CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.
Market Resilience | CarMax demonstrates strength with consistent same-store growth and robust gross profit per unit, navigating economic uncertainties in the used car market |
Strategic Shifts | Delve into CarMax's focus on expanding reconditioning capacity, developing profitable sourcing channels, and leveraging its omnichannel retail model for future growth |
Financial Outlook | Analysts project EPS growth to $5.26 by FY2028, with an average price target of $80, suggesting significant upside potential from current trading levels |
Competitive Edge | Explore how CarMax's nationwide presence, no-haggle pricing, and extensive inventory position it to capitalize on the shift towards used vehicles amid new car pricing pressures |
Metrics to compare | KMX | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipKMXPeersSector | |
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P/E Ratio | 16.0x | 64.8x | 11.2x | |
PEG Ratio | 0.39 | −1.10 | 0.02 | |
Price/Book | 1.4x | 2.4x | 1.4x | |
Price / LTM Sales | 0.3x | 1.2x | 1.0x | |
Upside (Analyst Target) | 34.6% | 23.5% | 17.2% | |
Fair Value Upside | Unlock | 1.9% | 8.3% | Unlock |