2 Cheap Cars Group Ltd banner

2 Cheap Cars Group Ltd
NZX:2CC

Watchlist Manager
2 Cheap Cars Group Ltd Logo
2 Cheap Cars Group Ltd
NZX:2CC
Watchlist
Price: 0.64 NZD
Market Cap: NZ$29.2m

Gross Margin

19%
Current
Declining
by 2.2%
vs 3-y average of 21.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
19%
=
Gross Profit
NZ$14.8m
/
Revenue
NZ$77.9m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
19%
=
Gross Profit
NZ$14.8m
/
Revenue
NZ$77.9m

Peer Comparison

Country Company Market Cap Gross
Margin
NZ
2 Cheap Cars Group Ltd
NZX:2CC
29.4m NZD
Loading...
US
O'Reilly Automotive Inc
NASDAQ:ORLY
78.3B USD
Loading...
US
Carvana Co
NYSE:CVNA
72.5B USD
Loading...
US
Autozone Inc
NYSE:AZO
62.2B USD
Loading...
ZA
Motus Holdings Ltd
JSE:MTH
22.9B ZAR
Loading...
US
Penske Automotive Group Inc
NYSE:PAG
10.9B USD
Loading...
TW
Hotai Motor Co Ltd
TWSE:2207
305.8B TWD
Loading...
US
Murphy Usa Inc
NYSE:MUSA
7.3B USD
Loading...
US
Lithia Motors Inc
NYSE:LAD
7.2B USD
Loading...
BR
Vibra Energia SA
BOVESPA:VBBR3
38B BRL
Loading...
US
AutoNation Inc
NYSE:AN
7.1B USD
Loading...

Market Distribution

Lower than 90% of companies in New Zealand
Percentile
10th
Based on 251 companies
10th percentile
19%
Low
-127.6% — 37.1%
Typical Range
37.1% — 64.7%
High
64.7% — 107.2%
Distribution Statistics
New Zealand
Min -127.6%
30th Percentile 37.1%
Median 51%
70th Percentile 64.7%
Max 107.2%

2 Cheap Cars Group Ltd
Glance View

Market Cap
29.2m NZD
Industry
Retail

NZ Automotive Investments Ltd. provides cars and financing solutions. The firm operates throughout New Zealand via two subsidiaries: Automotive Retail and Vehicle Finance. Its Automotive Retail segment operates under the 2 Cheap Cars brand and is engaged in used vehicle retailing business in New Zealand with approximately 12 dealerships across the country. Its Finance segment operates under the NZ Motor Finance brand. The company lends finance to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products. The Company’s subsidiaries include 2 Cheap Cars Limited, NZ Motor Finance Limited, 2CC International Limited, 2 Cheap Rental Cars Limited, and Car Plus K.K. 2 Cheap Cars Limited is primarily engaged in sale of vehicles and from agent commissions relating to the sale of third-party finance and insurance products.

2CC Intrinsic Value
0.88 NZD
Undervaluation 27%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
19%
=
Gross Profit
NZ$14.8m
/
Revenue
NZ$77.9m
What is 2 Cheap Cars Group Ltd's current Gross Margin?

The current Gross Margin for 2 Cheap Cars Group Ltd is 19%, which is below its 3-year median of 21.2%.

How has Gross Margin changed over time?

Over the last 2 years, 2 Cheap Cars Group Ltd’s Gross Margin has decreased from 21% to 19%. During this period, it reached a low of 19% on Oct 30, 2025 and a high of 23.8% on Mar 31, 2024.

Back to Top