(CPRT) Copart - Overview
Sector: Industrials | Industry: Specialty Business Services | Exchange: NASDAQ (USA) | Market Cap: 30.339m USD | Total Return: -38.3% in 12m
Avg Turnover: 318M
EPS Trend: 96.7%
Qual. Beats: 0
Rev. Trend: 95.7%
Qual. Beats: 1
Warnings
Fakeout Below Avwap Earnings
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: 1.55b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 1.67 > 1.0 |
| NWC/Revenue: 97.68% < 20% (prev 102.4%; Δ -4.74% < -1%) |
| CFO/TA 0.17 > 3% & CFO 1.69b > Net Income 1.55b |
| Net Debt (-4.11b) to EBITDA (1.98b): -2.08 < 3 |
| Current Ratio: 7.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (965.2m) vs 12m ago -1.32% < -2% |
| Gross Margin: 45.53% > 18% (prev 44.71%; Δ 0.82% > 0.5%) |
| Asset Turnover: 48.02% > 50% (prev 47.46%; Δ 0.55% > 0%) |
| Interest Coverage Ratio: 9.85 > 6 (EBIT TTM 1.76b / Interest Expense TTM 178.9m) |
| A: 0.47 (Total Current Assets 5.22b - Total Current Liabilities 685.3m) / Total Assets 9.65b |
| B: 0.79 (Retained Earnings 7.65b / Total Assets 9.65b) |
| C: 0.18 (EBIT TTM 1.76b / Avg Total Assets 9.66b) |
| D: 10.03 (Book Value of Equity 8.77b / Total Liabilities 874.8m) |
| Altman-Z'' = 17.42 = AAA |
| DSRI: 1.04 (Receivables 794.5m/757.8m, Revenue 4.64b/4.59b) |
| GMI: 0.98 (GM 44.71% / 45.53%) |
| AQI: 0.97 (AQ_t 0.07 / AQ_t-1 0.07) |
| SGI: 1.01 (Revenue 4.64b / 4.59b) |
| TATA: -0.01 (NI 1.55b - CFO 1.69b) / TA 9.65b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of June 08, 2026, the stock is trading at USD 30.96 with a total of 12,365,989 shares traded.
Over the past week, the price has changed by -5.52%,
over one month by -8.62%,
over three months by -17.59% and
over the past year by -38.27%.
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 | 41.4 | 33.9% |
P/E Trailing = 20.354
P/E Forward = 19.4932
P/S = 6.5401
P/B = 3.4577
P/EG = 3.9486
Revenue TTM = 4.64b USD
EBIT TTM = 1.76b USD
EBITDA TTM = 1.98b USD
Long Term Debt = 77.3m USD (estimated: total debt 93.1m - short term 15.8m)
Short Term Debt = 15.8m USD (from shortTermDebt, last quarter)
Debt = 93.1m USD (from shortLongTermDebtTotal, last quarter) (leases 96.1m already included)
Net Debt = -4.11b USD (calculated: Debt 93.1m - CCE 4.20b)
Enterprise Value = 26.2b USD (30.3b + Debt 93.1m - CCE 4.20b)
Interest Coverage Ratio = 9.85 (Ebit TTM 1.76b / Interest Expense TTM 178.9m)
EV/FCF = 19.59x (Enterprise Value 26.2b / FCF TTM 1.34b)
FCF Yield = 5.11% (FCF TTM 1.34b / Enterprise Value 26.2b)
FCF Margin = 28.87% (FCF TTM 1.34b / Revenue TTM 4.64b)
Net Margin = 33.48% (Net Income TTM 1.55b / Revenue TTM 4.64b)
Gross Margin = 45.53% ((Revenue TTM 4.64b - Cost of Revenue TTM 2.53b) / Revenue TTM)
Gross Margin QoQ = 46.29% (prev 43.94%)
Tobins Q-Ratio = 2.72 (Enterprise Value 26.2b / Total Assets 9.65b)
Interest Expense / Debt = 192.1% (Interest Expense 178.9m / Debt 93.1m)
Taxrate = 18.85% (359.8m / 1.91b)
NOPAT = 1.43b (EBIT 1.76b * (1 - 18.85%))
Current Ratio = 7.61 (Total Current Assets 5.22b / Total Current Liabilities 685.3m)
Debt / Equity = 0.01 (Debt 93.1m / totalStockholderEquity, last quarter 8.77b)
Debt / EBITDA = -2.08 (Net Debt -4.11b / EBITDA 1.98b)
Debt / FCF = -3.07 (Net Debt -4.11b / FCF TTM 1.34b)
Total Stockholder Equity = 9.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.08% (Net Income 1.55b / Total Assets 9.65b)
RoE = 16.63% (Net Income TTM 1.55b / Total Stockholder Equity 9.34b)
RoCE = 18.72% (EBIT 1.76b / Capital Employed (Equity 9.34b + L.T.Debt 77.3m))
RoIC = 16.35% (NOPAT 1.43b / Invested Capital 8.75b)
WACC = 7.83% (E(30.3b)/V(30.4b) * Re(7.85%) + (debt cost/tax rate unavailable))
Discount Rate = 7.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 6.67 | Cagr: -0.43%
[DCF] Terminal Value 77.72% ; FCFF base≈1.28b ; Y1≈1.44b ; Y5≈2.05b
[DCF] Fair Price = 37.85 (EV 30.9b - Net Debt -4.11b = Equity 35.0b / Shares 925.8m; r=8.35% [WACC [floored]]; 5y FCF grow 13.37% → 2.50% )
EPS Correlation: 96.68 | EPS CAGR: 9.34% | SUE: 0.67 | # QB: 0
Revenue Correlation: 95.74 | Revenue CAGR: 7.34% | SUE: 1.37 | # QB: 1
EPS next Quarter (2026-10-31): EPS=0.41 | Chg30d=-0.65% | Revisions=+11% | Analysts=7
EPS current Year (2026-07-31): EPS=1.58 | Chg30d=+0.48% | Revisions=+40% | GrowthEPS=-0.5% | GrowthRev=-0.1%
EPS next Year (2027-07-31): EPS=1.70 | Chg30d=+1.10% | Revisions=+33% | GrowthEPS=+7.4% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: +40%