CopartCPRT -2.88%82 Return-on-Tangible-Asset is 16.87% as of Apr. 2026, which is 30% below its 10-year median of 24.13. GuruFocus rates CPRT with a GF Score™ of 82/100 and a GF Value™ of $57.05 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,095 Business Services companies, Copart ranks better than 89.59% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Copart's annualizedNet Income for the quarter that ended in Apr. 2026 was $1,610 Mil. Copart's average total tangible assets for the quarter that ended in Apr. 2026 was $9,543 Mil. Therefore, Copart's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 16.87%.
The historical rank and industry rank for Copart's Return-on-Tangible-Asset or its related term are showing as below:
CPRT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 16.29 Med: 24.13 Max: 29.11
Current: 16.29
During the past 13 years, Copart's highest Return-on-Tangible-Asset was 29.11%. The lowest was 16.29%. And the median was 24.13%.
CPRT's Return-on-Tangible-Asset is ranked better than 89.59% of 1095
companies
in the Business Services industry
Industry Median: 3.87
vs CPRT: 16.29
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Copart Return-on-Tangible-Asset Related Terms
Copart Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Copart's Return-on-Tangible-Asset 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.
CPRT vs ULS, GPN, ARMK: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, Copart's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Copart's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Copart's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 16.87% mean?
Copart (CPRT) has a Return-on-Tangible-Asset of 16.87% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Copart and its competitors. This is 30% below median its historical median of 24.13. Over the past decade, Copart's Return-on-Tangible-Asset has ranged from 16.29 to 29.11. According to the industry distribution chart, Copart ranks #114 out of 1095 companies in the Business Services industry, placing it in the top 10.4%.
Is Copart's Return-on-Tangible-Asset too high?
Copart's current Return-on-Tangible-Asset of 16.87% is 30% below median its 10-year median of 24.13. Over the past 10 years, this metric has ranged from a low of 16.29 to a high of 29.11. The Business Services industry median Return-on-Tangible-Asset is 3.87. Copart's value of 16.87% is 335.9% above this industry median. Based on the distribution chart, Copart ranks #114 out of 1095 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Copart has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Copart's Return-on-Tangible-Asset compare to ULS and GPN?
According to the Business Services industry distribution chart, Copart ranks #114 out of 1095 companies for Return-on-Tangible-Asset. This places Copart in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.87. Copart's value of 16.87% is 335.9% above this benchmark. Historically, Copart's own Return-on-Tangible-Asset has ranged from 16.29 to 29.11 over the past decade. While the company's 10-year median is 24.13 vs. the industry median of 3.87, Copart has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.87, based on 1,095 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Copart's current Return-on-Tangible-Asset of 16.87% is 335.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Copart and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copart's current Return-on-Tangible-Asset is 16.87%, which is 30% below median its own 10-year median of 24.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copart stock overvalued right now?
Based on GuruFocus' analysis, Copart (CPRT) is currently considered Significantly Undervalued. The stock's GF Value™ is $57.05, compared to a current price of $27.52 — trading 51.8% below its estimated fair value. The current Return-on-Tangible-Asset is 16.87%, which is 30% below median its 10-year median of 24.13 and 335.9% above the Business Services industry median of 3.87. Copart's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Copart (CPRT), the current Return-on-Tangible-Asset is 16.87% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Copart (CPRT) Overvalued in 2026?
Based on GuruFocus' analysis, Copart stock appears to be undervalued.
The current stock price of $27.52 is trading 51.8% below its estimated GF Value™ of $57.05.
GuruFocus considers Copart to be Significantly Undervalued.
Key valuation signals for CPRT:
Return-on-Tangible-Asset: 16.87% (30% below median its 10-year median of 24.13)
GF Value™: $57.05 vs. price of $27.52 (51.8% below fair value)
Industry Position: 335.9% above the Business Services median (#114 of 1095)
No single metric tells the full story. See the CPRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Based in Dallas, Copart operates a global online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 4 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.
82GF Score
Get the complete analysis for CPRT
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CPRT has been successfully added to your 
