- CAR Group’s adjusted net income for the fiscal year came in at A$344.0 million, slightly below the estimate of A$344.1 million.
- Reported net income was A$250.0 million, underperforming the estimate of A$281.8 million.
- Final dividend per share increased to A$0.385 from A$0.3250 year-over-year.
- Revenue from continuing operations matched expectations at A$1.10 billion.
- Analyst ratings include 8 buys, 6 holds, and 3 sells.
A look at CAR Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, CAR Group Limited has received a solid overall outlook based on various factors. With a strong Growth score of 5, the company is positioned well for long-term expansion and development in the digital vehicle marketplace. Additionally, the Momentum score of 4 indicates that CAR Group is benefitting from positive market trends and investor interest, pointing towards a promising future ahead.
While CAR Group scores moderately on Value, Dividend, and Resilience, its high ratings in Growth and Momentum suggest a positive trajectory for the company. As an operator of a digital vehicle marketplace serving a global customer base, CAR Group is well-positioned to capitalize on emerging opportunities in the automotive industry. Investors may find potential in the company’s growth prospects and market momentum as key drivers of long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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