Penske Automotive Group
Market Cap
US$5.2b
Last Updated
2021/01/25 23:54 UTC
Data Sources
Company Financials +
Executive Summary
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value average dividend payer.
Similar Companies
Share Price & News
How has Penske Automotive Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PAG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PAG's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.4%
PAG
-0.09%
US Specialty Retail
2.6%
US Market
1 Year Return
33.1%
PAG
36.1%
US Specialty Retail
26.0%
US Market
Return vs Industry: PAG underperformed the US Specialty Retail industry which returned 36.1% over the past year.
Return vs Market: PAG exceeded the US Market which returned 26% over the past year.
Shareholder returns
| PAG | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -0.09% | 2.6% |
| 30 Day | 11.2% | 6.1% | 5.1% |
| 90 Day | 21.1% | 19.5% | 17.1% |
| 1 Year | 35.2%33.1% | 37.3%36.1% | 28.9%26.0% |
| 3 Year | 30.2%20.3% | 73.3%66.0% | 46.3%36.6% |
| 5 Year | 130.7%101.2% | 109.8%94.1% | 126.9%101.6% |
Long-Term Price Volatility Vs. Market
How volatile is Penske Automotive Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's Why Penske Automotive Group (NYSE:PAG) Is Weighed Down By Its Debt Load2 weeks ago | Simply Wall St
Shareholders Of Penske Automotive Group (NYSE:PAG) Must Be Happy With Their 111% Total Return4 weeks ago | Simply Wall St
A Look At The Intrinsic Value Of Penske Automotive Group, Inc. (NYSE:PAG)Valuation
Is Penske Automotive Group undervalued compared to its fair value and its price relative to the market?
3.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PAG ($64.16) is trading below our estimate of fair value ($66.5)
Significantly Below Fair Value: PAG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PAG is good value based on its PE Ratio (11.6x) compared to the US Specialty Retail industry average (19.5x).
PE vs Market: PAG is good value based on its PE Ratio (11.6x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: PAG is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: PAG is good value based on its PB Ratio (1.7x) compared to the US Specialty Retail industry average (2.9x).
Next Steps
Future Growth
How is Penske Automotive Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
6.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAG's forecast earnings growth (6.3% per year) is above the savings rate (2%).
Earnings vs Market: PAG's earnings (6.3% per year) are forecast to grow slower than the US market (21.5% per year).
High Growth Earnings: PAG's earnings are forecast to grow, but not significantly.
Revenue vs Market: PAG's revenue (8.5% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: PAG's revenue (8.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PAG's Return on Equity is forecast to be low in 3 years time (16.4%).
Next Steps
Past Performance
How has Penske Automotive Group performed over the past 5 years?
5.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAG has high quality earnings.
Growing Profit Margin: PAG's current net profit margins (2.2%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: PAG's earnings have grown by 5.6% per year over the past 5 years.
Accelerating Growth: PAG's earnings growth over the past year (3%) is below its 5-year average (5.6% per year).
Earnings vs Industry: PAG earnings growth over the past year (3%) underperformed the Specialty Retail industry 15.3%.
Return on Equity
High ROE: PAG's Return on Equity (14.4%) is considered low.
Next Steps
Financial Health
How is Penske Automotive Group's financial position?
Financial Position Analysis
Short Term Liabilities: PAG's short term assets ($4.3B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: PAG's short term assets ($4.3B) do not cover its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: PAG's debt to equity ratio (156.7%) is considered high.
Reducing Debt: PAG's debt to equity ratio has reduced from 239.4% to 156.7% over the past 5 years.
Debt Coverage: PAG's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: PAG's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Penske Automotive Group current dividend yield, its reliability and sustainability?
2.62%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PAG's dividend (2.62%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: PAG's dividend (2.62%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: PAG's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.2%), PAG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PAG's dividends in 3 years are forecast to be well covered by earnings (25.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.8yrs
Average management tenure
CEO
Roger Penske (83 yo)
21.67yrs
Tenure
US$6,893,752
Compensation
Mr. Roger S. Penske, Sr., has been Chairman of the Board and President of Pennsylvania International Raceway, Inc. since 1986. He serves as Managing Director at Transportation Resource Partners III, L.P. H...
CEO Compensation Analysis
Compensation vs Market: Roger's total compensation ($USD6.89M) is about average for companies of similar size in the US market ($USD6.39M).
Compensation vs Earnings: Roger's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 21.67yrs | US$6.89m | 1.06% $ 54.4m | |
| President & Director | 14.67yrs | US$1.98m | 0.11% $ 5.9m | |
| Executive VP & CFO | 5.58yrs | US$1.47m | 0.036% $ 1.9m | |
| Executive VP | 13.08yrs | US$1.48m | 0.046% $ 2.4m | |
| Executive Vice President of Human Resources | 5.5yrs | US$1.42m | 0.048% $ 2.5m | |
| Executive VP of Strategic Relationship Management & Director | 2.08yrs | no data | no data | |
| Executive VP & Chief Information Officer | 5.67yrs | no data | no data | |
| Executive Vice President of Investor Relations & Corporate Development | no data | no data | no data | |
| Executive Vice President of Marketing | 0.42yr | no data | no data | |
| Executive Vice President of International Business Development | 16.58yrs | no data | no data | |
| Executive Vice President of Strategic Development | 18.08yrs | no data | no data | |
| Executive Vice President of Western Region Operations | 12.83yrs | no data | no data |
12.8yrs
Average Tenure
56.5yo
Average Age
Experienced Management: PAG's management team is seasoned and experienced (12.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 21.67yrs | US$6.89m | 1.06% $ 54.4m | |
| President & Director | 14.67yrs | US$1.98m | 0.11% $ 5.9m | |
| Executive VP of Strategic Relationship Management & Director | 2.08yrs | no data | no data | |
| Chairman of The Sytner Group | 6.33yrs | no data | no data | |
| Director | 27.08yrs | US$319.32k | 0.10% $ 5.4m | |
| Independent Director | 19.83yrs | US$320.21k | 0.074% $ 3.8m | |
| Director | 0.67yr | US$13.26k | 0.046% $ 2.4m | |
| Independent Director | 18.08yrs | US$359.35k | 0.020% $ 1.0m | |
| Independent Director | 3.42yrs | US$333.88k | 0% $ 0 | |
| Lead Independent Director | no data | US$340.47k | 0.13% $ 6.9m | |
| Independent Director | 16.08yrs | US$332.28k | 0.011% $ 572.6k | |
| Independent Director | 8.08yrs | US$325.69k | 0.039% $ 2.0m |
14.7yrs
Average Tenure
62.5yo
Average Age
Experienced Board: PAG's board of directors are seasoned and experienced ( 14.7 years average tenure).
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Penske Automotive Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Penske Automotive Group, Inc.
- Ticker: PAG
- Exchange: NYSE
- Founded: 1990
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: US$5.154b
- Shares outstanding: 80.34m
- Website: https://www.penskeautomotive.com
Number of Employees
Location
- Penske Automotive Group, Inc.
- 2555 Telegraph Road
- Bloomfield Hills
- Michigan
- 48302-0954
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UA9 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 1996 |
| PAG | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 1996 |
Biography
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. The company operates through four segments: Retail Automotive, Retail Com...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 23:54 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.