ODFL Stock Fair Value Calculator – Old Dominion Freight Line Set to Achieve Transportation Excellence by 2024
December 13, 2023
☀️Trending News
Old Dominion Freight ($NASDAQ:ODFL) Line, Inc. is a leading North American provider of transportation services and logistics solutions. As a publicly traded company on the NASDAQ stock exchange, Old Dominion continues to demonstrate their commitment to excellence. In 2024, I will be keeping a close eye on Old Dominion Freight Line and their dedication to achieving transportation excellence. The company has set a goal to ensure that all of its customers receive the highest levels of transportation and logistics services. To do this, Old Dominion is investing in new technology and processes such as automated tracking systems, electronic data interchange, and real-time reporting. This will enable them to provide customers with valuable insights and better service.
Additionally, Old Dominion continues to focus on safety and compliance. The company has implemented several safety initiatives such as driver training programs and preventative maintenance schedules for their fleet. They also have established rigorous standards for their hiring process and maintain strict driver qualifications for their employees. These measures ensure that Old Dominion’s customers receive a safe and reliable service each time they book a shipment with the company. Old Dominion Freight Line’s commitment to transportation excellence by 2024 is commendable. Their efforts to improve customer service and safety are sure to lead to even more success in the years to come. I look forward to monitoring their progress as they strive to become the leading provider of transportation services in North America.
Stock Price
On Tuesday, Old Dominion Freight Line (ODFL) stock opened at $380.1 and closed at $382.2, up by 0.9% from its previous closing price of 378.9. This upward trend reflects the company’s key goal of achieving transportation excellence by 2024. ODFL is committed to providing exceptional customer service and cost-efficient delivery solutions. To reach this goal, the company is investing in its infrastructure and technology to increase its capacity and improve its services.
In addition, it is introducing new products and services to better meet the needs of its customers. ODFL is also working on increasing its sustainability initiatives, aiming to reduce its carbon footprint and other environmental impacts. With these efforts, the company is confident that it will achieve its goal of becoming a leader in transportation excellence in the next few years. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ODFL. More…
| Total Revenues | Net Income | Net Margin |
| 5.86k | 1.24k | 21.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ODFL. More…
| Operations | Investing | Financing |
| 1.58k | -547.47 | -1.42k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ODFL. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.3k | 1.24k | 35.07 |
Key Ratios Snapshot
Some of the financial key ratios for ODFL are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.1% | 25.2% | 28.2% |
| FCF Margin | ROE | ROA |
| 11.0% | 27.0% | 19.5% |
Analysis – ODFL Stock Fair Value Calculator
At GoodWhale, we conducted an analysis of the wellbeing of OLD DOMINION FREIGHT LINE. After our evaluation, we determined the fair value of OLD DOMINION FREIGHT LINE share to be around $332.7, which was calculated using our proprietary Valuation Line. Currently, OLD DOMINION FREIGHT LINE stock is trading at $382.2, representing a fair price that is overvalued by 14.9%. Therefore, we believe that investors should be mindful of the potential risks associated with the current overvaluation. More…
Peers
Old Dominion Freight Line Inc is a company that provides transportation and logistics services. The company has been in operation for over 100 years and has a network of more than 200 locations across the United States. The company’s main competitors are ParcelPal Logistics Inc, MaltaPost PLC, and ANE (Cayman) Inc.
– ParcelPal Logistics Inc ($OTCPK:PTNYF)
ParcelPal Logistics Inc is a Canadian technology company that provides on-demand delivery and logistics services. The company offers a range of services including same-day delivery, last-mile delivery, and white-glove delivery. ParcelPal Logistics Inc has a market cap of 2.13M as of 2022 and a return on equity of -1572.25%. The company was founded in 2014 and is headquartered in Vancouver, Canada.
– MaltaPost PLC ($LTS:0IVO)
MaltaPost PLC is the national postal operator of Malta. It was founded in 1858 as the Post Office Department and became a public limited company in 2002. The company is headquartered in Valletta and has a network of 62 post offices across the Maltese Islands.
MaltaPost PLC has a market cap of 41.8M as of 2022, a Return on Equity of 3.87%. The company provides postal and courier services in Malta and Gozo. It also offers logistics and e-commerce solutions.
– ANE (Cayman) Inc ($SEHK:09956)
Cayman Islands-based CAYMAN (Cayman) Inc is a holding company that, through its subsidiaries, engages in the provision of financial services. The company’s subsidiaries include Cayman National Bank and Trust Company, Cayman National Insurance Company, Cayman National Corporation (CNC), and Cayman National Investment Services. CAYMAN (Cayman) Inc has a market cap of 2.67B as of 2022, a Return on Equity of 16.69%.
Cayman National Bank and Trust Company is a full-service bank that provides personal and corporate banking services, including savings accounts, checking accounts, loans, and credit products. Cayman National Insurance Company offers a range of insurance products, including life insurance, health insurance, and property and casualty insurance. Cayman National Corporation is a holding company that owns and operates a number of businesses in the Cayman Islands, including a printing company, a water utility, and a real estate development company. Cayman National Investment Services is an investment management company that offers a range of investment products and services, including asset management, investment advisory, and financial planning services.
Summary
OLD DOMINION FREIGHT LINE is a leading provider of regional, inter-regional and national less-than-truckload (LTL) services. It has an extensive network of service centers, which span across the United States, Canada, and Puerto Rico. The company provides customers with a range of services including guaranteed, expedited, and time-definite services. ODFL is also known for its strong financials, with consistent profitability and robust balance sheets.
The company’s strong operational execution, established customer relationships, and focus on cost control are all key factors in its continually growing success. ODFL stocks have a strong upside potential due to its robust capital structure and robust market share in the LTL shipping industry. Investors should watch Old Dominion Freight Line for its strong operational excellence and stay tuned for updates on potential growth opportunities.
