Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €29.38, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Commercial Services industry in Italy. Total loss to shareholders of 28% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €43.86 per share. Announcement • Aug 18
Copart, Inc. Announces Appointment of David J. Berger to Board of Directors, Effective August 13, 2026 Copart, Inc. reported that David J. Berger has joined Copart's Board of Directors, effective August 13, 2026. Mr. Berger, 67, currently serves as a Senior Partner of Wilson Sonsini Goodrich & Rosati, P.C., a law firm, where he has practiced since 1989 and has served as a Partner for more than twenty years. His practice focuses on corporate governance, mergers and acquisitions, and shareholder activism. He has held a number of leadership positions at the firm, including service on its board of directors, as chair of its Policy Committee, and on the board of the firm’s venture capital fund. Mr. Berger has served as President of the American College of Governance Counsel since May 2023. He currently serves as a director of the Long-Term Stock Exchange, where he chairs its Nominating and Governance Committee. Since 2023, Mr. Berger has served as co-chair of the annual Rome Conference on AI, Ethics and Governance held at the Vatican as well as a director of various non-profit organizations. Mr. Berger received his J.D. from Duke University School of Law and his B.A. from Duke University. New Risk • Jul 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Jul 10
Copart, Inc. Promotes Jane Pocock to President, Effective August 1, 2026 Copart, Inc. announced that Jane Pocock has been promoted to President of Copart, effective August 1, 2026. Ms. Pocock, 55, joined Copart in January 2019 as Managing Director of Copart UK and has led one of the Company’s key international businesses through a period of significant growth and expansion. Under her leadership, Copart UK and Ireland has strengthened its operational footprint, expanded capacity, and delivered exceptional customer journeys for insurance carriers and their policyholders, commercial sellers, and Copart members. In her new role, Ms. Pocock brings proven experience pairing operational execution with technology-enabled products and services that help customers achieve better outcomes, while continuing to support the strong teams and customer relationships that have driven Copart’s success in the UK and Ireland. Ms. Pocock has paired significant growth with thoughtful, people-oriented leadership. She has helped differentiate Copart’s customer experience through technology, service quality, and strong team execution. Her promotion reflects the Company’s confidence in the UK and Ireland business and its leadership team, as well as the opportunity to extend those strengths across Copart’s global platform. Prior to joining Copart, Ms. Pocock was Chief Executive of Vans Direct. Buy Or Sell Opportunity • Jun 29
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.8% to €25.66. The fair value is estimated to be €32.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 4.6% per annum over the same time period. Buy Or Sell Opportunity • Jun 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to €26.47. The fair value is estimated to be €33.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. Reported Earnings • May 22
Third quarter 2026 earnings released: EPS: US$0.43 (vs US$0.42 in 3Q 2025) Third quarter 2026 results: EPS: US$0.43. Revenue: US$1.24b (up 2.1% from 3Q 2025). Net income: US$402.4m (down 1.0% from 3Q 2025). Profit margin: 33% (down from 34% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Commercial Services industry in Italy. Announcement • May 14
Copart, Inc. to Report Q3, 2026 Results on May 21, 2026 Copart, Inc. announced that they will report Q3, 2026 results at 4:00 PM, US Eastern Standard Time on May 21, 2026 Board Change • May 05
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. CEO & Director Jeff Liaw was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 08
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. CEO & Director Jeff Liaw was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 21
Second quarter 2026 earnings released: EPS: US$0.36 (vs US$0.40 in 2Q 2025) Second quarter 2026 results: EPS: US$0.36 (down from US$0.40 in 2Q 2025). Revenue: US$1.12b (down 3.6% from 2Q 2025). Net income: US$350.7m (down 9.5% from 2Q 2025). Profit margin: 31% (down from 33% in 2Q 2025). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Commercial Services industry in Italy. Buy Or Sell Opportunity • Feb 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to €31.27. The fair value is estimated to be €39.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period. Announcement • Feb 12
Copart, Inc. to Report Q2, 2026 Results on Feb 19, 2026 Copart, Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Feb 19, 2026 Buy Or Sell Opportunity • Dec 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to €33.10. The fair value is estimated to be €41.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period. Board Change • Dec 22
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. CEO & Director Jeff Liaw was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Dec 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to €33.62. The fair value is estimated to be €42.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period. Reported Earnings • Nov 22
First quarter 2026 earnings released: EPS: US$0.42 (vs US$0.38 in 1Q 2025) First quarter 2026 results: EPS: US$0.42 (up from US$0.38 in 1Q 2025). Revenue: US$1.16b (flat on 1Q 2025). Net income: US$403.7m (up 12% from 1Q 2025). Profit margin: 35% (up from 32% in 1Q 2025). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in Italy. Announcement • Nov 12
Copart, Inc. to Report Q1, 2026 Results on Nov 20, 2025 Copart, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Nov 20, 2025 Board Change • Oct 29
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. CEO & Director Jeff Liaw was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 27
Copart, Inc., Annual General Meeting, Dec 05, 2025 Copart, Inc., Annual General Meeting, Dec 05, 2025. Location: copart tower, 14185 dallas parkway, suite 300, texas 75254, dallas United States Board Change • Oct 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. CEO & Director Jeff Liaw was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Sep 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.9% to €40.29. The fair value is estimated to be €51.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 9.9% per annum over the same time period. Announcement • Aug 28
Copart, Inc. to Report Q4, 2025 Results on Sep 04, 2025 Copart, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Sep 04, 2025 Board Change • Jul 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. CEO & Director Jeff Liaw was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 12
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. CEO & Director Jeff Liaw was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €45.36, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 12x in the Commercial Services industry in Italy. Simply Wall St's valuation model estimates the intrinsic value at €50.17 per share. Reported Earnings • May 23
Third quarter 2025 earnings released: EPS: US$0.42 (vs US$0.40 in 3Q 2024) Third quarter 2025 results: EPS: US$0.42 (up from US$0.40 in 3Q 2024). Revenue: US$1.21b (up 7.5% from 3Q 2024). Net income: US$406.6m (up 6.4% from 3Q 2024). Profit margin: 34% (in line with 3Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Italy. Board Change • May 13
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. CEO & Director Jeff Liaw was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 13
Copart, Inc. to Report Q3, 2025 Results on May 22, 2025 Copart, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on May 22, 2025