Covenant Logistics Group, Inc.

  • Earnings Score
  • Moat Score
  • Safety Score
  • Market Cap $758.53M
  • PE 18
  • Debt $316.49M
  • Cash $35.20M
  • EV $1.04B
  • FCF -$104.23M

Earnings

loading chart...

Sales & Net Margins

loading chart...
Earnings$42.00M
EBIT$54.12M
ROE10%
ROA5%
FCF-$104.23M
Equity$431.55M
Growth Stability-120%
PE18.06
PEG0.27
PB1.76
P/FCF-7.28
P/S0.67
Price/Cash0.05
Debt/Equity0.73
Debt/FCF-3.04
Net Margins3%
Op. Margins5%
Earnings CAGR8%
Sales Growth YoY-0%
Sales Growth QoQ0%
Sales CAGR7%
FCF CAGR1%
Equity CAGR8%
Earnings Stability0.09
Earnings Growth YoY-3%
Earnings Growth QoQ7%
Earnings CAGR 5Y67%
Sales CAGR 5Y8%
FCF CAGR 5Y2%
Equity CAGR 5Y7%
Earnings CAGR 3Y-0%
Sales CAGR 3Y-0%
FCF CAGR 3Y-2%
Equity CAGR 3Y7%
Market Cap$758.53M
Revenue$1.13B
Dividend Yield1%
Payout Ratio14%
Assets$1.01B
Total Debt$316.49M
Cash$35.20M
Shares Outstanding13.14M
EV1.04B
Earnings Score7%
Moat Score76%
Safety Score34%
Final Score39%
Working Capital20.1M
Current Ratio1.1
Shares Growth 3y-9%
Equity Growth QoQ3%
Equity Growth YoY10%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...
Covenant Logistics Group Inc, formerly Covenant Transportation Group Inc, together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing.

SEC Filings

Direct access to Covenant Logistics Group, Inc. (CVLG) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2024
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2023
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2022
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31

Sector Comparison

How does Covenant Logistics Group, Inc. compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Covenant Logistics Group, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 8%
Stability 9%
loading chart...

Covenant Logistics Group, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Covenant Logistics Group, Inc..

= -$1.1B
012345678910TV
fcf-$104M-$105M-$106M-$107M-$108M-$109M-$110M-$110M-$111M-$112M-$113M-$1.1B
DCF-$96M-$88M-$80M-$74M-$67M-$62M-$57M-$52M-$48M-$44M-$436M
Value-$1.1B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12/201412/201512/201612/201712/201812/201912/202012/202112/202212/2023TTM
Net Margins2%6%3%8%5%1%-5%6%9%5%3%
ROA-10%5%4%8%2%-2%12%18%8%5%
ROE-21%7%19%12%2%-15%17%29%14%10%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12/201412/201512/201612/201712/201812/201912/202012/202112/202212/2023TTM
Debt over FCF--2.6-20.82-7.654.75-4.69-3.561.963.06-2.21-3.04
Debt over Equity1.21.240.910.720.690.990.380.210.480.730.73
Growth Stability---100%100%22%-120%100%100%100%-120%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12/201412/201512/201612/201712/201812/201912/202012/202112/202212/2023CAGR 5Y
Revenue YoY growth-1%-7%5%26%1%-6%25%16%-9%8%
Earnings YoY growth-136%-60%229%-23%-80%-604%-242%79%-49%67%
Equity YoY growth-19%17%25%16%2%-17%20%8%7%7%
FCF YoY growth-7%-89%170%-278%-250%-58%-222%55%-326%2%