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Carsales.com

 

Buy Carsales.com shares

CARSALES.COM (CAR) Shares

ABOUT CARSALES.COM

Carsales.com Limited is an online marketplace specializing in automotive, motorcycle and marine classifieds business in Australia.

The company broadened its portfolio through a history of acquisitions, beginning with the purchase of Quicksales in 2010 for US Dollar 1.1 million. In 2015 the company acquired 65% of SoloAutos for US Dollar 9 million, and 83% of ChileAutos for US Dollar 20 million in the following year. In 2017 the company also acquired DeMotores and SK Encar.

Today the company is the largest online automotive, motorcycle and marine classifieds business in Australia, with a network of websites that includes carsales.com.au, motoring.com.au, bikesales.com.au, boatsales.com.au, and RedBook.com.au.

The company is headquartered in Cremorne, Australia.

OVERVIEW OF CARSALES.COM

  • Carsales.com employs over 600 people in Australia and develops world leading technology and advertising solutions that drive its business around the world. The company has operations across the Asia Pacific region and has interests in leading automotive classified businesses in Brazil, South Korea, Malaysia, Indonesia and Thailand.

  • The company’s offering is enhanced by other value-added services such as software services, specification data, vehicle news and reviews, stocking and pricing tools for dealers, data and insights for all its customers, finance, inspections, warranty and tyre products. The company’s commercial customers are core to the strength of the business, and it continues to innovate to deliver new solutions and results that support and improve the success of their businesses.

  • The company continues to broaden the reach of its operations with interests in leading classified marketplaces in high growth, developing markets in Brazil, South Korea, Chile, Mexico and Argentina. It leverages world-class technology and IP to accelerate the growth of its eco-systems in each market to deliver world-class customer-centric solutions which help all customers buy, sell and own in a streamlined manner.

  • The company has 1 billion user sessions annually on its sites around the world, with over 32 500 car deal customers globally. The company records over 850 000 cars for sale around the world at any point in time, with over 90 % of Australian car dealers on the carsales platform. It has a leading position in 5 of the countries in which it operates and is listed as the most preferred site for buying and selling cars in Australia.

VISION & VALUES OF CARSALES.COM

  • Carsales.com holds core values of Environmental, Social and Governance responsibilities. To this end, the company’s goal is to lower its environmental footprint by utilizing several measures to minimize waste, consumption of materials, energy and water, including employing sustainable cleaning, waste and recycling practices.

  • The company uses recycled materials and has removed personal wastepaper bins from desks to ensure all waste is recycled in the correct manner. As a business its only purchases 100% recycled paper and enforces printing limits including default double-sided, black and white printing.

MARKET PERFORMANCE OF CARSALES.COM

  • Carsales.com Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol –CAR. Data from the company’s 2019 financial analysis shows a solid financial performance with revenue up 11% to US Dollar 417.5 million. In more challenging economic conditions, its core classifieds businesses continue to perform well, with its dealer business proving resilient with 7% revenue growth.

  • Its international companies continued to grow, with adjusted earnings before interest, tax, depreciation and amortization (EBITDA) up 7% to US Dollar 210.1 million. This performance reflects the ongoing expansion of margins in the company’s core business, as it continues to utilize its operating leverage, offset by lower margins in its early stage businesses.

  • Adjusted Net Profit After Tax (NPAT) increased 3% to US Dollar 131.3 million reflecting strong returns to shareholders in a year of continued investment in the business for long-term growth.

  • The company’s diverse revenue streams and ongoing commitment to developing new products and entering new markets has delivered a strong share price with flourishing yields in dividends for investors.

Buy CARSALES.COM stocks / shares – A Step by Step Guide how to Buy / Purchase CARSALES.COM Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy CARSALES.COM Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CARSALES.COM STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE CARSALES.COM STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CARSALES.COM stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy CARSALES.COM stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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