Overview Dividends

(CVNA) Carvana - Ratings and Ratios

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

Used Cars, Financing, Logistics, Auction

CVNA EPS (Earnings per Share)

EPS Growth (3Y CAGR): 42.35%
EPS Trend (3Y Correlation): 77.3%

CVNA Revenue

Revenue Growth (3Y CAGR): 28.44%
Revenue Trend (3Y Correlation): 89.3%

Risk via 10d forecast
Volatility	99.1%
Value at Risk 5%th	156%

Reward
Sharpe Ratio	0.64
Alpha	-23.21

Character
Hurst Exponent	0.292
Beta	3.539

Drawdowns 3y
Max DD	68.69%
Mean DD	17.62%

Description: CVNA Carvana September 29, 2025

Carvana Co. (NYSE: CVNA) runs a vertically integrated e-commerce platform that lets U.S. consumers buy and sell used vehicles entirely online. Its end-to-end service chain includes vehicle acquisition, inspection, reconditioning, digital storefront, financing, ancillary products (e.g., warranties), a nationwide logistics network with “car-vans” for delivery, and post-sale support, supplemented by proprietary auction sites for inventory disposition.

As of the most recent quarter (Q2 2024), Carvana reported revenue of roughly $2.1 billion, a 12% year-over-year increase, driven by a 9% rise in vehicle unit volume to about 400,000 units sold. Gross profit margin held near 9%, while inventory turnover accelerated to 4.2 × annual, indicating faster movement of reconditioned stock compared with the prior year. These metrics suggest the company is narrowing its historic profitability gap, though cash burn remains a concern at approximately $150 million for the quarter.

The primary economic drivers for Carvana are the health of the U.S. used-car market and macro-financial conditions. A tighter supply of new cars (due to ongoing semiconductor constraints) sustains higher used-car prices, benefitting Carvana’s margins, while rising interest rates increase financing costs for consumers and can suppress demand. Assuming the Fed maintains rates above 5%, Carvana’s financed-sale mix may face pressure, but a gradual easing could revive buyer appetite.

Sector-wide, the shift toward digital retailing continues to reshape automotive distribution. Consumers increasingly value contactless transactions and home delivery, trends that favor Carvana’s model over traditional brick-and-mortar dealers. Competitive pressure from firms like CarMax, Vroom, and emerging fintech-enabled platforms adds upside risk if Carvana can maintain its technology edge and scale logistics efficiently.

For a deeper, data-driven view of Carvana’s valuation dynamics and scenario analysis, consider exploring the detailed dashboards on ValueRay.

CVNA Stock Overview

Market Cap in USD	35,551m
Sub-Industry	Automotive Retail
IPO / Inception	2017-04-28
Return 12m vs S&P 500	+7.18%
Analyst Rating	3.70 of 5

CVNA Dividends

Currently no dividends paid

CVNA Growth Ratios

CAGR	197.67%
CAGR/Max DD Calmar Ratio	2.88
CAGR/Mean DD Pain Ratio	11.22
Current Volume	2981.5k
Average Volume	3423.4k

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) 71.80

1. Piotroski 4.50pt = -0.50

2. FCF Yield 1.41% = 0.71

3. FCF Margin 2.99% = 0.75

4. Debt/Equity 2.52 = -0.03

5. Debt/Ebitda 1.82 = 0.34

6. ROIC - WACC (= 5.98)% = 7.47

7. RoE 37.15% = 2.50

8. Rev. Trend 89.30% = 6.70

9. EPS Trend 77.33% = 3.87

What is the price of CVNA shares?

As of November 10, 2025, the stock is trading at USD 303.99 with a total of 2,981,459 shares traded.
Over the past week, the price has changed by -8.53%, over one month by -15.57%, over three months by -11.95% and over the past year by +21.57%.

Is Carvana a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Carvana (NYSE:CVNA) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 71.80 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CVNA is around 266.77 USD . This means that CVNA is currently overvalued and has a potential downside of -12.24%.

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	421.2	38.5%
Analysts Target Price	421.2	38.5%
ValueRay Target Price	319.5	5.1%

CVNA Fundamental Data Overview November 09, 2025

Market Cap USD = 35.55b (35.55b USD * 1.0 USD.USD)
P/E Trailing = 68.932
P/E Forward = 60.6061
P/S = 1.9463
P/B = 31.5046
P/EG = -0.13
Beta = 3.539
Revenue TTM = 18.27b USD
EBIT TTM = 1.65b USD
EBITDA TTM = 1.93b USD
Long Term Debt = 5.26b USD (from longTermDebt, last fiscal year)
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 = 38.59b USD (35.55b + Debt 5.75b - CCE 2.71b)
Interest Coverage Ratio = 2.98 (Ebit TTM 1.65b / Interest Expense TTM 555.0m)
FCF Yield = 1.41% (FCF TTM 546.0m / Enterprise Value 38.59b)
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 = 3.92 (Enterprise Value 38.59b / Total Assets 9.85b)
Interest Expense / Debt = 2.17% (Interest Expense 125.0m / Debt 5.75b)
Taxrate = 1.54% (4.00m / 259.0m)
NOPAT = 1.63b (EBIT 1.65b * (1 - 1.54%))
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 = 6.38% (Net Income 629.0m / Total Assets 9.85b)
RoE = 37.15% (Net Income TTM 629.0m / Total Stockholder Equity 1.69b)
RoCE = 23.79% (EBIT 1.65b / Capital Employed (Equity 1.69b + L.T.Debt 5.26b))
RoIC = 22.74% (NOPAT 1.63b / Invested Capital 7.16b)
WACC = 16.76% (E(35.55b)/V(41.30b) * Re(19.12%) + D(5.75b)/V(41.30b) * Rd(2.17%) * (1-Tc(0.02)))
Discount Rate = 19.12% (= CAPM, Blume Beta Adj.) -> capped to 17.95%
Shares Correlation 3-Years: -33.33 | Cagr: -14.60%
[DCF Debug] Terminal Value 38.99% ; FCFE base≈541.2m ; Y1≈355.3m ; Y5≈162.5m
Fair Price DCF = 10.76 (DCF Value 1.26b / Shares Outstanding 116.9m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 77.33 | EPS CAGR: 42.35% | SUE: -0.75 | # QB: 0
Revenue Correlation: 89.30 | Revenue CAGR: 28.44% | SUE: 4.0 | # QB: 5

Additional Sources for CVNA Stock

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