SAIA INC (SAIA) Stock Fundamental Analysis
NASDAQ:SAIA - Nasdaq - US78709Y1055 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to SAIA. SAIA was compared to 39 industry peers in the Ground Transportation industry. While SAIA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SAIA is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SAIA was profitable.
In the past year SAIA had a positive cash flow from operations.
Each year in the past 5 years SAIA has been profitable.
Each year in the past 5 years SAIA had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 9.54%, SAIA belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
SAIA has a better Return On Equity (13.61%) than 64.10% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.99%, SAIA belongs to the top of the industry, outperforming 87.18% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SAIA is significantly above the industry average of 8.06%.
The last Return On Invested Capital (10.99%) for SAIA is well below the 3 year average (15.73%), which needs to be investigated, but indicates that SAIA had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.54% | ||
| ROE | 13.61% | ||
| ROIC | 10.99% |
ROA(3y)13.87%
ROA(5y)12.85%
ROE(3y)18.86%
ROE(5y)18.34%
ROIC(3y)15.73%
ROIC(5y)14.87%
1.3 Margins
SAIA has a Profit Margin of 9.91%. This is in the better half of the industry: SAIA outperforms 76.92% of its industry peers.
In the last couple of years the Profit Margin of SAIA has grown nicely.
SAIA has a Operating Margin of 13.53%. This is in the better half of the industry: SAIA outperforms 79.49% of its industry peers.
SAIA's Operating Margin has improved in the last couple of years.
The Gross Margin of SAIA (72.72%) is better than 84.62% of its industry peers.
In the last couple of years the Gross Margin of SAIA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.53% | ||
| PM (TTM) | 9.91% | ||
| GM | 72.72% |
OM growth 3Y1.57%
OM growth 5Y12.17%
PM growth 3Y0.66%
PM growth 5Y12.13%
GM growth 3Y0.27%
GM growth 5Y-0.19%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SAIA is still creating some value.
Compared to 1 year ago, SAIA has about the same amount of shares outstanding.
The number of shares outstanding for SAIA has been increased compared to 5 years ago.
SAIA has a worse debt/assets ratio than last year.
2.2 Solvency
SAIA has an Altman-Z score of 6.44. This indicates that SAIA is financially healthy and has little risk of bankruptcy at the moment.
SAIA has a better Altman-Z score (6.44) than 89.74% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that SAIA is not too dependend on debt financing.
SAIA has a Debt to Equity ratio of 0.12. This is amongst the best in the industry. SAIA outperforms 82.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 6.44 |
ROIC/WACC1.14
WACC9.61%
2.3 Liquidity
A Current Ratio of 1.43 indicates that SAIA should not have too much problems paying its short term obligations.
The Current ratio of SAIA (1.43) is better than 71.79% of its industry peers.
A Quick Ratio of 1.43 indicates that SAIA should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.43, SAIA is in the better half of the industry, outperforming 74.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
SAIA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.12%.
SAIA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.67% yearly.
SAIA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.95%.
The Revenue has been growing by 12.43% on average over the past years. This is quite good.
EPS 1Y (TTM)-13.12%
EPS 3Y12.53%
EPS 5Y25.67%
EPS Q2Q%-44.97%
Revenue 1Y (TTM)8.95%
Revenue growth 3Y11.93%
Revenue growth 5Y12.43%
Sales Q2Q%4.35%
3.2 Future
The Earnings Per Share is expected to grow by 10.54% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.10% on average over the next years.
EPS Next Y-28.82%
EPS Next 2Y-2.91%
EPS Next 3Y5.58%
EPS Next 5Y10.54%
Revenue Next Year1.84%
Revenue Next 2Y4.62%
Revenue Next 3Y5.51%
Revenue Next 5Y7.1%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 21.68, which indicates a rather expensive current valuation of SAIA.
66.67% of the companies in the same industry are more expensive than SAIA, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of SAIA to the average of the S&P500 Index (26.60), we can say SAIA is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 20.41, the valuation of SAIA can be described as rather expensive.
SAIA's Price/Forward Earnings ratio is in line with the industry average.
SAIA is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.68 | ||
| Fwd PE | 20.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SAIA is valued a bit cheaper than the industry average as 61.54% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.93 |
4.3 Compensation for Growth
SAIA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.84
EPS Next 2Y-2.91%
EPS Next 3Y5.58%
5. Dividend
5.1 Amount
SAIA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
259.98
+4.82 (+1.89%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners112.63%
Inst Owner Change2.46%
Ins Owners0.19%
Ins Owner Change4.29%
Market Cap6.92B
Analysts77.04
Price Target303.43 (16.71%)
Short Float %4.81%
Short Ratio1.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-17.06%
Min EPS beat(2)-33.92%
Max EPS beat(2)-0.21%
EPS beat(4)0
Avg EPS beat(4)-11.08%
Min EPS beat(4)-33.92%
Max EPS beat(4)-0.21%
EPS beat(8)2
Avg EPS beat(8)-5.53%
EPS beat(12)4
Avg EPS beat(12)-3.16%
EPS beat(16)8
Avg EPS beat(16)0.77%
Revenue beat(2)0
Avg Revenue beat(2)-3.22%
Min Revenue beat(2)-4.79%
Max Revenue beat(2)-1.66%
Revenue beat(4)0
Avg Revenue beat(4)-2.62%
Min Revenue beat(4)-4.79%
Max Revenue beat(4)-1.66%
Revenue beat(8)1
Avg Revenue beat(8)-2.17%
Revenue beat(12)2
Avg Revenue beat(12)-1.9%
Revenue beat(16)6
Avg Revenue beat(16)-0.81%
PT rev (1m)-32.98%
PT rev (3m)-43.02%
EPS NQ rev (1m)-0.09%
EPS NQ rev (3m)-41%
EPS NY rev (1m)-35.37%
EPS NY rev (3m)-38.27%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-7.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.68 | ||
| Fwd PE | 20.41 | ||
| P/S | 2.14 | ||
| P/FCF | N/A | ||
| P/OCF | 11.81 | ||
| P/B | 2.93 | ||
| P/tB | 2.95 | ||
| EV/EBITDA | 10.93 |
EPS(TTM)11.99
EY4.61%
EPS(NY)12.74
Fwd EY4.9%
FCF(TTM)-7.62
FCFYN/A
OCF(TTM)22.02
OCFY8.47%
SpS121.74
BVpS88.64
TBVpS88.03
PEG (NY)N/A
PEG (5Y)0.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.54% | ||
| ROE | 13.61% | ||
| ROCE | 14.44% | ||
| ROIC | 10.99% | ||
| ROICexc | 11.05% | ||
| ROICexgc | 11.11% | ||
| OM | 13.53% | ||
| PM (TTM) | 9.91% | ||
| GM | 72.72% | ||
| FCFM | N/A |
ROA(3y)13.87%
ROA(5y)12.85%
ROE(3y)18.86%
ROE(5y)18.34%
ROIC(3y)15.73%
ROIC(5y)14.87%
ROICexc(3y)17.22%
ROICexc(5y)16.06%
ROICexgc(3y)17.38%
ROICexgc(5y)16.23%
ROCE(3y)20.67%
ROCE(5y)19.54%
ROICexcg growth 3Y-10.36%
ROICexcg growth 5Y5.2%
ROICexc growth 3Y-10.13%
ROICexc growth 5Y5.47%
OM growth 3Y1.57%
OM growth 5Y12.17%
PM growth 3Y0.66%
PM growth 5Y12.13%
GM growth 3Y0.27%
GM growth 5Y-0.19%
F-Score5
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.44 | ||
| Cap/Depr | 358.28% | ||
| Cap/Sales | 24.35% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 88.98% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z | 6.44 |
F-Score5
WACC9.61%
ROIC/WACC1.14
Cap/Depr(3y)325.45%
Cap/Depr(5y)269.91%
Cap/Sales(3y)20.31%
Cap/Sales(5y)17.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-13.12%
EPS 3Y12.53%
EPS 5Y25.67%
EPS Q2Q%-44.97%
EPS Next Y-28.82%
EPS Next 2Y-2.91%
EPS Next 3Y5.58%
EPS Next 5Y10.54%
Revenue 1Y (TTM)8.95%
Revenue growth 3Y11.93%
Revenue growth 5Y12.43%
Sales Q2Q%4.35%
Revenue Next Year1.84%
Revenue Next 2Y4.62%
Revenue Next 3Y5.51%
Revenue Next 5Y7.1%
EBIT growth 1Y-8.67%
EBIT growth 3Y13.69%
EBIT growth 5Y26.1%
EBIT Next Year22.66%
EBIT Next 3Y21%
EBIT Next 5Y18.38%
FCF growth 1Y-533.71%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y18.14%
OCF growth 3Y15.12%
OCF growth 5Y16.42%