(CPRT) Copart - NASDAQ
Sector: Industrials | Industry: Specialty Business Services | Exchange: NASDAQ (USA) | Market Cap: 28.459m USD | Total Return: -36.7% in 12m
Avg Turnover: 375M
EPS Trend: 96.7%
Qual. Beats: 0
Rev. Trend: 95.7%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Copart, Inc. operates an online auction and vehicle remarketing platform serving sellers and buyers of used, salvage, and end-of-life vehicles. The company operates across more than ten countries, including the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, Ireland, and Bahrain. Its service offering spans the full remarketing workflow: vehicle pickup and transportation, inspection, title processing, salvage estimation, dealer and lender services, and online bidding through its virtual auction platform. The company sells primarily to licensed dismantlers, rebuilders, repair facilities, used vehicle dealers, and exporters, and also to retail buyers.
Beyond its core auto remarketing business, Copart has expanded through several brands and services. These include regional cash-for-cars consumer sites (BluCar, CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie), a parts retail platform (Copart Recycling), and technology tools such as Copart 360 for vehicle imaging and IntelliSeller for data-driven auction decisions. It also owns Purple Wave, which conducts no-reserve online auctions for construction, agriculture, and fleet equipment. Founded in 1982 and headquartered in Dallas, Texas, Copart belongs to the Diversified Support Services sub-industry within the Industrials sector. Vehicle remarketing operates on an asset-light online marketplace model, generating revenue largely through buyer and seller fees on each transaction rather than from owning or holding inventory.
- Catastrophe events drive salvage vehicle supply growth
- International yard expansion fuels segment revenue acceleration
- Used car price trends impact per-vehicle gross margins
| 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 (2.12b): -1.93 < 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: 10.67 > 6 (EBIT TTM 1.91b / 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: 0.20 (EBIT TTM 1.91b / Avg Total Assets 9.66b) |
| D: 10.03 (Book Value of Equity 8.77b / Total Liabilities 874.8m) |
| Altman-Z'' = 17.53 = 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 22, 2026, the stock is trading at USD 30.23 with a total of 30,771,218 shares traded.
Over the past week, the price has changed by -2.67%,
over one month by -12.12%,
over three months by -9.46% and
over the past year by -36.65%.
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 | 37.1% |
P/E Trailing = 19.0932
P/E Forward = 18.2482
P/S = 6.135
P/B = 3.2435
P/EG = 3.693
Revenue TTM = 4.64b USD
EBIT TTM = 1.91b USD
EBITDA TTM = 2.12b 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 93.1m already included)
Net Debt = -4.11b USD (calculated: Debt 93.1m - CCE 4.20b)
Enterprise Value = 24.4b USD (28.5b + Debt 93.1m - CCE 4.20b)
Interest Coverage Ratio = 10.67 (Ebit TTM 1.91b / Interest Expense TTM 178.9m)
EV/FCF = 18.18x (Enterprise Value 24.4b / FCF TTM 1.34b)
FCF Yield = 5.50% (FCF TTM 1.34b / Enterprise Value 24.4b)
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 = 2.52 (Enterprise Value 24.4b / Total Assets 9.65b)
Interest Expense / Debt = 192.1% (Interest Expense 178.9m / Debt 93.1m)
Taxrate = 18.85% (359.8m / 1.91b)
NOPAT = 1.55b (EBIT 1.91b * (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 = -1.93 (Net Debt -4.11b / EBITDA 2.12b)
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 = 20.27% (EBIT 1.91b / Capital Employed (Equity 9.34b + L.T.Debt 77.3m))
RoIC = 17.71% (NOPAT 1.55b / Invested Capital 8.75b)
WACC = 7.58% (E(28.5b)/V(28.6b) * Re(7.60%) + (debt cost/tax rate unavailable))
Discount Rate = 7.60% (= 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=+0% | Analysts=7
EPS current Year (2026-07-31): EPS=1.58 | Chg30d=+0.64% | Revisions=+43% | GrowthEPS=-0.4% | GrowthRev=-0.1%
EPS next Year (2027-07-31): EPS=1.69 | Chg30d=+0.36% | Revisions=+23% | GrowthEPS=+6.4% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: +43%