Added to YB: 2025-01-23
Pitch date: 2025-01-23
CRMT [bullish]
America's Car-Mart, Inc.
-50.14%
current return
Author Info
Northeastern University Student Value Fund is the premier investment fund at Northeastern University. Visit their website.
Company Info
America's Car-Mart, Inc., through its subsidiaries, operates as an automotive retailer for the used car market in the United States.
Market Cap
$212.0M
Pitch Price
$48.54
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.80
P/E
-14.20
EV/Sales
0.71
Sector
Specialty Retail
Category
turnaround
Long America's Car-Mart ($CRMT)
CRMT: Buy-here-pay-here auto dealer at 28% discount to $530M NAV, 56% below $867M replacement cost. New CEO improving profitability via LOS (21% lower losses), M&A ($7.5M 2 locations). Industry bottoming: bankruptcies, less M&A competition. Risks: debt cost, securitization model, poor reviews. 20%+ ROE potential.
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