CARG
screen pass · no fair value yet — WATCHCarGurus, Inc.·Technology
Screens well, but the council hasn't valued it yet.
70/100B
Price at last run$34.02as of Jul 8, 2026
quality techHigh returns on capitalROIC ~105% — it earns well on the money it puts to work.
Fat operating margins27% operating margin — pricing power / a real moat hint.
Generates real cash8.5% free-cash-flow yield — profits you can actually bank.
GrowingRevenue growing ~14%.
Catalystnone yet
✕Why not
The honest case against — what most tools hideWhat keeps us out
- Paying up here — we'd want a better entry price.
- Growth slowing while the multiple stays rich.
Patience price & distance
as of Jul 8, 2026 runThe patience price is where value discipline would let the council in — deliberately strict: we'd rather miss ten winners than own one loser.
Catalyst
none yet
A catalyst is a plausible reason the gap could close — never a certainty.