Old Dominion Current Valuation vs. Shares Owned By Insiders
| ODFL Stock | USD 181.37 6.37 3.39% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.62 | 0.3532 |
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| Net Profit Margin | 0.22 | 0.2113 |
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| Operating Profit Margin | 0.29 | 0.2797 |
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| Pretax Profit Margin | 0.29 | 0.2809 |
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| Return On Assets | 0.24 | 0.2249 |
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| Return On Equity | 0.31 | 0.2911 |
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For Old Dominion profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Old Dominion to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Old Dominion Freight utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Old Dominion's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Old Dominion Freight over time as well as its relative position and ranking within its peers.
Old |
Old Dominion's Revenue Breakdown by Earning Segment
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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.
Old Dominion Freight Shares Owned By Insiders vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Old Dominion's current stock value. Our valuation model uses many indicators to compare Old Dominion value to that of its competitors to determine the firm's financial worth. Old Dominion Freight is rated top company in current valuation category among its peers. It is regarded fifth in shares owned by insiders category among its peers . The ratio of Current Valuation to Shares Owned By Insiders for Old Dominion Freight is about 3,824,888,350 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Old Dominion by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Old Current Valuation vs. Competition
Old Dominion Freight is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 50.78 Billion. Old Dominion totals roughly 38.71 Billion in current valuation claiming about 76% of equities under Industrials industry.
Old Shares Owned By Insiders vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Old Dominion |
| = | 38.71 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Old Dominion |
| = | 10.12 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Old Shares Owned By Insiders Comparison
Old Dominion is currently under evaluation in shares owned by insiders category among its peers.
Old Dominion Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Old Dominion, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Old Dominion will eventually generate negative long term returns. The profitability progress is the general direction of Old Dominion's change in net profit over the period of time. It can combine multiple indicators of Old Dominion, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | 1.6 B | 1.7 B | |
| Net Income | 1.2 B | 1.3 B | |
| Income Tax Expense | 408.3 M | 428.7 M | |
| Income Before Tax | 1.6 B | 1.7 B | |
| Total Other Income Expense Net | 7.1 M | 7.9 M | |
| Net Income Applicable To Common Shares | 1.6 B | 1.7 B | |
| Net Income From Continuing Ops | 1.2 B | 1.3 B | |
| Non Operating Income Net Other | 2.6 M | 2.8 M | |
| Interest Income | 12.8 M | 13.4 M | |
| Net Interest Income | 12.3 M | 13 M | |
| Change To Netincome | 85.6 M | 89.9 M | |
| Net Income Per Share | 5.66 | 5.95 | |
| Income Quality | 1.27 | 1.20 | |
| Net Income Per E B T | 0.75 | 0.50 |
Old Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Old Dominion. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Old Dominion position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Old Dominion's important profitability drivers and their relationship over time.
Use Old Dominion in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Old Dominion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Old Dominion will appreciate offsetting losses from the drop in the long position's value.Old Dominion Pair Trading
Old Dominion Freight Pair Trading Analysis
The ability to find closely correlated positions to Old Dominion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Old Dominion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Old Dominion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Old Dominion Freight to buy it.
The correlation of Old Dominion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Old Dominion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Old Dominion Freight moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Old Dominion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Old Dominion position
In addition to having Old Dominion in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Funds or Etfs investing in real estate backed instruments or issues backed by different types of commercial properties. The Realty Funds theme has 45 constituents at this time.
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Check out Your Equity Center. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
To fully project Old Dominion's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Old Dominion Freight at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Old Dominion's income statement, its balance sheet, and the statement of cash flows.