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CarMaxKMX -0.17%72 EV-to-FCF is 26.94 as of Jul. 25, 2026. GuruFocus rates KMX with a GF Score™ of 72/100 and a GF Value™ of $75.57 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 849 Vehicles & Parts companies, CarMax ranks worse than 65.37% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, CarMax's Enterprise Value is $26,782 Mil.
CarMax's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 was $994 Mil. Therefore, CarMax's EV-to-FCF for today is 26.94.
The historical rank and industry rank for CarMax's EV-to-FCF or its related term are showing as below:
KMX'
s EV-to-FCF Range Over the Past 10 Years
Min: -4860.95 Med: -22.2 Max: 347.93
Current: 26.94
During the past 13 years, the highest EV-to-FCF of CarMax was 347.93. The lowest was -4860.95. And the median was -22.20.
KMX's EV-to-FCF is ranked worse than 65.37% of 849
companies
in the Vehicles & Parts industry
Industry Median: 16.31
vs KMX: 26.94
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
As of today (2026-07-25), CarMax's stock price is $58.29.
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 38.10.
CarMax (NYSE:KMX) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $58.29.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
CarMax EV-to-FCF Related Terms
CarMax EV-to-FCF Historical Data
* Premium members only.
The historical data trend for CarMax's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarMax's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where CarMax's EV-to-FCF falls into.
CarMax's current Enterprise Value is $26,782 Mil.
CarMax's Free Cash Flow 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 $994 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 (KMX) has a EV-to-FCF of 26.94 as of Jul. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on CarMax and its competitors. According to the industry distribution chart, CarMax ranks #555 out of 849 companies in the Vehicles & Parts industry, placing it in the top 65.4%.
Is CarMax's EV-to-FCF too high?
CarMax's current EV-to-FCF is 26.94. The Vehicles & Parts industry median EV-to-FCF is 16.31. CarMax's value of 26.94 is 65.2% above this industry median. Based on the distribution chart, CarMax ranks #555 out of 849 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, CarMax has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CarMax's EV-to-FCF compare to LAD and AN?
According to the Vehicles & Parts industry distribution chart, CarMax ranks #555 out of 849 companies for EV-to-FCF. This places CarMax in the lower half of its industry. The industry median EV-to-FCF is 16.31. CarMax's value of 26.94 is 65.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Vehicles & Parts company?
The median EV-to-FCF among Vehicles & Parts companies is 16.31, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CarMax's current EV-to-FCF of 26.94 is 65.2% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on CarMax and its competitors. For the Vehicles & Parts industry, the median EV-to-FCF is 16.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarMax's current EV-to-FCF is 26.94. 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 (KMX) is currently considered Modestly Undervalued. The stock's GF Value™ is $75.57, compared to a current price of $58.29 — trading 22.9% below its estimated fair value. The current EV-to-FCF is 26.94 and 65.2% above the Vehicles & Parts industry median of 16.31. CarMax's overall GF Score™ is 72/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For CarMax (KMX), the current EV-to-FCF is 26.94 as of Jul. 25, 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 (KMX) Overvalued in 2026?
Based on GuruFocus' analysis, CarMax stock appears to be undervalued.
The current stock price of $58.29 is trading 22.9% below its estimated GF Value™ of $75.57.
GuruFocus considers CarMax to be Modestly Undervalued.
Key valuation signals for KMX:
EV-to-FCF: 26.94
GF Value™: $75.57 vs. price of $58.29 (22.9% below fair value)
Industry Position: 65.2% above the Vehicles & Parts median (#555 of 849)
No single metric tells the full story. See the KMX 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.
72GF Score
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