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America's Car-Mart [Part 1]: Turnaround Story Worthy Of Attention

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Rupert Hargreaves
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America's Car-Mart, Inc. (NASDAQ:CRMT) operates 131 auto dealerships within ten states and is the largest publicly traded automotive dealership in the US, focused exclusively on the "Buy Here/Pay Here" segment of the used car market. Car-Mart operates dealerships primarily in small cities throughout the South-Central region of the country, selling quality used vehicles and providing financing for substantially all of its customers. The company has a market capitalization of $331 million and an average daily volume of 70,380 shares.

America's Car-Mart not a traditional value play

Now, strictly speaking, America's Car-Mart, Inc. (NASDAQ:CRMT) is not a traditional deep-value, or value play. Instead the company looks to be a good turnaround story, which will benefit...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha