ARCBEST CORP (ARCB) Stock Fundamental Analysis
USA - NASDAQ:ARCB - US03937C1053 - Common Stock
71.75 USD
-0.33 (-0.46%)
71.87 USD
+0.12 (+0.17%)
Overall ARCB gets a fundamental rating of 6 out of 10. We evaluated ARCB against 42 industry peers in the Ground Transportation industry. ARCB scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ARCB is cheap, but on the other hand it scores bad on growth. These ratings could make ARCB a good candidate for value investing.
1. Profitability
1.1 Basic Checks
ARCB had positive earnings in the past year.
In the past year ARCB had a positive cash flow from operations.
In the past 5 years ARCB has always been profitable.
In the past 5 years ARCB always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ARCB (6.40%) is better than 73.81% of its industry peers.
With a decent Return On Equity value of 12.15%, ARCB is doing good in the industry, outperforming 69.05% of the companies in the same industry.
ARCB has a Return On Invested Capital of 9.38%. This is amongst the best in the industry. ARCB outperforms 80.95% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ARCB is above the industry average of 7.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 12.15% | ||
| ROIC | 9.38% |
ROA(3y)8.99%
ROA(5y)8.22%
ROE(3y)18.29%
ROE(5y)17.29%
ROIC(3y)12.49%
ROIC(5y)11.58%
1.3 Margins
With a decent Profit Margin value of 3.90%, ARCB is doing good in the industry, outperforming 64.29% of the companies in the same industry.
ARCB's Profit Margin has improved in the last couple of years.
ARCB has a Operating Margin of 5.38%. This is comparable to the rest of the industry: ARCB outperforms 59.52% of its industry peers.
In the last couple of years the Operating Margin of ARCB has grown nicely.
The Gross Margin of ARCB (85.27%) is better than 97.62% of its industry peers.
In the last couple of years the Gross Margin of ARCB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.38% | ||
| PM (TTM) | 3.9% | ||
| GM | 85.27% |
OM growth 3Y-4.12%
OM growth 5Y15.78%
PM growth 3Y-8.11%
PM growth 5Y25.47%
GM growth 3Y3.29%
GM growth 5Y2.2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ARCB is still creating some value.
Compared to 1 year ago, ARCB has less shares outstanding
Compared to 5 years ago, ARCB has less shares outstanding
ARCB has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.59 indicates that ARCB is not in any danger for bankruptcy at the moment.
The Altman-Z score of ARCB (3.59) is better than 73.81% of its industry peers.
ARCB has a debt to FCF ratio of 4.26. This is a neutral value as ARCB would need 4.26 years to pay back of all of its debts.
The Debt to FCF ratio of ARCB (4.26) is better than 80.95% of its industry peers.
ARCB has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.13, ARCB is doing good in the industry, outperforming 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 4.26 | ||
| Altman-Z | 3.59 |
ROIC/WACC1.05
WACC8.96%
2.3 Liquidity
ARCB has a Current Ratio of 0.96. This is a bad value and indicates that ARCB is not financially healthy enough and could expect problems in meeting its short term obligations.
ARCB's Current ratio of 0.96 is in line compared to the rest of the industry. ARCB outperforms 42.86% of its industry peers.
A Quick Ratio of 0.96 indicates that ARCB may have some problems paying its short term obligations.
The Quick ratio of ARCB (0.96) is comparable to the rest of the industry.
ARCB does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
The earnings per share for ARCB have decreased strongly by -40.25% in the last year.
Measured over the past years, ARCB shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.61% on average per year.
ARCB shows a decrease in Revenue. In the last year, the revenue decreased by -6.42%.
Measured over the past years, ARCB shows a small growth in Revenue. The Revenue has been growing by 6.94% on average per year.
EPS 1Y (TTM)-40.25%
EPS 3Y-9.05%
EPS 5Y18.61%
EPS Q2Q%-31.31%
Revenue 1Y (TTM)-6.42%
Revenue growth 3Y1.64%
Revenue growth 5Y6.94%
Sales Q2Q%-5.16%
3.2 Future
The Earnings Per Share is expected to grow by 12.86% on average over the next years. This is quite good.
ARCB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.30% yearly.
EPS Next Y-24.36%
EPS Next 2Y4.8%
EPS Next 3Y12.86%
EPS Next 5YN/A
Revenue Next Year-3.43%
Revenue Next 2Y0.73%
Revenue Next 3Y2.3%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.82, ARCB is valued correctly.
ARCB's Price/Earnings ratio is rather cheap when compared to the industry. ARCB is cheaper than 88.10% of the companies in the same industry.
ARCB is valuated rather cheaply when we compare the Price/Earnings ratio to 27.55, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.39, which indicates a very decent valuation of ARCB.
Based on the Price/Forward Earnings ratio, ARCB is valued cheaper than 90.48% of the companies in the same industry.
ARCB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.82 | ||
| Fwd PE | 10.39 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ARCB indicates a rather cheap valuation: ARCB is cheaper than 97.62% of the companies listed in the same industry.
ARCB's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ARCB is cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.77 | ||
| EV/EBITDA | 4.58 |
4.3 Compensation for Growth
ARCB has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ARCB's earnings are expected to grow with 12.86% in the coming years.
PEG (NY)N/A
PEG (5Y)0.8
EPS Next 2Y4.8%
EPS Next 3Y12.86%
5. Dividend
5.1 Amount
With a yearly dividend of 0.65%, ARCB is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.61, ARCB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, ARCB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
5.2 History
The dividend of ARCB is nicely growing with an annual growth rate of 8.44%!
ARCB has been paying a dividend for at least 10 years, so it has a reliable track record.
ARCB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.44%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
7.08% of the earnings are spent on dividend by ARCB. This is a low number and sustainable payout ratio.
The dividend of ARCB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP7.08%
EPS Next 2Y4.8%
EPS Next 3Y12.86%
71.75
-0.33 (-0.46%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners103.51%
Inst Owner Change0%
Ins Owners1.54%
Ins Owner Change4.48%
Market Cap1.63B
Analysts76.84
Price Target90.41 (26.01%)
Short Float %3.67%
Short Ratio2.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
Yearly Dividend0.48
Dividend Growth(5Y)8.44%
DP7.08%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.96%
Min EPS beat(2)-7.33%
Max EPS beat(2)-2.59%
EPS beat(4)1
Avg EPS beat(4)0.91%
Min EPS beat(4)-11.93%
Max EPS beat(4)25.49%
EPS beat(8)3
Avg EPS beat(8)5.56%
EPS beat(12)4
Avg EPS beat(12)-0.67%
EPS beat(16)8
Avg EPS beat(16)4.06%
Revenue beat(2)0
Avg Revenue beat(2)-3.99%
Min Revenue beat(2)-4.1%
Max Revenue beat(2)-3.87%
Revenue beat(4)0
Avg Revenue beat(4)-2.94%
Min Revenue beat(4)-4.1%
Max Revenue beat(4)-1.32%
Revenue beat(8)1
Avg Revenue beat(8)-2.15%
Revenue beat(12)1
Avg Revenue beat(12)-3.05%
Revenue beat(16)2
Avg Revenue beat(16)-2.46%
PT rev (1m)-0.71%
PT rev (3m)5.29%
EPS NQ rev (1m)-0.72%
EPS NQ rev (3m)-8.97%
EPS NY rev (1m)-0.94%
EPS NY rev (3m)-6.29%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.84%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-1.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.82 | ||
| Fwd PE | 10.39 | ||
| P/S | 0.4 | ||
| P/FCF | 28.77 | ||
| P/OCF | 7.03 | ||
| P/B | 1.25 | ||
| P/tB | 1.79 | ||
| EV/EBITDA | 4.58 |
EPS(TTM)4.84
EY6.75%
EPS(NY)6.91
Fwd EY9.63%
FCF(TTM)2.49
FCFY3.48%
OCF(TTM)10.2
OCFY14.22%
SpS178.36
BVpS57.21
TBVpS40.18
PEG (NY)N/A
PEG (5Y)0.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 12.15% | ||
| ROCE | 12.07% | ||
| ROIC | 9.38% | ||
| ROICexc | 10.16% | ||
| ROICexgc | 13.24% | ||
| OM | 5.38% | ||
| PM (TTM) | 3.9% | ||
| GM | 85.27% | ||
| FCFM | 1.4% |
ROA(3y)8.99%
ROA(5y)8.22%
ROE(3y)18.29%
ROE(5y)17.29%
ROIC(3y)12.49%
ROIC(5y)11.58%
ROICexc(3y)14.5%
ROICexc(5y)13.54%
ROICexgc(3y)19.97%
ROICexgc(5y)18.73%
ROCE(3y)16.08%
ROCE(5y)14.9%
ROICexcg growth 3Y-13.17%
ROICexcg growth 5Y12.2%
ROICexc growth 3Y-9.54%
ROICexc growth 5Y9.98%
OM growth 3Y-4.12%
OM growth 5Y15.78%
PM growth 3Y-8.11%
PM growth 5Y25.47%
GM growth 3Y3.29%
GM growth 5Y2.2%
F-Score5
Asset Turnover1.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 4.26 | ||
| Debt/EBITDA | 0.44 | ||
| Cap/Depr | 111.95% | ||
| Cap/Sales | 4.32% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 61.92% | ||
| Profit Quality | 35.88% | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 3.59 |
F-Score5
WACC8.96%
ROIC/WACC1.05
Cap/Depr(3y)146.13%
Cap/Depr(5y)110.02%
Cap/Sales(3y)4.7%
Cap/Sales(5y)3.6%
Profit Quality(3y)58.29%
Profit Quality(5y)99.7%
High Growth Momentum
Growth
EPS 1Y (TTM)-40.25%
EPS 3Y-9.05%
EPS 5Y18.61%
EPS Q2Q%-31.31%
EPS Next Y-24.36%
EPS Next 2Y4.8%
EPS Next 3Y12.86%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.42%
Revenue growth 3Y1.64%
Revenue growth 5Y6.94%
Sales Q2Q%-5.16%
Revenue Next Year-3.43%
Revenue Next 2Y0.73%
Revenue Next 3Y2.3%
Revenue Next 5YN/A
EBIT growth 1Y6.44%
EBIT growth 3Y-2.55%
EBIT growth 5Y23.82%
EBIT Next Year52.72%
EBIT Next 3Y30.49%
EBIT Next 5YN/A
FCF growth 1Y-70.55%
FCF growth 3Y-42.8%
FCF growth 5Y-7.58%
OCF growth 1Y-40.52%
OCF growth 3Y-4.04%
OCF growth 5Y10.9%