Obermatt

Turners Automotive

NZC:TRA · NZVNLE0001S1
Specialty RetailSmall

360

17
EV / EBIT65
Price / Owner Earnings7
Owner Earnings Yield46
Dividend Yield71
Price/Sales32
EV / Gross Profit20
Price/Book32
Return on Capital57
Cash Return on Capital44
Return on Equity60
EBIT Margin93
Gross Profitability31
Cash Conversion7
Accruals7
Owner Earnings Margin60
Sales growth47
Profit Growth28
Long-Term EPS Growth75
Owner Earnings Growth26
Reinvestment8
Price momentum88
Debt load15
Refinancing84
Debt Payback16
Liquidity63
Analyst ratings1
Opinion Changes50
Price Target Upside14
Market mood50
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Turners Automotive clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryNew Zealand
IndustrySpecialty Retail
SizeSmall
TypePublic Company
ExchangeNZSE
Founded1984
Employees39
ISINNZVNLE0001S1
Last UpdateApr 2, 2026
Themes
Insurance

Description

Turners Automotive Group Limited engages in the automotive retail business. The primary business of the company encompasses auto retail, which includes the remarketing of motor vehicles, trucks, heavy machinery, and commercial goods. Business Segmen…

Analysis

Middle-of-the-road

Turners Automotive Group Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 98.9×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 28% a year, against analyst forecasts of 12%. The market is pricing in far more than analysts expect: heroic expectations.

Growth is moderate; the safety picture is stretched. The company scores 8/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
6
2026

All-time high

6

Jun 2026

All-time low

1

Mar 2026

Average rank

4

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
32
Price/Earnings
27
Price/Book
32
Dividend Yield
71
Value (overall)
24

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →