Carmax Inc (KMX)

NYSE · Consumer Cyclical · Auto & Truck Dealerships · USA

Carmax Inc is a mid cap company (market value between $2 billion and $10 billion) in the Auto & Truck Dealerships industry.

CarMax is the nation's largest used vehicle retailer, offering a broad selection of quality used cars at fixed, no-haggle prices through an omni-channel platform. The company also operates wholesale vehicle auctions for dealers and provides auto financing through its own finance subsidiary.

From its FY2026 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Carmax Inc stock.

Our verdict on KMX

Overvalued: intrinsic value $20.23 per share, market price $51.65, margin of safety -155.3% (as of 2026-10-19).

Discounting its cash flows at 6.7% values the shares at $20.23; the price of $51.65 is 155% above that value, and 84% of that value comes from beyond year five.

Leak Score: 52/100 on 11 of 12 signals (Weak Signal).

ETFs with the most weight in KMX

17 more funds hold it; the full list is part of the paid plan.

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Is KMX undervalued or overvalued?

KMX is overvalued (as of the 2026-10-19 close). Discounting its cash flows at 6.7% values the shares at $20.23; the price of $51.65 is 155% above that value, and 84% of that value comes from beyond year five.

What is the intrinsic value of KMX?

$20.23 per share (as of the 2026-10-19 close), against a market price of $51.65. That is a margin of safety of -155.3%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Carmax Inc's Leak Score?

52 out of 100, which we rate "Weak Signal", on 11 of 12 value investing signals.