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): -7.76%
EPS Trend (3Y Correlation): 64.1%

CVNA Revenue

Revenue Growth (3Y CAGR): 13.87%
Revenue Trend (3Y Correlation): 72.7%

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	39,997m
Sub-Industry	Automotive Retail
IPO / Inception	2017-04-28

CVNA Stock Ratings

Growth Rating	73.4%
Fundamental	56.1%
Dividend Rating	-
Return 12m vs S&P 500	45.2%
Analyst Rating	3.70 of 5

CVNA Dividends

Currently no dividends paid

CVNA Growth Ratios

Growth Correlation 3m	6.8%
Growth Correlation 12m	78.3%
Growth Correlation 5y	1.9%
CAGR 5y	192.29%
CAGR/Max DD 3y (Calmar Ratio)	2.54
CAGR/Mean DD 3y (Pain Ratio)	10.12
Sharpe Ratio 12m	1.37
Alpha	26.42
Beta	3.555
Volatility	72.85%
Current Volume	2660.5k
Average Volume 20d	2585.5k
Stop Loss	327.2 (-6.8%)
Signal	-0.02

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (563.0m TTM) > 0 and > 6% of Revenue (6% = 976.4m TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA -3.73pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 26.15% (prev 20.22%; Δ 5.93pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.08 (>3.0%) and CFO 724.0m > Net Income 563.0m (YES >=105%, WARN >=100%)

Net Debt (4.25b) to EBITDA (1.86b) ratio: 2.28 <= 3.0 (WARN <= 3.5)

Current Ratio 4.00 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (143.2m) change vs 12m ago 11.49% (target <= -2.0% for YES)

Gross Margin 20.91% (prev 17.30%; Δ 3.62pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 196.8% (prev 162.7%; Δ 34.10pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.68 (EBITDA TTM 1.86b / Interest Expense TTM 587.0m) >= 6 (WARN >= 3)

Altman Z'' 3.76

(A) 0.45 = (Total Current Assets 5.67b - Total Current Liabilities 1.42b) / Total Assets 9.37b

(B) -0.11 = Retained Earnings (Balance) -1.02b / Total Assets 9.37b

(D) -0.14 = Book Value of Equity -1.02b / Total Liabilities 7.25b

Total Rating: 3.76 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 56.08

1. Piotroski 4.50pt = -0.50

2. FCF Yield 1.40% = 0.70

3. FCF Margin 3.78% = 0.94

4. Debt/Equity 3.53 = -1.51

5. Debt/Ebitda 2.28 = -0.55

6. ROIC - WACC (= -3.32)% = -4.15

7. RoE 44.11% = 2.50

8. Rev. Trend 72.68% = 5.45

9. EPS Trend 64.07% = 3.20

What is the price of CVNA shares?

As of October 27, 2025, the stock is trading at USD 351.20 with a total of 2,660,488 shares traded.
Over the past week, the price has changed by +4.03%, over one month by -4.90%, over three months by +4.42% and over the past year by +71.30%.

Is Carvana a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Carvana is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 56.08 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CVNA is around 328.19 USD . This means that CVNA is currently overvalued and has a potential downside of -6.55%.

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	425.9	21.3%
Analysts Target Price	425.9	21.3%
ValueRay Target Price	393.1	11.9%

CVNA Fundamental Data Overview October 25, 2025

Market Cap USD = 40.00b (40.00b USD * 1.0 USD.USD)
P/E Trailing = 84.6559
P/E Forward = 60.6061
P/S = 2.4577
P/B = 31.5046
P/EG = -0.13
Beta = 3.555
Revenue TTM = 16.27b USD
EBIT TTM = 1.57b USD
EBITDA TTM = 1.86b USD
Long Term Debt = 5.32b USD (from longTermDebt, last quarter)
Short Term Debt = 384.0m USD (from shortTermDebt, last quarter)
Debt = 6.11b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.25b USD (from netDebt column, last quarter)
Enterprise Value = 43.78b USD (40.00b + Debt 6.11b - CCE 2.32b)
Interest Coverage Ratio = 2.68 (Ebit TTM 1.57b / Interest Expense TTM 587.0m)
FCF Yield = 1.40% (FCF TTM 615.0m / Enterprise Value 43.78b)
FCF Margin = 3.78% (FCF TTM 615.0m / Revenue TTM 16.27b)
Net Margin = 3.46% (Net Income TTM 563.0m / Revenue TTM 16.27b)
Gross Margin = 20.91% ((Revenue TTM 16.27b - Cost of Revenue TTM 12.87b) / Revenue TTM)
Gross Margin QoQ = 21.22% (prev 20.96%)
Tobins Q-Ratio = 4.67 (Enterprise Value 43.78b / Total Assets 9.37b)
Interest Expense / Debt = 2.34% (Interest Expense 143.0m / Debt 6.11b)
Taxrate = 40.58% (125.0m / 308.0m)
NOPAT = 934.6m (EBIT 1.57b * (1 - 40.58%))
Current Ratio = 4.00 (Total Current Assets 5.67b / Total Current Liabilities 1.42b)
Debt / Equity = 3.53 (Debt 6.11b / totalStockholderEquity, last quarter 1.73b)
Debt / EBITDA = 2.28 (Net Debt 4.25b / EBITDA 1.86b)
Debt / FCF = 6.91 (Net Debt 4.25b / FCF TTM 615.0m)
Total Stockholder Equity = 1.28b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.01% (Net Income 563.0m / Total Assets 9.37b)
RoE = 44.11% (Net Income TTM 563.0m / Total Stockholder Equity 1.28b)
RoCE = 23.84% (EBIT 1.57b / Capital Employed (Equity 1.28b + L.T.Debt 5.32b))
RoIC = 13.45% (NOPAT 934.6m / Invested Capital 6.95b)
WACC = 16.77% (E(40.00b)/V(46.11b) * Re(19.12%) + D(6.11b)/V(46.11b) * Rd(2.34%) * (1-Tc(0.41)))
Discount Rate = 19.12% (= CAPM, Blume Beta Adj.) -> capped to 17.95%
Shares Correlation 3-Years: -33.33 | Cagr: -15.50%
[DCF Debug] Terminal Value 38.99% ; FCFE base≈664.2m ; Y1≈436.1m ; Y5≈199.4m
Fair Price DCF = 13.20 (DCF Value 1.54b / Shares Outstanding 116.9m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 64.07 | EPS CAGR: -7.76% | SUE: -3.41 | # QB: 0
Revenue Correlation: 72.68 | Revenue CAGR: 13.87% | SUE: 1.80 | # QB: 4

Additional Sources for CVNA Stock

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