Copart Inc vs Thomson-Reuters Corp

Copart Inc (CPRT) is fairly valued and Thomson-Reuters Corp (TRI) is overvalued.

Against our estimates of intrinsic value, CPRT trades at the wider discount: a margin of safety of +4%, against -56% for TRI.

Values as of the 22 Sept 2026 close.

Copart Inc (CPRT)

Discounting its cash flows at 10.1% (average of 3 methods) values the shares at $29.89; the price of $28.80 is 4% below that value, and 73% of that value comes from beyond year five.

Leak Score 55/100 on 9 of 12 signals

Thomson-Reuters Corp (TRI)

Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $61.26; the price of $95.66 is 56% above that value, and 76% of that value comes from beyond year five.

Leak Score 59/100 on 3 of 12 signals

MetricCPRTTRI
VerdictFairly valuedOvervalued
Price$28.80$95.66
Intrinsic value$29.89$61.26
Margin of safety+4%-56%
Leak Score55/100 (9/12)59/100 (3/12)
Market cap$26.7B$41.4B
Revenue growth, 5 years11.6%4.5%
Operating margin35.4%26.9%
Net margin31.8%21.2%
Return on equity16.2%14.2%
Debt to equity0.010.29
P/E18.6x25.6x
Forward P/E16.3x18.9x
P/B3.0x3.8x
Dividend yield2.7%

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