Company Valuation: Forward Air Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,264 2,789 1,613 933.8 781.2 604.3 - -
Change - -14.56% -42.15% -42.12% -16.34% -22.64% - -
Enterprise Value (EV) 1 3,264 2,789 3,366 2,553 2,401 2,372 2,227 604.3
Change - -14.56% 20.68% -24.16% -5.95% -1.22% -6.09% -72.87%
P/E 31.5x 14.7x 9.82x -1.09x -7.12x -2.29x 163x -
PBR - - 2.14x 3.97x 6.91x -4.47x -4.55x -
PEG - 0.2x -0.9x 0x 0.1x -0x -2x -
Capitalization / Revenue 1.96x 1.41x 1.18x 0.38x 0.31x 0.23x 0.23x -
EV / Revenue 1.96x 1.41x 2.46x 1.03x 0.96x 0.92x 0.85x -
EV / EBITDA 16.4x 8.9x 16.6x 8.3x 7.82x 7.37x 6.66x 1.71x
EV / EBIT 19.6x 10.4x 23.1x 15.8x 15.3x 14.7x 13x 3.03x
EV / FCF 38.1x 12.8x 19.5x -23.6x 137x 25.8x 16.5x -
FCF Yield 2.63% 7.83% 5.12% -4.24% 0.73% 3.87% 6.06% -
Dividend per Share 2 0.84 0.96 0.96 - - - - -
Rate of return 0.69% 0.92% 1.53% - - - - -
EPS 2 3.85 7.14 6.4 -29.66 -3.51 -7.8 0.11 -
Distribution rate 21.8% 13.4% 15% - - - - -
Net sales 1 1,662 1,973 1,371 2,474 2,495 2,572 2,606 -
EBITDA 1 198.9 313.4 203.1 307.7 307.1 321.7 334.3 353
EBIT 1 166.7 267.7 145.7 161.4 157.4 161.1 171.9 199.3
Net income 1 105.9 193.2 167.4 -817 -141.7 -242.5 4.8 -
Net Debt 1 - - 1,752 1,619 1,620 1,767 1,623 -
Reference price 2 121.09 104.89 62.87 32.25 25.00 17.89 17.89 17.89
Nbr of stocks (in thousands) 26,958 26,590 25,662 28,954 31,248 33,781 - -
Announcement Date 09/02/22 08/02/23 28/02/24 26/02/25 23/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-2.29x0.92x7.37x-.--% 60Cr
16.96x1.17x8.54x6.4% 8.7TCr
15.48x0.94x8.22x1.68% 7.63TCr
15.86x0.95x7.05x3.62% 7.07TCr
24.45x1.82x17.31x0.83% 2.45TCr
20.23x0.78x8.43x-.--% 1.19TCr
22.23x2.49x9.51x-.--% 903.99Cr
8.56x0.35x5.21x6.32% 622.63Cr
14.14x0.65x7.43x3.65% 566.31Cr
29.46x0.54x7.83x-.--% 554.16Cr
Average 16.51x 1.06x 8.69x 2.25% 2.98TCr
Weighted average by Cap. 17.19x 1.10x 8.75x 3.43%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. FWRD Stock
  4. Valuation Forward Air Corporation
40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!