EXPEDITORS INTL WASH INC (EXPD) Stock Fundamental Analysis
USA - NYSE:EXPD - US3021301094 - Common Stock
121.84 USD
+0.61 (+0.5%)
121.84 USD
0 (0%)
Taking everything into account, EXPD scores 7 out of 10 in our fundamental rating. EXPD was compared to 23 industry peers in the Air Freight & Logistics industry. EXPD scores excellent points on both the profitability and health parts. This is a solid base for a good stock. EXPD has a correct valuation and a medium growth rate. These ratings would make EXPD suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year EXPD was profitable.
EXPD had a positive operating cash flow in the past year.
Each year in the past 5 years EXPD has been profitable.
Each year in the past 5 years EXPD had a positive operating cash flow.
1.2 Ratios
EXPD has a better Return On Assets (17.82%) than 95.65% of its industry peers.
EXPD has a Return On Equity of 38.85%. This is amongst the best in the industry. EXPD outperforms 95.65% of its industry peers.
Looking at the Return On Invested Capital, with a value of 30.98%, EXPD belongs to the top of the industry, outperforming 95.65% of the companies in the same industry.
EXPD had an Average Return On Invested Capital over the past 3 years of 30.54%. This is significantly above the industry average of 12.53%.
The last Return On Invested Capital (30.98%) for EXPD is above the 3 year average (30.54%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.82% | ||
| ROE | 38.85% | ||
| ROIC | 30.98% |
ROA(3y)19.32%
ROA(5y)18.13%
ROE(3y)37.19%
ROE(5y)35.65%
ROIC(3y)30.54%
ROIC(5y)30.2%
1.3 Margins
EXPD's Profit Margin of 7.57% is amongst the best of the industry. EXPD outperforms 91.30% of its industry peers.
EXPD's Profit Margin has been stable in the last couple of years.
EXPD has a better Operating Margin (9.90%) than 91.30% of its industry peers.
In the last couple of years the Operating Margin of EXPD has remained more or less at the same level.
With a decent Gross Margin value of 32.19%, EXPD is doing good in the industry, outperforming 78.26% of the companies in the same industry.
In the last couple of years the Gross Margin of EXPD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.9% | ||
| PM (TTM) | 7.57% | ||
| GM | 32.19% |
OM growth 3Y-5.26%
OM growth 5Y0.34%
PM growth 3Y-3.72%
PM growth 5Y0.57%
GM growth 3Y6.02%
GM growth 5Y-0.6%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), EXPD is creating value.
EXPD has less shares outstanding than it did 1 year ago.
The number of shares outstanding for EXPD has been reduced compared to 5 years ago.
There is no outstanding debt for EXPD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
EXPD has an Altman-Z score of 8.00. This indicates that EXPD is financially healthy and has little risk of bankruptcy at the moment.
EXPD has a better Altman-Z score (8.00) than 95.65% of its industry peers.
There is no outstanding debt for EXPD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 8 |
ROIC/WACC3.51
WACC8.82%
2.3 Liquidity
EXPD has a Current Ratio of 1.73. This is a normal value and indicates that EXPD is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.73, EXPD is doing good in the industry, outperforming 69.57% of the companies in the same industry.
EXPD has a Quick Ratio of 1.73. This is a normal value and indicates that EXPD is financially healthy and should not expect problems in meeting its short term obligations.
EXPD's Quick ratio of 1.73 is fine compared to the rest of the industry. EXPD outperforms 73.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.73 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.11% over the past year.
EXPD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.03% yearly.
Looking at the last year, EXPD shows a very strong growth in Revenue. The Revenue has grown by 23.70%.
Measured over the past years, EXPD shows a small growth in Revenue. The Revenue has been growing by 5.94% on average per year.
EPS 1Y (TTM)29.11%
EPS 3Y-11.53%
EPS 5Y11.03%
EPS Q2Q%8.06%
Revenue 1Y (TTM)23.7%
Revenue growth 3Y-13.75%
Revenue growth 5Y5.94%
Sales Q2Q%8.73%
3.2 Future
Based on estimates for the next years, EXPD will show a small growth in Earnings Per Share. The EPS will grow by 4.80% on average per year.
EXPD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.20% yearly.
EPS Next Y-2.12%
EPS Next 2Y0.07%
EPS Next 3Y2.33%
EPS Next 5Y4.8%
Revenue Next Year2.54%
Revenue Next 2Y1.46%
Revenue Next 3Y1.81%
Revenue Next 5Y3.2%
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
EXPD is valuated rather expensively with a Price/Earnings ratio of 19.91.
EXPD's Price/Earnings ratio is a bit cheaper when compared to the industry. EXPD is cheaper than 69.57% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.06, EXPD is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 21.27, the valuation of EXPD can be described as rather expensive.
EXPD's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. EXPD is cheaper than 73.91% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.64. EXPD is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.91 | ||
| Fwd PE | 21.27 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EXPD indicates a somewhat cheap valuation: EXPD is cheaper than 60.87% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, EXPD is valued a bit cheaper than 78.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.32 | ||
| EV/EBITDA | 12.95 |
4.3 Compensation for Growth
EXPD has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.8
EPS Next 2Y0.07%
EPS Next 3Y2.33%
5. Dividend
5.1 Amount
EXPD has a Yearly Dividend Yield of 1.24%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.74, EXPD pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.24, EXPD pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
5.2 History
On average, the dividend of EXPD grows each year by 7.69%, which is quite nice.
EXPD has been paying a dividend for at least 10 years, so it has a reliable track record.
EXPD has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.69%
Div Incr Years28
Div Non Decr Years31
5.3 Sustainability
24.11% of the earnings are spent on dividend by EXPD. This is a low number and sustainable payout ratio.
EXPD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP24.11%
EPS Next 2Y0.07%
EPS Next 3Y2.33%
121.84
+0.61 (+0.5%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners99.32%
Inst Owner Change-4.29%
Ins Owners0.66%
Ins Owner Change0.43%
Market Cap16.46B
Analysts48.18
Price Target114.71 (-5.85%)
Short Float %4.42%
Short Ratio4.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
Yearly Dividend1.45
Dividend Growth(5Y)7.69%
DP24.11%
Div Incr Years28
Div Non Decr Years31
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.58%
Min EPS beat(2)4.92%
Max EPS beat(2)6.23%
EPS beat(4)4
Avg EPS beat(4)11.07%
Min EPS beat(4)4.92%
Max EPS beat(4)18.42%
EPS beat(8)5
Avg EPS beat(8)3.55%
EPS beat(12)7
Avg EPS beat(12)2.03%
EPS beat(16)11
Avg EPS beat(16)5.34%
Revenue beat(2)2
Avg Revenue beat(2)4.21%
Min Revenue beat(2)2.04%
Max Revenue beat(2)6.37%
Revenue beat(4)4
Avg Revenue beat(4)7.97%
Min Revenue beat(4)2.04%
Max Revenue beat(4)20.34%
Revenue beat(8)5
Avg Revenue beat(8)3.01%
Revenue beat(12)5
Avg Revenue beat(12)-2.02%
Revenue beat(16)8
Avg Revenue beat(16)0.86%
PT rev (1m)1.67%
PT rev (3m)3.49%
EPS NQ rev (1m)0.5%
EPS NQ rev (3m)4.03%
EPS NY rev (1m)0%
EPS NY rev (3m)2.34%
Revenue NQ rev (1m)0.48%
Revenue NQ rev (3m)-0.04%
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)2.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.91 | ||
| Fwd PE | 21.27 | ||
| P/S | 1.46 | ||
| P/FCF | 20.32 | ||
| P/OCF | 19.11 | ||
| P/B | 7.5 | ||
| P/tB | 7.53 | ||
| EV/EBITDA | 12.95 |
EPS(TTM)6.12
EY5.02%
EPS(NY)5.73
Fwd EY4.7%
FCF(TTM)6
FCFY4.92%
OCF(TTM)6.38
OCFY5.23%
SpS83.42
BVpS16.25
TBVpS16.19
PEG (NY)N/A
PEG (5Y)1.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.82% | ||
| ROE | 38.85% | ||
| ROCE | 41.8% | ||
| ROIC | 30.98% | ||
| ROICexc | 54.63% | ||
| ROICexgc | 54.92% | ||
| OM | 9.9% | ||
| PM (TTM) | 7.57% | ||
| GM | 32.19% | ||
| FCFM | 7.19% |
ROA(3y)19.32%
ROA(5y)18.13%
ROE(3y)37.19%
ROE(5y)35.65%
ROIC(3y)30.54%
ROIC(5y)30.2%
ROICexc(3y)64.47%
ROICexc(5y)61.05%
ROICexgc(3y)64.82%
ROICexgc(5y)61.36%
ROCE(3y)41.22%
ROCE(5y)40.76%
ROICexcg growth 3Y-8.56%
ROICexcg growth 5Y2.64%
ROICexc growth 3Y-8.6%
ROICexc growth 5Y2.66%
OM growth 3Y-5.26%
OM growth 5Y0.34%
PM growth 3Y-3.72%
PM growth 5Y0.57%
GM growth 3Y6.02%
GM growth 5Y-0.6%
F-Score8
Asset Turnover2.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 86.48% | ||
| Cap/Sales | 0.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.28% | ||
| Profit Quality | 95% | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.73 | ||
| Altman-Z | 8 |
F-Score8
WACC8.82%
ROIC/WACC3.51
Cap/Depr(3y)91.91%
Cap/Depr(5y)85.93%
Cap/Sales(3y)0.44%
Cap/Sales(5y)0.41%
Profit Quality(3y)123.17%
Profit Quality(5y)103.12%
High Growth Momentum
Growth
EPS 1Y (TTM)29.11%
EPS 3Y-11.53%
EPS 5Y11.03%
EPS Q2Q%8.06%
EPS Next Y-2.12%
EPS Next 2Y0.07%
EPS Next 3Y2.33%
EPS Next 5Y4.8%
Revenue 1Y (TTM)23.7%
Revenue growth 3Y-13.75%
Revenue growth 5Y5.94%
Sales Q2Q%8.73%
Revenue Next Year2.54%
Revenue Next 2Y1.46%
Revenue Next 3Y1.81%
Revenue Next 5Y3.2%
EBIT growth 1Y30.68%
EBIT growth 3Y-18.29%
EBIT growth 5Y6.31%
EBIT Next Year1.28%
EBIT Next 3Y1.99%
EBIT Next 5Y4.63%
FCF growth 1Y-55.17%
FCF growth 3Y-6.38%
FCF growth 5Y-1.18%
OCF growth 1Y-53.73%
OCF growth 3Y-5.91%
OCF growth 5Y-1.29%