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Upturn AI SWOT - About
CPRT 
Copart Inc (CPRT)
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Upturn Advisory Summary
04/01/2025: CPRT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 21.15% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 54.67B USD | Price to earnings Ratio 37.98 | 1Y Target Price 61.81 |
Price to earnings Ratio 37.98 | 1Y Target Price 61.81 | ||
Volume (30-day avg) 5342504 | Beta 1.3 | 52 Weeks Range 48.05 - 64.38 | Updated Date 03/31/2025 |
52 Weeks Range 48.05 - 64.38 | Updated Date 03/31/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.49 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 32.27% | Operating Margin (TTM) 36.64% |
Management Effectiveness
Return on Assets (TTM) 12.13% | Return on Equity (TTM) 19.18% |
Valuation
Trailing PE 37.98 | Forward PE 34.97 | Enterprise Value 49601972523 | Price to Sales(TTM) 12.13 |
Enterprise Value 49601972523 | Price to Sales(TTM) 12.13 | ||
Enterprise Value to Revenue 11.01 | Enterprise Value to EBITDA 26.95 | Shares Outstanding 966092992 | Shares Floating 885540125 |
Shares Outstanding 966092992 | Shares Floating 885540125 | ||
Percent Insiders 8.66 | Percent Institutions 85.04 |
Analyst Ratings
Rating 3.82 | Target Price 61.06 | Buy 3 | Strong Buy 3 |
Buy 3 | Strong Buy 3 | ||
Hold 5 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Copart Inc
Company Overview
History and Background
Copart Inc. was founded in 1982 by Willis Johnson. Initially a single salvage yard in California, it grew through acquisitions and technological innovation to become a global leader in online vehicle auctions.
Core Business Areas
- Online Auctions: Operates a global online vehicle auction platform linking buyers and sellers. Primarily handles salvage and clean title vehicles.
- Vehicle Processing: Provides vehicle processing services, including storage, inspection, and dismantling.
- Transportation Services: Offers transportation services to move vehicles between locations.
Leadership and Structure
The CEO is A. Jayson Adair. The company has a board of directors and operates with a functional organizational structure, with departments focused on operations, technology, finance, and marketing.
Top Products and Market Share
Key Offerings
- Online Vehicle Auctions (Salvage): The primary offering is the online auction platform for salvage vehicles. Copart holds a significant market share in North America and globally. Competitors include IAA, Inc. (IAA), and Ritchie Bros. Auctioneers (RBA). Market Share is estimated to be around 40% of the online vehicle auction industry.
- Online Vehicle Auctions (Clean Title): Copart expands on its auctions to clean title vehicles. This sector includes retail vehicle sales and auctioning to dealerships. Market share smaller than salvage, and competes with companies like Carvana (CVNA) and Vroom. (VRM).
Market Dynamics
Industry Overview
The vehicle remarketing industry is driven by factors such as vehicle accidents, natural disasters, insurance claims, and economic conditions. Increased digitization and online auction adoption are key trends.
Positioning
Copart is a leading player with a dominant position in the online salvage vehicle auction market. Its large network, technological platform, and strong buyer base give it a competitive edge.
Total Addressable Market (TAM)
The global vehicle remarketing market is estimated to be in the hundreds of billions of dollars. Copart's TAM is a portion of this, specifically within the salvage and clean title vehicle auction sectors. The market is growing with more vehicles on the road and increasing accident rates.
Upturn SWOT Analysis
Strengths
- Large network of locations
- Advanced online auction platform
- Strong relationships with insurance companies
- High barriers to entry
- Scalable business model
Weaknesses
- Dependence on external factors (accidents, disasters)
- Potential for fluctuations in vehicle prices
- Exposure to regulatory changes
- Sensitivity to economic cycles
Opportunities
- Expansion into new geographic markets
- Increased adoption of online auctions
- Growth in electric vehicle (EV) salvage
- Partnerships with automotive manufacturers
- Enhancing technology platform
Threats
- Increased competition from other auction platforms
- Changes in insurance industry practices
- Economic downturns
- Natural disasters
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- IAA
- RBA
Competitive Landscape
Copart has a larger network and stronger relationships with insurance companies compared to some competitors. IAA is a significant competitor in the salvage auction market. Ritchie Bros focuses on heavy equipment.
Major Acquisitions
U.S. Tow, Inc.
- Year: 2021
- Acquisition Price (USD millions): 30
- Strategic Rationale: Expanded service capabilities in vehicle transportation
Growth Trajectory and Initiatives
Historical Growth: Copart has experienced significant growth through organic expansion and acquisitions, driven by increasing online auction adoption and a growing network.
Future Projections: Analyst estimates project continued revenue and earnings growth, driven by market trends and strategic initiatives. Revenue projection next year is 4.7 Billion USD
Recent Initiatives: Recent initiatives include expansion into new markets, investments in technology, and strategic acquisitions.
Summary
Copart is a strong company with a leading position in the online vehicle auction market. Its technology platform and extensive network are key strengths. The company is exposed to economic cycles and regulatory changes but is well-positioned for continued growth. Solid Financial Performance and great industry position puts this company in the forefront of the market. The only thing the company needs to be cautious about is a major change in law that could impact the insurance industry.
Similar Companies
- IAA
- RBA
- ABG
Sources and Disclaimers
Data Sources:
- Copart Inc. SEC Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Copart Inc
Exchange NASDAQ | Headquaters Dallas, TX, United States | ||
IPO Launch date 1994-03-16 | CEO & Director Mr. Jeffrey Liaw | ||
Sector Industrials | Industry Specialty Business Services | Full time employees 13086 | Website https://www.copart.com |
Full time employees 13086 | Website https://www.copart.com | ||
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, transportation, vehicle inspection stations, on-demand reporting, title processing and express, loan payoff, flexible vehicle processing programs, buy it now, sales process, and dealer services. Its services also comprise services to sell vehicles through BluCar, CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; copart 360, a proprietary technology that captures clear 360-degree views of interiors and exteriors of cars, trucks, and vans; and membership tiers for those registering to buy vehicles through Copart.com. In addition, it provides IntelliSeller, an automated tool leveraging its vast and detailed vehicle and sales data to assist its sellers in making vital auction decisions; Purple Wave Inc., that offers wholesale construction, agriculture, and fleet remarketing services through no-reserve online auctions; non-salvage powersport vehicle remarketing services through live and online auction platforms. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public. Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas.
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