CarMax (CarMax) EV-to-EBIT

: 20.94 (As of Today)

View and export this data going back to 1997. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CarMax's Enterprise Value is $29,425 Mil. CarMax's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $1,405 Mil. Therefore, CarMax's EV-to-EBIT for today is 20.94.

The historical rank and industry rank for CarMax's EV-to-EBIT or its related term are showing as below:

KMX' s EV-to-EBIT Range Over the Past 10 Years
Min: 15.27 Med: 23.04 Max: 29.32
Current: 20.93

During the past 13 years, the highest EV-to-EBIT of CarMax was 29.32. The lowest was 15.27. And the median was 23.04.

KMX's EV-to-EBIT is ranked worse than
71.96% of 1045 companies
in the Vehicles & Parts industry
Industry Median: 12.38 vs KMX: 20.93

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. CarMax's Enterprise Value for the quarter that ended in Feb. 2024 was $31,188 Mil. CarMax's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $1,405 Mil. CarMax's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 4.51%.

CarMax EV-to-EBIT Historical Data

The historical data trend for CarMax's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CarMax Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

EV-to-EBIT

18.74

25.55

20.26

27.66

22.20

CarMax Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
EV-to-EBIT																27.66	26.82	26.32	21.38	22.20

Competitive Comparison

For the Auto & Truck Dealerships subindustry, CarMax's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CarMax EV-to-EBIT Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, CarMax's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CarMax's EV-to-EBIT falls into.

CarMax EV-to-EBIT Calculation

CarMax's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	29424.523	/	1405.045
	=	20.94

CarMax's current Enterprise Value is $29,425 Mil.
CarMax's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,405 Mil.

CarMax (NYSE:KMX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

CarMax's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2024 )	=	EBIT	/	Enterprise Value (Q: Feb. 2024 )
	=	1405.045	/	31187.682
	=	4.51 %

CarMax's Enterprise Value for the quarter that ended in Feb. 2024 was $31,188 Mil.
CarMax's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,405 Mil.

CarMax EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of CarMax's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

CarMax (CarMax) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CarMax Inc (NYSE:KMX) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

KMX:Mexico XA4:Germany

Address

12800 Tuckahoe Creek Parkway, Richmond, VA, USA, 23238

Website

https://www.carmax.com

CarMax sells, finances, and services used and new cars through a chain of about 240 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue (78% in fiscal 2023 due to the chip shortage) and wholesale about 13% (20% in fiscal 2023), with the remaining portion composed of extended service plans and repair. In fiscal 2023, the company retailed and wholesaled 807,823, and 585,071 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the U.S. but still estimates that it has only about 4% U.S. market share of vehicles 0-10 years old in 2022. It seeks over 5% share by the end of calendar 2025. CarMax is based in Richmond, Virginia.

Executives

Jon G Daniels	officer: SVP, CAF	12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
William D Nash	officer: EVP, HR & Admin Services	12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Darren C Newberry	officer: SVP	12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
James Lyski	officer: SVP & Chief Marketing Officer	CARMAX, 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Jill A Livesay	officer: VP, Controller & PAO	CARMAX, INC., 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Mohammad Shamim	officer: SVP and CIO	12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Diane L Cafritz	officer: SVP & CHRO	12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Charles Joseph Wilson	officer: SVP	12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Ronald E Blaylock	director
Edwin J Hill	officer: SVP	12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Eric M Margolin	officer: SVP, Gen. Counsel & Secretary	CARMAX, 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Thomas J Folliard	officer: Executive Vice President	12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Enrique N Mayor-mora	officer: SVP & CFO	12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Reedy Thomas W Jr	officer: SVP & CFO	12800 TUCKHOE CREEK PARKWAY, RICHMOND VA 23238
Mark F Oneil	director	C/O CARMAX, INC., 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238