ACV Auctions Inc
NASDAQ:ACVA

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ACV Auctions Inc
NASDAQ:ACVA
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Price: 21.3488 USD -0.33%
Market Cap: 3.6B USD
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ACV Auctions Inc
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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ACV Auctions Inc
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
ACV Auctions Inc
NASDAQ:ACVA
Net Income (Common)
-$76.8m
CAGR 3-Years
-6%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
KAR Auction Services Inc
NYSE:KAR
Net Income (Common)
$21.4m
CAGR 3-Years
178%
CAGR 5-Years
-38%
CAGR 10-Years
-14%
UniFirst Corp
NYSE:UNF
Net Income (Common)
$145.5m
CAGR 3-Years
-1%
CAGR 5-Years
-4%
CAGR 10-Years
2%
Driven Brands Holdings Inc
NASDAQ:DRVN
Net Income (Common)
-$745m
CAGR 3-Years
-462%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Copart Inc
NASDAQ:CPRT
Net Income (Common)
$1.4B
CAGR 3-Years
12%
CAGR 5-Years
15%
CAGR 10-Years
22%
Cintas Corp
NASDAQ:CTAS
Net Income (Common)
$2B
CAGR 3-Years
21%
CAGR 5-Years
17%
CAGR 10-Years
17%
No Stocks Found

ACV Auctions Inc
Glance View

Market Cap
3.6B USD
Industry
Commercial Services & Supplies

In the ever-evolving landscape of automotive commerce, ACV Auctions Inc. has carved out a distinct niche by transforming the way dealers buy and sell used vehicles. Founded in 2014, ACV Auctions emerged to tackle inefficiencies within the traditional auction model. It recognized the frustrations dealers faced with the time-consuming and often opaque physical auctions. By leveraging digital technology, ACV developed an online platform that facilitates real-time, 20-minute auctions. Sellers can upload detailed vehicle information and inspection reports, ensuring transparency and enabling buyers to make informed decisions quickly. The process significantly reduces the time vehicles spend in inventory, allowing sellers to receive faster payments while buyers gain access to a broader array of options. The company's business model thrives on the fundamental concept of efficiency. Revenue is generated primarily through transaction fees levied on each vehicle sold on the platform, combined with ancillary services like transportation and floorplan financing. By enabling seamless transactions and offering value-added services, ACV Auctions streamlines the supply chain between wholesale automotive sellers and buyers. This digital transformation not only ensures a faster turnaround but also infuses the market with greater trust and competitiveness, marking ACV Auctions as a disruptive force within the used car industry. The success of this model is evidenced by the company's rapid growth and its role in reshaping how dealers perceive vehicle sourcing and inventory management.

ACVA Intrinsic Value
16.167 USD
Overvaluation 24%
Intrinsic Value
Price

See Also

What is ACV Auctions Inc's Net Income (Common)?
Net Income (Common)
-76.8m USD

Based on the financial report for Sep 30, 2024, ACV Auctions Inc's Net Income (Common) amounts to -76.8m USD.

What is ACV Auctions Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 3Y
-6%

Over the last year, the Net Income (Common) growth was 0%. The average annual Net Income (Common) growth rates for ACV Auctions Inc have been -6% over the past three years .

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