KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Fundamental Analysis
NYSE:KNX - US4990491049 - Common Stock
43.11 USD
-1 (-2.27%)
43.11 USD
0 (0%)
KNX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 41 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
KNX had positive earnings in the past year.
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 in line with its industry peers.
KNX has a Return On Equity of 2.31%. This is comparable to the rest of the industry: KNX outperforms 41.46% of its industry peers.
With a Return On Invested Capital value of 2.05%, KNX perfoms like the industry average, outperforming 43.90% of the companies in the same industry.
KNX had an Average Return On Invested Capital over the past 3 years of 3.90%. This is below the industry average of 7.92%.
| 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
With a Profit Margin value of 2.22%, KNX perfoms like the industry average, outperforming 43.90% 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 78.05% 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.
The number of shares outstanding for KNX has been increased compared to 1 year ago.
The number of shares outstanding for KNX has been reduced compared to 5 years ago.
Compared to 1 year ago, KNX has a worse debt to assets ratio.
2.2 Solvency
KNX has an Altman-Z score of 1.74. This is a bad value and indicates that KNX is not financially healthy and even has some risk of bankruptcy.
KNX has a Altman-Z score (1.74) which is in line with its industry peers.
The Debt to FCF ratio of KNX is 75.13, which is on the high side as it means it would take KNX, 75.13 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 75.13, KNX is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
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 | 1.74 |
ROIC/WACC0.22
WACC9.34%
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.
The Current ratio of KNX (0.89) is worse than 65.85% of its industry peers.
A Quick Ratio of 0.89 indicates that KNX may have some problems paying its short term obligations.
With a Quick ratio value of 0.89, KNX is not doing good in the industry: 63.41% of the companies in the same industry are doing better.
| 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 54.65% over the past year.
Measured over the past years, KNX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.27% on average per year.
The Revenue has decreased by -2.54% in the past year.
Measured over the past years, KNX shows a quite strong growth in Revenue. The Revenue has been growing by 8.87% on average per year.
EPS 1Y (TTM)54.65%
EPS 3Y-39.22%
EPS 5Y-13.27%
EPS Q2Q%45.83%
Revenue 1Y (TTM)-2.54%
Revenue growth 3Y7.3%
Revenue growth 5Y8.87%
Sales Q2Q%0.83%
3.2 Future
The Earnings Per Share is expected to grow by 31.58% on average over the next years. This is a very strong growth
Based on estimates for the next years, KNX will show a small growth in Revenue. The Revenue will grow by 4.21% on average per year.
EPS Next Y39.89%
EPS Next 2Y53.07%
EPS Next 3Y51.72%
EPS Next 5Y31.58%
Revenue Next Year1.11%
Revenue Next 2Y3.84%
Revenue Next 3Y4.98%
Revenue Next 5Y4.21%
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
With a Price/Earnings ratio of 32.41, KNX can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of KNX is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.06, KNX is valued at the same level.
KNX is valuated rather expensively with a Price/Forward Earnings ratio of 17.36.
Based on the Price/Forward Earnings ratio, KNX is valued a bit cheaper than 70.73% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.69. KNX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.41 | ||
| Fwd PE | 17.36 |
4.2 Price Multiples
70.73% of the companies in the same industry are more expensive than KNX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, KNX is valued a bit cheaper than 60.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 188.14 | ||
| EV/EBITDA | 9.09 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KNX's earnings are expected to grow with 51.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.81
PEG (5Y)N/A
EPS Next 2Y53.07%
EPS Next 3Y51.72%
5. Dividend
5.1 Amount
KNX has a Yearly Dividend Yield of 1.63%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.57, KNX pays a better dividend. On top of this KNX pays more dividend than 80.49% of the companies listed in the same industry.
KNX's Dividend Yield is slightly below the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.63% |
5.2 History
On average, the dividend of KNX grows each year by 21.76%, which is quite nice.
KNX has paid a dividend for at least 10 years, which is 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 2Y53.07%
EPS Next 3Y51.72%
43.11
-1 (-2.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners95.68%
Inst Owner Change3.38%
Ins Owners3.13%
Ins Owner Change0.57%
Market Cap7.00B
Analysts75.38
Price Target54.16 (25.63%)
Short Float %4.39%
Short Ratio2.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.63% |
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)1.31%
PT rev (3m)3.74%
EPS NQ rev (1m)-1.4%
EPS NQ rev (3m)-31.83%
EPS NY rev (1m)-1.27%
EPS NY rev (3m)-2.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.17%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.41 | ||
| Fwd PE | 17.36 | ||
| P/S | 0.94 | ||
| P/FCF | 188.14 | ||
| P/OCF | 8.59 | ||
| P/B | 0.98 | ||
| P/tB | 6.12 | ||
| EV/EBITDA | 9.09 |
EPS(TTM)1.33
EY3.09%
EPS(NY)2.48
Fwd EY5.76%
FCF(TTM)0.23
FCFY0.53%
OCF(TTM)5.02
OCFY11.64%
SpS45.76
BVpS43.9
TBVpS7.05
PEG (NY)0.81
PEG (5Y)N/A
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%
ROICexcg growth 3Y-42.4%
ROICexcg 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 | 1.74 |
F-Score7
WACC9.34%
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)54.65%
EPS 3Y-39.22%
EPS 5Y-13.27%
EPS Q2Q%45.83%
EPS Next Y39.89%
EPS Next 2Y53.07%
EPS Next 3Y51.72%
EPS Next 5Y31.58%
Revenue 1Y (TTM)-2.54%
Revenue growth 3Y7.3%
Revenue growth 5Y8.87%
Sales Q2Q%0.83%
Revenue Next Year1.11%
Revenue Next 2Y3.84%
Revenue Next 3Y4.98%
Revenue Next 5Y4.21%
EBIT growth 1Y48.08%
EBIT growth 3Y-38.86%
EBIT growth 5Y-12.46%
EBIT Next Year227%
EBIT Next 3Y67.73%
EBIT Next 5Y38.47%
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%