Report
EUR 92.70 For Business Accounts Only

Investment Update | Review + Outlook

​While we continue to believe that the company is uniquely positioned to take advantage of consolidation opportunities in the Canadian auto dealer market, recent acquisitions have not kept pace with the company’s growth over the last couple of years and has fallen short of our expectations.

Underlying
AutoCanada Inc

AutoCanada is an automobile dealership group. As of Mar 17 2016, Co. operated 53 dealerships, including 60 franchises, in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick and Nova Scotia. Co. is authorized to sell through its dealerships the following vehicle brands: Chrysler, Dodge, Jeep, Ram, Fiat, Chevrolet, GMC, Buick, Cadillac, Hyundai, Kia, Nissan, Infiniti, Volkswagen, Audi, BMW, MINI, Mitsubishi and Subaru. Co. also providesr a range of parts, service and collision repair services and facilitates the sale of third party finance and insurance products, extended warranties and replacement and aftermarket automotive products.

Provider
ARC | Accountability Research Corp
ARC | Accountability Research Corp

​Independent equity research focused on the North American market that leverages ARC’s unparalleled expertise in applying proprietary forensic accounting knowledge to investment analysis. 

The ARC process is focused on avoiding financial reporting and accounting risks while identifying companies with superior adjusted cash flow metrics.

Other Reports on these Companies
Other Reports from ARC | Accountability Research Corp

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