Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Turners Automotive Group Limited is a company primarily engaged in automotive sales and related services across New Zealand and Australia. Its extensive operations are structured into four distinct segments: Automotive Retail, Finance, Credit Management, and Insurance. Within the Automotive Retail division, the company focuses on acquiring and reselling a diverse range of items, from motor vehicles and trucks to heavy machinery and various commercial assets. The Finance segment is dedicated to supplying asset-backed financial solutions for both individual consumers and small-to-medium-sized enterprises (SMEs). Furthermore, its Credit Management arm provides essential services such as debt collection, credit oversight, and recovery to corporate entities and SMEs alike. Rounding out its offerings, the Insurance segment manages the promotion and administration of various life, consumer, and savings insurance products. Historically, the company operated as Turners Limited before officially changing its name to Turners Automotive Group Limited in May 2017. Founded in 1984, its corporate headquarters are located in Auckland, New Zealand.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, 'expens
Target Price
The average target price of TRA.NZ is 8.3 and suggests 0% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec