---
title: Copart (CPRT) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/cprt
ticker: CPRT
as_of: 2026-10-17
sector: Industrials
industry: Specialty Business Services
---
# Copart (CPRT)

Copart (CPRT) closed at $27.87 on Oct 16, 2026, overvalued by 5% vs its model value of $26.53 (from a five-year discounted cash flow).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $27.87 (Oct 16, 2026) |
| Model value (from a five-year discounted cash flow) | $26.53 |
| Price vs model | overvalued by 5% vs model |
| Range of that model | $19.36 – $46.29 |
| Market value | $25.8B |
| P/E (fiscal 2026) | 18.0 |
| Net margin (fiscal 2026) | 31.8% |
| Free cash flow (fiscal 2026) | $1.3B |
| Dividend yield (trailing twelve months) | 0.00% |
| Beta | 1.06 |
| Cost of capital (WACC) | 9.39% |
| Business classification | Mature & Stable (Low/slowing growth (~5% recent), High profitability (32% net margin)) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Near 52-week lows | #44 | +6.1% | https://sweetvaluelab.com/lists/near-52-week-lows |
| Worst performing this year | #41 | −28.8% | https://sweetvaluelab.com/lists/worst-performing-this-year |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $26.53 | $19.36 | $46.29 |
| DCF · Perpetuity growth · 10y | cross check | $29.93 | $22.04 | $51.33 |
| DCF · EBITDA exit · 5y | cross check | $36.35 | $26.51 | $47.92 |
| DCF · EBITDA exit · 10y | cross check | $38.16 | $27.54 | $52.31 |
| P/E · peers | cross check | $53.69 | $50.24 | $59.88 |
| P/E · own history | cross check | $53.31 | $43.07 | $61.62 |
| PEG | sanity check | $12.96 | $12.96 | $12.96 |
| EV/EBITDA · peers | cross check | $30.25 | $29.14 | $33.09 |
| EV/Revenue · peers | cross check | $12.62 | $10.73 | $16.73 |
| Earnings power value | cross check | $14.00 | $12.35 | $16.28 |
| Dividend discount | cross check | $0.00 | $0.00 | $0.00 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 1 open-market sale ($845,945); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Aug 16, 2026 | STEARNS LEAH C | Chief Financial Officer | Grant / award | 12,654 | $0 |
| Aug 16, 2026 | STEARNS LEAH C | Chief Financial Officer | Grant / award | 200,000 | $0 |
| Aug 16, 2026 | Pocock Jane | President | Grant / award | 25,308 | $0 |
| Aug 16, 2026 | Pocock Jane | President | Grant / award | 500,000 | $0 |
| Aug 13, 2026 | Berger David Joel | Director | Grant / award | 24,341 | $0 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 16, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/900075/000119312526424052/d177727d8k.htm |
| Oct 16, 2026 | 8-K | 2.01 Completion of Acquisition/Disposition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/900075/000119312526423478/d129535d8k.htm |
| Sep 29, 2026 | 10-K | Annual report | https://www.sec.gov/Archives/edgar/data/900075/000119312526405731/cprt-20260731.htm |
| Sep 10, 2026 | 8-K | 1.01 Entry into a Material Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/900075/000119312526388064/d138322d8k.htm |
| Sep 10, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/900075/000119312526387902/cprt-20260910.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Akre | 2026-06-30 | 7,985,808 | $225.1M |
| Jensen | 2026-06-30 | 1,243,675 | $35.1M |
| AKO Capital | 2026-06-30 | 656,567 | $18.5M |
| David Rolfe | 2026-06-30 | 447,748 | $12.6M |

7 tracked managers in all.

## About

Copart, Inc. stands as a prominent global provider of online vehicle auctions and comprehensive vehicle remarketing services. The company extends its operations across numerous international markets, including the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. At its core, Copart enables the buying and selling of vehicles over the internet through its sophisticated "virtual bidding" online auction platform. Its extensive range of services supports the entire vehicle disposition process, encompassing aspects such as direct online access for sellers, expert salvage and general vehicle valuation, end-of-life vehicle handling, logistics and transportation management, and dedicated vehicle inspection facilities. Additional offerings include on-demand reporting, efficient title processing and exp…

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Source: https://sweetvaluelab.com/stocks/cprt (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.