A Look At The Intrinsic Value Of CSX Corporation (NASDAQ:CSX)
Oct 30
U.S. Transportation Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies48
- 7D-5.1%
- 3M-15.5%
- 1Y9.4%
- YTD4.1%
Over the last 7 days, the Transportation industry has dropped 5.1%, driven by pullbacks in Uber Technologies and Union Pacific of 4.2% and 2.9%, respectively. Meanwhile, Full Truck Alliance actually outperformed within the industry, gaining 7.6% in the last week. This takes the industry's 12 month performance to a gain of 9.4%. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the U.S. Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | US$467.0b | US$214.7b | US$14.9b | 16x | 31.3x | 2.2x |
| Thu, 28 Sep 2023 | US$493.9b | US$214.2b | US$13.7b | 14.2x | 36x | 2.3x |
| Sat, 26 Aug 2023 | US$514.5b | US$214.3b | US$13.8b | 15x | 37.4x | 2.4x |
| Mon, 24 Jul 2023 | US$526.4b | US$215.8b | US$12.4b | 13x | 42.6x | 2.4x |
| Wed, 21 Jun 2023 | US$483.8b | US$217.0b | US$12.9b | 12.6x | 37.4x | 2.2x |
| Fri, 19 May 2023 | US$469.1b | US$217.4b | US$12.8b | 13.9x | 36.6x | 2.2x |
| Sun, 16 Apr 2023 | US$455.1b | US$221.1b | US$3.5b | 13.4x | 130.1x | 2.1x |
| Tue, 14 Mar 2023 | US$448.7b | US$221.1b | US$3.5b | 14.4x | 129.5x | 2x |
| Thu, 09 Feb 2023 | US$513.3b | US$222.7b | US$4.0b | 12.7x | 129x | 2.3x |
| Sat, 07 Jan 2023 | US$485.8b | US$221.4b | US$3.5b | 10.6x | 140.5x | 2.2x |
| Mon, 05 Dec 2022 | US$486.3b | US$220.7b | US$3.6b | 10.6x | 133.3x | 2.2x |
| Wed, 02 Nov 2022 | US$442.2b | US$215.1b | US$2.4b | 8.9x | 186.7x | 2.1x |
| Fri, 30 Sep 2022 | US$421.0b | US$206.0b | US$999.7m | 9x | 421.2x | 2x |
| Sun, 28 Aug 2022 | US$485.7b | US$207.0b | US$737.2m | 9.6x | 658.8x | 2.3x |
| Tue, 26 Jul 2022 | US$458.2b | US$199.0b | US$2.7b | 10x | 170.6x | 2.3x |
| Thu, 23 Jun 2022 | US$429.0b | US$195.4b | US$2.5b | 9.1x | 170.5x | 2.2x |
| Sat, 21 May 2022 | US$440.1b | US$195.2b | US$2.2b | 9.5x | 198.3x | 2.3x |
| Mon, 18 Apr 2022 | US$513.1b | US$184.7b | US$5.3b | 13.1x | 97.7x | 2.8x |
| Wed, 16 Mar 2022 | US$546.2b | US$187.8b | US$7.7b | 14.6x | 70.9x | 2.9x |
| Fri, 11 Feb 2022 | US$579.4b | US$186.6b | US$7.7b | 15.6x | 74.8x | 3.1x |
| Sun, 09 Jan 2022 | US$615.9b | US$183.8b | US$4.5b | 17.3x | 135.7x | 3.4x |
| Tue, 07 Dec 2021 | US$656.4b | US$181.2b | US$12.4b | 17.8x | 52.8x | 3.6x |
| Thu, 04 Nov 2021 | US$650.1b | US$178.4b | US$13.9b | 19.3x | 46.9x | 3.6x |
| Sat, 02 Oct 2021 | US$574.1b | US$171.9b | US$11.5b | 17.5x | 49.7x | 3.3x |
| Mon, 30 Aug 2021 | US$590.2b | US$174.4b | US$11.2b | 19x | 52.6x | 3.4x |
| Tue, 06 Jul 2021 | US$643.6b | US$174.2b | US$11.2b | 18.8x | 57.4x | 3.7x |
| Fri, 09 Apr 2021 | US$544.9b | US$131.7b | US$8.5b | 27.1x | 64.1x | 4.1x |
| Thu, 31 Dec 2020 | US$484.8b | US$130.2b | US$5.1b | 25.1x | 95.2x | 3.7x |
Price to Earnings Ratio
88.5x
Current Industry PE
- Investors are pessimistic on the American Transportation industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 31.3x which is lower than its 3-year average PE of 160x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Transportation industry have grown 50% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | -2.42% | |
| Industrials | -2.64% | |
| Transportation | -5.06% | |
| Trucking | -3.78% | |
| Railroads | -5.42% | |
| Cargo Ground Transportation | -5.61% | |
Industry PE
- Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 20.6x.
- Analysts are expecting annual earnings growth of 15.3%, which is higher than its past year's earnings decline of 33.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Trucking industry, expecting annual earnings growth of 53% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Railroads industry is expected to see its earnings grow by 8.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| YMM Full Truck Alliance | US$7.24 | 7.6% +US$545.9m | 52.1% | PE35.4x | |
| ARCB ArcBest | US$102.26 | 8.6% +US$172.1m | 28.7% | PE18.2x | |
| TSP TuSimple Holdings | US$1.03 | 4.9% +US$11.1m | -70.0% | PS49x | |
| YGMZ MingZhu Logistics Holdings | US$0.59 | 6.3% +US$963.5k | -68.7% | PE8.6x | |
| SWVL Swvl Holdings | US$1.00 | 7.5% +US$383.8k | -92.9% | PS0.07x |
