CARVANA CO. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 84.31 USD | +8.79% |
|
+18.15% | +59.26% |
| Apr. 25 | Wedbush Raises Price Target on Carvana to $80 From $60, Keeps Neutral Rating | MT |
| Apr. 19 | Baird Adjusts Price Target on Carvana to $65 From $60, Maintains Neutral Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,631 | 16,906 | 19,838 | 502.2 | 6,037 | 9,825 | - | - |
| Enterprise Value (EV) 1 | 5,487 | 18,288 | 24,466 | 8,056 | 11,716 | 15,715 | 15,843 | 15,683 |
| P/E ratio | -37.6 x | -91.1 x | -142 x | -0.3 x | 70.6 x | -25.2 x | -32.8 x | -61.2 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.18 x | 3.03 x | 1.55 x | 0.04 x | 0.56 x | 0.87 x | 0.75 x | 0.63 x |
| EV / Revenue | 1.39 x | 3.27 x | 1.91 x | 0.59 x | 1.09 x | 1.39 x | 1.22 x | 1.01 x |
| EV / EBITDA | -23.9 x | -71.1 x | -4,893 x | -7.74 x | 34.6 x | 31.5 x | 23.5 x | 16.8 x |
| EV / FCF | -7.3 x | -18.9 x | -7.76 x | -4.39 x | 16.4 x | 30.1 x | 36.2 x | 25.1 x |
| FCF Yield | -13.7% | -5.29% | -12.9% | -22.8% | 6.11% | 3.32% | 2.76% | 3.99% |
| Price to Book | 47.4 x | 47.3 x | 68.1 x | -0.97 x | 24.9 x | -22.5 x | -13.3 x | -9.04 x |
| Nbr of stocks (in thousands) | 50,307 | 70,579 | 85,587 | 105,948 | 114,030 | 116,538 | - | - |
| Reference price 2 | 92.05 | 239.5 | 231.8 | 4.740 | 52.94 | 84.31 | 84.31 | 84.31 |
| Announcement Date | 2/26/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,940 | 5,587 | 12,814 | 13,604 | 10,771 | 11,292 | 13,031 | 15,557 |
| EBITDA 1 | -229.5 | -257.2 | -5 | -1,041 | 339 | 498.3 | 672.8 | 934.2 |
| EBIT 1 | -280.3 | -332.4 | -110 | -1,490 | -72 | 83.41 | 243.5 | 531.9 |
| Operating Margin | -7.11% | -5.95% | -0.86% | -10.95% | -0.67% | 0.74% | 1.87% | 3.42% |
| Earnings before Tax (EBT) 1 | -364.6 | -462.5 | -286 | -2,893 | 175 | -605.9 | -493.3 | -222.2 |
| Net income 1 | -364.6 | -462.2 | -287 | -2,894 | 150 | -547 | -421.6 | -144 |
| Net margin | -9.26% | -8.27% | -2.24% | -21.27% | 1.39% | -4.84% | -3.24% | -0.93% |
| EPS 2 | -2.450 | -2.630 | -1.630 | -15.74 | 0.7500 | -3.349 | -2.567 | -1.377 |
| Free Cash Flow 1 | -751.5 | -968.2 | -3,151 | -1,836 | 716 | 521.3 | 437.8 | 625.5 |
| FCF margin | -19.08% | -17.33% | -24.59% | -13.5% | 6.65% | 4.62% | 3.36% | 4.02% |
| FCF Conversion (EBITDA) | - | - | - | - | 211.21% | 104.61% | 65.07% | 66.96% |
| FCF Conversion (Net income) | - | - | - | - | 477.33% | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 2/26/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,480 | 3,753 | 3,497 | 3,884 | 3,386 | 2,837 | 2,606 | 2,968 | 2,773 | 2,424 | 2,694 | 2,893 | 2,888 | 2,747 | 3,024 |
| EBITDA 1 | 6 | -93 | -405 | -239 | -200 | -291 | -24 | 155 | 148 | 60 | 127.9 | 135.8 | 132.2 | 100.7 | 180.9 |
| EBIT 1 | -20 | -126 | -429 | -325 | -297 | -439 | -131 | 47 | 49 | -37 | 25.46 | 32.49 | 28.09 | -3.302 | 69.8 |
| Operating Margin | -0.57% | -3.36% | -12.27% | -8.37% | -8.77% | -15.47% | -5.03% | 1.58% | 1.77% | -1.53% | 0.95% | 1.12% | 0.97% | -0.12% | 2.31% |
| Earnings before Tax (EBT) 1 | -68 | -181 | -506 | -438 | -508 | -1,441 | -288 | -105 | 770 | -202 | -146.9 | -142.5 | -150.6 | -182.6 | -161 |
| Net income 1 | -68 | -182 | -506 | -238 | -508 | -1,441 | -286 | -105 | 741 | -200 | -134.8 | -124.4 | -135.7 | -169 | -99.35 |
| Net margin | -1.95% | -4.85% | -14.47% | -6.13% | -15% | -50.79% | -10.97% | -3.54% | 26.72% | -8.25% | -5% | -4.3% | -4.7% | -6.15% | -3.28% |
| EPS 2 | -0.3800 | -1.020 | -2.890 | -2.350 | -2.670 | -7.610 | -1.510 | -0.5500 | 3.600 | -1.000 | -0.7873 | -0.7613 | -0.7845 | -0.9331 | -0.6100 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 2/24/22 | 4/20/22 | 8/4/22 | 11/3/22 | 2/23/23 | 5/4/23 | 7/19/23 | 11/2/23 | 2/22/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 856 | 1,382 | 4,628 | 7,554 | 5,679 | 5,889 | 6,018 | 5,858 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | -3.728 x | -5.373 x | -925.6 x | -7.256 x | 16.75 x | 11.82 x | 8.944 x | 6.271 x |
| Free Cash Flow 1 | -752 | -968 | -3,151 | -1,836 | 716 | 521 | 438 | 626 |
| ROE (net income / shareholders' equity) | -410% | -190% | -82.7% | - | - | 26.8% | 59.8% | 74.2% |
| ROA (Net income/ Total Assets) | -23.9% | -18.2% | -5.71% | -26.1% | -7.57% | -7.43% | -5.26% | -1.97% |
| Assets 1 | 1,524 | 2,546 | 5,025 | 11,107 | -1,983 | 7,363 | 8,022 | 7,306 |
| Book Value Per Share 2 | 1.940 | 5.070 | 3.400 | -4.890 | 2.130 | -3.750 | -6.340 | -9.330 |
| Cash Flow per Share 2 | -4.990 | -3.540 | -14.80 | -13.10 | 4.000 | -1.160 | -1.260 | 0.7900 |
| Capex 1 | 231 | 360 | 557 | 512 | 87 | 101 | 124 | 127 |
| Capex / Sales | 5.85% | 6.44% | 4.35% | 3.76% | 0.81% | 0.89% | 0.95% | 0.82% |
| Announcement Date | 2/26/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D
Sell
Buy
Mean consensus
HOLD
Number of Analysts
23
Last Close Price
84.31
USD
Average target price
64.74
USD
Spread / Average Target
-23.21%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +59.26% | 9.83B | |
| -9.32% | 10.95B | |
| 0.00% | 2.38B | |
| +17.62% | 1.89B | |
| +41.96% | 878M | |
| +11.95% | 459M | |
| 0.00% | 422M | |
| -74.04% | 342M | |
| -23.62% | 370M | |
| +19.76% | 272M |
- Stock Market
- Equities
- CVNA Stock
- Financials Carvana Co.
