Added to YB: 2024-02-28
Pitch date: 2024-02-27
CPRT [neutral]
Copart, Inc.
-26.55%
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
$37.7B
Pitch Price
$52.65
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
Copart Inc. - $CPRT
CPRT: Mixed Q with rev +6.6% YoY to $1B, profit +10.9% to $326M. Stable prices & strong total loss freq offset slower growth. Intl expansion, diversification & M&A point to LT potential. $540M+ invested, strong $2.4B cash. 32x fwd PE seems full on high single-digit rev growth & low double-digit profit growth outlook. Hold on US dominance, 22% ROE.
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