What is Covenant Logistics Group Peter Lynch Fair Value?
Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.
Here, as of today, Covenant Logistics Group's PEG is 1. Covenant Logistics Group's 5-Year TTM EBITDA Growth Rate is 24.58.
Covenant Logistics Group's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3.47. Therefore, the Peter Lynch Fair Value for today is $85.32.
The historical rank and industry rank for Covenant Logistics Group's Peter Lynch Fair Value or its related term are showing as below:
CVLG'
s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.52 Med: 1.29 Max: 3.54
Current: 0.53
During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of Covenant Logistics Group was 3.54. The lowest was 0.52. And the median was 1.29.
CVLG's Price-to-Peter-Lynch-Fair-Value is ranked better than 67.26% of 339
companies
in the Transportation industry
Industry Median: 0.87
vs CVLG: 0.53
Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.
Covenant Logistics Group Peter Lynch Fair Value Historical Data
The historical data trend for Covenant Logistics Group's Peter Lynch Fair Value 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.
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Covenant Logistics Group Peter Lynch Fair Value Chart
Competitive Comparison of Covenant Logistics Group's Peter Lynch Fair Value
For the Trucking subindustry, Covenant Logistics Group's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value 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.
Covenant Logistics Group's Price-to-Peter-Lynch-Fair-Value Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Covenant Logistics Group's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:
* The bar in red indicates where Covenant Logistics Group's Price-to-Peter-Lynch-Fair-Value falls into.
Covenant Logistics Group Peter Lynch Fair Value Calculation
Covenant Logistics Group's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.47.
* 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.
** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.
If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.
If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.
Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.
Covenant Logistics Group (NAS:CVLG) Peter Lynch Fair Value Explanation
Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.
Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.
Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 24.58 instead of 15 in this case.
Covenant Logistics Group's Price to Peter Lynch Fair Value Ratio for today is calculated as
Price to Peter Lynch Fair Value
=
Share Price
/
Peter Lynch Fair Value
=
44.90
/
85.32
=
0.53
* 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.
Covenant Logistics Group Peter Lynch Fair Value Related Terms
Thank you for viewing the detailed overview of Covenant Logistics Group's Peter Lynch Fair Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Covenant Logistics Group (Covenant Logistics Group) Business Description
Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.
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