Dealerships in Australia are typically valued at goodwill plus net tangible assets to arrive at their enterprise value. The goodwill component is usually calculated as a multiple of earnings, or NPBT.
Stephen in an M&A and due diligence expert, having built a wealth of experience over his time at Pitchers on both buy side and sell side M&A, and various due diligence engagements, and for clients ranging from private business owners, private equity and multinational corporations. This experience allows him to bring a clear understanding of […]
Joining Pitcher Partners as a graduate, Joshua has built an impressive 14-year career in professional services, specialising in in internal audit, risk management, business process improvement and large-scale compliance programs for public, private, and not-for-profit organisations. Steady professional growth has provided him with many learning and leadership opportunities, both internally and from a client facing […]
We are delighted to have released the first iteration of the Australian Listed Dealer Comparison and it reveals that it is a very interesting time to be a part of the motor industry.
The Government has introduced a Bill to provide an exemption from Fringe Benefits Tax (“FBT”) for a car fringe benefit attributable to an eligible low or zero emission car. The exemption is intended to encourage a greater take up of fuel-efficient cars and reduce Australia’s carbon emissions.
The Dealership world is currently sitting on the precipice of a monumental change from which there is no known white knight. The solution to the problem exists, but it requires the dealers to take the initiative and kill a major sacred cow in the process.
Record profits for dealers are likely to last into next year as OEMs catch up with lost sales DEALERS in the United States, as in Australia, are enjoying the best trading conditions ever recorded and are looking forward to fulfilling the annual sales forecast for the US trending at 17 million units, mostly at full […]
Leading industry analyst updates his crystal ball gazing and sees ongoing roles for dealers GLENN Mercer, the independent automotive analyst retained by the National Automobile Dealers Association to write his definitive work on the future of car retailing, Dealership of Tomorrow, presented an update that held out the prospect that dealers do indeed have a key […]
The NADA Convention highlighted that change is coming: here’s how to manage it WHAT does all this change that is coming at us really mean for dealers? Here are eight key actions dealers need to consider in the next two to five years as the sales models transition: 1. Transform your dealership staff in line with […]
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