Based on the key measurements obtained from CarMax's financial statements, CarMax Inc may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. At this time, CarMax's Cash And Short Term Investments are fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 191.8 M in 2025, whereas Net Receivables is likely to drop slightly above 232.5 M in 2025. Key indicators impacting CarMax's financial strength include:
The financial analysis of CarMax is a critical element in measuring its lifeblood. Investors should not minimize CarMax's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Please note, the imprecision that can be found in CarMax's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CarMax Inc. Check CarMax's Beneish M Score to see the likelihood of CarMax's management manipulating its earnings.
CarMax Stock Summary
CarMax competes with AutoNation, OReilly Automotive, AutoZone, Advance Auto, and Ross Stores. CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia. CarMax operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 30000 people.
Foreign Associate
Mexico
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
Comparative valuation techniques use various fundamental indicators to help in determining CarMax's current stock value. Our valuation model uses many indicators to compare CarMax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CarMax competition to find correlations between indicators driving CarMax's intrinsic value. More Info.
CarMax Inc is rated fourth overall in return on equity category among its peers. It is rated fifth overall in return on asset category among its peers reporting about 0.22 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for CarMax Inc is roughly 4.50 . At this time, CarMax's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CarMax's earnings, one of the primary drivers of an investment's value.
CarMax Inc Systematic Risk
CarMax's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CarMax volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on CarMax Inc correlated with the market. If Beta is less than 0 CarMax generally moves in the opposite direction as compared to the market. If CarMax Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CarMax Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CarMax is generally in the same direction as the market. If Beta > 1 CarMax moves generally in the same direction as, but more than the movement of the benchmark.
CarMax Thematic Clasifications
CarMax Inc is part of several thematic ideas from Millennials Best to Corona Opportunity. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in CarMax Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CarMax's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CarMax growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of CarMax help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CarMax Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of CarMax Inc based on widely used predictive technical indicators. In general, we focus on analyzing CarMax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CarMax's daily price indicators and compare them against related drivers.
When running CarMax's price analysis, check to measure CarMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarMax is operating at the current time. Most of CarMax's value examination focuses on studying past and present price action to predict the probability of CarMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarMax's price. Additionally, you may evaluate how the addition of CarMax to your portfolios can decrease your overall portfolio volatility.