Covenant Logistics Group Stock Price To Sales
| CV5 Stock | EUR 26.00 0.50 1.89% |
Covenant Logistics Group fundamentals help investors to digest information that contributes to Covenant Logistics' financial success or failures. It also enables traders to predict the movement of Covenant Stock. The fundamental analysis module provides a way to measure Covenant Logistics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Covenant Logistics stock.
Covenant |
Covenant Logistics Group Company Price To Sales Analysis
Covenant Logistics' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Covenant Logistics Price To Sales | 0.39 X |
Most of Covenant Logistics' fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Covenant Logistics Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Covenant Logistics Group has a Price To Sales of 0.3891 times. This is 98.6% lower than that of the Industrials sector and 49.47% lower than that of the Trucking industry. The price to sales for all Germany stocks is 96.59% higher than that of the company.
Covenant Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Covenant Logistics' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Covenant Logistics could also be used in its relative valuation, which is a method of valuing Covenant Logistics by comparing valuation metrics of similar companies.Covenant Logistics is currently under evaluation in price to sales category among its peers.
Covenant Fundamentals
| Return On Equity | 0.3 | |||
| Return On Asset | 0.0758 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 558.97 M | |||
| Shares Outstanding | 11.14 M | |||
| Shares Owned By Insiders | 30.68 % | |||
| Shares Owned By Institutions | 68.79 % | |||
| Price To Earning | 147.37 X | |||
| Price To Book | 1.32 X | |||
| Price To Sales | 0.39 X | |||
| Revenue | 1.22 B | |||
| Gross Profit | 238.11 M | |||
| EBITDA | 145.88 M | |||
| Net Income | 108.68 M | |||
| Cash And Equivalents | 4.97 M | |||
| Cash Per Share | 0.30 X | |||
| Total Debt | 20.35 M | |||
| Debt To Equity | 0.30 % | |||
| Current Ratio | 1.12 X | |||
| Book Value Per Share | 27.29 X | |||
| Cash Flow From Operations | 73.22 M | |||
| Earnings Per Share | 6.56 X | |||
| Target Price | 31.67 | |||
| Number Of Employees | 28 | |||
| Beta | 1.42 | |||
| Market Capitalization | 435.41 M | |||
| Total Asset | 651.66 M | |||
| Z Score | 13.6 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 651.66 M |
About Covenant Logistics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Covenant Logistics Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Covenant Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Covenant Logistics Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in Covenant Stock
Covenant Logistics financial ratios help investors to determine whether Covenant Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Covenant with respect to the benefits of owning Covenant Logistics security.