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Asbury Automotive Group Inc

ABG

Retail-Auto Dealers & Gasoline Stations

Mkt Cap

$4.723B

PE

8.31

Debt

$3.193B

Cash

$29M

EV

$7.886B

FCF

-

Market Cap

$4.723B

P/E Ratio

8.31

Debt

$3.193B

Cash

$29M

EV

$7.886B

FCF

-
Charts data: {"Earnings":[{"time":"2014-12-30","value":111600000},{"time":"2015-12-30","value":169200000},{"time":"2016-12-30","value":167200000},{"time":"2017-12-30","value":139100000},{"time":"2018-12-30","value":168000000},{"time":"2019-12-30","value":184400000},{"time":"2020-12-30","value":254400000},{"time":"2021-12-30","value":532400000},{"time":"2022-12-30","value":997300000},{"time":"2023-12-30","value":602500000}],"Sales":[{"time":"2014-12-30","value":5867700000},{"time":"2015-12-30","value":6588300000},{"time":"2016-12-30","value":6527800000},{"time":"2017-12-30","value":6456500000},{"time":"2018-12-30","value":6874400000},{"time":"2019-12-30","value":7210300000},{"time":"2020-12-30","value":7131800000},{"time":"2021-12-30","value":9837700000},{"time":"2022-12-30","value":15433800000},{"time":"2023-12-30","value":14802700000}],"Net Margins":[{"time":"2014-12-30","value":0.019019377268776522},{"time":"2015-12-30","value":0.025681890624288512},{"time":"2016-12-30","value":0.025613529826281442},{"time":"2017-12-30","value":0.0215441802834353},{"time":"2018-12-30","value":0.024438496450599326},{"time":"2019-12-30","value":0.025574525331816984},{"time":"2020-12-30","value":0.03567121904708489},{"time":"2021-12-30","value":0.05411834066905882},{"time":"2022-12-30","value":0.06461791652088274},{"time":"2023-12-30","value":0.04070203408837577}],"Assets":[{"time":"2014-12-30","value":2192000000},{"time":"2015-12-30","value":2305900000},{"time":"2016-12-30","value":2336100000},{"time":"2017-12-30","value":2356700000},{"time":"2018-12-30","value":2695400000},{"time":"2019-12-30","value":2911300000},{"time":"2020-12-30","value":3676300000},{"time":"2021-12-30","value":8002600000},{"time":"2022-12-30","value":8021400000},{"time":"2023-12-30","value":10159400000}],"Stockholders Equity":[{"time":"2014-12-30","value":444900000},{"time":"2015-12-30","value":314500000},{"time":"2016-12-30","value":279700000},{"time":"2017-12-30","value":394200000},{"time":"2018-12-30","value":473200000},{"time":"2019-12-30","value":646300000},{"time":"2020-12-30","value":905500000},{"time":"2021-12-30","value":2115500000},{"time":"2022-12-30","value":2903500000},{"time":"2023-12-30","value":3244100000}],"ROE":[{"time":"2014-12-30","value":0.25084288604180716},{"time":"2015-12-30","value":0.5379968203497615},{"time":"2016-12-30","value":0.5977833392920987},{"time":"2017-12-30","value":0.3528665651953323},{"time":"2018-12-30","value":0.35502958579881655},{"time":"2019-12-30","value":0.2853164165248337},{"time":"2020-12-30","value":0.28094975151849805},{"time":"2021-12-30","value":0.25166627274875913},{"time":"2022-12-30","value":0.34348200447735494},{"time":"2023-12-30","value":0.18572177183194105}],"ROA":[{"time":"2014-12-30","value":0.12235401459854015},{"time":"2015-12-30","value":0.13079491738583635},{"time":"2016-12-30","value":0.12747741963100895},{"time":"2017-12-30","value":0.12207748122374507},{"time":"2018-12-30","value":0.1153446612747644},{"time":"2019-12-30","value":0.11163397794799575},{"time":"2020-12-30","value":0.10086228000979246},{"time":"2021-12-30","value":0.09894284357583785},{"time":"2022-12-30","value":0.1644476026628768},{"time":"2023-12-30","value":0.09385396775400122}]}

Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and disability and accident insurance. Asbury Automotive Group, Inc. was founded in 1996 and is based in Duluth, Georgia.

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In the chart Earnings are multiplied by this value.

Earnings Growth 27%
Earnings Stability 78%


Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12-201512-201612-201712-201812-201912-202012-202112-202212-2023TTM
Net Margin2.6%2.6%2.2%2.4%2.6%3.6%5.4%6.5%4.1%3.7%
ROA13%13%12%12%11%10%9.9%16%9.4%9.3%
ROE54%60%35%36%29%28%25%34%19%17%

What is the average Net Margin?

The average Net Margin over the past 5 years is +4.09%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +0.62%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is +11.42%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +0.14%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is +28.37%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is -2%.


Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12-201512-201612-201712-201812-201912-202012-202112-202212-2023TTM
Debt FCF11.6915.594.00-31.523.27--5.6219.42-
Debt Equity3.113.392.272.011.481.351.691.161.020.95
MIN
Graham Stability--93%100%100%100%100%100%100%93%

What is the Debt/FCF?

The Debt/FCF trailing twelve month is -.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is 7.70.

What is the Graham’s Stability?

Graham’s Stability measure stands at 0.93.


Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12-201612-201812-202012-2022Trend
Revenue12%17%28%-4.1%3%
Net Income20%29%33%-40%2.8%
Stockholders Equity42%47%53%12%8.6%
FCF16%---72%-30%

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is +16.58%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is +2.97%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is +29.1%.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is +2.83%.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is +46.96%.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is +8.58%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is -.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is -29.96%.