CarMax, Inc. (KMX) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

733.95 k

Shareholding (Feb 2025)

FII

21.76%

Held by 280 FIIs

DII

29.94%

Held by 69 DIIs

Promoter

0.05%

How big is CarMax, Inc.?

22-Jun-2025

As of Jun 18, CarMax, Inc. has a market capitalization of $9.81 billion, with net sales of $26.35 billion and a net profit of $500.56 million over the last four quarters. The company reported shareholder's funds of $6.24 billion and total assets of $27.69 billion as of Feb 25.

What does CarMax, Inc. do?

22-Jun-2025

CarMax, Inc. is a mid-cap retailer of used vehicles, reporting net sales of $6 billion and a net profit of $90 million as of February 2025. Key metrics include a P/E ratio of 20.00 and a market cap of approximately $9.81 billion.

Who are in the management team of CarMax, Inc.?

22-Jun-2025

As of March 2022, the management team of CarMax, Inc. includes Non-Executive Chairman Thomas Folliard, President and CEO William Nash, Lead Independent Director Mitchell Steenrod, and Independent Directors Peter Bensen, Ronald Blaylock, and Sona Chawla. They are responsible for the company's strategic direction and governance.

Is CarMax, Inc. technically bullish or bearish?

23-Sep-2025

As of September 19, 2025, CarMax, Inc. is in a bearish trend with weak strength indicators, underperforming the S&P 500 significantly with a year-to-date return of -28.94% compared to the S&P 500's 13.31%.

Is CarMax, Inc. overvalued or undervalued?

21-Oct-2025

As of October 17, 2025, CarMax, Inc. is fairly valued with a P/E ratio of 20 and has underperformed the S&P 500, making it less attractive compared to peers like Penske Automotive Group, which has a P/E of 12.91.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months

Poor long term growth as Operating profit has grown by an annual rate -180.74% of over the last 5 years
High Debt Company with a Debt to Equity ratio (avg) at times
The company has been able to generate a Return on Capital Employed (avg) of 1.14% signifying low profitability per unit of total capital (equity and debt)

Flat results in May 25

With ROE of 8.02%, it has a fair valuation with a 1.60 Price to Book Value

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Industry

Retailing

Market cap

USD 9,211 Million (Small Cap)

P/E

20.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

2.86

Return on Equity

8.88%

Price to Book

1.47

Revenue and Profits:

Net Sales:

7,547 Million

(Quarterly Results - May 2025)

Net Profit:

210 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-36.18%

6 Months

-40.98%

1 Year

-53.49%

2 Years

-43.03%

3 Years

-44.1%

4 Years

-72.74%

5 Years

-59.69%

CarMax, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Is CarMax, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for CarMax, Inc. has moved from very attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 20, a Price to Book Value of 1.60, and a PEG Ratio of 2.76, which suggest that while the company is not undervalued, it also does not present a compelling investment opportunity at this time. In comparison to its peers, Penske Automotive Group, Inc. shows a more attractive P/E ratio of 12.91 and a significantly lower EV to EBITDA of 14.17, highlighting that CarMax may not be the best choice in its sector. Furthermore, CarMax's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -47.53% compared to the S&P 500's 13.30%, reinforcing the notion that the stock is not currently a strong investment....

Is CarMax, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for CarMax, Inc. has moved from very attractive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 20, a Price to Book Value of 1.60, and an EV to Sales ratio of 1.06. In comparison, Penske Automotive Group, Inc. has a more attractive P/E ratio of 12.91, indicating that CarMax is trading at a premium relative to some of its peers. The stock has significantly underperformed against the S&P 500, with a year-to-date return of -47.53% compared to the index's 13.30%. This stark contrast reinforces the notion that CarMax is fairly valued but may face challenges in regaining investor confidence in the near term....

Is CarMax, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for CarMax, Inc. has moved from very attractive to fair, indicating a shift in its perceived value. The company appears to be overvalued based on its current metrics, with a P/E ratio of 20, a Price to Book Value of 1.60, and an EV to EBITDA ratio of 167.14, which significantly exceeds the industry norms. In comparison, Penske Automotive Group, Inc. is considered attractive with a P/E of 12.91 and an EV to EBITDA of 14.17, highlighting the relative overvaluation of CarMax. The stock has underperformed against the S&P 500, with a year-to-date return of -47.53% compared to the S&P 500's 13.30%. This trend is further emphasized by a 5-year return of -54.24% for CarMax, while the S&P 500 has gained 91.29% during the same period, reinforcing the notion that CarMax is currently overvalued in the market....

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

8.06%

EBIT Growth (5y)

-180.74%

EBIT to Interest (avg)

1.80

Debt to EBITDA (avg)

187.01

Net Debt to Equity (avg)

2.86

Sales to Capital Employed (avg)

1.08

Tax Ratio

25.12%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

1.14%

ROE (avg)

13.26%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.60

EV to EBIT

-219.24

EV to EBITDA

167.14

EV to Capital Employed

1.16

EV to Sales

1.06

PEG Ratio

2.76

Dividend Yield

ROCE (Latest)

-0.53%

ROE (Latest)

8.02%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

Bullish

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bullish

Mildly Bearish

OBV

Mildly Bullish

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Feb 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 122 Schemes (48.24%)

Foreign Institutions

Held by 280 Foreign Institutions (21.76%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - May'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "May'25",
        "Nov'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "7,546.50",
          "val2": "6,223.40",
          "chgp": "21.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "146.30",
          "val2": "40.10",
          "chgp": "264.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "27.10",
          "val2": "25.40",
          "chgp": "6.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "210.40",
          "val2": "125.40",
          "chgp": "67.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.80%",
          "val2": "-5.70%",
          "chgp": "1.45%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Feb'25",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Feb 2025 is -0.69% vs -10.61% in Feb 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Feb 2025 is 4.47% vs -1.16% in Feb 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Feb'25",
        "Feb'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "26,353.40",
          "val2": "26,536.00",
          "chgp": "-0.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "167.30",
          "val2": "154.10",
          "chgp": "8.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "107.90",
          "val2": "124.70",
          "chgp": "-13.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "500.60",
          "val2": "479.20",
          "chgp": "4.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-4.80%",
          "val2": "-4.60%",
          "chgp": "-0.02%",
          "chgp_class": "negative"
        }
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]

Quarterly Results Snapshot (Consolidated) - May'25 - QoQ

May'25

Nov'24

Change(%)

Net Sales

7,546.50

6,223.40

21.26%

Operating Profit (PBDIT) excl Other Income

146.30

40.10

264.84%

Interest

27.10

25.40

6.69%

Exceptional Items

0.00

Consolidate Net Profit

210.40

125.40

67.78%

Operating Profit Margin (Excl OI)

8.80%

-5.70%

1.45%

USD in Million.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Consolidated Net Profit

Not Applicable: The company has declared_date for only one period

All Quarterly Results

Annual Results Snapshot (Consolidated) - Feb'25

Feb'25

Feb'24

Change(%)

Net Sales

26,353.40

26,536.00

-0.69%

Operating Profit (PBDIT) excl Other Income

167.30

154.10

8.57%

Interest

107.90

124.70

-13.47%

Exceptional Items

0.00

Consolidate Net Profit

500.60

479.20

4.47%

Operating Profit Margin (Excl OI)

-4.80%

-4.60%

-0.02%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Feb 2025 is -0.69% vs -10.61% in Feb 2024

Consolidated Net Profit

YoY Growth in year ended Feb 2025 is 4.47% vs -1.16% in Feb 2024

All Annual Results

Company CV

About CarMax, Inc.

CarMax, Inc.

Retailing

CarMax, Inc. (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company's CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF. The Company's CAF segment consists of its own finance operation that provides vehicle financing through CarMax stores. The Company operates approximately 160 used car stores in over 70 metropolitan markets. The Company's products and services include retail merchandising, wholesale auctions, extended protection plans (EPPs), reconditioning and service, and customer credit. The Company's CarMax Sales Operations segment sells used vehicles, purchases used vehicles from customers and other sources, sells related products and services, and arranges financing options for customers. CAF operates in the auto finance sector of the consumer finance market.

Company Coordinates

Company Details

12800 Tuckahoe Creek Pkwy , RICHMOND VA : 23238-1115

Tel: 1 804 74704221 804 7470422

https://www.carmax.com/

Registrar Details

CarMax, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is CarMax, Inc.?

Watch in Real-Time

What does CarMax, Inc. do?

Who are in the management team of CarMax, Inc.?

Is CarMax, Inc. technically bullish or bearish?

Is CarMax, Inc. overvalued or undervalued?

MarketsMojo — Loved in India, Now Global

Dashboard

Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months

Flat results in May 25

With ROE of 8.02%, it has a fair valuation with a 1.60 Price to Book Value

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Is CarMax, Inc. overvalued or undervalued?

Is CarMax, Inc. overvalued or undervalued?

Is CarMax, Inc. overvalued or undervalued?

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Feb 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - May'25 - QoQ

Annual Results Snapshot (Consolidated) - Feb'25

About CarMax, Inc.

Company Coordinates