CopartCPRT +4.24%86 ROC (Joel Greenblatt) % is 44.15% as of Apr. 2026, which is 17% below its 10-year median of 53.11. GuruFocus rates CPRT with a GF Score™ of 86/100 and a GF Value™ of $56.95 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,080 Business Services companies, Copart ranks better than 66.3% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Copart's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 44.15%.
The historical rank and industry rank for Copart's ROC (Joel Greenblatt) % or its related term are showing as below:
CPRT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 43.01 Med: 53.11 Max: 55.77
Current: 43.01
During the past 13 years, Copart's highest ROC (Joel Greenblatt) % was 55.77%. The lowest was 43.01%. And the median was 53.11%.
CPRT's ROC (Joel Greenblatt) % is ranked better than 66.3% of 1080
companies
in the Business Services industry
Industry Median: 20.91
vs CPRT: 43.01
Copart's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.30% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
The historical data trend for Copart's ROC (Joel Greenblatt) % 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: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, Copart's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Copart's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Copart's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 44.15% mean?
Copart (CPRT) has a ROC (Joel Greenblatt) % of 44.15% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Copart and its competitors. This is 17% below median its historical median of 53.11. Over the past decade, Copart's ROC (Joel Greenblatt) % has ranged from 43.01 to 55.77. According to the industry distribution chart, Copart ranks #364 out of 1080 companies in the Business Services industry, placing it in the top 33.7%.
Is Copart's ROC (Joel Greenblatt) % too high?
Copart's current ROC (Joel Greenblatt) % of 44.15% is 17% below median its 10-year median of 53.11. Over the past 10 years, this metric has ranged from a low of 43.01 to a high of 55.77. The Business Services industry median ROC (Joel Greenblatt) % is 20.91. Copart's value of 44.15% is 111.1% above this industry median. Based on the distribution chart, Copart ranks #364 out of 1080 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 ROC (Joel Greenblatt) % compare to ULS and GPN?
According to the Business Services industry distribution chart, Copart ranks #364 out of 1080 companies for ROC (Joel Greenblatt) %. This puts Copart in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.91. Copart's value of 44.15% is 111.1% above this benchmark. Historically, Copart's own ROC (Joel Greenblatt) % has ranged from 43.01 to 55.77 over the past decade. While the company's 10-year median is 53.11 vs. the industry median of 20.91, 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 ROC (Joel Greenblatt) % for a Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 20.91, based on 1,080 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Copart's current ROC (Joel Greenblatt) % of 44.15% is 111.1% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Copart and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 20.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copart's current ROC (Joel Greenblatt) % is 44.15%, which is 17% below median its own 10-year median of 53.11. 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 $56.95, compared to a current price of $30.01 — trading 47.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 44.15%, which is 17% below median its 10-year median of 53.11 and 111.1% above the Business Services industry median of 20.91. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Copart (CPRT), the current ROC (Joel Greenblatt) % is 44.15% 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 $30.01 is trading 47.3% below its estimated GF Value™ of $56.95.
GuruFocus considers Copart to be Significantly Undervalued.
Key valuation signals for CPRT:
ROC (Joel Greenblatt) %: 44.15% (17% below median its 10-year median of 53.11)
GF Value™: $56.95 vs. price of $30.01 (47.3% below fair value)
Industry Position: 111.1% above the Business Services median (#364 of 1080)
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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