Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 0.02
KMX's Cash to Debt is ranked lower than
61% of the 1384 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 0.48 vs. KMX: 0.02 )
KMX' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.02

Equity to Asset 0.25
KMX's Equity to Asset is ranked lower than
55% of the 1384 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 0.46 vs. KMX: 0.25 )
KMX' s 10-Year Equity to Asset Range
Min: 0.25   Max: 0.8
Current: 0.25

0.25
0.8
Interest Coverage 16.00
KMX's Interest Coverage is ranked higher than
66% of the 879 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 17.78 vs. KMX: 16.00 )
KMX' s 10-Year Interest Coverage Range
Min: 1.17   Max: 131.62
Current: 16

1.17
131.62
F-Score: 2
Z-Score: 2.57
M-Score: -1.69
WACC vs ROIC
6.63%
3.37%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 4.28
KMX's Operating margin (%) is ranked higher than
66% of the 1394 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 5.61 vs. KMX: 4.28 )
KMX' s 10-Year Operating margin (%) Range
Min: -6.21   Max: 7.16
Current: 4.28

-6.21
7.16
Net-margin (%) 4.00
KMX's Net-margin (%) is ranked higher than
69% of the 1394 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 4.33 vs. KMX: 4.00 )
KMX' s 10-Year Net-margin (%) Range
Min: -3.91   Max: 4.21
Current: 4

-3.91
4.21
ROE (%) 16.80
KMX's ROE (%) is ranked higher than
88% of the 1380 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 8.95 vs. KMX: 16.80 )
KMX' s 10-Year ROE (%) Range
Min: -9.1   Max: 20.71
Current: 16.8

-9.1
20.71
ROA (%) 4.58
KMX's ROA (%) is ranked higher than
72% of the 1402 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 4.29 vs. KMX: 4.58 )
KMX' s 10-Year ROA (%) Range
Min: -7.81   Max: 12.69
Current: 4.58

-7.81
12.69
ROC (Joel Greenblatt) (%) 18.55
KMX's ROC (Joel Greenblatt) (%) is ranked higher than
82% of the 1399 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 12.75 vs. KMX: 18.55 )
KMX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -29.74   Max: 33.76
Current: 18.55

-29.74
33.76
Revenue Growth (3Y)(%) 11.90
KMX's Revenue Growth (3Y)(%) is ranked higher than
83% of the 1166 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 7.20 vs. KMX: 11.90 )
KMX' s 10-Year Revenue Growth (3Y)(%) Range
Min: -21.4   Max: 425
Current: 11.9

-21.4
425
EBITDA Growth (3Y)(%) 9.00
KMX's EBITDA Growth (3Y)(%) is ranked higher than
78% of the 1061 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 5.50 vs. KMX: 9.00 )
KMX' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 67.8
Current: 9

0
67.8
EPS Growth (3Y)(%) 9.20
KMX's EPS Growth (3Y)(%) is ranked higher than
77% of the 961 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 6.30 vs. KMX: 9.20 )
KMX' s 10-Year EPS Growth (3Y)(%) Range
Min: -27.2   Max: 255.7
Current: 9.2

-27.2
255.7
» KMX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2014

KMX Guru Trades in Q1 2014

Lee Ainslie 737,850 sh (New)
Steven Cohen 963,990 sh (+725.57%)
Chuck Akre 200,000 sh (+100%)
Ron Baron 3,942,811 sh (+11.08%)
PRIMECAP Management 13,549,193 sh (+4.84%)
Kyle Bass 500 sh (unchged)
Bill Frels Sold Out
Jim Simons Sold Out
RS Investment Management Sold Out
Dodge & Cox 7,638,210 sh (-0.22%)
Tom Gayner 4,963,070 sh (-1.26%)
First Pacific Advisors 1,204,500 sh (-1.59%)
Pioneer Investments 215,038 sh (-2.68%)
Chris Davis 8,856,125 sh (-8.53%)
Ray Dalio 27,214 sh (-70.42%)
» More
Q2 2014

KMX Guru Trades in Q2 2014

Bill Frels 3,875 sh (New)
Chuck Akre 600,000 sh (+200%)
Chris Davis 11,224,343 sh (+26.74%)
Ron Baron 4,414,243 sh (+11.96%)
Dodge & Cox 7,724,510 sh (+1.13%)
First Pacific Advisors 1,204,500 sh (unchged)
Tom Gayner 4,963,070 sh (unchged)
Lee Ainslie Sold Out
Ray Dalio Sold Out
PRIMECAP Management 13,399,079 sh (-1.11%)
Pioneer Investments 84,163 sh (-60.86%)
» More
Q3 2014

KMX Guru Trades in Q3 2014

Ray Dalio 25,314 sh (New)
Chuck Akre 1,195,000 sh (+99.17%)
Chris Davis 11,268,011 sh (+0.39%)
First Pacific Advisors 1,204,500 sh (unchged)
Tom Gayner 4,963,070 sh (unchged)
Bill Frels Sold Out
Ron Baron 4,404,662 sh (-0.22%)
PRIMECAP Management 13,319,146 sh (-0.6%)
Dodge & Cox 7,612,110 sh (-1.46%)
» More
Q4 2014

KMX Guru Trades in Q4 2014

Bill Frels 3,875 sh (New)
Chuck Akre 1,700,000 sh (+42.26%)
Chris Davis 11,726,913 sh (+4.07%)
Tom Gayner 4,963,070 sh (unchged)
First Pacific Advisors 1,204,500 sh (unchged)
Ray Dalio Sold Out
PRIMECAP Management 13,236,551 sh (-0.62%)
Dodge & Cox 7,500,571 sh (-1.47%)
Ron Baron 4,248,661 sh (-3.54%)
» More
» Details

Insider Trades

Latest Guru Trades with KMX

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Chuck Akre 2014-12-31 Add 42.26%0.89%$43.9 - $67.87 $ 67.3922%1700000
Ray Dalio 2014-12-31 Sold Out 0.01%$43.9 - $67.87 $ 67.3922%0
Chuck Akre 2014-09-30 Add 99.17%0.8%$47.11 - $53.71 $ 67.3931%1195000
Ray Dalio 2014-09-30 New Buy0.01%$47.11 - $53.71 $ 67.3931%25314
Chuck Akre 2014-06-30 Add 200%0.61%$42.88 - $52.75 $ 67.3949%600000
Lee Ainslie 2014-06-30 Sold Out 0.48%$42.88 - $52.75 $ 67.3949%0
Chris Davis 2014-06-30 Add 26.74%0.36%$42.88 - $52.75 $ 67.3949%11224343
Ray Dalio 2014-06-30 Sold Out 0.01%$42.88 - $52.75 $ 67.3949%0
Lee Ainslie 2014-03-31 New Buy0.48%$44.57 - $49.43 $ 67.3944%737850
Chuck Akre 2014-03-31 Add 100%0.15%$44.57 - $49.43 $ 67.3944%200000
Ray Dalio 2014-03-31 Reduce -70.42%0.02%$44.57 - $49.43 $ 67.3944%27214
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on CarMax Inc

Ron Baron Comments on CarMax Inc. - Apr 24, 2013

Leading used car retailer CarMax, Inc. (KMX) has invested over $100 million to develop proprietary IT systems that enable the company to turn its vehicle inventories faster; locate new stores more advantageously; and leverage its rapidly growing wholesale business.

From Ron Baron’s Baron Funds first quarter 2013 investor letter.


Check out Ron Baron latest stock trades

Top Ranked Articles about CarMax Inc

Weekly Insider Sells Highlight: ADP, KMX, SYK, DVA
According to GuruFocus Insider Data, the largest insider sells during the past week were: Automatic Data Processing, CarMax Inc, Stryker Corporation, and DaVita Healthcare Partners Inc. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 27.00
KMX's P/E(ttm) is ranked higher than
65% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 19.50 vs. KMX: 27.00 )
KMX' s 10-Year P/E(ttm) Range
Min: 11.93   Max: 62.52
Current: 27

11.93
62.52
Forward P/E 22.94
KMX's Forward P/E is ranked higher than
76% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 20.04 vs. KMX: 22.94 )
N/A
PE(NRI) 27.00
KMX's PE(NRI) is ranked higher than
65% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 19.50 vs. KMX: 27.00 )
KMX' s 10-Year PE(NRI) Range
Min: 11.74   Max: 63
Current: 27

11.74
63
P/B 4.47
KMX's P/B is ranked lower than
53% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.68 vs. KMX: 4.47 )
KMX' s 10-Year P/B Range
Min: 0.92   Max: 5.16
Current: 4.47

0.92
5.16
P/S 1.08
KMX's P/S is ranked higher than
61% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 0.71 vs. KMX: 1.08 )
KMX' s 10-Year P/S Range
Min: 0.19   Max: 1.09
Current: 1.08

0.19
1.09
EV-to-EBIT 36.63
KMX's EV-to-EBIT is ranked higher than
58% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 15.69 vs. KMX: 36.63 )
KMX' s 10-Year EV-to-EBIT Range
Min: 10.3   Max: 49.4
Current: 36.63

10.3
49.4
PEG 0.81
KMX's PEG is ranked higher than
90% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 0.00 vs. KMX: 0.81 )
KMX' s 10-Year PEG Range
Min: 0.39   Max: 20.84
Current: 0.81

0.39
20.84
Shiller P/E 35.91
KMX's Shiller P/E is ranked higher than
75% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 40.11 vs. KMX: 35.91 )
KMX' s 10-Year Shiller P/E Range
Min: 9.88   Max: 47.96
Current: 35.91

9.88
47.96
Current Ratio 2.77
KMX's Current Ratio is ranked higher than
89% of the 1394 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.50 vs. KMX: 2.77 )
KMX' s 10-Year Current Ratio Range
Min: 1.71   Max: 4.43
Current: 2.77

1.71
4.43
Quick Ratio 0.66
KMX's Quick Ratio is ranked lower than
51% of the 1394 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.07 vs. KMX: 0.66 )
KMX' s 10-Year Quick Ratio Range
Min: 0.46   Max: 2.64
Current: 0.66

0.46
2.64
Days Inventory 51.88
KMX's Days Inventory is ranked higher than
75% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 58.76 vs. KMX: 51.88 )
KMX' s 10-Year Days Inventory Range
Min: 41.27   Max: 52.81
Current: 51.88

41.27
52.81
Days Sales Outstanding 2.33
KMX's Days Sales Outstanding is ranked higher than
99% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 69.71 vs. KMX: 2.33 )
KMX' s 10-Year Days Sales Outstanding Range
Min: 2.32   Max: 54.73
Current: 2.33

2.32
54.73

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 4.47
KMX's Price/Tangible Book is ranked higher than
53% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 2.10 vs. KMX: 4.47 )
KMX' s 10-Year Price/Tangible Book Range
Min: 0.12   Max: 6.28
Current: 4.47

0.12
6.28
Price/Median PS Value 1.67
KMX's Price/Median PS Value is ranked higher than
55% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.31 vs. KMX: 1.67 )
KMX' s 10-Year Price/Median PS Value Range
Min: 0.07   Max: 2.98
Current: 1.67

0.07
2.98
Price/Peter Lynch Fair Value 2.27
KMX's Price/Peter Lynch Fair Value is ranked higher than
86% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 0.00 vs. KMX: 2.27 )
KMX' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.64   Max: 4.87
Current: 2.27

0.64
4.87
Price/Graham Number 2.26
KMX's Price/Graham Number is ranked higher than
62% of the 1451 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.49 vs. KMX: 2.26 )
KMX' s 10-Year Price/Graham Number Range
Min: 0.18   Max: 3.2
Current: 2.26

0.18
3.2
Earnings Yield (Greenblatt) 2.70
KMX's Earnings Yield (Greenblatt) is ranked higher than
56% of the 1392 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 6.60 vs. KMX: 2.70 )
KMX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2   Max: 9.7
Current: 2.7

2
9.7
Forward Rate of Return (Yacktman) 7.57
KMX's Forward Rate of Return (Yacktman) is ranked higher than
74% of the 945 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 8.04 vs. KMX: 7.57 )
KMX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -20.1   Max: 44.8
Current: 7.57

-20.1
44.8

Analyst Estimate

Feb15 Feb16 Feb17
Revenue(Mil) 14,297 15,868 17,491
EPS($) 2.60 2.95 3.37
EPS without NRI($) 2.60 2.95 3.37

Business Description

Industry: Autos » Auto & Truck Dealerships
Compare:LAD, PAG, ABG, AN, IHLDY » details
Traded in other countries:XA4.Germany,
CarMax Inc was incorporated under the laws of the Commonwealth of Virginia in 1996. The Company along with its subsidiaries is engaged in the sales of used vehicles in the United States. It operates in two reportable segments: CarMax Sales Operations and CarMax Auto Finance. Its CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF. Its CAF segment consists of its own finance operation that provides vehicle financing through CarMax superstores. It offers used vehicles at low prices using a customer-friendly sales process in its sales facility. The CarMax consumer offer provides customers to shop for vehicles the same way they shop for items at other retailers. It provides customers with related products and services, including the financing of vehicle purchases through CarMax Auto Finance, or CAF, its own finance operation, and third-party financing providers; the sale of extended service plans and accessories; the appraisal and purchase vehicles directly from consumers; and vehicle repair service. It offers customers a selection of models of used vehicles, including both domestic and imported vehicles, at competitive prices. An integral part of its used car consumer offer is the reconditioning process. This process includes a CarMax Quality Inspection of the engine and all other systems, including cooling, fuel, drivetrain, transmission, electronics, suspension, brakes, steering, air conditioning and other equipment, as well as the interior and exterior of the vehicle. Vehicles purchased through its in-store appraisal process that do not meet its retail standards are sold through on-site wholesale auctions. It offers customers a range of financing alternatives, which enhances the CarMax consumer offer. It sells these plans on behalf of unrelated third parties that are the main obligors. The U.S. used car marketplace is fragmented and competitive. The Company's competitors are the franchised auto dealers, who sell the majority of late-model used vehicles. It is subject to a variety of federal, state and local laws and regulations that pertain to the environment.
» More Articles for KMX

Headlines

Articles On GuruFocus.com
Gurufocus Exclusive Interview With François Rochon Of Giverny Capital, 20x In 20 Years, Part II Feb 24 2015 
Analyzing Needham Growth Fund's Pick: CarMax (KMX) Feb 13 2015 
Exclusive Interview With François Rochon of Giverny Capital, 20x in 20 Years, Part I Feb 12 2015 
Chris Davis’ Davis New York Venture Fund Annual Review 2015 Feb 10 2015 
Weekly Insider Sells Highlight: ADP, KMX, SYK, DVA Jan 05 2015 
My 5 Favorite Stocks With Dividend Growth Of The Week Oct 27 2014 
Warren Buffett Buys An Auto Dealer - Here Are 5 Top Dividend Paying Alternatives From The Industry Oct 05 2014 
What About CarMax and Its 'Non-Conventional Strategies'? Sep 06 2014 
These 3 Automotive Dealers Are Good Investments Jul 24 2014 
Weekly CEO Sells Highlight: Progressive Corp, CarMax Inc, Nexstar Broadcasting Group Inc, Con-way In Jun 27 2014 

More From Other Websites
India's smartphone boom Mar 03 2015
Lithia Motors Rolls Over Q4 Estimates, Shares Climb Feb 25 2015
TrueCar Drives Home Q4 Double-Digit Revenue Growth Feb 19 2015
IPO Stock Watch: TrueCar Readies Q4 Earnings Feb 18 2015
Hedge Fund Tiger Consumer Management Loves These Stocks Feb 18 2015
CarMax Grand Opens In Cleveland Feb 17 2015
CarMax Inc. (KMX): New Analyst Report from Zacks Equity Research - Zacks Equity Research Report Feb 16 2015
CarMax Trying To Motor Through New Buy Zone Feb 13 2015
CARMAX INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits Feb 13 2015
Advance Auto Parts' Q4 Earnings Miss Estimates, Rise Y/Y - Analyst Blog Feb 13 2015
CarMax Named To Training Magazine’s Top 125 Feb 11 2015
CarMax Hiring for More Than 2,500 Positions Feb 11 2015
CarMax to hire more than 2,500 across the US Feb 10 2015
CarMax to hire more than 2,500 across the US Feb 10 2015
CarMax Hiring for More Than 2,500 Positions Feb 10 2015
Cummins (CMI) Tops Q4 Earnings on Solid Segment Results - Analyst Blog Feb 05 2015
O'Reilly (ORLY) Q4 Earnings & Revenues Beat Expectations - Analyst Blog Feb 05 2015
AutoNation Up On 'Best Ever' Quarter, Annual Results Feb 03 2015
The “Midlife Crisis Car”: Less Crisis, More Celebration Feb 03 2015
Can Penske, Other Car Dealers Maintain Solid Results? Jan 30 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK