Carsales.com (CAR.AX) Financial Analysis: FIN30016 Investments Report

This report provides a detailed financial analysis of Carsales.com (CAR.AX), examining its performance as an online automotive classifieds platform. The analysis includes a quantitative assessment of the company's free cash flow to equity, return on equity, and value per share, highlighting the increase in value per share due to improved cash flow from operating activities. The report also assesses Carsales.com's dividend policy, noting a consistent increase in dividend payments and a stable dividend payout ratio. Furthermore, it explores the impact of digital media platforms on the Australian automotive industry, considering factors such as growth rates, price-earnings ratios, and non-financial factors. The report concludes with forecasted cash flow statements for 2019 and 2020, based on the company's performance and market conditions, and the company's ability to attain growth in the current economic climate.