2 Cheap Cars Group Ltd
NZX:2CC

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2 Cheap Cars Group Ltd Logo
2 Cheap Cars Group Ltd
NZX:2CC
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Price: 0.8 NZD Market Closed
Market Cap: 36.4m NZD
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2 Cheap Cars Group Ltd
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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2 Cheap Cars Group Ltd
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
2 Cheap Cars Group Ltd
NZX:2CC
Net Income (Common)
NZ$6.2m
CAGR 3-Years
25%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Turners Automotive Group Ltd
NZX:TRA
Net Income (Common)
NZ$33.8m
CAGR 3-Years
4%
CAGR 5-Years
10%
CAGR 10-Years
11%
Colonial Motor Company Ltd
NZX:CMO
Net Income (Common)
NZ$4.5m
CAGR 3-Years
-43%
CAGR 5-Years
-27%
CAGR 10-Years
-13%
No Stocks Found

2 Cheap Cars Group Ltd
Glance View

Market Cap
36.4m NZD
Industry
Retail

NZ Automotive Investments Ltd. provides cars and financing solutions. The firm operates throughout New Zealand via two subsidiaries: Automotive Retail and Vehicle Finance. Its Automotive Retail segment operates under the 2 Cheap Cars brand and is engaged in used vehicle retailing business in New Zealand with approximately 12 dealerships across the country. Its Finance segment operates under the NZ Motor Finance brand. The company lends finance to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products. The Company’s subsidiaries include 2 Cheap Cars Limited, NZ Motor Finance Limited, 2CC International Limited, 2 Cheap Rental Cars Limited, and Car Plus K.K. 2 Cheap Cars Limited is primarily engaged in sale of vehicles and from agent commissions relating to the sale of third-party finance and insurance products.

2CC Intrinsic Value
1.33 NZD
Undervaluation 40%
Intrinsic Value
Price

See Also

What is 2 Cheap Cars Group Ltd's Net Income (Common)?
Net Income (Common)
6.2m NZD

Based on the financial report for Mar 31, 2024, 2 Cheap Cars Group Ltd's Net Income (Common) amounts to 6.2m NZD.

What is 2 Cheap Cars Group Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 3Y
25%

Over the last year, the Net Income (Common) growth was 383%. The average annual Net Income (Common) growth rates for 2 Cheap Cars Group Ltd have been 25% over the past three years .

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