Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Covenant Logistics Group, Inc. (CVLG)

Company Dividend Discount ModelIndustry: TruckingSector: Industrials

Valuation Snapshot

Stable Growth$19.47 - $38.68$26.99
Multi-Stage$22.40 - $24.57$23.47
Blended Fair Value$25.23
Current Price$21.66
Upside16.47%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.210.210.160.000.000.000.000.000.000.00
YoY Growth--0.26%34.85%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.95%0.91%0.88%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)32.22
(-) Cash Dividends Paid (M)6.86
(=) Cash Retained (M)25.35
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6.444.032.42
Cash Retained (M)25.3525.3525.35
(-) Cash Required (M)-6.44-4.03-2.42
(=) Excess Retained (M)18.9121.3322.94
(/) Shares Outstanding (M)27.6227.6227.62
(=) Excess Retained per Share0.680.770.83
LTM Dividend per Share0.250.250.25
(+) Excess Retained per Share0.680.770.83
(=) Adjusted Dividend0.931.021.08
WACC / Discount Rate7.56%7.56%7.56%
Growth Rate2.64%3.64%4.64%
Fair Value$19.47$26.99$38.68
Upside / Downside-10.11%24.61%78.58%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)32.2233.3934.6035.8637.1738.5239.67
Payout Ratio21.30%35.04%48.78%62.52%76.26%90.00%92.50%
Projected Dividends (M)6.8611.7016.8822.4228.3434.6736.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.56%7.56%7.56%
Growth Rate2.64%3.64%4.64%
Year 1 PV (M)10.7710.8810.98
Year 2 PV (M)14.3114.5914.87
Year 3 PV (M)17.5018.0218.55
Year 4 PV (M)20.3721.1822.01
Year 5 PV (M)22.9424.0825.27
PV of Terminal Value (M)533.00559.47586.99
Equity Value (M)618.90648.22678.67
Shares Outstanding (M)27.6227.6227.62
Fair Value$22.40$23.47$24.57
Upside / Downside3.44%8.34%13.43%

High-Yield Dividend Screener

« Prev Page 117 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300953.SZNingbo Zhenyu Technology Co., Ltd.0.44%$0.7526.39%
301629.SZSidea Semiconductor Eqpmnt Shnzhn Co Ltd0.44%$0.9676.62%
301658.SZShenzhen SOFARSOLAR Co Ltd0.44%$0.1333.30%
600103.SSFujian Qingshan Paper Industry Co.,Ltd.0.44%$0.0264.49%
603053.SSChengdu Gas Group Corporation Ltd.0.44%$0.047.67%
688600.SSAnHui Wanyi Science and Technology Co., Ltd.0.44%$0.1119.32%
688626.SSXiangyu Medical Co.,Ltd0.44%$0.2756.22%
688639.SSAnhui Huaheng Biotechnology Co., Ltd.0.44%$0.1418.91%
AMBU-B.COAmbu A/S0.44%$0.3828.41%
BPII.JKPT Batavia Prosperindo Internasional Tbk0.44%$2.2217.32%
FCP.LSFutebol Clube do Porto - Futebol, S.A.D.0.44%$0.022.05%
KBHL.COKøbenhavns Lufthavne A/S0.44%$29.7620.97%
MPARK.ISMLP Saglik Hizmetleri A.S.0.44%$1.676.39%
002016.SZGuangdong Shirongzhaoye Co., Ltd.0.43%$0.0314.72%
002209.SZGuangzhou Tech-Long Packaging Machinery Co.,Ltd.0.43%$0.0710.41%
002284.SZZhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd0.43%$0.0612.25%
041510.KQSM Entertainment Co., Ltd.0.43%$563.024.16%
047810.KSKorea Aerospace Industries, Ltd.0.43%$499.4835.55%
0NZY.LEckert & Ziegler Strahlen- und Medizintechnik AG0.43%$0.1726.23%
2418.HKDeewin Tianxia Co., Ltd0.43%$0.0468.23%
300341.SZMotic (Xiamen) Electric Group Co.,Ltd0.43%$0.0719.78%
300430.SZBeijing Chieftain Control Engineering Technology Co., Ltd.0.43%$0.0834.35%
300748.SZJL Mag Rare-Earth Co., Ltd.0.43%$0.1532.76%
300768.SZHangzhou DPtech Technologies Co.,Ltd.0.43%$0.0831.33%
300952.SZJiangsu Hanvo Safety Product Co., Ltd.0.43%$0.1730.16%
600570.SSHundsun Technologies Inc.0.43%$0.1323.49%
600644.SSLeshan Electric Power Co.,Ltd0.43%$0.0489.82%
600838.SSShanghai Join Buy Co.,Ltd.0.43%$0.0544.04%
601816.SSBeijing-Shanghai High-Speed Railway Co.,Ltd.0.43%$0.028.25%
603888.SSXinhuanet Co., Ltd.0.43%$0.0819.84%
603901.SSHangzhou Youngsun Intelligent Equipment Co., Ltd.0.43%$0.0643.84%
605208.SSShanghai Yongmaotai Automotive Technology Co., Ltd.0.43%$0.0637.04%
605288.SSChangZhou KAIDI Electrical Inc.0.43%$0.3961.87%
605298.SSJiangsu Bide Science and Technology Co., Ltd.0.43%$0.1740.89%
688398.SSFujian Supertech Advanced Material Co., Ltd.0.43%$0.0732.93%
688722.SSBeijing Tongyizhong New Material Technology Corporation0.43%$0.0813.41%
9545.SRInternational Human Resources Company0.43%$0.038.72%
CARERATING.BOCARE Ratings Limited0.43%$7.3214.43%
PTNMPitanium Limited0.43%$0.0439.07%
RRU.DERolls-Royce Holdings plc0.43%$0.066.75%
SUBC.OLSubsea 7 S.A.0.43%$0.8991.98%
TRGYO.ISTorunlar Gayrimenkul Yatirim Ortakligi AS0.43%$0.321.96%
000713.SZSDIC Fengle Seed Co., Ltd.0.42%$0.0333.87%
000948.SZYunnan Nantian Electronics Information Co.,Ltd.0.42%$0.0860.66%
002259.SZSichuan Shengda Forestry Industry Co., Ltd0.42%$0.0223.17%
002344.SZHaining China Leather Market Co.,Ltd0.42%$0.0233.20%
002399.SZShenzhen Hepalink Pharmaceutical Group Co., Ltd.0.42%$0.0517.39%
002670.SZGuosheng Securities Inc0.42%$0.0741.55%
003160.KSD.I Corporation0.42%$100.2218.13%
237690.KQST Pharm Co.,Ltd.0.42%$486.8627.31%