2 Cheap Cars Group Ltd

NEW
NZSE:2CC (New Zealand)  
NZ$ 0.66 +0.010 (+1.54%) Jun 26
9.43
P/B:
1.36
Market Cap:
NZ$ 29.61M ($ 17.28M)
Enterprise V:
NZ$ 35.50M ($ 20.71M)
Volume:
2.51K
Avg Vol (2M):
8.52K
Trade In:
Volume:
2.51K
Avg Vol (2M):
8.52K

2 Cheap Cars Group Ltd’s share price is NZ$0.66. Its GF Value is NZ$0.71. Based on the relationship between the current stock price and the GF Value, GuruFocus believes 2 Cheap Cars Group Ltd stock is .

The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.

GF Value Growth:

In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:

Price: NZ$0.66 GF Value Price/GF Value
Current NZ$0.71 0.93
Next FY1 End NZ$0.7 0.94
Next 12 Month NZ$0.7 0.94
Next FY2 End NZ$0.7 0.94
Correlation Analysis
Summary:

GuruFocus performed a correlation analysis comparing 2 Cheap Cars Group Ltd's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.

The findings reveal that 2 Cheap Cars Group Ltd's stock price shows no significant correlation with any of these four metrics.

Historical Trends of Key Valuation Ratios
GF Value of Related Companies