159.49 USD
+0.57 (+0.36%)
159.02 USD
-0.47 (-0.29%)
Taking everything into account, ODFL scores 7 out of 10 in our fundamental rating. ODFL was compared to 43 industry peers in the Ground Transportation industry. ODFL gets an excellent profitability rating and is at the same time showing great financial health properties. ODFL has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
ODFL had positive earnings in the past year.
In the past year ODFL had a positive cash flow from operations.
Each year in the past 5 years ODFL has been profitable.
Each year in the past 5 years ODFL had a positive operating cash flow.
1.2 Ratios
ODFL has a better Return On Assets (19.17%) than 97.67% of its industry peers.
With an excellent Return On Equity value of 24.80%, ODFL belongs to the best of the industry, outperforming 93.02% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 21.20%, ODFL belongs to the top of the industry, outperforming 97.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ODFL is significantly above the industry average of 6.83%.
The last Return On Invested Capital (21.20%) for ODFL is well below the 3 year average (26.98%), which needs to be investigated, but indicates that ODFL had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.17% | ||
| ROE | 24.8% | ||
| ROIC | 21.2% |
ROA(3y)24.18%
ROA(5y)21.88%
ROE(3y)31.58%
ROE(5y)28.62%
ROIC(3y)26.98%
ROIC(5y)24.46%
1.3 Margins
The Profit Margin of ODFL (18.97%) is better than 83.72% of its industry peers.
In the last couple of years the Profit Margin of ODFL has grown nicely.
With an excellent Operating Margin value of 24.95%, ODFL belongs to the best of the industry, outperforming 86.05% of the companies in the same industry.
ODFL's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 89.56%, ODFL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of ODFL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.95% | ||
| PM (TTM) | 18.97% | ||
| GM | 89.56% |
OM growth 3Y0.1%
OM growth 5Y5.91%
PM growth 3Y1.2%
PM growth 5Y6.37%
GM growth 3Y-0.05%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ODFL is creating value.
Compared to 1 year ago, ODFL has less shares outstanding
ODFL has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ODFL has been reduced compared to a year ago.
2.2 Solvency
ODFL has an Altman-Z score of 18.85. This indicates that ODFL is financially healthy and has little risk of bankruptcy at the moment.
ODFL has a Altman-Z score of 18.85. This is amongst the best in the industry. ODFL outperforms 97.67% of its industry peers.
ODFL has a debt to FCF ratio of 0.09. This is a very positive value and a sign of high solvency as it would only need 0.09 years to pay back of all of its debts.
ODFL's Debt to FCF ratio of 0.09 is amongst the best of the industry. ODFL outperforms 100.00% of its industry peers.
ODFL has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
ODFL's Debt to Equity ratio of 0.02 is amongst the best of the industry. ODFL outperforms 90.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 18.85 |
ROIC/WACC2.09
WACC10.15%
2.3 Liquidity
A Current Ratio of 1.20 indicates that ODFL should not have too much problems paying its short term obligations.
ODFL's Current ratio of 1.20 is in line compared to the rest of the industry. ODFL outperforms 55.81% of its industry peers.
A Quick Ratio of 1.20 indicates that ODFL should not have too much problems paying its short term obligations.
ODFL has a Quick ratio (1.20) which is in line with its industry peers.
ODFL does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The earnings per share for ODFL have decreased strongly by -13.11% in the last year.
Measured over the past years, ODFL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.53% on average per year.
Looking at the last year, ODFL shows a decrease in Revenue. The Revenue has decreased by -5.90% in the last year.
ODFL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.19% yearly.
EPS 1Y (TTM)-13.11%
EPS 3Y7.23%
EPS 5Y16.53%
EPS Q2Q%-10.49%
Revenue 1Y (TTM)-5.9%
Revenue growth 3Y3.42%
Revenue growth 5Y7.19%
Sales Q2Q%-4.33%
3.2 Future
Based on estimates for the next years, ODFL will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.26% on average per year.
Based on estimates for the next years, ODFL will show a small growth in Revenue. The Revenue will grow by 4.93% on average per year.
EPS Next Y-10.63%
EPS Next 2Y-1.37%
EPS Next 3Y4.29%
EPS Next 5Y9.26%
Revenue Next Year-5.59%
Revenue Next 2Y-1.04%
Revenue Next 3Y1.94%
Revenue Next 5Y4.93%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
The Price/Earnings ratio is 32.09, which means the current valuation is very expensive for ODFL.
Compared to the rest of the industry, the Price/Earnings ratio of ODFL indicates a somewhat cheap valuation: ODFL is cheaper than 62.79% of the companies listed in the same industry.
ODFL's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.56.
With a Price/Forward Earnings ratio of 29.92, ODFL can be considered very expensive at the moment.
ODFL's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.79. ODFL is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.09 | ||
| Fwd PE | 29.92 |
4.2 Price Multiples
ODFL's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, ODFL is valued a bit cheaper than 76.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.22 | ||
| EV/EBITDA | 19.06 |
4.3 Compensation for Growth
ODFL has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.94
EPS Next 2Y-1.37%
EPS Next 3Y4.29%
5. Dividend
5.1 Amount
ODFL has a yearly dividend return of 0.70%, which is pretty low.
Compared to an average industry Dividend Yield of 0.72, ODFL has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, ODFL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
5.2 History
On average, the dividend of ODFL grows each year by 35.65%, which is quite nice.
ODFL has been paying a dividend for over 5 years, so it has already some track record.
As ODFL did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)35.65%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
22.00% of the earnings are spent on dividend by ODFL. This is a low number and sustainable payout ratio.
ODFL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP22%
EPS Next 2Y-1.37%
EPS Next 3Y4.29%
159.49
+0.57 (+0.36%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners80%
Inst Owner Change45.04%
Ins Owners10.17%
Ins Owner Change1.01%
Market Cap33.35B
Revenue(TTM)5.57B
Net Income(TTM)1.06B
Analysts68.75
Price Target158.51 (-0.61%)
Short Float %5.85%
Short Ratio5.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
Yearly Dividend1.04
Dividend Growth(5Y)35.65%
DP22%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.11%
Min EPS beat(2)-3.34%
Max EPS beat(2)3.13%
EPS beat(4)3
Avg EPS beat(4)1.32%
Min EPS beat(4)-3.34%
Max EPS beat(4)3.51%
EPS beat(8)4
Avg EPS beat(8)0.39%
EPS beat(12)6
Avg EPS beat(12)0.48%
EPS beat(16)10
Avg EPS beat(16)1.68%
Revenue beat(2)0
Avg Revenue beat(2)-2.25%
Min Revenue beat(2)-2.71%
Max Revenue beat(2)-1.78%
Revenue beat(4)0
Avg Revenue beat(4)-1.91%
Min Revenue beat(4)-2.71%
Max Revenue beat(4)-1.5%
Revenue beat(8)0
Avg Revenue beat(8)-2.24%
Revenue beat(12)0
Avg Revenue beat(12)-2.61%
Revenue beat(16)2
Avg Revenue beat(16)-2.06%
PT rev (1m)-2.49%
PT rev (3m)-3.72%
EPS NQ rev (1m)0.06%
EPS NQ rev (3m)-6.54%
EPS NY rev (1m)-0.21%
EPS NY rev (3m)-1.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.5%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-1.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.09 | ||
| Fwd PE | 29.92 | ||
| P/S | 5.98 | ||
| P/FCF | 36.22 | ||
| P/OCF | 22.83 | ||
| P/B | 7.82 | ||
| P/tB | 7.82 | ||
| EV/EBITDA | 19.06 |
EPS(TTM)4.97
EY3.12%
EPS(NY)5.33
Fwd EY3.34%
FCF(TTM)4.4
FCFY2.76%
OCF(TTM)6.99
OCFY4.38%
SpS26.66
BVpS20.39
TBVpS20.39
PEG (NY)N/A
PEG (5Y)1.94
Graham Number47.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.17% | ||
| ROE | 24.8% | ||
| ROCE | 28.01% | ||
| ROIC | 21.2% | ||
| ROICexc | 21.4% | ||
| ROICexgc | 21.4% | ||
| OM | 24.95% | ||
| PM (TTM) | 18.97% | ||
| GM | 89.56% | ||
| FCFM | 16.52% |
ROA(3y)24.18%
ROA(5y)21.88%
ROE(3y)31.58%
ROE(5y)28.62%
ROIC(3y)26.98%
ROIC(5y)24.46%
ROICexc(3y)28.57%
ROICexc(5y)27.14%
ROICexgc(3y)28.57%
ROICexgc(5y)27.14%
ROCE(3y)35.64%
ROCE(5y)32.31%
ROICexgc growth 3Y-5.87%
ROICexgc growth 5Y4.54%
ROICexc growth 3Y-5.87%
ROICexc growth 5Y4.67%
OM growth 3Y0.1%
OM growth 5Y5.91%
PM growth 3Y1.2%
PM growth 5Y6.37%
GM growth 3Y-0.05%
GM growth 5Y0.13%
F-Score5
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.09 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 149.7% | ||
| Cap/Sales | 9.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.4% | ||
| Profit Quality | 87.08% | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 18.85 |
F-Score5
WACC10.15%
ROIC/WACC2.09
Cap/Depr(3y)246.01%
Cap/Depr(5y)207.17%
Cap/Sales(3y)12.85%
Cap/Sales(5y)10.93%
Profit Quality(3y)68.97%
Profit Quality(5y)75.24%
High Growth Momentum
Growth
EPS 1Y (TTM)-13.11%
EPS 3Y7.23%
EPS 5Y16.53%
EPS Q2Q%-10.49%
EPS Next Y-10.63%
EPS Next 2Y-1.37%
EPS Next 3Y4.29%
EPS Next 5Y9.26%
Revenue 1Y (TTM)-5.9%
Revenue growth 3Y3.42%
Revenue growth 5Y7.19%
Sales Q2Q%-4.33%
Revenue Next Year-5.59%
Revenue Next 2Y-1.04%
Revenue Next 3Y1.94%
Revenue Next 5Y4.93%
EBIT growth 1Y-14.73%
EBIT growth 3Y3.52%
EBIT growth 5Y13.53%
EBIT Next Year11.1%
EBIT Next 3Y10.59%
EBIT Next 5Y11.06%
FCF growth 1Y60.95%
FCF growth 3Y10.25%
FCF growth 5Y11.97%
OCF growth 1Y-2.2%
OCF growth 3Y11.02%
OCF growth 5Y11.02%
OLD DOMINION FREIGHT LINE / ODFL FAQ
What is the fundamental rating for ODFL stock?
ChartMill assigns a fundamental rating of 7 / 10 to ODFL.
Can you provide the valuation status for OLD DOMINION FREIGHT LINE?
ChartMill assigns a valuation rating of 3 / 10 to OLD DOMINION FREIGHT LINE (ODFL). This can be considered as Overvalued.
What is the profitability of ODFL stock?
OLD DOMINION FREIGHT LINE (ODFL) has a profitability rating of 9 / 10.
What are the PE and PB ratios of OLD DOMINION FREIGHT LINE (ODFL) stock?
The Price/Earnings (PE) ratio for OLD DOMINION FREIGHT LINE (ODFL) is 32.09 and the Price/Book (PB) ratio is 7.82.
What is the expected EPS growth for OLD DOMINION FREIGHT LINE (ODFL) stock?
The Earnings per Share (EPS) of OLD DOMINION FREIGHT LINE (ODFL) is expected to decline by -10.63% in the next year.