Valuation Forward Air Corporation

Equities

Market Closed - Nasdaq Other stock markets 21:00:00 09/09/2024 BST			5-day change	1st Jan Change
32.10 ^USD	+0.50%		+1.04%	-48.94%

08-21	Activist Ancora Pushes Forward Air to Pursue Sale	CI
08-20	Exclusive-Activist Ancora pushes Forward Air to consider sale, letter to board says	RE

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,971	2,114	3,264	2,789	1,613	889.2	-	-
Change	-	7.26%	54.44%	-14.56%	-42.15%	-44.89%	-	-
Enterprise Value (EV) ¹	2,030	2,236	3,264	2,789	3,366	2,557	2,367	2,525
Change	-	10.15%	45.97%	-14.56%	20.68%	-24.02%	-7.45%	6.7%
P/E ratio	23x	91.5x	31.5x	14.7x	9.82x	-1.08x	145x	134x
PBR	3.38x	3.83x	-	-	2.14x	3.68x	3.36x	-
PEG	-	-1.3x	0x	0.2x	-0.9x	0x	-1x	16.53x
Capitalization / Revenue	1.4x	1.66x	1.96x	1.41x	1.18x	0.35x	0.32x	0.28x
EV / Revenue	1.44x	1.76x	1.96x	1.41x	2.46x	1.02x	0.85x	0.8x
EV / EBITDA	12.6x	20.1x	16.4x	8.9x	16.6x	8.33x	6.21x	5.45x
EV / EBIT	17.1x	30.3x	19.6x	10.4x	23.1x	21.2x	10.1x	9.38x
EV / FCF	15.1x	28.6x	38.1x	12.8x	19.5x	-45.9x	17.1x	15.9x
FCF Yield	6.61%	3.5%	2.63%	7.83%	5.12%	-2.18%	5.84%	6.28%
Dividend per Share ²	0.72	-	0.84	0.96	0.96	-	-	-
Rate of return	1.03%	-	0.69%	0.92%	1.53%	-	-	-
EPS ²	3.04	0.84	3.85	7.14	6.4	-29.62	0.222	0.24
Distribution rate	23.7%	-	21.8%	13.4%	15%	-	-	-
Net sales ¹	1,410	1,270	1,662	1,973	1,371	2,509	2,790	3,166
EBITDA ¹	160.9	111	198.9	313.4	203.1	307	381.1	463.2
EBIT ¹	118.8	73.92	166.7	267.7	145.7	120.8	234.4	269.2
Net income ¹	87.1	23.73	105.9	193.2	167.4	-1,081	9.231	10.6
Net Debt ¹	59.54	122.6	-	-	1,752	1,668	1,478	1,636
Reference price ²	69.95	76.84	121.09	104.89	62.87	32.10	32.10	32.10
Nbr of stocks (in thousands)	28,172	27,508	26,958	26,590	25,662	27,700	-	-
Announcement Date	06/02/20	11/02/21	09/02/22	08/02/23	28/02/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
FORWARD AIR CORPORATION	-1.08x	1.02x	8.33x	-.--%	889M
UNITED PARCEL SERVICE, INC.	17.84x	1.38x	10.41x	+5.05%	110B
FEDEX CORPORATION	14.21x	0.92x	7.28x	+1.90%	69.4B
DHL GROUP	13.53x	0.77x	6.05x	+4.78%	50.13B
EXPEDITORS INTERNATIONAL OF WASHINGTON INC.	24.39x	1.71x	16.93x	+1.17%	17.29B
INPOST S.A.	30.17x	4.1x	12.91x	-.--%	10.12B
J&T GLOBAL EXPRESS LIMITED	72.95x	0.69x	9.58x	-.--%	6.7B
SG HOLDINGS CO.,LTD.	15.13x	0.65x	6.89x	+3.25%	7.02B
GXO LOGISTICS, INC.	32.07x	0.68x	9.58x	-.--%	5.76B
MAINFREIGHT LIMITED	26.45x	1.43x	9.86x	+2.32%	4.54B
Average	24.57x	1.34x	9.78x	+1.85%	28.22B
Weighted average by Cap.	18.64x	1.23x	9.22x	+3.48%