Copart Net Worth

Copart Net Worth Breakdown

  CPRT
The net worth of Copart Inc is the difference between its total assets and liabilities. Copart's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Copart's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Copart's net worth can be used as a measure of its financial health and stability which can help investors to decide if Copart is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Copart Inc stock.

Copart Net Worth Analysis

Copart's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Copart's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Copart's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Copart's net worth analysis. One common approach is to calculate Copart's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Copart's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Copart's net worth. This approach calculates the present value of Copart's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Copart's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Copart's net worth. This involves comparing Copart's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Copart's net worth relative to its peers.

Enterprise Value

2.65 Billion

To determine if Copart is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Copart's net worth research are outlined below:
Copart Inc has a strong financial position based on the latest SEC filings
Over 85.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Copart Sales Driving Share Gains

Copart Quarterly Good Will

514.48 Million

Copart uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Copart Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Copart's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
19th of February 2024
Upcoming Quarterly Report
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15th of May 2024
Next Financial Report
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31st of January 2024
Next Fiscal Quarter End
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12th of September 2024
Next Fiscal Year End
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31st of October 2023
Last Quarter Report
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31st of July 2023
Last Financial Announcement
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Know Copart's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Copart is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Copart Inc backward and forwards among themselves. Copart's institutional investor refers to the entity that pools money to purchase Copart's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Bank Of New York Mellon Corp2024-06-30
16 M
Fmr Inc2024-09-30
14.1 M
Jpmorgan Chase & Co2024-06-30
14 M
Amvescap Plc.2024-06-30
11.8 M
Norges Bank2024-06-30
10.5 M
T. Rowe Price Associates, Inc.2024-06-30
8.3 M
Northern Trust Corp2024-09-30
7.9 M
Legal & General Group Plc2024-06-30
6.9 M
Bank Of America Corp2024-06-30
6.6 M
Vanguard Group Inc2024-09-30
101.2 M
Blackrock Inc2024-06-30
69.2 M
Note, although Copart's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Copart's market capitalization trends

The company currently falls under 'Large-Cap' category with a current market capitalization of 61.19 B.

Market Cap

3.83 Billion

Project Copart's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.17  0.14 
Return On Capital Employed 0.20  0.18 
Return On Assets 0.16  0.11 
Return On Equity 0.18  0.15 
The company has Profit Margin (PM) of 0.32 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.34 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.34.
When accessing Copart's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Copart's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Copart's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Copart's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Copart Inc. Check Copart's Beneish M Score to see the likelihood of Copart's management manipulating its earnings.

Evaluate Copart's management efficiency

Copart Inc has return on total asset (ROA) of 0.1297 % which means that it generated a profit of $0.1297 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2013 %, meaning that it created $0.2013 on every $100 dollars invested by stockholders. Copart's management efficiency ratios could be used to measure how well Copart manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.14 in 2024. Return On Capital Employed is likely to drop to 0.18 in 2024. At this time, Copart's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 8.8 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 222.8 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 7.86  8.25 
Tangible Book Value Per Share 7.25  7.61 
Enterprise Value Over EBITDA 27.74  29.12 
Price Book Value Ratio 6.68  3.76 
Enterprise Value Multiple 27.74  29.12 
Price Fair Value 6.68  3.76 
Enterprise Value2.5 B2.6 B
The strategic initiatives led by Copart's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue
13.1776
Revenue
4.2 B
Quarterly Revenue Growth
0.072
Revenue Per Share
4.41
Return On Equity
0.2013
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Copart insiders, such as employees or executives, is commonly permitted as long as it does not rely on Copart's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Copart insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Copart Corporate Filings

F4
29th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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10Q
26th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
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8K
21st of November 2024
Report filed with the SEC to announce major events that shareholders should know about
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13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
Copart time-series forecasting models is one of many Copart's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Copart's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Copart Earnings per Share Projection vs Actual

Copart Corporate Management

Nigel PagetManaging UKProfile
Leah StearnsChief OfficerProfile
Gavin RenfrewInterim OfficerProfile
Steve PowersChief OfficerProfile
David KangChief OfficerProfile
Adiel AvelarManaging BrazilProfile

Additional Tools for Copart Stock Analysis

When running Copart's price analysis, check to measure Copart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Copart is operating at the current time. Most of Copart's value examination focuses on studying past and present price action to predict the probability of Copart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copart's price. Additionally, you may evaluate how the addition of Copart to your portfolios can decrease your overall portfolio volatility.