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5.34 (1y: +58%)
Market Cap 77.94 M P/E(ttm) 16.30
Enterprise Value 251.92 M P/B 0.83
CVTI- NAS (USA)
Covenant Transportation Group, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$5.34
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.037
CVTI's Cash to Debt is ranked lower than
74% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.49 vs. CVTI: 0.037 )
CVTI' s 10-Year Cash to Debt Range
Min: 0   Max: 0.63
Current: 0.04
0
0.63
Equity to Asset 0.235
CVTI's Equity to Asset is ranked lower than
74% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.38 vs. CVTI: 0.235 )
CVTI' s 10-Year Equity to Asset Range
Min: 0.2   Max: 0.54
Current: 0.24
0.2
0.54
Interest Coverage 1.8
CVTI's Interest Coverage is ranked lower than
76% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 12.85 vs. CVTI: 1.8 )
CVTI' s 10-Year Interest Coverage Range
Min: 2   Max: 13
Current: 1.8
2
13
F-Score: 7
Z-Score: 1.89
M-Score: -2.74
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 3.40
CVTI's Operating margin (%) is ranked lower than
64% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 5.70 vs. CVTI: 3.40 )
CVTI' s 10-Year Operating margin (%) Range
Min: -7.2   Max: 9
Current: 3.4
-7.2
9
Net-margin (%) 0.9
CVTI's Net-margin (%) is ranked lower than
68% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 3.20 vs. CVTI: 0.9 )
CVTI' s 10-Year Net-margin (%) Range
Min: -6.9   Max: 4.7
Current: 0.9
-6.9
4.7
ROE (%) 6.4
CVTI's ROE (%) is ranked lower than
53% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 6.00 vs. CVTI: 6.4 )
CVTI' s 10-Year ROE (%) Range
Min: -44.9   Max: 13.6
Current: 6.4
-44.9
13.6
ROA (%) 1.5
CVTI's ROA (%) is ranked lower than
64% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 2.40 vs. CVTI: 1.5 )
CVTI' s 10-Year ROA (%) Range
Min: -13.6   Max: 5.8
Current: 1.5
-13.6
5.8
ROC (Joel Greenblatt) (%) 7.10
CVTI's ROC (Joel Greenblatt) (%) is ranked lower than
56% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 8.00 vs. CVTI: 7.10 )
CVTI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -18.2   Max: 12.6
Current: 7.1
-18.2
12.6
Revenue Growth (%) 2.2
CVTI's Revenue Growth (%) is ranked higher than
73% of the 433 Companies
in the Global Trucking industry.

( Industry Median: -1.80 vs. CVTI: 2.2 )
CVTI' s 10-Year Revenue Growth (%) Range
Min: -5.3   Max: 5.7
Current: 2.2
-5.3
5.7
EBITDA Growth (%) 12
CVTI's EBITDA Growth (%) is ranked higher than
93% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.50 vs. CVTI: 12 )
CVTI' s 10-Year EBITDA Growth (%) Range
Min: -14.2   Max: 17.9
Current: 12
-14.2
17.9
ยป CVTI's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

CVTI Guru Trades in Q2 2012

Donald Smith 738,785 sh (unchged)
Jim Simons 263,600 sh (-5.55%)
» More
Q3 2012

CVTI Guru Trades in Q3 2012

Donald Smith 738,785 sh (unchged)
Jim Simons 262,300 sh (-0.49%)
» More
Q4 2012

CVTI Guru Trades in Q4 2012

Donald Smith 738,785 sh (unchged)
Jim Simons 255,600 sh (-2.55%)
» More
Q1 2013

CVTI Guru Trades in Q1 2013

Jim Simons 261,400 sh (+2.27%)
Donald Smith 738,785 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with CVTI

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Donald Smith 2011-12-31 Add 39.19%0.02%$2.73 - $3.41 $ 5.3473%738785
Donald Smith 2010-12-31 Reduce -32.84%0.09%$6.85 - $9.83 $ 5.34-35%597813
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 16.30
CVTI's P/E(ttm) is ranked higher than
53% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 18.14 vs. CVTI: 16.30 )
CVTI' s 10-Year P/E(ttm) Range
Min: 6.56   Max: 153.5
Current: 16.3
6.56
153.5
P/B 0.83
CVTI's P/B is ranked higher than
63% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 1.13 vs. CVTI: 0.83 )
CVTI' s 10-Year P/B Range
Min: 0.13   Max: 1.85
Current: 0.83
0.13
1.85
P/S 0.12
CVTI's P/S is ranked higher than
96% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.61 vs. CVTI: 0.12 )
CVTI' s 10-Year P/S Range
Min: 0.03   Max: 0.55
Current: 0.12
0.03
0.55
PFCF 267.00
CVTI's PFCF is ranked lower than
68% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 15.02 vs. CVTI: 267.00 )
CVTI' s 10-Year PFCF Range
Min: 5.57   Max: 321
Current: 267
5.57
321
EV-to-EBIT 12.51
CVTI's EV-to-EBIT is ranked higher than
81% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 14.30 vs. CVTI: 12.51 )
CVTI' s 10-Year EV-to-EBIT Range
Min: 6.9   Max: 273.8
Current: 12.51
6.9
273.8
PEG 0.85
CVTI's PEG is ranked lower than
77% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 1.30 vs. CVTI: 0.85 )
CVTI' s 10-Year PEG Range
Min: 0.75   Max: 65.88
Current: 0.85
0.75
65.88
Shiller P/E 179.6
CVTI's Shiller P/E is ranked lower than
79% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 13.80 vs. CVTI: 179.6 )
CVTI' s 10-Year Shiller P/E Range
Min: 19.5   Max: 195
Current: 179.6
19.5
195

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 1.8
CVTI's Price/Net Current Asset Value is ranked higher than
66% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 8.00 vs. CVTI: 1.8 )
CVTI' s 10-Year Price/Net Current Asset Value Range
Min: 0.7   Max: 6.5
Current: 1.8
0.7
6.5
Price/Tangible Book 0.9
CVTI's Price/Tangible Book is ranked higher than
61% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 1.45 vs. CVTI: 0.9 )
CVTI' s 10-Year Price/Tangible Book Range
Min: 0.3   Max: 1.6
Current: 0.9
0.3
1.6
Price/Median PS Value 0.5
CVTI's Price/Median PS Value is ranked higher than
61% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.80 vs. CVTI: 0.5 )
CVTI' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 2.1
Current: 0.5
0.2
2.1
Price/Peter Lynch Fair Value 0.8
CVTI's Price/Peter Lynch Fair Value is ranked lower than
76% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.95 vs. CVTI: 0.8 )
CVTI' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.8   Max: 15
Current: 0.8
0.8
15
Price/Graham Number 0.7
CVTI's Price/Graham Number is ranked higher than
72% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 1.00 vs. CVTI: 0.7 )
CVTI' s 10-Year Price/Graham Number Range
Min: 0.7   Max: 2.5
Current: 0.7
0.7
2.5
Earnings Yield (Greenblatt) 8.00
CVTI's Earnings Yield (Greenblatt) is ranked higher than
88% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 7.10 vs. CVTI: 8.00 )
CVTI' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 14.6
Current: 8
0.4
14.6
Forward Rate of Return (Yacktman) -43.03
CVTI's Forward Rate of Return (Yacktman) is ranked higher than
64% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 3.78 vs. CVTI: -43.03 )
CVTI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -158.7   Max: 16.4
Current: -43.03
-158.7
16.4

Business Description

Covenant Transportation Group, Inc., a Nevada holding company organized in May 1994. The Company through its wholly-owned subsidiaries offers truckload transportation and brokerage services to customers throughout the continental United States. The Company has two reportable segments: Asset-Based Truckload Services ('Truckload') and its Brokerage Services, also known as Covenant Transport Solutions, Inc. ('Solutions'). The Truckload segment consists of three asset-based operating fleets that are aggregated because they have similar economic characteristics and meet the aggregation criteria. The three operating fleets that comprise its Truckload segment are: Covenant Transport, Inc., its historical flagship operation, which provides expedited long haul, dedicated, and regional solo-driver service; Southern Refrigerated Transportation, Inc., or SRT, which provides mainly long-haul and regional temperature-controlled service; and Star Transportation, Inc., which provides regional solo-driver service. The Solutions segment provides freight brokerage service directly and through freight brokerage agents who are paid a commission for the freight they provide. The brokerage operation has helped the Company continue to serve customers when it lacked capacity in a given area or when the load has not met the operating profile of its Truckload segment. The Company's main customers include manufacturers and retailers, as well as other transportation companies that seek its services when its team-driven tractors or other service capabilities offer them an advantage. The Company competes to some extent with railroads and rail-truck intermodal service but attempt to differentiate ourselves from them on the basis of service. The Company's operations are regulated and licensed by various U.S. agencies.
Company Website
SEC Reports
Industry: Trucking
Compare:JBHT, NPEXY, ODFL, WERN, CNW
ยป More Articles for CVTI

Headlines

Articles On GuruFocus.com
Covenant Transportation Group Inc. Reports Operating Results (10-K) Mar 01 2011 

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