TrueCar Inc
NASDAQ:TRUE

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TrueCar Inc
NASDAQ:TRUE
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Price: 4.07 USD -1.21% Market Closed
Market Cap: 353.9m USD
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Gross Margin
TrueCar Inc

87.3%
Current
90%
Average
44.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
87.3%
=
Gross Profit
148.9m
/
Revenue
170.7m

Gross Margin Across Competitors

Country US
Market Cap 360.2m USD
Gross Margin
87%
Country US
Market Cap 2.1T USD
Gross Margin
58%
Country US
Market Cap 1.4T USD
Gross Margin
82%
Country CN
Market Cap 3.7T HKD
Gross Margin
52%
Country JP
Market Cap 35.3B EUR
Gross Margin
72%
Country CN
Market Cap 29.7B USD
Gross Margin
52%
Country CN
Market Cap 223.4B HKD
Gross Margin
54%
Country CN
Market Cap 22B USD
Gross Margin
14%
Country AU
Market Cap 32.7B AUD
Gross Margin
85%
Country KR
Market Cap 28.7T KRW
Gross Margin
0%
Country JP
Market Cap 3.1T JPY
Gross Margin
72%
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TrueCar Inc
Glance View

Market Cap
360.2m USD
Industry
Media

TrueCar, Inc. engages in the operation of data-driven online platform which provides dealers and automakers with automobile information. The company is headquartered in Santa Monica, California and currently employs 428 full-time employees. The company went IPO on 2014-05-16. The firm offers a software ecosystem on a technology infrastructure, powered by data and analytics. The firm enables its users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar-certified dealers. The company also allows automobile manufacturers to connect with TrueCar users during the purchase process and deliver incentives to consumers. TrueCar Certified Dealers operate in all 50 states and the District of Columbia. The company provides trade and payment as part of its Access and TrueCar+ offerings. The company provides information to consumers in the form of verified owner ratings and reviews, data-driven vehicle rankings, editorial content, and in other formats that allow consumers to research, compare, and discover the vehicle based on their preferences. The company provides consumers with access to search for pre-owned vehicles for sale by Certified Dealers across the United States.

TRUE Intrinsic Value
2.05 USD
Overvaluation 50%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
87.3%
=
Gross Profit
148.9m
/
Revenue
170.7m
What is the Gross Margin of TrueCar Inc?

Based on TrueCar Inc's most recent financial statements, the company has Gross Margin of 87.3%.