COVENANT LOGISTICS GROUP INC (CVLG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CVLG - US22284P1057 - Common Stock
25.89 USD
-0.23 (-0.88%)
25.89 USD
0 (0%)
CVLG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 42 industry peers in the Ground Transportation industry. There are concerns on the financial health of CVLG while its profitability can be described as average. CVLG is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year CVLG was profitable.
- In the past year CVLG had a positive cash flow from operations.
- CVLG had positive earnings in 4 of the past 5 years.
- In the past 5 years CVLG always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.14%, CVLG is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
- CVLG has a Return On Equity (7.60%) which is comparable to the rest of the industry.
- With a Return On Invested Capital value of 3.27%, CVLG perfoms like the industry average, outperforming 54.76% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for CVLG is in line with the industry average of 6.93%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 7.6% | ||
| ROIC | 3.27% |
ROA(3y)7.68%
ROA(5y)5.21%
ROE(3y)16.9%
ROE(5y)10.67%
ROIC(3y)6.14%
ROIC(5y)5.88%
1.3 Margins
- CVLG has a Profit Margin (2.81%) which is in line with its industry peers.
- CVLG's Profit Margin has improved in the last couple of years.
- CVLG's Operating Margin of 3.12% is in line compared to the rest of the industry. CVLG outperforms 50.00% of its industry peers.
- CVLG's Operating Margin has improved in the last couple of years.
- CVLG's Gross Margin of 66.86% is amongst the best of the industry. CVLG outperforms 80.95% of its industry peers.
- CVLG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.12% | ||
| PM (TTM) | 2.81% | ||
| GM | 66.86% |
OM growth 3Y-12.2%
OM growth 5Y38.52%
PM growth 3Y-18.23%
PM growth 5Y27.09%
GM growth 3Y4.84%
GM growth 5Y1.05%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CVLG is destroying value.
- The number of shares outstanding for CVLG has been increased compared to 1 year ago.
- CVLG has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for CVLG has been reduced compared to a year ago.
2.2 Solvency
- CVLG has an Altman-Z score of 2.29. This is not the best score and indicates that CVLG is in the grey zone with still only limited risk for bankruptcy at the moment.
- CVLG's Altman-Z score of 2.29 is in line compared to the rest of the industry. CVLG outperforms 47.62% of its industry peers.
- CVLG has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
- CVLG has a Debt to Equity ratio of 0.49. This is comparable to the rest of the industry: CVLG outperforms 47.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.29 |
ROIC/WACC0.35
WACC9.24%
2.3 Liquidity
- CVLG has a Current Ratio of 1.01. This is a normal value and indicates that CVLG is financially healthy and should not expect problems in meeting its short term obligations.
- CVLG has a Current ratio of 1.01. This is in the lower half of the industry: CVLG underperforms 61.90% of its industry peers.
- A Quick Ratio of 0.98 indicates that CVLG may have some problems paying its short term obligations.
- The Quick ratio of CVLG (0.98) is worse than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
- The earnings per share for CVLG have decreased strongly by -15.84% in the last year.
- The Earnings Per Share has been growing by 43.91% on average over the past years. This is a very strong growth
- The Revenue has been growing slightly by 1.62% in the past year.
- Measured over the past years, CVLG shows a small growth in Revenue. The Revenue has been growing by 5.03% on average per year.
EPS 1Y (TTM)-15.84%
EPS 3Y3.05%
EPS 5Y43.91%
EPS Q2Q%-19.27%
Revenue 1Y (TTM)1.62%
Revenue growth 3Y2.65%
Revenue growth 5Y5.03%
Sales Q2Q%3.13%
3.2 Future
- Based on estimates for the next years, CVLG will show a small growth in Earnings Per Share. The EPS will grow by 6.29% on average per year.
- Based on estimates for the next years, CVLG will show a small growth in Revenue. The Revenue will grow by 3.63% on average per year.
EPS Next Y-18.79%
EPS Next 2Y2.14%
EPS Next 3Y6.29%
EPS Next 5YN/A
Revenue Next Year1.38%
Revenue Next 2Y3.63%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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
- Based on the Price/Earnings ratio of 15.23, the valuation of CVLG can be described as correct.
- 88.10% of the companies in the same industry are more expensive than CVLG, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of CVLG to the average of the S&P500 Index (27.38), we can say CVLG is valued slightly cheaper.
- A Price/Forward Earnings ratio of 12.57 indicates a correct valuation of CVLG.
- Based on the Price/Forward Earnings ratio, CVLG is valued cheaply inside the industry as 97.62% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, CVLG is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.23 | ||
| Fwd PE | 12.57 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CVLG is valued cheaper than 90.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.3 |
4.3 Compensation for Growth
- The decent profitability rating of CVLG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.35
EPS Next 2Y2.14%
EPS Next 3Y6.29%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.07%, CVLG has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 0.70, CVLG pays a bit more dividend than its industry peers.
- With a Dividend Yield of 1.07, CVLG pays less dividend than the S&P500 average, which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
5.2 History
- CVLG has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
- CVLG pays out 21.30% of its income as dividend. This is a sustainable payout ratio.
DP21.3%
EPS Next 2Y2.14%
EPS Next 3Y6.29%
25.89
-0.23 (-0.88%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)10-22 2025-10-22/amc
Earnings (Next)01-29 2026-01-29/amc
Inst Owners68.78%
Inst Owner ChangeN/A
Ins Owners27.43%
Ins Owner Change-0.37%
Market Cap648.54M
Revenue(TTM)1.15B
Net Income(TTM)32.22M
Analysts82
Price Target31.96 (23.45%)
Short Float %3.07%
Short Ratio3.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
Yearly Dividend0.23
Dividend Growth(5Y)N/A
DP21.3%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.47%
Min EPS beat(2)-4.14%
Max EPS beat(2)3.2%
EPS beat(4)1
Avg EPS beat(4)-2.3%
Min EPS beat(4)-5.65%
Max EPS beat(4)3.2%
EPS beat(8)4
Avg EPS beat(8)-0.04%
EPS beat(12)6
Avg EPS beat(12)1.31%
EPS beat(16)10
Avg EPS beat(16)6.26%
Revenue beat(2)1
Avg Revenue beat(2)1.53%
Min Revenue beat(2)-0.27%
Max Revenue beat(2)3.33%
Revenue beat(4)1
Avg Revenue beat(4)-1.79%
Min Revenue beat(4)-5.67%
Max Revenue beat(4)3.33%
Revenue beat(8)2
Avg Revenue beat(8)-1.96%
Revenue beat(12)3
Avg Revenue beat(12)-1.58%
Revenue beat(16)7
Avg Revenue beat(16)0.44%
PT rev (1m)5.62%
PT rev (3m)-0.53%
EPS NQ rev (1m)-4.67%
EPS NQ rev (3m)-27.53%
EPS NY rev (1m)-0.79%
EPS NY rev (3m)-10.31%
Revenue NQ rev (1m)1.2%
Revenue NQ rev (3m)0.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.23 | ||
| Fwd PE | 12.57 | ||
| P/S | 0.57 | ||
| P/FCF | N/A | ||
| P/OCF | 5.89 | ||
| P/B | 1.53 | ||
| P/tB | 2.58 | ||
| EV/EBITDA | 7.3 |
EPS(TTM)1.7
EY6.57%
EPS(NY)2.06
Fwd EY7.96%
FCF(TTM)-1.22
FCFYN/A
OCF(TTM)4.39
OCFY16.97%
SpS45.77
BVpS16.91
TBVpS10.03
PEG (NY)N/A
PEG (5Y)0.35
Graham Number25.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 7.6% | ||
| ROCE | 4.29% | ||
| ROIC | 3.27% | ||
| ROICexc | 3.29% | ||
| ROICexgc | 4.15% | ||
| OM | 3.12% | ||
| PM (TTM) | 2.81% | ||
| GM | 66.86% | ||
| FCFM | N/A |
ROA(3y)7.68%
ROA(5y)5.21%
ROE(3y)16.9%
ROE(5y)10.67%
ROIC(3y)6.14%
ROIC(5y)5.88%
ROICexc(3y)6.59%
ROICexc(5y)6.19%
ROICexgc(3y)8.26%
ROICexgc(5y)7.51%
ROCE(3y)8.04%
ROCE(5y)7.71%
ROICexgc growth 3Y-19.39%
ROICexgc growth 5Y45.18%
ROICexc growth 3Y-22.28%
ROICexc growth 5Y41.41%
OM growth 3Y-12.2%
OM growth 5Y38.52%
PM growth 3Y-18.23%
PM growth 5Y27.09%
GM growth 3Y4.84%
GM growth 5Y1.05%
F-Score6
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.64 | ||
| Cap/Depr | 156.23% | ||
| Cap/Sales | 12.26% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 2.29 |
F-Score6
WACC9.24%
ROIC/WACC0.35
Cap/Depr(3y)220.86%
Cap/Depr(5y)174.34%
Cap/Sales(3y)13.83%
Cap/Sales(5y)11.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.84%
EPS 3Y3.05%
EPS 5Y43.91%
EPS Q2Q%-19.27%
EPS Next Y-18.79%
EPS Next 2Y2.14%
EPS Next 3Y6.29%
EPS Next 5YN/A
Revenue 1Y (TTM)1.62%
Revenue growth 3Y2.65%
Revenue growth 5Y5.03%
Sales Q2Q%3.13%
Revenue Next Year1.38%
Revenue Next 2Y3.63%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-31.2%
EBIT growth 3Y-9.87%
EBIT growth 5Y45.48%
EBIT Next Year85.29%
EBIT Next 3Y31.68%
EBIT Next 5YN/A
FCF growth 1Y49.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y20.74%
OCF growth 3Y18.84%
OCF growth 5Y13.93%
COVENANT LOGISTICS GROUP INC / CVLG FAQ
Can you provide the ChartMill fundamental rating for COVENANT LOGISTICS GROUP INC?
ChartMill assigns a fundamental rating of 4 / 10 to CVLG.
What is the valuation status of COVENANT LOGISTICS GROUP INC (CVLG) stock?
ChartMill assigns a valuation rating of 5 / 10 to COVENANT LOGISTICS GROUP INC (CVLG). This can be considered as Fairly Valued.
Can you provide the profitability details for COVENANT LOGISTICS GROUP INC?
COVENANT LOGISTICS GROUP INC (CVLG) has a profitability rating of 6 / 10.
What is the expected EPS growth for COVENANT LOGISTICS GROUP INC (CVLG) stock?
The Earnings per Share (EPS) of COVENANT LOGISTICS GROUP INC (CVLG) is expected to decline by -18.79% in the next year.
Is the dividend of COVENANT LOGISTICS GROUP INC sustainable?
The dividend rating of COVENANT LOGISTICS GROUP INC (CVLG) is 3 / 10 and the dividend payout ratio is 21.3%.