Covenant Logistics Group Inc
NASDAQ:CVLG

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Covenant Logistics Group Inc
NASDAQ:CVLG
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Price: 34.07 USD 9.23% Market Closed
Market Cap: $854.5m

EV/OCF

9.6
Current
38%
More Expensive
vs 3-y average of 6.9

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
9.6
=
Enterprise Value
$932.7m
/
Operating Cash Flow
$113.6m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
9.6
=
Enterprise Value
$932.7m
/
Operating Cash Flow
$113.6m

Valuation Scenarios

Covenant Logistics Group Inc is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (6.9), the stock would be worth $24.6 (28% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-36%
Maximum Upside
+75%
Average Upside
15%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 9.6 $34.07
0%
3-Year Average 6.9 $24.6
-28%
5-Year Average 6.1 $21.73
-36%
Industry Average 14.3 $51.02
+50%
Country Average 16.7 $59.51
+75%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
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Market Distribution

Lower than 79% of companies in the United States of America
Percentile
21th
Based on 9 518 companies
21th percentile
9.6
Low
0 — 11.7
Typical Range
11.7 — 23.6
High
23.6 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 11.7
Median 16.7
70th Percentile 23.6
Max 3 178 983.5

Covenant Logistics Group Inc
Glance View

Covenant Logistics Group, Inc. is a holding company, which engages in the provision of freight and logistics services. The company is headquartered in Chattanooga, Tennessee and currently employs 4,500 full-time employees. The firm's segments include Expedited, Dedicated, Managed Freight business and Warehousing. The Expedited business operates primarily provides truckload services to customers with high service freight and delivery standards. The Dedicated business provides customers with committed truckload capacity over contracted periods. The Managed Freight business includes brokerage services and transportation management services (TMS). The Brokerage services provide logistics capacity by outsourcing the carriage of customers' freight to third parties. The Warehousing segment provides day-to-day warehouse management services to customers. The firm also provides shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses.

CVLG Intrinsic Value
43.61 USD
Undervaluation 22%
Intrinsic Value
Price $34.07
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