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Earnings transcript
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KMX
CarMax, Inc.
$41.22
0.91
(2.26%)
| Exchange: | NYSE |
| Market Cap: | 6.053B |
| Shares Outstanding: | 43.72M |
About The Company
| Sector: | Consumer Cyclical | |||||
| Industry: | Auto – Dealerships | |||||
| CEO: | Keith Barr | |||||
| Full Time Employees: | 30048 | |||||
| Address: |
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| Website: | https://www.carmax.com |
CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates through two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 28, 2022, it operated approximately 230 used car stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.
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Revenue Segmentation
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Earnings Call
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Key takeaways
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Strengths (preview)
- Robust Revenue Performance: KMX has demonstrated consistent revenue generation as reflected in the income statements, with strong gross profit margins (per grossProfitMarginTTM). This indicates effective pricing strategies and operational efficiency in the used car retail market within the Consumer Cyclical sector.
- Strong Market Position: As a leading player in the used vehicle industry (per industryName and description), KMX benefits from a large market capitalization (mktCap) and a significant operational scale with a substantial number of full-time employees (fullTimeEmployees), enhancing its competitive edge.
- Positive Free Cash Flow: The cash flow statements highlight a healthy free cash flow (freeCashFlow), supported by net cash provided by operating activities (netCashProvidedByOperatingActivities), indicating financial stability and the ability to fund growth initiatives without excessive reliance on external financing.
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Common questions about KMX valuation
Is CarMax, Inc. (KMX) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for CarMax, Inc. (KMX) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
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MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether KMX trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is KMX’s P/E ratio?
You can see KMX’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
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KMX
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2.26
Trading Metrics:
| Open: | 39.73 | Previous Close: | 40.31 | |
| Day Low: | 39.02 | Day High: | 41.26 | |
| Year Low: | 30.26 | Year High: | 81.79 | |
| Price Avg 50: | 43.49 | Price Avg 200: | 48.8 | |
| Volume: | 1.813M | Average Volume: | 3.402M |
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KMX full analysis
Welcome to MARKETSNAP’s SWOT analysis for CarMax, the well-known player in the used car retail space. If you’re a long-term investor looking to dig into what makes this company tick, you’re in the right place. Today, we’re breaking down CarMax’s strengths, weaknesses, opportunities, and threats, while weaving in the latest financials, news, and market trends to give you a full picture of where this stock might be headed. Let’s dive in with a quick overview of who CarMax is and…