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2 Cheap Cars Group's gross profit for the
six
months ended in Mar. 2026 was NZ$9.15 Mil. 2 Cheap Cars Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$16.99 Mil.
2 Cheap Cars Group (NZSE:2CC) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
2 Cheap Cars Group had a gross margin of 22.05% for the quarter that ended in Mar. 2026 => Competition eroding margins
2 Cheap Cars Group Gross Profit Related Terms
2 Cheap Cars Group Gross Profit Historical Data
* Premium members only.
The historical data trend for 2 Cheap Cars Group's Gross Profit 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, KMX: Gross Profit Comparison
For the Auto & Truck Dealerships subindustry, 2 Cheap Cars Group's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where 2 Cheap Cars Group's Gross Profit falls into.
Gross Profit 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$16.99 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
2 Cheap Cars Group (NZSE:2CC) has a Gross Profit of NZ$16.99 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on 2 Cheap Cars Group and its competitors.
Is 2 Cheap Cars Group's Gross Profit too high?
2 Cheap Cars Group's current Gross Profit is NZ$16.99 Mil. Overall, 2 Cheap Cars Group has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's Gross Profit compare to CVNA and PAG?
2 Cheap Cars Group's Gross Profit of NZ$16.99 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 Gross Profit for a Vehicles & Parts company?
A good Gross Profit depends on the Vehicles & Parts industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on 2 Cheap Cars Group and its competitors. 2 Cheap Cars Group's current Gross Profit is NZ$16.99 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 Modestly Overvalued. The stock's GF Value™ is NZ$0.71, compared to a current price of NZ$0.81 — trading 14.1% above its estimated fair value. The current Gross Profit is NZ$16.99 Mil. 2 Cheap Cars Group's overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For 2 Cheap Cars Group (NZSE:2CC), the current Gross Profit is NZ$16.99 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 overvalued.
The current stock price of NZ$0.81 is trading 14.1% above its estimated GF Value™ of NZ$0.71.
GuruFocus considers 2 Cheap Cars Group to be Modestly Overvalued.
Key valuation signals for NZSE:2CC:
Gross Profit: NZ$16.99 Mil
GF Value™: NZ$0.71 vs. price of NZ$0.81 (14.1% above 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.
55GF Score
Get the complete analysis for NZSE:2CC
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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