(CPRT) Copart - Overview
Sector: Industrials | Industry: Specialty Business Services | Exchange: NASDAQ (USA) | Market Cap: 33.138m USD | Total Return: -36% in 12m
Avg Turnover: 242M
EPS Trend: -63.6%
Qual. Beats: -1
Rev. Trend: 97.7%
Qual. Beats: -1
Warnings
Fakeout
Tailwinds
No distinct edge detected
Copart, Inc. (CPRT) operates a global online vehicle auction platform, facilitating the remarketing and sale of salvage and used vehicles across North America, Europe, and the Middle East. The company utilizes its proprietary virtual bidding technology to connect sellers-primarily insurance companies, banks, and fleet operators-with a diverse buyer base including dismantlers, rebuilders, and used vehicle dealers. Its service suite encompasses the entire remarketing lifecycle, including logistics, title processing, vehicle inspections, and data-driven estimation tools.
The business model relies on a network of physical storage processing centers paired with a digital marketplace, creating high barriers to entry due to the land-intensive nature of vehicle storage. In the salvage sector, volume is often driven by the increasing complexity of modern vehicle repairs, which leads insurance carriers to declare total losses more frequently even at lower damage thresholds. Further investigation into the company’s valuation metrics on ValueRay can provide deeper insight into its market positioning.
Beyond standard passenger vehicles, Copart has expanded into specialized segments such as heavy equipment, agriculture, and powersports through subsidiaries like Purple Wave. The company also operates direct-to-consumer brands and recycling services, diversifying its revenue streams within the broader automotive circular economy. Headquartered in Dallas, Texas, Copart has maintained a dominant position in the diversified support services industry since its incorporation in 1982.
- Rising vehicle repair costs increase total loss frequency for insurance carriers
- Expansion of physical yard capacity drives volume growth in international markets
- Used vehicle price fluctuations directly impact gross merchandise value and commissions
- Increasing vehicle complexity raises salvage values through higher demand for parts
- High interest rates and inflation pressure consumer demand for used vehicle inventory
| Net Income: 1.56b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 2.23 > 1.0 |
| NWC/Revenue: 120.6% < 20% (prev 96.24%; Δ 24.32% < -1%) |
| CFO/TA 0.17 > 3% & CFO 1.80b > Net Income 1.56b |
| Net Debt (-5.01b) to EBITDA (1.96b): -2.55 < 3 |
| Current Ratio: 10.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (976.1m) vs 12m ago -0.19% < -2% |
| Gross Margin: 45.34% > 18% (prev 0.45%; Δ 4.49k% > 0.5%) |
| Asset Turnover: 46.64% > 50% (prev 49.05%; Δ -2.41% > 0%) |
| Interest Coverage Ratio: 35.10 > 6 (EBITDA TTM 1.96b / Interest Expense TTM 49.8m) |
| A: 0.52 (Total Current Assets 6.18b - Total Current Liabilities 613.9m) / Total Assets 10.6b |
| B: 0.81 (Retained Earnings 8.63b / Total Assets 10.6b) |
| C: 0.18 (EBIT TTM 1.75b / Avg Total Assets 9.89b) |
| D: 10.85 (Book Value of Equity 8.55b / Total Liabilities 787.7m) |
| Altman-Z'' = 18.68 = AAA |
| DSRI: 0.90 (Receivables 861.6m/931.0m, Revenue 4.61b/4.51b) |
| GMI: 0.99 (GM 45.34% / 44.84%) |
| AQI: 0.85 (AQ_t 0.06 / AQ_t-1 0.07) |
| SGI: 1.02 (Revenue 4.61b / 4.51b) |
| TATA: -0.02 (NI 1.56b - CFO 1.80b) / TA 10.6b) |
| Beneish M = -3.21 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 34.40 with a total of 16,633,927 shares traded.
Over the past week, the price has changed by +4.61%,
over one month by +2.18%,
over three months by -4.22% and
over the past year by -36.03%.
Copart has received a consensus analysts rating of 3.64. Therefore, it is recommended to hold CPRT.
- StrongBuy: 2
- Buy: 3
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 42.4 | 23.4% |
P/E Forward = 20.4082
P/S = 7.1828
P/B = 3.3852
P/EG = 4.1835
Revenue TTM = 4.61b USD
EBIT TTM = 1.75b USD
EBITDA TTM = 1.96b USD
Long Term Debt = 79.4m USD (estimated: total debt 96.1m - short term 16.7m)
Short Term Debt = 16.7m USD (from shortTermDebt, last quarter)
Debt = 96.1m USD (from shortLongTermDebtTotal, last quarter) (leases 96.1m already included)
Net Debt = -5.01b USD (calculated: Debt 96.1m - CCE 5.10b)
Enterprise Value = 28.1b USD (33.1b + Debt 96.1m - CCE 5.10b)
Interest Coverage Ratio = 35.10 (Ebit TTM 1.75b / Interest Expense TTM 49.8m)
EV/FCF = 19.97x (Enterprise Value 28.1b / FCF TTM 1.41b)
FCF Yield = 5.01% (FCF TTM 1.41b / Enterprise Value 28.1b)
FCF Margin = 30.54% (FCF TTM 1.41b / Revenue TTM 4.61b)
Net Margin = 33.76% (Net Income TTM 1.56b / Revenue TTM 4.61b)
Gross Margin = 45.34% ((Revenue TTM 4.61b - Cost of Revenue TTM 2.52b) / Revenue TTM)
Gross Margin QoQ = 43.94% (prev 46.49%)
Tobins Q-Ratio = 2.66 (Enterprise Value 28.1b / Total Assets 10.6b)
Interest Expense / Debt = 51.84% (Interest Expense 49.8m / Debt 96.1m)
Taxrate = 20.65% (91.1m / 441.0m)
NOPAT = 1.39b (EBIT 1.75b * (1 - 20.65%))
Current Ratio = 10.06 (Total Current Assets 6.18b / Total Current Liabilities 613.9m)
Debt / Equity = 0.01 (Debt 96.1m / totalStockholderEquity, last quarter 9.79b)
Debt / EBITDA = -2.55 (Net Debt -5.01b / EBITDA 1.96b)
Debt / FCF = -3.55 (Net Debt -5.01b / FCF TTM 1.41b)
Total Stockholder Equity = 9.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.75% (Net Income 1.56b / Total Assets 10.6b)
RoE = 16.68% (Net Income TTM 1.56b / Total Stockholder Equity 9.34b)
RoCE = 18.57% (EBIT 1.75b / Capital Employed (Equity 9.34b + L.T.Debt 79.4m))
RoIC = 14.15% (NOPAT 1.39b / Invested Capital 9.81b)
WACC = 7.97% (E(33.1b)/V(33.2b) * Re(7.99%) + (debt cost/tax rate unavailable))
Discount Rate = 7.99% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 46.67 | Cagr: 0.20%
[DCF] Terminal Value 77.97% ; FCFF base≈1.25b ; Y1≈1.44b ; Y5≈2.11b
[DCF] Fair Price = 38.19 (EV 31.8b - Net Debt -5.01b = Equity 36.8b / Shares 963.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -63.56 | EPS CAGR: -11.90% | SUE: -1.36 | # QB: -1
Revenue Correlation: 97.68 | Revenue CAGR: 8.55% | SUE: -0.93 | # QB: -1
EPS current Year (2026-07-31): EPS=1.57 | Chg30d=-0.06% | Revisions=-20% | GrowthEPS=-1.0% | GrowthRev=-0.9%
EPS next Year (2027-07-31): EPS=1.68 | Chg30d=-0.05% | Revisions=-20% | GrowthEPS=+6.7% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: -20%