KMX (CarMax) FFO

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KMX CarMax Inc KMX
73 GF Score
Price $57.26
GF Value $75.69
Valuation Modestly Undervalued
! 7 Warning Signs
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What is CarMax FFO?

FFO (Funds from operations) only applies to REITs.

KMX
73GF Score
CarMax Inc KMX
FFO is just one metric. See GF Score™, valuation, warning signs, and more.
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Is CarMax (KMX) Overvalued in 2026?

Based on GuruFocus' analysis, CarMax stock appears to be undervalued. The current stock price of $57.26 is trading 24.3% below its estimated GF Value™ of $75.69. GuruFocus considers CarMax to be Modestly Undervalued.

Key valuation signals for KMX:

  • FFO:
  • GF Value™: $75.69 vs. price of $57.26 (24.3% below fair value)
  • GF Score™: 73/100 with 7 warning signs

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 Business Description

Address 12800 Tuckahoe Creek Parkway, Richmond, VA, USA, 23238
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.
73GF Score

Get the complete analysis for KMX

FFO is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$57.26
Price
$75.69
GF Value