Turners Automotive Group Ltd
NZX:TRA
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Turners Automotive Group Ltd
NZX:TRA
|
NZ |
|
K
|
Korea Asset Investment Securities Co Ltd
KOSDAQ:190650
|
KR |
|
O
|
Origin Energy Ltd
XMUN:ORL
|
AU |
Intrinsic Value
The intrinsic value of Turners Automotive Group Ltd (TRA) under the Base Case is 7.12 NZD per share.
Compared with the current market price of 7.35 NZD, the stock appears
Overvalued by 3% .
The intrinsic value is calculated using the DCF method.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Turners Automotive Group Does
Turners Automotive Group is a New Zealand vehicle marketplace and services company. It sells used cars, trucks, and other vehicles through retail yards and auction channels, and it also helps people buy and sell vehicles online. In plain terms, it sits in the middle of the used-vehicle market and connects car owners, dealers, and buyers.
- Headquarters
- New Zealand NZ
- Employees
- 702
- IPO date
- Oct 15, 2003
The intrinsic value for Turners Automotive Group Ltd (TRA) under the Base Case is 7.12 NZD.
Compared with the current market price of 7.35 NZD, the stock appears Overvalued by 3% .