Added to YB: 2026-09-02
Pitch date: 2026-08-29
CPRT [bullish]
Copart, Inc.
-1.5%
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
$30.5B
Pitch Price
$32.96
Price Target
42.00 (+27%)
Dividend
N/A
EV/EBITDA
13.25
P/E
20.49
EV/Sales
5.70
Sector
Commercial Services and Supplies
Category
value
$4.2B in Cash, 30% ROIC, $33 Stock Price & $42 Intrinsic Value - $CPRT
CPRT: Copart is a high-quality salvage-auction duopoly trading at 20x trailing earnings and 19x EV/FCF after a 48% drawdown, with 30% operating-capital ROIC and $4.2B of liquid assets against $96M of debt. The $42 base value offers 27% upside from $33 if cyclical insurance volumes recover; initiate at 2-3%, while monitoring RB Global share gains and a potential value-destructive CCC acquisition.
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