Turners Automotive Group Limited Share Price and Company Fundamentals



Price
$3.65
Change
-0.110 (-2.926%)
52 week
3.46 - 4.61

Last traded: Today at 5:00 AM

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 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 offers collection, credit management, and debt recovery services to the corporate and SME sectors. The Insurance segment engages in marketing and administration of a range of life and consumer insurance products, and saving products. 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

10.33

PB ratio

1.28

Dividend yield

6.38%

Beta

1.03

Market cap

-

Enterprise value

-

Company profile

Industry / SectorAuto & Truck Dealerships / Consumer Cyclical
Full time employees700
Websitehttps://www.turnersautogroup.co.nz
Mailing address70 Shortland Street Level 5 PO Box 1232 Auckland 1140 New Zealand
Phone / Fax64 8 0010 0601 /

Dividends

Dividend yield

6.38%

Dividend amount

$0.24

Payout ratio

60.46%

5Y Avg. yield

5.94%

Turners Automotive Group Limited paid $0.24 dividend and the ex-dividend date was 18 July 2022.The dividend payout ratio is 60.46%. 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 $0.28 and the forward dividend yield is 7.45%. 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 Jul 2022, following are the company executives and directors listed on Turners Automotive Group Limited.

NameTitleAgeTotal Pay
Mr. Todd William HunterGroup Chief Exec. Officer
Mr. Aaron D. SaundersGroup Chief Financial Officer
Mr. Simon Gould-ThorpeGroup Chief Information Officer
Ms. Maryanne BurnsGroup Gen. Mang. People & Culture
Mr. Greg HedgepethChief Exec. Officer of Automotive Retail Division
Mr. Jeremy RookeGroup Chief Digital Officer
Guy BrydenChief Operating Officer of Oxford Fin.
Ms. Barbara M. BadishCompany Sec.
Mr. Matthew GannawayChief Exec. Officer of EC Credit Control

Profitability and management effectiveness

Profit margin

9.13%

Operating margin

13.81%

Return on assets

3.83%

Return on equity

12.87%

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 Limited is and its enterprise value is .

The TRA's stocks Beta value is 1.03 making it 3% more volatile compared to NZX 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.

Turners Automotive Group Limited (NZX:TRA) Frequently Asked Questions

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

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

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

One share of TRA stock can currently be purchased for approximately $3.65.

3. How can I contact Turners Automotive Group Limited?

Turners Automotive Group Limited's mailing address is 70 Shortland Street Level 5 PO Box 1232 Auckland 1140 New Zealand. The company can be reached via phone at 64 8 0010 0601.

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

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