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carsales.com

OTCPK:CSSS.F
Snowflake Description

Average dividend payer with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CSSS.F
OTCPK
A$3B
Market Cap
  1. Home
  2. US
  3. Media
Company description

carsales.com Ltd engages in online automotive, motorcycle, and marine classifieds business primarily in Australia. The last earnings update was 6 days ago. More info.


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CSSS.F Share Price and Events
7 Day Returns
0%
OTCPK:CSSS.F
1%
US Interactive Media and Services
1.2%
US Market
1 Year Returns
-
OTCPK:CSSS.F
-5.1%
US Interactive Media and Services
0.9%
US Market
CSSS.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
carsales.com (CSSS.F) 0% 0% - - - -
US Interactive Media and Services 1% 6.4% 8.7% -5.1% 58.8% 77.6%
US Market 1.2% 6.6% 1.2% 0.9% 44.3% 41.3%
1 Year Return vs Industry and Market
  • No trading data on CSSS.F.
  • No trading data on CSSS.F.
Price Volatility
CSSS.F
Industry
5yr Volatility vs Market

Value

 Is carsales.com undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of carsales.com to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for carsales.com.

OTCPK:CSSS.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:CSSS.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.048 (1 + (1- 30%) (17.99%))
1.18
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.18
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.18 * 7.27%)
11.31%

Discounted Cash Flow Calculation for OTCPK:CSSS.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for carsales.com is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:CSSS.F DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (AUD, Millions) 131.33 155.00 161.00 158.00 169.00
Source Analyst x3 Analyst x3 Analyst x2 Analyst x1 Analyst x1
Present Value
Discounted (@ 11.31%)
117.99 125.11 116.75 102.93 98.92
Present value of next 5 years cash flows A$561.70
OTCPK:CSSS.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= A$169.00 × (1 + 2.73%) ÷ (11.31% – 2.73%)
A$2,024.10
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= A$2,024.10 ÷ (1 + 11.31%)5
A$1,184.71
OTCPK:CSSS.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= A$561.70 + A$1,184.71
A$1,746.41
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$1,746.41 / 243.77
A$5.05
OTCPK:CSSS.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:CSSS.F represents 0.70549x of ASX:CAR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.70549x
Value per Share
(Listing Adjusted, USD)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 7.16 x 0.70549
$5.05
Value per share (USD) From above. $5.05
Current discount Discount to share price of $8.48
= -1 x ($8.48 - $5.05) / $5.05
-67.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of carsales.com is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for carsales.com's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are carsales.com's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CSSS.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.56
ASX:CAR Share Price ** ASX (2018-11-21) in AUD A$12.02
United States of America Interactive Media and Services Industry PE Ratio Median Figure of 24 Publicly-Listed Interactive Media and Services Companies 24.38x
United States of America Market PE Ratio Median Figure of 3,045 Publicly-Listed Companies 16.97x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of carsales.com.

OTCPK:CSSS.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:CAR Share Price ÷ EPS (both in AUD)

= 12.02 ÷ 0.56

21.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • carsales.com is good value based on earnings compared to the US Interactive Media and Services industry average.
  • carsales.com is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does carsales.com's expected growth come at a high price?
Raw Data
OTCPK:CSSS.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
14.7%per year
United States of America Interactive Media and Services Industry PEG Ratio Median Figure of 23 Publicly-Listed Interactive Media and Services Companies 1.51x
United States of America Market PEG Ratio Median Figure of 2,115 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

OTCPK:CSSS.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 21.47x ÷ 14.7%

1.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • carsales.com is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on carsales.com's assets?
Raw Data
OTCPK:CSSS.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$1.17
ASX:CAR Share Price * ASX (2018-11-21) in AUD A$12.02
United States of America Interactive Media and Services Industry PB Ratio Median Figure of 53 Publicly-Listed Interactive Media and Services Companies 3.04x
United States of America Market PB Ratio Median Figure of 5,122 Publicly-Listed Companies 1.82x
OTCPK:CSSS.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CAR Share Price ÷ Book Value per Share (both in AUD)

= 12.02 ÷ 1.17

10.27x

* Primary Listing of carsales.com.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • carsales.com is overvalued based on assets compared to the US Interactive Media and Services industry average.
X
Value checks
We assess carsales.com's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Interactive Media and Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. carsales.com has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is carsales.com expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is carsales.com expected to grow at an attractive rate?
  • carsales.com's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • carsales.com's earnings growth is expected to exceed the United States of America market average.
  • carsales.com's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:CSSS.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:CSSS.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 14.7%
OTCPK:CSSS.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 6.8%
United States of America Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 12.3%
United States of America Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 14.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:CSSS.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CSSS.F Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 640 181 1
2022-06-30 602 167 1
2021-06-30 568 168 156 11
2020-06-30 528 158 142 13
2019-06-30 490 141 98 11
OTCPK:CSSS.F Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 478 132 135
2018-09-30 461 126 160
2018-06-30 444 119 185
2018-03-31 419 119 154
2017-12-31 394 119 123
2017-09-30 383 122 116
2017-06-30 372 125 109
2017-03-31 364 123 107
2016-12-31 355 121 105
2016-09-30 350 120 107
2016-06-30 344 120 109
2016-03-31 336 114 109

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • carsales.com's earnings are expected to grow by 14.7% yearly, however this is not considered high growth (20% yearly).
  • carsales.com's revenue is expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:CSSS.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from carsales.com Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CSSS.F Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30 0.75 0.75 0.75 1.00
2022-06-30 0.69 0.69 0.69 1.00
2021-06-30 0.64 0.70 0.60 5.00
2020-06-30 0.58 0.62 0.55 7.00
2019-06-30 0.41 0.54 0.32 7.00
OTCPK:CSSS.F Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.56
2018-09-30 0.66
2018-06-30 0.76
2018-03-31 0.64
2017-12-31 0.51
2017-09-30 0.48
2017-06-30 0.45
2017-03-31 0.44
2016-12-31 0.44
2016-09-30 0.44
2016-06-30 0.45
2016-03-31 0.45

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • carsales.com is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess carsales.com's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
carsales.com has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has carsales.com performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare carsales.com's growth in the last year to its industry (Interactive Media and Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • carsales.com's year on year earnings growth rate has been positive over the past 5 years.
  • carsales.com's 1-year earnings growth is less than its 5-year average (10.2% vs 11%)
  • carsales.com's earnings growth has not exceeded the US Interactive Media and Services industry average in the past year (10.2% vs 70.9%).
Earnings and Revenue History
carsales.com's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from carsales.com Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CSSS.F Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 478.48 135.36 166.66
2018-09-30 461.24 160.10 159.11
2018-06-30 444.01 184.84 151.56
2018-03-31 419.28 154.06 149.25
2017-12-31 394.11 122.86 143.35
2017-09-30 383.11 116.17 136.79
2017-06-30 372.11 109.48 130.24
2017-03-31 363.67 107.30 127.01
2016-12-31 355.23 105.12 123.79
2016-09-30 349.62 107.18 120.58
2016-06-30 344.01 109.25 117.37
2016-03-31 336.08 108.51 113.64
2015-12-31 328.16 107.78 109.90
2015-09-30 319.96 105.47 107.17
2015-06-30 311.76 103.17 104.44
2015-03-31 293.01 100.74 96.12
2014-12-31 274.25 98.31 87.80
2014-09-30 254.93 96.88 81.26
2014-06-30 235.60 95.46 74.72
2014-03-31 230.45 92.64 76.54
2013-12-31 225.30 89.82 78.36
2013-09-30 220.21 86.67 78.42
2013-06-30 215.12 83.52 78.48
2013-03-31 207.03 79.81 77.51
2012-12-31 198.94 76.10 76.55
2012-09-30 191.57 73.84 72.71
2012-06-30 184.21 71.59 68.88
2012-03-31 175.95 67.63 65.68

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst carsales.com made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • carsales.com used its assets more efficiently than the US Interactive Media and Services industry average last year based on Return on Assets.
  • carsales.com's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess carsales.com's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Interactive Media and Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
carsales.com has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is carsales.com's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up carsales.com's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • carsales.com is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • carsales.com's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of carsales.com's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from carsales.com Company Filings, last reported 1 month ago.

OTCPK:CSSS.F Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 291.92 527.08 108.11
2018-09-30 291.92 527.08 108.11
2018-06-30 335.82 454.76 65.06
2018-03-31 335.82 454.76 65.06
2017-12-31 271.16 206.59 32.42
2017-09-30 271.16 206.59 32.42
2017-06-30 277.16 193.05 39.80
2017-03-31 277.16 193.05 39.80
2016-12-31 262.72 222.19 44.06
2016-09-30 262.72 222.19 44.06
2016-06-30 260.37 226.91 28.71
2016-03-31 260.37 226.91 28.71
2015-12-31 230.13 231.93 31.85
2015-09-30 230.13 231.93 31.85
2015-06-30 229.51 214.37 26.82
2015-03-31 229.51 214.37 26.82
2014-12-31 205.78 234.48 33.96
2014-09-30 205.78 234.48 33.96
2014-06-30 187.38 174.68 26.04
2014-03-31 187.38 174.68 26.04
2013-12-31 169.53 63.50 25.51
2013-09-30 169.53 63.50 25.51
2013-06-30 152.51 54.53 15.14
2013-03-31 152.51 54.53 15.14
2012-12-31 129.56 0.00 41.10
2012-09-30 129.56 0.00 41.10
2012-06-30 128.39 0.00 40.94
2012-03-31 128.39 0.00 40.94
  • carsales.com's level of debt (180.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (38.1% vs 180.6% today).
  • Debt is well covered by operating cash flow (25%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 14.2x coverage).
X
Financial health checks
We assess carsales.com's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. carsales.com has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is carsales.com's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.68%
Current annual income from carsales.com dividends. Estimated to be 4.06% next year.
If you bought $2,000 of carsales.com shares you are expected to receive $74 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • carsales.com's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • carsales.com's dividend is above the markets top 25% of dividend payers in United States of America (3.59%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:CSSS.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 0.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1998 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:CSSS.F Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2023-06-30 0.57 1.00
2022-06-30 0.53 1.00
2021-06-30 0.53 12.00
2020-06-30 0.48 14.00
2019-06-30 0.44 12.00
OTCPK:CSSS.F Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-12 0.442 3.757
2018-08-21 0.442 3.486
2018-02-06 0.420 2.927
2017-08-08 0.402 2.888
2017-02-07 0.382 3.326
2016-08-08 0.390 3.436
2015-08-11 0.339 3.050
2014-08-12 0.321 3.111
2013-08-13 0.283 2.670
2013-02-13 0.259 2.770
2012-08-13 0.264 3.419
2012-02-14 0.226 4.002
2011-08-15 0.210 4.358
2011-02-23 0.177 3.676
2010-08-18 0.149 3.082
2010-02-24 0.144 2.862
2009-09-10 0.156 3.531

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, carsales.com has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but carsales.com only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of carsales.com's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess carsales.com's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can carsales.com afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. carsales.com has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of carsales.com's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Cameron McIntyre
COMPENSATION A$2,520,955
AGE 47
TENURE AS CEO 2.1 years
CEO Bio

Mr. Cameron McIntyre has been the Chief Executive Officer and Managing Director of carsales.com Ltd since March 17, 2017. Mr. McIntyre served as the Chief Operating Officer of carsales.com Ltd from October 26, 2014 to 2017. Mr. McIntyre served as the Chief Financial Officer and Secretary at carsales.com Ltd from May 2007 to October 26, 2014. Mr. McIntyre served as Joint Company Secretary of carsales.com.au Limited since July 7, 2007. He served as Finance Director at Sensis. He has over 25 years of finance and administration experience. He has been a Director of carsales.com Ltd since 2017. He served as a Non-Executive Director of iCarAsia Limited since April 26, 2013 until December 9, 2016. He has unparalleled knowledge of the business and significant experience in strategy and management. He holds Degree in Economics from La trobe University, Melbourne. Mr. Mcintyre graduated in General Management Program from Harvard Business School and is a Associate Fellow at Australian Institute of Management. He is a Certified Practicing Accountant (CPA).

CEO Compensation
  • Cameron's compensation has increased by more than 20% in the past year.
  • Cameron's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the carsales.com management team in years:

1.9
Average Tenure
  • The average tenure for the carsales.com management team is less than 2 years, this suggests a new team.
Management Team

Cameron McIntyre

TITLE
MD, CEO & Director
COMPENSATION
A$3M
AGE
47
TENURE
2.1 yrs

Wal Pisciotta

TITLE
Co-Founder & Non Executive Director
COMPENSATION
A$127K
AGE
68

Andrew Demery

TITLE
Chief Financial Officer
COMPENSATION
A$704K
TENURE
4.2 yrs

Ajay Bhatia

TITLE
Managing Director of Consumer Business
COMPENSATION
A$1M
TENURE
1.9 yrs

Paul Barlow

TITLE
Managing Director of International
COMPENSATION
A$993K
TENURE
1.9 yrs

Jason Blackman

TITLE
Chief Information Officer
TENURE
1.9 yrs

Nicole Birman

TITLE
General Counsel & Company Secretary
TENURE
4.3 yrs

Will Clarke

TITLE
Communications & PR Manager

Kellie Cordner

TITLE
Chief Marketing Officer
TENURE
1.9 yrs

Jo Allan

TITLE
Chief People Officer
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the carsales.com board of directors in years:

2.8
Average Tenure
56.5
Average Age
  • The average tenure for the carsales.com board of directors is less than 3 years, this suggests a new board.
Board of Directors

Pat O'Sullivan

TITLE
Chairman
COMPENSATION
A$180K
AGE
54
TENURE
0.3 yrs

Cameron McIntyre

TITLE
MD, CEO & Director
COMPENSATION
A$3M
AGE
47
TENURE
2.1 yrs

Wal Pisciotta

TITLE
Co-Founder & Non Executive Director
COMPENSATION
A$127K
AGE
68
TENURE
22.7 yrs

Kim Elizabeth Anderson

TITLE
Independent Non-Executive Director
COMPENSATION
A$180K
AGE
59
TENURE
8.7 yrs

Edwina Gilbert

TITLE
Non-Executive Director
COMPENSATION
A$152K
TENURE
2.8 yrs

Kee Wong

TITLE
Non-Executive Director
TENURE
0.6 yrs

Steve Kloss

TITLE
Alternate Non-Executive Director
COMPENSATION
A$46K
TENURE
13.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
18. Dec 18 Sell Pinnacle Investment Management Limited Company 05. Dec 18 05. Dec 18 -39,090 $8.60 $-335,996
18. Dec 18 Buy Pinnacle Investment Management Limited Company 05. Dec 18 12. Dec 18 2,680,410 $8.09 $21,682,158
07. Dec 18 Sell Pinnacle Investment Management Limited Company 14. Mar 18 30. Nov 18 -1,244,438 $10.45 $-13,004,558
07. Dec 18 Buy Pinnacle Investment Management Limited Company 22. May 18 05. Dec 18 4,980,699 $8.79 $43,775,807
12. Nov 18 Sell Richard Collins Individual 06. Nov 18 07. Nov 18 -98,000 $8.77 $-852,545
02. Nov 18 Buy Patrick Redmond O'Sullivan Individual 02. Nov 18 02. Nov 18 8,268 $8.70 $71,909
02. Sep 18 Buy Kee Wong Individual 29. Aug 18 29. Aug 18 6,900 $10.91 $75,312
12. Mar 18 Buy Pinnacle Investment Management Limited Company 01. Nov 17 09. Mar 18 2,997,759 $12.03 $36,064,327
20. Feb 18 Buy Hyperion Asset Management Limited Company 28. Feb 17 16. Feb 18 170,206 $12.13 $1,957,545
X
Management checks
We assess carsales.com's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. carsales.com has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Map
Description

carsales.com Ltd engages in online automotive, motorcycle, and marine classifieds business primarily in Australia. The company operates in five segments: Online Advertising Services; Data, Research and Services; Latin America; Asia; and Finance and Related Services. The Online Advertising Services segment provides classified advertising that allows dealers and consumers to advertise automotive and non-automotive goods and services for sale across the carsales network; and services, including subscriptions, lead fees, and priority placement services in automotive and non-automotive Websites. It also offers display advertising services, such as placing advertisements on carsales network Websites for corporate customers comprising automotive manufacturers/importers, finance and insurance companies, etc. In addition, this segment holds investments in tyresales.com.au, an online tire advertisement Website that allows consumers to transact and purchase tires; and RedBook Inspect, which provides inspection services published online as part of classified advertisements. The Data, Research and Services segment offers software, analysis, research and reporting, valuation services, and Website development and hosting, as well as photography services to manufacturers/importers, dealers, industry bodies, and finance and insurance companies. The Latin America segment is involved in the online automotive classifieds activities. The Asia segment provides online automotive classifieds and automotive data services. The Finance and Related Services segment offers finance arrangements for vehicles, boats, and other leisure items; vehicle procurement; and other related services to customers. carsales.com Ltd was founded in 1997 and is headquartered in Richmond, Australia.

Details
Name: carsales.com Ltd
CSSS.F
Exchange: OTCPK
Founded: 1997
A$2,087,407,021
243,768,156
Website: http://www.carsales.com.au
Address: carsales.com Ltd
449 Punt Road,
Level 4,
Richmond,
Victoria, 3121,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CAR Ordinary Shares Australian Securities Exchange AU AUD 10. Sep 2009
OTCPK CSSS.F Ordinary Shares Pink Sheets LLC US USD 10. Sep 2009
DB WN6 Ordinary Shares Deutsche Boerse AG DE EUR 10. Sep 2009
CHIA CAR Ordinary Shares Chi-X Australia AU AUD 10. Sep 2009
OTCPK CSXX.Y UNSPONSOD ADR Pink Sheets LLC US USD 08. Feb 2012
Number of employees
Current staff
Staff numbers
0
carsales.com employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/18 03:46
End of day share price update: 2018/11/21 00:00
Last estimates confirmation: 2019/02/17
Last earnings filing: 2019/02/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.