2CC Stock Overview
Engages in used automotive vehicle retailer and vehicle finance businesses in New Zealand.
Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 0/6 |
Past Performance | 6/6 |
Financial Health | 5/6 |
Dividends | 4/6 |
2 Cheap Cars Group Limited Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | NZ$0.86 |
52 Week High | NZ$0.93 |
52 Week Low | NZ$0.49 |
Beta | 0.078 |
11 Month Change | -1.15% |
3 Month Change | 3.61% |
1 Year Change | 72.00% |
33 Year Change | -25.22% |
5 Year Change | n/a |
Change since IPO | -33.85% |
Recent News & Updates
Recent updates
Returns On Capital At 2 Cheap Cars Group (NZSE:2CC) Paint A Concerning Picture
Aug 23Investors Could Be Concerned With NZ Automotive Investments' (NZSE:NZA) Returns On Capital
Apr 12Here's What's Concerning About NZ Automotive Investments' (NZSE:NZA) Returns On Capital
Jul 19NZ Automotive Investments (NZSE:NZA) Has Announced That Its Dividend Will Be Reduced To NZ$0.0063
Jun 01NZ Automotive Investments' (NZSE:NZA) Shareholders Have More To Worry About Than Only Soft Earnings
Dec 09Shareholder Returns
2CC | NZ Specialty Retail | NZ Market | |
---|---|---|---|
7D | -4.4% | -0.9% | -0.5% |
1Y | 72.0% | -9.8% | 3.3% |
Return vs Industry: 2CC exceeded the NZ Specialty Retail industry which returned -9.8% over the past year.
Return vs Market: 2CC exceeded the NZ Market which returned 3.3% over the past year.
Price Volatility
2CC volatility | |
---|---|
2CC Average Weekly Movement | 4.0% |
Specialty Retail Industry Average Movement | 4.0% |
Market Average Movement | 4.7% |
10% most volatile stocks in NZ Market | 10.0% |
10% least volatile stocks in NZ Market | 3.2% |
Stable Share Price: 2CC has not had significant price volatility in the past 3 months.
Volatility Over Time: 2CC's weekly volatility (4%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2011 | n/a | David Sena | www.2cheapcars.co.nz |
2 Cheap Cars Group Limited engages in used automotive vehicle retailer and vehicle finance businesses in New Zealand. It sells used vehicles through various dealerships under the 2 Cheap Cars brand name. The company was formerly known as NZ Automotive Investments Limited and changed its name to 2 Cheap Cars Group Limited in June 2023. 2 Cheap Cars Group Limited was founded in 2011 and is headquartered in Auckland, New Zealand.
2 Cheap Cars Group Limited Fundamentals Summary
2CC fundamental statistics | |
---|---|
Market cap | NZ$39.18m |
Earnings (TTM) | NZ$6.24m |
Revenue (TTM) | NZ$86.78m |
6.3x
P/E Ratio0.5x
P/S RatioIs 2CC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
2CC income statement (TTM) | |
---|---|
Revenue | NZ$86.78m |
Cost of Revenue | NZ$66.81m |
Gross Profit | NZ$19.97m |
Other Expenses | NZ$13.73m |
Earnings | NZ$6.24m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
Earnings per share (EPS) | 0.14 |
Gross Margin | 23.01% |
Net Profit Margin | 7.19% |
Debt/Equity Ratio | 7.4% |
How did 2CC perform over the long term?
See historical performance and comparison