Professional
Added to YB: 2025-09-10
Pitch date: 2025-09-09
CPRT [neutral]
Copart, Inc.
-19.27%
current return
Author Info
Andvari Associates manages a concentrated investment strategy designed with the goal of outperforming the market. Sign up for the newsletter.
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
$47.90
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
Seeing Beyond Copart's Recent Weakness
CPRT (update): Recent U.S. unit volume weakness (-1.8% Q4) driven by rising insurance costs causing more uninsured drivers, not market share loss. Strategic pruning of low-margin units. International margins hit 40.2% as Germany transitions to higher-margin consignment model. Strong cash position (10.9% of market cap). Temporary headwinds, secular total loss trends intact.
Read full article (5 min)