market ($USD2.81M).

Compensation vs Earnings: Will's compensation has increased by more than 20% in the past year.

CEO

Will Elliott

1yr
Tenure
AU$4,731,933
Compensation

Mr. William John Elliott, also known as Will, is CEO and MD of CAR Group Limited (formerly known as carsales.com Ltd) since August 15, 2025 and serves as its Director since August 18, 2025. He was the Chie...

Leadership Team

NamePositionTenureCompensationOwnership
William Elliott
MD, CEO & Director1yrAU$4.73m0.015%
A$ 1.7m
Walter Pisciotta
Co-Founder & Non Executive Directorno dataAU$158.21k2.3%
A$ 249.0m
Geoff Trumbull
Chief Financial Officerless than a yearAU$460.11kno data
Jason Blackman
Chief Information Officer9.4yrsno datano data
David McIndoe
Associate General Counselno datano datano data
Jo Allan
Chief People Officer8.7yrsno datano data
Ajay Bhatia
Chief Executive Officer of European Digital Marketplace Business9.4yrsAU$1.53mno data
Stephen Wong
Chief Strategy Officer4yrsno datano data
Craig Fraser
Managing Director of Carsales1.6yrsno datano data
Sangbeom Kim
Chief Executive Officer of Encar.comno datano datano data
Eduardo Jurcevic
Chief Executive Officer of Webmotors3.3yrsno datano data
David McMinn
Chief Executive Officer of Trader Interactive2.7yrsno datano data
3.3yrs
Average Tenure

Experienced Management: CAR's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
William Elliott
MD, CEO & Director1yrAU$4.73m0.015%
A$ 1.7m
Walter Pisciotta
Co-Founder & Non Executive Director30.2yrsAU$158.21k2.3%
A$ 249.0m
Patrick Redmond O'Sullivan
Independent Non-Executive Chairman19.2yrsAU$493.03k0.0093%
A$ 1.0m
Philippa Marlow
Independent Non-Executive Director2.5yrsAU$190.50k0.0014%
A$ 153.5k
Susan Massasso
Independent Non-Executive Director3.2yrsAU$210.07k0.0027%
A$ 293.0k
Edwina Gilbert
Independent Non-Executive Director10.3yrsAU$236.00k0.012%
A$ 1.3m
David Wiadrowski
Independent Non-Executive Director7.3yrsAU$230.62k0.0038%
A$ 414.1k
Kee Wong
Independent Non-Executive Director8.1yrsAU$219.85k0.0051%
A$ 554.7k
7.7yrs
Average Tenure
66yo
Average Age

Experienced Board: CAR's board of directors are considered experienced (7.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/14 08:52
End of Day Share Price 2026/08/14 00:00
Earnings2026/06/30
Annual Earnings2026/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

CAR Group Limited is covered by 27 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric ChoiBarrenjoey Markets Pty Limited
Michael ArdreyBell Potter
Sriharsh SinghBofA Global Research