Professional
Added to YB: 2024-10-21
Pitch date: 2024-10-21
ACVA [bullish]
ACV Auctions Inc.
-57.09%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
ACV Auctions Inc. provides a wholesale auction marketplace to facilitate business-to-business used vehicle sales between a selling and buying dealership.
Market Cap
$1.1B
Pitch Price
$18.62
Price Target
N/A
Dividend
N/A
EV/EBITDA
-25.88
P/E
-14.65
EV/Sales
1.41
Sector
Commercial Services and Supplies
Category
growth
Idea Brunch with Nitin Prakash of Table Rock Partners - ACV Auctions Inc.
ACVA: Digital wholesale auto marketplace, 200+ point inspection, photos & audio. Outpacing market despite used car shortage. Commercial push doubles TAM to 18M units. High-value add-ons (transport, financing) boost monetization. Poised for growth as market rebounds. Potential industry consolidator.
Read full article (3 min)