134.33 USD
+2 (+1.51%)
134.45 USD
+0.12 (+0.09%)
ODFL gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 43 industry peers in the Ground Transportation industry. ODFL gets an excellent profitability rating and is at the same time showing great financial health properties. ODFL is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ODFL had positive earnings in the past year.
ODFL had a positive operating cash flow in the past year.
In the past 5 years ODFL has always been profitable.
In the past 5 years ODFL always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ODFL (19.17%) is better than 97.67% of its industry peers.
ODFL's Return On Equity of 24.80% is amongst the best of the industry. ODFL outperforms 93.02% of its industry peers.
With an excellent Return On Invested Capital value of 21.20%, ODFL belongs to the best of the industry, outperforming 97.67% of the companies in the same industry.
ODFL had an Average Return On Invested Capital over the past 3 years of 26.98%. This is significantly above the industry average of 6.88%.
The 3 year average ROIC (26.98%) for ODFL is well above the current ROIC(21.20%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.17% | ||
| ROE | 24.8% | ||
| ROIC | 21.2% |
ROA(3y)24.18%
ROA(5y)21.88%
ROE(3y)31.58%
ROE(5y)28.62%
ROIC(3y)26.98%
ROIC(5y)24.46%
1.3 Margins
ODFL has a better Profit Margin (18.97%) than 83.72% of its industry peers.
ODFL's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 24.95%, ODFL belongs to the best of the industry, outperforming 86.05% of the companies in the same industry.
In the last couple of years the Operating Margin of ODFL has grown nicely.
ODFL has a better Gross Margin (89.56%) than 100.00% of its industry peers.
ODFL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.95% | ||
| PM (TTM) | 18.97% | ||
| GM | 89.56% |
OM growth 3Y0.1%
OM growth 5Y5.91%
PM growth 3Y1.2%
PM growth 5Y6.37%
GM growth 3Y-0.05%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
ODFL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for ODFL has been reduced compared to 1 year ago.
The number of shares outstanding for ODFL has been reduced compared to 5 years ago.
ODFL has a better debt/assets ratio than last year.
2.2 Solvency
ODFL has an Altman-Z score of 16.40. This indicates that ODFL is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ODFL (16.40) is better than 97.67% of its industry peers.
The Debt to FCF ratio of ODFL is 0.09, which is an excellent value as it means it would take ODFL, only 0.09 years of fcf income to pay off all of its debts.
ODFL has a better Debt to FCF ratio (0.09) than 100.00% of its industry peers.
ODFL has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.02, ODFL belongs to the best of the industry, outperforming 90.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 16.4 |
ROIC/WACC1.88
WACC11.25%
2.3 Liquidity
ODFL has a Current Ratio of 1.20. This is a normal value and indicates that ODFL is financially healthy and should not expect problems in meeting its short term obligations.
ODFL has a Current ratio of 1.20. This is comparable to the rest of the industry: ODFL outperforms 55.81% of its industry peers.
ODFL has a Quick Ratio of 1.20. This is a normal value and indicates that ODFL is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.20, ODFL perfoms like the industry average, outperforming 55.81% of the companies in the same industry.
The current and quick ratio evaluation for ODFL is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
ODFL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.11%.
The Earnings Per Share has been growing by 16.53% on average over the past years. This is quite good.
The Revenue has decreased by -5.90% in the past year.
The Revenue has been growing slightly by 7.19% on average over the past years.
EPS 1Y (TTM)-13.11%
EPS 3Y7.23%
EPS 5Y16.53%
EPS Q2Q%-10.49%
Revenue 1Y (TTM)-5.9%
Revenue growth 3Y3.42%
Revenue growth 5Y7.19%
Sales Q2Q%-4.33%
3.2 Future
The Earnings Per Share is expected to grow by 9.26% on average over the next years. This is quite good.
ODFL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.93% yearly.
EPS Next Y-10.44%
EPS Next 2Y-0.95%
EPS Next 3Y4.56%
EPS Next 5Y9.26%
Revenue Next Year-5.46%
Revenue Next 2Y-0.74%
Revenue Next 3Y2.17%
Revenue Next 5Y4.93%
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.
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
A Price/Earnings ratio of 27.03 indicates a quite expensive valuation of ODFL.
ODFL's Price/Earnings ratio is a bit cheaper when compared to the industry. ODFL is cheaper than 62.79% of the companies in the same industry.
ODFL is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 24.99 indicates a rather expensive valuation of ODFL.
The rest of the industry has a similar Price/Forward Earnings ratio as ODFL.
ODFL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 35.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.03 | ||
| Fwd PE | 24.99 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ODFL.
Based on the Price/Free Cash Flow ratio, ODFL is valued a bit cheaper than 79.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.66 | ||
| EV/EBITDA | 16.14 |
4.3 Compensation for Growth
ODFL has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.63
EPS Next 2Y-0.95%
EPS Next 3Y4.56%
5. Dividend
5.1 Amount
With a yearly dividend of 0.89%, ODFL is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.83, ODFL has a dividend in line with its industry peers.
With a Dividend Yield of 0.89, ODFL pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
5.2 History
On average, the dividend of ODFL grows each year by 35.65%, which is quite nice.
ODFL has been paying a dividend for over 5 years, so it has already some track record.
ODFL has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)35.65%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
22.00% of the earnings are spent on dividend by ODFL. This is a low number and sustainable payout ratio.
ODFL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP22%
EPS Next 2Y-0.95%
EPS Next 3Y4.56%
134.33
+2 (+1.51%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners79.5%
Inst Owner Change44.47%
Ins Owners10.11%
Ins Owner Change1.41%
Market Cap28.23B
Revenue(TTM)5.57B
Net Income(TTM)1.06B
Analysts70
Price Target160.34 (19.36%)
Short Float %5.91%
Short Ratio5.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
Yearly Dividend1.04
Dividend Growth(5Y)35.65%
DP22%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.11%
Min EPS beat(2)-3.34%
Max EPS beat(2)3.13%
EPS beat(4)3
Avg EPS beat(4)1.32%
Min EPS beat(4)-3.34%
Max EPS beat(4)3.51%
EPS beat(8)4
Avg EPS beat(8)0.39%
EPS beat(12)6
Avg EPS beat(12)0.48%
EPS beat(16)10
Avg EPS beat(16)1.68%
Revenue beat(2)0
Avg Revenue beat(2)-2.25%
Min Revenue beat(2)-2.71%
Max Revenue beat(2)-1.78%
Revenue beat(4)0
Avg Revenue beat(4)-1.91%
Min Revenue beat(4)-2.71%
Max Revenue beat(4)-1.5%
Revenue beat(8)0
Avg Revenue beat(8)-2.24%
Revenue beat(12)0
Avg Revenue beat(12)-2.61%
Revenue beat(16)2
Avg Revenue beat(16)-2.06%
PT rev (1m)-2.58%
PT rev (3m)-3.08%
EPS NQ rev (1m)-2.58%
EPS NQ rev (3m)-7.13%
EPS NY rev (1m)0.69%
EPS NY rev (3m)-0.87%
Revenue NQ rev (1m)-4.13%
Revenue NQ rev (3m)-5.97%
Revenue NY rev (1m)-0.8%
Revenue NY rev (3m)-1.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.03 | ||
| Fwd PE | 24.99 | ||
| P/S | 5.06 | ||
| P/FCF | 30.66 | ||
| P/OCF | 19.33 | ||
| P/B | 6.62 | ||
| P/tB | 6.62 | ||
| EV/EBITDA | 16.14 |
EPS(TTM)4.97
EY3.7%
EPS(NY)5.38
Fwd EY4%
FCF(TTM)4.38
FCFY3.26%
OCF(TTM)6.95
OCFY5.17%
SpS26.53
BVpS20.28
TBVpS20.28
PEG (NY)N/A
PEG (5Y)1.63
Graham Number47.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.17% | ||
| ROE | 24.8% | ||
| ROCE | 28.01% | ||
| ROIC | 21.2% | ||
| ROICexc | 21.4% | ||
| ROICexgc | 21.4% | ||
| OM | 24.95% | ||
| PM (TTM) | 18.97% | ||
| GM | 89.56% | ||
| FCFM | 16.52% |
ROA(3y)24.18%
ROA(5y)21.88%
ROE(3y)31.58%
ROE(5y)28.62%
ROIC(3y)26.98%
ROIC(5y)24.46%
ROICexc(3y)28.57%
ROICexc(5y)27.14%
ROICexgc(3y)28.57%
ROICexgc(5y)27.14%
ROCE(3y)35.64%
ROCE(5y)32.31%
ROICexgc growth 3Y-5.87%
ROICexgc growth 5Y4.54%
ROICexc growth 3Y-5.87%
ROICexc growth 5Y4.67%
OM growth 3Y0.1%
OM growth 5Y5.91%
PM growth 3Y1.2%
PM growth 5Y6.37%
GM growth 3Y-0.05%
GM growth 5Y0.13%
F-Score5
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.09 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 149.7% | ||
| Cap/Sales | 9.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.4% | ||
| Profit Quality | 87.08% | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 16.4 |
F-Score5
WACC11.25%
ROIC/WACC1.88
Cap/Depr(3y)246.01%
Cap/Depr(5y)207.17%
Cap/Sales(3y)12.85%
Cap/Sales(5y)10.93%
Profit Quality(3y)68.97%
Profit Quality(5y)75.24%
High Growth Momentum
Growth
EPS 1Y (TTM)-13.11%
EPS 3Y7.23%
EPS 5Y16.53%
EPS Q2Q%-10.49%
EPS Next Y-10.44%
EPS Next 2Y-0.95%
EPS Next 3Y4.56%
EPS Next 5Y9.26%
Revenue 1Y (TTM)-5.9%
Revenue growth 3Y3.42%
Revenue growth 5Y7.19%
Sales Q2Q%-4.33%
Revenue Next Year-5.46%
Revenue Next 2Y-0.74%
Revenue Next 3Y2.17%
Revenue Next 5Y4.93%
EBIT growth 1Y-14.73%
EBIT growth 3Y3.52%
EBIT growth 5Y13.53%
EBIT Next Year11.67%
EBIT Next 3Y12.38%
EBIT Next 5Y11.06%
FCF growth 1Y60.95%
FCF growth 3Y10.25%
FCF growth 5Y11.97%
OCF growth 1Y-2.2%
OCF growth 3Y11.02%
OCF growth 5Y11.02%
OLD DOMINION FREIGHT LINE / ODFL FAQ
What is the fundamental rating for ODFL stock?
ChartMill assigns a fundamental rating of 7 / 10 to ODFL.
Can you provide the valuation status for OLD DOMINION FREIGHT LINE?
ChartMill assigns a valuation rating of 4 / 10 to OLD DOMINION FREIGHT LINE (ODFL). This can be considered as Fairly Valued.
What is the profitability of ODFL stock?
OLD DOMINION FREIGHT LINE (ODFL) has a profitability rating of 9 / 10.
What are the PE and PB ratios of OLD DOMINION FREIGHT LINE (ODFL) stock?
The Price/Earnings (PE) ratio for OLD DOMINION FREIGHT LINE (ODFL) is 27.03 and the Price/Book (PB) ratio is 6.62.
What is the expected EPS growth for OLD DOMINION FREIGHT LINE (ODFL) stock?
The Earnings per Share (EPS) of OLD DOMINION FREIGHT LINE (ODFL) is expected to decline by -10.44% in the next year.