Turners Automotive Group Share Price and Company Fundamentals



Price
$2.85
Change
0.000 (0.000%)
52 week
1.995 - 3.0

Last traded: 04/12/2021

Turners Automotive Group Limited engages in the automotive retail business in New Zealand and Australia. It operates through: Automotive Retail, Finance, Credit Management, and Insurance segments. The Automotive retail segment engages in the purchasing and remarketing of motor vehicles, trucks, heavy machinery, and commercial goods. The Finance segment provides asset-based finance to consumers and SME's. The Credit Management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. The Insurance segment engages in the marketing and administration of a range of life and consumer insurance products. Further, it is involved in trustee and auction businesses; property business; and provision of vehicle subscription services. The company was formerly known as Turners Limited and changed its name to Turners Automotive Group Limited in May 2017. Turners Automotive Group Limited was incorporated in 1984 and is based in Auckland, New Zealand.

Key Metrics

PE ratio

9.56

PB ratio

1.04

Dividend yield

7.02%

Beta

1.09

Market cap

$348.32M

Enterprise value

$529.33M

Company profile

Primary activitiesHolding company in financial services with wholly owned trading subsidiaries Dorchester Finance, Oxford Finance, DPL Insurance, EC Credit (debt recovery), Turners Group (auctions, fleet and finance) and Buy Right Cars.
Industry / SectorAuto & Truck Dealerships / Consumer Cyclical
Full time employees700
Websitehttp://www.turnersautogroup.co.nz
Mailing address70 Shortland Street Level 5 PO Box 1232 Auckland 1140 New Zealand
Phone / Fax800 100 601 /
Share registryCOMPUTERSHARE INVESTOR SERVICES LIMITED

Dividends

More: Turners Automotive Group Dividend history, yield and payout ratio

Dividend yield

7.02%

Dividend amount

$0.20

Payout ratio

67.41%

Turners Automotive Group paid $0.20 dividend and the ex-dividend date was 13 July 2021.The dividend payout ratio is 67.41%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TRA dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

TRA's forward dividend amount is $0.2 and the forward dividend yield is 6.89%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2021, following are the company executives and directors listed on Turners Automotive Group.

NameTitleAgeTotal Pay
Mr. Todd William HunterChief Exec. Officer
Mr. Aaron D. SaundersGroup Chief Financial Officer
Mr. Simon Gould-ThorpeGroup Chief Information Officer
Ms. Sonya RoseGroup Gen. Mang. of HR
Mr. Greg HedgepethChief Exec. Officer of Automotive Retail Division
Ms. Barbara M. BadishCompany Sec.
Mr. David WilsonChief Exec. Officer of EC Credit Control

Profitability and management effectiveness

Profit margin

9.05%

Operating margin

13.98%

Return on assets

3.63%

Return on equity

11.77%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Turners Automotive Group is 348.32M and its enterprise value is 529.33M. The enterprise value to revenue ratio of TRA is 1.78.

The TRA's stocks Beta value is 1.09 making it 9% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Turners Automotive Group (TRA)

Turners Automotive Group (ASX:TRA) Frequently Asked Questions

1. What is Turners Automotive Group's Stock Symbol?

Turners Automotive Group trades on ASX under the ticker symbol "TRA".

2. What is Turners Automotive Group's stock price today?

One share of TRA stock can currently be purchased for approximately $2.85.

3. How can I contact Turners Automotive Group?

Turners Automotive Group's mailing address is 70 Shortland Street Level 5 PO Box 1232 Auckland 1140 New Zealand. The company can be reached via phone at 800 100 601.

4. What is Turners Automotive Group's official website?

The official website of Turners Automotive Group is http://www.turnersautogroup.co.nz.

5. Which share registry manages Turners Automotive Group's stock?

Turners Automotive Group's stock is managed by COMPUTERSHARE INVESTOR SERVICES LIMITED.