2 Cheap Cars Group (2CC.NZ) Stock Price

2 Cheap Cars Group Price

CLOSED
0.91
​
Market closed

Over the last 4 years 2 Cheap Cars Group grew revenue by 5.2% annually, reaching 80.17 M NZD. Earnings per share have grown at 0.8% per year over the last 4 years. For 2 Cheap Cars Group, the net margin of 4.1% is broadly stable versus 4.9% a few years ago. At today's price the dividend yield works out to roughly 6.35%. The payout ratio is around 80% of earnings.

2 Cheap Cars Group stock price

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

2 Cheap Cars Group business model & stock analysis

NZ Automotive Investments Ltd. generates revenue through its Automotive Retail segment operating under the 2 Cheap Cars brand, which sells used vehicles across 12 New Zealand dealerships. The company also earns income from its Finance segment via NZ Motor Finance, which provides vehicle financing and sells guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products. Subsidiaries like 2 Cheap Cars Limited and NZ Motor Finance Limited handle vehicle sales and finance services, while 2 Cheap Rental Cars Limited supports rental operations. The company’s revenue streams include vehicle sales, agent commissions from third-party finance and insurance products, and insurance product sales. The business targets individual customers seeking used vehicles and financing solutions in New Zealand. 2 Cheap Cars Limited focuses on used vehicle retailing, while NZ Motor Finance Limited caters to customers requiring vehicle loans and insurance products. The company’s segments operate under distinct brands: 2 Cheap Cars for retail and NZ Motor Finance for financing, with additional subsidiaries like 2CC International Limited and Car Plus K.K. supporting international and specialized services. Revenue is derived from direct vehicle sales, finance services, and insurance product distribution. 2 Cheap Cars Limited, a subsidiary, earns from vehicle sales and third-party finance and insurance agent commissions. NZ Motor Finance Limited generates income through vehicle financing and the sale of GAP and PPI insurance. The company’s structure includes multiple subsidiaries, each contributing to specific revenue streams without overlapping operations. The business model relies on combining retail vehicle sales with financial services to create a comprehensive customer solution in New Zealand’s used car market.

Frequently asked questions about 2 Cheap Cars Group

Converted at the current exchange rate, the 2 Cheap Cars Group share trades at 0.45 EUR (0.91 NZD).

The revenue cannot currently be calculated for 2 Cheap Cars Group.

The profit cannot currently be calculated for 2 Cheap Cars Group.

The P/E ratio cannot be calculated for 2 Cheap Cars Group at the moment.

The P/S cannot be calculated for 2 Cheap Cars Group currently.

The Eulerpool Quality Score for 2 Cheap Cars Group is 6/10.

The ISIN of 2 Cheap Cars Group is NZNZAE0001S5. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of 2 Cheap Cars Group is 2CC.NZ. The ticker symbol is used to trade 2 Cheap Cars Group shares on the stock exchange.

Fair ValueTerminal
0.77 NZD
Over-/UndervaluationTerminal
Fairly valued
Industry
Specialty Retail
Number of shares
Employees
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
New Zealand
Currency
NZD
Initial public offering
Feb 25, 2021
ISIN
NZNZAE0001S5
Cusip
Q70157104
Market capitalization
41.45 M NZDMicro Cap
52-Week Range
PEG
—
P/E ratio
P/Ee
—
P/S
P/Se
—
EV/EBIT
12.66
P/B Ratio
1.97
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
11.12 %
Dividend
Dividend yield
6.35 %
Payout Ratio
79.78 %
Dividend growth Ø5Y
—
Dividend payments per year
2
Dividend paid since
5 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
30.00 %
Last updated Nov 7, 2026, 3:44 AM

2 Cheap Cars Group Peer Group

2 Cheap Cars Group FIGI

2CC:NZ · BBG00ZH86Q75