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Added to YB: 2024-04-16

Pitch date: 2024-04-08

PAG [bullish]

Penske Automotive Group, Inc.

+14.94%

current return

Author Info

No bio for this author

Company Info

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships worldwide.

Market Cap

$11.6B

Pitch Price

$145.84

Price Target

N/A

Dividend

2.80%

EV/EBITDA

10.25

P/E

12.70

EV/Sales

0.65

Sector

Specialty Retail

Category

value

Show full summary:
Black Bear Value Partners Portfolio Holding: Penske Automotive Group, Inc.

PAG: Undervalued auto & truck dealer w/ hidden asset in Penske Truck Solutions (PTS). PTS stake worth $2.5-3.5B, 22-32% of mkt cap. High margin & sticky truck parts/service biz. Equity method accounting for PTS obscures value. Mgmt aligned w/ 17% buyback in 2 yrs.

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