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Eagers Automotive Ltd (APE) Fair Value & Analysis

Consumer Cyclical · AU · Market cap A$5.8B (≈ $4.2B) · ISIN AU000000APE3

What is Eagers Automotive Ltd really worth?

EA Eagers Automotive Ltd APE · AU
PriceA$21.12
Fair ValueA$17.66
Upside−16.4%
Quality52/100

A solid business, but trading 20% above our fair value of A$17.66.

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Strengths

Low debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +8.3 %/yr)
!Thin margins · 1.7% net margin
!Mixed vs. peers (8/15)
!Narrow moat 43/100
!Weak on valuation: 11 out of 100

For context

·3.50% dividend yield
Evidence: High Range A$12.77 – A$22.07

Fair value as of: Aug 17, 2026

From 26 valuation models · updated 19 days ago

Share price −11.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
  • The price sits in the upper half of our model range, so the margin of safety is thin.
  • The data supports the verdict: every model runs on fully documented inputs.

Price vs Fair Value (5 years)

A$33.93 A$7.27 Fair Value A$17.66 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 17, 2026.

How to read this chart

60‑month range A$7.27 – A$33.93 · fair‑value band A$12.77 – A$22.07 · the A$21.12 price screens above the A$17.66 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 17, 2026.

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Analysis

Eagers Automotive Ltd (APE) currently trades at A$21.12, while our model-based Fair Value estimate is A$17.66, implying the stock looks roughly 19.6% overvalued today. The Quality Score stands at 52/100 (solid quality), in the Consumer Cyclical sector. Bull case: the DCF Models group reads highest at a median of A$31.22 per share, and 15 of the 26 models we run sit above the A$21.12 price. Bear case: the Asset-Based group reads lowest at A$4.41, and 11 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Eagers Automotive Ltd generated revenue of A$13.0B at a net margin of 1.7%. Revenue grew 14.3% year over year. It earns a return on equity of 15.7%. Net debt stands at A$3.3B. Fundamentals as of Aug 17, 2026

Our scenario range runs from A$12.77 (bear case) to A$22.07 (bull case); at A$21.12, 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 39% below its 52-week high and 32% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −13% fair-value upside, at −16%, APE screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly A$0.0812 per share, which is 0.5 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF A$17.11 A$31.22 A$55.41 77
Growth DCF A$16.86 A$29.42 A$49.99 76
Residual Income A$6.07 A$6.96 A$10.92 75
All 26 models by family
DCF Models
FCF DCF A$17.11 A$31.22 A$55.41 77
Owner Earnings A$13.68 A$24.96 A$44.32 73
5Y Revenue Exit A$18.70 A$34.27 A$55.80 70
5Y EBITDA Exit A$20.76 A$38.59 A$61.36 73
5Y P/E Exit A$13.79 A$23.97 A$35.67 70
10Y Revenue Exit A$17.32 A$31.83 A$54.82 64
10Y EBITDA Exit A$19.33 A$34.96 A$59.45 66
10Y P/E Exit A$14.78 A$24.38 A$38.06 63
Earnings-Based
Graham-Dodd A$5.46 A$26.94 A$37.14 64
Lynch FV A$7.25 A$10.36 A$13.47 61
PEG = 1.0 A$7.25 A$10.36 A$13.47 57
EPV A$15.34 A$17.78 A$19.88 74
Dividend Discount
Gordon GGM A$5.89 A$11.73 A$17.76 67
DDM Multi-Stage A$5.89 A$10.14 A$12.38 67
Multiples
P/E Multiple A$13.24 A$17.66 A$22.07 63
P/S Multiple A$10.23 A$13.65 A$17.06 58
P/B Multiple A$10.23 A$13.65 A$17.06 55
EV/EBIT A$29.17 A$38.92 A$48.68 66
EV/EBITDA A$24.35 A$32.50 A$40.65 67
EV/Revenue A$19.63 A$28.08 A$36.54 53
Asset-Based
NCAV (Graham) A$3.29 A$4.41 A$6.58 54
Growth DCF
Growth DCF A$16.86 A$29.42 A$49.99 76
Rev-Margin DCF A$18.70 A$33.74 A$53.56 71
Economic Profit
Residual Income A$6.07 A$6.96 A$10.92 75
ROIC Compounder A$17.48 A$23.18 A$30.32 72
Growth Earnings
Growth-Adj P/E A$11.44 A$16.35 A$21.25 67

Widest divergence: DCF Models (A$31.22) versus Asset-Based (A$4.41). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/E ratio 24.6
P/S ratio 0.43 P/E × margin
EPS (TTM) A$0.8600 price ÷ EPS = P/E 24.6
Dividend yield 3.5% payout 86.0%
Net margin 1.7% FY2025
Return on equity 15.7% TTM
More key figures
Profitability
Return on assets (EBIT) 11.2% avg 5y
Operating margin 4.6% TTM
Growth
Revenue (TTM) A$13.0B TTM
Revenue growth (YoY) +14.3% 3y avg +15.2%
EPS growth (YoY) +16.2%
Balance sheet & cash flow
Free cash flow A$388M FY2025
Net debt A$3.3B FY2025 · ≈ 8.5 yrs of FCF

Figures from reported company fundamentals · as of Aug 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 52 · Market factors (momentum, volatility) 38

Profitability 48
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 65
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Eagers Automotive Limited owns and operates motor vehicle dealerships in Australia and New Zealand. It operates in two segments, Car Retailing and Property.

Full company description

Eagers Automotive Limited owns and operates motor vehicle dealerships in Australia and New Zealand. It operates in two segments, Car Retailing and Property. The company offers a range of automotive products and services, including new and used vehicles, vehicle maintenance and repair services, vehicle parts, service contracts, vehicle brokerage services, vehicle protection products, and other aftermarket products. It also engages in facilitating financing for vehicle purchases through third-party sources; and motor auction and forklift rental business. In addition, the company acquires commercial properties primarily for use as facility premises for its motor dealership operations. The company was formerly known as A.P. Eagers Limited and changed its name to Eagers Automotive Limited in July 2020. Eagers Automotive Limited was founded in 1913 and is based in Newstead, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Eagers Automotive Ltd reported revenue of A$13.0B in FY2025 versus A$8.7B in FY2021, a compound +10.8%/yr. Reported net income was A$227M in FY2025, compounding −8.1%/yr from FY2021.

Growth Quality 69/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$13.0B
Latest YoY
+16.5%
Avg. revenue 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.
+15.2%
Avg. revenue 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.
+8.3%
Avg. revenue growth/yr (36Y) 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.
+14.8%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+2.5% (−1.0 + 3.5)
Revenue +10.8%/yr
FY21 A$8.7B
FY22 A$8.5B
FY23 A$9.9B
FY24 A$11.2B
FY25 A$13.0B
Net income −8.1%/yr
FY21 A$318M
FY22 A$308M
FY23 A$281M
FY24 A$205M
FY25 A$227M
Character of growth · EPS growth decomposed (2014-2025) +7.7 % p.a.
Revenue per share +10.9 %

of which total revenue +14.9 % · buybacks/dilution −3.5 %

EBIT margin +1.6 %
Tax rate −1.3 %
Residual (interest, one-offs) −3.2 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

APE screens 20% overvalued. Compare with Carvana Co →

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Cite: Fair Value Calculator (2026). "Eagers Automotive Ltd Fair Value". https://www.fairvalue-calculator.com/stock/APE

Peer Group

Auto & Truck Dealerships · 97 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 52 · Above median
Fair Value upside −16% · Below median
Return on equity (TTM) 16% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 2% · Above median
Operating margin (TTM) 5% · Above median
Revenue growth 14% · Above median
Dividend yield (TTM) 3.5% · Below median
Debt / equity 0.26× · Higher than median

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

P/E (TTM) 24.6× · Pricier than median
P/B 2.26× · Pricier than median
P/S (TTM) 0.32× · Cheaper than median
P/FCF 10.8× · Pricier than 75% of peers
EV/EBITDA 6.5× · Cheaper than median
PEG 1.91× · Pricier than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE11 · sector 32
FUTURE72 · sector 13
PAST63 · sector 20
HEALTH87 · sector 90
DIVIDEND70 · sector 71

Insider activity: 48/100

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

Similar stocks

10 more Auto & Truck Dealerships stocks, each showing price versus our Fair Value estimate (as of Aug 17, 2026).

Stock Price Fair Value vs Fair Value
Carvana Co CVNA $74.04 $17.59 −76%
Penske Automotive Group PAG $219.62 $217.41 −1%
D'Ieteren Group DIE €175.00 €105.40 −40%
Hotai Motor Co 2207 524.00 TWD 558.82 TWD +7%
CarMax, Inc KMX $62.11 $29.44 −53%
Lithia Motors, Inc LAD $369.61 $498.50 +35%
AutoNation, Inc AN $196.57 $329.77 +68%
AUTO1 Group AG1 €21.78 €5.84 −73%
Rush Enterprises, Inc RUSHA $76.27 $66.27 −13%
Valvoline Inc VVV $33.96 $24.55 −28%

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Frequently asked questions

Is Eagers Automotive Ltd (APE) overvalued or undervalued?
As of Aug 17, 2026, our model estimates a fair value of A$17.66 versus a price of A$21.12, about −16% upside (overvalued).
What is the fair value of APE?
Our model-based fair value for Eagers Automotive Ltd is A$17.66 (as of Aug 17, 2026), built from audited fundamentals. The current price: A$21.12.
What is the quality score of APE?
Eagers Automotive Ltd has a Quality Score of 52/100. 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 Eagers Automotive Ltd (APE)?
Eagers Automotive Ltd reported trailing-twelve-month revenue of about A$13.0B (latest available figure, as of Aug 17, 2026).
What is the net profit margin of APE?
The net profit margin of Eagers Automotive Ltd is about 1.7%, meaning it keeps roughly 1.7% of revenue as net income. Based on the latest reported figures.
Does Eagers Automotive Ltd pay a dividend?
Eagers Automotive Ltd currently shows a dividend yield of about 3.50% relative to its recent price (as of Aug 17, 2026).
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