CARMAX INC (KMX)
Retail-Auto Dealers & Gasoline Stations
Latest Price
$57.26
TTM P/E
35.57
Normalized P/E
17.26
Div Yield
--
Book Value
43.14
P/B Ratio
1.33
Valuation metrics
adjust assumptions →EPS: $1.68
Book value / share: $41.53
Formula: √(22.5 × EPS × BVPS)
Graham Number
$39.62
31% downside
Base FCF: $861M (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$330.83
+478% upside
EPS: $1.68
Target P/E: 17×
Formula: EPS × P/E
P/E Fair Value
$28.56
50% downside
Institutional Ownership
100.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 17.26M | $717.0M | 12.16% | -592.7K | 2026-03-31 |
| AQR CAPITAL MANAGEMENT LLC | 10.06M | $412.0M | 7.09% | +2.13M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7.28M | $302.0M | 5.13% | -- | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 6.39M | $265.0M | 4.50% | -- | 2026-03-31 |
| Starboard Value LP | 6.20M | $257.0M | 4.37% | -- | 2026-03-31 |
| SRS Investment Management, LLC | 5.65M | $234.0M | 3.98% | +13.9K | 2026-03-31 |
| STATE STREET CORP | 4.89M | $203.0M | 3.44% | -166.2K | 2026-03-31 |
| JANUS HENDERSON GROUP PLC | 4.58M | $190.0M | 3.23% | +50.0K | 2026-03-31 |
| PRIMECAP MANAGEMENT CO/CA/ | 4.36M | $181.0M | 3.07% | -9.1K | 2026-03-31 |
| DIMENSIONAL FUND ADVISORS LP | 4.28M | $177.0M | 3.01% | +289.8K | 2026-03-31 |