Added to YB: 2025-06-20
Pitch date: 2025-06-18
CPRT [neutral]
Copart, Inc.
-20%
current return
Author Info
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Company Info
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.
Market Cap
$37.7B
Pitch Price
$48.34
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.16
P/E
23.90
EV/Sales
7.00
Sector
Commercial Services and Supplies
Category
growth
Copart: Under the Hood
CPRT (overview - fairly valued): Online auto auction platform with 250+ owned locations (8,500 acres) across 11 countries. Network effect with 1M+ buyers in 190+ countries. Rising vehicle repair costs drive total loss frequency. Fee-based model yields 45% GM, 36% OM, 32% NM, 25%+ ROIC, 13% EPS growth. Key risks: AV adoption, international execution. Fair at 31x P/E, compelling below $45.
Read full article (10 min)