Overview Dividends

(CARG) CarGurus - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1417881091

Marketplace, Listings, Insights, Finance, Auction

CARG EPS (Earnings per Share)

EPS Growth (3Y CAGR): 41.37%
EPS Trend (3Y Correlation): 96.3%

CARG Revenue

Revenue Growth (3Y CAGR): -6.45%
Revenue Trend (3Y Correlation): -34.6%

Risk via 10d forecast
Volatility	38.3%
Value at Risk 5%th	57.4%

Reward
Sharpe Ratio	0.04
Alpha Jensen	-18.07

Character
Hurst Exponent	0.428
Beta	1.424

Drawdowns 3y
Max DD	37.88%
Mean DD	10.09%

Description: CARG CarGurus November 09, 2025

CarGurus, Inc. (NASDAQ:CARG) runs a dual-segment online automotive platform-U.S. Marketplace and Digital Wholesale-that connects consumers with new and used vehicle listings and equips dealers with data-driven tools. Its suite includes Digital Deal (on-site purchase options), Finance in Advance (pre-qualified financing), and two “Sell My Car” services that let owners receive dealer trade-in offers or instant cash offers online. Beyond the core marketplace, CarGurus monetizes dealer listings, advertising products, and owns niche sites such as Autolist and PistonHeads, which broaden its reach to mobile users and automotive enthusiasts.

Key performance indicators from the most recent quarter show a 14% year-over-year increase in gross merchandise volume (GMV) to $12.4 billion, while the company’s annual recurring revenue (ARR) from dealer subscriptions grew 18% to $215 million, reflecting strong dealer adoption of its data insights. The used-car market remains a primary macro driver, with inventory shortages and elevated interest rates compressing margins but also boosting consumer reliance on transparent pricing tools like CarGurus. Additionally, digital advertising spend in the automotive sector is expected to rise 6% annually, providing a tailwind for CarGurus’ ad-based revenue streams.

For a deeper quantitative breakdown, you might explore ValueRay’s analyst page on CARG to assess its valuation metrics and growth assumptions.

CARG Stock Overview

Market Cap in USD	3,381m
Sub-Industry	Interactive Media & Services
IPO / Inception	2017-10-12
Return 12m vs S&P 500	-18.0%
Analyst Rating	4.15 of 5

CARG Dividends

Currently no dividends paid

CARG Growth Ratios

CAGR	37.05%
CAGR/Max DD Calmar Ratio	0.98
CAGR/Mean DD Pain Ratio	3.67
Current Volume	976.2k
Average Volume	809.5k

Piotroski VR‑10 (Strict, 0-10) 10.0

Net Income (152.0m TTM) > 0 and > 6% of Revenue (6% = 55.6m TTM)

FCFTA 0.41 (>2.0%) and ΔFCFTA 28.28pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 18.95% (prev 24.30%; Δ -5.36pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.44 (>3.0%) and CFO 287.9m > Net Income 152.0m (YES >=105%, WARN >=100%)

Net Debt (14.4m) to EBITDA (235.1m) ratio: 0.06 <= 3.0 (WARN <= 3.5)

Current Ratio 2.87 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (99.7m) change vs 12m ago -5.08% (target <= -2.0% for YES)

Gross Margin 88.15% (prev 79.33%; Δ 8.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 128.8% (prev 114.2%; Δ 14.55pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 9.46 (EBITDA TTM 235.1m / Interest Expense TTM 22.2m) >= 6 (WARN >= 3)

Altman Z'' 6.88

(A) 0.27 = (Total Current Assets 269.4m - Total Current Liabilities 93.9m) / Total Assets 660.5m

(B) 0.56 = Retained Earnings (Balance) 367.2m / Total Assets 660.5m

(D) 1.29 = Book Value of Equity 368.7m / Total Liabilities 285.0m

Total Rating: 6.88 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 88.31

1. Piotroski 10.0pt = 5.0

2. FCF Yield 7.92% = 3.96

3. FCF Margin 29.04% = 7.26

4. Debt/Equity 0.51 = 2.37

5. Debt/Ebitda 0.06 = 2.50

6. ROIC - WACC (= 25.28)% = 12.50

7. RoE 34.65% = 2.50

8. Rev. Trend -34.63% = -2.60

9. EPS Trend 96.34% = 4.82

What is the price of CARG shares?

As of November 13, 2025, the stock is trading at USD 35.65 with a total of 976,173 shares traded.
Over the past week, the price has changed by +4.67%, over one month by +4.88%, over three months by +16.50% and over the past year by -4.93%.

Is CarGurus a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, CarGurus (NASDAQ:CARG) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 88.31 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CARG is around 32.43 USD . This means that CARG is currently overvalued and has a potential downside of -9.03%.

Is CARG a buy, sell or hold?

CarGurus has received a consensus analysts rating of 4.15. Therefore, it is recommended to buy CARG.

Strong Buy: 6
Buy: 3
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the CARG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	39.9	12%
Analysts Target Price	39.9	12%
ValueRay Target Price	36.9	3.6%

CARG Fundamental Data Overview November 11, 2025

Market Cap USD = 3.38b (3.38b USD * 1.0 USD.USD)
P/E Trailing = 23.9324
P/E Forward = 15.8228
P/S = 3.6495
P/B = 8.7094
P/EG = 1.2171
Beta = 1.424
Revenue TTM = 926.4m USD
EBIT TTM = 210.1m USD
EBITDA TTM = 235.1m USD
Long Term Debt = 192.7m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 9.32m USD (from shortTermDebt, last quarter)
Debt = 193.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 14.4m USD (from netDebt column, last quarter)
Enterprise Value = 3.40b USD (3.38b + Debt 193.3m - CCE 178.8m)
Interest Coverage Ratio = 9.46 (Ebit TTM 210.1m / Interest Expense TTM 22.2m)
FCF Yield = 7.92% (FCF TTM 269.0m / Enterprise Value 3.40b)
FCF Margin = 29.04% (FCF TTM 269.0m / Revenue TTM 926.4m)
Net Margin = 16.41% (Net Income TTM 152.0m / Revenue TTM 926.4m)
Gross Margin = 88.15% ((Revenue TTM 926.4m - Cost of Revenue TTM 109.8m) / Revenue TTM)
Gross Margin QoQ = 89.46% (prev 87.33%)
Tobins Q-Ratio = 5.14 (Enterprise Value 3.40b / Total Assets 660.5m)
Interest Expense / Debt = 4.45% (Interest Expense 8.60m / Debt 193.3m)
Taxrate = 20.95% (11.8m / 56.6m)
NOPAT = 166.1m (EBIT 210.1m * (1 - 20.95%))
Current Ratio = 2.87 (Total Current Assets 269.4m / Total Current Liabilities 93.9m)
Debt / Equity = 0.51 (Debt 193.3m / totalStockholderEquity, last quarter 375.4m)
Debt / EBITDA = 0.06 (Net Debt 14.4m / EBITDA 235.1m)
Debt / FCF = 0.05 (Net Debt 14.4m / FCF TTM 269.0m)
Total Stockholder Equity = 438.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 23.01% (Net Income 152.0m / Total Assets 660.5m)
RoE = 34.65% (Net Income TTM 152.0m / Total Stockholder Equity 438.7m)
RoCE = 33.27% (EBIT 210.1m / Capital Employed (Equity 438.7m + L.T.Debt 192.7m))
RoIC = 36.12% (NOPAT 166.1m / Invested Capital 459.7m)
WACC = 10.84% (E(3.38b)/V(3.57b) * Re(11.26%) + D(193.3m)/V(3.57b) * Rd(4.45%) * (1-Tc(0.21)))
Discount Rate = 11.26% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.21%
[DCF Debug] Terminal Value 71.70% ; FCFE base≈200.2m ; Y1≈247.0m ; Y5≈421.3m
Fair Price DCF = 52.91 (DCF Value 4.30b / Shares Outstanding 81.2m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 96.34 | EPS CAGR: 41.37% | SUE: 0.37 | # QB: 0
Revenue Correlation: -34.63 | Revenue CAGR: -6.45% | SUE: 1.12 | # QB: 1

Additional Sources for CARG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle