Copart Valuation

Q: What is the Fair Price of CPRT * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CPRT * (MX$1283) is trading above our estimate of [[fair value]] (MX$982)

Is CPRT * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CPRT * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CPRT * (MX$1283) is trading above our estimate of fair value (MX$982)

Significantly Below Fair Value: CPRT * is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CPRT *?

Key metric: As CPRT * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CPRT *. This is calculated by dividing CPRT *'s market cap by their current earnings.
What is CPRT *'s PE Ratio?
PE Ratio	43.4x
Earnings	US$1.39b
Market Cap	US$60.40b

CPRT * key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	13x
Enterprise Value/EBITDA	32x
PEG Ratio	4x

Price to Earnings Ratio vs Peers

How does CPRT *'s PE Ratio compare to its peers?

The above table shows the PE ratio for CPRT * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	38.4x
CTAS Cintas	54.8x	8.4%	US$89.4b
BXB Brambles	22.2x	7.3%	AU$26.6b
EFN Element Fleet Management	23.5x	14.5%	CA$12.0b
RBA RB Global	53x	18.8%	US$18.0b
CPRT * Copart	43.4x	10.9%	Mex$60.4b

Price-To-Earnings vs Peers: CPRT * is expensive based on its Price-To-Earnings Ratio (43.4x) compared to the peer average (38.4x).

Price to Earnings Ratio vs Industry

How does CPRT *'s PE Ratio compare vs other companies in the Global Commercial Services Industry?

20 Companies	Price / Earnings	Estimated Growth	Market Cap

20 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CPRT * is expensive based on its Price-To-Earnings Ratio (43.4x) compared to the Global Commercial Services industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is CPRT *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CPRT * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	43.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CPRT *'s Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CPRT * forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	Mex$1,283.00	Mex$1,213.76 -5.4%	9.3%	Mex$1,351.73	Mex$1,044.52	n/a	8
Nov ’25	Mex$1,050.00	Mex$1,088.03 +3.6%	8.6%	Mex$1,223.73	Mex$971.22	n/a	8
Oct ’25	n/a	Mex$1,136.83 0%	7.9%	Mex$1,255.59	Mex$996.50	n/a	8
Sep ’25	Mex$1,047.00	Mex$1,053.77 +0.6%	9.4%	Mex$1,192.95	Mex$917.66	n/a	8
Aug ’25	Mex$975.00	Mex$1,053.77 +8.1%	9.4%	Mex$1,192.95	Mex$917.66	n/a	8
Jul ’25	Mex$997.11	Mex$1,053.77 +5.7%	9.4%	Mex$1,192.95	Mex$917.66	n/a	8
Jun ’25	Mex$891.66	Mex$952.54 +6.8%	9.3%	Mex$1,079.18	Mex$830.14	n/a	8
May ’25	Mex$933.00	Mex$897.43 -3.8%	7.0%	Mex$963.58	Mex$767.86	n/a	9
Apr ’25	n/a	Mex$927.29 0%	8.0%	Mex$1,003.76	Mex$799.87	n/a	9
Mar ’25	Mex$908.00	Mex$927.29 +2.1%	8.0%	Mex$1,003.76	Mex$799.87	n/a	9
Feb ’25	Mex$836.55	Mex$898.16 +7.4%	12.3%	Mex$999.44	Mex$673.76	n/a	9
Jan ’25	n/a	Mex$893.50 0%	12.4%	Mex$1,007.05	Mex$678.89	n/a	10
Dec ’24	Mex$863.50	Mex$885.50 +2.5%	13.1%	Mex$997.05	Mex$672.15	n/a	9
Nov ’24	Mex$778.90	Mex$860.79 +10.5%	10.9%	Mex$967.02	Mex$713.40	Mex$1,050.00	9
Oct ’24	Mex$765.00	Mex$818.84 +7.0%	10.7%	Mex$907.68	Mex$667.92	n/a	8
Sep ’24	Mex$750.00	Mex$760.37 +1.4%	8.8%	Mex$890.05	Mex$654.94	Mex$1,047.00	9
Aug ’24	Mex$744.50	Mex$767.11 +3.0%	8.8%	Mex$891.66	Mex$653.88	Mex$975.00	9
Jul ’24	Mex$766.72	Mex$752.94 -1.8%	9.7%	Mex$817.48	Mex$602.35	Mex$997.11	8
Jun ’24	Mex$757.98	Mex$789.91 +4.2%	9.0%	Mex$843.16	Mex$621.27	Mex$891.66	7
May ’24	Mex$708.00	Mex$718.42 +1.5%	7.3%	Mex$815.75	Mex$627.50	Mex$933.00	7
Apr ’24	Mex$666.78	Mex$718.46 +7.8%	7.3%	Mex$823.68	Mex$633.60	n/a	8
Mar ’24	Mex$636.50	Mex$718.46 +12.9%	7.3%	Mex$823.68	Mex$633.60	Mex$908.00	8
Feb ’24	Mex$625.00	Mex$708.00 +13.3%	9.3%	Mex$857.61	Mex$603.15	Mex$836.55	8
Jan ’24	Mex$583.53	Mex$728.83 +24.9%	9.4%	Mex$888.76	Mex$625.06	n/a	8
Dec ’23	n/a	Mex$733.60 0%	8.5%	Mex$889.36	Mex$659.69	Mex$863.50	8
Nov ’23	Mex$564.28	Mex$733.74 +30.0%	11.1%	Mex$903.06	Mex$650.01	Mex$778.90	8

Analyst Forecast: Target price is lower than the current share price.