Professional
Added to YB: 2025-08-15
Pitch date: 2025-08-04
CPRT [bullish]
Copart, Inc.
-15.48%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
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
$45.75
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
Idea Brunch with Kevin Fogarty of Value Creators Capital - Copart, Inc.
CPRT: North American auto salvage leader with strong moat from land ownership, market share & tech advantage. Duopoly structure with widening profitability gap vs competitor. Long-term focused capital allocation creates flywheel effect: more capacity → more insurance customers → more buyers → higher prices. Management reinvests as owner-operators.
Read full article (3 min)