KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Fundamental Analysis
NYSE:KNX - New York Stock Exchange, Inc. - US4990491049 - Common Stock
We assign a fundamental rating of 4 out of 10 to KNX. KNX was compared to 38 industry peers in the Ground Transportation industry. KNX has a medium profitability rating, but doesn't score so well on its financial health evaluation. KNX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KNX was profitable.
KNX had a positive operating cash flow in the past year.
Each year in the past 5 years KNX has been profitable.
Each year in the past 5 years KNX had a positive operating cash flow.
1.2 Ratios
KNX has a Return On Assets of 0.29%. This is in the lower half of the industry: KNX underperforms 71.05% of its industry peers.
With a Return On Equity value of 0.53%, KNX is not doing good in the industry: 65.79% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 1.27%, KNX is not doing good in the industry: 65.79% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for KNX is in line with the industry average of 7.67%.
The 3 year average ROIC (6.10%) for KNX is well above the current ROIC(1.27%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.29% | ||
| ROE | 0.53% | ||
| ROIC | 1.27% |
ROA(3y)5.24%
ROA(5y)4.86%
ROE(3y)8.52%
ROE(5y)7.6%
ROIC(3y)6.1%
ROIC(5y)5.83%
1.3 Margins
The Profit Margin of KNX (0.50%) is worse than 71.05% of its industry peers.
In the last couple of years the Profit Margin of KNX has declined.
KNX has a worse Operating Margin (2.50%) than 68.42% of its industry peers.
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-30.04%
OM growth 5Y-16.88%
PM growth 3Y-29.75%
PM growth 5Y-17.27%
GM growth 3Y-0.39%
GM growth 5Y2.36%
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.
The number of shares outstanding for KNX has been increased compared to 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 1.84. This is not the best score and indicates that KNX is in the grey zone with still only limited risk for bankruptcy at the moment.
KNX's Altman-Z score of 1.84 is on the low side compared to the rest of the industry. KNX is outperformed by 65.79% of its industry peers.
The Debt to FCF ratio of KNX is 1520.36, which is on the high side as it means it would take KNX, 1520.36 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 1520.36, KNX perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
A Debt/Equity ratio of 0.38 indicates that KNX is not too dependend on debt financing.
KNX has a better Debt to Equity ratio (0.38) than 60.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1520.36 | ||
| Altman-Z | 1.84 |
ROIC/WACC0.16
WACC8.18%
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.
Looking at the Current ratio, with a value of 1.01, KNX is doing worse than 60.53% of the companies in the same industry.
A Quick Ratio of 1.01 indicates that KNX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.01, KNX is doing worse than 60.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
KNX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -69.96%.
Measured over the past years, KNX shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.79% on average per year.
The Revenue has been growing slightly by 7.54% in the past year.
Measured over the past years, KNX shows a small growth in Revenue. The Revenue has been growing by 5.97% on average per year.
EPS 1Y (TTM)-69.96%
EPS 3Y-14.38%
EPS 5Y-7.79%
EPS Q2Q%-17.07%
Revenue 1Y (TTM)7.54%
Revenue growth 3Y15.18%
Revenue growth 5Y5.97%
Sales Q2Q%-7.09%
3.2 Future
KNX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.07% yearly.
The Revenue is expected to grow by 5.15% on average over the next years.
EPS Next Y-39.12%
EPS Next 2Y11.28%
EPS Next 3Y27.21%
EPS Next 5Y21.07%
Revenue Next Year3.52%
Revenue Next 2Y4.64%
Revenue Next 3Y5.89%
Revenue Next 5Y5.15%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
KNX is valuated quite expensively with a Price/Earnings ratio of 69.99.
Based on the Price/Earnings ratio, KNX is valued a bit more expensive than the industry average as 71.05% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 28.29. KNX is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 25.96, the valuation of KNX can be described as expensive.
KNX's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.44, KNX is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.99 | ||
| Fwd PE | 25.96 |
4.2 Price Multiples
KNX's Enterprise Value to EBITDA is on the same level as 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 | 4649.81 | ||
| EV/EBITDA | 11.92 |
4.3 Compensation for Growth
KNX's earnings are expected to grow with 27.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.28%
EPS Next 3Y27.21%
5. Dividend
5.1 Amount
KNX has a Yearly Dividend Yield of 1.14%. Purely for dividend investing, there may be better candidates out there.
KNX's Dividend Yield is a higher than the industry average which is at 1.27.
Compared to an average S&P500 Dividend Yield of 2.28, KNX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
5.2 History
The dividend of KNX is nicely growing with an annual growth rate of 18.32%!
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)18.32%
Div Incr Years5
Div Non Decr Years6
5.3 Sustainability
269.00% of the earnings are spent on dividend by KNX. This is not a sustainable payout ratio.
The dividend of KNX is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP269%
EPS Next 2Y11.28%
EPS Next 3Y27.21%
KNIGHT-SWIFT TRANSPORTATION
NYSE:KNX (1/21/2025, 8:10:51 PM)
After market: 55.29 0 (0%)55.29
+0.44 (+0.8%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners95.45%
Inst Owner Change-0.18%
Ins Owners3.16%
Ins Owner Change-0.56%
Market Cap8.95B
Analysts72.5
Price Target58.93 (6.58%)
Short Float %4.18%
Short Ratio3.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
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)1.46%
PT rev (3m)2.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-59.79%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.97%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-1.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.99 | ||
| Fwd PE | 25.96 | ||
| P/S | 1.2 | ||
| P/FCF | 4649.81 | ||
| P/OCF | 11.01 | ||
| P/B | 1.27 | ||
| P/tB | 8.77 | ||
| EV/EBITDA | 11.92 |
EPS(TTM)0.79
EY1.43%
EPS(NY)2.13
Fwd EY3.85%
FCF(TTM)0.01
FCFY0.02%
OCF(TTM)5.02
OCFY9.08%
SpS46.19
BVpS43.6
TBVpS6.3
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.29% | ||
| ROE | 0.53% | ||
| ROCE | 1.64% | ||
| ROIC | 1.27% | ||
| ROICexc | 1.29% | ||
| ROICexgc | 2.79% | ||
| OM | 2.5% | ||
| PM (TTM) | 0.5% | ||
| GM | 64.61% | ||
| FCFM | 0.03% |
ROA(3y)5.24%
ROA(5y)4.86%
ROE(3y)8.52%
ROE(5y)7.6%
ROIC(3y)6.1%
ROIC(5y)5.83%
ROICexc(3y)6.24%
ROICexc(5y)5.96%
ROICexgc(3y)14.04%
ROICexgc(5y)13.82%
ROCE(3y)7.86%
ROCE(5y)7.51%
ROICexcg growth 3Y-30.72%
ROICexcg growth 5Y-21.05%
ROICexc growth 3Y-28.91%
ROICexc growth 5Y-18.86%
OM growth 3Y-30.04%
OM growth 5Y-16.88%
PM growth 3Y-29.75%
PM growth 5Y-17.27%
GM growth 3Y-0.39%
GM growth 5Y2.36%
F-Score5
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 | 1.84 |
F-Score5
WACC8.18%
ROIC/WACC0.16
Cap/Depr(3y)119.85%
Cap/Depr(5y)128.33%
Cap/Sales(3y)11.56%
Cap/Sales(5y)12.59%
Profit Quality(3y)70.7%
Profit Quality(5y)62.48%
High Growth Momentum
Growth
EPS 1Y (TTM)-69.96%
EPS 3Y-14.38%
EPS 5Y-7.79%
EPS Q2Q%-17.07%
EPS Next Y-39.12%
EPS Next 2Y11.28%
EPS Next 3Y27.21%
EPS Next 5Y21.07%
Revenue 1Y (TTM)7.54%
Revenue growth 3Y15.18%
Revenue growth 5Y5.97%
Sales Q2Q%-7.09%
Revenue Next Year3.52%
Revenue Next 2Y4.64%
Revenue Next 3Y5.89%
Revenue Next 5Y5.15%
EBIT growth 1Y-62.8%
EBIT growth 3Y-19.42%
EBIT growth 5Y-11.92%
EBIT Next Year115.41%
EBIT Next 3Y48.99%
EBIT Next 5Y29.78%
FCF growth 1Y-99.77%
FCF growth 3Y-39.09%
FCF growth 5Y-6.49%
OCF growth 1Y-44.77%
OCF growth 3Y8.1%
OCF growth 5Y5.66%