Added to YB: 2026-09-24
Pitch date: 2026-05-01
CPRT [bullish]
Copart, Inc.
-13.27%
current return
Author Info
No bio for this author
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
$27.1B
Pitch Price
$33.28
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.84
P/E
18.89
EV/Sales
4.87
Sector
Commercial Services and Supplies
Category
value
Long thesis for $CPRT
CPRT: Copart leads online salvage-vehicle auctions through a large two-sided marketplace connecting insurers and buyers, with a widening moat in a near-duopolistic industry, high incremental margins and a strong cash position. After declining over the past year, the shares trade below consensus fair value of roughly $43; the thesis expects auction volumes to rise as used-car prices retreat from chip-shortage-driven highs.
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