Copart Price To Earning vs. Gross Profit

CPRT Stock  USD 62.35  0.83  1.35%   
Based on Copart's profitability indicators, Copart Inc may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Copart's ability to earn profits and add value for shareholders. At this time, Copart's Price To Sales Ratio is comparatively stable compared to the past year. Days Sales Outstanding is likely to gain to 85.44 in 2024, whereas Operating Cash Flow Sales Ratio is likely to drop 0.21 in 2024. At this time, Copart's Change To Netincome is comparatively stable compared to the past year. Net Income Per Share is likely to gain to 1.49 in 2024, whereas Interest Income is likely to drop slightly above 1.2 M in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.340.4577
Way Down
Pretty Stable
Net Profit Margin0.340.3217
Notably Up
Slightly volatile
Operating Profit Margin0.230.371
Way Down
Slightly volatile
Pretax Profit Margin0.240.4047
Way Down
Slightly volatile
Return On Assets0.110.1617
Way Down
Slightly volatile
Return On Equity0.150.1812
Significantly Down
Very volatile
For Copart profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Copart to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Copart Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Copart's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Copart Inc over time as well as its relative position and ranking within its peers.
  

Copart's Revenue Breakdown by Earning Segment

Check out Trending Equities.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Copart. If investors know Copart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Copart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Earnings Share
1.43
Revenue Per Share
4.41
Quarterly Revenue Growth
0.072
Return On Assets
0.1297
The market value of Copart Inc is measured differently than its book value, which is the value of Copart that is recorded on the company's balance sheet. Investors also form their own opinion of Copart's value that differs from its market value or its book value, called intrinsic value, which is Copart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Copart's market value can be influenced by many factors that don't directly affect Copart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Copart's value and its price as these two are different measures arrived at by different means. Investors typically determine if Copart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Copart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Copart Inc Gross Profit vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Copart's current stock value. Our valuation model uses many indicators to compare Copart value to that of its competitors to determine the firm's financial worth.
Copart Inc is rated fourth in price to earning category among its peers. It is rated second in gross profit category among its peers fabricating about  60,970,675  of Gross Profit per Price To Earning. At this time, Copart's Gross Profit is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Copart by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Copart Gross Profit vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Copart

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
29.02 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Copart

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
1.77 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Copart Gross Profit Comparison

Copart is currently under evaluation in gross profit category among its peers.

Copart Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Copart, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Copart will eventually generate negative long term returns. The profitability progress is the general direction of Copart's change in net profit over the period of time. It can combine multiple indicators of Copart, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-143 M-135.8 M
Operating Income1.6 B1.7 B
Income Before Tax1.7 B1.8 B
Total Other Income Expense Net142.6 M149.7 M
Net Income1.4 B1.4 B
Income Tax Expense352.3 M369.9 M
Net Income Applicable To Common Shares1.4 B1.5 B
Net Income From Continuing Ops1.4 B1.4 B
Non Operating Income Net Other-15.6 M-14.8 M
Interest Income1.2 M1.2 M
Net Interest Income145.7 M153 M
Change To Netincome63.3 M66.5 M
Net Income Per Share 1.42  1.49 
Income Quality 1.08  1.43 
Net Income Per E B T 0.79  0.54 

Copart Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Copart. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Copart position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Copart's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Copart without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Theme Ratings Now

   

Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Use Investing Themes to Complement your Copart position

In addition to having Copart in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Outsourcing Thematic Idea Now

Outsourcing
Outsourcing Theme
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Outsourcing Theme or any other thematic opportunities.
View All  Next Launch

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.