Landmark Cars Valuation Multiples

D'Ieteren Group is a Belgium-based company that imports and distributes automobiles. The group’s reportable operating segments are D’Ieteren Automotive, Belron, Moleskine, TVH and PHE. It generates the majority of its revenue from the Belron segment which performs vehicle glass repair and replacement. The company also distributes Volkswagen, Audi, SEAT, Skoda, Bentley, Lamborghini, Bugatti, Maserati, Cupra, Rimac, and Porsche vehicles, as well as spare parts and accessories; markets of used vehicles; provides maintenance, financing and leasing services.

USS Co Ltd operates auto auctions and provides various services related to automobile auctions, purchases, and sales of used cars, as well as recycling operations. The company has three reportable segments: Auto Auctions, Used Automobile Purchase and Sales, and Recycling. The Auto Auctions segment handles auctions for used cars and motorcycles, provides information and transportation services, and offers financial services to auction members. The Used Automobile Purchase and Sales segment engages in the purchase and sale of used and damaged cars, while the Recycling segment focuses on recycling end-of-life vehicles and scrap metals and managing facility disposal projects. It generates the majority of its revenue from the Auto auction segment.

Valvoline Inc provides automotive preventive maintenance through retail stores across the U.S. and Canada, offering approximately 15-minute stay-in-your-car oil changes, battery, bulb, and wiper replacements, tire rotations, and other manufacturer-recommended maintenance. Its full-service oil changes include Valvoline oil, a new oil filter, chassis lubrication, and an 18-point maintenance check. The Company provides differential fluid, fuel system cleaning, headlight and taillight replacement, radiator service, transmission service, air conditioning, and air filter replacement. It operates and franchises approximately 2,200 Valvoline Instant Oil Change and Valvoline Great Canadian Oil Change retail locations. The majority of revenue is generated from the United States of America.

Atmus Filtration Technologies Inc manufactures filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. The company designs and manufactures Developed filtration products, principally under the Fleetguard brand, that enable lower emissions and provide asset protection. It designs, manufactures, and sells filters, coolants, and chemical products. The company offers products including air filtration, coolants and chemicals, crankcase ventilation, fuel filtration, fuel cells, lube filtration, and others.

Boyd Group Services Inc is engaged in operating non-franchised collision repair centers in North America. The Company’s primary line of business is automotive collision and glass repair and related services, with the majority of revenues relating to this group of similar services. This line of business operates in Canada and the U.S. and both regions exhibit similar long-term economic characteristics. he Company is also a retail auto glass operator in the United States, under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com. In addition, the Company operates a third-party administrator, Gerber National Claims Services (GNCS), that offers glass, emergency roadside, and first notice of loss services.

Driven Brands Holdings Inc is an automotive services company in North America. Its platform provides high-quality services to an extensive range of retail and commercial customers. The company provides an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, and repair services, as well as a variety of high-frequency services, such as oil changes and car washes. The company segments include: Maintenance, Car Wash, Paint, Collision & Glass, and Platform Services. It derives maximum revenue from Maintenance Segment. Geographically, the company operates into United States, Canada and Rest of the World.

Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 108 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark used-vehicle stores, 16 collision centers, and 14 powersports locations. The franchise stores derive revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 86% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 59% of new-vehicle revenue. BMW is the largest brand at about 25%. 2024's revenue was $14.2 billion, with Texas and California comprising 51% of the total. EchoPark's portion was $2.1 billion.

Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The primary activities of the company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into three geographical segments that are: State of Kuwait, Iraq and United Arab Emirates.

IDOM Inc is principally engaged in buying and selling of used cars throughout Japan. The company's business activities include automobile purchase business, car sales business and other business related to automobile distribution. It purchases pre-owned cars from the general customers and then sells it to corporate clients, franchisees and other general customers through nationwide auctions. The group's subsidiaries are engaged in auto loan service and insurance agency service.

Auto Nejma is an automobile distributor in Morocco. The company imports and markets vehicles, spare parts, and car accessories. It represents the Mercedes-Benz private and commercial vehicle brands, SsangYong, and Mahindra in Morocco.

Delek Automotive Systems is an Israeli vehicle importer and industrial holding company listed on the Tel Aviv Stock Exchange (TASE: DLEA) and controlled and managed by Gil Agmon. Through its wholly controlled subsidiary Delek Motors, which began importing Mazda in 1991 and took the Ford franchise in 1999, it holds Israeli franchises for Mazda, Ford, BMW, MINI and BMW Motorrad and, more recently, Chinese brands NIO, Dongfeng and Voyah, selling through 21 showrooms and 52 service centres with a logistics centre at Nir Tzvi. Delek Motors has sold more than 800,000 vehicles and employs over 350 people. The company earns most of its revenue from new vehicle sales, parts and servicing, and since 2018 it has also run a green energy division through Veridis Environment, which operates a seawater desalination plant, a power station and a solid-waste processing plant and later acquired paper and packaging maker Infinya (formerly Hadera Paper) from FIMI for NIS 2.35 billion. Formerly part of Yitzhak Tshuva's Delek Group, it became independent in December 2019 when Delek Group sold its remaining 15% stake, after Agmon had raised his holding to about 45%. In the second quarter of 2025 it sold 2,696 vehicles and reported revenue of NIS 1.3 billion as Chinese imports cut into Mazda deliveries.

RideNow Group Inc is a USA-based online retailer that allows consumers and dealers both to Buy-Sell-Trade-Finance pre-owned motorcycles in an efficient, fast, transparent, and engaging experience.

Auto Hrvatska d.d operates as a auto and truck dealer in Croatia. The company is engaged in importing and distribution of automotive manufacturing parts like spare parts, tires, accumulators, and oils as well as industrial and service equipment parts like tools, bearings, and cranes. Its key business segments include: Rental and servicing; Financial income; and Vehicle sales.

Zeda Ltd operates as a non-manufacturing integrated vehicle mobility solutions business, providing car rental, fleet management, and leasing solutions in South Africa and 10 other countries in Sub-Saharan Africa. It offers integrated vehicle-based mobility solutions through a fleet leasing and car rental platform, providing a full range of short-, medium-, and long-term mobility solutions to a broad range of customers. The Group operates in two segments: the Car Rental business segment, which provides short-term car rentals ranging from one day up to 12 months; and the Leasing Business segment, which provides long-term fleet solutions exceeding 12 months to corporate and public sector customers. The majority of revenue is derived from the Car Rental segment.

Tokic DD is engaged in the manufacturing of auto parts and accessories for the automotive industry. Its operations include wholesale and retail sales, tire services, export sales, online sales channels, and related services. The product range comprises auto parts, tires for all vehicle types, tools and repair equipment, chargers for electric vehicles, and programs for the automotive, commercial, industrial, agricultural and motorcycle segments, as well as nautical, tools and service equipment, and tires for all types of vehicles. The company operates in the domestic market, which generates the majority of its revenue, as well as in foreign markets.

Carma Ltd operates a vertically integrated digital platform for the purchase, reconditioning and sale of pre-owned vehicles in Australia. Its operating segment includes the purchase, reconditioning, and sale of pre-owned vehicles, mainly through online channels. The Group sources vehicles through multiple channels, including its network of 'Sell-to Carma' consumer centres, supported by a proprietary buying platform with AI-assisted valuation. Its operations are conducted exclusively within Australia.

Arctic Falls AB (publ) provides testing services for the tire and vehicle manufacturers, with a focus on winter conditions. The company offers a wide range of tracks and testing environments designed to simulate various road surfaces and driving situations. It provides services to test and optimize vehicle technologies, including electric vehicles, autonomous systems, safety solutions, and winter tires, in winter climate conditions.

Shagrir Group Vehicle Services Ltd provides roadside automobile security assistance services as well as towing services. Its services are road services, towing, vehicle replacement and alternative radio services. The company provided 24/7 service to private subscribers, leasing and rental companies, and institutions fleets.

Vroom Inc is an end-to-end e-commerce platform for the used vehicles industry. The Company's scalable, data-driven technology brings all phases of the car buying and selling process to consumers offering an extensive selection of used vehicles, transparent pricing, competitive financing, and at-home pick-up and delivery. Its two reportable segments are: The UACC reportable segment represents UACC’s operations with its network of third-party dealership customers, including the purchases and servicing of vehicle retail installment sales contracts. The CarStory reportable segment represents sales of AI-powered analytics and digital services to automotive dealers, automotive financial services companies and others in the automotive industry.

2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The group draws revenue from the two divisions: automotive retail division, revenue is derived from the sale of vehicles and from agent commissions relating to third-party finance and insurance products.

Minasmaquinas SA sells Mercedes-Benz commercial vehicles such as trucks, mini, urban, and highway buses, and sprinters such as vans and frames. It also offers vehicle parts and resells truck tires, as well as provides technical assistance services. Minasmaquinas is mainly active in the marketing of vehicles and autoparts, as well as provision of services under the brand Mercedes-Benz. It is also involved in the sale of tires under the brand name Michelin.