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2 Cheap Cars Group (NZSE:2CC) EV-to-EBITDA : 3.50 (As of May. 16, 2024)


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What is 2 Cheap Cars Group EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, 2 Cheap Cars Group's enterprise value is NZ$36.84 Mil. 2 Cheap Cars Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$10.52 Mil. Therefore, 2 Cheap Cars Group's EV-to-EBITDA for today is 3.50.

The historical rank and industry rank for 2 Cheap Cars Group's EV-to-EBITDA or its related term are showing as below:

NZSE:2CC' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.26   Med: 5.42   Max: 7.64
Current: 3.5

During the past 3 years, the highest EV-to-EBITDA of 2 Cheap Cars Group was 7.64. The lowest was 2.26. And the median was 5.42.

NZSE:2CC's EV-to-EBITDA is ranked better than
86.13% of 1103 companies
in the Vehicles & Parts industry
Industry Median: 9.72 vs NZSE:2CC: 3.50

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-16), 2 Cheap Cars Group's stock price is NZ$0.78. 2 Cheap Cars Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$0.086. Therefore, 2 Cheap Cars Group's PE Ratio for today is 9.07.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


2 Cheap Cars Group EV-to-EBITDA Historical Data

The historical data trend for 2 Cheap Cars Group's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

2 Cheap Cars Group EV-to-EBITDA Chart

2 Cheap Cars Group Annual Data
Trend Mar21 Mar22 Mar23
EV-to-EBITDA
6.76 7.64 2.73

2 Cheap Cars Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
EV-to-EBITDA Get a 7-Day Free Trial - 7.64 - 2.73 -

Competitive Comparison of 2 Cheap Cars Group's EV-to-EBITDA

For the Auto & Truck Dealerships subindustry, 2 Cheap Cars Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


2 Cheap Cars Group's EV-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 2 Cheap Cars Group's EV-to-EBITDA falls into.



2 Cheap Cars Group EV-to-EBITDA Calculation

2 Cheap Cars Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=36.835/10.519
=3.50

2 Cheap Cars Group's current Enterprise Value is NZ$36.84 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 2 Cheap Cars Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$10.52 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


2 Cheap Cars Group  (NZSE:2CC) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

2 Cheap Cars Group's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.78/0.086
=9.07

2 Cheap Cars Group's share price for today is NZ$0.78.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 2 Cheap Cars Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$0.086.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


2 Cheap Cars Group EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of 2 Cheap Cars Group's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


2 Cheap Cars Group (NZSE:2CC) Business Description

Traded in Other Exchanges
N/A
Address
102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The 2 Cheap Cars Group draws revenue from the two divisions: automotive retail division, revenue is primarily from the sale of vehicles and from agent commissions relating to third-party finance and insurance products. NZ Motor Finance (NZMF) generates finance income from lending to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products.

2 Cheap Cars Group (NZSE:2CC) Headlines

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