COPART INC (CPRT) Stock Fundamental Analysis
USA - NASDAQ:CPRT - US2172041061 - Common Stock
47.6 USD
-0.8 (-1.65%)
47.6 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to CPRT. CPRT was compared to 84 industry peers in the Commercial Services & Supplies industry. Both the health and profitability get an excellent rating, making CPRT a very profitable company, without any liquidiy or solvency issues. CPRT is valied quite expensively at the moment, while it does show a decent growth rate. With these ratings, CPRT could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
CPRT had positive earnings in the past year.
In the past year CPRT had a positive cash flow from operations.
CPRT had positive earnings in each of the past 5 years.
CPRT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 15.38%, CPRT belongs to the best of the industry, outperforming 94.05% of the companies in the same industry.
CPRT has a Return On Equity of 16.90%. This is amongst the best in the industry. CPRT outperforms 82.14% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.53%, CPRT belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CPRT is significantly above the industry average of 10.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.38% | ||
| ROE | 16.9% | ||
| ROIC | 14.53% |
ROA(3y)16.64%
ROA(5y)18.2%
ROE(3y)18.56%
ROE(5y)21.16%
ROIC(3y)16.65%
ROIC(5y)18.96%
1.3 Margins
Looking at the Profit Margin, with a value of 33.41%, CPRT belongs to the top of the industry, outperforming 96.43% of the companies in the same industry.
CPRT's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 36.51%, CPRT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
CPRT's Operating Margin has been stable in the last couple of years.
CPRT has a better Gross Margin (45.18%) than 79.76% of its industry peers.
CPRT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.51% | ||
| PM (TTM) | 33.41% | ||
| GM | 45.18% |
OM growth 3Y-2.4%
OM growth 5Y-0.27%
PM growth 3Y2.37%
PM growth 5Y1.03%
GM growth 3Y-0.82%
GM growth 5Y-0.38%
2. Health
2.1 Basic Checks
CPRT has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, CPRT has more shares outstanding
The number of shares outstanding for CPRT has been increased compared to 5 years ago.
CPRT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
CPRT has an Altman-Z score of 33.81. This indicates that CPRT is financially healthy and has little risk of bankruptcy at the moment.
CPRT's Altman-Z score of 33.81 is amongst the best of the industry. CPRT outperforms 96.43% 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 | 33.81 |
ROIC/WACC1.67
WACC8.7%
2.3 Liquidity
CPRT has a Current Ratio of 8.42. This indicates that CPRT is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 8.42, CPRT belongs to the best of the industry, outperforming 96.43% of the companies in the same industry.
CPRT has a Quick Ratio of 8.36. This indicates that CPRT is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 8.36, CPRT belongs to the best of the industry, outperforming 96.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.42 | ||
| Quick Ratio | 8.36 |
3. Growth
3.1 Past
CPRT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.11%, which is quite good.
Measured over the past 5 years, CPRT shows a small growth in Earnings Per Share. The EPS has been growing by 4.48% on average per year.
CPRT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.68%.
CPRT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.07% yearly.
EPS 1Y (TTM)15.11%
EPS 3Y4.93%
EPS 5Y4.48%
EPS Q2Q%24.24%
Revenue 1Y (TTM)9.68%
Revenue growth 3Y9.9%
Revenue growth 5Y16.07%
Sales Q2Q%5.25%
3.2 Future
The Earnings Per Share is expected to grow by 11.22% on average over the next years. This is quite good.
CPRT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.74% yearly.
EPS Next Y10.15%
EPS Next 2Y11.51%
EPS Next 3Y12.27%
EPS Next 5Y11.22%
Revenue Next Year4.87%
Revenue Next 2Y6.27%
Revenue Next 3Y10.93%
Revenue Next 5Y10.74%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 29.75, CPRT can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of CPRT is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.27, CPRT is valued at the same level.
The Price/Forward Earnings ratio is 27.01, which means the current valuation is very expensive for CPRT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CPRT is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.77. CPRT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.75 | ||
| Fwd PE | 27.01 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CPRT.
CPRT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.4 | ||
| EV/EBITDA | 20.89 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CPRT does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of CPRT may justify a higher PE ratio.
A more expensive valuation may be justified as CPRT's earnings are expected to grow with 12.27% in the coming years.
PEG (NY)2.93
PEG (5Y)6.64
EPS Next 2Y11.51%
EPS Next 3Y12.27%
5. Dividend
5.1 Amount
CPRT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
47.6
-0.8 (-1.65%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners86.64%
Inst Owner Change-0.84%
Ins Owners8.65%
Ins Owner Change0.68%
Market Cap46.03B
Analysts77.78
Price Target58.79 (23.51%)
Short Float %3.25%
Short Ratio4.41
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)5.11%
Min EPS beat(2)-1.18%
Max EPS beat(2)11.39%
EPS beat(4)2
Avg EPS beat(4)3.73%
Min EPS beat(4)-1.18%
Max EPS beat(4)11.39%
EPS beat(8)3
Avg EPS beat(8)-0.12%
EPS beat(12)6
Avg EPS beat(12)0.43%
EPS beat(16)10
Avg EPS beat(16)0.67%
Revenue beat(2)0
Avg Revenue beat(2)-3.07%
Min Revenue beat(2)-3.29%
Max Revenue beat(2)-2.84%
Revenue beat(4)2
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-3.29%
Max Revenue beat(4)2.21%
Revenue beat(8)4
Avg Revenue beat(8)-0.99%
Revenue beat(12)6
Avg Revenue beat(12)-0.71%
Revenue beat(16)9
Avg Revenue beat(16)0.47%
PT rev (1m)-2.67%
PT rev (3m)-7.42%
EPS NQ rev (1m)-3.03%
EPS NQ rev (3m)-8.56%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.23%
Revenue NQ rev (1m)-3.78%
Revenue NQ rev (3m)-5.9%
Revenue NY rev (1m)-3.38%
Revenue NY rev (3m)-3.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.75 | ||
| Fwd PE | 27.01 | ||
| P/S | 9.9 | ||
| P/FCF | 37.4 | ||
| P/OCF | 25.57 | ||
| P/B | 5.01 | ||
| P/tB | 5.35 | ||
| EV/EBITDA | 20.89 |
EPS(TTM)1.6
EY3.36%
EPS(NY)1.76
Fwd EY3.7%
FCF(TTM)1.27
FCFY2.67%
OCF(TTM)1.86
OCFY3.91%
SpS4.81
BVpS9.5
TBVpS8.9
PEG (NY)2.93
PEG (5Y)6.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.38% | ||
| ROE | 16.9% | ||
| ROCE | 18.04% | ||
| ROIC | 14.53% | ||
| ROICexc | 29.6% | ||
| ROICexgc | 33.85% | ||
| OM | 36.51% | ||
| PM (TTM) | 33.41% | ||
| GM | 45.18% | ||
| FCFM | 26.49% |
ROA(3y)16.64%
ROA(5y)18.2%
ROE(3y)18.56%
ROE(5y)21.16%
ROIC(3y)16.65%
ROIC(5y)18.96%
ROICexc(3y)29.8%
ROICexc(5y)30.16%
ROICexgc(3y)49.81%
ROICexgc(5y)44.01%
ROCE(3y)20.67%
ROCE(5y)23.54%
ROICexcg growth 3Y-2.56%
ROICexcg growth 5Y2.8%
ROICexc growth 3Y-2.36%
ROICexc growth 5Y3.37%
OM growth 3Y-2.4%
OM growth 5Y-0.27%
PM growth 3Y2.37%
PM growth 5Y1.03%
GM growth 3Y-0.82%
GM growth 5Y-0.38%
F-Score6
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 261.26% | ||
| Cap/Sales | 12.24% | ||
| Interest Coverage | 840.37 | ||
| Cash Conversion | 94.01% | ||
| Profit Quality | 79.28% | ||
| Current Ratio | 8.42 | ||
| Quick Ratio | 8.36 | ||
| Altman-Z | 33.81 |
F-Score6
WACC8.7%
ROIC/WACC1.67
Cap/Depr(3y)284.46%
Cap/Depr(5y)294.6%
Cap/Sales(3y)12.55%
Cap/Sales(5y)12.9%
Profit Quality(3y)72.77%
Profit Quality(5y)70.33%
High Growth Momentum
Growth
EPS 1Y (TTM)15.11%
EPS 3Y4.93%
EPS 5Y4.48%
EPS Q2Q%24.24%
EPS Next Y10.15%
EPS Next 2Y11.51%
EPS Next 3Y12.27%
EPS Next 5Y11.22%
Revenue 1Y (TTM)9.68%
Revenue growth 3Y9.9%
Revenue growth 5Y16.07%
Sales Q2Q%5.25%
Revenue Next Year4.87%
Revenue Next 2Y6.27%
Revenue Next 3Y10.93%
Revenue Next 5Y10.74%
EBIT growth 1Y7.93%
EBIT growth 3Y7.26%
EBIT growth 5Y15.76%
EBIT Next Year27.23%
EBIT Next 3Y19.4%
EBIT Next 5Y16.52%
FCF growth 1Y27.99%
FCF growth 3Y13.61%
FCF growth 5Y30.44%
OCF growth 1Y22.22%
OCF growth 3Y15.22%
OCF growth 5Y14.42%