EN DE

Turners Automotive Group (TRA) Fair Value & Analysis

Consumer Cyclical · AU · Market cap A$640M

TA Turners Automotive Group TRA · AU
PriceA$6.80
Fair ValueA$5.98
Upside-12.1%
Quality46/100
Watch Turners Automotive Group for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 8.5% net margin
Moderate debt · negative free cash flow
4.69% dividend yield
Mixed vs. peers (7/13)
Moderate moat 47/100
Evidence: High Range A$4.48 – A$7.60 Share as image

Fair value as of: Jul 15, 2026

From 17 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from A$9.33 to A$5.98 (−35.9%) since Jun 24, 2026. Share price −2.2% over the past month.

Below-average quality, and screening another 12% overvalued on our models.

What matters now

  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Our model range runs from A$4.48 (bear) to A$7.60 (bull), base A$5.98. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 46/100 (below-average quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

A$7.16 A$2.07 Fair Value A$5.98 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range A$2.07 – A$7.16 · fair‑value band A$4.48 – A$7.60 · the A$6.80 price screens above the A$5.98 fair value. Dashed = 300-day average. As of Jul 15, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Turners Automotive Group (TRA) currently trades at A$6.80, while our model-based Fair Value estimate is A$5.98, implying the stock looks roughly 12.1% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Turners Automotive Group generated revenue of A$450M at a net margin of 8.5%. Revenue grew 13.5% year over year. It earns a return on equity of 12.4%. Net debt stands at A$590M. Fundamentals as of Jul 15, 2026

Our scenario range runs from A$4.48 (bear case) to A$7.60 (bull case); at A$6.80, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 7% below its 52-week high and 40% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -14% fair-value upside, at -12%, TRA screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income A$3.08 A$3.45 A$5.04 76
ROIC Compounder A$2.17 A$3.06 A$4.18 72
Gordon GGM A$1.89 A$3.40 A$4.69 70
All 17 models by family
DCF Models
Owner Earnings A$0.0300 31
Earnings-Based
Graham-Dodd A$2.87 A$20.03 A$28.11 54
Lynch FV A$7.73 A$11.04 A$14.35 50
PEG = 1.0 A$7.73 A$11.04 A$14.35 46
EPV A$2.17 A$3.06 A$3.80 59
Dividend Discount
Gordon GGM A$1.89 A$3.40 A$4.69 70
DDM Multi-Stage A$1.89 A$3.11 A$3.64 61
Multiples
P/E Multiple A$6.97 A$9.29 A$11.62 63
P/S Multiple A$4.47 A$5.96 A$7.45 58
P/B Multiple A$5.39 A$7.18 A$8.98 55
EV/EBIT A$9.26 A$13.78 A$18.30 53
EV/EBITDA A$5.84 A$9.22 A$12.61 54
EV/Revenue A$1.65 A$3.44 43
Asset-Based
NCAV (Graham) A$1.76 A$2.36 A$3.52 50
Economic Profit
Residual Income A$3.08 A$3.45 A$5.04 76
ROIC Compounder A$2.17 A$3.06 A$4.18 72
Growth Earnings
Growth-Adj P/E A$9.99 A$14.27 A$18.56 68

Widest divergence: Growth Earnings (A$14.27) versus Asset-Based (A$2.36). Highest evidence: Residual Income (76).

Notify me when TRA reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) A$450M
Revenue growth (YoY) +12.8%
Net margin 8.5%
Return on equity 12.4%
Free cash flow −A$118M FY2026
P/E ratio 20.1
More key figures
Operating margin 10.5%
EPS (TTM) A$0.3500
Dividend yield 4.7%
EPS growth (YoY) -16.8%
Net debt A$590M FY2026

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 41 · Market factors (momentum, volatility) 73

Profitability 36
Margins and returns on capital today
Quality Growth 69
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 15
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 79
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Turners Automotive Group Limited engages in the automotive retail business in New Zealand and Australia. It operates through Auto Retail, Finance, Insurance, and Credit Management segments. The Auto Retail segment engages in remarketing of motor vehicles, trucks, heavy machinery, and commercial goods; and purchasing goods for sale.

Full company description

Turners Automotive Group Limited engages in the automotive retail business in New Zealand and Australia. It operates through Auto Retail, Finance, Insurance, and Credit Management segments. The Auto Retail segment engages in remarketing of motor vehicles, trucks, heavy machinery, and commercial goods; and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and SMEs. The Insurance segment markets and administers a range of life and consumer insurance products. The Credit Management segment provides collection, credit management, and debt recovery services to the corporate and SME sectors. It is also involved in the vehicle subscription, auction, property, and trustee businesses, as well as in the turners servicing and repair business. The company was formerly known as Turners Limited and changed its name to Turners Automotive Group Limited in May 2017. Turners Automotive Group Limited was incorporated in 1984 and is based in Auckland, New Zealand.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Turners Automotive Group reported revenue of A$452M in FY2026 versus A$342M in FY2022, a compound +7.2%/yr. Reported net income was A$38.4M in FY2026, compounding +5.3%/yr from FY2022.

Growth Quality 43/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
A$452M
Latest YoY
+77.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.8%
Avg. growth/yr (24Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.0%
Revenue +7.2%/yr
FY22 A$342M
FY23 A$389M
FY24 A$344M
FY25 A$255M
FY26 A$452M
Net income +5.3%/yr
FY22 A$31.3M
FY23 A$32.6M
FY24 A$33.0M
FY25 A$38.6M
FY26 A$38.4M
Character of growth · EPS growth decomposed (2015-2026) +5.8 % p.a.
Revenue per share +7.1 pp

of which total revenue +9.9 pp · buybacks/dilution −2.8 pp

EBIT margin −5.2 pp
Tax rate −1.6 pp
Residual (interest, one-offs) +5.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

TRA screens 12% overvalued. Compare with Carvana Co →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Turners Automotive Group Fair Value". https://www.fairvalue-calculator.com/stock/TRA

Peer Group

Auto & Truck Dealerships · 102 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 46 · Below median
Fair Value upside −12% · Below median
Return on equity (TTM) 12% · Above median
Return on assets 4% · Above median
Net margin (TTM) 8% · Top 25%
Operating margin (TTM) 11% · Top 25%
Revenue growth 13% · Above median
Dividend yield (TTM) 4.7% · Above median
Debt / equity 1.29× · Higher than 75% of peers

Valuation Multiples vs Auto & Truck Dealerships median · lower = cheaper

P/E (TTM) 20.1× · Pricier than median
P/B 1.41× · Cheaper than median
P/S (TTM) 1.00× · Pricier than 75% of peers
EV/EBITDA 11.4× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 17 · sector 21
FUTURE 64 · sector 9
PAST 50 · sector 20
HEALTH 36 · sector 89
DIVIDEND 94 · sector 49

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Auto & Truck Dealerships stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
Carvana Co CVNA $70.38 $24.58 -65%
Penske Automotive Group PAG $202.66 $241.86 +19%
Hotai Motor Co 2207 476.50 TWD 576.75 TWD +21%
CarMax, Inc KMX $58.47 $29.62 -49%
Lithia Motors, Inc LAD $339.16 $610.95 +80%
AutoNation, Inc AN $205.72 $329.77 +60%
Rush Enterprises, Inc RUSHA $76.89 $66.27 -14%
Valvoline Inc VVV $38.64 $24.57 -36%
OPENLANE, Inc OPLN $39.46 $33.81 -14%
Eagers Automotive Limited APE A$20.83 A$17.66 -15%

Compare Turners Automotive Group with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Turners Automotive Group (TRA) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of A$5.98 versus a price of A$6.80, about −12% (overvalued).
What is the fair value of TRA?
Our model-based fair value for Turners Automotive Group is A$5.98 (as of Jul 15, 2026), built from audited fundamentals. The current price is A$6.80.
What is the quality score of TRA?
Turners Automotive Group has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Turners Automotive Group (TRA)?
Turners Automotive Group reported trailing-twelve-month revenue of about A$450M (latest available figure, as of Jul 15, 2026).
What is the net profit margin of TRA?
The net profit margin of Turners Automotive Group is about 8.5%, meaning it keeps roughly 8.5% of revenue as net income. Based on the latest reported figures.
Does Turners Automotive Group pay a dividend?
Turners Automotive Group currently shows a dividend yield of about 4.67% relative to its recent price (as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Turners Automotive Group and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.