Turners Automotive Group Ltd

  • IPO date:
  • Sector: Consumer Cyclical
  • GIC Group: Consumer Discretionary Distribution & Retail
  • Industry: Auto & Truck Dealerships
  • Company website

Company description

Turners Automotive Group Limited engages in the automotive retail business in New Zealand and Australia. It operates through Auto Retail, Finance, Credit Management, and Insurance segments. The Auto Retail segment engages in purchasing and remarketing of motor vehicles, trucks, heavy machinery, and commercial goods. The Finance segment provides asset-based finance to consumers and SME's. The Credit Management segment offers collection, credit management, and debt recovery services to the corporate and SME sectors. The Insurance segment engages in marketing and administration of a range of life and consumer insurance products. The company engages in the auction and property businesses. The company was formerly known as Turners Limited and changed its name to Turners Automotive Group Limited in May 2017. Turners Automotive Group Limited was incorporated in 1984 and is based in Auckland, New Zealand.

Financial highlights

Market Capitalization$284.4287 million
P/E Ratio9.22
P/E Growth Ratio
Book Value3.14
Dividend Per Share0.23
Earnings Per Share0.35
EBITDA56,117
Profit Margin0.0837
Operating Margin TTM0.1327
Return on Assets TTM0.0385
Return on Equity TTM0.1241
Revenue TTM389,032

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
1996-03-31
1997-03-31
1998-03-31
1999-03-31
2000-03-31
2001-03-31 18,879.477
2002-03-31 45,885 45,885 29,578.317
2003-03-31 14,279 8,876 5,403 29,569
2004-03-31 18,709.03068 18,709.03068 40,564.85356
2005-03-31 56,219
2006-03-31 28,360 28,360 65,200
2007-03-31 31,698 31,698 65,743
2008-03-31 4,954 3,676 1,278 32,385
2009-03-31 1,604 1,604 47,136
2010-03-31 8,774 8,774 26,037
2011-03-31 4,388 4,388 12,328
2012-03-31 2,791 2,791 8,345
2013-03-31 11,335 11,335 6,582
2014-03-31 21,262 21,262 14,103
2015-03-31 50,056 50,056 33,468
2016-03-31 98,558 92,272 98,558 56,299
2017-03-31 158,246 157,463 158,246 64,831
2018-03-31 279,073 137,332 141,741 147,661
2019-03-31 159,438 133,126 26,312 146,837
2020-03-31 332,174 135,003 197,171 153,052
2021-03-31 296,512 116,036 180,476 138,850
2022-03-31 342,029 153,173 188,856 137,291
2023-03-31 389,027 173,986 215,041 150,171

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
1996-03-31 7,845
1997-03-31 8,851.037 54,091.448 46,150.044 30,246.96 11,949.123
1998-03-31 2,651.817 65,915.571 57,237.113 42,205.656 12,260.063
1999-03-31 51,568.843 92,068.123 81,284.103 55,992.553 13,290.778
2000-03-31 6,341.08 132,346.705 118,316.644 71,613.607 15,087.348
2001-03-31 11,131.557 167,928.186 150,301.721 72,452.687 16,223.473
2002-03-31 4,771.144 206,586.597 186,389.383 93,203.639 16,223.473
2003-03-31 15,748 266,393 243,561 117,363 16,223
2004-03-31 44,894 349,387 319,175 157,719 19,164
2005-03-31 23,476 390,642 352,189 166,355 23,075
2006-03-31 65,752 465,159 411,230 176,976 33,069
2007-03-31 34,527 474,485 404,219 195,052 48,271
2008-03-31 33,872 308,323 266,638 46,923
2009-03-31 13,912 149,253 133,016 46,907
2010-03-31 2,374 108,889 111,727 46,907
2011-03-31 4,439 74,401 48,634 15,666 60,850
2012-03-31 3,467 73,559 49,392 13,787 60,850
2013-03-31 5,184 103,955 70,765 67,846
2014-03-31 5,555 126,682 52,630 101,417
2015-03-31 12,339 328,972 207,970 110,954 135,294
2016-03-31 13,810 362,303 232,491 121,351 53,465 136,127
2017-03-31 69,069 556,633 384,917 51,861 214,028 168,809
2018-03-31 25,145 651,985 437,662 226 205,974 199,148
2019-03-31 15,866 653,912 427,538 34,981 277,882 206,395
2020-03-31 32,771 708,392 485,337 213,825 136,539 204,327
2021-03-31 11,867 718,451 484,881 42,262 339,611 204,297
2022-03-31 13,373 825,693 573,296 6,082 412,761 205,482
2023-03-31 11,845 851,941 579,691 439,155 207,076

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
1997-03-31 120.93 3,413.336 5,433.794 8,847.13
1998-03-31 1,002.654 -6,286.406 8,847.13 2,560.724 288.27
1999-03-31 1,817.615 5,940.412 2,560.724 8,501.136 630.362
2000-03-31 2,506.773 -2,178.907 8,501.136 6,322.229 925.3
2001-03-31 3,003.93 4,809.328 6,322.229 11,131.557 1,090.426
2002-03-31 3,722.4 -6,360.413 11,131.557 4,771.144 1,155.539
2003-03-31 4,017 10,977 4,771 15,748 1,391
2004-03-31 6,056 29,146 15,748 44,894 1,617
2005-03-31 -4 -21,418 44,894 23,476 2,197
2006-03-31 8,145 42,276 23,476 65,752 2,664
2007-03-31 3,058 -31,225 65,752 34,527 3,309
2008-03-31 -18,061 -1,910 35,782 33,872 3,068
2009-03-31 -25,432 -19,960 33,872 13,912
2010-03-31 -19,075 -11,538 13,912 2,374
2011-03-31 14,097 2,065 2,374 4,439
2012-03-31 -1,600 -972 4,439 3,467
2013-03-31 1,715 1,717 3,467 5,184
2014-03-31 8,210 371 5,184 5,555
2015-03-31 17,960 6,784 5,555 12,339 4,996
2016-03-31 15,602 13,399 1,471 12,339 13,810 7,596
2017-03-31 17,574 -13,559 55,259 13,810 69,069 8,595
2018-03-31 23,360 -81,485 -43,924 69,069 25,145 11,417
2019-03-31 22,719 -15,021 -9,279 25,145 15,866 15,214
2020-03-31 20,953 -32 16,905 15,866 32,771 14,742
2021-03-31 26,864 10,878 -20,904 32,771 11,867 17,200
2022-03-31 31,281 10,702 1,506 11,867 13,373 13,770
2023-03-31 32,566 32,566 -1,528 13,373 11,845 19,896