- Sonic Automotive's revenue and adjusted net profit in 4Q 2020 set new historical highs, and a key driver of this set of record-breaking results was inventory tightness.
- Sonic Automotive aims to grow EchoPark's revenue from $1.4 billion in FY 2020 to $14 billion by 2025, but there are concerns about profitability and competition.
- Sonic Automotive is valued by the market at consensus forward FY 2021 and FY 2022 P/E multiples of 11.9 times and 10.0 times, respectively.
For further details see:
Sonic Automotive: Expanding Its Presence In Pre-Owned Vehicle Market