The Intrinsic Value Podcast发布 2026-09-13
《Copart Stock (CPRT): Is Copart now a Buy?》
$CCC看涨
CCC 目前被低估，市现率（P/OCF）约为 10 倍；增速放缓至约 10% 解释了这一折价，但 96% 的高经常性收入与稳健的利润率支撑其业务逻辑。
而CCC，也就是这个领域最重要的数据公司之一，发现以未投保或投保不足的机动车责任险索赔形式出现的第三方索赔占比在三四年间几乎翻了一倍。到去年年底达到了16%。
and CCC which is one of the you know most important data companies in this field found that the share of third party claims coming in as uninsured or underinsured motorist claims have nearly doubled in three or four years time. So hitting 16% at the end of last year.
我还有一点是，CCC还估计大约四分之一的维修现在是自费的，也就是说车主自己修，而不是通过保险公司。
and one more that I have is that CCC also reckons about a quarter of repairs and now self-pay meaning that the driver just fixes it themselves rather than involving the insurer.