(CVNA) Carvana - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1468691027

Used Cars, E-Commerce, Financing, Logistics

Automotive Retail
Market Cap in USD: 95,953m

IPO / Inception: 2017-04-28
Return 12m vs S&P 500: 98.3%

EPS (Earnings per Share)

EPS CAGR: 160.49%
EPS Trend: 82.5%

Last SUE: -2.35
Qual. Beats: 0

Revenue

Rev. CAGR: 11.51%
Rev. Trend: 45.7%

Last SUE: 4.00
Qual. Beats: 5

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	64.8%
Value at Risk 5%th	91.1%
Relative Tail Risk	-14.50%

Reward TTM
Sharpe Ratio	1.49
Alpha	92.63
CAGR/Max DD	5.79

Character TTM
Hurst Exponent	0.464
Beta	2.417
Beta Downside	3.129

Drawdowns 3y
Max DD	53.47%
Mean DD	14.87%
Median DD	10.28%

Description: CVNA Carvana December 04, 2025

Carvana Co. (NYSE: CVNA) runs a U.S.-focused e-commerce platform that lets consumers buy and sell used cars online, handling everything from acquisition and inspection to financing, logistics, and post-sale support, and also operates its own auction sites. Founded in 2012 and headquartered in Tempe, Arizona, the firm positions itself as a vertically integrated “one-stop shop” for used-vehicle retail.

Key recent metrics: • 2023 revenue reached $9.0 billion, up ~15 % YoY, reflecting continued unit-growth despite a softening used-car market. • Average transaction price fell to $23,200, tracking the broader decline in used-car values as new-car inventories normalize. • Inventory turnover accelerated to 5.8 times per year, indicating faster vehicle movement but also tighter working-capital cycles. Economic drivers to watch include consumer credit conditions (interest-rate hikes can suppress financing demand), residual-value risk (used-car price volatility), and the ongoing shift toward digital retail that pressures traditional franchised dealers.

If you want a more granular look at Carvana’s valuation levers and scenario analysis, ValueRay’s research hub offers a concise, data-rich overview worth checking out.

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (629.0m TTM) > 0 and > 6% of Revenue (6% = 1.10b TTM)

FCFTA 0.06 (>2.0%) and ΔFCFTA -1.71pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 25.82% (prev 20.76%; Δ 5.06pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 666.0m > Net Income 629.0m (YES >=105%, WARN >=100%)

Net Debt (3.53b) to EBITDA (1.93b) ratio: 1.82 <= 3.0 (WARN <= 3.5)

Current Ratio 4.05 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (146.3m) change vs 12m ago 9.52% (target <= -2.0% for YES)

Gross Margin 20.72% (prev 18.71%; Δ 2.01pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 212.1% (prev 170.3%; Δ 41.81pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.98 (EBITDA TTM 1.93b / Interest Expense TTM 555.0m) >= 6 (WARN >= 3)

Altman Z'' 4.01

(A) 0.48 = (Total Current Assets 6.26b - Total Current Liabilities 1.55b) / Total Assets 9.85b

(B) -0.09 = Retained Earnings (Balance) -866.0m / Total Assets 9.85b

(D) -0.13 = Book Value of Equity -866.0m / Total Liabilities 6.90b

Total Rating: 4.01 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 72.23

1. Piotroski 4.50pt

2. FCF Yield 0.55%

3. FCF Margin 2.99%

4. Debt/Equity 2.52

5. Debt/Ebitda 1.82

6. ROIC - WACC (= 9.08)%

7. RoE 37.15%

8. Rev. Trend 45.67%

9. EPS Trend 82.47%

What is the price of CVNA shares?

As of January 11, 2026, the stock is trading at USD 463.09 with a total of 3,253,942 shares traded.
Over the past week, the price has changed by +15.70%, over one month by +1.48%, over three months by +28.63% and over the past year by +139.87%.

Is CVNA a buy, sell or hold?

Carvana has received a consensus analysts rating of 3.70. Therefor, it is recommend to hold CVNA.

Strong Buy: 6
Buy: 6
Hold: 10
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the CVNA price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	446.7	-3.5%
Analysts Target Price	446.7	-3.5%
ValueRay Target Price	534.6	15.4%

CVNA Fundamental Data Overview January 10, 2026

P/E Trailing = 101.0457
P/E Forward = 65.3595
P/S = 5.2531
P/B = 27.4643
P/EG = -0.13
Beta = 3.553
Revenue TTM = 18.27b USD
EBIT TTM = 1.65b USD
EBITDA TTM = 1.93b USD
Long Term Debt = 4.81b USD (from longTermDebt, last quarter)
Short Term Debt = 536.0m USD (from shortTermDebt, last quarter)
Debt = 5.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.53b USD (from netDebt column, last quarter)
Enterprise Value = 98.99b USD (95.95b + Debt 5.75b - CCE 2.71b)
Interest Coverage Ratio = 2.98 (Ebit TTM 1.65b / Interest Expense TTM 555.0m)
EV/FCF = 181.3x (Enterprise Value 98.99b / FCF TTM 546.0m)
FCF Yield = 0.55% (FCF TTM 546.0m / Enterprise Value 98.99b)
FCF Margin = 2.99% (FCF TTM 546.0m / Revenue TTM 18.27b)
Net Margin = 3.44% (Net Income TTM 629.0m / Revenue TTM 18.27b)
Gross Margin = 20.72% ((Revenue TTM 18.27b - Cost of Revenue TTM 14.48b) / Revenue TTM)
Gross Margin QoQ = 20.33% (prev 21.22%)
Tobins Q-Ratio = 10.05 (Enterprise Value 98.99b / Total Assets 9.85b)
Interest Expense / Debt = 2.17% (Interest Expense 125.0m / Debt 5.75b)
Taxrate = -1.54% (negative due to tax credits) (-4.00m / 259.0m)
NOPAT = 1.68b (EBIT 1.65b * (1 - -1.54%)) [negative tax rate / tax credits]
Current Ratio = 4.05 (Total Current Assets 6.26b / Total Current Liabilities 1.55b)
Debt / Equity = 2.52 (Debt 5.75b / totalStockholderEquity, last quarter 2.28b)
Debt / EBITDA = 1.82 (Net Debt 3.53b / EBITDA 1.93b)
Debt / FCF = 6.46 (Net Debt 3.53b / FCF TTM 546.0m)
Total Stockholder Equity = 1.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.31% (Net Income 629.0m / Total Assets 9.85b)
RoE = 37.15% (Net Income TTM 629.0m / Total Stockholder Equity 1.69b)
RoCE = 25.42% (EBIT 1.65b / Capital Employed (Equity 1.69b + L.T.Debt 4.81b))
RoIC = 23.19% (NOPAT 1.68b / Invested Capital 7.24b)
WACC = 14.11% (E(95.95b)/V(101.70b) * Re(14.82%) + D(5.75b)/V(101.70b) * Rd(2.17%) * (1-Tc(-0.02)))
Discount Rate = 14.82% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -14.60%
[DCF Debug] Terminal Value 48.17% ; FCFF base≈541.2m ; Y1≈355.3m ; Y5≈162.1m
Fair Price DCF = N/A (negative equity: EV 1.60b - Net Debt 3.53b = -1.93b; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 82.47 | EPS CAGR: 160.5% | SUE: -2.35 | # QB: 0
Revenue Correlation: 45.67 | Revenue CAGR: 11.51% | SUE: 4.0 | # QB: 5
EPS next Quarter (2026-03-31): EPS=1.52 | Chg30d=-0.050 | Revisions Net=-1 | Analysts=10
EPS next Year (2026-12-31): EPS=7.02 | Chg30d=+0.024 | Revisions Net=+1 | Growth EPS=+43.5% | Growth Revenue=+27.5%

Additional Sources for CVNA Stock

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