Carsales.com Limited (CAR) - Research

$13.460 0.14 (1.05%)

CAR General Information +

ASX Code CAR
Website http://www.carsales.com.au
GICS Sub-Industry Interactive Media & Services
Market Cap ($M) 3,288
Current Price $13.460
Day High $13.520
Day Low $13.300
Last Close $13.320
Price Movement $0.14 ( 1.05% )
Prices as at 16:40, 18 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Carsales.com Limited (CAR)
BUY
below
HOLD
up to
SELL
above
Current Price
$13.460 as at 16:40, 18 Jun 2019

Price at review
$13.460 on 14 Feb 19

Max Portfolio Weighting

Business Risk

Share Price Risk

CAR Related Research

CAR Company Overview

Business Description

Carsales.com Limited (CAR) is an Australian business principally operating two business segments, being Online Advertising Services and Data Research Services. Currently, the automotive classified advertising is the main product of the Company.

CAR Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 154.25 63.64 17.10% 21.15 54.00 4.01% 100.0%
2019 F 131.67 54.33 7.10% 24.77 46.00 3.42% 100.0%
2018 A 122.90 50.71 5.20% 27.40 44.20 3.18% 100.0%

CAR Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Carsales.com (CAR) $3,255M 0.0984 -0.1140 0.2670 25.1843 28.4251 22.4356 3.32% 3.41% 3.68%
Domain Holdings (DHG) $1,878M 0.0000 0.0768 0.2009 50.4702 46.8705 39.0303 2.48% 1.86% 2.48%
REA Group (REA) $12,170M 0.1900 0.1232 0.1677 43.8871 39.0747 33.4625 1.18% 1.37% 1.62%

CAR Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.51 28.60 9.92 4.81
Market 0.88 17.10 1.49 1.65
Sector 0.94 15.90 1.49 1.58

CAR Directors

Name Position Start Date
Mr Steven Anthony Kloss Alternate Director 28 Oct 2005
Mr Cameron Lloyd McIntyre Chief Executive Officer, Managing Director 17 Mar 2017
Mr Walter James Pisciotta Non-Executive Director 25 Jun 1996
Ms Kim Elizabeth Anderson Non-Executive Director 16 Jun 2010
Ms Edwina Gilbert Non-Executive Director 27 Apr 2016
Mr David Stoddart Wiadrowski Non-Executive Director 23 May 2019
Mr Kee Wong Non-Executive Director 9 Jul 2018
Mr Patrick (Pat) Redmond Joseph O'Sullivan Non-Executive Director, Non-Executive Chairman 29 Jun 2007

CAR Management

Name Position
Andrew Demery Chief Financial Officer
Nicole Birman Company Secretary
Anthony Saines Managing Director - Commercial
Ajay Bhatia Managing Director - Consumer
Paul Barlow Managing Director - International

CAR Substantial Shareholders

Holding Name
13,386,553 (5.50%) Hyperion Asset Management Limited

CAR Calendar of Events

Date Event
12 February 2020 Report (Interim)
21 August 2019 Report (Annual)
21 August 2019 Report (Prelim)

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