$Copart (CPRT.US)$ 🎯 2024.3.27 Current price 57.34, positio...

New data: 24Q2, continued to grow, but the growth rate slowed significantly.

In the first half of 2024, revenue increased 10.3%, operating profit increased 14.5%, and net profit increased 22%.

The balance ratio continued to decline from 12.9% to 11.1%, while total assets grew rapidly. Long-term loans have dropped to 453,000, which can be ignored.

Net operating cash flow continues to be higher than net investment, and shareholders' surpluses are high.

Currently, the price-earnings ratio is 44.76 and the price-earnings ratio is TTM40.9. The valuation is still within a reasonable range, and no adjustments have been made for the time being.