-0.71%
-7.60%
-12.36%
9.59%
0.74%
97.96%
159.87%
64.0064.0062.0062.0060.0060.0058.0058.0056.0056.0054.0054.0052.0052.0012/6/202412/6/202412/17/202412/17/202412/28/202412/28/20241/8/20251/8/20251/19/20251/19/20251/30/20251/30/20252/10/20252/10/20252/21/20252/21/2025
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Company Description

Copart, Inc.provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain.It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals.


The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, virtual insured exchange, transportation, vehicle inspection stations, on-demand reporting, title processing and procurement, loan payoff, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services.Its services also comprise services to sell vehicles through CashForCars.com; U-Pull-It service that allows buyer to remove valuable parts and sell the remaining parts and car body; copart 360, an online technology for posting vehicle images; membership tiers for those registering to buy vehicles through Copart.com; and virtual queue to secure a place in line while visiting one of its locations.The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public.


The company was incorporated in 1982 and is headquartered in Dallas, Texas.

Market Data

Last Price 54.26
Change Percentage -0.71%
Open 54.63
Previous Close 54.65
Market Cap ( Millions) 52420
Volume 3990197
Year High 64.38
Year Low 48.05
M A 50 57.52
M A 200 54.95

Financial Ratios

FCF Yield 1.82%
Dividend Yield 0.00%
ROE 18.96%
Debt / Equity 1.48%
Net Debt / EBIDTA -213.20%
Price To Book 6.92
Price Earnings Ratio 39.26
Price To FCF 55.02
Price To sales 12.54
EV / EBITDA 30.43

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Service

Expected Growth : 8 %

What the company do ?

Copart, Inc. offers an online car auction platform, allowing members to bid on salvage and clean title vehicles from various sources, including insurance companies, dealerships, and charitable organizations.

Why we expect these perspectives ?

Copart's service growth is driven by increasing adoption of online car auctions, expansion into new markets, and growing demand for salvage vehicle remarketing services. Additionally, strategic acquisitions, investments in technology, and a strong brand reputation contribute to the company's growth momentum.

Segment nΒ°2 -> Vehicle

Expected Growth : 12 %

What the company do ?

Copart, Inc. is an online vehicle auction company that sells clean and damaged vehicles to licensed dismantlers, dealers, and exporters, providing a platform for buyers to purchase vehicles at discounted prices.

Why we expect these perspectives ?

Copart's 12% growth in vehicle sales is driven by increasing demand for online car auctions, expansion into new markets, and strategic partnerships. Additionally, the company's focus on technology innovation, such as AI-powered vehicle inspections, has improved operational efficiency and enhanced the customer experience, leading to higher sales volumes and revenue growth.

Copart, Inc. Products

Product Range What is it ?
Salvage Vehicle Auctions Copart's core business, offering a platform for insurance companies, dealerships, and the general public to buy and sell salvage and clean title vehicles.
Clean Title Vehicle Auctions A platform for buying and selling clean title vehicles, including cars, trucks, motorcycles, and other vehicles.
Copart Direct A platform allowing sellers to list their vehicles for sale directly to Copart, bypassing the auction process.
Crash Repair Services A service offering repair estimates and repair services for vehicles that have been in an accident.
Diagnostics and Inspection Services A service offering vehicle inspections and diagnostics to identify damage and needed repairs.
Vehicle Storage and Impound Services A service offering secure storage and impound services for vehicles.

Copart, Inc.'s Porter Forces

Copart, Inc. has a low threat of substitutes due to its unique business model of online car auctions, which provides a convenient and cost-effective way for buyers to purchase vehicles.

Copart, Inc. has a medium bargaining power of customers due to the presence of multiple buyers in the market, but the company's strong brand reputation and wide range of vehicle offerings help to mitigate this power.

Copart, Inc. has a low bargaining power of suppliers due to its ability to source vehicles from a wide range of suppliers, including dealerships, rental car companies, and salvage yards.

Copart, Inc. has a high threat of new entrants due to the relatively low barriers to entry in the online car auction market, which could lead to increased competition and pricing pressure.

Copart, Inc. operates in a moderately competitive market, with several established players, but the company's strong brand reputation and large inventory of vehicles help to differentiate it from competitors.

Capital Structure

Value
Debt Weight 1.97%
Debt Cost 10.05%
Equity Weight 98.03%
Equity Cost 10.05%
WACC 10.05%
Leverage 2.01%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

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Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
54.26$
Current Price
54.26$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

ValueQualityYieldMomentumVolatilityGrowth
Company A-Score: 4.80Peer Group Average: 4.50Leader: 6.30

Peers Group Analysis

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