Carmax Inc Stock Net Income
| KMX Stock | USD 70.27 0.58 0.83% |
CarMax Inc fundamentals help investors to digest information that contributes to CarMax's financial success or failures. It also enables traders to predict the movement of CarMax Stock. The fundamental analysis module provides a way to measure CarMax's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CarMax stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 479.2 M | 396.4 M | |
| Net Income Applicable To Common Shares | 888.4 M | 932.9 M | |
| Net Income From Continuing Ops | 479.2 M | 714.5 M | |
| Net Income Per Share | 3.03 | 1.54 | |
| Net Income Per E B T | 0.75 | 0.52 |
CarMax | Net Income |
CarMax Inc Company Net Income Analysis
CarMax's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current CarMax Net Income | 479.2 M |
Most of CarMax's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CarMax Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
CarMax Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for CarMax is extremely important. It helps to project a fair market value of CarMax Stock properly, considering its historical fundamentals such as Net Income. Since CarMax's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CarMax's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CarMax's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
CarMax Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, CarMax Inc reported net income of 479.2 M. This is 6.16% lower than that of the Specialty Retail sector and 72.38% higher than that of the Consumer Discretionary industry. The net income for all United States stocks is 16.07% higher than that of the company.
CarMax Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CarMax's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CarMax could also be used in its relative valuation, which is a method of valuing CarMax by comparing valuation metrics of similar companies.CarMax is currently under evaluation in net income category among related companies.
CarMax ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CarMax's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CarMax's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
CarMax Institutional Holders
Institutional Holdings refers to the ownership stake in CarMax that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CarMax's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CarMax's value.| Shares | Amvescap Plc. | 2023-12-31 | 3.2 M | Akre Capital Management, Llc | 2023-12-31 | 2.7 M | Morningstar Investment Services Llc | 2023-12-31 | 2.7 M | Fiduciary Management, Inc. Of Milwaukee | 2023-12-31 | 2.6 M | Turtle Creek Asset Management Inc. | 2023-12-31 | 2.6 M | London Company Of Virginia | 2023-12-31 | 2.4 M | Cooke & Bieler Lp | 2023-12-31 | 2.3 M | First Pacific Advisors, Lp | 2023-12-31 | 2.3 M | Wellington Management Company Llp | 2023-12-31 | 2.3 M | Vanguard Group Inc | 2023-12-31 | 18.1 M | Blackrock Inc | 2023-12-31 | 10.9 M |
CarMax Fundamentals
| Return On Equity | 0.082 | |||
| Return On Asset | 0.0177 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 29.64 B | |||
| Shares Outstanding | 157.39 M | |||
| Shares Owned By Insiders | 0.33 % | |||
| Shares Owned By Institutions | 99.67 % | |||
| Number Of Shares Shorted | 19.12 M | |||
| Price To Earning | 14.73 X | |||
| Price To Book | 1.85 X | |||
| Price To Sales | 0.40 X | |||
| Revenue | 26.54 B | |||
| Gross Profit | 2.8 B | |||
| EBITDA | 154.1 M | |||
| Net Income | 479.2 M | |||
| Cash And Equivalents | 102.72 M | |||
| Cash Per Share | 0.36 X | |||
| Total Debt | 19.53 B | |||
| Debt To Equity | 3.59 % | |||
| Current Ratio | 2.75 X | |||
| Book Value Per Share | 38.54 X | |||
| Cash Flow From Operations | 458.62 M | |||
| Short Ratio | 12.57 X | |||
| Earnings Per Share | 3.02 X | |||
| Price To Earnings To Growth | 0.90 X | |||
| Target Price | 78.12 | |||
| Number Of Employees | 29.84 K | |||
| Beta | 1.6 | |||
| Market Capitalization | 10.97 B | |||
| Total Asset | 27.52 B | |||
| Retained Earnings | 4.13 B | |||
| Working Capital | 2.91 B | |||
| Current Asset | 2.47 B | |||
| Current Liabilities | 1.01 B | |||
| Net Asset | 27.52 B |
About CarMax Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CarMax Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CarMax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CarMax Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
CarMax Investors Sentiment
The influence of CarMax's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CarMax. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CarMax's public news can be used to forecast risks associated with an investment in CarMax. The trend in average sentiment can be used to explain how an investor holding CarMax can time the market purely based on public headlines and social activities around CarMax Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CarMax's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CarMax's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CarMax's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CarMax.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CarMax in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CarMax's short interest history, or implied volatility extrapolated from CarMax options trading.
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When running CarMax's price analysis, check to measure CarMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarMax is operating at the current time. Most of CarMax's value examination focuses on studying past and present price action to predict the probability of CarMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarMax's price. Additionally, you may evaluate how the addition of CarMax to your portfolios can decrease your overall portfolio volatility.
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Is CarMax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CarMax. If investors know CarMax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CarMax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Earnings Share 3.02 | Revenue Per Share 178.322 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0177 |
The market value of CarMax Inc is measured differently than its book value, which is the value of CarMax that is recorded on the company's balance sheet. Investors also form their own opinion of CarMax's value that differs from its market value or its book value, called intrinsic value, which is CarMax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CarMax's market value can be influenced by many factors that don't directly affect CarMax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CarMax's value and its price as these two are different measures arrived at by different means. Investors typically determine if CarMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarMax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.