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Added to YB: 2025-12-17

Pitch date: 2025-11-07

KMX [neutral]

CarMax, Inc.

+26.85%

current return

Author Info

No bio for this author

Company Info

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States.

Market Cap

$6.0B

Pitch Price

$32.03

Price Target

N/A

Dividend

N/A

EV/EBITDA

17.60

P/E

12.07

EV/Sales

0.88

Sector

Specialty Retail

Category

turnaround

Show full summary:
FPA Source Capital Portfolio Holding: CarMax, Inc.

KMX (holding update): Despite 47% YTD decline & mgmt missteps (withdrew 2030 targets, overbought inventory, lost market share), trades cheap at 12x forward P/E, 1.1x tangible book. Directors buying shares, increased buybacks. Differentiated used car retailer could see substantial upside if execution improves.

Read full article (1 min)