2 Cheap Cars Group Ltd
NZX:2CC

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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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Relative Value

The Relative Value of one 2CC stock under the Base Case scenario is 1.31 NZD. Compared to the current market price of 0.8 NZD, 2 Cheap Cars Group Ltd is Undervalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

2CC Relative Value
Base Case
1.31 NZD
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
31
vs Industry
49
Median 3Y
0
Median 5Y
0
Industry
0.6
vs History
18
vs Industry
56
Median 3Y
0
Median 5Y
0
Industry
16.9
vs History
6
vs Industry
46
Median 3Y
1.1
Median 5Y
0
Industry
8
vs History
6
vs Industry
42
Median 3Y
7.5
Median 5Y
0
Industry
15.7
vs History
41
vs Industry
34
Median 3Y
1.7
Median 5Y
1.4
Industry
1.6
vs History
29
vs Industry
53
Median 3Y
0
Median 5Y
0
Industry
0.7
vs History
25
vs Industry
46
Median 3Y
0
Median 5Y
0
Industry
2.3
vs History
18
vs Industry
56
Median 3Y
0
Median 5Y
0
Industry
8.6
vs History
18
vs Industry
59
Median 3Y
0
Median 5Y
0
Industry
12.9
vs History
6
vs Industry
49
Median 3Y
1.3
Median 5Y
0
Industry
9.2
vs History
6
vs Industry
47
Median 3Y
1.3
Median 5Y
0
Industry
12.9
vs History
31
vs Industry
28
Median 3Y
1.2
Median 5Y
0.9
Industry
1.1

Multiples Across Competitors

2CC Competitors Multiples
2 Cheap Cars Group Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
2 Cheap Cars Group Ltd
NZX:2CC
36.4m NZD 0.4 7.7 5.3 5.3
US
O'Reilly Automotive Inc
NASDAQ:ORLY
69.7B USD 4.2 29.2 20.4 23.2
US
Autozone Inc
NYSE:AZO
55.9B USD 3 21.2 15 17.2
US
Carvana Co
NYSE:CVNA
40.9B USD 3.3 2 403.2 54.1 86.2
ZA
Motus Holdings Ltd
JSE:MTH
19.5B Zac 0 0 0 0
US
Carmax Inc
NYSE:KMX
12.6B USD 0.5 27.4 68.3 188.2
US
Penske Automotive Group Inc
NYSE:PAG
10.2B USD 0.3 11.7 11 12.3
ZA
Super Group Ltd
JSE:SPG
10.2B Zac 0 0 0 0
TW
Hotai Motor Co Ltd
TWSE:2207
333.1B TWD 1.4 16.3 27 73
US
Murphy Usa Inc
NYSE:MUSA
10B USD 0.5 19.6 11.8 15.4
US
Lithia Motors Inc
NYSE:LAD
9.3B USD 0.3 11.6 12.2 14.4
P/E Multiple
Earnings Growth PEG
NZ
2 Cheap Cars Group Ltd
NZX:2CC
Average P/E: 283.1
7.7
N/A N/A
US
O'Reilly Automotive Inc
NASDAQ:ORLY
29.2
8%
3.7
US
Autozone Inc
NYSE:AZO
21.2
7%
3
US
Carvana Co
NYSE:CVNA
2 403.2
27%
89
ZA
M
Motus Holdings Ltd
JSE:MTH
Not Available
18%
N/A
US
Carmax Inc
NYSE:KMX
27.4
17%
1.6
US
Penske Automotive Group Inc
NYSE:PAG
11.7
-3%
N/A
ZA
S
Super Group Ltd
JSE:SPG
Not Available
3%
N/A
TW
Hotai Motor Co Ltd
TWSE:2207
16.3
0%
N/A
US
Murphy Usa Inc
NYSE:MUSA
19.6
3%
6.5
US
Lithia Motors Inc
NYSE:LAD
11.6
4%
2.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NZ
2 Cheap Cars Group Ltd
NZX:2CC
Average EV/EBITDA: 25
5.3
N/A N/A
US
O'Reilly Automotive Inc
NASDAQ:ORLY
20.4
6%
3.4
US
Autozone Inc
NYSE:AZO
15
5%
3
US
Carvana Co
NYSE:CVNA
54.1
96%
0.6
ZA
M
Motus Holdings Ltd
JSE:MTH
Not Available
21%
N/A
US
Carmax Inc
NYSE:KMX
68.3
36%
1.9
US
Penske Automotive Group Inc
NYSE:PAG
11
-1%
N/A
ZA
S
Super Group Ltd
JSE:SPG
Not Available
2%
N/A
TW
Hotai Motor Co Ltd
TWSE:2207
27
25%
1.1
US
Murphy Usa Inc
NYSE:MUSA
11.8
3%
3.9
US
Lithia Motors Inc
NYSE:LAD
12.2
3%
4.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NZ
2 Cheap Cars Group Ltd
NZX:2CC
Average EV/EBIT: 48.3
5.3
N/A N/A
US
O'Reilly Automotive Inc
NASDAQ:ORLY
23.2
6%
3.9
US
Autozone Inc
NYSE:AZO
17.2
5%
3.4
US
Carvana Co
NYSE:CVNA
86.2
N/A N/A
ZA
M
Motus Holdings Ltd
JSE:MTH
Not Available
7%
N/A
US
Carmax Inc
NYSE:KMX
188.2
61%
3.1
US
Penske Automotive Group Inc
NYSE:PAG
12.3
-2%
N/A
ZA
S
Super Group Ltd
JSE:SPG
Not Available
2%
N/A
TW
Hotai Motor Co Ltd
TWSE:2207
73
40%
1.8
US
Murphy Usa Inc
NYSE:MUSA
15.4
1%
15.4
US
Lithia Motors Inc
NYSE:LAD
14.4
4%
3.6