| 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 | $48B | |||||
| 2021 | - | - (-) | P/E Ratio | 33 | Total Asset | $8B | |||||
| 2022 | $528M | - (-) | Net Income | $1B | Total Debt | $0 | |||||
| 2023 | $839M | 59.0% (22.3%) | EBITDA | $2B | Total Liab | $879M | |||||
| 2024 | $848M | 1.0% (-8.6%) | Opr Margin | 0.37 | Debt/Equity | - | |||||
| 2025 | $962M | 13.5% (3.6%) | PreTax Margin | 37.10 | BV/Share | 7 | |||||
| 5Y Average FCF | $794M | 24.5% (5.8%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (24.5%) | ||||||||||
| 2026 | $1B | MBG Intrinsic Value | $14 | ||||||||
| 2027 | $1B | ||||||||||
| 2028 | $2B | ||||||||||
| 2029 | $2B | ||||||||||
| 2030 | $3B | ||||||||||
| 2031 | $4B | ||||||||||
| Terminal Value | $74B | Net Worth/Share | $8 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $58B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $2B | $62 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $0 | WACC | 7.3% | 54 | 58 | 63 | 69 | 77 | |||
| Equity Value | $60B | 7.4% | 54 | 58 | 63 | 69 | 76 | ||||
| Shares Outstanding | 966,936,000 | 7.4% | 53 | 57 | 62 | 68 | 75 | ||||
| 7.9% | 49 | 52 | 56 | 61 | 66 | ||||||
| DCF Intrinsic Value | $62 | 8.4% | 45 | 48 | 51 | 55 | 59 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||