COPART INC (CPRT) Stock Fundamental Analysis
NASDAQ:CPRT - Nasdaq - US2172041061 - Common Stock - Currency: USD
Overall CPRT gets a fundamental rating of 7 out of 10. We evaluated CPRT against 83 industry peers in the Commercial Services & Supplies industry. CPRT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CPRT is quite expensive at the moment. It does show a decent growth rate. These ratings would make CPRT suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year CPRT was profitable.
In the past year CPRT had a positive cash flow from operations.
Each year in the past 5 years CPRT has been profitable.
Each year in the past 5 years CPRT had a positive operating cash flow.
1.2 Ratios
CPRT's Return On Assets of 15.83% is amongst the best of the industry. CPRT outperforms 93.98% of its industry peers.
CPRT has a Return On Equity of 17.52%. This is amongst the best in the industry. CPRT outperforms 80.72% of its industry peers.
CPRT's Return On Invested Capital of 15.14% is amongst the best of the industry. CPRT outperforms 86.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CPRT is significantly above the industry average of 10.77%.
The 3 year average ROIC (19.14%) for CPRT is well above the current ROIC(15.14%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.83% | ||
| ROE | 17.52% | ||
| ROIC | 15.14% |
ROA(3y)18.36%
ROA(5y)19.17%
ROE(3y)20.79%
ROE(5y)23.4%
ROIC(3y)19.15%
ROIC(5y)20.04%
1.3 Margins
CPRT has a Profit Margin of 32.27%. This is amongst the best in the industry. CPRT outperforms 97.59% of its industry peers.
CPRT's Profit Margin has improved in the last couple of years.
CPRT has a better Operating Margin (36.16%) than 98.80% of its industry peers.
In the last couple of years the Operating Margin of CPRT has remained more or less at the same level.
CPRT has a better Gross Margin (44.75%) than 77.11% of its industry peers.
In the last couple of years the Gross Margin of CPRT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.16% | ||
| PM (TTM) | 32.27% | ||
| GM | 44.75% |
OM growth 3Y-4.2%
OM growth 5Y1.12%
PM growth 3Y-2.57%
PM growth 5Y2.11%
GM growth 3Y-3.25%
GM growth 5Y0.69%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CPRT is creating value.
CPRT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CPRT has been increased compared to 5 years ago.
There is no outstanding debt for CPRT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 41.79 indicates that CPRT is not in any danger for bankruptcy at the moment.
CPRT has a Altman-Z score of 41.79. This is amongst the best in the industry. CPRT outperforms 100.00% of its industry peers.
There is no outstanding debt for CPRT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 41.79 |
ROIC/WACC1.69
WACC8.98%
2.3 Liquidity
A Current Ratio of 7.89 indicates that CPRT has no problem at all paying its short term obligations.
CPRT has a Current ratio of 7.89. This is amongst the best in the industry. CPRT outperforms 97.59% of its industry peers.
CPRT has a Quick Ratio of 7.79. This indicates that CPRT is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of CPRT (7.79) is better than 97.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.89 | ||
| Quick Ratio | 7.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.76% over the past year.
The Earnings Per Share has been growing slightly by 4.32% on average over the past years.
The Revenue has grown by 11.00% in the past year. This is quite good.
Measured over the past years, CPRT shows a quite strong growth in Revenue. The Revenue has been growing by 15.72% on average per year.
EPS 1Y (TTM)8.76%
EPS 3Y-9.17%
EPS 5Y4.32%
EPS Q2Q%21.21%
Revenue 1Y (TTM)11%
Revenue growth 3Y16.31%
Revenue growth 5Y15.72%
Sales Q2Q%14.03%
3.2 Future
The Earnings Per Share is expected to grow by 11.98% on average over the next years. This is quite good.
The Revenue is expected to grow by 11.53% on average over the next years. This is quite good.
EPS Next Y15.67%
EPS Next 2Y14.47%
EPS Next 3Y14.92%
EPS Next 5Y11.98%
Revenue Next Year10.75%
Revenue Next 2Y9.99%
Revenue Next 3Y11.01%
Revenue Next 5Y11.53%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 40.05 indicates a quite expensive valuation of CPRT.
CPRT's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 28.29. CPRT is valued slightly more expensive when compared to this.
CPRT is valuated quite expensively with a Price/Forward Earnings ratio of 32.77.
The rest of the industry has a similar Price/Forward Earnings ratio as CPRT.
The average S&P500 Price/Forward Earnings ratio is at 21.08. CPRT is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.05 | ||
| Fwd PE | 32.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPRT is valued a bit more expensive than the industry average as 65.06% of the companies are valued more cheaply.
CPRT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.7 | ||
| EV/EBITDA | 29.02 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CPRT has an outstanding profitability rating, which may justify a higher PE ratio.
CPRT's earnings are expected to grow with 14.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.56
PEG (5Y)9.27
EPS Next 2Y14.47%
EPS Next 3Y14.92%
5. Dividend
5.1 Amount
CPRT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
59.68
+0.24 (+0.4%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners84.69%
Inst Owner Change0.13%
Ins Owners8.68%
Ins Owner Change0%
Market Cap57.66B
Analysts77.65
Price Target63.75 (6.82%)
Short Float %1.23%
Short Ratio2.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.36%
Min EPS beat(2)-0.98%
Max EPS beat(2)5.7%
EPS beat(4)1
Avg EPS beat(4)-1.76%
Min EPS beat(4)-10.92%
Max EPS beat(4)5.7%
EPS beat(8)4
Avg EPS beat(8)0.24%
EPS beat(12)7
Avg EPS beat(12)-0.31%
EPS beat(16)11
Avg EPS beat(16)2.79%
Revenue beat(2)2
Avg Revenue beat(2)1.51%
Min Revenue beat(2)0.81%
Max Revenue beat(2)2.21%
Revenue beat(4)3
Avg Revenue beat(4)-0.01%
Min Revenue beat(4)-3.08%
Max Revenue beat(4)2.21%
Revenue beat(8)5
Avg Revenue beat(8)-0.09%
Revenue beat(12)7
Avg Revenue beat(12)0.13%
Revenue beat(16)11
Avg Revenue beat(16)2.1%
PT rev (1m)0%
PT rev (3m)1.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.19%
EPS NY rev (1m)0.89%
EPS NY rev (3m)1.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.48%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.05 | ||
| Fwd PE | 32.77 | ||
| P/S | 12.79 | ||
| P/FCF | 56.7 | ||
| P/OCF | 36.13 | ||
| P/B | 6.95 | ||
| P/tB | 7.47 | ||
| EV/EBITDA | 29.02 |
EPS(TTM)1.49
EY2.5%
EPS(NY)1.82
Fwd EY3.05%
FCF(TTM)1.05
FCFY1.76%
OCF(TTM)1.65
OCFY2.77%
SpS4.66
BVpS8.59
TBVpS7.99
PEG (NY)2.56
PEG (5Y)9.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.83% | ||
| ROE | 17.52% | ||
| ROCE | 19.04% | ||
| ROIC | 15.14% | ||
| ROICexc | 27.23% | ||
| ROICexgc | 30.99% | ||
| OM | 36.16% | ||
| PM (TTM) | 32.27% | ||
| GM | 44.75% | ||
| FCFM | 22.56% |
ROA(3y)18.36%
ROA(5y)19.17%
ROE(3y)20.79%
ROE(5y)23.4%
ROIC(3y)19.15%
ROIC(5y)20.04%
ROICexc(3y)30.14%
ROICexc(5y)28.88%
ROICexgc(3y)50.08%
ROICexgc(5y)42.59%
ROCE(3y)24.07%
ROCE(5y)25.2%
ROICexcg growth 3Y-0.59%
ROICexcg growth 5Y-0.42%
ROICexc growth 3Y-0.76%
ROICexc growth 5Y0.83%
OM growth 3Y-4.2%
OM growth 5Y1.12%
PM growth 3Y-2.57%
PM growth 5Y2.11%
GM growth 3Y-3.25%
GM growth 5Y0.69%
F-Score5
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 274.59% | ||
| Cap/Sales | 12.85% | ||
| Interest Coverage | 661.79 | ||
| Cash Conversion | 86.72% | ||
| Profit Quality | 69.92% | ||
| Current Ratio | 7.89 | ||
| Quick Ratio | 7.79 | ||
| Altman-Z | 41.79 |
F-Score5
WACC8.98%
ROIC/WACC1.69
Cap/Depr(3y)278.53%
Cap/Depr(5y)355.91%
Cap/Sales(3y)11.68%
Cap/Sales(5y)15.82%
Profit Quality(3y)72%
Profit Quality(5y)63.79%
High Growth Momentum
Growth
EPS 1Y (TTM)8.76%
EPS 3Y-9.17%
EPS 5Y4.32%
EPS Q2Q%21.21%
EPS Next Y15.67%
EPS Next 2Y14.47%
EPS Next 3Y14.92%
EPS Next 5Y11.98%
Revenue 1Y (TTM)11%
Revenue growth 3Y16.31%
Revenue growth 5Y15.72%
Sales Q2Q%14.03%
Revenue Next Year10.75%
Revenue Next 2Y9.99%
Revenue Next 3Y11.01%
Revenue Next 5Y11.53%
EBIT growth 1Y2.81%
EBIT growth 3Y11.42%
EBIT growth 5Y17.02%
EBIT Next Year19.63%
EBIT Next 3Y16.44%
EBIT Next 5Y13.88%
FCF growth 1Y28.39%
FCF growth 3Y22.13%
FCF growth 5Y28.66%
OCF growth 1Y29.75%
OCF growth 3Y14.12%
OCF growth 5Y17.89%