Carsales.Com Ltd

Chart & Performance

D1W1MN

P/E

56.51

P/S

12.86

EPS

0.66

Div Yield, %

1.75%

Shrs. gr., 5y

7.98%

Rev. gr., 5y

21.35%

Revenues

1.10b

+40.64%

Net income

250m

-61.28%

CFO

416m

+63.61%

Dividend

Sep 13, 20240.385 AUD/sh

Earnings

Feb 10, 2025

Profile

carsales.com Ltd operates online automotive, motorcycle, and marine classifieds business in Australia, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, Argentina, and Mexico. The company operates in Online Advertising Services; Data, Research and Services; Latin America; and Asia segments. The Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; and products, including subscriptions, lead fees, listing fees, and priority placement services. It also provides display advertising services, such as placing advertisements on carsales network websites for corporate customers comprising automotive manufacturers and finance companies. In addition, this segment holds investments in tyresales.com.au, an online tire retailer; and RedBook Inspect, which provides inspection services published online as part of classified advertisements. The Data, Research and Services segment offers software as a service, research and reporting, valuation, appraisals, and website development and hosting services, as well as photography services. The Latin America segment provides online automotive classifieds and display advertising services. The Asia segment provides digital automotive classifieds, display advertising, and automotive data services. carsales.com Ltd was incorporated in 1996 and is headquartered in Melbourne, Australia.

URL

https://www.carsales.com.au/

IPO date

Sep 10, 2009

Employees

1,800

Domiciled in

Incorporated in

Valuation

Order:

Title AUD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title AUD in thousands, except ratios and share amounts	2024‑06	2023‑06	2022‑06	2021‑06	2020‑06	2019‑06	2018‑06	2017‑06	2016‑06	2015‑06
Income
Revenues	1,098,724 40.64%	781,236 53.46%	509,077 19.18%
Cost of revenue	685,642	487,891	285,983
Unusual Expense (Income)
NOPBT	413,082	293,345	223,094
NOPBT Margin	37.60%	37.55%	43.82%
Operating Taxes	83,626	51,377	62,016
Tax Rate	20.24%	17.51%	27.80%
NOPAT	329,456	241,968	161,078
Net income	249,972 -61.28%	645,617 301.46%	160,816 23.04%
Dividends	(246,544)	(186,151)	(125,677)
Dividend yield	1.85%	2.19%	2.40%
Proceeds from repurchase of equity	682	1,686,587	(2,906)
BB yield	-0.01%	-19.86%	0.06%
Debt
Debt current	46,100	37,271	8,174
Long-term debt	1,332,433	1,264,597	705,996
Deferred revenue	(12,859)	59,299	56,370
Other long-term liabilities	49,616	14,802	7,051
Net debt	1,047,508	1,056,525	(371,794)
Cash flow
Cash from operating activities	416,185	254,383	193,945
CAPEX	(11,531)	(87,006)	(48,273)
Cash from investing activities	(137,611)	(1,567,186)	(831,534)
Cash from financing activities	(190,622)	1,373,485	472,265
FCF	348,404	230,190	157,749
Balance
Cash	308,309	198,709	117,452
Long term investments	22,716	46,634	968,512
Excess cash	276,089	206,281	1,060,510
Stockholders' equity	2,936,182	3,124,629	1,013,409
Invested Capital	4,047,916	4,175,719	681,006
ROIC	8.01%	9.96%	24.35%
ROCE	9.26%	6.48%	13.05%
EV
Common stock shares outstanding	377,685	356,525	285,162
Price	35.25 47.98%	23.82 29.53%	18.39 -6.93%
Market cap	13,313,386 56.77%	8,492,434 61.94%	5,244,136 2.82%
EV	14,412,554	9,604,580	4,874,191
EBITDA	567,889	400,363	269,785
EV/EBITDA	25.38	23.99	18.07
Interest	86,018	55,947	17,720
Interest/NOPBT	20.82%	19.07%	7.94%