Landstar System Intrinsic Value Calculation – DekaBank Increases Investment in Landstar System by Nearly 23%

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Landstar System ($NASDAQ:LSTR), Inc. is a leading transportation and logistics company based in the United States. With a strong network of independent agents and capacity providers, Landstar System offers a diverse range of services such as truckload, less-than-truckload, intermodal, and warehousing. As a publicly traded company, Landstar System is constantly under the radar of investors. Recently, one of its major investors, DekaBank Deutsche Girozentrale, made headlines with its increased investment in the company. According to a 13F filing with the Securities and Exchange Commission (SEC), DekaBank increased its stake in Landstar System by 22.8% in the third quarter, indicating a strong belief in the company’s growth potential. It discloses their portfolio holdings of publicly traded companies and gives insight into their investment strategies.

It shows that the bank has confidence in the company’s operations and is willing to invest more capital into its stock. The company’s strong financial performance and strategic initiatives have been attracting more investors, making it a sought-after stock in the transportation and logistics industry. In conclusion, DekaBank’s 13F filing and increased investment in Landstar System is a testament to the company’s promising future prospects. As one of the top players in the transportation and logistics industry, Landstar System continues to attract investors and expand its operations. With its strong financials and growth potential, it is evident that DekaBank sees a bright future for Landstar System, making it a stock to watch in the coming quarters.

Analysis – Landstar System Intrinsic Value Calculation

After thorough analysis of LANDSTAR SYSTEM‘s fundamentals, I have determined that the fair value of its share is around $145.0. This was calculated using our proprietary Valuation Line, which takes into account various factors such as the company’s financial performance and industry trends. However, it seems that the current market price for LANDSTAR SYSTEM stock is significantly higher at $181.55. This means that the stock is currently overvalued by 25.2%. As an investor, this may signal a potential opportunity to sell and lock in profits, as the stock may eventually correct to its fair value. It’s important to keep in mind that overvalued stocks can also continue to rise in price, driven by market sentiment and other factors. Therefore, it’s always important to conduct thorough research and consider multiple factors before making any investment decisions. Overall, while LANDSTAR SYSTEM may be a strong and reputable company, it’s important for investors to be aware of its current valuation and make informed decisions based on their individual investment goals and risk tolerance. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Landstar System. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Landstar System. More…

Balance Sheet Snapshot

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

Key Ratios Snapshot

Some of the financial key ratios for Landstar System are shown below. More…

Peers

The company offers a full range of services including truckload, less-than-truckload, intermodal, airfreight, ocean freight, and logistics management services. Landstar System Inc’s competitors include Kuehne + Nagel International AG, Tri-Mode System (M) Bhd, Wiseway Group Ltd, and other leading transportation management companies.

– Kuehne + Nagel International AG ($OTCPK:KHNGF)

Kuehne + Nagel International AG is a leading global logistics company that provides innovative and comprehensive supply chain solutions for customers in a wide range of industries. The company’s market cap is 28.7B as of 2022 and its ROE is 76.87%. Kuehne + Nagel has a strong focus on customer service and offers a wide range of logistics services, including transportation, warehousing, and distribution.

– Tri-Mode System (M) Bhd ($KLSE:0199)

Tri-Mode System (M) Bhd is a company with a market cap of 68.06M as of 2022. The company has a ROE of 11.4%. Tri-Mode System (M) Bhd is engaged in the business of providing system solutions and services. The company offers a range of services, including system design, development, integration, implementation, and maintenance. Tri-Mode System (M) Bhd also provides training, support, and consultancy services.

– Wiseway Group Ltd ($ASX:WWG)

Wiseway Group Ltd is a publicly traded company with a market capitalization of $10.87 million as of 2022. The company has a return on equity of -17.59%. Wiseway Group Ltd is engaged in the business of providing logistics and transportation services.

Summary

DekaBank Deutsche Girozentrale has increased its investment in Landstar System, Inc. by 22.8% in the 3rd quarter. This indicates their confidence in the company’s future potential and financial performance. Landstar System, Inc. is a leading transportation and logistics company, and this increase in investment suggests that DekaBank believes the company will continue to thrive in the industry.

This analysis also reflects positively on the company’s financial stability and growth prospects. It is worth noting that DekaBank’s decision to raise their stake in Landstar System, Inc. may also influence other investors to consider investing in the company as well.