Turners Automotive Group Share Price and Company Fundamentals



Price
$2.85
Change
0.000 (0.000%)
52 week
1.4 - 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 five segments: Automotive Retail, Finance, Credit Management, Insurance, and Corporate & Other. The company buys and sells second hand cars, trucks, machinery, and commercial goods under the Turners and Buy Right Cars brand names. It also provides financial solutions for personal, vehicle, and small to medium business customers under the Oxford Finance brand; and underwrites and distributes a range of life and non-life consumer insurance products under the Autosure and Greenwich Life Insurance brands. In addition, the company offers automotive-owner protection insurance policies for the retail motor vehicle industry through various dealers under the Autosure brand; and debt collection, credit management and reporting, and terms of trade documentation services to the SME market under the EC Credit Control brand. Further, it is involved in trustee and auction businesses. 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

11.09

PB ratio

1.05

Dividend yield

4.91%

Beta

1.07

Market cap

$292.37M

Enterprise value

$501.24M

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 employees771
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

Annual reports

Published onReport
30 Jul 2020Turners Annual Report 31 March 2020

Dividends

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

Dividend yield

4.91%

Dividend amount

$0.14

Payout ratio

50.35%

Turners Automotive Group paid $0.14 dividend and the ex-dividend date was 17 Mar 2021.The dividend payout ratio is 50.35%. 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 6.88%. 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 May 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

7.81%

Operating margin

12.72%

Return on assets

3.52%

Return on equity

10.48%

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 292.37M and its enterprise value is 501.24M. The enterprise value to revenue ratio of TRA is 1.65.

The TRA's stocks Beta value is 1.07 making it 7% 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.