Carvana Co.

Carvana Co.

CVNAยทNYSE

$63.83

-2.7%
Consumer CyclicalAuto - Dealerships

Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. The company's platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. Carvana Co. was founded in 2012 and is headquartered in Tempe, Arizona.

At a Glance

Live Snapshot
Market Cap$69.19B
EPS10.2200
P/E Ratio6.25
Earnings Date07/29/2026
Carvana Co.

Carvana Co. Fair Value Envelope

CVNA ยท NYSE

Our analysis suggests that CVNA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $63.83, this represents a potential HIDDEN relative to our calculated worth for Carvana Co..

Intrinsic Value
Current Price: $63.83

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$26.1B
+ Cash & Equivalents$2.3B
Firm Value$28.5B
- Debt$633.0M
Equity Value$27.8B
/ Shares Outstanding216,803,441B
DCF Value$128
UNDERVALUED BY 101%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.1B
$1.2B
$1.3B
$1.4B
$1.5B
$1.6B
$1.7B
$1.8B
$2.0B
$2.1B
Maintenance CapEx
-$31.6M
-$34.0M
-$36.5M
-$39.3M
-$42.2M
-$45.4M
-$48.8M
-$52.4M
-$56.4M
-$60.6M
Owner Earnings
$1.1B
$1.2B
$1.3B
$1.3B
$1.4B
$1.6B
$1.7B
$1.8B
$1.9B
$2.1B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.0B
$997.2M
$992.6M
$988.0M
$983.4M
$978.8M
$974.2M
$969.7M
$965.2M
$960.7M
Terminal Value represents 62.5% of Enterprise Value