KAR Auction Services, Inc. (KAR)
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 |
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 |
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 |
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 |
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 |
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 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 |