CarMax Future Growth
Future criteria checks 2/6
CarMax is forecast to grow earnings and revenue by 14.8% and 2% per annum respectively. EPS is expected to grow by 15.7% per annum. Return on equity is forecast to be 11.1% in 3 years.
Key information
14.8%
Earnings growth rate
15.7%
EPS growth rate
| Specialty Retail earnings growth | 11.6% |
| Revenue growth rate | 2.0% |
| Future return on equity | 11.1% |
| Analyst coverage | Good |
| Last updated | 25 Apr 2024 |
Recent future growth updates
Recent updates
CarMax: Buy The Q4 Earnings Dip, Here's Why
Apr 11Is CarMax, Inc. (NYSE:KMX) Potentially Undervalued?
Apr 03
CarMax (NYSE:KMX) May Have Issues Allocating Its Capital
Mar 12CarMax: The Anticipated Earnings Recovery Is Reflected In Valuation
Mar 06Investors Still Waiting For A Pull Back In CarMax, Inc. (NYSE:KMX)
Jan 30CarMax Q3 2024 Earnings: Still Too Cheap
Dec 22Should You Think About Buying CarMax, Inc. (NYSE:KMX) Now?
Dec 15CarMax: Potential Credit Losses Make Shares Unattractive
Dec 03CarMax, Inc.'s (NYSE:KMX) Intrinsic Value Is Potentially 47% Above Its Share Price
Nov 27CarMax (NYSE:KMX) Is Reinvesting At Lower Rates Of Return
Nov 09CarMax: We Bought Amidst The UAW Strike
Sep 27Is There Now An Opportunity In CarMax, Inc. (NYSE:KMX)?
Sep 13CarMax Is Substantially Overvalued And Its Fundamentals Are Deteriorating
Aug 23CarMax (NYSE:KMX) May Have Issues Allocating Its Capital
Aug 05Estimating The Intrinsic Value Of CarMax, Inc. (NYSE:KMX)
Jul 18CarMax: I Would Not Make A Long-Term Investment
Jun 19At US$74.66, Is CarMax, Inc. (NYSE:KMX) Worth Looking At Closely?
Jun 05CarMax's (NYSE:KMX) Returns On Capital Not Reflecting Well On The Business
May 01An Intrinsic Calculation For CarMax, Inc. (NYSE:KMX) Suggests It's 35% Undervalued
Mar 25CarMax: A Great, But Pricey, Company
Feb 24What Is CarMax, Inc.'s (NYSE:KMX) Share Price Doing?
Feb 20CarMax and UVeye tie-up to provide tech solutions for wholesale vehicles
Jan 24Some Investors May Be Worried About CarMax's (NYSE:KMX) Returns On Capital
Jan 20CarMax gains on activist investor speculation
Jan 17Is There An Opportunity With CarMax, Inc.'s (NYSE:KMX) 38% Undervaluation?
Dec 25CarMax Q3 2023 Earnings Preview
Dec 21Should You Investigate CarMax, Inc. (NYSE:KMX) At US$64.63?
Nov 08CarMax: Near-Term Headwinds Present Long-Term Opportunity
Nov 01Alphyn Capital - CarMax: An Attractive Compounder In A Cyclical Industry
Oct 26Quick Takes: Tesla, Twitter, Carvana & More
Oct 06
CarMax, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 05CarMax (NYSE:KMX) Will Want To Turn Around Its Return Trends
Sep 29CarMax FQ2 2023 Earnings Preview
Sep 28An Intrinsic Calculation For CarMax, Inc. (NYSE:KMX) Suggests It's 50% Undervalued
Sep 11CarMax: The Right Business Model For Any Environment
Sep 07Is It Too Late To Consider Buying CarMax, Inc. (NYSE:KMX)?
Jul 27CarMax: Tailwinds Weakening, Headwinds On The Horizon
Jun 27Here's What To Make Of CarMax's (NYSE:KMX) Decelerating Rates Of Return
Jun 21Are Investors Undervaluing CarMax, Inc. (NYSE:KMX) By 43%?
Jun 08Focus On Fundamentals In Stormy Markets - CarMax
May 12I Ran A Stock Scan For Earnings Growth And CarMax (NYSE:KMX) Passed With Ease
Apr 29CarMax's Growth Turbo-Boosted By Hot Used Car Market
Apr 26Fiduciary Management - CarMax, Inc.: A Leading Franchise At A Steep Discount
Apr 16CarMax, Inc's (NYSE:KMX) Fair Value is Close Enough to Current Prices
Apr 13CarMax Q4 2022 Earnings Preview: A Favorable Risk To Reward Prospect
Apr 08When Should You Buy CarMax, Inc. (NYSE:KMX)?
Mar 31CarMax, Inc. Offers Unmatched Omnichannel Experience In The Used Car Market
Mar 18Return Trends At CarMax (NYSE:KMX) Aren't Appealing
Mar 04The CarMax Business Model Is Being Proven True
Feb 28Estimating The Fair Value Of CarMax, Inc. (NYSE:KMX)
Feb 19CarMax Stock Has Fallen To An Attractive Level
Feb 15Is Now The Time To Put CarMax (NYSE:KMX) On Your Watchlist?
Jan 06Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 2/28/2027 | 29,943 | 674 | 122 | 1,839 | 7 |
| 2/28/2026 | 27,466 | 589 | 239 | 870 | 18 |
| 2/28/2025 | 26,195 | 494 | 192 | 832 | 19 |
| 2/29/2024 | 28,213 | 479 | -7 | 459 | N/A |
| 11/30/2023 | 28,248 | 498 | -688 | -230 | N/A |
| 8/31/2023 | 28,544 | 454 | 314 | 743 | N/A |
| 5/31/2023 | 29,556 | 461 | 102 | 567 | N/A |
| 2/28/2023 | 31,126 | 485 | 861 | 1,283 | N/A |
| 11/30/2022 | 33,051 | 576 | 794 | 1,195 | N/A |
| 8/31/2022 | 35,037 | 807 | -1,060 | -685 | N/A |
| 5/31/2022 | 34,848 | 967 | -2,251 | -1,907 | N/A |
| 2/28/2022 | 33,197 | 1,151 | -2,858 | -2,549 | N/A |
| 11/30/2021 | 30,633 | 1,201 | -2,551 | -2,283 | N/A |
| 8/31/2021 | 27,249 | 1,167 | -1,818 | -1,607 | N/A |
| 5/31/2021 | 24,589 | 1,179 | -854 | -694 | N/A |
| 2/28/2021 | 20,092 | 747 | 503 | 668 | N/A |
| 11/30/2020 | 19,883 | 752 | 543 | 750 | N/A |
| 8/31/2020 | 19,478 | 690 | 526 | 779 | N/A |
| 5/31/2020 | 19,303 | 627 | 654 | 970 | N/A |
| 2/29/2020 | 21,424 | 888 | -569 | -237 | N/A |
| 11/30/2019 | 20,747 | 866 | -380 | -70 | N/A |
| 8/31/2019 | 20,222 | 883 | -378 | -73 | N/A |
| 5/31/2019 | 19,754 | 871 | -329 | -25 | N/A |
| 2/28/2019 | 19,146 | 842 | -142 | 163 | N/A |
| 11/30/2018 | 18,880 | 772 | -85 | 227 | N/A |
| 8/31/2018 | 18,661 | 731 | -364 | -51 | N/A |
| 5/31/2018 | 18,253 | 691 | -338 | -41 | N/A |
| 2/28/2018 | 17,977 | 664 | -377 | -81 | N/A |
| 11/30/2017 | 17,918 | 695 | N/A | -312 | N/A |
| 8/31/2017 | 17,488 | 682 | N/A | -341 | N/A |
| 5/31/2017 | 17,076 | 663 | N/A | -351 | N/A |
| 2/28/2017 | 16,637 | 627 | N/A | -455 | N/A |
| 11/30/2016 | 16,274 | 615 | N/A | -103 | N/A |
| 8/31/2016 | 16,096 | 607 | N/A | -97 | N/A |
| 5/31/2016 | 15,963 | 617 | N/A | -179 | N/A |
| 2/29/2016 | 15,833 | 623 | N/A | -117 | N/A |
| 11/30/2015 | 15,619 | 626 | N/A | -565 | N/A |
| 8/31/2015 | 15,461 | 627 | N/A | -616 | N/A |
| 5/31/2015 | 15,156 | 610 | N/A | -641 | N/A |
| 2/28/2015 | 14,874 | 597 | N/A | -968 | N/A |
| 11/30/2014 | 14,420 | 553 | N/A | -905 | N/A |
| 8/31/2014 | 13,942 | 530 | N/A | -786 | N/A |
| 5/31/2014 | 13,575 | 516 | N/A | -745 | N/A |
| 2/28/2014 | 13,122 | 493 | N/A | -613 | N/A |
| 11/30/2013 | 12,861 | 501 | N/A | -772 | N/A |
| 8/31/2013 | 12,509 | 489 | N/A | -756 | N/A |
| 5/31/2013 | 12,008 | 460 | N/A | -740 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KMX's forecast earnings growth (14.8% per year) is above the savings rate (2.3%).
Earnings vs Market: KMX's earnings (14.8% per year) are forecast to grow faster than the US market (14.7% per year).
High Growth Earnings: KMX's earnings are forecast to grow, but not significantly.
Revenue vs Market: KMX's revenue (2% per year) is forecast to grow slower than the US market (8.1% per year).
High Growth Revenue: KMX's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KMX's Return on Equity is forecast to be low in 3 years time (11.1%).