Carvana Historical Financial Ratios
| CVNA Stock | USD 116.50 29.41 33.77% |
Carvana is presently reporting on over 109 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.16, PTB Ratio of 16.82 or Days Sales Outstanding of 7.47 will help investors to properly organize and evaluate Carvana financial condition quickly.
Carvana |
About Carvana Financial Ratios Analysis
CarvanaFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Carvana investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Carvana financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Carvana history.
Carvana Financial Ratios Chart
Carvana Co financial ratios usually calculated using numerical values taken directly from Carvana financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Carvana. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At present, Carvana's Book Value Per Share is projected to slightly decrease based on the last few years of reporting. The current year's Free Cash Flow Yield is expected to grow to 0.13, whereas Price To Sales Ratio is forecasted to decline to 0.51. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Carvana stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Carvana sales, a figure that is much harder to manipulate than other Carvana Co multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Carvana Co dividend as a percentage of Carvana stock price. Carvana dividend yield is a measure of Carvana stock productivity, which can be interpreted as interest rate earned on an Carvana investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most ratios from Carvana's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Carvana current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At present, Carvana's Book Value Per Share is projected to slightly decrease based on the last few years of reporting. The current year's Free Cash Flow Yield is expected to grow to 0.13, whereas Price To Sales Ratio is forecasted to decline to 0.51.
| 2023 | 2024 (projected) | Dividend Yield | 0.18 | 0.16 | Price To Sales Ratio | 0.54 | 0.51 |
Carvana fundamentals Correlations
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Carvana Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carvana fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.09 | 2.79 | 1.5 | 0.0351 | 0.54 | 0.51 | |
| Ptb Ratio | 43.95 | 40.16 | 62.72 | (0.92) | 23.82 | 16.82 | |
| Days Sales Outstanding | 3.69 | 5.55 | 5.87 | 6.79 | 9.01 | 7.47 | |
| Book Value Per Share | 2.09 | 5.96 | 3.7 | (5.14) | 2.22 | 4.02 | |
| Free Cash Flow Yield | (0.23) | (0.0622) | (0.16) | (3.84) | 0.12 | 0.13 | |
| Invested Capital | 16.48 | 4.83 | 18.87 | (17.02) | 27.6 | 28.98 | |
| Operating Cash Flow Per Share | (16.16) | (9.36) | (31.33) | (13.13) | 7.35 | 7.71 | |
| Capex To Depreciation | (5.59) | (4.88) | (5.3) | (1.96) | (0.25) | (0.26) | |
| Pb Ratio | 43.95 | 40.16 | 62.72 | (0.92) | 23.82 | 16.82 | |
| Ev To Sales | 1.49 | 3.07 | 1.92 | 0.65 | 1.11 | 1.03 | |
| Free Cash Flow Per Share | (21.08) | (14.9) | (38.05) | (18.21) | 6.55 | 6.88 | |
| Roic | (0.087) | (0.15) | (0.0182) | (0.19) | (0.008881) | (0.009325) | |
| Inventory Turnover | 4.5 | 4.63 | 3.46 | 6.59 | 7.87 | 8.26 | |
| Net Income Per Share | (4.09) | (7.11) | (3.47) | (28.7) | 4.12 | 4.32 | |
| Days Of Inventory On Hand | 81.08 | 78.92 | 105.59 | 55.41 | 46.4 | 44.08 | |
| Payables Turnover | 14.65 | 72.07 | 77.2 | 57.21 | 40.39 | 38.37 | |
| Capex To Revenue | (0.0585) | (0.0644) | (0.0435) | (0.0376) | (0.008077) | (0.008481) | |
| Cash Per Share | 3.73 | 6.65 | 9.48 | 7.49 | 8.2 | 4.89 | |
| Pocfratio | (5.7) | (25.58) | (7.4) | (0.36) | 7.21 | 7.57 | |
| Interest Coverage | (3.52) | (2.52) | (0.62) | (3.21) | (0.11) | (0.12) | |
| Capex To Operating Cash Flow | 0.35 | 0.3 | 0.59 | 0.21 | (0.11) | (0.1) | |
| Pfcf Ratio | (4.37) | (16.07) | (6.09) | (0.26) | 8.08 | 8.49 | |
| Days Payables Outstanding | 24.92 | 5.06 | 4.73 | 6.38 | 9.04 | 12.87 | |
| Income Quality | 2.08 | 1.32 | 9.04 | 0.46 | 5.35 | 5.62 | |
| Roe | (1.95) | (1.19) | (0.94) | 5.59 | 1.85 | 1.94 | |
| Ev To Operating Cash Flow | (7.73) | (28.17) | (9.47) | (6.69) | 14.9 | 15.64 | |
| Pe Ratio | (22.51) | (33.68) | (66.88) | (0.17) | 12.86 | 13.5 | |
| Return On Tangible Assets | (0.0938) | (0.15) | (0.041) | (0.34) | 0.0641 | 0.0673 | |
| Ev To Free Cash Flow | (5.93) | (17.7) | (7.8) | (4.83) | 16.71 | 17.54 | |
| Earnings Yield | (0.0444) | (0.0297) | (0.015) | (6.06) | 0.0778 | 0.0816 | |
| Intangibles To Total Assets | 0.00806 | 0.004942 | 0.001853 | 0.008048 | 0.007354 | 0.008918 | |
| Net Debt To E B I T D A | (6.35) | (6.11) | (1.1K) | (6.45) | 21.98 | 23.08 | |
| Current Ratio | 2.01 | 1.57 | 4.12 | 1.69 | 1.77 | 2.16 | |
| Tangible Book Value Per Share | 3.74 | 12.1 | 6.18 | (11.14) | (3.99) | (3.79) | |
| Receivables Turnover | 98.83 | 65.73 | 62.2 | 53.77 | 40.49 | 47.54 | |
| Graham Number | 13.88 | 30.9 | 16.98 | 57.6 | 14.35 | 17.76 | |
| Shareholders Equity Per Share | 2.09 | 5.96 | 3.7 | (5.14) | 2.22 | 4.02 | |
| Debt To Equity | 16.48 | 4.83 | 18.87 | (17.02) | 27.6 | 28.98 |
Carvana Investors Sentiment
The influence of Carvana's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Carvana. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Carvana's public news can be used to forecast risks associated with an investment in Carvana. The trend in average sentiment can be used to explain how an investor holding Carvana can time the market purely based on public headlines and social activities around Carvana Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Carvana's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Carvana's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Carvana's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Carvana.
Carvana Implied Volatility | 170.38 |
Carvana's implied volatility exposes the market's sentiment of Carvana Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Carvana's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Carvana stock will not fluctuate a lot when Carvana's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Carvana in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Carvana's short interest history, or implied volatility extrapolated from Carvana options trading.
Pair Trading with Carvana
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carvana position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carvana will appreciate offsetting losses from the drop in the long position's value.Moving together with Carvana Stock
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| 0.73 | JD | JD Inc Adr Buyout Trend | PairCorr |
Moving against Carvana Stock
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| 0.67 | BGI | Birks Group | PairCorr |
| 0.65 | DTC | Solo Brands | PairCorr |
The ability to find closely correlated positions to Carvana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carvana when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carvana - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carvana Co to buy it.
The correlation of Carvana is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carvana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carvana moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carvana can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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When running Carvana's price analysis, check to measure Carvana's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carvana is operating at the current time. Most of Carvana's value examination focuses on studying past and present price action to predict the probability of Carvana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carvana's price. Additionally, you may evaluate how the addition of Carvana to your portfolios can decrease your overall portfolio volatility.
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Is Carvana's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carvana. If investors know Carvana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carvana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.18) | Revenue Per Share 100.326 | Quarterly Revenue Growth 0.175 | Return On Assets 0.016 | Return On Equity (12.69) |
The market value of Carvana is measured differently than its book value, which is the value of Carvana that is recorded on the company's balance sheet. Investors also form their own opinion of Carvana's value that differs from its market value or its book value, called intrinsic value, which is Carvana's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carvana's market value can be influenced by many factors that don't directly affect Carvana's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carvana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carvana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.