TRUECAR, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.08 USD | +1.65% |
|
+8.07% | -10.98% |
| May. 01 | B. Riley Securities Adjusts TrueCar's Price Target to $3.30 From $4.10, Keeps Neutral Rating | MT |
| Apr. 30 | Transcript : TrueCar, Inc., Q1 2024 Earnings Call, Apr 30, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 506.3 | 437.2 | 326.1 | 221.2 | 314.1 | 282.3 | - | - |
| Enterprise Value (EV) 1 | 324.8 | 168.7 | 86.17 | 50.16 | 180.4 | 170 | 189.3 | 282.3 |
| P/E ratio | -9.13 x | 5.75 x | -8.72 x | -1.93 x | -6.29 x | -15.3 x | -32 x | -38.5 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.43 x | 1.57 x | 1.41 x | 1.37 x | 1.98 x | 1.55 x | 1.34 x | 1.18 x |
| EV / Revenue | 0.92 x | 0.61 x | 0.37 x | 0.31 x | 1.14 x | 0.94 x | 0.9 x | 1.18 x |
| EV / EBITDA | 17.2 x | 4.01 x | 17.6 x | -1.68 x | -13.2 x | 20.8 x | 9.75 x | 10.3 x |
| EV / FCF | 35.8 x | 5.85 x | 24.6 x | -1.23 x | -5.27 x | -36.2 x | 66.8 x | 42.1 x |
| FCF Yield | 2.79% | 17.1% | 4.07% | -81.4% | -19% | -2.76% | 1.5% | 2.37% |
| Price to Book | 1.55 x | 1.09 x | 1 x | 1.13 x | 1.94 x | 2 x | 2.16 x | - |
| Nbr of stocks (in thousands) | 106,596 | 104,094 | 95,922 | 88,113 | 90,780 | 91,668 | - | - |
| Reference price 2 | 4.750 | 4.200 | 3.400 | 2.510 | 3.460 | 3.080 | 3.080 | 3.080 |
| Announcement Date | 2/20/20 | 2/24/21 | 2/22/22 | 2/24/23 | 2/20/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 353.9 | 278.7 | 231.7 | 161.5 | 158.7 | 181.6 | 210 | 238.8 |
| EBITDA 1 | 18.92 | 42.1 | 4.889 | -29.95 | -13.69 | 8.167 | 19.41 | 27.45 |
| EBIT 1 | -56.82 | -18.52 | -33.48 | -125.7 | -56.47 | -23.37 | -13.21 | -12.1 |
| Operating Margin | -16.06% | -6.64% | -14.45% | -77.82% | -35.58% | -12.87% | -6.29% | -5.07% |
| Earnings before Tax (EBT) 1 | -54.6 | -19.84 | -38.16 | -121.2 | -49.75 | -18.72 | -9.106 | -8.05 |
| Net income 1 | -54.89 | 77.69 | -38.33 | -118.7 | -49.77 | -18.14 | -8.747 | -7.65 |
| Net margin | -15.51% | 27.88% | -16.54% | -73.48% | -31.36% | -9.99% | -4.16% | -3.2% |
| EPS 2 | -0.5200 | 0.7300 | -0.3900 | -1.300 | -0.5500 | -0.2016 | -0.0963 | -0.0800 |
| Free Cash Flow 1 | 9.06 | 28.84 | 3.505 | -40.82 | -34.22 | -4.7 | 2.833 | 6.7 |
| FCF margin | 2.56% | 10.35% | 1.51% | -25.27% | -21.56% | -2.59% | 1.35% | 2.81% |
| FCF Conversion (EBITDA) | 47.89% | 68.51% | 71.69% | - | - | - | 14.6% | 24.41% |
| FCF Conversion (Net income) | - | 37.12% | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 2/20/20 | 2/24/21 | 2/22/22 | 2/24/23 | 2/20/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 45.86 | 43.53 | 42.28 | 39.05 | 36.66 | 36.98 | 39.29 | 41.15 | 41.29 | 41.05 | 44.32 | 47.41 | 48.68 | 48.46 | 49.78 |
| EBITDA 1 | -3.385 | -6.306 | -4.98 | -8.667 | -9.993 | -11.33 | -5.258 | 0.832 | 2.06 | 0.936 | 0.407 | 2.532 | 4.3 | 4.507 | 4.976 |
| EBIT 1 | -11.34 | -14.13 | -13.97 | -78.12 | -19.47 | -21.17 | -22.15 | -9.58 | -3.573 | -7.485 | -7.232 | -5.045 | -3.272 | -3.11 | -2.641 |
| Operating Margin | -24.72% | -32.47% | -33.04% | -200.05% | -53.11% | -57.24% | -56.36% | -23.28% | -8.65% | -18.23% | -16.32% | -10.64% | -6.72% | -6.42% | -5.3% |
| Earnings before Tax (EBT) 1 | -15.78 | -12.36 | -13.59 | -77.24 | -18.05 | -19.56 | -20.42 | -7.874 | -1.899 | -5.841 | -5.931 | -3.892 | -2.142 | -1.498 | -0.992 |
| Net income 1 | -15.79 | -12.41 | -11.02 | -77.11 | -18.14 | -19.56 | -20.42 | -7.875 | -1.902 | -5.848 | -5.608 | -3.642 | -1.966 | -1.5 | -0.993 |
| Net margin | -34.43% | -28.52% | -26.07% | -197.46% | -49.47% | -52.91% | -51.98% | -19.14% | -4.61% | -14.25% | -12.65% | -7.68% | -4.04% | -3.1% | -1.99% |
| EPS 2 | -0.1600 | -0.1300 | -0.1200 | -0.8500 | -0.2100 | -0.2200 | -0.2300 | -0.0900 | -0.0200 | -0.0600 | -0.0625 | -0.0500 | -0.0300 | -0.0200 | -0.0100 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/22/22 | 5/9/22 | 8/3/22 | 11/7/22 | 2/24/23 | 5/8/23 | 8/1/23 | 11/6/23 | 2/20/24 | 4/29/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 182 | 269 | 240 | 171 | 134 | 112 | 93 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 9.06 | 28.8 | 3.51 | -40.8 | -34.2 | -4.7 | 2.83 | 6.7 |
| ROE (net income / shareholders' equity) | -1.03% | 5.67% | -3.05% | -16.3% | -13.8% | -5.52% | 0.32% | - |
| ROA (Net income/ Total Assets) | -0.82% | 4.59% | -2.57% | -13.4% | -10.8% | -4.22% | 0.23% | - |
| Assets 1 | 6,673 | 1,694 | 1,490 | 883.5 | 459.4 | 429.6 | -3,820 | - |
| Book Value Per Share 2 | 3.060 | 3.840 | 3.390 | 2.230 | 1.780 | 1.540 | 1.430 | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 11.3 | 10.3 | 10.7 | 11.7 | 11.8 | 13 | 14.5 | 16 |
| Capex / Sales | 3.19% | 3.69% | 4.61% | 7.23% | 7.44% | 7.16% | 6.9% | 6.7% |
| Announcement Date | 2/20/20 | 2/24/21 | 2/22/22 | 2/24/23 | 2/20/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
3.08
USD
Average target price
3.825
USD
Spread / Average Target
+24.19%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.98% | 282M | |
| +30.04% | 457B | |
| +31.55% | 276B | |
| +6.35% | 137B | |
| +29.61% | 93.68B | |
| +4.83% | 90.6B | |
| +58.99% | 59.25B | |
| +12.88% | 45.65B | |
| +24.63% | 37.59B | |
| -0.23% | 35.62B |
- Stock Market
- Equities
- TRUE Stock
- Financials TrueCar, Inc.
