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Added to YB: 2026-01-16

Pitch date: 2026-01-14

CPRT [neutral]

Copart, Inc.

+2.79%

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

$38.7B

Pitch Price

$40.13

Price Target

N/A

Dividend

N/A

EV/EBITDA

16.66

P/E

24.53

EV/Sales

7.21

Sector

Commercial Services and Supplies

Category

N/A

Show full summary:
Notes on Copart

CPRT (pass): Leading salvage auction marketplace w/ 90% land ownership & digital flywheel, down 37% from peak on slowing revenue growth (7.5% vs double-digit expectations). Q4 growth decelerated to 5% on lower volumes. Quality biz w/ 25%+ ROIC but trading 20x EV/EBIT for ~10% earnings CAGR. Risks: used car price declines, autonomous vehicles reducing accidents, competitor IAA gaining share from major insurer. No meaningful rebound catalysts identified.

Read full article (4 min)