CopartCPRT +2.06%86 Return-on-Tangible-Equity is 18.49% as of Apr. 2026, which is 51% below its 10-year median of 37.99. GuruFocus rates CPRT with a GF Score™ of 86/100 and a GF Value™ of $56.91 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,009 Business Services companies, Copart ranks better than 65.61% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Copart's annualized net income for the quarter that ended in Apr. 2026 was $1,610 Mil. Copart's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $8,703 Mil. Therefore, Copart's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 18.49%.
The historical rank and industry rank for Copart's Return-on-Tangible-Equity or its related term are showing as below:
CPRT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.96 Med: 37.99 Max: 66.57
Current: 17.96
During the past 13 years, Copart's highest Return-on-Tangible-Equity was 66.57%. The lowest was 17.96%. And the median was 37.99%.
CPRT's Return-on-Tangible-Equity is ranked better than 65.61% of 1009
companies
in the Business Services industry
Industry Median: 10.56
vs CPRT: 17.96
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Copart Return-on-Tangible-Equity Related Terms
Copart Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Copart's Return-on-Tangible-Equity 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-Equity Comparison
For the Specialty Business Services subindustry, Copart's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Copart's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Copart's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 18.49% mean?
Copart (CPRT) has a Return-on-Tangible-Equity of 18.49% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Copart and its competitors. This is 51% below median its historical median of 37.99. Over the past decade, Copart's Return-on-Tangible-Equity has ranged from 17.96 to 66.57. According to the industry distribution chart, Copart ranks #347 out of 1009 companies in the Business Services industry, placing it in the top 34.4%.
Is Copart's Return-on-Tangible-Equity too high?
Copart's current Return-on-Tangible-Equity of 18.49% is 51% below median its 10-year median of 37.99. Over the past 10 years, this metric has ranged from a low of 17.96 to a high of 66.57. The Business Services industry median Return-on-Tangible-Equity is 10.56. Copart's value of 18.49% is 75.1% above this industry median. Based on the distribution chart, Copart ranks #347 out of 1009 companies in the Business Services industry, which is above the industry midpoint. Overall, Copart has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Copart's Return-on-Tangible-Equity compare to ULS and GPN?
According to the Business Services industry distribution chart, Copart ranks #347 out of 1009 companies for Return-on-Tangible-Equity. This puts Copart in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.56. Copart's value of 18.49% is 75.1% above this benchmark. Historically, Copart's own Return-on-Tangible-Equity has ranged from 17.96 to 66.57 over the past decade. While the company's 10-year median is 37.99 vs. the industry median of 10.56, 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-Equity for a Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.56, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Copart's current Return-on-Tangible-Equity of 18.49% is 75.1% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Copart and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copart's current Return-on-Tangible-Equity is 18.49%, which is 51% below median its own 10-year median of 37.99. 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 $56.91, compared to a current price of $28.79 — trading 49.4% below its estimated fair value. The current Return-on-Tangible-Equity is 18.49%, which is 51% below median its 10-year median of 37.99 and 75.1% above the Business Services industry median of 10.56. Copart's overall GF Score™ is 86/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Copart (CPRT), the current Return-on-Tangible-Equity is 18.49% 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 $28.79 is trading 49.4% below its estimated GF Value™ of $56.91.
GuruFocus considers Copart to be Significantly Undervalued.
Key valuation signals for CPRT:
Return-on-Tangible-Equity: 18.49% (51% below median its 10-year median of 37.99)
GF Value™: $56.91 vs. price of $28.79 (49.4% below fair value)
Industry Position: 75.1% above the Business Services median (#347 of 1009)
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.
86GF Score
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