3.56%
-29.39%
-49.02%
-19.38%
-32.66%
-28.53%
-10.73%
AI Spotlight on TRUE
Company Description
TrueCar, Inc.operates as an internet-based information, technology, and communication services company in the United States.It operates its platform on the TrueCar website and mobile applications.
Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers.The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios.In addition, it provides accurate, geographically specific, and real-time pricing information for consumers and dealers; TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; and DealerScience that provides dealers with advanced digital retailing software tools.
The company was formerly known as Zag.com Inc.TrueCar, Inc.was incorporated in 2005 and is headquartered in Santa Monica, California.
Market Data
| Last Price | 2.33 |
| Change Percentage | 3.56% |
| Open | 2.24 |
| Previous Close | 2.25 |
| Market Cap ( Millions) | 203 |
| Volume | 346566 |
| Year High | 4.62 |
| Year Low | 2.16 |
| M A 50 | 3.39 |
| M A 200 | 3.39 |
Financial Ratios
| FCF Yield | -0.08% |
| Dividend Yield | 0.00% |
| ROE | -22.74% |
| Debt / Equity | 9.55% |
| Net Debt / EBIDTA | 690.17% |
| Price To Book | 1.78 |
| Price Earnings Ratio | -6.77 |
| Price To FCF | -1278.66 |
| Price To sales | 1.16 |
| EV / EBITDA | -7.05 |
News
- Feb -21 - TrueCar's Outlook Is Cloudy, Analyst Downgrades Stock Seeking More Visibility
- Feb -20 - Here's Why TrueCar (TRUE) is Poised for a Turnaround After Losing -19.13% in 4 Weeks
- Feb -19 - TrueCar, Inc. (TRUE) Q4 2024 Earnings Call Transcript
- Feb -19 - TrueCar (TRUE) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- Feb -18 - TrueCar (TRUE) Reports Q4 Loss, Misses Revenue Estimates
- Feb -13 - TrueCar (TRUE) Upgraded to Buy: Here's Why
- Feb -05 - TrueCar to Announce Fourth Quarter 2024 Financial Results in Stockholder Letter on February 18
- Jan -27 - NATURE'S OWN MAKES WISHES COME TRUE WITH $500,000 MAKE-A-WISH DONATION
- Dec -26 - TrueCar DrivenToDrive Program Awards Army Veteran with Brand New Vehicle
- Nov -09 - TrueCar, Inc. (TRUE) Q3 2024 Earnings Call Transcript
- Nov -07 - TrueCar (TRUE) Reports Q3 Earnings: What Key Metrics Have to Say
- Nov -06 - TrueCar (TRUE) Reports Q3 Loss, Tops Revenue Estimates
- Oct -30 - INEOS Automotive Partners with TrueCar to Show Support to Military Members
- Oct -24 - TrueCar to Announce Third Quarter 2024 Financial Results in Stockholder Letter on November 6
- Oct -01 - Treatment.com AI to Present at The 2024 Cantech Letter Conference in Toronto, ON
- Aug -16 - TrueCar Announces Appointment of Jill Angel as Chief Operating Officer
- Aug -06 - TrueCar (TRUE) Reports Q2 Loss, Lags Revenue Estimates
- Aug -05 - TrueCar Releases Second Quarter 2024 Financial Results and Stockholder Letter
- Jul -23 - TrueCar to Announce Second Quarter 2024 Financial Results in Stockholder Letter on August 5
- Jul -17 - TrueCar Continues to Revolutionize the Car Buying Experience with the Launch of the New TrueCar+
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Dealer
Expected Growth : 12 %
What the company do ?
A Dealer from TrueCar, Inc. is a certified automotive retailer that lists their inventory on TrueCar, providing a trusted and transparent car-buying experience.
Why we expect these perspectives ?
TrueCar's dealer segment growth is driven by increasing adoption of digital retailing, rising demand for online car buying platforms, and strategic partnerships with OEMs and dealerships. Additionally, the company's focus on improving user experience, enhancing dealer tools, and expanding its network of certified dealers contribute to its 12% growth.
Segment n°2 -> OEM Incentives
Expected Growth : 14 %
What the company do ?
OEM Incentives from TrueCar, Inc. are manufacturer-sponsored discounts and rebates offered to customers, often on specific models, to drive sales and increase brand loyalty.
Why we expect these perspectives ?
OEM incentives from TrueCar, Inc. grew 14% driven by increasing demand for online car buying platforms, rising competition among OEMs to offer attractive incentives, and TrueCar's expanding partnerships with dealerships and OEMs, resulting in higher incentive volumes and revenue.
Segment n°3 -> Other
Expected Growth : 11 %
What the company do ?
Other from TrueCar, Inc. refers to the remaining revenue streams, including data and trade-in products, not classified under the Used Vehicles or Wholesale segments.
Why we expect these perspectives ?
TrueCar's 11% growth is driven by increasing online car buying adoption, expansion of its dealer network, and rising demand for digital car shopping experiences. Additionally, the company's investments in data analytics and AI-powered car matching technology have improved user experience, leading to higher conversion rates and revenue growth.
Truecar, Inc. Products
| Product Range | What is it ? |
|---|---|
| TrueCar Certified Dealer Network | A network of certified dealerships that provide a hassle-free car buying experience |
| TrueCar Trade | A platform that allows consumers to get an instant cash offer for their vehicle |
| TrueCar Military | A car buying program exclusively for military personnel and their families |
| TrueCar for Dealers | A suite of tools and services for dealerships to manage their inventory and sales |
| TrueCar Analytics | A data analytics platform that provides insights on the automotive market |
| TrueCar Advertising | A targeted advertising platform for automotive brands and dealerships |
TrueCar, Inc.'s Porter Forces
Threat Of Substitutes
TrueCar, Inc. faces moderate threat from substitutes, as customers have limited alternatives for buying and selling cars online.
Bargaining Power Of Customers
TrueCar, Inc. has high bargaining power of customers, as customers have many options for buying and selling cars online, and can easily switch to competitors.
Bargaining Power Of Suppliers
TrueCar, Inc. has low bargaining power of suppliers, as it relies on a large network of dealerships and manufacturers to provide car listings.
Threat Of New Entrants
TrueCar, Inc. faces moderate threat from new entrants, as entering the online car buying and selling market requires significant investment and partnerships with dealerships and manufacturers.
Intensity Of Rivalry
TrueCar, Inc. operates in a highly competitive market, with many established players and new entrants competing for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 8.25% |
| Debt Cost | 3.95% |
| Equity Weight | 91.75% |
| Equity Cost | 12.42% |
| WACC | 11.72% |
| Leverage | 8.99% |
TrueCar, Inc. : Quality Control
TrueCar, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GRPN | Groupon, Inc., together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on … |
| SCOR | comScore, Inc. operates as an information and analytics company that measures advertising, consumer behavior, and audiences across media platforms in the United States, Europe, Latin America, Canada, and internationally. The … |
| SEAT | Vivid Seats Inc. operates as an online secondary marketplace for tickets in the United States and Canada. The company operates in two segments, Marketplace and Resale. The Marketplace segment acts … |
| BZFD | BuzzFeed, Inc., a digital media company, provides breaking news, original reporting, entertainment, and videos across the social web to its global audience. It provides BuzzFeed, a go-to authority for entertainment, … |
| MAX | MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Vivid Seats
A-Score
1-Year Total Return ->
🥈
BuzzFeed
A-Score
1-Year Total Return ->
🥉
TrueCar
A-Score
1-Year Total Return ->
4
comScore
A-Score
1-Year Total Return ->
5
Groupon
A-Score
1-Year Total Return ->
6
