Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

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 99 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
7525.TRix Corporation0.96%$35.619.90%
7739.TCanon Electronics Inc.0.96%$34.9920.69%
TSTE.BKTSTE Public Company Limited0.96%$0.1027.60%
300694.SZWuxi Lihu Corporation Limited.0.95%$0.1279.20%
301586.SZAnhui Jialiqi Advanced Composites Technology Co., Ltd.0.95%$0.4861.32%
4933.TI-ne Co. Ltd.0.95%$12.638.63%
600478.SSHunan Corun New Energy Co., Ltd.0.95%$0.0757.83%
603311.SSZhejiang Goldensea Hi-Tech Co., Ltd0.95%$0.1537.91%
688601.SSWuxi ETEK Microelectronics Co.,Ltd.0.95%$0.4099.02%
CBF.WACyber_Folks S.A.0.95%$2.0047.29%
FROY.OLFrøy ASA0.95%$0.7226.30%
002287.SZTibet Cheezheng Tibetan Medicine Co., Ltd.0.94%$0.2220.25%
002324.SZShanghai Pret Composites Co., Ltd.0.94%$0.1564.15%
002981.SZRisuntek Inc.0.94%$0.2727.15%
004090.KSKorea Petroleum Industries Company0.94%$131.4812.76%
1501.HKShanghai Kindly Medical Instruments Co., Ltd.0.94%$0.2813.02%
2FE.DEFerrari N.V.0.94%$2.9833.18%
300401.SZZhejiang Garden Bio-chemical High-tech Co., Ltd.0.94%$0.1428.55%
300507.SZJiangsu Olive Sensors High-Tech Co., Ltd.0.94%$0.0960.89%
300697.SZJiangyin Electrical Alloy Co.,Ltd0.94%$0.1640.97%
300711.SZGHT Co.,Ltd0.94%$0.2261.50%
301192.SZShiyan Taixiang Industry Co.,Ltd.0.94%$0.2869.57%
603036.SSJiangsu Rutong Petro-Machinery Co., Ltd0.94%$0.2035.78%
603659.SSShanghai Putailai New Energy Technology Co.,Ltd.0.94%$0.2632.78%
6139.KLSyarikat Takaful Malaysia Keluarga Berhad0.94%$0.036.88%
AFP.AXAFT Pharmaceuticals Limited0.94%$0.0310.27%
CWCOConsolidated Water Co. Ltd.0.94%$0.3331.17%
TITLE.BKRhom Bho Property Public Company Limited0.94%$0.0510.84%
000021.SZShenzhen Kaifa Technology Co., Ltd.0.93%$0.2436.11%
002112.SZSanbian Sci Tech Co., Ltd.0.93%$0.1243.85%
002432.SZAndon Health Co., Ltd.0.93%$0.378.12%
002674.SZXingye Leather Technology Co., Ltd.0.93%$0.1435.63%
300905.SZPoly Plastic Masterbatch (SuZhou) Co.,Ltd0.93%$0.3038.31%
3489.TFaithNetwork Co.,Ltd0.93%$7.497.32%
603050.SSShijiazhuang Kelin Electric Co., Ltd.0.93%$0.1727.55%
9468.TKadokawa Corporation0.93%$29.4265.16%
CGAS.JKCitra Nusantara Gemilang Tbk.0.93%$1.6969.26%
HLE.DEHELLA GmbH & Co. KGaA0.93%$0.7727.90%
LTHP.LJames Latham Plc0.93%$1.1460.21%
PNRPentair plc0.93%$0.9824.66%
SCNP.JKPT Selaras Citra Nusantara Perkasa Tbk0.93%$1.5039.76%
STESTERIS plc0.93%$2.3333.45%
STXSeagate Technology Holdings plc0.93%$2.6835.38%
002643.SZValiant Co.,Ltd0.92%$0.1449.79%
002815.SZSuntak Technology Co.,Ltd.0.92%$0.1346.57%
004560.KSHyundai Bng Steel Co., Ltd.0.92%$100.0612.54%
005800.KSShinyoungwacoal,Inc.0.92%$149.9616.31%
034230.KQParadise Co., Ltd.0.92%$94.749.92%
058470.KQLEENO Industrial Inc.0.92%$599.7130.22%
0Q3C.LSÜSS MicroTec SE0.92%$0.3810.11%