Subject: Re: Carmax earnings Top Estimates
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.

Is anyone else concerned about this issue?