TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. More Details
Flawless balance sheet and fair value.
Share Price & News
How has TrueCar's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRUE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: TRUE's weekly volatility (10%) has been stable over the past year.
7 Day Return
US Interactive Media and Services
1 Year Return
US Interactive Media and Services
Return vs Industry: TRUE underperformed the US Interactive Media and Services industry which returned 36.8% over the past year.
Return vs Market: TRUE underperformed the US Market which returned 19.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TrueCar's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StResults: TrueCar, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
2 weeks ago | Simply Wall StIs TrueCar, Inc. (NASDAQ:TRUE) Trading At A 44% Discount?
6 months ago | Simply Wall StThe Consensus EPS Estimates For TrueCar, Inc. (NASDAQ:TRUE) Just Fell A Lot
Is TrueCar 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: TRUE ($4.05) is trading below our estimate of fair value ($6.73)
Significantly Below Fair Value: TRUE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRUE is unprofitable, so we can't compare its PE Ratio to the US Interactive Media and Services industry average.
PE vs Market: TRUE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRUE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRUE is good value based on its PB Ratio (1.3x) compared to the US Interactive Media and Services industry average (3.2x).
How is TrueCar forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRUE is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: TRUE is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: TRUE is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: TRUE's revenue (0.1% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: TRUE's revenue (0.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TRUE is forecast to be unprofitable in 3 years.
How has TrueCar performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRUE is currently unprofitable.
Growing Profit Margin: TRUE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TRUE is unprofitable, but has reduced losses over the past 5 years at a rate of 8.7% per year.
Accelerating Growth: Unable to compare TRUE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TRUE is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (5%).
Return on Equity
High ROE: TRUE has a negative Return on Equity (-5.73%), as it is currently unprofitable.
How is TrueCar's financial position?
Financial Position Analysis
Short Term Liabilities: TRUE's short term assets ($259.8M) exceed its short term liabilities ($39.8M).
Long Term Liabilities: TRUE's short term assets ($259.8M) exceed its long term liabilities ($35.8M).
Debt to Equity History and Analysis
Debt Level: TRUE is debt free.
Reducing Debt: TRUE currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TRUE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TRUE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 55.7% per year.
What is TrueCar current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRUE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRUE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TRUE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRUE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRUE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Darrow (62 yo)
Mr. Michael D. Darrow, also known as Mike, has been President and Chief Executive Officer of TrueCar, Inc and serves as its Director since March 9, 2020. He was President at ALG, Inc., since January 15, 20...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD2.01M) is about average for companies of similar size in the US market ($USD1.79M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
|Principal Financial Officer||no data||US$1.34m||0.073% |
|Executive VP||4.83yrs||US$1.48m||0.35% |
|no data||US$10.29m||0.61% |
|Executive Vice President of Dealer Sales & Service||1.83yrs||US$1.82m||0.23% |
|Chief Operating Officer||no data||no data||no data|
|Chief Technology Officer||0.17yr||no data||no data|
|Senior VP of Investor Relations||no data||no data||no data|
|Senior Director of Public Relations||no data||no data||no data|
|Executive Vice President of People||1.33yrs||no data||no data|
|Senior Vice President of Dealer Sales||4.67yrs||no data||no data|
|Senior Vice President of Dealer Marketing & Operations||4.5yrs||no data||no data|
Experienced Management: TRUE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Independent Director||15.58yrs||US$225.00k||0.32% |
|Independent Director||3.5yrs||US$222.50k||0.038% |
|Independent Director||4yrs||US$225.00k||0.050% |
|Independent Chairman of the Board||4.75yrs||US$247.50k||0.12% |
|Independent Director||2.08yrs||US$210.00k||0.035% |
|Independent Director||4yrs||US$220.00k||0.050% |
|Director||0.25yr||no data||no data|
Experienced Board: TRUE's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TRUE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TrueCar, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: TrueCar, Inc.
- Ticker: TRUE
- Exchange: NasdaqGS
- Founded: 2005
- Industry: Interactive Media and Services
- Sector: Media
- Market Cap: US$421.581m
- Shares outstanding: 104.09m
- Website: https://www.truecar.com
Number of Employees
- TrueCar, Inc.
- 120 Broadway
- Suite 200
- Santa Monica
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRUE||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||May 2014|
|5TC||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2014|
TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its pl...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 23:24|
|End of Day Share Price||2020/11/25 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.