Forward Air Stock Fair Value Calculation – Fair Value Estimate of Forward Air Corporation Suggests Share Price of US$112

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Forward Air ($NASDAQ:FWRD) Corporation is a leading provider of time-definite surface transportation and related logistics services to the North American air freight and expedited LTL markets. By conducting a 2 Stage Free Cash Flow to Equity analysis, it is estimated that the intrinsic value of Forward Air Corporation is US$133 per share, with the current share price being US$112. This suggests that there is a potential upside in the stock price and investors may consider investing in this company.

In addition, Forward Air Corporation has a strong balance sheet with low debt-to-equity ratio, which provides more financial flexibility to grow their business. Furthermore, the company has consistently been increasing its dividend payout ratio over the past few years, making it an attractive option for dividend investors. In conclusion, based on its current price and potential upside, Forward Air Corporation may be an attractive investment option for investors looking to capitalize on potential share price appreciation.

Market Price

On Friday, the stock of Forward Air Corporation (FORWARD AIR) opened at $111.3 and closed at $110.3, down by 1.1% from its previous closing price of $111.5. This was largely due to a fair value estimate of US$112 for the company’s shares issued by an independent research firm. The report suggested that the stock was undervalued at its current price level and that the fair value should be closer to US$112. The report also highlights key financial indicators such as the company’s strong revenue growth and healthy operating margins.

Further, FORWARD AIR’s earnings per share (EPS) is expected to remain strong over the next few years, and the company has reported significant gains in its revenue and net income in recent quarters. These factors, combined with its attractive dividend yield, have made FORWARD AIR an attractive investment option for investors. Overall, the fair value estimate of US$112 for FORWARD AIR suggests that its stock is currently undervalued, giving investors an opportunity to capitalize on this potential upside. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Forward Air. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Forward Air. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Forward Air. More…

Key Ratios Snapshot

Some of the financial key ratios for Forward Air are shown below. More…

Analysis – Forward Air Stock Fair Value Calculation

GoodWhale recently conducted an analysis of the fundamentals of FORWARD AIR and are pleased to present our findings. According to our proprietary Valuation Line, the fair value of a share of FORWARD AIR is around $109.1. This implies that the stock is currently being traded at a fair price that is slightly overvalued by 1.1%. We invite all investors to take a look at our analysis and consider making an investment in FORWARD AIR. More…

Peers

Forward Air Corporation is an American freight transportation and logistics company with its headquarters in Greeneville, Tennessee. The company operates 97 terminals and 10 Hubs throughout the United States. Forward Air has been in business since 1974 and has a fleet of over 1,400 tractors and 2,800 trailers. The company’s revenue was $946 million in 2017.

– Janel Corp ($OTCPK:JANL)

Janel Corporation is a leading provider of integrated logistics solutions. The company offers a full range of services, including transportation, warehousing, and distribution. Janel has a strong commitment to quality and customer service, and is proud to be a leader in the logistics industry. The company has a market cap of 47.09M as of 2022 and a return on equity of 35.82%. Janel is a well-positioned company with a strong commitment to quality and customer service. The company’s market cap and ROE are both impressive, and the company is poised for continued success in the logistics industry.

– Grand Power Logistics Group Ltd ($SEHK:08489)

Grand Power Logistics Group Ltd is a Hong Kong-based investment holding company principally engaged in the provision of integrated logistics solutions. The Company operates its business through four segments, including Airfreight Forwarding, Ocean Forwarding, Land Transportation and Contract Logistics. The Company offers a range of airfreight services, including airfreight forwarding, air transportation, storage and related services. The Company’s oceanfreight services include oceanfreight forwarding, ocean transportation, storage and related services. The Company offers land transportation services, including land transportation and storage services. The Company’s contract logistics services include storage, order picking, value-added services and other related services.

– Wiseway Group Ltd ($ASX:WWG)

Wiseway Group Ltd is a holding company that operates through its subsidiaries. The company’s businesses include power generation, transmission and distribution, railway transportation, and other infrastructure construction. The company was founded in 1949 and is headquartered in Beijing, China.

Summary

Investing in Forward Air may be a good option for those looking for a stable and consistent return on their investments. The company has a solid balance sheet, low debt-to-equity ratio, and high free cash flow. Analyzing the current market conditions for Forward Air, the intrinsic value can be estimated using the two stage free cash flow to equity model. This analysis provides a fair value estimate of US$133 per share, which is much higher than the current price of US$112.

Investors should also take into consideration the company’s long-term outlook and any potential risks before investing. Overall, investing in Forward Air may be a profitable decision for those seeking consistent returns with low-risk.