CarMax DCF valuation and fair value (KMX)

Review CarMax's current market price, analyst target and financial fundamentals before building a discounted cash flow valuation.

Key company data

  • Latest recorded price: $58.70 on 2026-07-30
  • Market capitalization: $8.27B
  • Price-to-earnings ratio: 36.71
  • Analyst target price: $53.15
  • Sector: Automotive Retail

About CarMax

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; wholesale auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.

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