Copart
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. The company provides a range of services to process and sell vehicles over …
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. The company provides a range of services to process and sell vehicles over the internet through its virtual bidding third generation internet auction-style sales technology. It offers services, such as online seller access; salvage estimation; estimating; end-of-life vehicle processing; transportation; vehicle inspection stations; on-demand reporting; title processing and express; loan payoff; flexible vehicle processing programs; buy it now and make an offer; sales process; and dealer services. In addition, the company provides IntelliSeller, an automated tool that leverages its vehicle and sales data to assist its sellers in making vital auction decisions; BluCar to sell vehicles of financial institutions, fleet, and rental car companies; CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie; and national powersport auctions services, which include services through live and online auction platforms to dealers, financial institutions, and original equipment manufacturers. Further, it offers wholesale construction, agriculture, and fleet remarketing services through no-reserve online auctions under Purple Wave brand name; Copart Recycling services; and Copart 360, a technology that captures clear 360-degree views of interiors and exteriors of cars, trucks, and vans. The company sells the vehicles to licensed vehicle dismantlers, rebuilders, repair licenses, used vehicle dealers, and exporters, as well as to the public. Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas.Looks overvalued
Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.
Details and the full model are below.
Market price above modeled range
Showing the FCFF (steady state) you selected on the company card, using 9.8% growth, 2.7% terminal growth and 10% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.
Assumptions: growth 9.80%, discount rate 10%, terminal growth 2.70% (sector defaults). See a worked example.
Blended growth assumption: 9.8% (sector default 6.2%, own revenue history 6.4%, analyst revenue consensus 13.3%).
5-year outlook: relative outlook of about 10.7% a year (High confidence), anchored to a 7% market return and adjusted for how this company ranks against others. A ranking aid, not a prediction. See the full forecast.
Analyst consensus expects revenue growth of 13.3% a year; the growth assumption used is 9.8%.
Adjust assumptions
Show the recommended model instead
Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.
Compare models- Recommended: Free-cash-flow DCF — USD 29.65 (-5.5%)
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EPS-based Gordon proxy
— USD 21.82 (-30.4%)
Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
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DCF (trailing free cash flow)
— USD 29.65 (-5.5%)
Not used: Not chosen: Free-cash-flow DCF ranks ahead of it for this company.
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FCFF (steady state)
— USD 23.23 (-25.9%)
Not used: Assumes only the long-run terminal growth rate from today, so it ignores the near-term growth expected.
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EV/EBITDA (12x)
— USD 30.60 (-2.4%)
Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
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Fade DCF (10-year growth fade)
— USD 29.43 (-6.1%)
Not used: An alternative growth path (fading over 10 years) shown for comparison; the automatic choice does not use it.
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EV/Sales (Rule of 40)
— USD 57.50 (+83.3%)
Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
| Bear USD 19.08 | -64.3% |
| Base USD 23.23 | -35.0% |
| Bull USD 30.51 | -2.8% |
Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.
Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.
Price history and fair value
No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.
More detail: quality, peers, price history, dividends and financials
Quality score: 92 / 100
Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.
| Profitability | 5 of 5 years profitable | 20 / 20 |
| Cash generation | free cash flow positive in 5 of 5 years | 20 / 20 |
| Growth | revenue +4.8% a year | 12 / 20 |
| Balance sheet | net cash | 20 / 20 |
| Margins | EBITDA margin 44% | 20 / 20 |
Peers in Industrials
Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.
| Company | Price | Margin of safety | P/E | P/B | Yield | Quality |
|---|---|---|---|---|---|---|
| CPRT (this company) | USD 31.36 | -5.8% | 20.2 | 3.3 | – | 92 |
| EZJ.L easyJet plc | GBP 6.84 | 74.5% | 10.6 | 1.5 | 1.7% | 78 |
| WAWI.OL Wallenius Wilhelmsen ASA | NOK 160.60 | 64.8% | 7.1 | 2.2 | 0.3% | 100 |
| IAG.L International Consolidated Airlines Group S.A. | GBP 4.31 | 59.5% | 7.9 | 3.4 | 1.8% | 92 |
| TPK.L Travis Perkins plc | GBP 6.45 | 55.4% | – | 0.8 | 2.1% | 46 |
| DFDS.CO DFDS A/S | DKK 153.20 | 47.3% | – | 0.6 | – | 64 |
| SRP.L Serco Group plc | GBP 2.79 | 45.8% | 19.8 | 3.3 | 1.5% | 82 |
| DG.PA VINCI SA | EUR 110.60 | 42.8% | 12.8 | 2.0 | 4.2% | 90 |
| HAFNI.OL Hafnia Limited | NOK 88.95 | 40.9% | 7.2 | 1.8 | 1.2% | 100 |
| Peer median | 9.2 | 1.9 | ||||
Trailing 12-month financials
TTM through 31 Jul 2026 · quarterly EODHD data · data downloaded 06 Nov 2026 15:03
| Revenue | USD 4,666,209,000 |
|---|---|
| EBITDA | USD 2,073,443,000 |
| EBIT | USD 1,834,977,000 |
| Net income | USD 1,484,270,000 |
| Free cash flow | USD 1,267,129,000 |
| Capital expenditures | USD 337,363,000 |
| Debt | USD 88,367,000 |
| Cash | USD 4,489,802,000 |
| Working capital | USD 4,864,453,000 |
| Shares outstanding | 956,860,000 |