AVIS BUDGET GROUP INC (CAR) Stock Fundamental Analysis
NASDAQ:CAR - Nasdaq - US0537741052 - Common Stock
CAR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 38 industry peers in the Ground Transportation industry. CAR has a medium profitability rating, but doesn't score so well on its financial health evaluation. CAR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CAR was profitable.
In the past year CAR had a positive cash flow from operations.
Of the past 5 years CAR 4 years were profitable.
CAR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CAR's Return On Assets of 1.21% is on the low side compared to the rest of the industry. CAR is outperformed by 68.42% of its industry peers.
CAR has a Return On Invested Capital of 4.86%. This is in the better half of the industry: CAR outperforms 60.53% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CAR is in line with the industry average of 7.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.21% | ||
| ROE | N/A | ||
| ROIC | 4.86% |
ROA(3y)7.12%
ROA(5y)3.75%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)8.66%
ROIC(5y)N/A
1.3 Margins
CAR has a worse Profit Margin (3.34%) than 63.16% of its industry peers.
In the last couple of years the Profit Margin of CAR has grown nicely.
CAR has a Operating Margin of 14.97%. This is in the better half of the industry: CAR outperforms 78.95% of its industry peers.
In the last couple of years the Operating Margin of CAR has grown nicely.
With a decent Gross Margin value of 61.72%, CAR is doing good in the industry, outperforming 71.05% of the companies in the same industry.
In the last couple of years the Gross Margin of CAR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.97% | ||
| PM (TTM) | 3.34% | ||
| GM | 61.72% |
OM growth 3YN/A
OM growth 5Y17.51%
PM growth 3YN/A
PM growth 5Y49.69%
GM growth 3Y15.77%
GM growth 5Y5.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CAR is still creating some value.
The number of shares outstanding for CAR has been reduced compared to 1 year ago.
Compared to 5 years ago, CAR has less shares outstanding
The debt/assets ratio for CAR is higher compared to a year ago.
2.2 Solvency
CAR has an Altman-Z score of 0.73. This is a bad value and indicates that CAR is not financially healthy and even has some risk of bankruptcy.
CAR has a worse Altman-Z score (0.73) than 76.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.73 |
ROIC/WACC0.9
WACC5.4%
2.3 Liquidity
A Current Ratio of 0.70 indicates that CAR may have some problems paying its short term obligations.
With a Current ratio value of 0.70, CAR is not doing good in the industry: 84.21% of the companies in the same industry are doing better.
CAR has a Quick Ratio of 0.70. This is a bad value and indicates that CAR is not financially healthy enough and could expect problems in meeting its short term obligations.
CAR has a worse Quick ratio (0.70) than 78.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
CAR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -76.18%.
The Earnings Per Share has been growing by 63.12% on average over the past years. This is a very strong growth
CAR shows a decrease in Revenue. In the last year, the revenue decreased by -1.43%.
Measured over the past years, CAR shows a small growth in Revenue. The Revenue has been growing by 5.65% on average per year.
EPS 1Y (TTM)-76.18%
EPS 3YN/A
EPS 5Y63.12%
EPS Q2Q%-60.37%
Revenue 1Y (TTM)-1.43%
Revenue growth 3Y30.51%
Revenue growth 5Y5.65%
Sales Q2Q%-2.36%
3.2 Future
The Earnings Per Share is expected to decrease by -22.99% on average over the next years. This is quite bad
Based on estimates for the next years, CAR will show a small growth in Revenue. The Revenue will grow by 0.87% on average per year.
EPS Next Y-91.45%
EPS Next 2Y-49.38%
EPS Next 3Y-22.99%
EPS Next 5YN/A
Revenue Next Year-2.03%
Revenue Next 2Y-0.15%
Revenue Next 3Y0.87%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.25 indicates a reasonable valuation of CAR.
94.74% of the companies in the same industry are more expensive than CAR, based on the Price/Earnings ratio.
CAR is valuated cheaply when we compare the Price/Earnings ratio to 28.29, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.27, which indicates a very decent valuation of CAR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CAR indicates a rather cheap valuation: CAR is cheaper than 94.74% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CAR to the average of the S&P500 Index (24.44), we can say CAR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.25 | ||
| Fwd PE | 8.27 |
4.2 Price Multiples
84.21% of the companies in the same industry are more expensive than CAR, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.83 |
4.3 Compensation for Growth
A cheap valuation may be justified as CAR's earnings are expected to decrease with -22.99% in the coming years.
PEG (NY)N/A
PEG (5Y)0.13
EPS Next 2Y-49.38%
EPS Next 3Y-22.99%
5. Dividend
5.1 Amount
CAR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AVIS BUDGET GROUP INC
NASDAQ:CAR (1/21/2025, 8:00:00 PM)
Premarket: 89.81 -0.49 (-0.54%)90.3
+0.11 (+0.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners98.66%
Inst Owner Change-0.64%
Ins Owners3.11%
Ins Owner Change0.53%
Market Cap3.17B
Analysts76.92
Price Target125.97 (39.5%)
Short Float %7.58%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend9.59
Dividend Growth(5Y)23.82%
DP89.65%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-51.88%
Min EPS beat(2)-84.3%
Max EPS beat(2)-19.47%
EPS beat(4)1
Avg EPS beat(4)-13%
Min EPS beat(4)-84.3%
Max EPS beat(4)69.33%
EPS beat(8)5
Avg EPS beat(8)22.74%
EPS beat(12)9
Avg EPS beat(12)38.9%
EPS beat(16)13
Avg EPS beat(16)64.54%
Revenue beat(2)0
Avg Revenue beat(2)-3.16%
Min Revenue beat(2)-3.82%
Max Revenue beat(2)-2.49%
Revenue beat(4)1
Avg Revenue beat(4)-1.03%
Min Revenue beat(4)-3.82%
Max Revenue beat(4)4.68%
Revenue beat(8)2
Avg Revenue beat(8)-0.98%
Revenue beat(12)6
Avg Revenue beat(12)1.27%
Revenue beat(16)9
Avg Revenue beat(16)2.54%
PT rev (1m)1.02%
PT rev (3m)-0.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-131.77%
EPS NY rev (1m)0%
EPS NY rev (3m)-51.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.97%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.25 | ||
| Fwd PE | 8.27 | ||
| P/S | 0.27 | ||
| P/FCF | N/A | ||
| P/OCF | 0.9 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.83 |
EPS(TTM)10.95
EY12.13%
EPS(NY)10.92
Fwd EY12.09%
FCF(TTM)-211.1
FCFYN/A
OCF(TTM)100.71
OCFY111.53%
SpS337.02
BVpS-6.77
TBVpS-56.74
PEG (NY)N/A
PEG (5Y)0.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.21% | ||
| ROE | N/A | ||
| ROCE | 6.03% | ||
| ROIC | 4.86% | ||
| ROICexc | 4.96% | ||
| ROICexgc | 5.28% | ||
| OM | 14.97% | ||
| PM (TTM) | 3.34% | ||
| GM | 61.72% | ||
| FCFM | N/A |
ROA(3y)7.12%
ROA(5y)3.75%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)8.66%
ROIC(5y)N/A
ROICexc(3y)8.87%
ROICexc(5y)N/A
ROICexgc(3y)9.62%
ROICexgc(5y)N/A
ROCE(3y)10.74%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y9.75%
ROICexc growth 3YN/A
ROICexc growth 5Y11.05%
OM growth 3YN/A
OM growth 5Y17.51%
PM growth 3YN/A
PM growth 5Y49.69%
GM growth 3Y15.77%
GM growth 5Y5.11%
F-Score6
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.14 | ||
| Cap/Depr | 395.99% | ||
| Cap/Sales | 92.52% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.95% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 0.73 |
F-Score6
WACC5.4%
ROIC/WACC0.9
Cap/Depr(3y)598.24%
Cap/Depr(5y)548.98%
Cap/Sales(3y)109.12%
Cap/Sales(5y)114.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-76.18%
EPS 3YN/A
EPS 5Y63.12%
EPS Q2Q%-60.37%
EPS Next Y-91.45%
EPS Next 2Y-49.38%
EPS Next 3Y-22.99%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.43%
Revenue growth 3Y30.51%
Revenue growth 5Y5.65%
Sales Q2Q%-2.36%
Revenue Next Year-2.03%
Revenue Next 2Y-0.15%
Revenue Next 3Y0.87%
Revenue Next 5YN/A
EBIT growth 1Y-27.63%
EBIT growth 3YN/A
EBIT growth 5Y24.14%
EBIT Next Year-66.19%
EBIT Next 3Y-16.67%
EBIT Next 5YN/A
FCF growth 1Y-39.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-26.35%
OCF growth 3Y76.94%
OCF growth 5Y7.97%