KAR Auction Services, Inc. (KAR)

NYSE: KAR · IEX Real-Time Price · USD
15.82
+0.70 (4.63%)
Jun 24, 2022 4:00 PM EDT - Market closed

Total Valuation

KAR has a market cap or net worth of $1.92 billion. The enterprise value is $3.82 billion.

Market Cap 1.92B
Enterprise Value 3.82B

Important Dates

The next earnings date is Tuesday, August 2, 2022, after market close.

Estimated Earnings Date Aug 2, 2022
Ex-Dividend Date n/a

Share Statistics

KAR has 121.53 million shares outstanding. The number of shares has decreased by -6.57% in one year.

Shares Outstanding 121.53M
Shares Change (YoY) -6.57%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 1.63%
Owned by Institutions (%) 109.91%
Float 119.51M

Valuation Ratios

PE Ratio n/a
Forward PE 25.13
PS Ratio 0.94
PB Ratio 1.27
P/FCF Ratio 21.04
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.52, with a EV/FCF ratio of 41.83.

EV / Earnings 249.86
EV / Sales 1.87
EV / EBITDA 12.52
EV / EBIT 26.68
EV / FCF 41.83

Financial Position

The company has a current ratio of 1.21, with a Debt / Equity ratio of 1.36.

Current Ratio 1.21
Quick Ratio 0.73
Debt / Equity 1.36
Debt / EBITDA 6.75
Debt / FCF 22.55

Financial Efficiency

Return on equity (ROE) is 1.00%, which is considered low. The company has a high ROIC of 4.10%.

Return on Equity (ROE) 1.00%
Return on Assets (ROA) 0.20%
Return on Capital (ROIC) 4.10%
Revenue Per Employee $247,020
Profits Per Employee $1,853
Employee Count 8,256
Asset Turnover 0.28
Inventory Turnover n/a

Taxes

In the past 12 months, KAR has paid $6.70 million in taxes.

Income Tax 6.70M
Effective Tax Rate 30.45%

Stock Price Statistics

The stock price has decreased by -12.98% in the last 52 weeks. The beta is 1.04, so KAR's price volatility has been similar to the market average.

Beta (1Y) 1.04
52-Week Price Change -12.98%
50-Day Moving Average 15.11
200-Day Moving Average 15.83
Average Volume (30 Days) 1,404,388

Short Selling Information

The latest short interest is 7.46 million, so 6.14% of the outstanding shares have been sold short.

Short Interest 7.46M
Short % of Shares Out 6.14%
Short % of Float 6.25%
Short Ratio (days to cover) 4.68

Income Statement

In the last 12 months, KAR had revenue of $2.04 billion and earned 15.30 million in profits. Earnings per share was -$0.24.

Revenue 2.04B
Gross Profit 859.10M
Operating Income 169.10M
Pretax Income 22.00M
Net Income 15.30M
EBITDA 305.30M
EBIT 143.30M
Earnings Per Share (EPS) -$0.24
Full Income Statement

Balance Sheet

The company has $160.50 million in cash and $2.06 billion in debt, giving a net cash position of -$1.90 billion or -$15.64 per share.

Cash & Cash Equivalents 160.50M
Total Debt 2.06B
Net Cash -1.90B
Net Cash Per Share -$15.64
Book Value 1.52B
Book Value Per Share 12.47
Working Capital 939.40M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $188.70 million and capital expenditures -$97.30 million, giving a free cash flow of $91.40 million.

Operating Cash Flow 188.70M
Capital Expenditures -97.30M
Free Cash Flow 91.40M
FCF Per Share $0.75
Full Cash Flow Statement

Margins

Gross margin is 42.13%, with operating and profit margins of 8.29% and 0.75%.

Gross Margin 42.13%
Operating Margin 8.29%
Pretax Margin 1.08%
Profit Margin 0.75%
EBITDA Margin 14.97%
EBIT Margin 7.03%
FCF Margin 4.48%

Dividends & Yields

KAR does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 0.80%
FCF Yield 4.75%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield n/a
Shareholder Yield n/a
Dividend Details

Analyst Forecast

The average price target for KAR is $21.59, which is 36.47% higher than the current price. The consensus rating is "Buy".

Price Target $21.59
Price Target Difference 36.47%
Analyst Consensus Buy
Analyst Count 14
Stock Forecasts

Stock Splits

The last stock split was on June 28, 2019. It was a forward split with a ratio of 2642:1000.

Last Split Date Jun 28, 2019
Split Type Forward
Split Ratio 2642:1000