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: 0.82 NZD 2.5% Market Closed
Market Cap: 37.4m NZD
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Gross Margin
2 Cheap Cars Group Ltd

22.3%
Current
22%
Average
32.9%
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
22.3%
=
Gross Profit
19.4m
/
Revenue
86.9m

Gross Margin Across Competitors

No Stocks Found

2 Cheap Cars Group Ltd
Glance View

Market Cap
37.4m 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 38%
Intrinsic Value
Price
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
22.3%
=
Gross Profit
19.4m
/
Revenue
86.9m
What is the Gross Margin of 2 Cheap Cars Group Ltd?

Based on 2 Cheap Cars Group Ltd's most recent financial statements, the company has Gross Margin of 22.3%.

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