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Morningstar

Eagers Automotive Ltd APE Stock Quote

Morningstar Rating

XASX: APE

Last close prices updated as of Jun 09, 2023, 4:10 PM EDT | AUD
  • Last Close 12.24
  • Sector Consumer Cyclical
  • Industry Auto & Truck Dealerships
  • Investment Style Mid Value
  • Day Range 12.24  –  12.33
  • Year Range 8.65  –  14.87
  • Market Cap 3.1252 Bil
  • Volume / Avg 225,564.0 /  448,288.3
  • Price / Sales 0.36
  • Price / Book 2.60
  • Forward Div Yield 5.80%
  • Trailing Div Yield 3.85%

Morningstar‘s Stock Analysis APE

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

We Expect Eagers' Elevated Profitability to Moderate as Vehicle Supply Returns

Angus Hewitt Equity Analyst

Business Strategy and Outlook

| Angus Hewitt |

We forecast that Eagers to continue to capture market share in the highly fragmented auto retailing segment. Following the merger with major player and former rival Automotive Holdings, we estimate Eagers now boasts a market share of about 11%. As the largest dealer in the market, Eagers can centralise back-office operations and fractionalise these fixed costs over a significantly larger volume and revenue base, affording a durable cost advantage over smaller peers. Accordingly, we estimate the company earns gross and net profit margins ahead of smaller competitors. We believe Eagers' extensive size and scale should allow it to deliver midcycle profit before tax margins of 3% to 4%.

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Key Statistics APE

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Company Profile APE

Business Description

Eagers Automotive is the largest automotive retailing group in the Australian market, with an estimated share of over 10% of new vehicle sales. The company offers a range of products and services, including the sale of new and used vehicles, vehicle repair services, and parts, among others. The company also facilitates vehicle financing through third-party providers. Additionally, Eagers operates a truck retailing business, offering a similar range of products and services.

Contact
56 Edmondstone Street, Bowen Hills, Fortitude Valley, P.O. Box 199
Brisbane, QLD, 4006, AUS
Sector Consumer Cyclical
Industry Auto & Truck Dealerships
Employees 7,000

Related Articles APE

Stock Analyst Update

Eagers’ Earnings Resilient While Consumers Are

We expect demand to wane as supply returns, however.
Angus Hewitt

Competitors & Peers APE

More on APE’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of APE’s competitive advantage.

Eagers Automotive Ltd

XASX: APE

Asbury Automotive Group Inc

XNYS: ABG

AutoNation Inc

XNYS: AN

Sonic Automotive Inc Class A

XNYS: SAH
Price
12.24226.26141.9745.76
Currency
AUDUSDUSDUSD
Change
−$0.03 (0.24%) −$4.64 (2.01%) −$3.26 (2.24%) −$0.93 (1.99%)
Market Cap
3.13 Bil4.87 Bil6.48 Bil1.62 Bil
Industry
Auto & Truck Dealerships Auto & Truck Dealerships Auto & Truck Dealerships Auto & Truck Dealerships
Sector
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Eagers Automotive Ltd Stock

Yes. APE has a forward dividend yield of 5.80%. See APE’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

APE’s market cap is 3.13 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

APE’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

APE’s price/sales is 0.36.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

APE’s price/forward earnings is 10.11.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

APE’s price/book is 2.60.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See APE’s valuation ratios compared to the Market Index.

APE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare APE’s historical performance against its industry peers and the overall market.