Added to YB: 2026-05-11
Pitch date: 2026-05-07
CPRT [bullish]
Copart, Inc.
+0.71%
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
$32.7B
Pitch Price
$33.70
Price Target
56.00 (+65%)
Dividend
N/A
EV/EBITDA
13.99
P/E
21.35
EV/Sales
6.01
Sector
Commercial Services and Supplies
Category
value
Copart - $CPRT
CPRT: Salvage vehicle auction duopoly w/ 750K global buyers, 200+ owned yards (impossible to replicate due to zoning). Owner earnings ~$1.81B (~$1.89/share) vs $1.78B net income after adjusting for growth capex (land). 20%+ ROIC, 12-13% expected CAGR. Trading $33.23 vs $40 base IV (17% margin of safety). Tailwinds: total-loss frequency rising (sensors/tech), international early stage. Risks: IAA competition, EV repairability, governance concentration. Fair price for quality compounder.
Read full article (8 min)