Copart, Inc. (CPRT)

NASDAQ: CPRT · IEX Real-Time Price · USD
57.92
+0.68 (1.19%)
At close: Mar 28, 2024, 4:00 PM
58.20
+0.28 (0.48%)
After-hours: Mar 28, 2024, 7:33 PM EDT

Total Valuation

Copart has a market cap or net worth of $55.03 billion. The enterprise value is $52.48 billion.

Market Cap 55.03B
Enterprise Value 52.48B

Important Dates

The next estimated earnings date is Tuesday, May 14, 2024, after market close.

Earnings Date May 14, 2024
Ex-Dividend Date n/a

Share Statistics

Copart has 961.46 million shares outstanding. The number of shares has increased by 0.99% in one year.

Shares Outstanding 961.46M
Shares Change (YoY) +0.99%
Shares Change (QoQ) +0.30%
Owned by Insiders (%) 9.21%
Owned by Institutions (%) 83.50%
Float 875.30M

Valuation Ratios

The trailing PE ratio is 41.67 and the forward PE ratio is 38.72. Copart's PEG ratio is 3.62.

PE Ratio 41.67
Forward PE 38.72
PS Ratio 13.56
Forward PS 12.49
PB Ratio 8.11
P/FCF Ratio 62.83
PEG Ratio 3.62
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 28.81, with an EV/FCF ratio of 59.92.

EV / Earnings 38.69
EV / Sales 12.93
EV / EBITDA 28.81
EV / EBIT 31.78
EV / FCF 59.92

Financial Position

The company has a current ratio of 7.13, with a Debt / Equity ratio of 0.02.

Current Ratio 7.13
Quick Ratio 6.68
Debt / Equity 0.02
Debt / EBITDA 0.06
Debt / FCF 0.13
Interest Coverage -35.11

Financial Efficiency

Return on equity (ROE) is 21.90% and return on invested capital (ROIC) is 18.34%.

Return on Equity (ROE) 21.90%
Return on Assets (ROA) 19.40%
Return on Capital (ROIC) 18.34%
Revenue Per Employee $398,038
Profits Per Employee $132,978
Employee Count 10,200
Asset Turnover 0.58
Inventory Turnover 46.18

Taxes

In the past 12 months, Copart has paid $341.91 million in taxes.

Income Tax 341.91M
Effective Tax Rate 20.13%

Stock Price Statistics

The stock price has increased by +58.45% in the last 52 weeks. The beta is 1.22, so Copart's price volatility has been higher than the market average.

Beta (1Y) 1.22
52-Week Price Change +58.45%
50-Day Moving Average 52.31
200-Day Moving Average 47.45
Relative Strength Index (RSI) 78.34
Average Volume (30 Days) 4,799,277

Short Selling Information

The latest short interest is 13.18 million, so 1.37% of the outstanding shares have been sold short.

Short Interest 13.18M
Short Previous Month 8.46M
Short % of Shares Out 1.37%
Short % of Float 1.51%
Short Ratio (days to cover) 2.10

Income Statement

In the last 12 months, Copart had revenue of $4.06 billion and earned $1.36 billion in profits. Earnings per share was $1.39.

Revenue 4.06B
Gross Profit 1.87B
Operating Income 1.58B
Pretax Income 1.70B
Net Income 1.36B
EBITDA 1.82B
EBIT 1.65B
Earnings Per Share (EPS) $1.39
Full Income Statement

Balance Sheet

The company has $2.67 billion in cash and $115.55 million in debt, giving a net cash position of $2.55 billion or $2.65 per share.

Cash & Cash Equivalents 2.67B
Total Debt 115.55M
Net Cash 2.55B
Net Cash Per Share $2.65
Equity / Book Value 6.79B
Book Value Per Share 7.06
Working Capital 3.22B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.40 billion and capital expenditures -$525.56 million, giving a free cash flow of $875.86 million.

Operating Cash Flow 1.40B
Capital Expenditures -525.56M
Free Cash Flow 875.86M
FCF Per Share $0.91
Full Cash Flow Statement

Margins

Gross margin is 46.04%, with operating and profit margins of 39.04% and 33.41%.

Gross Margin 46.04%
Operating Margin 39.04%
Pretax Margin 41.83%
Profit Margin 33.41%
EBITDA Margin 44.86%
EBIT Margin 40.67%
FCF Margin 21.57%

Dividends & Yields

Copart does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.99%
Shareholder Yield -0.99%
Earnings Yield 2.46%
FCF Yield 1.59%
Dividend Details

Analyst Forecast

The average price target for Copart is $46.75, which is -19.29% lower than the current price. The consensus rating is "Hold".

Price Target $46.75
Price Target Difference -19.29%
Analyst Consensus Hold
Analyst Count 5
Revenue Growth Forecast (5Y) 11.11%
EPS Growth Forecast (5Y) 10.95%
Stock Forecasts

Stock Splits

The last stock split was on August 22, 2023. It was a forward split with a ratio of 2:1.

Last Split Date Aug 22, 2023
Split Type Forward
Split Ratio 2:1

Scores

Copart has an Altman Z-Score of 44.86 and a Piotroski F-Score of 6.

Altman Z-Score 44.86
Piotroski F-Score 6