2 Cheap Cars Group Ltd
NZX:2CC

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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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Operating Margin
2 Cheap Cars Group Ltd

8.4%
Current
9%
Average
3%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
8.4%
=
Operating Profit
7.3m
/
Revenue
86.9m

Operating Margin Across Competitors

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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 Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
8.4%
=
Operating Profit
7.3m
/
Revenue
86.9m
What is the Operating Margin of 2 Cheap Cars Group Ltd?

Based on 2 Cheap Cars Group Ltd's most recent financial statements, the company has Operating Margin of 8.4%.

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