Professional
Added to YB: 2024-09-30
Pitch date: 2024-09-30
KMX [bullish]
CarMax, Inc.
-46.73%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States.
Market Cap
$5.1B
Pitch Price
$76.82
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.91
P/E
10.13
EV/Sales
0.84
Sector
Specialty Retail
Category
value
Idea Brunch with Gwen Hofmeyr of Maiden Financial - CarMax, Inc.
KMX: CarMax at $11.6B offers ~12% forward return. Recession = buying opp. Auto affordability issues temporary; ownership crucial to US economy. Profitable financing arm, strong asset-backed financing & recession-proof balance sheet. Long-term play on auto market recovery.
Read full article (1 min)