KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Fundamental Analysis
NYSE:KNX - New York Stock Exchange, Inc. - US4990491049 - Common Stock - Currency: USD
Overall KNX gets a fundamental rating of 4 out of 10. We evaluated KNX against 39 industry peers in the Ground Transportation industry. KNX scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. While showing a medium growth rate, KNX is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year KNX was profitable.
In the past year KNX had a positive cash flow from operations.
In the past 5 years KNX has always been profitable.
Of the past 5 years KNX 4 years had a positive operating cash flow.
1.2 Ratios
KNX's Return On Assets of 0.29% is on the low side compared to the rest of the industry. KNX is outperformed by 73.68% of its industry peers.
KNX's Return On Equity of 0.53% is on the low side compared to the rest of the industry. KNX is outperformed by 68.42% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.29%, KNX is doing worse than 65.79% of the companies in the same industry.
KNX had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 7.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.29% | ||
| ROE | 0.53% | ||
| ROIC | 1.29% |
ROA(3y)3.22%
ROA(5y)4.29%
ROE(3y)5.27%
ROE(5y)6.84%
ROIC(3y)3.99%
ROIC(5y)5.3%
1.3 Margins
Looking at the Profit Margin, with a value of 0.50%, KNX is doing worse than 71.05% of the companies in the same industry.
In the last couple of years the Profit Margin of KNX has declined.
Looking at the Operating Margin, with a value of 2.50%, KNX is doing worse than 68.42% of the companies in the same industry.
In the last couple of years the Operating Margin of KNX has declined.
The Gross Margin of KNX (64.61%) is better than 73.68% of its industry peers.
In the last couple of years the Gross Margin of KNX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.5% | ||
| PM (TTM) | 0.5% | ||
| GM | 64.61% |
OM growth 3Y-40.4%
OM growth 5Y-17.4%
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.
Compared to 1 year ago, KNX has more shares outstanding
KNX has less shares outstanding than it did 5 years ago.
KNX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.82 indicates that KNX is not a great score, but indicates only limited risk for bankruptcy at the moment.
KNX has a worse Altman-Z score (1.82) than 63.16% of its industry peers.
KNX has a debt to FCF ratio of 1520.36. This is a negative value and a sign of low solvency as KNX would need 1520.36 years to pay back of all of its debts.
The Debt to FCF ratio of KNX (1520.36) is comparable to the rest of the industry.
KNX has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
KNX's Debt to Equity ratio of 0.38 is fine compared to the rest of the industry. KNX outperforms 60.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1520.36 | ||
| Altman-Z | 1.82 |
ROIC/WACC0.14
WACC9.07%
2.3 Liquidity
KNX has a Current Ratio of 1.01. This is a normal value and indicates that KNX is financially healthy and should not expect problems in meeting its short term obligations.
KNX has a Current ratio of 1.01. This is comparable to the rest of the industry: KNX outperforms 44.74% of its industry peers.
A Quick Ratio of 1.01 indicates that KNX should not have too much problems paying its short term obligations.
KNX has a Quick ratio (1.01) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The earnings per share for KNX have decreased strongly by -38.37% in the last year.
The earnings per share for KNX have been decreasing by -13.27% on average. This is quite bad
KNX shows a small growth in Revenue. In the last year, the Revenue has grown by 3.76%.
Measured over the past years, KNX shows a quite strong growth in Revenue. The Revenue has been growing by 8.87% on average per year.
EPS 1Y (TTM)-38.37%
EPS 3Y-39.22%
EPS 5Y-13.27%
EPS Q2Q%300%
Revenue 1Y (TTM)3.76%
Revenue growth 3Y7.3%
Revenue growth 5Y8.87%
Sales Q2Q%-3.5%
3.2 Future
KNX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 42.27% yearly.
The Revenue is expected to grow by 5.60% on average over the next years.
EPS Next Y96.21%
EPS Next 2Y81.02%
EPS Next 3Y64.73%
EPS Next 5Y42.27%
Revenue Next Year4.73%
Revenue Next 2Y6.5%
Revenue Next 3Y7.11%
Revenue Next 5Y5.6%
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
Based on the Price/Earnings ratio of 49.18, the valuation of KNX can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of KNX indicates a slightly more expensive valuation: KNX is more expensive than 63.16% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of KNX to the average of the S&P500 Index (29.63), we can say KNX is valued expensively.
A Price/Forward Earnings ratio of 25.06 indicates a quite expensive valuation of KNX.
The rest of the industry has a similar Price/Forward Earnings ratio as KNX.
When comparing the Price/Forward Earnings ratio of KNX to the average of the S&P500 Index (22.68), we can say KNX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.18 | ||
| Fwd PE | 25.06 |
4.2 Price Multiples
KNX's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KNX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4384.06 | ||
| EV/EBITDA | 11.68 |
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.
A more expensive valuation may be justified as KNX's earnings are expected to grow with 64.73% in the coming years.
PEG (NY)0.51
PEG (5Y)N/A
EPS Next 2Y81.02%
EPS Next 3Y64.73%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.18%, KNX has a reasonable but not impressive dividend return.
KNX's Dividend Yield is a higher than the industry average which is at 1.35.
Compared to an average S&P500 Dividend Yield of 2.29, KNX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
5.2 History
The dividend of KNX is nicely growing with an annual growth rate of 18.32%!
KNX has been paying a dividend for at least 10 years, so it has a reliable track record.
KNX has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)18.32%
Div Incr Years5
Div Non Decr Years6
5.3 Sustainability
KNX pays out 269.00% of its income as dividend. This is not a sustainable payout ratio.
The dividend of KNX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP269%
EPS Next 2Y81.02%
EPS Next 3Y64.73%
52.13
-1.29 (-2.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners95.45%
Inst Owner Change2.58%
Ins Owners3.16%
Ins Owner Change0.06%
Market Cap8.44B
Analysts73.33
Price Target63.49 (21.79%)
Short Float %4.43%
Short Ratio3.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
Yearly Dividend0.57
Dividend Growth(5Y)18.32%
DP269%
Div Incr Years5
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.59%
Min EPS beat(2)-13.78%
Max EPS beat(2)4.6%
EPS beat(4)1
Avg EPS beat(4)-32.71%
Min EPS beat(4)-79.65%
Max EPS beat(4)4.6%
EPS beat(8)2
Avg EPS beat(8)-19.02%
EPS beat(12)5
Avg EPS beat(12)-11.36%
EPS beat(16)9
Avg EPS beat(16)-5.27%
Revenue beat(2)0
Avg Revenue beat(2)-1.5%
Min Revenue beat(2)-2.66%
Max Revenue beat(2)-0.34%
Revenue beat(4)0
Avg Revenue beat(4)-1.7%
Min Revenue beat(4)-2.67%
Max Revenue beat(4)-0.34%
Revenue beat(8)2
Avg Revenue beat(8)-1.1%
Revenue beat(12)5
Avg Revenue beat(12)0.13%
Revenue beat(16)7
Avg Revenue beat(16)0.48%
PT rev (1m)7.73%
PT rev (3m)11.59%
EPS NQ rev (1m)-1.72%
EPS NQ rev (3m)-1.72%
EPS NY rev (1m)-2.35%
EPS NY rev (3m)-2.11%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)-0.96%
Revenue NY rev (3m)-1.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.18 | ||
| Fwd PE | 25.06 | ||
| P/S | 1.13 | ||
| P/FCF | 4384.06 | ||
| P/OCF | 10.38 | ||
| P/B | 1.2 | ||
| P/tB | 8.27 | ||
| EV/EBITDA | 11.68 |
EPS(TTM)1.06
EY2.03%
EPS(NY)2.08
Fwd EY3.99%
FCF(TTM)0.01
FCFY0.02%
OCF(TTM)5.02
OCFY9.63%
SpS46.19
BVpS43.6
TBVpS6.3
PEG (NY)0.51
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.29% | ||
| ROE | 0.53% | ||
| ROCE | 1.64% | ||
| ROIC | 1.29% | ||
| ROICexc | 1.31% | ||
| ROICexgc | 2.83% | ||
| OM | 2.5% | ||
| PM (TTM) | 0.5% | ||
| GM | 64.61% | ||
| FCFM | 0.03% |
ROA(3y)3.22%
ROA(5y)4.29%
ROE(3y)5.27%
ROE(5y)6.84%
ROIC(3y)3.99%
ROIC(5y)5.3%
ROICexc(3y)4.06%
ROICexc(5y)5.42%
ROICexgc(3y)8.87%
ROICexgc(5y)12.35%
ROCE(3y)5.06%
ROCE(5y)6.73%
ROICexcg growth 3Y-39.76%
ROICexcg growth 5Y-18.93%
ROICexc growth 3Y-39.06%
ROICexc growth 5Y-17.2%
OM growth 3Y-40.4%
OM growth 5Y-17.4%
PM growth 3Y-49.59%
PM growth 5Y-24.29%
GM growth 3Y0.74%
GM growth 5Y1.66%
F-Score6
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1520.36 | ||
| Debt/EBITDA | 2.72 | ||
| Cap/Depr | 102.68% | ||
| Cap/Sales | 10.85% | ||
| Interest Coverage | 1.14 | ||
| Cash Conversion | 83.25% | ||
| Profit Quality | 5.14% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 1.82 |
F-Score6
WACC9.07%
ROIC/WACC0.14
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.37%
EPS 3Y-39.22%
EPS 5Y-13.27%
EPS Q2Q%300%
EPS Next Y96.21%
EPS Next 2Y81.02%
EPS Next 3Y64.73%
EPS Next 5Y42.27%
Revenue 1Y (TTM)3.76%
Revenue growth 3Y7.3%
Revenue growth 5Y8.87%
Sales Q2Q%-3.5%
Revenue Next Year4.73%
Revenue Next 2Y6.5%
Revenue Next 3Y7.11%
Revenue Next 5Y5.6%
EBIT growth 1Y-62.8%
EBIT growth 3Y-36.05%
EBIT growth 5Y-10.07%
EBIT Next Year275.76%
EBIT Next 3Y74.64%
EBIT Next 5Y50.81%
FCF growth 1Y-96.37%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-32.83%
OCF growth 3YN/A
OCF growth 5YN/A