KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Fundamental Analysis
USA - NYSE:KNX - US4990491049 - Common Stock
39.65 USD
+0.52 (+1.33%)
39.65 USD
0 (0%)
KNX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 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 has a correct valuation and a medium 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
The Return On Assets of KNX (1.32%) is comparable to the rest of the industry.
KNX has a Return On Equity (2.31%) which is comparable to the rest of the industry.
KNX has a Return On Invested Capital (2.05%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KNX 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
KNX's Profit Margin of 2.22% is in line compared to the rest of the industry. KNX outperforms 45.24% of its industry peers.
In the last couple of years the Profit Margin of KNX has declined.
KNX's Operating Margin of 3.82% is in line compared to the rest of the industry. KNX outperforms 50.00% of its industry peers.
In the last couple of years the Operating Margin of KNX has declined.
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
KNX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for KNX has been increased compared to 1 year ago.
KNX has less shares outstanding than it did 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 1.66. 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 of 1.66. This is comparable to the rest of the industry: KNX outperforms 42.86% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 75.13, KNX is in the better half of the industry, outperforming 61.90% 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 of 0.30. This is comparable to the rest of the industry: KNX outperforms 54.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 75.13 | ||
| Altman-Z | 1.66 |
ROIC/WACC0.22
WACC9.36%
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.
KNX has a Current ratio of 0.89. This is in the lower half of the industry: KNX underperforms 64.29% of its industry peers.
KNX has a Quick 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.
Looking at the Quick ratio, with a value of 0.89, KNX is doing worse than 61.90% of the companies in the same industry.
| 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.
KNX shows a decrease in Revenue. In the last year, the revenue decreased by -2.54%.
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)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 32.09% 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 4.22% on average per year.
EPS Next Y39.77%
EPS Next 2Y51%
EPS Next 3Y48.16%
EPS Next 5Y32.09%
Revenue Next Year1%
Revenue Next 2Y3.61%
Revenue Next 3Y4.61%
Revenue Next 5Y4.22%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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
The Price/Earnings ratio is 29.81, which means the current valuation is very expensive for KNX.
KNX's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.32, KNX is valued at the same level.
With a Price/Forward Earnings ratio of 16.41, KNX is valued correctly.
76.19% of the companies in the same industry are more expensive than KNX, based on the Price/Forward Earnings ratio.
KNX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.81 | ||
| Fwd PE | 16.41 |
4.2 Price Multiples
KNX's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. KNX is cheaper than 71.43% of the companies in the same industry.
61.90% of the companies in the same industry are more expensive than KNX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 173.04 | ||
| EV/EBITDA | 8.41 |
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 48.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.75
PEG (5Y)N/A
EPS Next 2Y51%
EPS Next 3Y48.16%
5. Dividend
5.1 Amount
KNX has a Yearly Dividend Yield of 1.84%.
KNX's Dividend Yield is rather good when compared to the industry average which is at 1.62. KNX pays more dividend than 80.95% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.42, KNX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
5.2 History
The dividend of KNX is nicely growing with an annual growth rate of 21.76%!
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
67.21% of the earnings are spent on dividend by KNX. This is not a sustainable payout ratio.
KNX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP67.21%
EPS Next 2Y51%
EPS Next 3Y48.16%
39.65
+0.52 (+1.33%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners99.78%
Inst Owner Change3.38%
Ins Owners3.11%
Ins Owner Change0.13%
Market Cap6.44B
Analysts75.38
Price Target54.28 (36.9%)
Short Float %3.89%
Short Ratio2.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
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)0.22%
PT rev (3m)2.97%
EPS NQ rev (1m)0.29%
EPS NQ rev (3m)-3.48%
EPS NY rev (1m)-0.08%
EPS NY rev (3m)-3%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-0.52%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.81 | ||
| Fwd PE | 16.41 | ||
| P/S | 0.87 | ||
| P/FCF | 173.04 | ||
| P/OCF | 7.9 | ||
| P/B | 0.9 | ||
| P/tB | 5.63 | ||
| EV/EBITDA | 8.41 |
EPS(TTM)1.33
EY3.35%
EPS(NY)2.42
Fwd EY6.1%
FCF(TTM)0.23
FCFY0.58%
OCF(TTM)5.02
OCFY12.65%
SpS45.76
BVpS43.9
TBVpS7.05
PEG (NY)0.75
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 | 1.66 |
F-Score7
WACC9.36%
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 Y39.77%
EPS Next 2Y51%
EPS Next 3Y48.16%
EPS Next 5Y32.09%
Revenue 1Y (TTM)-2.54%
Revenue growth 3Y7.3%
Revenue growth 5Y8.87%
Sales Q2Q%0.83%
Revenue Next Year1%
Revenue Next 2Y3.61%
Revenue Next 3Y4.61%
Revenue Next 5Y4.22%
EBIT growth 1Y48.08%
EBIT growth 3Y-38.86%
EBIT growth 5Y-12.46%
EBIT Next Year227%
EBIT Next 3Y65.92%
EBIT Next 5Y38.18%
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%