Intrinsic Valuation of: CPRT
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 2 Market Cap $31B
2021 - - (-) P/E Ratio 20 Total Asset $10B
2022 $839M - (-) Net Income $2B Total Debt $0
2023 $848M 1.0% (-8.6%) EBITDA $2B Total Liab $883M
2024 $962M 13.5% (3.6%) Opr Margin 36.51 Debt/Equity -
2025 $1B 28.0% (16.7%) PreTax Margin 36.51 BV/Share 9
5Y Average FCF $970M 11.6% (3.9%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 2.48% Historical US Bond Yield: 4.40%
Discount Rate (WACC): 9.09% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (11.6%)
2026 $1B MBG Intrinsic Value $14
2027 $1B
2028 $2B
2029 $2B
2030 $2B
2031 $2B
Terminal Value $27B Net Worth/Share $10
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value $23B Growth Rate
(+) Cash & Cash Equivalents $3B $26 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt $0 WACC 7.1% 32 34 37 40 45
Equity Value $25B 8.1% 27 29 31 33 35
Shares Outstanding 963,308,388 9.1% 24 25 26 28 30
10.1% 22 22 23 24 26
DCF Intrinsic Value $26 11.1% 20 20 21 22 23
Analyzed by QuantJuice (2025)