Professional
Added to YB: 2024-07-15
Pitch date: 2024-07-10
KMX [neutral]
CarMax, Inc.
-48.29%
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
$78.57
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.60
P/E
12.07
EV/Sales
0.88
Sector
Specialty Retail
Category
turnaround
Alphyn Capital Management Portfolio Holding: CarMax, Inc.
KMX: Used car retailer facing challenges from online competitors & high financing costs. Invested in omnichannel & tech for efficient sourcing. Prioritizes $2,500 margin/car over volume. Long-term potential from market normalization & operational leverage. Experienced mgmt adapting to changes. Reassessing risk-reward vs other opportunities.
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