NZ Automotive Investments Limited, through its subsidiaries, operates in the automotive retail and vehicle finance businesses in New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$0.83|
|52 Week High||NZ$0.82|
|52 Week Low||NZ$1.30|
|1 Month Change||-7.78%|
|3 Month Change||-28.45%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-36.15%|
Recent News & Updates
|NZA||NZ Specialty Retail||NZ Market|
Return vs Industry: Insufficient data to determine how NZA performed against the NZ Specialty Retail industry.
Return vs Market: Insufficient data to determine how NZA performed against the NZ Market.
Stable Share Price: NZA is more volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: Insufficient data to determine NZA's volatility change over the past year.
About the Company
NZ Automotive Investments Limited, through its subsidiaries, operates in the automotive retail and vehicle finance businesses in New Zealand. It sells used vehicles through 12 dealerships operated under the 2 Cheap Cars brand in New Zealand; and offers secured car loans under the NZ Motor Finance brand. The company was formerly known as 2CC Holdings Limited and changed its name to NZ Automotive Investments Limited in November 2020.
NZ Automotive Investments Fundamentals Summary
|NZA fundamental statistics|
Is NZA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NZA income statement (TTM)|
|Cost of Revenue||NZ$52.32m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.064|
|Net Profit Margin||4.88%|
How did NZA perform over the long term?See historical performance and comparison
6.0%Current Dividend Yield
Is NZ Automotive Investments undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NZA (NZ$0.83) is trading below our estimate of fair value (NZ$1.99)
Significantly Below Fair Value: NZA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NZA is good value based on its PE Ratio (12.9x) compared to the NZ Specialty Retail industry average (14.1x).
PE vs Market: NZA is good value based on its PE Ratio (12.9x) compared to the NZ market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NZA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NZA's PB Ratio (2.6x) is in line with the NZ Specialty Retail industry average.
How is NZ Automotive Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Retail industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NZ Automotive Investments has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has NZ Automotive Investments performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: NZA has high quality earnings.
Growing Profit Margin: NZA's current net profit margins (4.9%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if NZA's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare NZA's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: NZA had negative earnings growth (-23.9%) over the past year, making it difficult to compare to the Specialty Retail industry average (20%).
Return on Equity
High ROE: NZA's Return on Equity (20.5%) is considered high.
How is NZ Automotive Investments's financial position?
Financial Position Analysis
Short Term Liabilities: NZA's short term assets (NZ$24.3M) exceed its short term liabilities (NZ$13.8M).
Long Term Liabilities: NZA's short term assets (NZ$24.3M) exceed its long term liabilities (NZ$5.0M).
Debt to Equity History and Analysis
Debt Level: NZA's debt to equity ratio (53.9%) is considered high.
Reducing Debt: Insufficient data to determine if NZA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NZA's debt is well covered by operating cash flow (67.7%).
Interest Coverage: NZA's interest payments on its debt are well covered by EBIT (13x coverage).
What is NZ Automotive Investments's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NZA's dividend (6.02%) is higher than the bottom 25% of dividend payers in the NZ market (2.41%).
High Dividend: NZA's dividend (6.02%) is in the top 25% of dividend payers in the NZ market (4.9%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether NZA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NZA's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.2%), NZA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. David Page is Chief Executive Officer of NZ Automotive Investments Limited from December 2020.
Experienced Board: NZA's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NZA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: NZA only recently listed within the past 12 months.
NZ Automotive Investments Limited's employee growth, exchange listings and data sources
- Name: NZ Automotive Investments Limited
- Ticker: NZA
- Exchange: NZSE
- Founded: 2016
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: NZ$41.324m
- Shares outstanding: 49.79m
- Website: https://www.nzautomotiveinvestments.co.nz
Number of Employees
- NZ Automotive Investments Limited
- 17 Levene Place
- Mt Wellington
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 06:01|
|End of Day Share Price||2021/10/22 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.