SteadySharesSteadyShares
Try now

Copart Inc. (CPRT)

Industrials · NASDAQ · US

$27.28-9.97% today

Fundamentals

Market cap$25.47B
P/E ratio17.1
Revenue growth (YoY)+2.1%
Profit margin33.5%
Return on equity17.6%
52-week range$27.23 to $50.11
Next earnings2026-05-21

Valuation and ratings

DCF fair value$19.24
Upside to fair value-29.5%
Analyst target (mean)$40.90
Analyst range$32.00 to $55.00
Analysts covering10
Consensus viewbuy
Moat score72/100
Overall rating45/100, Hold

Copart Inc. trades at $27.28, which is 29% above the $19.24 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 72 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 17.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

About Copart Inc.

Copart, Inc. provides online auctions and vehicle remarketing services in the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. It offers a range of services to process and sell vehicles over the internet through its virtual bidding third generation internet auction-style sales technology. The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and express, loan payoff, flexible vehicle processing programs, buy it now, sales process, and dealer services. Its services also comprise services to sell vehicles through BluCar, CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; and copart 360, a proprietary technology that captures clear 360-degree views of interiors and exteriors of cars, trucks, and vans. In addition, it provides IntelliSeller, an automated tool leveraging its vehicle and sales data to assist its sellers in making vital auction decisions; Purple Wave Inc., that offers wholesale construction, agriculture, and fleet remarketing services through no-reserve online auctions; wholesale powersport vehicle remarketing services through live and online auction platforms. The company sells its products to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public. Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas

Industry: Specialty Business ServicesEmployees: 13,800HQ: United States

CPRT passes 5 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Fortress balance sheets
Companies that owe almost nothing. They will survive things that kill their competitors, and they can buy the wreckage afterwards.
High margin machines
Companies that keep an unusually large share of every pound they sell. That is pricing power made visible.
Beaten down, but not broken
Good businesses whose share price has been punished. Sometimes the market is wrong. Sometimes it is early. The screen cannot tell you which.
Data centres and power
AI's binding constraint turned out not to be chips. It is electricity, and the grid was not built for this.
Aerospace and defence
Governments are rearming and the order books run for a decade. The customer cannot stop buying, and it also sets your margin.

Smart money ownership

5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Common questions

Is Copart Inc. (CPRT) undervalued?

Against our discounted cash flow estimate of $19.24, CPRT at $27.28 is 29% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

Which funds own CPRT?

5 of the institutions we track reported a position in CPRT in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is CPRT's P/E ratio?

CPRT trades at 17.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

The full research page for CPRT, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Open CPRT in the appFree guides and screens

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.