Covenant Logistics Group (FRA:CV5) EV-to-EBITDA: 13.48 (As of Aug. 09, 2026) — 130% Above Median

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FRA:CV5 Covenant Logistics Group Inc FRA:CV5
73 GF Score
Price €30.20
GF Value €24.11
! 5 Warning Signs
View Full Analysis

What is Covenant Logistics Group EV-to-EBITDA?

Covenant Logistics Group FRA:CV5 -1.95% 73 EV-to-EBITDA is 13.48 as of Aug. 09, 2026, which is 130% above its 10-year median of 5.87. GuruFocus rates FRA:CV5 with a GF Score™ of 73/100 and a GF Value™ of €24.11. The stock has 5 warning signs investors should review. Among 897 Transportation companies, Covenant Logistics Group ranks worse than 82.61% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Covenant Logistics Group's enterprise value is €1,000 Mil. Covenant Logistics Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €74 Mil. Therefore, Covenant Logistics Group's EV-to-EBITDA for today is 13.48.

The historical rank and industry rank for Covenant Logistics Group's EV-to-EBITDA or its related term are showing as below:

FRA:CV5' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.41   Med: 5.87   Max: 16.66
Current: 13.36

During the past 13 years, the highest EV-to-EBITDA of Covenant Logistics Group was 16.66. The lowest was 2.41. And the median was 5.87.

FRA:CV5's EV-to-EBITDA is ranked worse than
82.61% of 897 companies
in the Transportation industry
Industry Median: 8.67 vs FRA:CV5: 13.36

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-09), Covenant Logistics Group's stock price is €30.20. Covenant Logistics Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.100. Therefore, Covenant Logistics Group's PE Ratio (TTM) for today is 302.00.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Covenant Logistics Group  (FRA:CV5) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Covenant Logistics Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=30.20/0.100
=302.00

Covenant Logistics Group's share price for today is €30.20.
Covenant Logistics Group's Earnings per Share (Diluted) 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 €0.100.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Covenant Logistics Group EV-to-EBITDA Related Terms


Covenant Logistics Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Covenant Logistics Group's EV-to-EBITDA 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 EV-to-EBITDA Chart

Covenant Logistics Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 2.85 5.95 6.73 8.03

Covenant Logistics Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 6.21 6.05 8.03 8.66 0.00

FRA:CV5 vs HTLD, MRTN, ULH: EV-to-EBITDA Comparison

For the Trucking subindustry, Covenant Logistics Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Covenant Logistics Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Covenant Logistics Group's EV-to-EBITDA falls into.


FRA:CV5
73GF Score
Covenant Logistics Group Inc FRA:CV5
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Covenant Logistics Group EV-to-EBITDA Calculation

Covenant Logistics Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1000.268/74.178
=13.48

Covenant Logistics Group's current Enterprise Value is €1,000 Mil.
Covenant Logistics Group's EBITDA 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 €74 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 13.48 mean?
Covenant Logistics Group (FRA:CV5) has a EV-to-EBITDA of 13.48 as of Aug. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Covenant Logistics Group. This is 130% above median its historical median of 5.87. Over the past decade, Covenant Logistics Group's EV-to-EBITDA has ranged from 2.41 to 16.66. According to the industry distribution chart, Covenant Logistics Group ranks #741 out of 897 companies in the Transportation industry, placing it in the top 82.6%.
Is Covenant Logistics Group's EV-to-EBITDA too high?
Covenant Logistics Group's current EV-to-EBITDA of 13.48 is 130% above median its 10-year median of 5.87. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 16.66. The Transportation industry median EV-to-EBITDA is 8.67. Covenant Logistics Group's value of 13.48 is 55.5% above this industry median. Based on the distribution chart, Covenant Logistics Group ranks #741 out of 897 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Covenant Logistics Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Covenant Logistics Group's EV-to-EBITDA compare to HTLD and MRTN?
According to the Transportation industry distribution chart, Covenant Logistics Group ranks #741 out of 897 companies for EV-to-EBITDA. This places Covenant Logistics Group in the lower half of its industry. The industry median EV-to-EBITDA is 8.67. Covenant Logistics Group's value of 13.48 is 55.5% above this benchmark. Historically, Covenant Logistics Group's own EV-to-EBITDA has ranged from 2.41 to 16.66 over the past decade. While the company's 10-year median is 5.87 vs. the industry median of 8.67, 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-EBITDA for a Transportation company?
The median EV-to-EBITDA among Transportation companies is 8.67, based on 897 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Covenant Logistics Group's current EV-to-EBITDA of 13.48 is 55.5% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Covenant Logistics Group. For the Transportation industry, the median EV-to-EBITDA is 8.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covenant Logistics Group's current EV-to-EBITDA is 13.48, which is 130% above median its own 10-year median of 5.87. 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 EV-to-EBITDA of 13.48. The stock's GF Value™ is €24.11, compared to a current price of €30.20 — trading 25.3% above its estimated fair value. The current EV-to-EBITDA is 13.48, which is 130% above median its 10-year median of 5.87 and 55.5% above the Transportation industry median of 8.67. Covenant Logistics Group's overall GF Score™ is 73/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Covenant Logistics Group (FRA:CV5), the current EV-to-EBITDA is 13.48 as of Aug. 09, 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 €30.20 is trading 25.3% above its estimated GF Value™ of €24.11.

Key valuation signals for FRA:CV5:

  • EV-to-EBITDA: 13.48 (130% above median its 10-year median of 5.87)
  • GF Value™: €24.11 vs. price of €30.20 (25.3% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 55.5% above the Transportation median (#741 of 897)

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.
73GF Score

Get the complete analysis for FRA:CV5

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

€30.20
Price
€24.11
GF Value