Ryder System Intrinsic Value Calculator – RYDER SYSTEM Signs Multi-Year Contracts for Electric Vehicle Fleet Expansion

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Ryder System ($NYSE:R), Inc. is one of the leading transportation and supply chain management companies in the United States. Recently, Ryder has secured multi-year contracts for electric vehicle fleet expansion with its first customers. This is a major step forward for Ryder, as electric vehicles provide numerous advantages over traditional fuel-powered ones. For starters, electric vehicles require less maintenance, since there are fewer moving parts that can break or need repairs. Furthermore, electric vehicles provide a more environmentally friendly option, meaning less emissions and fewer pollutants released in the environment.

Additionally, electric vehicles reduce operating costs by eliminating the need to purchase fuel for the fleet. Ryder’s commitment to developing and deploying electric vehicle fleets demonstrates the company’s commitment to innovation and sustainable operations. In addition to cutting costs and helping to reduce emissions, electric vehicles can also help Ryder continue to maintain its reputation as a reliable and efficient provider of transportation and supply chain management services. As Ryder continues to expand its electric vehicle fleet, it will be able to meet customer demands and provide an even more comprehensive array of services.

Stock Price

The news sent Ryder System stock prices down slightly, with the stock opening at $108.2 and closing at $107.9, a decrease of 0.7% from the closing price of $108.6 the day before. The multi-year contracts are part of Ryder System’s strategy to expand its electric vehicle fleet and shift towards more sustainable transportation solutions. Ryder System is hoping to accelerate its electrification efforts to meet the growing demand for electric vehicles and provide customers with reliable, cost-effective solutions. The company is also investing in infrastructure upgrades and training programs to support its electric vehicle fleet expansion.

Ryder System is confident that these developments will help them remain competitive and provide customers with top-notch service and solutions. With its electric vehicle fleet expansion, the company is well-positioned to capitalize on the rising demand for clean energy solutions. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

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

Key Ratios Snapshot

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

Analysis – Ryder System Intrinsic Value Calculator

At GoodWhale, we have conducted an analysis of the fundamentals of RYDER SYSTEM. Through our proprietary Valuation Line, we have estimated the intrinsic value of RYDER SYSTEM shares to be around $104.6. Currently, RYDER SYSTEM is trading at $107.9, which is fairly overvalued by 3.2%. In other words, the current market price of RYDER SYSTEM stock is slightly higher than its intrinsic value, recommending a wait and watch approach for potential investors. More…

Peers

The transportation and logistics industry is highly competitive, with Ryder System, Inc. competing against PT Adi Sarana Armada Tbk, PT Batavia Prosperindo Trans Tbk, and Elanders AB, among others. In order to stay competitive, Ryder System, Inc. must offer superior services and logistics solutions to its customers.

– PT Adi Sarana Armada Tbk ($IDX:ASSA)

Adi Sarana Armada Tbk is an Indonesian holding company that focuses on the automotive sector. The company is the largest automotive distributor and retailer in Indonesia with a market share of approximately 40%. The company also has a strong presence in the financing, automotive parts, and used car businesses. Adi Sarana Armada has a network of approximately 1,000 dealerships and service centers across Indonesia.

The company has a market capitalization of 3.87 trillion as of 2022 and a return on equity of 18.54%. The company has a strong financial position and is well-positioned to continue its growth in the Indonesian automotive market.

– PT Batavia Prosperindo Trans Tbk ($IDX:BPTR)

Batavia Prosperindo Trans Tbk is a market leader in Indonesia’s transportation sector. The company has a strong market share in the trucking, shipping, and logistics industries. Batavia Prosperindo Trans Tbk is a well-respected and trusted transportation company with a strong reputation for safety and reliability. The company has a market cap of 322.4 billion as of 2022.

– Elanders AB ($LTS:0JBY)

Elanders AB is a publicly traded company with a market capitalization of 5.09 billion as of January 2022. The company has a return on equity of 13.87%. Elanders is a global provider of supply chain management and logistics solutions. The company operates in Europe, North America, Asia, and Australia.

Summary

RYDER SYSTEM is a leader in the commercial transportation, logistics and supply chain management industry, and has recently invested in electric vehicle contracts. The company has signed multiple multi-year contracts to provide customers with electric vehicles, and is projected to gain significant profits from this venture. The demand for electric vehicles has increased, and Ryder System is expected to benefit from the growing demand for clean and efficient transportation. The company is well positioned for success with its ability to provide customers with a comprehensive suite of services, including electric vehicle leasing, fuel costs, and maintenance.

In addition, Ryder System is investing in technology to support its electric fleet, which will further increase its profitability. This focus on electric vehicles is expected to be a massive driver of growth for Ryder System in the coming years.