- Analysis
- Barani Krishnan
- 32
Solvar Limited, together with its subsidiaries, provides automotive finance in Australia and New Zealand. It offers consumer and commercial loans for new and used cars, motorbikes, utility vehicles, tractors, caravan, horse floats, motor bikes, trailers, trucks, boats, and jet skis. The company provides secured and unsecured personal loans. It sells loans through brokers and dealers under the Automotive Financial Services, Go Car Finance, and Money3 brands. The company was formerly known as Money3 Corporation Limited and changed its name to Solvar Limited in November 2022. The company was founded in 2000 and is headquartered in Bundoora, Australia.
Metrics to compare | SVR | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipSVRPeersSector | |
---|---|---|---|---|
P/E Ratio | 16.1x | 16.6x | 9.0x | |
PEG Ratio | −0.25 | 0.17 | 0.03 | |
Price/Book | 0.8x | 1.9x | 1.0x | |
Price / LTM Sales | 1.3x | 1.5x | 2.8x | |
Upside (Analyst Target) | 9.2% | 21.4% | 12.2% | |
Fair Value Upside | Unlock | 15.3% | 3.0% | Unlock |