Is America's Car-Mart, Inc. overvalued or undervalued?

As of 17 October 2025, America's Car-Mart, Inc. has moved from a very attractive to a fair valuation grade. The company appears to be overvalued based on its current metrics, which include a P/E ratio of 110, a Price to Book Value of 1.52, and an EV to EBITDA of 16.99. In comparison to peers, MarineMax, Inc. has a P/E of 43.30 and an EV to EBITDA of 13.11, while Betterware de México SAB de CV shows a more favorable P/E of 18.74 and an EV to EBITDA of 6.39, indicating that America's Car-Mart is trading at a premium relative to its industry.
The stock has significantly underperformed compared to the S&P 500, with a year-to-date return of -51.47% versus the index's 13.30%. This stark contrast reinforces the notion that America's Car-Mart is currently overvalued in the market.