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3 years ago

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Is Carvana's Stock Overvalued Compared To CarMax?

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Is Carvana's Stock Overvalued Compared To CarMax?

E-commerce based used-car retailer, Carvana's P/S (price-to-sales) multiple of 2.7x is higher than the figure of 0.9x for CarMax, a used-car industry leader. So, is Carvana stock too expensive compared to CarMax stock? We believe that Carvana stock is currently overvalued compared to CarMax stock...

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Is Carvana's Stock Overvalued Compared To CarMax?

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Is Carvana's Stock Overvalued Compared To CarMax?

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