Turners Automotive Group Valuation
Is TRA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of TRA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TRA (NZ$4.46) is trading below our estimate of fair value (NZ$5.21)
Significantly Below Fair Value: TRA is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TRA?
Other financial metrics that can be useful for relative valuation.
| What is TRA's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | NZ$397.59m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.8x |
| Enterprise Value/EBITDA | 12.7x |
| PEG Ratio | 1.4x |
Price to Earnings Ratio vs Peers
How does TRA's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 16.4x | ||
CMO Colonial Motor | 11.7x | n/a | NZ$266.5m |
2CC 2 Cheap Cars Group | 9.1x | n/a | NZ$35.5m |
KMD KMD Brands | 33.9x | 35.9% | NZ$391.4m |
HLG Hallenstein Glasson Holdings | 11.1x | 3.6% | NZ$347.8m |
TRA Turners Automotive Group | 11.6x | 8.0% | NZ$397.6m |
Price-To-Earnings vs Peers: TRA is good value based on its Price-To-Earnings Ratio (11.6x) compared to the peer average (16.4x).
Price to Earnings Ratio vs Industry
How does TRA's PE Ratio compare vs other companies in the Oceanian Specialty Retail Industry?
Price-To-Earnings vs Industry: TRA is good value based on its Price-To-Earnings Ratio (11.6x) compared to the Oceanic Specialty Retail industry average (13.6x).
Price to Earnings Ratio vs Fair Ratio
What is TRA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.6x |
| Fair PE Ratio | 9.5x |
Price-To-Earnings vs Fair Ratio: TRA is expensive based on its Price-To-Earnings Ratio (11.6x) compared to the estimated Fair Price-To-Earnings Ratio (9.5x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.