2 Cheap Cars Group (NZSE:2CC) EBIT: NZ$4.50 Mil (TTM As of Mar. 2026)


NZSE:2CC 2 Cheap Cars Group Ltd NZSE:2CC
51 GF Score
Price NZ$0.65
GF Value NZ$0.71
Valuation Fairly Valued
! 4 Warning Signs
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What is 2 Cheap Cars Group EBIT?

2 Cheap Cars Group NZSE:2CC -2.99% 51 EBIT is NZ$4.50 Mil as of Mar. 2026. GuruFocus rates NZSE:2CC with a GF Score™ of 51/100 and a GF Value™ of NZ$0.71 (Fairly Valued). The stock has 4 warning signs investors should review.

2 Cheap Cars Group's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was NZ$2.79 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$4.50 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. 2 Cheap Cars Group's annualized ROC % for the quarter that ended in Mar. 2026 was 15.39%. 2 Cheap Cars Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. 2 Cheap Cars Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.67%.


2 Cheap Cars Group  (NZSE:2CC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

2 Cheap Cars Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=6.082 * ( 1 - 28.03% )/( (27.274 + 29.627)/ 2 )
=4.3772154/28.4505
=15.39 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

2 Cheap Cars Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.58/( ( (11.079 + max(13.473, 0)) + (10.531 + max(15.795, 0)) )/ 2 )
=5.58/( ( 24.552 + 26.326 )/ 2 )
=5.58/25.439
=21.93 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.283 + 14.15 + 1.786) - (2.002 + -0.08 + 0.824)
=13.473

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.45 + 18.041 + 1.769) - (2.88 + 0.671 + 0.914)
=15.795

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

2 Cheap Cars Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=4.498/35.500
=12.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


2 Cheap Cars Group EBIT Related Terms


2 Cheap Cars Group EBIT Historical Data

* Premium members only.

The historical data trend for 2 Cheap Cars Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2 Cheap Cars Group EBIT Chart

2 Cheap Cars Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 3.70 2.60 9.06 4.78 4.50

2 Cheap Cars Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.29 2.69 2.09 1.71 2.79

NZSE:2CC vs CVNA, PAG, ALTB: EBIT Comparison

For the Auto & Truck Dealerships subindustry, 2 Cheap Cars Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


2 Cheap Cars Group EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 2 Cheap Cars Group's EV-to-EBIT falls into.


NZSE:2CC
51GF Score
2 Cheap Cars Group Ltd NZSE:2CC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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2 Cheap Cars Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$4.50 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of NZ$4.50 Mil mean?
2 Cheap Cars Group (NZSE:2CC) has a EBIT of NZ$4.50 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on 2 Cheap Cars Group.
Is 2 Cheap Cars Group's EBIT too high?
2 Cheap Cars Group's current EBIT is NZ$4.50 Mil. Overall, 2 Cheap Cars Group has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's EBIT compare to CVNA and PAG?
2 Cheap Cars Group's EBIT of NZ$4.50 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on 2 Cheap Cars Group. 2 Cheap Cars Group's current EBIT is NZ$4.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2 Cheap Cars Group stock overvalued right now?
Based on GuruFocus' analysis, 2 Cheap Cars Group (NZSE:2CC) is currently considered Fairly Valued. The stock's GF Value™ is NZ$0.71, compared to a current price of NZ$0.65 — trading 8.5% below its estimated fair value. The current EBIT is NZ$4.50 Mil. 2 Cheap Cars Group's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For 2 Cheap Cars Group (NZSE:2CC), the current EBIT is NZ$4.50 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is 2 Cheap Cars Group (NZSE:2CC) Overvalued in 2026?

Based on GuruFocus' analysis, 2 Cheap Cars Group stock appears to be undervalued. The current stock price of NZ$0.65 is trading 8.5% below its estimated GF Value™ of NZ$0.71. GuruFocus considers 2 Cheap Cars Group to be Fairly Valued.

Key valuation signals for NZSE:2CC:

  • EBIT: NZ$4.50 Mil
  • GF Value™: NZ$0.71 vs. price of NZ$0.65 (8.5% below fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the NZSE:2CC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


2 Cheap Cars Group Business Description

Address 102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The group draws revenue from the two divisions: automotive retail division, revenue is derived from the sale of vehicles and from agent commissions relating to third-party finance and insurance products.
51GF Score

Get the complete analysis for NZSE:2CC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$0.65
Price
NZ$0.71
GF Value