Copart IncFind Ratings Reports
COPART INC's gross profit margin for the third quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago. COPART INC has strong liquidity. Currently, the Quick Ratio is 1.98 which shows the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 36.92% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
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|Income Statement||Q3 FY16||Q3 FY15|
|Net Sales ($mil)||347.25||297.14|
|Net Income ($mil)||74.02||57.56|
|Balance Sheet||Q3 FY16||Q3 FY15|
|Cash & Equiv. ($mil)||137.65||678.74|
|Total Assets ($mil)||1624.14||2002.98|
|Total Debt ($mil)||700.88||664.87|
|Profitability||Q3 FY16||Q3 FY15|
|Gross Profit Margin||47.8||45.99|
|Return on Assets||14.94||10.65|
|Return on Equity||33.88||18.78|
|Debt||Q3 FY16||Q3 FY15|
|Share Data||Q3 FY16||Q3 FY15|
|Shares outstanding (mil)||109.22||126.52|
|Div / share||0.0||0.0|
|Book value / share||6.56||8.98|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||589696.0||679549.0|
BUY. The current P/E ratio indicates a significant discount compared to an average of 44.64 for the Commercial Services & Supplies industry and a value on par with the S&P 500 average of 25.13. For additional comparison, its price-to-book ratio of 7.96 indicates a significant premium versus the S&P 500 average of 2.82 and a significant premium versus the industry average of 5.14. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium.
|CPRT 26.36||Peers 44.64||CPRT 20.89||Peers 18.67|
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.
CPRT is trading at a significant discount to its peers.
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
CPRT is trading at a premium to its peers.
|CPRT 22.40||Peers 24.42||CPRT 1.10||Peers 3.44|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.
CPRT is trading at a valuation on par with its peers.
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
CPRT trades at a significant discount to its peers.
|CPRT 7.96||Peers 5.14||CPRT 21.47||Peers -2.75|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
CPRT is trading at a significant premium to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
CPRT is expected to have an earnings growth rate that significantly exceeds its peers.
|CPRT 4.68||Peers 2.27||CPRT 5.80||Peers 3.32|
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
CPRT is trading at a significant premium to its industry.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
CPRT has a sales growth rate that significantly exceeds its peers.