KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Fundamental Analysis
USA - NYSE:KNX - US4990491049 - Common Stock
45.1 USD
-0.23 (-0.51%)
45.1 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to KNX. KNX was compared to 42 industry peers in the Ground Transportation industry. While KNX is still in line with the averages on profitability rating, there are concerns on its financial health. KNX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KNX was profitable.
KNX had a positive operating cash flow in the past year.
In the past 5 years KNX has always been profitable.
Each year in the past 5 years KNX had a positive operating cash flow.
1.2 Ratios
KNX has a Return On Assets (1.32%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 2.31%, KNX is in line with its industry, outperforming 45.24% of the companies in the same industry.
KNX's Return On Invested Capital of 2.05% is in line compared to the rest of the industry. KNX outperforms 47.62% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KNX is below the industry average of 7.72%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 2.31% | ||
| ROIC | 2.05% |
ROA(3y)3.22%
ROA(5y)4.29%
ROE(3y)5.27%
ROE(5y)6.84%
ROIC(3y)3.9%
ROIC(5y)5.25%
1.3 Margins
Looking at the Profit Margin, with a value of 2.22%, KNX is in line with its industry, outperforming 47.62% of the companies in the same industry.
KNX's Profit Margin has declined in the last couple of years.
KNX has a Operating Margin (3.82%) which is in line with its industry peers.
KNX's Operating Margin has declined in the last couple of years.
The Gross Margin of KNX (66.06%) is better than 78.57% of its industry peers.
KNX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.82% | ||
| PM (TTM) | 2.22% | ||
| GM | 66.06% |
OM growth 3Y-43.02%
OM growth 5Y-19.6%
PM growth 3Y-49.59%
PM growth 5Y-24.29%
GM growth 3Y0.74%
GM growth 5Y1.66%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KNX is destroying value.
KNX has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, KNX has less shares outstanding
KNX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.76, we must say that KNX is in the distress zone and has some risk of bankruptcy.
KNX has a Altman-Z score (1.76) which is comparable to the rest of the industry.
KNX has a debt to FCF ratio of 75.13. This is a negative value and a sign of low solvency as KNX would need 75.13 years to pay back of all of its debts.
The Debt to FCF ratio of KNX (75.13) is better than 61.90% of its industry peers.
A Debt/Equity ratio of 0.30 indicates that KNX is not too dependend on debt financing.
KNX has a Debt to Equity ratio (0.30) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 75.13 | ||
| Altman-Z | 1.76 |
ROIC/WACC0.22
WACC9.25%
2.3 Liquidity
KNX has a Current Ratio of 0.89. This is a bad value and indicates that KNX is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.89, KNX is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
A Quick Ratio of 0.89 indicates that KNX may have some problems paying its short term obligations.
The Quick ratio of KNX (0.89) is worse than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 65.82% over the past year.
KNX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.27% yearly.
Looking at the last year, KNX shows a decrease in Revenue. The Revenue has decreased by 0.00% in the last year.
KNX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.87% yearly.
EPS 1Y (TTM)65.82%
EPS 3Y-39.22%
EPS 5Y-13.27%
EPS Q2Q%-5.88%
Revenue 1Y (TTM)0%
Revenue growth 3Y7.3%
Revenue growth 5Y8.87%
Sales Q2Q%2.68%
3.2 Future
KNX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.09% yearly.
The Revenue is expected to grow by 4.35% on average over the next years.
EPS Next Y32.8%
EPS Next 2Y41.97%
EPS Next 3Y44.53%
EPS Next 5Y32.09%
Revenue Next Year0.89%
Revenue Next 2Y3.31%
Revenue Next 3Y4.33%
Revenue Next 5Y4.35%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
KNX is valuated quite expensively with a Price/Earnings ratio of 34.43.
The rest of the industry has a similar Price/Earnings ratio as KNX.
KNX is valuated rather expensively when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
KNX is valuated rather expensively with a Price/Forward Earnings ratio of 21.11.
64.29% of the companies in the same industry are more expensive than KNX, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.09. KNX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.43 | ||
| Fwd PE | 21.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KNX is valued a bit cheaper than 71.43% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KNX is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 196.83 | ||
| EV/EBITDA | 9.24 |
4.3 Compensation for Growth
KNX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as KNX's earnings are expected to grow with 44.53% in the coming years.
PEG (NY)1.05
PEG (5Y)N/A
EPS Next 2Y41.97%
EPS Next 3Y44.53%
5. Dividend
5.1 Amount
KNX has a Yearly Dividend Yield of 1.59%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.65, KNX pays a bit more dividend than its industry peers.
KNX's Dividend Yield is slightly below the S&P500 average, which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
5.2 History
On average, the dividend of KNX grows each year by 21.76%, which is quite nice.
KNX has been paying a dividend for at least 10 years, so it has a reliable track record.
As KNX did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)21.76%
Div Incr Years5
Div Non Decr Years6
5.3 Sustainability
KNX pays out 67.21% of its income as dividend. This is not a sustainable payout ratio.
The dividend of KNX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP67.21%
EPS Next 2Y41.97%
EPS Next 3Y44.53%
45.1
-0.23 (-0.51%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners99.78%
Inst Owner Change0.28%
Ins Owners3.11%
Ins Owner Change0.13%
Market Cap7.32B
Revenue(TTM)7.48B
Net Income(TTM)164.84M
Analysts73.6
Price Target53.2 (17.96%)
Short Float %5.58%
Short Ratio2.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
Yearly Dividend0.64
Dividend Growth(5Y)21.76%
DP67.21%
Div Incr Years5
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.13%
Min EPS beat(2)4.01%
Max EPS beat(2)8.25%
EPS beat(4)4
Avg EPS beat(4)6.53%
Min EPS beat(4)4.01%
Max EPS beat(4)9.28%
EPS beat(8)5
Avg EPS beat(8)-12.02%
EPS beat(12)5
Avg EPS beat(12)-11.3%
EPS beat(16)9
Avg EPS beat(16)-5.89%
Revenue beat(2)0
Avg Revenue beat(2)-0.89%
Min Revenue beat(2)-1.59%
Max Revenue beat(2)-0.2%
Revenue beat(4)0
Avg Revenue beat(4)-1.6%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)-0.2%
Revenue beat(8)1
Avg Revenue beat(8)-0.57%
Revenue beat(12)2
Avg Revenue beat(12)-1.13%
Revenue beat(16)6
Avg Revenue beat(16)0.32%
PT rev (1m)-1.98%
PT rev (3m)-0.49%
EPS NQ rev (1m)-6.59%
EPS NQ rev (3m)-7.01%
EPS NY rev (1m)-4.99%
EPS NY rev (3m)-6.27%
Revenue NQ rev (1m)-0.36%
Revenue NQ rev (3m)-1.08%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.43 | ||
| Fwd PE | 21.11 | ||
| P/S | 0.99 | ||
| P/FCF | 196.83 | ||
| P/OCF | 8.99 | ||
| P/B | 1.03 | ||
| P/tB | 6.4 | ||
| EV/EBITDA | 9.24 |
EPS(TTM)1.31
EY2.9%
EPS(NY)2.14
Fwd EY4.74%
FCF(TTM)0.23
FCFY0.51%
OCF(TTM)5.02
OCFY11.12%
SpS45.76
BVpS43.9
TBVpS7.05
PEG (NY)1.05
PEG (5Y)N/A
Graham Number35.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 2.31% | ||
| ROCE | 2.61% | ||
| ROIC | 2.05% | ||
| ROICexc | 2.1% | ||
| ROICexgc | 4.76% | ||
| OM | 3.82% | ||
| PM (TTM) | 2.22% | ||
| GM | 66.06% | ||
| FCFM | 0.5% |
ROA(3y)3.22%
ROA(5y)4.29%
ROE(3y)5.27%
ROE(5y)6.84%
ROIC(3y)3.9%
ROIC(5y)5.25%
ROICexc(3y)3.98%
ROICexc(5y)5.37%
ROICexgc(3y)8.67%
ROICexgc(5y)12.23%
ROCE(3y)4.95%
ROCE(5y)6.67%
ROICexgc growth 3Y-42.4%
ROICexgc growth 5Y-21.09%
ROICexc growth 3Y-41.74%
ROICexc growth 5Y-19.4%
OM growth 3Y-43.02%
OM growth 5Y-19.6%
PM growth 3Y-49.59%
PM growth 5Y-24.29%
GM growth 3Y0.74%
GM growth 5Y1.66%
F-Score7
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 75.13 | ||
| Debt/EBITDA | 1.96 | ||
| Cap/Depr | 98.68% | ||
| Cap/Sales | 10.46% | ||
| Interest Coverage | 1.75 | ||
| Cash Conversion | 75.99% | ||
| Profit Quality | 22.56% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 1.76 |
F-Score7
WACC9.25%
ROIC/WACC0.22
Cap/Depr(3y)123.48%
Cap/Depr(5y)113.14%
Cap/Sales(3y)12.28%
Cap/Sales(5y)11.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)65.82%
EPS 3Y-39.22%
EPS 5Y-13.27%
EPS Q2Q%-5.88%
EPS Next Y32.8%
EPS Next 2Y41.97%
EPS Next 3Y44.53%
EPS Next 5Y32.09%
Revenue 1Y (TTM)0%
Revenue growth 3Y7.3%
Revenue growth 5Y8.87%
Sales Q2Q%2.68%
Revenue Next Year0.89%
Revenue Next 2Y3.31%
Revenue Next 3Y4.33%
Revenue Next 5Y4.35%
EBIT growth 1Y48.08%
EBIT growth 3Y-38.86%
EBIT growth 5Y-12.46%
EBIT Next Year227%
EBIT Next 3Y65.92%
EBIT Next 5Y37.83%
FCF growth 1Y-91.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-43.38%
OCF growth 3Y-12.44%
OCF growth 5Y-0.98%
KNIGHT-SWIFT TRANSPORTATION / KNX FAQ
What is the fundamental rating for KNX stock?
ChartMill assigns a fundamental rating of 4 / 10 to KNX.
What is the valuation status of KNIGHT-SWIFT TRANSPORTATION (KNX) stock?
ChartMill assigns a valuation rating of 4 / 10 to KNIGHT-SWIFT TRANSPORTATION (KNX). This can be considered as Fairly Valued.
Can you provide the profitability details for KNIGHT-SWIFT TRANSPORTATION?
KNIGHT-SWIFT TRANSPORTATION (KNX) has a profitability rating of 4 / 10.
What is the financial health of KNIGHT-SWIFT TRANSPORTATION (KNX) stock?
The financial health rating of KNIGHT-SWIFT TRANSPORTATION (KNX) is 2 / 10.
What is the expected EPS growth for KNIGHT-SWIFT TRANSPORTATION (KNX) stock?
The Earnings per Share (EPS) of KNIGHT-SWIFT TRANSPORTATION (KNX) is expected to grow by 32.8% in the next year.