TRA - Turners Automotive Group

[Basil]

Looking forward to them reporting later this month and the market seems confident it will be a strong result as am I.  Many, many years of strong growth to come for Turners and the forward FY27 PE is still very reasonable indeed at approx 16 times, (according to consensus forecast) https://www.marketscreener.com/quote/stock/TURNERS-AUTOMOTIVE-GROUP--20699914/

My view: I think they will comfortably beat the consensus forecast in FY26 and FY27 so in my opinion the forward PE is only about 15-15.5 times for the current year which for a company with a well proven 12% EPS CAGR despite severe economic adversity in the last 6 years, well that's still exceptionally good value for what is a very high caliber, exceptionally well managed, highly defensive stock in my book.  This is very firmly on the "Do not sell at any price list" of stocks I own right alongside HLG which is arguably an even more compelling buy. 

[mike2023]

One of my best small investments in 2023 in the $3.70s. I figure with divs and growth it's been returning close enough to 50% pa. Long may it continue.
Also on the no sell list with IFT. Although I did cut back IFT last week to my core holding, not my best choice of late.

For many years TRA was largely static and I often grew bored of holding, not any more.