Penske Automotive Group Inc
NYSE:PAG
Intrinsic Value
Penske Automotive Group, Inc. operates as an international transportation services company. [ Read More ]
The intrinsic value of one PAG stock under the Base Case scenario is 200.48 USD. Compared to the current market price of 152.96 USD, Penske Automotive Group Inc is Undervalued by 24%.
Valuation Backtest
Penske Automotive Group Inc
Run backtest to discover the historical profit from buying and selling PAG stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Penske: Strong Performance Despite EV Impact
2023-Q4 Earnings Call
Penske Automotive Group generated $1.1 billion in cash flow with a robust EBITDA of nearly $1.7 billion last year. They have increased their dividend by 53% from $0.57 to $0.87 per share while returning $189 million to shareholders and repurchasing shares for $382 million. In the UK, they added Rybrook's 16 premium dealerships, enhancing their market presence and expected annual revenue by approximately $1 billion. Despite challenging EV sales—83% of BEV sales below MSRP by over $5,800—the company saw a gross profit per unit increase of $80 to $90 from Q3 to Q4. Their UK BEV market share dipped, reflecting a need for adaptation. Penske's lease business rose by 21%, logistics by 5%, but they are addressing the oversupply in their rental fleet, with an eye on future growth post-2024.
Balance Sheet Decomposition
Penske Automotive Group Inc
Current Assets | 5.7B |
Cash & Short-Term Investments | 96.4m |
Receivables | 1.1B |
Other Current Assets | 4.5B |
Non-Current Assets | 10B |
Long-Term Investments | 1.8B |
PP&E | 5.2B |
Intangibles | 3B |
Other Non-Current Assets | 63.1m |
Current Liabilities | 5.7B |
Accounts Payable | 866.9m |
Accrued Liabilities | 809.8m |
Short-Term Debt | 3.8B |
Other Current Liabilities | 209.7m |
Non-Current Liabilities | 5.3B |
Long-Term Debt | 1.4B |
Other Non-Current Liabilities | 3.9B |
Earnings Waterfall
Penske Automotive Group Inc
Revenue
|
29.5B
USD
|
Cost of Revenue
|
-24.6B
USD
|
Gross Profit
|
4.9B
USD
|
Operating Expenses
|
-3.5B
USD
|
Operating Income
|
1.4B
USD
|
Other Expenses
|
-339m
USD
|
Net Income
|
1.1B
USD
|
Free Cash Flow Analysis
Penske Automotive Group Inc
What is Free Cash Flow?
PAG Profitability Score
Profitability Due Diligence
Penske Automotive Group Inc's profitability score is 55/100. The higher the profitability score, the more profitable the company is.
Score
Penske Automotive Group Inc's profitability score is 55/100. The higher the profitability score, the more profitable the company is.
PAG Solvency Score
Solvency Due Diligence
Penske Automotive Group Inc's solvency score is 43/100. The higher the solvency score, the more solvent the company is.
Score
Penske Automotive Group Inc's solvency score is 43/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
PAG Price Targets Summary
Penske Automotive Group Inc
According to Wall Street analysts, the average 1-year price target for PAG is 169.13 USD with a low forecast of 116.15 USD and a high forecast of 205.8 USD.
Ownership
PAG Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
PAG Price
Penske Automotive Group Inc
Average Annual Return | 33.22% |
Standard Deviation of Annual Returns | 35.66% |
Max Drawdown | -60% |
Market Capitalization | 10.3B USD |
Shares Outstanding | 66 990 000 |
Percentage of Shares Shorted | 15.1% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Penske Automotive Group, Inc. operates as an international transportation services company. The company is headquartered in Bloomfield Hills, Michigan and currently employs 25,000 full-time employees. The firm operates automotive and commercial truck dealerships principally in the United States, United Kingdom, Canada, Germany, Italy, Japan and North America, and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services in Australia and New Zealand. Its segment includes Retail Automotive, Retail Commercial Truck, Other and Non-Automotive Investments. The Retail Automotive segment consists of retail automotive dealership operations. The Retail Commercial Truck segment is consists of retail commercial truck dealership operations in the U.S. and Canada. Other segment is consists of commercial vehicle and power systems distribution operations. The Non-Automotive Investments segment is consisting of equity method investments in non-automotive operations, including its investment in Penske transportation solutions (PTS) and other various investments.
Contact
IPO
Employees
Officers
The intrinsic value of one PAG stock under the Base Case scenario is 200.48 USD.
Compared to the current market price of 152.96 USD, Penske Automotive Group Inc is Undervalued by 24%.