ARCBEST CORP (ARCB) Stock Fundamental Analysis
NASDAQ:ARCB - Nasdaq - US03937C1053 - Common Stock
ARCB gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 38 industry peers in the Ground Transportation industry. ARCB gets an excellent profitability rating and is at the same time showing great financial health properties. ARCB is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ARCB had positive earnings in the past year.
ARCB had a positive operating cash flow in the past year.
Each year in the past 5 years ARCB has been profitable.
In the past 5 years ARCB always reported a positive cash flow from operatings.
1.2 Ratios
ARCB's Return On Assets of 8.02% is fine compared to the rest of the industry. ARCB outperforms 71.05% of its industry peers.
ARCB's Return On Equity of 14.82% is fine compared to the rest of the industry. ARCB outperforms 60.53% of its industry peers.
ARCB has a better Return On Invested Capital (12.10%) than 89.47% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ARCB is significantly above the industry average of 7.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.02% | ||
| ROE | 14.82% | ||
| ROIC | 12.1% |
ROA(3y)9.98%
ROA(5y)7.27%
ROE(3y)21.54%
ROE(5y)15.69%
ROIC(3y)13.45%
ROIC(5y)10.27%
1.3 Margins
ARCB has a Profit Margin of 4.54%. This is comparable to the rest of the industry: ARCB outperforms 52.63% of its industry peers.
In the last couple of years the Profit Margin of ARCB has grown nicely.
ARCB has a Operating Margin of 6.53%. This is comparable to the rest of the industry: ARCB outperforms 52.63% of its industry peers.
In the last couple of years the Operating Margin of ARCB has remained more or less at the same level.
ARCB has a Gross Margin of 85.74%. This is amongst the best in the industry. ARCB outperforms 97.37% of its industry peers.
ARCB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.53% | ||
| PM (TTM) | 4.54% | ||
| GM | 85.74% |
OM growth 3Y14.12%
OM growth 5Y0.46%
PM growth 3Y22.21%
PM growth 5Y15.27%
GM growth 3Y2.85%
GM growth 5Y1.63%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ARCB is creating some value.
The number of shares outstanding for ARCB has been reduced compared to 1 year ago.
ARCB has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ARCB has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.25 indicates that ARCB is not in any danger for bankruptcy at the moment.
ARCB has a better Altman-Z score (4.25) than 84.21% of its industry peers.
ARCB has a debt to FCF ratio of 2.22. This is a good value and a sign of high solvency as ARCB would need 2.22 years to pay back of all of its debts.
ARCB's Debt to FCF ratio of 2.22 is amongst the best of the industry. ARCB outperforms 84.21% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that ARCB is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.09, ARCB is doing good in the industry, outperforming 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 4.25 |
ROIC/WACC1.4
WACC8.63%
2.3 Liquidity
A Current Ratio of 1.04 indicates that ARCB should not have too much problems paying its short term obligations.
ARCB has a Current ratio (1.04) which is in line with its industry peers.
ARCB has a Quick Ratio of 1.04. This is a normal value and indicates that ARCB is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of ARCB (1.04) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
ARCB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.71%.
The Earnings Per Share has been growing by 15.40% on average over the past years. This is quite good.
ARCB shows a decrease in Revenue. In the last year, the revenue decreased by -6.88%.
ARCB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.43% yearly.
EPS 1Y (TTM)-5.71%
EPS 3Y34.87%
EPS 5Y15.4%
EPS Q2Q%-29%
Revenue 1Y (TTM)-6.88%
Revenue growth 3Y14.62%
Revenue growth 5Y7.43%
Sales Q2Q%-5.78%
3.2 Future
The Earnings Per Share is expected to grow by 11.80% on average over the next years. This is quite good.
ARCB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.95% yearly.
EPS Next Y-23.45%
EPS Next 2Y0.48%
EPS Next 3Y11.25%
EPS Next 5Y11.8%
Revenue Next Year-5.52%
Revenue Next 2Y-0.62%
Revenue Next 3Y2.22%
Revenue Next 5Y1.95%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
The Price/Earnings ratio is 13.47, which indicates a correct valuation of ARCB.
Based on the Price/Earnings ratio, ARCB is valued cheaply inside the industry as 86.84% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ARCB to the average of the S&P500 Index (28.29), we can say ARCB is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.55, ARCB is valued correctly.
86.84% of the companies in the same industry are more expensive than ARCB, based on the Price/Forward Earnings ratio.
ARCB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.47 | ||
| Fwd PE | 12.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ARCB is valued cheaper than 92.11% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ARCB indicates a somewhat cheap valuation: ARCB is cheaper than 73.68% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.87 | ||
| EV/EBITDA | 5.4 |
4.3 Compensation for Growth
ARCB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.87
EPS Next 2Y0.48%
EPS Next 3Y11.25%
5. Dividend
5.1 Amount
With a yearly dividend of 0.47%, ARCB is not a good candidate for dividend investing.
ARCB's Dividend Yield is comparable with the industry average which is at 1.27.
Compared to an average S&P500 Dividend Yield of 2.28, ARCB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.47% |
5.2 History
The dividend of ARCB is nicely growing with an annual growth rate of 8.58%!
ARCB has been paying a dividend for at least 10 years, so it has a reliable track record.
ARCB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.58%
Div Incr Years3
Div Non Decr Years14
5.3 Sustainability
ARCB pays out 5.85% of its income as dividend. This is a sustainable payout ratio.
ARCB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP5.85%
EPS Next 2Y0.48%
EPS Next 3Y11.25%
ARCBEST CORP
NASDAQ:ARCB (1/21/2025, 8:00:00 PM)
After market: 100.11 0 (0%)100.11
-0.08 (-0.08%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners104.89%
Inst Owner Change-0.08%
Ins Owners1.08%
Ins Owner Change-1.63%
Market Cap2.35B
Analysts74.74
Price Target124.78 (24.64%)
Short Float %6.9%
Short Ratio5.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.47% |
Yearly Dividend0.48
Dividend Growth(5Y)8.58%
DP5.85%
Div Incr Years3
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8.87%
Min EPS beat(2)-11.93%
Max EPS beat(2)-5.81%
EPS beat(4)1
Avg EPS beat(4)-5.53%
Min EPS beat(4)-14%
Max EPS beat(4)9.61%
EPS beat(8)2
Avg EPS beat(8)-2.98%
EPS beat(12)6
Avg EPS beat(12)3.81%
EPS beat(16)10
Avg EPS beat(16)8.84%
Revenue beat(2)1
Avg Revenue beat(2)-1.19%
Min Revenue beat(2)-2.47%
Max Revenue beat(2)0.08%
Revenue beat(4)1
Avg Revenue beat(4)-1.43%
Min Revenue beat(4)-2.47%
Max Revenue beat(4)0.08%
Revenue beat(8)1
Avg Revenue beat(8)-2.59%
Revenue beat(12)2
Avg Revenue beat(12)-2.42%
Revenue beat(16)5
Avg Revenue beat(16)-1.81%
PT rev (1m)0.41%
PT rev (3m)-4.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-60.72%
EPS NY rev (1m)0%
EPS NY rev (3m)-17.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.57%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-2.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.47 | ||
| Fwd PE | 12.55 | ||
| P/S | 0.55 | ||
| P/FCF | 28.87 | ||
| P/OCF | 6.59 | ||
| P/B | 1.8 | ||
| P/tB | 2.58 | ||
| EV/EBITDA | 5.4 |
EPS(TTM)7.43
EY7.42%
EPS(NY)7.98
Fwd EY7.97%
FCF(TTM)3.47
FCFY3.46%
OCF(TTM)15.19
OCFY15.18%
SpS181.88
BVpS55.72
TBVpS38.82
PEG (NY)N/A
PEG (5Y)0.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.02% | ||
| ROE | 14.82% | ||
| ROCE | 15.93% | ||
| ROIC | 12.1% | ||
| ROICexc | 13.58% | ||
| ROICexgc | 18.22% | ||
| OM | 6.53% | ||
| PM (TTM) | 4.54% | ||
| GM | 85.74% | ||
| FCFM | 1.91% |
ROA(3y)9.98%
ROA(5y)7.27%
ROE(3y)21.54%
ROE(5y)15.69%
ROIC(3y)13.45%
ROIC(5y)10.27%
ROICexc(3y)15.54%
ROICexc(5y)12.36%
ROICexgc(3y)22.24%
ROICexgc(5y)16.97%
ROCE(3y)17.71%
ROCE(5y)13.52%
ROICexcg growth 3Y11.82%
ROICexcg growth 5Y-5.87%
ROICexc growth 3Y7.61%
ROICexc growth 5Y-6.51%
OM growth 3Y14.12%
OM growth 5Y0.46%
PM growth 3Y22.21%
PM growth 5Y15.27%
GM growth 3Y2.85%
GM growth 5Y1.63%
F-Score7
Asset Turnover1.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 2.22 | ||
| Debt/EBITDA | 0.28 | ||
| Cap/Depr | 186.94% | ||
| Cap/Sales | 6.45% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.74% | ||
| Profit Quality | 41.99% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 4.25 |
F-Score7
WACC8.63%
ROIC/WACC1.4
Cap/Depr(3y)113.52%
Cap/Depr(5y)96.03%
Cap/Sales(3y)3.44%
Cap/Sales(5y)3.14%
Profit Quality(3y)87.76%
Profit Quality(5y)128.43%
High Growth Momentum
Growth
EPS 1Y (TTM)-5.71%
EPS 3Y34.87%
EPS 5Y15.4%
EPS Q2Q%-29%
EPS Next Y-23.45%
EPS Next 2Y0.48%
EPS Next 3Y11.25%
EPS Next 5Y11.8%
Revenue 1Y (TTM)-6.88%
Revenue growth 3Y14.62%
Revenue growth 5Y7.43%
Sales Q2Q%-5.78%
Revenue Next Year-5.52%
Revenue Next 2Y-0.62%
Revenue Next 3Y2.22%
Revenue Next 5Y1.95%
EBIT growth 1Y61.62%
EBIT growth 3Y30.8%
EBIT growth 5Y7.93%
EBIT Next Year44.14%
EBIT Next 3Y23.11%
EBIT Next 5YN/A
FCF growth 1Y-74.96%
FCF growth 3Y-15.32%
FCF growth 5Y-14.83%
OCF growth 1Y-18.18%
OCF growth 3Y16.07%
OCF growth 5Y4.76%