CarMax Roe vs Price To Sales Ratio Analysis

KMX Stock

USD 84.27 0.04 0.05%

CarMax financial indicator trend analysis is way more than just evaluating CarMax Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarMax Inc is a good investment. Please check the relationship between CarMax Roe and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in CarMax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Roe vs Price To Sales Ratio

Roe vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarMax Inc Roe account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between CarMax's Roe and Price To Sales Ratio is 0.49. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of CarMax Inc, assuming nothing else is changed. The correlation between historical values of CarMax's Roe and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of CarMax Inc are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Roe i.e., CarMax's Roe and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

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Roe

Price To Sales Ratio

Price to Sales Ratio is figured by comparing CarMax Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CarMax sales, a figure that is much harder to manipulate than other CarMax Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from CarMax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CarMax Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in CarMax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At this time, CarMax's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 62.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	3.3B	2.8B	2.7B	1.5B
Total Revenue	31.9B	29.7B	26.5B	27.9B

Gross Profit Total Revenue

CarMax fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Long Term Debt Total	Short Term Debt	Other Liab	Other Assets	Long Term Debt	Property Plant Equipment	Retained Earnings	Common Stock Total Equity
Total Assets		0.76	0.99	0.95	1.0	0.99	0.99	0.33	1.0	0.25	0.11	0.72	0.11	1.0	0.95	0.86	1.0	0.96	1.0	0.72	0.63	0.31	1.0	0.8	0.94	-0.07
Other Current Liab	0.76		0.77	0.7	0.8	0.76	0.83	0.09	0.76	-0.18	-0.05	0.59	-0.06	0.76	0.73	0.8	0.76	0.72	0.75	0.14	0.84	0.44	0.76	0.69	0.69	-0.22
Total Current Liabilities	0.99	0.77		0.97	0.98	0.96	0.99	0.43	0.98	0.26	0.2	0.7	0.06	0.98	0.94	0.91	0.98	0.96	0.98	0.74	0.59	0.24	0.98	0.72	0.96	-0.09
Total Stockholder Equity	0.95	0.7	0.97		0.94	0.91	0.96	0.54	0.94	0.27	0.37	0.64	0.23	0.93	0.9	0.87	0.93	0.94	0.93	0.76	0.54	0.27	0.93	0.66	1.0	0.1
Property Plant And Equipment Net	1.0	0.8	0.98	0.94		0.99	0.98	0.32	1.0	0.24	0.09	0.68	0.08	0.99	0.93	0.86	0.99	0.93	0.99	0.68	0.67	0.29	0.99	0.79	0.92	-0.1
Net Debt	0.99	0.76	0.96	0.91	0.99		0.97	0.22	0.99	0.22	-0.01	0.73	0.07	1.0	0.95	0.83	1.0	0.94	1.0	0.69	0.65	0.33	1.0	0.84	0.89	-0.12
Accounts Payable	0.99	0.83	0.99	0.96	0.98	0.97		0.36	0.98	0.17	0.15	0.75	0.09	0.98	0.96	0.91	0.98	0.97	0.98	0.66	0.65	0.33	0.98	0.78	0.95	-0.08
Cash	0.33	0.09	0.43	0.54	0.32	0.22	0.36		0.32	0.5	0.92	-0.03	0.14	0.27	0.21	0.44	0.27	0.34	0.28	0.62	-0.13	-0.43	0.26	-0.18	0.57	0.24
Non Current Assets Total	1.0	0.76	0.98	0.94	1.0	0.99	0.98	0.32		0.28	0.09	0.67	0.11	1.0	0.93	0.84	1.0	0.93	1.0	0.72	0.65	0.28	1.0	0.8	0.93	-0.07
Non Currrent Assets Other	0.25	-0.18	0.26	0.27	0.24	0.22	0.17	0.5	0.28		0.28	-0.29	0.34	0.25	0.07	-0.07	0.24	0.1	0.25	0.62	-0.13	-0.72	0.24	-0.07	0.26	0.35
Cash And Short Term Investments	0.11	-0.05	0.2	0.37	0.09	-0.01	0.15	0.92	0.09	0.28		-0.14	0.25	0.04	0.02	0.25	0.04	0.16	0.05	0.39	-0.21	-0.28	0.04	-0.3	0.41	0.38
Net Receivables	0.72	0.59	0.7	0.64	0.68	0.73	0.75	-0.03	0.67	-0.29	-0.14		-0.15	0.72	0.88	0.78	0.72	0.85	0.72	0.43	0.34	0.62	0.73	0.72	0.64	-0.3
Common Stock Shares Outstanding	0.11	-0.06	0.06	0.23	0.08	0.07	0.09	0.14	0.11	0.34	0.25	-0.15		0.08	0.09	-0.21	0.08	0.11	0.08	0.11	0.17	0.1	0.09	0.1	0.24	0.97
Non Current Liabilities Total	1.0	0.76	0.98	0.93	0.99	1.0	0.98	0.27	1.0	0.25	0.04	0.72	0.08		0.95	0.84	1.0	0.94	1.0	0.7	0.64	0.31	1.0	0.83	0.91	-0.11
Inventory	0.95	0.73	0.94	0.9	0.93	0.95	0.96	0.21	0.93	0.07	0.02	0.88	0.09	0.95		0.86	0.95	0.99	0.95	0.65	0.56	0.46	0.95	0.83	0.89	-0.09
Other Current Assets	0.86	0.8	0.91	0.87	0.86	0.83	0.91	0.44	0.84	-0.07	0.25	0.78	-0.21	0.84	0.86		0.85	0.9	0.84	0.57	0.5	0.34	0.84	0.59	0.87	-0.31
Total Liab	1.0	0.76	0.98	0.93	0.99	1.0	0.98	0.27	1.0	0.24	0.04	0.72	0.08	1.0	0.95	0.85		0.95	1.0	0.7	0.64	0.32	1.0	0.82	0.91	-0.11
Total Current Assets	0.96	0.72	0.96	0.94	0.93	0.94	0.97	0.34	0.93	0.1	0.16	0.85	0.11	0.94	0.99	0.9	0.95		0.94	0.7	0.52	0.41	0.95	0.77	0.94	-0.05
Short Long Term Debt Total	1.0	0.75	0.98	0.93	0.99	1.0	0.98	0.28	1.0	0.25	0.05	0.72	0.08	1.0	0.95	0.84	1.0	0.94		0.71	0.63	0.3	1.0	0.82	0.91	-0.11
Short Term Debt	0.72	0.14	0.74	0.76	0.68	0.69	0.66	0.62	0.72	0.62	0.39	0.43	0.11	0.7	0.65	0.57	0.7	0.7	0.71		0.01	-0.15	0.7	0.36	0.75	0.06
Other Liab	0.63	0.84	0.59	0.54	0.67	0.65	0.65	-0.13	0.65	-0.13	-0.21	0.34	0.17	0.64	0.56	0.5	0.64	0.52	0.63	0.01		0.5	0.64	0.79	0.53	-0.04
Other Assets	0.31	0.44	0.24	0.27	0.29	0.33	0.33	-0.43	0.28	-0.72	-0.28	0.62	0.1	0.31	0.46	0.34	0.32	0.41	0.3	-0.15	0.5		0.32	0.6	0.27	-0.05
Long Term Debt	1.0	0.76	0.98	0.93	0.99	1.0	0.98	0.26	1.0	0.24	0.04	0.73	0.09	1.0	0.95	0.84	1.0	0.95	1.0	0.7	0.64	0.32		0.83	0.91	-0.1
Property Plant Equipment	0.8	0.69	0.72	0.66	0.79	0.84	0.78	-0.18	0.8	-0.07	-0.3	0.72	0.1	0.83	0.83	0.59	0.82	0.77	0.82	0.36	0.79	0.6	0.83		0.64	-0.15
Retained Earnings	0.94	0.69	0.96	1.0	0.92	0.89	0.95	0.57	0.93	0.26	0.41	0.64	0.24	0.91	0.89	0.87	0.91	0.94	0.91	0.75	0.53	0.27	0.91	0.64		0.12
Common Stock Total Equity	-0.07	-0.22	-0.09	0.1	-0.1	-0.12	-0.08	0.24	-0.07	0.35	0.38	-0.3	0.97	-0.11	-0.09	-0.31	-0.11	-0.05	-0.11	0.06	-0.04	-0.05	-0.1	-0.15	0.12

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CarMax Account Relationship Matchups

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Additional Tools for CarMax Stock Analysis

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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CarMax Roe vs Price To Sales Ratio Analysis

Roe vs Price To Sales Ratio

Roe vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Roe

Price To Sales Ratio

CarMax fundamental ratios Correlations

CarMax Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for CarMax Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets

Other Assets	- 0.72	Non Currrent Assets Other
Other Assets	- 0.43	Cash
Common Stock Total Equity	- 0.31	Other Current Assets
Common Stock Total Equity	- 0.3	Net Receivables
Property Plant Equipment	- 0.3	Cash And Short Term Investments
Net Receivables	- 0.29	Non Currrent Assets Other