Covenant Logistics Group (FRA:CV5) E10: €1.09 (As of Mar. 2026)


FRA:CV5 Covenant Logistics Group Inc FRA:CV5
68 GF Score
Price €38.00
GF Value €22.87
! 10 Warning Signs
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What is Covenant Logistics Group E10?

Covenant Logistics Group FRA:CV5 +0.53% 68 E10 is €1.09 as of Mar. 2026. GuruFocus rates FRA:CV5 with a GF Score™ of 68/100 and a GF Value™ of €22.87. The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Covenant Logistics Group's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.147. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Covenant Logistics Group's average E10 Growth Rate was -5.90% per year. During the past 3 years, the average E10 Growth Rate was 6.30% per year. During the past 5 years, the average E10 Growth Rate was 25.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Covenant Logistics Group was 100.00% per year. The lowest was -141.00% per year. And the median was 11.20% per year.

As of today (2026-06-27), Covenant Logistics Group's current stock price is €38.00. Covenant Logistics Group's E10 for the quarter that ended in Mar. 2026 was €1.09. Covenant Logistics Group's Shiller PE Ratio of today is 34.86.

During the past 13 years, the highest Shiller PE Ratio of Covenant Logistics Group was 318.00. The lowest was 6.12. And the median was 18.59.


Covenant Logistics Group  (FRA:CV5) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Covenant Logistics Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=38.00/1.09
=34.86

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Covenant Logistics Group was 318.00. The lowest was 6.12. And the median was 18.59.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Covenant Logistics Group E10 Related Terms


Covenant Logistics Group E10 Historical Data

* Premium members only.

The historical data trend for Covenant Logistics Group's E10 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.

Covenant Logistics Group E10 Chart

Covenant Logistics Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 1.01 1.15 1.29 1.05

Covenant Logistics Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 1.21 1.17 1.16 1.05 1.09

FRA:CV5 vs HTLD, MRTN, ULH: E10 Comparison

For the Trucking subindustry, Covenant Logistics Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Covenant Logistics Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Covenant Logistics Group's Shiller PE Ratio falls into.


FRA:CV5
68GF Score
Covenant Logistics Group Inc FRA:CV5
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Covenant Logistics Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Covenant Logistics Group's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.147/330.2130*330.2130
=0.147

Current CPI (Mar. 2026) = 330.2130.

Covenant Logistics Group Quarterly Data

per share eps CPI Adj_EPS
201606 0.089 241.018 0.122
201609 0.071 241.428 0.097
201612 0.156 241.432 0.213
201703 -0.001 243.801 -0.001
201706 0.036 244.955 0.049
201709 0.105 246.819 0.140
201712 1.132 246.524 1.516
201803 0.097 249.554 0.128
201806 0.231 251.989 0.303
201809 0.270 252.439 0.353
201812 0.391 251.233 0.514
201903 0.106 254.202 0.138
201906 0.146 256.143 0.188
201909 -0.077 256.759 -0.099
201912 0.027 256.974 0.035
202003 -0.054 258.115 -0.069
202006 -0.582 257.797 -0.745
202009 0.183 260.280 0.232
202012 -0.616 260.474 -0.781
202103 0.273 264.877 0.340
202106 0.378 271.696 0.459
202109 0.412 274.310 0.496
202112 0.465 278.802 0.551
202203 0.599 287.504 0.688
202206 0.738 296.311 0.822
202209 1.712 296.808 1.905
202212 0.382 296.797 0.425
202303 0.560 301.836 0.613
202306 0.420 305.109 0.455
202309 0.464 307.789 0.498
202312 0.417 306.746 0.449
202403 0.129 312.332 0.136
202406 0.409 314.175 0.430
202409 0.423 315.301 0.443
202412 0.229 315.605 0.240
202503 0.222 319.799 0.229
202506 0.312 322.561 0.319
202509 0.298 324.800 0.303
202512 -0.623 324.054 -0.635
202603 0.147 330.213 0.147

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €1.09 mean?
Covenant Logistics Group (FRA:CV5) has a E10 of €1.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Covenant Logistics Group and its competitors.
Is Covenant Logistics Group's E10 too high?
Covenant Logistics Group's current E10 is €1.09. Overall, Covenant Logistics Group has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Covenant Logistics Group's E10 compare to HTLD and MRTN?
Covenant Logistics Group's E10 of €1.09 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Transportation company?
A good E10 depends on the Transportation industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Covenant Logistics Group and its competitors. Covenant Logistics Group's current E10 is €1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covenant Logistics Group stock overvalued right now?
Covenant Logistics Group (FRA:CV5) has a current E10 of €1.09. The stock's GF Value™ is €22.87, compared to a current price of €38.00 — trading 66.2% above its estimated fair value. The current E10 is €1.09. Covenant Logistics Group's overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Covenant Logistics Group (FRA:CV5), the current E10 is €1.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Covenant Logistics Group (FRA:CV5) Overvalued in 2026?

Based on GuruFocus' analysis, Covenant Logistics Group stock appears to be overvalued. The current stock price of €38.00 is trading 66.2% above its estimated GF Value™ of €22.87.

Key valuation signals for FRA:CV5:

  • E10: €1.09
  • GF Value™: €22.87 vs. price of €38.00 (66.2% above fair value)
  • GF Score™: 68/100 with 10 warning signs

No single metric tells the full story. See the FRA:CV5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Covenant Logistics Group Business Description

Other Exchanges CVLG:USA
Address 400 Birmingham Highway, Chattanooga, TN, USA, 37419
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. The 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. The Managed Freight segment includes brokerage services and TMS. The warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function.
68GF Score

Get the complete analysis for FRA:CV5

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€38.00
Price
€22.87
GF Value