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Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) Cyclically Adjusted Price-to-FCF : 37.81 (As of Apr. 27, 2024)


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What is Knight-Swift Transportation Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Knight-Swift Transportation Holdings's current share price is $46.89. Knight-Swift Transportation Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.24. Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF for today is 37.81.

The historical rank and industry rank for Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

KNX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 38   Med: 191.07   Max: 2488
Current: 38

During the past years, Knight-Swift Transportation Holdings's highest Cyclically Adjusted Price-to-FCF was 2488.00. The lowest was 38.00. And the median was 191.07.

KNX's Cyclically Adjusted Price-to-FCF is ranked worse than
72.68% of 410 companies
in the Transportation industry
Industry Median: 17.54 vs KNX: 38.00

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Knight-Swift Transportation Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.432. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Knight-Swift Transportation Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-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 Cyclically Adjusted Price-to-FCF Chart

Knight-Swift Transportation Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 517.38 177.06 89.37 45.94 46.47

Knight-Swift Transportation Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-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 49.25 45.13 42.26 46.47 -

Competitive Comparison of Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF

For the Trucking subindustry, Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-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 Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Knight-Swift Transportation Holdings Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=46.89/1.24
=37.81

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Knight-Swift Transportation Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.432/129.4194*129.4194
=0.432

Current CPI (Dec. 2023) = 129.4194.

Knight-Swift Transportation Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.125 99.695 0.162
201406 -0.653 100.560 -0.840
201409 -0.637 100.428 -0.821
201412 -0.241 99.070 -0.315
201503 0.527 99.621 0.685
201506 -0.185 100.684 -0.238
201509 -0.520 100.392 -0.670
201512 -0.099 99.792 -0.128
201603 0.590 100.470 0.760
201606 0.438 101.688 0.557
201609 0.069 101.861 0.088
201612 0.288 101.863 0.366
201703 0.596 102.862 0.750
201706 0.454 103.349 0.569
201709 -0.395 104.136 -0.491
201712 -0.612 104.011 -0.762
201803 0.850 105.290 1.045
201806 0.017 106.317 0.021
201809 -0.437 106.507 -0.531
201812 0.274 105.998 0.335
201903 0.793 107.251 0.957
201906 -0.571 108.070 -0.684
201909 -0.366 108.329 -0.437
201912 0.194 108.420 0.232
202003 0.268 108.902 0.318
202006 0.456 108.767 0.543
202009 0.892 109.815 1.051
202012 0.723 109.897 0.851
202103 1.159 111.754 1.342
202106 0.101 114.631 0.114
202109 1.299 115.734 1.453
202112 1.356 117.630 1.492
202203 1.753 121.301 1.870
202206 0.813 125.017 0.842
202209 1.102 125.227 1.139
202212 0.203 125.222 0.210
202303 0.524 127.348 0.533
202306 0.738 128.729 0.742
202309 -1.138 129.860 -1.134
202312 0.432 129.419 0.432

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Knight-Swift Transportation Holdings  (NYSE:KNX) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Knight-Swift Transportation Holdings Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-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