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Forward Air (Forward Air) GF Value Rank

: 2 (As of Today)
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Forward Air has the GF Value Rank of 2.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison

For the Integrated Freight & Logistics subindustry, Forward Air's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.


Forward Air GF Value Rank Distribution

For the Transportation industry and Industrials sector, Forward Air's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Forward Air's GF Value Rank falls into.



Forward Air GF Value Rank Related Terms

Thank you for viewing the detailed overview of Forward Air's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Forward Air (Forward Air) Business Description

Traded in Other Exchanges
N/A
Address
1915 Snapps Ferry Road, Building N, Greeneville, TN, USA, 37745
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight and Intermodal. It generates maximum revenue from the Expedited Freight segment. Expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.
Executives
Chris C Ruble officer: Sr. Vice President, Operations PO BOX 1058, GREENVILLIE TN 37744
Kyle R Mitchin officer: Senior VP, Human Resources 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Nancee L Ronning officer: Chief Commercial Officer 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Javier Polit director 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Mayes George S Jr director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Craig Carlock director C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
George M Lynch director 2566 KENT RIDGE COURT, BLOOMFIELD HILLS MI 48025
C Robert Campbell director 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Michael L Hance officer: Senior VP, CLO and Secretary 430 AIRPORT ROAD, GREENEVILLE TN 37745
Chitra Nayak director 1400 16TH STREET, SAN FRANCISCO CA 94103
Thomas Schmitt officer: President & CEO 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Ronald W Allen director P O BOX 1734, ATLANTA GA 30301
Laurie Anne Tucker director 65 MARYS CREEK COVE NORTH, EADS TN 38028
Scott M Niswonger director, 10 percent owner, officer: CEO & Chairman 165 MADISON AVENUE, MEMPHIS TN 38103
Rebecca J Garbrick officer: CAO, VP and Controller 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745