Old Payout Ratio vs Price To Sales Ratio Analysis

ODFL Stock

USD 181.37 6.37 3.39%

Old Dominion financial indicator trend analysis is much more than just breaking down Old Dominion Freight prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Old Dominion Freight is a good investment. Please check the relationship between Old Dominion Payout Ratio and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Payout Ratio vs Price To Sales Ratio

Payout Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Old Dominion Freight Payout Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Old Dominion's Payout Ratio and Price To Sales Ratio is -0.28. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Old Dominion Freight, assuming nothing else is changed. The correlation between historical values of Old Dominion's Payout Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Old Dominion Freight are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Payout Ratio i.e., Old Dominion's Payout Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Old Dominion Freight earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Old Dominion Freight dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Old Dominion Freight is paying out more in dividends than it makes in net income.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Old Dominion Freight stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Old Dominion sales, a figure that is much harder to manipulate than other Old Dominion Freight multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Old Dominion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Old Dominion Freight current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

At this time, Old Dominion's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 23.48 this year, although the value of Tax Provision will most likely fall to about 287.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.8B	2.3B	2.1B	2.2B
Total Revenue	5.3B	6.3B	5.9B	6.2B

Gross Profit Total Revenue

Old Dominion fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Common Stock Shares Outstanding		0.78	0.04	0.49	0.75	0.77	0.72	-0.68	0.77	0.62	0.71	0.74	-0.46	0.78	0.76	0.75	-0.52	0.36	-0.58	0.77	0.84	-0.34	0.27	0.65	0.65	0.83
Total Assets	0.78		-0.06	0.78	0.98	1.0	0.99	-0.79	1.0	0.93	0.85	0.99	0.0	0.75	0.98	0.9	-0.3	0.26	-0.31	0.96	0.94	-0.26	0.04	0.88	0.92	0.67
Short Long Term Debt Total	0.04	-0.06		0.07	0.01	-0.11	-0.05	0.43	-0.13	-0.05	-0.07	-0.05	0.29	-0.13	-0.07	0.26	0.26	-0.14	0.06	0.14	-0.1	0.52	-0.17	0.25	-0.01	0.18
Other Current Liab	0.49	0.78	0.07		0.75	0.77	0.77	-0.61	0.77	0.7	0.73	0.76	0.3	0.63	0.77	0.75	-0.12	-0.02	-0.05	0.77	0.75	-0.06	-0.56	0.74	0.68	0.53
Total Current Liabilities	0.75	0.98	0.01	0.75		0.97	0.99	-0.68	0.97	0.95	0.76	0.99	-0.03	0.64	0.99	0.9	-0.33	0.24	-0.26	0.97	0.87	-0.17	0.07	0.92	0.94	0.68
Total Stockholder Equity	0.77	1.0	-0.11	0.77	0.97		0.99	-0.82	1.0	0.92	0.87	0.99	0.0	0.77	0.98	0.87	-0.28	0.24	-0.33	0.94	0.94	-0.31	0.04	0.86	0.92	0.64
Property Plant And Equipment Net	0.72	0.99	-0.05	0.77	0.99	0.99		-0.72	0.98	0.96	0.79	1.0	0.05	0.66	0.98	0.89	-0.26	0.21	-0.24	0.96	0.88	-0.2	0.02	0.9	0.95	0.65
Net Debt	-0.68	-0.79	0.43	-0.61	-0.68	-0.82	-0.72		-0.83	-0.59	-0.92	-0.73	0.09	-0.91	-0.73	-0.54	0.22	-0.27	0.48	-0.62	-0.9	0.62	-0.06	-0.47	-0.61	-0.41
Retained Earnings	0.77	1.0	-0.13	0.77	0.97	1.0	0.98	-0.83		0.92	0.87	0.99	0.0	0.77	0.98	0.86	-0.28	0.24	-0.33	0.94	0.94	-0.32	0.04	0.85	0.92	0.64
Accounts Payable	0.62	0.93	-0.05	0.7	0.95	0.92	0.96	-0.59	0.92		0.65	0.96	0.07	0.5	0.93	0.86	-0.27	0.19	-0.11	0.92	0.76	-0.05	0.01	0.86	0.92	0.59
Cash	0.71	0.85	-0.07	0.73	0.76	0.87	0.79	-0.92	0.87	0.65		0.8	0.1	0.94	0.78	0.7	-0.06	0.18	-0.49	0.75	0.95	-0.47	-0.06	0.64	0.71	0.46
Non Current Assets Total	0.74	0.99	-0.05	0.76	0.99	0.99	1.0	-0.73	0.99	0.96	0.8		0.03	0.68	0.98	0.9	-0.28	0.22	-0.26	0.97	0.89	-0.21	0.03	0.9	0.95	0.66
Non Currrent Assets Other	-0.46	0.0	0.29	0.3	-0.03	0.0	0.05	0.09	0.0	0.07	0.1	0.03		-0.11	-0.05	0.05	0.71	-0.32	0.44	0.01	-0.09	0.32	-0.58	0.12	0.05	-0.28
Cash And Short Term Investments	0.78	0.75	-0.13	0.63	0.64	0.77	0.66	-0.91	0.77	0.5	0.94	0.68	-0.11		0.68	0.64	-0.23	0.32	-0.54	0.66	0.93	-0.51	0.02	0.51	0.53	0.53
Net Receivables	0.76	0.98	-0.07	0.77	0.99	0.98	0.98	-0.73	0.98	0.93	0.78	0.98	-0.05	0.68		0.89	-0.4	0.33	-0.22	0.96	0.9	-0.21	0.07	0.9	0.9	0.7
Non Current Liabilities Total	0.75	0.9	0.26	0.75	0.9	0.87	0.89	-0.54	0.86	0.86	0.7	0.9	0.05	0.64	0.89		-0.36	0.35	-0.12	0.98	0.83	0.02	-0.03	0.92	0.79	0.8
Inventory	-0.52	-0.3	0.26	-0.12	-0.33	-0.28	-0.26	0.22	-0.28	-0.27	-0.06	-0.28	0.71	-0.23	-0.4	-0.36		-0.73	-0.09	-0.35	-0.33	0.03	-0.4	-0.26	-0.09	-0.66
Other Current Assets	0.36	0.26	-0.14	-0.02	0.24	0.24	0.21	-0.27	0.24	0.19	0.18	0.22	-0.32	0.32	0.33	0.35	-0.73		0.23	0.31	0.34	0.04	0.57	0.26	-0.04	0.53
Other Stockholder Equity	-0.58	-0.31	0.06	-0.05	-0.26	-0.33	-0.24	0.48	-0.33	-0.11	-0.49	-0.26	0.44	-0.54	-0.22	-0.12	-0.09	0.23		-0.19	-0.44	0.64	-0.25	-0.11	-0.35	-0.08
Total Liab	0.77	0.96	0.14	0.77	0.97	0.94	0.96	-0.62	0.94	0.92	0.75	0.97	0.01	0.66	0.96	0.98	-0.35	0.31	-0.19		0.87	-0.07	0.02	0.95	0.88	0.76
Total Current Assets	0.84	0.94	-0.1	0.75	0.87	0.94	0.88	-0.9	0.94	0.76	0.95	0.89	-0.09	0.93	0.9	0.83	-0.33	0.34	-0.44	0.87		-0.41	0.05	0.76	0.77	0.66
Short Term Debt	-0.34	-0.26	0.52	-0.06	-0.17	-0.31	-0.2	0.62	-0.32	-0.05	-0.47	-0.21	0.32	-0.51	-0.21	0.02	0.03	0.04	0.64	-0.07	-0.41		-0.26	0.04	-0.23	0.06
Current Deferred Revenue	0.27	0.04	-0.17	-0.56	0.07	0.04	0.02	-0.06	0.04	0.01	-0.06	0.03	-0.58	0.02	0.07	-0.03	-0.4	0.57	-0.25	0.02	0.05	-0.26		-0.02	0.01	0.13
Common Stock Total Equity	0.65	0.88	0.25	0.74	0.92	0.86	0.9	-0.47	0.85	0.86	0.64	0.9	0.12	0.51	0.9	0.92	-0.26	0.26	-0.11	0.95	0.76	0.04	-0.02		0.83	0.72
Property Plant And Equipment Gross	0.65	0.92	-0.01	0.68	0.94	0.92	0.95	-0.61	0.92	0.92	0.71	0.95	0.05	0.53	0.9	0.79	-0.09	-0.04	-0.35	0.88	0.77	-0.23	0.01	0.83		0.49
Common Stock	0.83	0.67	0.18	0.53	0.68	0.64	0.65	-0.41	0.64	0.59	0.46	0.66	-0.28	0.53	0.7	0.8	-0.66	0.53	-0.08	0.76	0.66	0.06	0.13	0.72	0.49

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Old Dominion Account Relationship Matchups

Old Dominion fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	241.2M	237.0M	232.8M	226.2M	220.2M	142.7M
Total Assets	3.5B	4.4B	4.8B	4.8B	5.5B	5.8B
Short Long Term Debt Total	99.9M	112.9M	119.9M	100.0M	200.4M	138.0M
Other Current Liab	304.6M	381.7M	93.0M	403.5M	411.9M	432.5M
Total Current Liabilities	356.7M	373.1M	464.2M	529.8M	544.7M	571.9M
Total Stockholder Equity	2.7B	3.3B	3.7B	3.7B	4.3B	4.5B
Property Plant And Equipment Net	2.8B	2.9B	3.2B	3.7B	4.2B	4.4B
Net Debt	(145.3M)	(301.5M)	(362.6M)	(86.3M)	(233.4M)	(221.8M)
Retained Earnings	2.5B	3.1B	3.5B	3.4B	4.0B	4.2B
Accounts Payable	78.5M	68.5M	82.5M	106.3M	112.8M	118.4M
Cash	190.3M	401.4M	462.6M	186.3M	433.8M	455.5M
Non Current Assets Total	2.8B	3.1B	3.4B	3.9B	4.4B	4.6B
Non Currrent Assets Other	84.1M	(8.2M)	(26.6M)	(92.7M)	157.3M	165.1M
Cash And Short Term Investments	190.3M	731.7M	717.0M	235.7M	433.8M	455.5M
Net Receivables	468.3M	454.2M	599.1M	605.1M	615.3M	646.1M
Liabilities And Stockholders Equity	3.5B	4.4B	4.8B	4.8B	5.5B	5.8B
Non Current Liabilities Total	508.1M	670.0M	677.5M	655.9M	709.9M	745.4M
Inventory	(468.3M)	(454.2M)	(599.1M)	(605.1M)	(17.9M)	(18.8M)
Other Current Assets	511.6M	666.8M	698.1M	92.9M	94.2M	183.7M
Other Stockholder Equity	1.5B	226.5M	174.4M	244.6M	243.0M	475.8M
Total Liab	864.8M	1.0B	1.1B	1.2B	1.3B	1.3B
Total Current Assets	706.2M	1.2B	1.4B	933.7M	1.1B	1.2B
Common Stock Total Equity	8.0M	11.7M	11.5M	11.0M	12.7M	13.3M
Property Plant And Equipment Gross	3.0B	2.9B	5.1B	5.8B	6.2B	6.6B
Common Stock	8.1M	11.7M	11.5M	11.0M	10.9M	6.1M
Other Liab	447.7M	570.1M	577.6M	495.1M	569.4M	597.9M
Other Assets	75.1M	2.7B	222.1M	122.6M	1.0	0.95
Property Plant Equipment	3.0B	2.9B	3.2B	3.7B	4.2B	4.5B
Net Tangible Assets	3.1B	3.3B	3.7B	3.7B	4.2B	2.3B
Retained Earnings Total Equity	2.9B	3.1B	3.5B	3.4B	3.9B	2.1B
Capital Surpluse	222.4M	226.5M	174.4M	244.6M	281.3M	173.3M
Deferred Long Term Liab	262.0M	220.2M	248.7M	310.5M	357.1M	234.8M

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When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Dominion's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:

How To Invest In Old

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Is Old Stock a good investment?

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What is Old Dominion's Net Worth?

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Largest Cargo Ground Transportation Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.07)

Dividend Share

0.98

Earnings Share

5.71

Revenue Per Share

27.363

Quarterly Revenue Growth

(0.03)

The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Old Payout Ratio vs Price To Sales Ratio Analysis

Payout Ratio vs Price To Sales Ratio

Payout Ratio vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Payout Ratio

Price To Sales Ratio

Old Dominion fundamental ratios Correlations

Old Dominion Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Old Dominion fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Cash	- 0.92	Net Debt
Cash And Short Term Investments	- 0.91	Net Debt
Total Current Assets	- 0.9	Net Debt
Retained Earnings	- 0.83	Net Debt
Net Debt	- 0.82	Total Stockholder Equity
Net Debt	- 0.79	Total Assets