COVENANT LOGISTICS GROUP INC (CVLG) Stock Fundamental Analysis
USA - NYSE:CVLG - US22284P1057 - Common Stock
19.455 USD
-0.12 (-0.64%)
We assign a fundamental rating of 5 out of 10 to CVLG. CVLG was compared to 43 industry peers in the Ground Transportation industry. Both the profitability and the financial health of CVLG get a neutral evaluation. Nothing too spectacular is happening here. CVLG is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CVLG was profitable.
CVLG had a positive operating cash flow in the past year.
CVLG had positive earnings in 4 of the past 5 years.
In the past 5 years CVLG always reported a positive cash flow from operatings.
1.2 Ratios
CVLG has a Return On Assets of 3.58%. This is in the better half of the industry: CVLG outperforms 65.12% of its industry peers.
With a Return On Equity value of 8.67%, CVLG perfoms like the industry average, outperforming 58.14% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.11%, CVLG is in the better half of the industry, outperforming 60.47% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CVLG is in line with the industry average of 7.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 8.67% | ||
| ROIC | 4.11% |
ROA(3y)7.68%
ROA(5y)5.21%
ROE(3y)16.9%
ROE(5y)10.67%
ROIC(3y)6.14%
ROIC(5y)5.88%
1.3 Margins
CVLG's Profit Margin of 3.18% is in line compared to the rest of the industry. CVLG outperforms 58.14% of its industry peers.
In the last couple of years the Profit Margin of CVLG has grown nicely.
CVLG has a Operating Margin (3.93%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CVLG has grown nicely.
With an excellent Gross Margin value of 67.43%, CVLG belongs to the best of the industry, outperforming 81.40% of the companies in the same industry.
CVLG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.93% | ||
| PM (TTM) | 3.18% | ||
| GM | 67.43% |
OM growth 3Y-12.2%
OM growth 5Y38.52%
PM growth 3Y-18.23%
PM growth 5Y27.09%
GM growth 3Y4.84%
GM growth 5Y1.05%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CVLG is destroying value.
The number of shares outstanding for CVLG has been increased compared to 1 year ago.
CVLG has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CVLG has an improved debt to assets ratio.
2.2 Solvency
CVLG has an Altman-Z score of 2.19. This is not the best score and indicates that CVLG is in the grey zone with still only limited risk for bankruptcy at the moment.
CVLG has a Altman-Z score of 2.19. This is comparable to the rest of the industry: CVLG outperforms 48.84% of its industry peers.
The Debt to FCF ratio of CVLG is 169.20, which is on the high side as it means it would take CVLG, 169.20 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 169.20, CVLG is in the better half of the industry, outperforming 62.79% of the companies in the same industry.
A Debt/Equity ratio of 0.52 indicates that CVLG is somewhat dependend on debt financing.
The Debt to Equity ratio of CVLG (0.52) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 169.2 | ||
| Altman-Z | 2.19 |
ROIC/WACC0.51
WACC8.09%
2.3 Liquidity
A Current Ratio of 1.09 indicates that CVLG should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.09, CVLG is in line with its industry, outperforming 51.16% of the companies in the same industry.
A Quick Ratio of 1.06 indicates that CVLG should not have too much problems paying its short term obligations.
CVLG has a Quick ratio of 1.06. This is comparable to the rest of the industry: CVLG outperforms 51.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
CVLG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.84%.
CVLG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 43.91% yearly.
The Revenue has been growing slightly by 1.62% in the past year.
The Revenue has been growing slightly by 5.03% on average over the past years.
EPS 1Y (TTM)-15.84%
EPS 3Y3.05%
EPS 5Y43.91%
EPS Q2Q%-19.27%
Revenue 1Y (TTM)1.62%
Revenue growth 3Y2.65%
Revenue growth 5Y5.03%
Sales Q2Q%3.13%
3.2 Future
CVLG is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.29% yearly.
The Revenue is expected to grow by 3.63% on average over the next years.
EPS Next Y-18.14%
EPS Next 2Y3.58%
EPS Next 3Y6.29%
EPS Next 5YN/A
Revenue Next Year1.38%
Revenue Next 2Y3.63%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 11.44, the valuation of CVLG can be described as very reasonable.
CVLG's Price/Earnings ratio is rather cheap when compared to the industry. CVLG is cheaper than 93.02% of the companies in the same industry.
CVLG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.06.
A Price/Forward Earnings ratio of 9.18 indicates a reasonable valuation of CVLG.
Based on the Price/Forward Earnings ratio, CVLG is valued cheaply inside the industry as 95.35% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CVLG to the average of the S&P500 Index (32.73), we can say CVLG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.44 | ||
| Fwd PE | 9.18 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CVLG indicates a rather cheap valuation: CVLG is cheaper than 90.70% of the companies listed in the same industry.
CVLG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CVLG is cheaper than 62.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 304.42 | ||
| EV/EBITDA | 5.71 |
4.3 Compensation for Growth
CVLG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.26
EPS Next 2Y3.58%
EPS Next 3Y6.29%
5. Dividend
5.1 Amount
CVLG has a Yearly Dividend Yield of 1.44%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.71, CVLG pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.36, CVLG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
5.2 History
CVLG has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
18.14% of the earnings are spent on dividend by CVLG. This is a low number and sustainable payout ratio.
DP18.14%
EPS Next 2Y3.58%
EPS Next 3Y6.29%
NYSE:CVLG (11/10/2025, 10:20:41 AM)
19.455
-0.12 (-0.64%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners70.99%
Inst Owner ChangeN/A
Ins Owners27.56%
Ins Owner Change0.99%
Market Cap486.76M
Revenue(TTM)1.15B
Net Income(TTM)36.16M
Analysts82
Price Target30.26 (55.54%)
Short Float %3.23%
Short Ratio4.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
Yearly Dividend0.23
Dividend Growth(5Y)N/A
DP18.14%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.22%
Min EPS beat(2)-5.65%
Max EPS beat(2)3.2%
EPS beat(4)1
Avg EPS beat(4)-1.98%
Min EPS beat(4)-5.65%
Max EPS beat(4)3.2%
EPS beat(8)4
Avg EPS beat(8)0.2%
EPS beat(12)7
Avg EPS beat(12)2.42%
EPS beat(16)10
Avg EPS beat(16)6.42%
Revenue beat(2)1
Avg Revenue beat(2)-1.17%
Min Revenue beat(2)-5.67%
Max Revenue beat(2)3.33%
Revenue beat(4)1
Avg Revenue beat(4)-3.19%
Min Revenue beat(4)-5.86%
Max Revenue beat(4)3.33%
Revenue beat(8)2
Avg Revenue beat(8)-2.27%
Revenue beat(12)4
Avg Revenue beat(12)-1.27%
Revenue beat(16)8
Avg Revenue beat(16)0.68%
PT rev (1m)-5.82%
PT rev (3m)-9.18%
EPS NQ rev (1m)-4.93%
EPS NQ rev (3m)-6.25%
EPS NY rev (1m)-9.6%
EPS NY rev (3m)-10.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.72%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.44 | ||
| Fwd PE | 9.18 | ||
| P/S | 0.43 | ||
| P/FCF | 304.42 | ||
| P/OCF | 3.88 | ||
| P/B | 1.17 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | 5.71 |
EPS(TTM)1.7
EY8.74%
EPS(NY)2.12
Fwd EY10.89%
FCF(TTM)0.06
FCFY0.33%
OCF(TTM)5.02
OCFY25.79%
SpS45.46
BVpS16.66
TBVpS9.66
PEG (NY)N/A
PEG (5Y)0.26
Graham Number25.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 8.67% | ||
| ROCE | 5.4% | ||
| ROIC | 4.11% | ||
| ROICexc | 4.11% | ||
| ROICexgc | 5.21% | ||
| OM | 3.93% | ||
| PM (TTM) | 3.18% | ||
| GM | 67.43% | ||
| FCFM | 0.14% |
ROA(3y)7.68%
ROA(5y)5.21%
ROE(3y)16.9%
ROE(5y)10.67%
ROIC(3y)6.14%
ROIC(5y)5.88%
ROICexc(3y)6.59%
ROICexc(5y)6.19%
ROICexgc(3y)8.26%
ROICexgc(5y)7.51%
ROCE(3y)8.04%
ROCE(5y)7.71%
ROICexgc growth 3Y-19.39%
ROICexgc growth 5Y45.18%
ROICexc growth 3Y-22.28%
ROICexc growth 5Y41.41%
OM growth 3Y-12.2%
OM growth 5Y38.52%
PM growth 3Y-18.23%
PM growth 5Y27.09%
GM growth 3Y4.84%
GM growth 5Y1.05%
F-Score6
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 169.2 | ||
| Debt/EBITDA | 1.64 | ||
| Cap/Depr | 140.5% | ||
| Cap/Sales | 10.9% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.41% | ||
| Profit Quality | 4.42% | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 2.19 |
F-Score6
WACC8.09%
ROIC/WACC0.51
Cap/Depr(3y)220.86%
Cap/Depr(5y)174.34%
Cap/Sales(3y)13.83%
Cap/Sales(5y)11.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.84%
EPS 3Y3.05%
EPS 5Y43.91%
EPS Q2Q%-19.27%
EPS Next Y-18.14%
EPS Next 2Y3.58%
EPS Next 3Y6.29%
EPS Next 5YN/A
Revenue 1Y (TTM)1.62%
Revenue growth 3Y2.65%
Revenue growth 5Y5.03%
Sales Q2Q%3.13%
Revenue Next Year1.38%
Revenue Next 2Y3.63%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-10.59%
EBIT growth 3Y-9.87%
EBIT growth 5Y45.48%
EBIT Next Year111.37%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y104.29%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y32.56%
OCF growth 3Y18.84%
OCF growth 5Y13.93%
COVENANT LOGISTICS GROUP INC / CVLG FAQ
Can you provide the ChartMill fundamental rating for COVENANT LOGISTICS GROUP INC?
ChartMill assigns a fundamental rating of 5 / 10 to CVLG.
Can you provide the valuation status for COVENANT LOGISTICS GROUP INC?
ChartMill assigns a valuation rating of 7 / 10 to COVENANT LOGISTICS GROUP INC (CVLG). This can be considered as Undervalued.
Can you provide the profitability details for COVENANT LOGISTICS GROUP INC?
COVENANT LOGISTICS GROUP INC (CVLG) has a profitability rating of 6 / 10.
What are the PE and PB ratios of COVENANT LOGISTICS GROUP INC (CVLG) stock?
The Price/Earnings (PE) ratio for COVENANT LOGISTICS GROUP INC (CVLG) is 11.44 and the Price/Book (PB) ratio is 1.17.
Can you provide the financial health for CVLG stock?
The financial health rating of COVENANT LOGISTICS GROUP INC (CVLG) is 4 / 10.