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CAR shares: your next growth investment?
Rask Mediaยท 2025-09-30 06:27
CAR Group Limited - CAR Group has been a leading operator of online marketplaces for vehicles since the 1990s, focusing on simplifying the buying and selling process for users [1][2] - The company has experienced steady growth and operates globally in markets such as Australia, South Korea, the United States, and Chile [3] - CAR has achieved a revenue growth rate of 37.0% per year since 2021, reaching $1,099 million in FY24, with net profit increasing from $131 million to $250 million during the same period [6] Transurban Group - Transurban, founded in 1999, manages and develops urban toll road networks in Australia, Canada, and the United States, with interests in 22 urban motorways [4] - The company invests heavily in new projects funded through toll revenue from motor vehicles [4] - In FY24, Transurban reported a debt/equity ratio of 175.1%, indicating a leveraged position, and an ROE of 3.0%, which is below the expected threshold for a mature business [7][8] - Since 2020, Transurban has maintained an average dividend yield of 3.6% per year [8]