WallStSmart

Carvana Co (CVNA)vsKAR Auction Services Inc (KAR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Carvana Co generates 972% more annual revenue ($20.32B vs $1.90B). KAR leads profitability with a 9.0% profit margin vs 6.9%. KAR trades at a lower P/E of 35.5x. KAR earns a higher WallStSmart Score of 65/100 (B-).

CVNA

Buy

60

out of 100

Grade: C+

Growth: 8.0Profit: 7.0Value: 7.0Quality: 8.5
Piotroski: 4/9Altman Z: 2.18

KAR

Strong Buy

65

out of 100

Grade: B-

Growth: 7.3Profit: 6.5Value: 9.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CVNAUndervalued (+8.1%)

Margin of Safety

+8.1%

Fair Value

$395.93

Current Price

$308.56

$87.37 discount

UndervaluedFair: $395.93Overvalued
KARUndervalued (+24.2%)

Margin of Safety

+24.2%

Fair Value

$40.72

Current Price

$30.88

$9.84 discount

UndervaluedFair: $40.72Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CVNA4 strengths · Avg: 9.5/10
Return on EquityProfitability
67.9%10/10

Every $100 of equity generates 68 in profit

Revenue GrowthGrowth
58.0%10/10

Revenue surging 58.0% year-over-year

Market CapQuality
$65.96B9/10

Large-cap with strong market position

Debt/EquityHealth
0.189/10

Conservative balance sheet, low leverage

KAR2 strengths · Avg: 9.0/10
EPS GrowthGrowth
108.3%10/10

Earnings expanding 108.3% YoY

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Areas to Watch

CVNA3 concerns · Avg: 3.7/10
P/E RatioValuation
35.6x4/10

Premium valuation, high expectations priced in

Price/BookValuation
12.8x4/10

Trading at 12.8x book value

Profit MarginProfitability
6.9%3/10

6.9% margin — thin

KAR1 concerns · Avg: 4.0/10
P/E RatioValuation
35.5x4/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : CVNA

The strongest argument for CVNA centers on Return on Equity, Revenue Growth, Market Cap. Revenue growth of 58.0% demonstrates continued momentum.

Bull Case : KAR

The strongest argument for KAR centers on EPS Growth, Price/Book. PEG of 1.34 suggests the stock is reasonably priced for its growth.

Bear Case : CVNA

The primary concerns for CVNA are P/E Ratio, Price/Book, Profit Margin.

Bear Case : KAR

The primary concerns for KAR are P/E Ratio.

Key Dynamics to Monitor

CVNA profiles as a hypergrowth stock while KAR is a value play — different risk/reward profiles.

CVNA carries more volatility with a beta of 3.67 — expect wider price swings.

CVNA is growing revenue faster at 58.0% — sustainability is the question.

CVNA generates stronger free cash flow (379M), providing more financial flexibility.

Bottom Line

KAR scores higher overall (65/100 vs 60/100). Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Carvana Co

CONSUMER CYCLICAL · AUTO & TRUCK DEALERSHIPS · USA

Carvana Co., operates an e-commerce platform to buy and sell used cars in the United States. The company is headquartered in Tempe, Arizona.

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KAR Auction Services Inc

CONSUMER CYCLICAL · AUTO & TRUCK DEALERSHIPS · USA

KAR Auction Services, Inc. provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. The company is headquartered in Carmel, Indiana.

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