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Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) Intrinsic Value: Projected FCF : $59.44 (As of Apr. 25, 2024)


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What is Knight-Swift Transportation Holdings Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-25), Knight-Swift Transportation Holdings's Intrinsic Value: Projected FCF is $59.44. The stock price of Knight-Swift Transportation Holdings is $48.51. Therefore, Knight-Swift Transportation Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.

The historical rank and industry rank for Knight-Swift Transportation Holdings's Intrinsic Value: Projected FCF or its related term are showing as below:

KNX' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.81   Med: 1.29   Max: 5.99
Current: 0.82

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Knight-Swift Transportation Holdings was 5.99. The lowest was 0.81. And the median was 1.29.

KNX's Price-to-Projected-FCF is ranked better than
50.71% of 700 companies
in the Transportation industry
Industry Median: 0.84 vs KNX: 0.82

Knight-Swift Transportation Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for Knight-Swift Transportation Holdings's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Knight-Swift Transportation Holdings Intrinsic Value: Projected FCF Chart

Knight-Swift Transportation Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.12 34.16 48.39 60.61 59.44

Knight-Swift Transportation Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.61 61.82 63.08 60.06 59.44

Competitive Comparison of Knight-Swift Transportation Holdings's Intrinsic Value: Projected FCF

For the Trucking subindustry, Knight-Swift Transportation Holdings's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Knight-Swift Transportation Holdings's Price-to-Projected-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Knight-Swift Transportation Holdings's Price-to-Projected-FCF falls into.



Knight-Swift Transportation Holdings Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Knight-Swift Transportation Holdings's Free Cash Flow(6 year avg) = $289.05.

Knight-Swift Transportation Holdings's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(13.689378362526*289.05072+7087.39*0.8)/161.958
=59.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Knight-Swift Transportation Holdings  (NYSE:KNX) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Knight-Swift Transportation Holdings's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=48.51/59.440328184101
=0.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Knight-Swift Transportation Holdings Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Knight-Swift Transportation Holdings's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) Business Description

Traded in Other Exchanges
Address
2002 West Wahalla Lane, Phoenix, AZ, USA, 85027
Knight-Swift is the largest truckload, or TL, carrier in the U.S., with a diversified transportation offering. Pro forma for the U.S. Xpress deal, 74% of revenue derives from Knight's asset-based trucking business, with full-truckload (for-hire dry van, refrigerated, and dedicated contract) making up 63% and LTL at 11%. Truck brokerage and other asset-light logistics services make up 14% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class-I railroads for the underlying movement of its shipping containers and also include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue (6%) reflects services offered to shippers and third-party truckers including insurance, equipment maintenance, and equipment leasing.
Executives
Timothy Sean Harrington officer: Exec. Vice Pres. Sales 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
James L Fitzsimmons officer: Exec. Vice Pres. Operations 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
Cary M Flanagan officer: Controller SWIFT TRANSPORTATION COMPANY, 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Amy Boerger director 2002 W WAHALLA LANE, PHOENIX AZ 85027
Kevin P Knight director, officer: Executive Chairman 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Joshua Smith officer: CFO, US Xpress Inc. 2002 W WAHALLA LANE, PHOENIX AZ 85027
Dustin Ohlman officer: VP Intermodal 2200 S 75TH AVE, PHOENIX AZ 85043
Reed Stultz officer: SR VP Logistics 2002 W WAHALLA LANE, PHOENIX AZ 85027
Michael K Liu officer: Exec VP of Ops, Knight Trans 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Kathryn L Munro director 200 N WASHINGTON SQUARE, LANSING MI 48933
Jessica Powell director 2002 W WAHALLA, PHOENIX AZ 85027
Updike James E. Jr. officer: EVP Sales & Mkt, Knight Trans. 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Louis Hobson director 2002 W WAHALLA LANE, PHOENIX AZ 85027
Gary J Knight director, officer: Vice Chairman 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
Reid Dove director 20002 NORTH 19TH AVENUE, PHOENIX AZ 85027

Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) Headlines