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Covenant Logistics GroupCVLG -11.20%68 EV-to-EBIT is 83.39 as of Jul. 30, 2026, which is 544% above its 10-year median of 12.95. GuruFocus rates CVLG with a GF Score™ of 68/100 and a GF Value™ of $27.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 868 Transportation companies, Covenant Logistics Group ranks worse than 95.85% on this metric.
Covenant Logistics Group (NYSE:CVLG) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Covenant Logistics Group's Enterprise Value for the quarter that ended in Mar. 2026 was $962 Mil.
Covenant Logistics Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $14 Mil.
* 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 EV-to-EBIT Related Terms
Covenant Logistics Group EV-to-EBIT Historical Data
* 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.
For the Trucking subindustry, Covenant Logistics Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Transportation Industry
For the Transportation industry and Industrials sector, Covenant Logistics Group's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Covenant Logistics Group's EV-to-EBIT falls into.
Covenant Logistics Group's current Enterprise Value is $1,208 Mil.
Covenant Logistics Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $14 Mil.
* 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 (CVLG) has a EV-to-EBIT of 83.39 as of Jul. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Covenant Logistics Group and its competitors. This is 544% above median its historical median of 12.95. According to the industry distribution chart, Covenant Logistics Group ranks #832 out of 868 companies in the Transportation industry, placing it in the top 95.9%.
Is Covenant Logistics Group's EV-to-EBIT too high?
Covenant Logistics Group's current EV-to-EBIT of 83.39 is 544% above median its 10-year median of 12.95. The Transportation industry median EV-to-EBIT is 12.27. Covenant Logistics Group's value of 83.39 is 579.6% above this industry median. Based on the distribution chart, Covenant Logistics Group ranks #832 out of 868 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Covenant Logistics Group has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Covenant Logistics Group's EV-to-EBIT compare to HTLD and MRTN?
According to the Transportation industry distribution chart, Covenant Logistics Group ranks #832 out of 868 companies for EV-to-EBIT. This places Covenant Logistics Group in the lower half of its industry. The industry median EV-to-EBIT is 12.27. Covenant Logistics Group's value of 83.39 is 579.6% above this benchmark. While the company's 10-year median is 12.95 vs. the industry median of 12.27, Covenant Logistics Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Transportation company?
The median EV-to-EBIT among Transportation companies is 12.27, based on 868 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Covenant Logistics Group's current EV-to-EBIT of 83.39 is 579.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Covenant Logistics Group and its competitors. For the Transportation industry, the median EV-to-EBIT is 12.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covenant Logistics Group's current EV-to-EBIT is 83.39, which is 544% above median its own 10-year median of 12.95. 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?
Based on GuruFocus' analysis, Covenant Logistics Group (CVLG) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.32, compared to a current price of $36.85 — trading 34.9% above its estimated fair value. The current EV-to-EBIT is 83.39, which is 544% above median its 10-year median of 12.95 and 579.6% above the Transportation industry median of 12.27. Covenant Logistics Group's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Covenant Logistics Group (CVLG), the current EV-to-EBIT is 83.39 as of Jul. 30, 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 (CVLG) Overvalued in 2026?
Based on GuruFocus' analysis, Covenant Logistics Group stock appears to be overvalued.
The current stock price of $36.85 is trading 34.9% above its estimated GF Value™ of $27.32.
GuruFocus considers Covenant Logistics Group to be Significantly Overvalued.
Key valuation signals for CVLG:
EV-to-EBIT: 83.39 (544% above median its 10-year median of 12.95)
GF Value™: $27.32 vs. price of $36.85 (34.9% above fair value)
Industry Position: 579.6% above the Transportation median (#832 of 868)
No single metric tells the full story. See the CVLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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