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CarMaxLTS:0HTQ -3.81%69 EV-to-EBITDA is 16.87 as of Jul. 31, 2026, which is 6% below its 10-year median of 17.87. 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 1,147 Vehicles & Parts companies, CarMax ranks worse than 73.93% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, CarMax's enterprise value is $26,841 Mil.
CarMax's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was $1,591 Mil. Therefore, CarMax's EV-to-EBITDA for today is 16.87.
The historical rank and industry rank for CarMax's EV-to-EBITDA or its related term are showing as below:
LTS:0HTQ'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.3 Med: 17.87 Max: 23.47
Current: 16.87
During the past 13 years, the highest EV-to-EBITDA of CarMax was 23.47. The lowest was 12.30. And the median was 17.87.
LTS:0HTQ's EV-to-EBITDA is ranked worse than 73.93% of 1147
companies
in the Vehicles & Parts industry
Industry Median: 9.41
vs LTS:0HTQ: 16.87
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-07-31), CarMax's stock price is $58.25.
CarMax's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $1.530. Therefore, CarMax's PE Ratio (TTM) for today is 38.07.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
CarMax's share price for today is $58.25.
CarMax's Earnings per Share (Diluted) 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 $1.530.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for CarMax's EV-to-EBITDA 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.
LTS:0HTQ vs ALTB, LAD, AN: EV-to-EBITDA Comparison
For the Auto & Truck Dealerships subindustry, CarMax's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarMax's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where CarMax's EV-to-EBITDA falls into.
CarMax's current Enterprise Value is $26,841 Mil.
CarMax's EBITDA 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 $1,591 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-EBITDA of 16.87 as of Jul. 31, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on CarMax. This is near median its historical median of 17.87. Over the past decade, CarMax's EV-to-EBITDA has ranged from 12.30 to 23.47. According to the industry distribution chart, CarMax ranks #848 out of 1147 companies in the Vehicles & Parts industry, placing it in the top 73.9%.
Is CarMax's EV-to-EBITDA too high?
CarMax's current EV-to-EBITDA of 16.87 is near median its 10-year median of 17.87. Over the past 10 years, this metric has ranged from a low of 12.30 to a high of 23.47. The Vehicles & Parts industry median EV-to-EBITDA is 9.41. CarMax's value of 16.87 is 79.3% above this industry median. Based on the distribution chart, CarMax ranks #848 out of 1147 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-EBITDA compare to ALTB and LAD?
According to the Vehicles & Parts industry distribution chart, CarMax ranks #848 out of 1147 companies for EV-to-EBITDA. This places CarMax in the lower half of its industry. The industry median EV-to-EBITDA is 9.41. CarMax's value of 16.87 is 79.3% above this benchmark. Historically, CarMax's own EV-to-EBITDA has ranged from 12.30 to 23.47 over the past decade. While the company's 10-year median is 17.87 vs. the industry median of 9.41, 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-EBITDA for a Vehicles & Parts company?
The median EV-to-EBITDA among Vehicles & Parts companies is 9.41, based on 1,147 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CarMax's current EV-to-EBITDA of 16.87 is 79.3% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on CarMax. For the Vehicles & Parts industry, the median EV-to-EBITDA is 9.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarMax's current EV-to-EBITDA is 16.87, which is near median its own 10-year median of 17.87. 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-EBITDA is 16.87, which is near median its 10-year median of 17.87 and 79.3% above the Vehicles & Parts industry median of 9.41. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For CarMax (LTS:0HTQ), the current EV-to-EBITDA is 16.87 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-EBITDA: 16.87 (near median its 10-year median of 17.87)
GF Value™: $76.63 vs. price of $58.25 (24% below fair value)
Industry Position: 79.3% above the Vehicles & Parts median (#848 of 1147)
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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