Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, 2 Cheap Cars Group's Enterprise Value is NZ$35.96 Mil.
2 Cheap Cars Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$4.50 Mil. Therefore, 2 Cheap Cars Group's EV-to-EBIT ratio for today is 7.99.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, 2 Cheap Cars Group's Enterprise Value is NZ$35.96 Mil.
2 Cheap Cars Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$7.41 Mil. Therefore, 2 Cheap Cars Group's EV-to-EBITDA ratio for today is 4.86.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, 2 Cheap Cars Group's Enterprise Value is NZ$35.96 Mil.
2 Cheap Cars Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$81.26 Mil. Therefore, 2 Cheap Cars Group's EV-to-Revenue ratio for today is 0.44.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
2 Cheap Cars Group (NZSE:2CC) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
2 Cheap Cars Group's current Enterprise Value is NZ$35.96 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. 2 Cheap Cars Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$4.50 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
2 Cheap Cars Group's current Enterprise Value is NZ$35.96 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. 2 Cheap Cars Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$7.41 Mil.
2 Cheap Cars Group's current Enterprise Value is NZ$35.96 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. 2 Cheap Cars Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$81.26 Mil.
2 Cheap Cars Group's current Enterprise Value is NZ$35.96 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. 2 Cheap Cars Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$4.17 Mil.
2 Cheap Cars Group's current Enterprise Value is NZ$35.96 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. 2 Cheap Cars Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$3.73 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.
2 Cheap Cars Group Enterprise Value Related Terms
2 Cheap Cars Group Enterprise Value Historical Data
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The historical data trend for 2 Cheap Cars Group's Enterprise Value 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.
NZSE:2CC vs CVNA, PAG, ALTB: Enterprise Value Comparison
For the Auto & Truck Dealerships subindustry, 2 Cheap Cars Group's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where 2 Cheap Cars Group's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
2 Cheap Cars Group's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
What does a Enterprise Value of NZ$35.96 Mil mean?
2 Cheap Cars Group (NZSE:2CC) has a Enterprise Value of NZ$35.96 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on 2 Cheap Cars Group and its competitors.
Is 2 Cheap Cars Group's Enterprise Value too high?
2 Cheap Cars Group's current Enterprise Value is NZ$35.96 Mil. Overall, 2 Cheap Cars Group has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's Enterprise Value compare to CVNA and PAG?
2 Cheap Cars Group's Enterprise Value of NZ$35.96 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 Enterprise Value for a Vehicles & Parts company?
A good Enterprise Value depends on the Vehicles & Parts industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on 2 Cheap Cars Group and its competitors. 2 Cheap Cars Group's current Enterprise Value is NZ$35.96 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$0.66 — trading 7% below its estimated fair value. The current Enterprise Value is NZ$35.96 Mil. 2 Cheap Cars Group's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For 2 Cheap Cars Group (NZSE:2CC), the current Enterprise Value is NZ$35.96 Mil as of Jun. 28, 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$0.66 is trading 7% 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:
Enterprise Value: NZ$35.96 Mil
GF Value™: NZ$0.71 vs. price of NZ$0.66 (7% below fair value)
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 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.
47GF Score
Get the complete analysis for NZSE:2CC
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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