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Copart (Copart) Net Cash per Share

: $1.93 (As of Jan. 2024)
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Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Copart's Net Cash per Share for the quarter that ended in Jan. 2024 was $1.93.

The historical rank and industry rank for Copart's Net Cash per Share or its related term are showing as below:

CPRT' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 24.45   Med: 34.23   Max: 1837.5
Current: 27.4

During the past 13 years, the highest Price-to-Net-Cash Ratio of Copart was 1837.50. The lowest was 24.45. And the median was 34.23.

CPRT's Price-to-Net-Cash is ranked worse than
82.68% of 254 companies
in the Business Services industry
Industry Median: 7.635 vs CPRT: 27.40

Copart Net Cash per Share Historical Data

The historical data trend for Copart's Net Cash 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 Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Cash per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.63 -0.52 0.02 0.74 1.69

Copart Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Cash per Share 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 Premium Member Only Premium Member Only Premium Member Only 0.99 1.42 1.69 1.78 1.93

Competitive Comparison

For the Specialty Business Services subindustry, Copart's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution

For the Business Services industry and Industrials sector, Copart's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Copart's Price-to-Net-Cash falls into.



Copart Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Copart's Net Cash per Share for the fiscal year that ended in Jul. 2023 is calculated as

Net Cash per Share (A: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2363.984-750.439-0)/957.344
=1.69

Copart's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2668.07-785.806-25.114)/961.312
=1.93

* 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.


Copart  (NAS:CPRT) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Copart Net Cash per Share Related Terms

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


Copart (Copart) Business Description

Traded in Other Exchanges
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.
Executives
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Willis J Johnson director, 10 percent owner, officer: Chairman of the Board
Stephen Fisher director C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE X1 95125
Matt Blunt director C/O COPART, INC., 4665 BUSINESS CENTER DRIVE, FAIRFIELD CA 94534
A Jayson Adair director, officer: Chief Executive Officer
Steven D Cohan director
James E Meeks director
Thomas N Tryforos director 323 RAILROAD AVE, GREENWICH CT 06830
Leah C Stearns officer: Chief Financial Officer C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Diane M Morefield director 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Carl Sparks director 4315 NORTHAVEN ROAD, DALLAS TX 75229
Jeffrey Liaw officer: Chief Financial Officer 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Cherylyn Harley Lebon director C/O COPART, INC., 14185 DALLAS PARKWAY, SUITE 300, DALLAS TX 75254
John F North officer: Chief Financial Officer 150 N. BARTLETT STREET, MEDFORD OR 97501
William E Franklin officer: Executive Vice President 3399 PEACHTREE RD NE STE 700, ATLANTA GA 30326

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