| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 1/6 |
NZA Stock Overview
NZ Automotive Investments Limited, through its subsidiaries, operates in the automotive retail and vehicle finance businesses in New Zealand.
NZ Automotive Investments Competitors
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Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$0.73 |
| 52 Week High | NZ$1.20 |
| 52 Week Low | NZ$0.73 |
| Beta | 0 |
| 1 Month Change | -6.41% |
| 3 Month Change | -18.89% |
| 1 Year Change | -30.48% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -43.85% |
Recent News & Updates
NZ Automotive Investments' (NZSE:NZA) Shareholders Have More To Worry About Than Only Soft Earnings
NZ Automotive Investments Limited's ( NZSE:NZA ) recent weak earnings report didn't cause a big stock movement. We...
Shareholder Returns
| NZA | NZ Specialty Retail | NZ Market | |
|---|---|---|---|
| 7D | 0% | -1.9% | 1.3% |
| 1Y | -30.5% | -12.8% | -12.2% |
Return vs Industry: NZA underperformed the NZ Specialty Retail industry which returned -12.8% over the past year.
Return vs Market: NZA underperformed the NZ Market which returned -12.2% over the past year.
Price Volatility
| NZA volatility | |
|---|---|
| NZA Average Weekly Movement | 3.3% |
| Specialty Retail Industry Average Movement | 3.4% |
| Market Average Movement | 4.1% |
| 10% most volatile stocks in NZ Market | 7.7% |
| 10% least volatile stocks in NZ Market | 2.8% |
Stable Share Price: NZA is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NZA's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 75 | David Page | https://www.nzautomotiveinvestments.co.nz |
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 | |
|---|---|
| Market Cap | NZ$36.34m |
| Earnings (TTM) | NZ$2.73m |
| Revenue (TTM) | NZ$66.52m |
13.3x
P/E Ratio0.5x
P/S RatioIs NZA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NZA income statement (TTM) | |
|---|---|
| Revenue | NZ$66.52m |
| Cost of Revenue | NZ$52.72m |
| Gross Profit | NZ$13.80m |
| Other Expenses | NZ$11.07m |
| Earnings | NZ$2.73m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.055 |
| Gross Margin | 20.74% |
| Net Profit Margin | 4.11% |
| Debt/Equity Ratio | 64.2% |
How did NZA perform over the long term?
See historical performance and comparisonDividends
4.4%
Current Dividend Yield147%
Payout RatioValuation
Is NZ Automotive Investments undervalued compared to its fair value and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
13.3x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NZA (NZ$0.73) is trading above our estimate of fair value (NZ$0.6)
Significantly Below Fair Value: NZA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NZA's Price-To-Earnings Ratio (13.3x) is in line with the NZ Specialty Retail industry average.
PE vs Market: NZA is good value based on its Price-To-Earnings Ratio (13.3x) compared to the NZ market (17.1x).
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 is overvalued based on its Price-To-Book Ratio (2.5x) compared to the NZ Specialty Retail industry average (2.1x).
Future Growth
How is NZ Automotive Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
3.4%
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.
Past Performance
How has NZ Automotive Investments performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-34.9%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: NZA has a high level of non-cash earnings.
Growing Profit Margin: NZA's current net profit margins (4.1%) are lower than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NZA's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: NZA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NZA had negative earnings growth (-34.9%) 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 (18.6%) is considered low.
Financial Health
How is NZ Automotive Investments's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NZA's short term assets (NZ$23.8M) exceed its short term liabilities (NZ$14.7M).
Long Term Liabilities: NZA's short term assets (NZ$23.8M) exceed its long term liabilities (NZ$4.6M).
Debt to Equity History and Analysis
Debt Level: NZA's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NZA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NZA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NZA's interest payments on its debt are well covered by EBIT (10.8x coverage).
Balance Sheet
Dividend
What is NZ Automotive Investments's current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.38%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NZA's dividend (4.38%) is higher than the bottom 25% of dividend payers in the NZ market (3.09%).
High Dividend: NZA's dividend (4.38%) is low compared to the top 25% of dividend payers in the NZ market (5.61%).
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.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (147%), NZA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NZA is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average board tenure
CEO
David Page
1.42yrs
Tenure
Mr. David Page is Chief Executive Officer of NZ Automotive Investments Limited from December 2020.
Board Members
Experienced Board: NZA's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.3%.
Top Shareholders
Company Information
NZ Automotive Investments Limited's employee growth, exchange listings and data sources
Key Information
- Name: NZ Automotive Investments Limited
- Ticker: NZA
- Exchange: NZSE
- Founded: 2016
- Industry: Automotive Retail
- Sector: Retail
- Implied Market Cap: NZ$36.345m
- Shares outstanding: 49.79m
- Website: https://www.nzautomotiveinvestments.co.nz
Number of Employees
Location
- NZ Automotive Investments Limited
- 17 Levene Place
- Mt Wellington
- Auckland
- 1060
- New Zealand
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/24 00:00 |
| End of Day Share Price | 2022/05/24 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.