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CarMaxLTS:0HTQ -3.81%69 EV-to-EBIT is 21.79 as of Jul. 31, 2026, which is 5% above its 10-year median of 20.82. GuruFocus rates LTS:0HTQ with a GF Score™ of 69/100 and a GF Value™ of $76.63 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,080 Vehicles & Parts companies, CarMax ranks worse than 71.57% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CarMax's Enterprise Value is $26,841 Mil.
CarMax's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $1,232 Mil. Therefore, CarMax's EV-to-EBIT for today is 21.79.
The historical rank and industry rank for CarMax's EV-to-EBIT or its related term are showing as below:
LTS:0HTQ'
s EV-to-EBIT Range Over the Past 10 Years
Min: 14.44 Med: 20.82 Max: 28.8
Current: 21.79
During the past 13 years, the highest EV-to-EBIT of CarMax was 28.80. The lowest was 14.44. And the median was 20.82.
LTS:0HTQ's EV-to-EBIT is ranked worse than 71.57% of 1080
companies
in the Vehicles & Parts industry
Industry Median: 13.07
vs LTS:0HTQ: 21.79
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.
CarMax's Enterprise Value for the quarter that ended in May. 2026 was $24,922 Mil.
CarMax's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,232 Mil.
* 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.
CarMax EV-to-EBIT Related Terms
CarMax EV-to-EBIT Historical Data
* Premium members only.
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.
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 vs Vehicles & Parts Industry
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's current Enterprise Value is $26,841 Mil.
CarMax's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,232 Mil.
* 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.
CarMax (LTS:0HTQ) has a EV-to-EBIT of 21.79 as of Jul. 31, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on CarMax and its competitors. This is near median its historical median of 20.82. Over the past decade, CarMax's EV-to-EBIT has ranged from 14.44 to 28.80. According to the industry distribution chart, CarMax ranks #773 out of 1080 companies in the Vehicles & Parts industry, placing it in the top 71.6%.
Is CarMax's EV-to-EBIT too high?
CarMax's current EV-to-EBIT of 21.79 is near median its 10-year median of 20.82. Over the past 10 years, this metric has ranged from a low of 14.44 to a high of 28.80. The Vehicles & Parts industry median EV-to-EBIT is 13.07. CarMax's value of 21.79 is 66.7% above this industry median. Based on the distribution chart, CarMax ranks #773 out of 1080 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, CarMax has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CarMax's EV-to-EBIT compare to ALTB and LAD?
According to the Vehicles & Parts industry distribution chart, CarMax ranks #773 out of 1080 companies for EV-to-EBIT. This places CarMax in the lower half of its industry. The industry median EV-to-EBIT is 13.07. CarMax's value of 21.79 is 66.7% above this benchmark. Historically, CarMax's own EV-to-EBIT has ranged from 14.44 to 28.80 over the past decade. While the company's 10-year median is 20.82 vs. the industry median of 13.07, CarMax has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Vehicles & Parts company?
The median EV-to-EBIT among Vehicles & Parts companies is 13.07, based on 1,080 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CarMax's current EV-to-EBIT of 21.79 is 66.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on CarMax and its competitors. For the Vehicles & Parts industry, the median EV-to-EBIT is 13.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarMax's current EV-to-EBIT is 21.79, which is near median its own 10-year median of 20.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarMax stock overvalued right now?
Based on GuruFocus' analysis, CarMax (LTS:0HTQ) is currently considered Modestly Undervalued. The stock's GF Value™ is $76.63, compared to a current price of $58.25 — trading 24% below its estimated fair value. The current EV-to-EBIT is 21.79, which is near median its 10-year median of 20.82 and 66.7% above the Vehicles & Parts industry median of 13.07. CarMax's overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For CarMax (LTS:0HTQ), the current EV-to-EBIT is 21.79 as of Jul. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CarMax (LTS:0HTQ) Overvalued in 2026?
Based on GuruFocus' analysis, CarMax stock appears to be undervalued.
The current stock price of $58.25 is trading 24% below its estimated GF Value™ of $76.63.
GuruFocus considers CarMax to be Modestly Undervalued.
Key valuation signals for LTS:0HTQ:
EV-to-EBIT: 21.79 (near median its 10-year median of 20.82)
GF Value™: $76.63 vs. price of $58.25 (24% below fair value)
Industry Position: 66.7% above the Vehicles & Parts median (#773 of 1080)
No single metric tells the full story. See the LTS:0HTQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CarMax sells, finances, and services used and new cars through a chain of over about 260 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 were 80% of fiscal 2026 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2026, the company retailed and wholesaled 780,684 and 538,203 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US, but still estimates that it had only about 3.6% US market share of vehicles zero to 10 years old in calendar 2025. CarMax is based in Richmond, Virginia.
69GF Score
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