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32.68 (1y: +32%)
Market Cap 2.94 B P/E(ttm) 14.70
Enterprise Value 5.97 B P/B 2.20
PAG- NYSE (USA)
Penske Automotive Group Inc
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$32.68
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry		 vs
history
Cash to Debt 0.014
PAG's Cash to Debt is ranked lower than
76% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.69 vs. PAG: 0.014 )
PAG' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.05
Current: 0.01
0.01
0.05
Equity to Asset 0.061
PAG's Equity to Asset is ranked lower than
95% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 0.43 vs. PAG: 0.061 )
PAG' s 10-Year Equity to Asset Range
Min: -0.14   Max: 0.06
Current: 0.06
-0.14
0.06
Interest Coverage No Debt
PAG's Interest Coverage is ranked lower than
71% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 327.00 vs. PAG: No Debt )
PAG' s 10-Year Interest Coverage Range
Min: 2   Max: No Debt
Current: No Debt
F-Score: 5
Z-Score: 3.21
M-Score: -2.61
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 2.80
PAG's Operating margin (%) is ranked lower than
59% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 4.60 vs. PAG: 2.80 )
PAG' s 10-Year Operating margin (%) Range
Min: -3.4   Max: 2.9
Current: 2.8
-3.4
2.9
Net-margin (%) 1.4
PAG's Net-margin (%) is ranked lower than
60% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 2.90 vs. PAG: 1.4 )
PAG' s 10-Year Net-margin (%) Range
Min: -3.5   Max: 1.5
Current: 1.4
-3.5
1.5
ROE (%) 14.2
PAG's ROE (%) is ranked higher than
77% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 7.60 vs. PAG: 14.2 )
PAG' s 10-Year ROE (%) Range
Min: -52.6   Max: 15.6
Current: 14.2
-52.6
15.6
ROA (%) 3.4
PAG's ROA (%) is ranked higher than
55% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 3.20 vs. PAG: 3.4 )
PAG' s 10-Year ROA (%) Range
Min: -10.4   Max: 3.9
Current: 3.4
-10.4
3.9
ROC (Joel Greenblatt) (%) 11.40
PAG's ROC (Joel Greenblatt) (%) is ranked higher than
57% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 12.00 vs. PAG: 11.40 )
PAG' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -17.7   Max: 16.8
Current: 11.4
-17.7
16.8
Revenue Growth (%) 8.8
PAG's Revenue Growth (%) is ranked higher than
84% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 2.60 vs. PAG: 8.8 )
PAG' s 10-Year Revenue Growth (%) Range
Min: -4   Max: 8.8
Current: 8.8
-4
8.8
EBITDA Growth (%) 12.8
PAG's EBITDA Growth (%) is ranked lower than
70% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 9.00 vs. PAG: 12.8 )
PAG' s 10-Year EBITDA Growth (%) Range
Min: -6.7   Max: 14.5
Current: 12.8
-6.7
14.5
EPS Growth (%) 25.4
PAG's EPS Growth (%) is ranked lower than
79% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 13.90 vs. PAG: 25.4 )
PAG' s 10-Year EPS Growth (%) Range
Min: -11   Max: 25.4
Current: 25.4
-11
25.4
ยป PAG's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

PAG Guru Trades in Q2 2012

Paul Tudor Jones 21,100 sh (New)
Ron Baron 750,000 sh (unchged)
Jeremy Grantham Sold Out
Jim Simons Sold Out
Mario Gabelli 507,000 sh (-0.2%)
Murray Stahl 108,582 sh (-0.56%)
John Keeley 1,825,528 sh (-3.37%)
Manning & Napier Advisors, Inc 165,230 sh (-6.84%)
Chuck Royce 818,100 sh (-8.35%)
» More
Q3 2012

PAG Guru Trades in Q3 2012

Manning & Napier Advisors, Inc 168,500 sh (+1.98%)
Ron Baron 750,000 sh (unchged)
Paul Tudor Jones Sold Out
Mario Gabelli 506,100 sh (-0.18%)
Murray Stahl 107,069 sh (-1.39%)
John Keeley 1,772,540 sh (-2.9%)
Chuck Royce 777,700 sh (-4.94%)
» More
Q4 2012

PAG Guru Trades in Q4 2012

Joel Greenblatt 16,519 sh (New)
Ron Baron 750,000 sh (unchged)
Mario Gabelli 501,100 sh (-0.99%)
Chuck Royce 768,700 sh (-1.16%)
Murray Stahl 105,212 sh (-1.73%)
John Keeley 1,660,483 sh (-6.32%)
Manning & Napier Advisors, Inc 146,910 sh (-12.81%)
» More
Q1 2013

PAG Guru Trades in Q1 2013

Jim Simons 102,300 sh (New)
Paul Tudor Jones 9,100 sh (New)
Steven Cohen 15,908 sh (New)
Murray Stahl 112,569 sh (+6.99%)
Ron Baron 750,000 sh (unchged)
Joel Greenblatt Sold Out
Mario Gabelli 500,100 sh (-0.2%)
Manning & Napier Advisors, Inc 144,700 sh (-1.5%)
John Keeley 1,633,455 sh (-1.63%)
Chuck Royce 734,800 sh (-4.41%)
» More
» Details

Insider Trades

Latest Guru Trades with PAG

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Sold Out 0.03%$29.32 - $33.74 $ 32.683%0
Joel Greenblatt 2012-12-31 New Buy0.03%$26.18 - $32.11 $ 32.6811%16519
Ray Dalio 2011-12-31 Sold Out 0.04%$15.06 - $21.69 $ 32.6867%0
Ray Dalio 2011-09-30 New Buy0.04%$15.59 - $23.96 $ 32.6869%147694
John Keeley 2011-03-31 New Buy0.59%$16.47 - $21.13 $ 32.6875%1931080
George Soros 2011-03-31 Sold Out $16.47 - $21.13 $ 32.6875%0
George Soros 2010-09-30 New Buy$10.94 - $14.41 $ 32.68158%10800
Ron Baron 2010-03-31 Reduce -60.07%0.08%$13.89 - $17.36 $ 32.68113%1529500
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 14.70
PAG's P/E(ttm) is ranked higher than
72% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 15.58 vs. PAG: 14.70 )
PAG' s 10-Year P/E(ttm) Range
Min: 3.98   Max: 20.27
Current: 14.7
3.98
20.27
P/B 2.20
PAG's P/B is ranked lower than
66% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.43 vs. PAG: 2.20 )
PAG' s 10-Year P/B Range
Min: 0.36   Max: 2.33
Current: 2.2
0.36
2.33
P/S 0.22
PAG's P/S is ranked higher than
86% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 0.50 vs. PAG: 0.22 )
PAG' s 10-Year P/S Range
Min: 0.04   Max: 0.23
Current: 0.22
0.04
0.23
PFCF 30.40
PAG's PFCF is ranked lower than
78% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 14.54 vs. PAG: 30.40 )
PAG' s 10-Year PFCF Range
Min: 1.29   Max: 511.67
Current: 30.4
1.29
511.67
EV-to-EBIT 15.9
PAG's EV-to-EBIT is ranked higher than
76% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 11.77 vs. PAG: 15.9 )
PAG' s 10-Year EV-to-EBIT Range
Min: 7.5   Max: 17.5
Current: 15.9
7.5
17.5
Shiller P/E 58.8
PAG's Shiller P/E is ranked higher than
82% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 17.88 vs. PAG: 58.8 )
PAG' s 10-Year Shiller P/E Range
Min: 4.07   Max: 78.27
Current: 58.8
4.07
78.27

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.65
PAG's Dividend Yield is ranked higher than
61% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.79 vs. PAG: 1.65 )
PAG' s 10-Year Dividend Yield Range
Min: 0.3   Max: 7.03
Current: 1.65
0.3
7.03
Dividend Payout 0.2259
PAG's Dividend Payout is ranked higher than
91% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 0.55 vs. PAG: 0.2259 )
PAG' s 10-Year Dividend Payout Range
Min: 0.05   Max: 0.22
Current: 0.23
0.05
0.22
Yield on cost (5-Year) 1.60
PAG's Yield on cost (5-Year) is ranked higher than
58% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.79 vs. PAG: 1.60 )
PAG' s 10-Year Yield on cost (5-Year) Range
Min: 0.3   Max: 7.03
Current: 1.6
0.3
7.03
Share Buyback Rate 0.4
PAG's Share Buyback Rate is ranked higher than
92% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: -0.50 vs. PAG: 0.4 )
PAG' s 10-Year Share Buyback Rate Range
Min: 0.7   Max: -13.1
Current: 0.4

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 2.2
PAG's Price/Net Current Asset Value is ranked higher than
74% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 3.10 vs. PAG: 2.2 )
PAG' s 10-Year Price/Net Current Asset Value Range
Min: 0.4   Max: 2.1
Current: 2.2
0.4
2.1
Price/Tangible Book 9
PAG's Price/Tangible Book is ranked higher than
100% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.80 vs. PAG: 9 )
PAG' s 10-Year Price/Tangible Book Range
Min: 8.2   Max: 128
Current: 9
8.2
128
Price/DCF (Projected) 1.4
PAG's Price/DCF (Projected) is ranked higher than
93% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.10 vs. PAG: 1.4 )
PAG' s 10-Year Price/DCF (Projected) Range
Min: 0.9   Max: 4.8
Current: 1.4
0.9
4.8
Price/Median PS Value 1.6
PAG's Price/Median PS Value is ranked higher than
94% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 0.80 vs. PAG: 1.6 )
PAG' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.5
Current: 1.6
0.3
1.5
Price/Graham Number 2.5
PAG's Price/Graham Number is ranked higher than
99% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.10 vs. PAG: 2.5 )
PAG' s 10-Year Price/Graham Number Range
Min: 2.3   Max: 6.6
Current: 2.5
2.3
6.6
Earnings Yield (Greenblatt) 6.30
PAG's Earnings Yield (Greenblatt) is ranked lower than
69% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 7.30 vs. PAG: 6.30 )
PAG' s 10-Year Earnings Yield (Greenblatt) Range
Min: 5.7   Max: 13.3
Current: 6.3
5.7
13.3
Forward Rate of Return (Yacktman) 2.72
PAG's Forward Rate of Return (Yacktman) is ranked higher than
80% of the 649 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 4.29 vs. PAG: 2.72 )
PAG' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 1.3   Max: 45.8
Current: 2.72
1.3
45.8

Business Description

Penske Automotive Group, Inc, was incorporated in the state of Delaware and began dealership operations in October 1992. The Company is the second automotive retailer headquartered in the U.S. as measured by total revenues. As of December 31, 2011, It operated 320 retail automotive franchises, of which 166 franchises are located in the U.S. and 154 franchises are located outside of the U.S. The franchises outside the U.S. are located mainly in the U.K. In 2011, it retailed and wholesaled more than 348,000 vehicles. It offers a full range of vehicle brands of non-U.S. based manufacturers, and premium brands, such as Audi, BMW, Mercedes-Benz and Porsche. Each of its dealerships offers a selection of new and used vehicles for sale. In addition to selling new and used vehicles, it generate higher-margin revenue at each of its dealerships through maintenance and repair services and the sale and placement of higher-margin products, such as third-party finance and insurance products, third-party extended service contracts and replacement and aftermarket automotive products. New and used vehicle revenues include sales to retail customers and to leasing companies providing consumer automobile leasing. It generate finance and insurance revenues from sales of third-party extended service contracts, sales of third-party insurance policies, commissions relating to the sale of finance and lease contracts to third parties and the sales of certain other products. Service and parts revenues include fees paid for repair, maintenance and collision services, and the sale of replacement parts and other aftermarket accessories. It also owns a 9.0% limited partnership interest in Penske Truck Leasing Co., L.P. ("PTL"), and a global transportation services provider. PTL leases, rents and maintains more than 200,000 vehicles and serves customers in North America, South America, Europe and Asia and is one of the largest purchasers of commercial trucks in North America through its approximately 1,000 corporate and 1,900 agent locations. The Company competes mainly with other franchised dealers in each of its marketing areas, relying on its premium facilities, advertising and merchandising, management experience, sales expertise, service reputation and the location of its dealerships to attract and retain customers. It also compete with dealers that sell the same brands of new vehicles that it sell and with dealers that sell other brands of new vehicles that it does not represent in a particular market. The Company is subject to a wide range of environmental laws and regulations, including those governing discharges into the air and water, the operation and removal of aboveground and underground storage tanks, the use, handling, storage and disposal of hazardous substances and other materials and the investigation and remediation of environmental contamination.
Company Website
SEC Reports
Industry: Auto & Truck Dealerships
Compare:LAD, KMX, ABG, AN, IHLDY
ยป More Articles for PAG

Headlines

Articles On GuruFocus.com
Penske Automotive Group Inc: Fundamental Stock Research Analysis Dec 12 2012 
13 Stocks with Rising Dividends from Last Week Nov 08 2011 
18 Companies Providing Shareholders More Cash Through Increased Dividends Nov 07 2011 
15 Companies Compounding Shareholders' Wealth with Higher Dividends Aug 01 2011 
Notable Dividend Hikes: ALV, PAG, AUY, MR, TCRD May 10 2011 
Penske Automotive Group Inc. Reports Operating Results (10-K) Feb 28 2011 
Penske Automotive Group Inc. Reports Operating Results (10-Q) Nov 04 2010 
Penske Automotive Group Inc. Reports Operating Results (10-Q) Jul 30 2010 
Penske Automotive Group Inc. Reports Operating Results (10-Q) May 03 2010 
Weekly CEO Sells Highlight: Rockwell Automation Inc. Common, Penske Automotive Group Inc., Align Tec Feb 07 2010 

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