Business Description
CarMax Inc
NAICS : 423110
SIC : 5521
ISIN : US1431301027
Share Class Description:
FRA:XA4: Ordinary SharesDescription
CarMax sells, finances, and services used and new cars through a chain of around 250 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales were 83% of fiscal 2025 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2025, the company retailed and wholesaled 789,050 and 544,312 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in calendar 2024. It seeks over 5% share. CarMax is based in Richmond, Virginia.
Financial Strength
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.01 | |||||
| Equity-to-Asset | 0.23 | |||||
| Debt-to-Equity | 3.07 | |||||
| Debt-to-EBITDA | 9.98 | |||||
| Piotroski F-Score | 8/9 | |||||
| Altman Z-Score | 1.83 | |||||
| Beneish M-Score | -2.68 | |||||
| WACC vs ROIC | ||||||
Growth Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | -4.4 | |||||
| 3-Year EBITDA Growth Rate | -2.4 | |||||
| 3-Year EPS without NRI Growth Rate | -22.8 | |||||
| 3-Year Book Growth Rate | 7.8 | |||||
| Future 3-5Y EPS without NRI Growth Rate Estimate | 21.52 | |||||
| Future 3-5Y Total Revenue Growth Rate Estimate | 3.69 |
Momentum Rank
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 37.34 | |||||
| 9-Day RSI | 44.44 | |||||
| 14-Day RSI | 45.79 | |||||
| 3-1 Month Momentum % | -22.97 | |||||
| 6-1 Month Momentum % | -30.73 | |||||
| 12-1 Month Momentum % | -18.76 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 2.39 | |||||
| Quick Ratio | 0.8 | |||||
| Cash Ratio | 0.12 | |||||
| Days Inventory | 56.45 | |||||
| Days Sales Outstanding | 2.84 | |||||
| Days Payable | 14.93 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Average Share Buyback Ratio | 1.6 | |||||
| Shareholder Yield % | 5.8 |
Profitability Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 11.2 | |||||
| Operating Margin % | -0.62 | |||||
| Net Margin % | 2.09 | |||||
| EBITDA Margin % | 7.22 | |||||
| FCF Margin % | 1.96 | |||||
| ROE % | 8.98 | |||||
| ROA % | 2.04 | |||||
| ROIC % | -0.49 | |||||
| 3-Year ROIIC % | -74.05 | |||||
| ROC (Joel Greenblatt) % | 21.59 | |||||
| ROCE % | 6.46 | |||||
| Years of Profitability over Past 10-Year | 10 | |||||
| Moat score | 6 | |||||
| Tariff score | 8 |
GF Value Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 19.41 | |||||
| Forward PE Ratio | 16.36 | |||||
| PE Ratio without NRI | 19.41 | |||||
| Shiller PE Ratio | 14.2 | |||||
| Price-to-Owner-Earnings | 140.28 | |||||
| PEG Ratio | 38.82 | |||||
| PS Ratio | 0.41 | |||||
| PB Ratio | 1.68 | |||||
| Price-to-Tangible-Book | 1.72 | |||||
| Price-to-Free-Cash-Flow | 20.22 | |||||
| Price-to-Operating-Cash-Flow | 10.47 | |||||
| EV-to-EBIT | 18.16 | |||||
| EV-to-Forward-EBIT | 32.71 | |||||
| EV-to-EBITDA | 15.3 | |||||
| EV-to-Forward-EBITDA | 25.09 | |||||
| EV-to-Revenue | 1.1 | |||||
| EV-to-Forward-Revenue | 1.08 | |||||
| EV-to-FCF | 54.67 | |||||
| Price-to-GF-Value | 0.89 | |||||
| Price-to-Projected-FCF | 5.32 | |||||
| Price-to-DCF (Earnings Based) | 1.48 | |||||
| Price-to-DCF (FCF Based) | 1.58 | |||||
| Price-to-Median-PS-Value | 0.57 | |||||
| Price-to-Graham-Number | 1.22 | |||||
| Earnings Yield (Greenblatt) % | 5.51 | |||||
| FCF Yield % | 5.13 | |||||
| Forward Rate of Return (Yacktman) % | -0.84 |
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