Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Copart's operating assets for the quarter that ended in Apr. 2026 was $5,449 Mil. Copart's operating liabilities for the quarter that ended in Apr. 2026 was $764 Mil. Copart's Total Assets for the quarter that ended in Jan. 2026 was $10,595 Mil. Therefore, Copart's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.44.
Copart Scaled Net Operating Assets Related Terms
Copart Scaled Net Operating Assets Historical Data
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The historical data trend for Copart's Scaled Net Operating Assets 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 GPN, ULS, ARMK: Scaled Net Operating Assets Comparison
For the Specialty Business Services subindustry, Copart's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Business Services Industry
For the Business Services industry and Industrials sector, Copart's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Copart's Scaled Net Operating Assets 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.
What does a Scaled Net Operating Assets of 0.44 mean?
Copart (CPRT) has a Scaled Net Operating Assets of 0.44 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Copart and its competitors.
Is Copart's Scaled Net Operating Assets too high?
Copart's current Scaled Net Operating Assets is 0.44. 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 Scaled Net Operating Assets compare to GPN and ULS?
Copart's Scaled Net Operating Assets of 0.44 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Business Services company?
A good Scaled Net Operating Assets depends on the Business Services industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Copart and its competitors. Copart's current Scaled Net Operating Assets is 0.44. 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 $56.80, compared to a current price of $30.55 — trading 46.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.44. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Copart (CPRT), the current Scaled Net Operating Assets is 0.44 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 $30.55 is trading 46.2% below its estimated GF Value™ of $56.80.
GuruFocus considers Copart to be Significantly Undervalued.
Key valuation signals for CPRT:
Scaled Net Operating Assets: 0.44
GF Value™: $56.80 vs. price of $30.55 (46.2% below fair value)
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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