Old Dominion Freight Line Inc
NASDAQ:ODFL
Intrinsic Value
Old Dominion Freight Line, Inc. engages in the provision of less-than-truckload services. [ Read More ]
The intrinsic value of one ODFL stock under the Base Case scenario is 239.15 USD. Compared to the current market price of 219.31 USD, Old Dominion Freight Line Inc is Undervalued by 8%.
Valuation Backtest
Old Dominion Freight Line Inc
Run backtest to discover the historical profit from buying and selling ODFL stocks based on their intrinsic value.
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Fundamental Analysis
Old Dominion Confident Amidst Market Dynamics
2023-Q4 Earnings Call
Old Dominion reported a strong fourth quarter with operations cash flow of $436.7 million, leading to $1.6 billion for the year. The company spent $757.3 million in capital expenditures, while executing share repurchases and increasing dividends by 30% to $0.52 per share for Q1 2024. The effective tax rate dipped slightly to 24.1% and is forecasted to be 25.6% in 2024. A consistent 99% on-time service rate and low claims ratio have underpinned market share gains, even though the slower economy has led to flatter market share growth recently. The company has outperformed competitors by 600 to 1,000 basis points, anticipating greater gains with economic upturns, and remains vested in strategic long-term investments. Despite industry shifts post-Yellow closure, Old Dominion expects the industry to remain capacity-constrained, which aligns with their growth-oriented network strategy.
Balance Sheet Decomposition
Old Dominion Freight Line Inc
Current Assets | 1.1B |
Cash & Short-Term Investments | 433.8m |
Receivables | 615.3m |
Other Current Assets | 94.2m |
Non-Current Assets | 4.4B |
PP&E | 4.2B |
Other Non-Current Assets | 157.3m |
Current Liabilities | 544.7m |
Accounts Payable | 112.8m |
Accrued Liabilities | 411.9m |
Other Current Liabilities | 20m |
Non-Current Liabilities | 709.9m |
Long-Term Debt | 60m |
Other Non-Current Liabilities | 649.9m |
Earnings Waterfall
Old Dominion Freight Line Inc
Revenue
|
5.9B
USD
|
Cost of Revenue
|
-718.3m
USD
|
Gross Profit
|
5.1B
USD
|
Operating Expenses
|
-3.5B
USD
|
Operating Income
|
1.6B
USD
|
Other Expenses
|
-401.2m
USD
|
Net Income
|
1.2B
USD
|
Free Cash Flow Analysis
Old Dominion Freight Line Inc
What is Free Cash Flow?
ODFL Profitability Score
Profitability Due Diligence
Old Dominion Freight Line Inc's profitability score is 71/100. The higher the profitability score, the more profitable the company is.
Score
Old Dominion Freight Line Inc's profitability score is 71/100. The higher the profitability score, the more profitable the company is.
ODFL Solvency Score
Solvency Due Diligence
Old Dominion Freight Line Inc's solvency score is 95/100. The higher the solvency score, the more solvent the company is.
Score
Old Dominion Freight Line Inc's solvency score is 95/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
ODFL Price Targets Summary
Old Dominion Freight Line Inc
According to Wall Street analysts, the average 1-year price target for ODFL is 415.48 USD with a low forecast of 348.45 USD and a high forecast of 540.75 USD.
Ownership
ODFL Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
ODFL Price
Old Dominion Freight Line Inc
Average Annual Return | 36.75% |
Standard Deviation of Annual Returns | 41.81% |
Max Drawdown | -17% |
Market Capitalization | 23.9B USD |
Shares Outstanding | 109 662 000 |
Percentage of Shares Shorted | 2.02% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Old Dominion Freight Line, Inc. engages in the provision of less-than-truckload services. The company is headquartered in Thomasville, North Carolina and currently employs 23,663 full-time employees. The firm provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings include expedited transportation, which is provided through a network of service centers located throughout the continental United States. The company offers a range of value-added services including container drayage, truckload brokerage, and supply chain consulting. The company operates approximately 251 service center locations, of which the Company owns 227 and leases 24. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its system offers its customers access to information such as freight tracking, shipping documents, rate quotes, rate databases, and account activity. These centralized systems and its customer service department provide its customers with a single point of contact to access information.
Contact
IPO
Employees
Officers
The intrinsic value of one ODFL stock under the Base Case scenario is 239.15 USD.
Compared to the current market price of 219.31 USD, Old Dominion Freight Line Inc is Undervalued by 8%.