Should you buy CarMax Stock?
- 7 months ago
Carmax is America’s largest car dealer with more than 230 locations across the country. Despite being the biggest, Carmax has a market share of only 4%. That’s because the used car market is highly fragmented.
Based on today’s share price, the company has a market cap of 9.6 billion dollars. Accounting for cash and debt, the enterprise value is roughly 12 billion.
Revenue over the last 12 months was 33.7 billion, net income was 949 million and earnings per share was just under 5 bucks.
Based on today’s share price, the company has a market cap of 9.6 billion dollars. Accounting for cash and debt, the enterprise value is roughly 12 billion.
Revenue over the last 12 months was 33.7 billion, net income was 949 million and earnings per share was just under 5 bucks.