Penske Automotive Has Compounded Intrinsic Value By 17% A Year Since 2019 And Remains Attractively Valued

Diversified global transportation services company and automotive and commercial truck retailer, Penske Automotive Group, Inc. (NYSE: PAG ) has had an explosive post-pandemic period. Overall, since 2019, the firm has compounded net operating profit after tax (NOPAT) by 17% a year. However, with balance sheet efficiency declining, the firm’s returnAn economics graduate with a passion for financial history; I apply my knowledge to markets in an effort to hopelessly predict trends and spot value. All opinions ...