Eagers Automotive Limited engages in the ownership and operation of motor vehicle and truck dealerships in Australia and New Zealand. More Details
Mediocre balance sheet second-rate dividend payer.
Share Price & News
How has Eagers Automotive's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: APE's weekly volatility (6%) has been stable over the past year.
7 Day Return
AU Specialty Retail
1 Year Return
AU Specialty Retail
Return vs Industry: APE exceeded the Australian Specialty Retail industry which returned 84.7% over the past year.
Return vs Market: APE exceeded the Australian Market which returned 35.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Eagers Automotive's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Eagers Automotive (ASX:APE) Using Too Much Debt?
1 month ago | Simply Wall StWith A Return On Equity Of 21%, Has Eagers Automotive Limited's (ASX:APE) Management Done Well?
1 month ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of Eagers Automotive Limited (ASX:APE) Shares?
Is Eagers Automotive undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: APE (A$14.5) is trading above our estimate of fair value (A$9.06)
Significantly Below Fair Value: APE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: APE is poor value based on its PE Ratio (20.3x) compared to the Australian Specialty Retail industry average (17.9x).
PE vs Market: APE is poor value based on its PE Ratio (20.3x) compared to the Australian market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: APE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: APE is overvalued based on its PB Ratio (4.1x) compared to the AU Specialty Retail industry average (3.6x).
How is Eagers Automotive forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APE's earnings are forecast to decline over the next 3 years (-0.07% per year).
Earnings vs Market: APE's earnings are forecast to decline over the next 3 years (-0.07% per year).
High Growth Earnings: APE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: APE's revenue (5% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: APE's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APE's Return on Equity is forecast to be low in 3 years time (18.4%).
How has Eagers Automotive performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APE has a large one-off gain of A$91.1M impacting its December 31 2020 financial results.
Growing Profit Margin: APE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: APE's earnings have declined by 20.2% per year over the past 5 years.
Accelerating Growth: APE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: APE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (49.8%).
Return on Equity
High ROE: Whilst APE's Return on Equity (20.72%) is high, this metric is skewed due to their high level of debt.
How is Eagers Automotive's financial position?
Financial Position Analysis
Short Term Liabilities: APE's short term assets (A$1.6B) do not cover its short term liabilities (A$1.7B).
Long Term Liabilities: APE's short term assets (A$1.6B) exceed its long term liabilities (A$1.4B).
Debt to Equity History and Analysis
Debt Level: APE's debt to equity ratio (127.9%) is considered high.
Reducing Debt: APE's debt to equity ratio has increased from 87.8% to 127.9% over the past 5 years.
Debt Coverage: APE's debt is well covered by operating cash flow (44.6%).
Interest Coverage: APE's interest payments on its debt are well covered by EBIT (3.6x coverage).
What is Eagers Automotive current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APE's dividend (1.72%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.08%).
High Dividend: APE's dividend (1.72%) is low compared to the top 25% of dividend payers in the Australian market (5.21%).
Stability and Growth of Payments
Stable Dividend: APE's dividend payments have been volatile in the past 10 years.
Growing Dividend: APE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35%), APE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: APE's dividends in 3 years are forecast to be covered by earnings (64.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Keith Thomas Thornton, BEc, has been Chief Executive Officer at Eagers Automotive Limited (formerly known as A.P. Eagers Limited) since February 24, 2021 and had been its Chief Operating Officer of Car...
CEO Compensation Analysis
Compensation vs Market: Keith's total compensation ($USD1.16M) is below average for companies of similar size in the Australian market ($USD1.78M).
Compensation vs Earnings: Keith's compensation has been consistent with company performance over the past year.
Experienced Management: APE's management team is considered experienced (3 years average tenure).
Experienced Board: APE's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: APE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Eagers Automotive Limited's company bio, employee growth, exchange listings and data sources
- Name: Eagers Automotive Limited
- Ticker: APE
- Exchange: ASX
- Founded: 1913
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: AU$3.726b
- Shares outstanding: 256.93m
- Website: https://www.eagersautomotive.com.au
Number of Employees
- Eagers Automotive Limited
- 5 Edmund Street
Eagers Automotive Limited engages in the ownership and operation of motor vehicle and truck dealerships in Australia and New Zealand. It operates through four segments: Car Retailing, Truck Retailing, Prop...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 08:14|
|End of Day Share Price||2021/05/14 00:00|
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.