CarGurus Inc
CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace that allows customers to search for new and used car listings from its dealers; and connects dealers to a large audience of informed and engage… Read more
CarGurus Inc (0C6) - Net Assets
Latest net assets as of September 2025: €375.45 Million EUR
Based on the latest financial reports, CarGurus Inc (0C6) has net assets worth €375.45 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€660.47 Million) and total liabilities (€285.02 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €375.45 Million |
| % of Total Assets | 56.85% |
| Annual Growth Rate | 30.42% |
| 5-Year Change | 45.0% |
| 10-Year Change | N/A |
| Growth Volatility | 38.88 |
CarGurus Inc - Net Assets Trend (2016–2024)
This chart illustrates how CarGurus Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CarGurus Inc (2016–2024)
The table below shows the annual net assets of CarGurus Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €541.69 Million | -12.18% |
| 2023-12-31 | €616.85 Million | -20.03% |
| 2022-12-31 | €771.36 Million | +13.49% |
| 2021-12-31 | €679.65 Million | +81.93% |
| 2020-12-31 | €373.59 Million | +45.45% |
| 2019-12-31 | €256.86 Million | +32.32% |
| 2018-12-31 | €194.11 Million | +52.81% |
| 2017-12-31 | €127.03 Million | +96.25% |
| 2016-12-31 | €64.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CarGurus Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 44681700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €375.12 Million | 69.25% |
| Other Components | €166.57 Million | 30.75% |
| Total Equity | €541.69 Million | 100.00% |
CarGurus Inc Competitors by Market Cap
The table below lists competitors of CarGurus Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
USA Technologies Inc Pref Series A
PINK:CTLPP
|
$2.17 Billion |
|
Taihan Electric Wire Co Ltd
KO:001440
|
$2.17 Billion |
|
National Vision Holdings Inc
NASDAQ:EYE
|
$2.17 Billion |
|
Jiangsu Aucksun Co Ltd
SHE:002245
|
$2.17 Billion |
|
Tate & Lyle plc
OTCQX:TATYF
|
$2.17 Billion |
|
Syntec Technology Co., Ltd.
TW:7750
|
$2.17 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
$2.17 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
$2.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CarGurus Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 616,852,000 to 541,689,000, a change of -75,163,000 (-12.2%).
- Net income of 20,972,000 contributed positively to equity growth.
- Share repurchases of 146,180,000 reduced equity.
- Other factors increased equity by 50,045,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €20.97 Million | +3.87% |
| Share Repurchases | €146.18 Million | -26.99% |
| Other Changes | €50.05 Million | +9.24% |
| Total Change | €- | -12.18% |
Book Value vs Market Value Analysis
This analysis compares CarGurus Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 22.22x to 5.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.20 | €26.60 | x |
| 2018-12-31 | €1.76 | €26.60 | x |
| 2019-12-31 | €2.29 | €26.60 | x |
| 2020-12-31 | €3.29 | €26.60 | x |
| 2021-12-31 | €4.39 | €26.60 | x |
| 2022-12-31 | €6.24 | €26.60 | x |
| 2023-12-31 | €5.70 | €26.60 | x |
| 2024-12-31 | €5.21 | €26.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CarGurus Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.34%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 1.52x
- Recent ROE (3.87%) is below the historical average (14.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 10.04% | 3.28% | 1.97x | 1.55x | €24.40K |
| 2017 | 10.39% | 4.17% | 1.79x | 1.39x | €496.50K |
| 2018 | 33.57% | 14.35% | 1.69x | 1.38x | €45.76 Million |
| 2019 | 16.41% | 7.16% | 1.50x | 1.53x | €16.46 Million |
| 2020 | 20.76% | 14.06% | 1.10x | 1.34x | €40.19 Million |
| 2021 | 21.14% | 11.48% | 1.02x | 1.80x | €57.56 Million |
| 2022 | 11.49% | 5.10% | 1.79x | 1.26x | €10.93 Million |
| 2023 | 5.99% | 4.04% | 0.99x | 1.49x | €-24.74 Million |
| 2024 | 3.87% | 2.34% | 1.08x | 1.52x | €-33.20 Million |
Industry Comparison
This section compares CarGurus Inc's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $45,931,661,500
- Average return on equity (ROE) among peers: 15.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CarGurus Inc (0C6) | €375.45 Million | 10.04% | 0.76x | $2.17 Billion |
| China Yongda Automobiles Services Holdings Ltd (1CY) | $4.60 Billion | 11.40% | 2.74x | $185.88 Million |
| China Harmony Auto Holding Limited (HA5) | $6.92 Billion | 9.88% | 0.59x | $102.01 Million |
| Pasquarelli Auto S.p.A. (O01) | $14.93 Million | 26.38% | 2.69x | $8.75K |
| USS Co. Ltd (USV) | $172.19 Billion | 14.10% | 0.29x | $3.45 Billion |