KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Fundamental Analysis
USA - NYSE:KNX - US4990491049 - Common Stock
40.04 USD
-1.28 (-3.1%)
40.04 USD
0 (0%)
Taking everything into account, KNX scores 4 out of 10 in our fundamental rating. KNX was compared to 42 industry peers in the Ground Transportation industry. While KNX is still in line with the averages on profitability rating, there are concerns on its financial health. KNX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
KNX had positive earnings in the past year.
In the past year KNX had a positive cash flow from operations.
KNX had positive earnings in each of the past 5 years.
In the past 5 years KNX always reported a positive cash flow from operatings.
1.2 Ratios
KNX has a Return On Assets (1.32%) which is in line with its industry peers.
KNX's Return On Equity of 2.31% is in line compared to the rest of the industry. KNX outperforms 42.86% of its industry peers.
KNX has a Return On Invested Capital (2.05%) which is comparable to the rest of the industry.
KNX had an Average Return On Invested Capital over the past 3 years of 3.90%. This is below the industry average of 7.92%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 2.31% | ||
| ROIC | 2.05% |
ROA(3y)3.22%
ROA(5y)4.29%
ROE(3y)5.27%
ROE(5y)6.84%
ROIC(3y)3.9%
ROIC(5y)5.25%
1.3 Margins
KNX's Profit Margin of 2.22% is in line compared to the rest of the industry. KNX outperforms 45.24% of its industry peers.
KNX's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 3.82%, KNX perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
KNX's Operating Margin has declined in the last couple of years.
KNX has a Gross Margin of 66.06%. This is in the better half of the industry: KNX outperforms 78.57% of its industry peers.
KNX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.82% | ||
| PM (TTM) | 2.22% | ||
| GM | 66.06% |
OM growth 3Y-43.02%
OM growth 5Y-19.6%
PM growth 3Y-49.59%
PM growth 5Y-24.29%
GM growth 3Y0.74%
GM growth 5Y1.66%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KNX is destroying value.
KNX has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, KNX has less shares outstanding
Compared to 1 year ago, KNX has a worse debt to assets ratio.
2.2 Solvency
KNX has an Altman-Z score of 1.69. This is a bad value and indicates that KNX is not financially healthy and even has some risk of bankruptcy.
KNX's Altman-Z score of 1.69 is in line compared to the rest of the industry. KNX outperforms 40.48% of its industry peers.
KNX has a debt to FCF ratio of 75.13. This is a negative value and a sign of low solvency as KNX would need 75.13 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 75.13, KNX is doing good in the industry, outperforming 61.90% of the companies in the same industry.
KNX has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of KNX (0.30) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 75.13 | ||
| Altman-Z | 1.69 |
ROIC/WACC0.22
WACC9.35%
2.3 Liquidity
KNX has a Current Ratio of 0.89. This is a bad value and indicates that KNX is not financially healthy enough and could expect problems in meeting its short term obligations.
KNX has a worse Current ratio (0.89) than 64.29% of its industry peers.
KNX has a Quick Ratio of 0.89. This is a bad value and indicates that KNX is not financially healthy enough and could expect problems in meeting its short term obligations.
KNX has a Quick ratio of 0.89. This is in the lower half of the industry: KNX underperforms 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 54.65% over the past year.
Measured over the past years, KNX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.27% on average per year.
KNX shows a decrease in Revenue. In the last year, the revenue decreased by -2.54%.
The Revenue has been growing by 8.87% on average over the past years. This is quite good.
EPS 1Y (TTM)54.65%
EPS 3Y-39.22%
EPS 5Y-13.27%
EPS Q2Q%45.83%
Revenue 1Y (TTM)-2.54%
Revenue growth 3Y7.3%
Revenue growth 5Y8.87%
Sales Q2Q%0.83%
3.2 Future
The Earnings Per Share is expected to grow by 32.09% on average over the next years. This is a very strong growth
KNX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.22% yearly.
EPS Next Y39.89%
EPS Next 2Y53.07%
EPS Next 3Y51.72%
EPS Next 5Y32.09%
Revenue Next Year1%
Revenue Next 2Y3.61%
Revenue Next 3Y4.61%
Revenue Next 5Y4.22%
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 accelerating.
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 30.11, which means the current valuation is very expensive for KNX.
Compared to the rest of the industry, the Price/Earnings ratio of KNX is on the same level as its industry peers.
KNX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.38.
Based on the Price/Forward Earnings ratio of 16.12, the valuation of KNX can be described as correct.
76.19% of the companies in the same industry are more expensive than KNX, based on the Price/Forward Earnings ratio.
KNX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.11 | ||
| Fwd PE | 16.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KNX is valued a bit cheaper than 71.43% of the companies in the same industry.
KNX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KNX is cheaper than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 174.74 | ||
| EV/EBITDA | 8.66 |
4.3 Compensation for Growth
KNX's 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 51.72% in the coming years.
PEG (NY)0.75
PEG (5Y)N/A
EPS Next 2Y53.07%
EPS Next 3Y51.72%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.68%, KNX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.59, KNX pays a better dividend. On top of this KNX pays more dividend than 80.95% of the companies listed in the same industry.
Compared to the average S&P500 Dividend Yield of 2.38, KNX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.68% |
5.2 History
The dividend of KNX is nicely growing with an annual growth rate of 21.76%!
KNX has paid a dividend for at least 10 years, which is a reliable track record.
As KNX did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)21.76%
Div Incr Years5
Div Non Decr Years6
5.3 Sustainability
67.21% of the earnings are spent on dividend by KNX. This is not a sustainable payout ratio.
The dividend of KNX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP67.21%
EPS Next 2Y53.07%
EPS Next 3Y51.72%
40.04
-1.28 (-3.1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners95.68%
Inst Owner Change3.38%
Ins Owners3.13%
Ins Owner Change0.13%
Market Cap6.50B
Analysts75.38
Price Target54.28 (35.56%)
Short Float %3.89%
Short Ratio2.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.68% |
Yearly Dividend0.64
Dividend Growth(5Y)21.76%
DP67.21%
Div Incr Years5
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.13%
Min EPS beat(2)4.01%
Max EPS beat(2)8.25%
EPS beat(4)4
Avg EPS beat(4)6.53%
Min EPS beat(4)4.01%
Max EPS beat(4)9.28%
EPS beat(8)5
Avg EPS beat(8)-12.02%
EPS beat(12)5
Avg EPS beat(12)-11.3%
EPS beat(16)9
Avg EPS beat(16)-5.89%
Revenue beat(2)0
Avg Revenue beat(2)-0.89%
Min Revenue beat(2)-1.59%
Max Revenue beat(2)-0.2%
Revenue beat(4)0
Avg Revenue beat(4)-1.6%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)-0.2%
Revenue beat(8)1
Avg Revenue beat(8)-0.57%
Revenue beat(12)2
Avg Revenue beat(12)-1.13%
Revenue beat(16)6
Avg Revenue beat(16)0.32%
PT rev (1m)0.22%
PT rev (3m)4.42%
EPS NQ rev (1m)0.1%
EPS NQ rev (3m)-3.48%
EPS NY rev (1m)-1.27%
EPS NY rev (3m)-2.96%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-0.52%
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-0.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.11 | ||
| Fwd PE | 16.12 | ||
| P/S | 0.87 | ||
| P/FCF | 174.74 | ||
| P/OCF | 7.98 | ||
| P/B | 0.91 | ||
| P/tB | 5.68 | ||
| EV/EBITDA | 8.66 |
EPS(TTM)1.33
EY3.32%
EPS(NY)2.48
Fwd EY6.2%
FCF(TTM)0.23
FCFY0.57%
OCF(TTM)5.02
OCFY12.53%
SpS45.76
BVpS43.9
TBVpS7.05
PEG (NY)0.75
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 2.31% | ||
| ROCE | 2.61% | ||
| ROIC | 2.05% | ||
| ROICexc | 2.1% | ||
| ROICexgc | 4.76% | ||
| OM | 3.82% | ||
| PM (TTM) | 2.22% | ||
| GM | 66.06% | ||
| FCFM | 0.5% |
ROA(3y)3.22%
ROA(5y)4.29%
ROE(3y)5.27%
ROE(5y)6.84%
ROIC(3y)3.9%
ROIC(5y)5.25%
ROICexc(3y)3.98%
ROICexc(5y)5.37%
ROICexgc(3y)8.67%
ROICexgc(5y)12.23%
ROCE(3y)4.95%
ROCE(5y)6.67%
ROICexcg growth 3Y-42.4%
ROICexcg growth 5Y-21.09%
ROICexc growth 3Y-41.74%
ROICexc growth 5Y-19.4%
OM growth 3Y-43.02%
OM growth 5Y-19.6%
PM growth 3Y-49.59%
PM growth 5Y-24.29%
GM growth 3Y0.74%
GM growth 5Y1.66%
F-Score7
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 75.13 | ||
| Debt/EBITDA | 1.96 | ||
| Cap/Depr | 98.68% | ||
| Cap/Sales | 10.46% | ||
| Interest Coverage | 1.75 | ||
| Cash Conversion | 75.99% | ||
| Profit Quality | 22.56% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 1.69 |
F-Score7
WACC9.35%
ROIC/WACC0.22
Cap/Depr(3y)123.48%
Cap/Depr(5y)113.14%
Cap/Sales(3y)12.28%
Cap/Sales(5y)11.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)54.65%
EPS 3Y-39.22%
EPS 5Y-13.27%
EPS Q2Q%45.83%
EPS Next Y39.89%
EPS Next 2Y53.07%
EPS Next 3Y51.72%
EPS Next 5Y32.09%
Revenue 1Y (TTM)-2.54%
Revenue growth 3Y7.3%
Revenue growth 5Y8.87%
Sales Q2Q%0.83%
Revenue Next Year1%
Revenue Next 2Y3.61%
Revenue Next 3Y4.61%
Revenue Next 5Y4.22%
EBIT growth 1Y48.08%
EBIT growth 3Y-38.86%
EBIT growth 5Y-12.46%
EBIT Next Year227%
EBIT Next 3Y67.73%
EBIT Next 5Y38.18%
FCF growth 1Y-91.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-43.38%
OCF growth 3Y-12.44%
OCF growth 5Y-0.98%