Added to YB: 2026-09-02
Pitch date: 2026-08-30
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
175.00 (+430%)
Dividend
N/A
EV/EBITDA
13.25
P/E
20.49
EV/Sales
5.70
Sector
Commercial Services and Supplies
Category
value
Copart: a wonderful company at a wonderful price (I bought it, of course)
CPRT: Copart’s roughly 50% drawdown has pushed the dominant salvage-auction operator to 22.5x unlevered FCF, the ninth percentile of its 10-year range, despite flat trailing operating income, $1.34B of FCF and $4.2B of cash. The US unit decline appears driven mainly by a reversing insurance cycle and unfavorable carrier mix rather than structural share loss; the key risks are the long-term total-loss-rate, auction-price and accident-count dynamics.
Read full article (187 min)