Subject: Re: OT: Car Max (KMX)
I posted the below on the KMX board, but then noticed that the last post there was almost two months ago. Since KMX is being discussed here and the traffic is greater on this board, I decided to post it here as well.

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Valueline estimates that KMX's EPS in the years 2026-2028 will be $4.40.

Also, the median P/E of KMX in the last 10 years has been 18. If we assume that multiple to apply in 2026-2028 (which, in my view is a very optimistic assumption, given the growth rate of EPS from now to then), the expected price then will be $79.20, as against a current price of $74.66.

KMX pays no dividends so if the assumption above bears out, we're looking at a 6 percent total return from now to 2026-2028.

Is anyone else concerned about this issue?