Covenant Logistics Group Stock Book Value Per Share
| CV5 Stock | EUR 53.00 1.00 1.92% |
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 Book Value Per Share Analysis
Covenant Logistics' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Covenant Logistics Book Value Per Share | 27.29 X |
Most of Covenant Logistics' fundamental indicators, such as Book Value Per Share, 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 naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Covenant Logistics Group is about 27.29 times. This is 99.94% lower than that of the Industrials sector and notably higher than that of the Trucking industry. The book value per share for all Germany stocks is 98.59% higher than that of the company.
Covenant Book Value Per Share 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 Book Value Per Share 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 book value per share 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.