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Copart (STU:CO6) Cyclically Adjusted Revenue per Share : €2.66 (As of Apr. 2024)


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What is Copart Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Copart's adjusted revenue per share for the three months ended in Apr. 2024 was €1.076. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €2.66 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Copart's average Cyclically Adjusted Revenue Growth Rate was 14.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 15.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Copart was 19.40% per year. The lowest was 12.40% per year. And the median was 15.20% per year.

As of today (2024-05-29), Copart's current stock price is €48.63. Copart's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was €2.66. Copart's Cyclically Adjusted PS Ratio of today is 18.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Copart was 22.06. The lowest was 5.18. And the median was 12.30.


Copart Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Copart's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Copart Cyclically Adjusted Revenue per Share Chart

Copart Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.22 1.47 2.08 2.29

Copart Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.15 2.29 2.42 2.52 2.66

Competitive Comparison of Copart's Cyclically Adjusted Revenue per Share

For the Specialty Business Services subindustry, Copart's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Copart's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Copart's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Copart's Cyclically Adjusted PS Ratio falls into.



Copart Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Copart's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1.076/131.7762*131.7762
=1.076

Current CPI (Apr. 2024) = 131.7762.

Copart Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 0.202 100.520 0.265
201410 0.218 100.176 0.287
201501 0.225 98.604 0.301
201504 0.260 99.824 0.343
201507 0.246 100.691 0.322
201510 0.253 100.346 0.332
201601 0.277 99.957 0.365
201604 0.324 100.947 0.423
201607 0.326 101.524 0.423
201610 0.330 101.988 0.426
201701 0.349 102.456 0.449
201704 0.368 103.167 0.470
201707 0.345 103.278 0.440
201710 0.373 104.070 0.472
201801 0.390 104.578 0.491
201804 0.401 105.708 0.500
201807 0.393 106.324 0.487
201810 0.410 106.695 0.506
201901 0.441 106.200 0.547
201904 0.517 107.818 0.632
201907 0.508 108.250 0.618
201910 0.525 108.577 0.637
202001 0.543 108.841 0.657
202004 0.531 108.173 0.647
202007 0.479 109.318 0.577
202010 0.525 109.861 0.630
202101 0.527 110.364 0.629
202104 0.639 112.673 0.747
202107 0.658 115.183 0.753
202110 0.724 116.696 0.818
202201 0.795 118.619 0.883
202204 0.904 121.978 0.977
202207 0.902 125.002 0.951
202210 0.940 125.734 0.985
202301 0.920 126.223 0.960
202304 0.963 127.992 0.991
202307 0.929 128.974 0.949
202310 0.994 129.810 1.009
202401 0.961 130.124 0.973
202404 1.076 131.776 1.076

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Copart  (STU:CO6) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Copart's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=48.63/2.66
=18.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Copart was 22.06. The lowest was 5.18. And the median was 12.30.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Copart Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Copart's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Copart (STU:CO6) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Copart Inc (STU:CO6) » Definitions » Cyclically Adjusted Revenue per Share
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Address
14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254
Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.

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