About
About carsales.com Ltd
CAR Group Limited engages in the online vehicle marketplace business in Australia, New Zealand, Brazil, South Korea, Malaysia, Thailand, Chile, China, Canada, North America, North America., and internationally. It offers advertising services that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements for corporate customers comprising automotive manufacturers and finance companies. The company also provides software as a service, research and reporting, valuation, appraisals, and website development and hosting services, as well as photography services. In addition, it offers vehicle inspection services; operates digital automotive and non-automotive marketplaces; and offers automotive data and advertising services. In addition, it is involved in the inspection services; early-stage investments and AI development; online vehicle classified activities. The company was formerly known as carsales.com Ltd and changed its name to CAR Group Limited in November 2023. CAR Group Limited was incorporated in 1996 and is headquartered in Richmond, Australia.
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5 years, 5 months ago
carsales.com Ltd is currently in a long term uptrend where the price is trading 6.7% above its 200 day moving average.
From a valuation standpoint, the stock is 94.1% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 12.0.
carsales.com Ltd's total revenue sank by 7.1% to $199M since the same quarter in the previous year.
Its net income has dropped by 8.3% to $61M since the same quarter in the previous year.
Finally, its free cash flow grew by 78.1% to $46M since the same quarter in the previous year.
Based on the above factors, carsales.com Ltd gets an overall score of 3/5.