2 Cheap Cars GroupNZSE:2CC 48 Dividend Payout Ratio is 0.33 as of Mar. 2026, which is 38% below its 10-year median of 0.53. GuruFocus rates NZSE:2CC with a GF Score™ of 48/100 and a GF Value™ of NZ$0.71 (Fairly Valued). The stock has 4 warning signs investors should review. Among 777 Vehicles & Parts companies, 2 Cheap Cars Group ranks worse than 68.73% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. 2 Cheap Cars Group's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.33.
The historical rank and industry rank for 2 Cheap Cars Group's Dividend Payout Ratio or its related term are showing as below:
NZSE:2CC'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.53 Max: 1.16
Current: 0.53
During the past 6 years, the highest Dividend Payout Ratio of 2 Cheap Cars Group was 1.16. The lowest was 0.21. And the median was 0.53.
NZSE:2CC's Dividend Payout Ratio is ranked worse than 68.73% of 777
companies
in the Vehicles & Parts industry
Industry Median: 0.36
vs NZSE:2CC: 0.53
During the past 12 months, 2 Cheap Cars Group's average Dividends Per Share Growth Rate was -42.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 83.40% per year.
During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of 2 Cheap Cars Group was 83.40% per year. The lowest was -1.00% per year. And the median was 41.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
2 Cheap Cars Group (NZSE:2CC) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
2 Cheap Cars Group Dividend Payout Ratio Related Terms
2 Cheap Cars Group Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for 2 Cheap Cars Group's Dividend Payout Ratio 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: Dividend Payout Ratio Comparison
For the Auto & Truck Dealerships subindustry, 2 Cheap Cars Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where 2 Cheap Cars Group's Dividend Payout Ratio falls into.
2 Cheap Cars Group Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
2 Cheap Cars Group's Dividend Payout Ratio 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.
2 Cheap Cars Group (NZSE:2CC) has a Dividend Payout Ratio of 0.33 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on 2 Cheap Cars Group and its competitors. This is 38% below median its historical median of 0.53. Over the past decade, 2 Cheap Cars Group's Dividend Payout Ratio has ranged from 0.21 to 1.16. According to the industry distribution chart, 2 Cheap Cars Group ranks #534 out of 777 companies in the Vehicles & Parts industry, placing it in the top 68.7%.
Is 2 Cheap Cars Group's Dividend Payout Ratio too high?
2 Cheap Cars Group's current Dividend Payout Ratio of 0.33 is 38% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.16. The Vehicles & Parts industry median Dividend Payout Ratio is 0.36. 2 Cheap Cars Group's value of 0.33 is 8.3% below this industry median. Based on the distribution chart, 2 Cheap Cars Group ranks #534 out of 777 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, 2 Cheap Cars Group has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's Dividend Payout Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, 2 Cheap Cars Group ranks #534 out of 777 companies for Dividend Payout Ratio. This places 2 Cheap Cars Group in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. 2 Cheap Cars Group's value of 0.33 is 8.3% below this benchmark. Historically, 2 Cheap Cars Group's own Dividend Payout Ratio has ranged from 0.21 to 1.16 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.36, 2 Cheap Cars Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Vehicles & Parts company?
The median Dividend Payout Ratio among Vehicles & Parts companies is 0.36, based on 777 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 2 Cheap Cars Group's current Dividend Payout Ratio of 0.33 is 8.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on 2 Cheap Cars Group and its competitors. For the Vehicles & Parts industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2 Cheap Cars Group's current Dividend Payout Ratio is 0.33, which is 38% below median its own 10-year median of 0.53. 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 Dividend Payout Ratio is 0.33, which is 38% below median its 10-year median of 0.53 and 8.3% below the Vehicles & Parts industry median of 0.36. 2 Cheap Cars Group's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For 2 Cheap Cars Group (NZSE:2CC), the current Dividend Payout Ratio is 0.33 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$0.66 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:
Dividend Payout Ratio: 0.33 (38% below median its 10-year median of 0.53)
GF Value™: NZ$0.71 vs. price of NZ$0.66 (7% below fair value)
Industry Position: 8.3% below the Vehicles & Parts median (#534 of 777)
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.
48GF Score
Get the complete analysis for NZSE:2CC
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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