# Covenant Logistics Group Inc. (CVLG) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Transportation Infrastructure. Price $35.05, market value $889 million.

## Valuation
- **P/E (trailing): 701.0×** (5-yr avg 25.0×, 3-yr avg 37.7×). Covenant Logistics Group Inc. trades at 701.0× trailing earnings, well above its own five-year average of 25.0×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 12.8×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.7×**. Each dollar of revenue is priced at 0.7×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.2×**. The shares trade at 2.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.7×**. Enterprise value is 12.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -4.3%** (5-yr avg -2.2%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 0.1%**. The inverse of the P/E: 0.1% of the price is earned each year.

## Profitability
- **Operating margin: -0.1%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 0.6%**. 0.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 1.8%**. 1.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: -0.1%**. Return on all capital, debt included, is -0.1%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.4%**. Each dollar of assets produces 0.4% of profit.

## Growth
- **Revenue growth (1 yr): 2.9%** (3-yr -1.5%/yr). Revenue grew 2.9% over the last year.
- **EPS growth (1 yr): -79.2%** (3-yr -57.4%/yr). Earnings per share fell 79.2%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.74**. Debt is 0.74 times equity, moderate leverage.
- **Net debt / EBITDA: 3.1×**. It would take 3.1 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 2.50**. A Z-score of 2.50 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.80%** ($0.28 per share, trailing). Covenant Logistics Group Inc. yields 0.80%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 99%**. 99% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 4**. 4 straight years of increases.

## Analyst view
- **Analyst consensus: buy** (4 analysts). 4 analysts cover Covenant Logistics Group Inc.; the consensus is buy, with an average price target of $51.75 (+48% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 47.0%** (YTD 59.7%, 3-mo -19.5%). The shares are up 47.0% over twelve months including dividends.
- **From 52-week high: -29.7%** (94.7% above the low). Trading 30% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 1.08** (volatility 41%). Beta of 1.08 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CVLG · Page: https://foliofundamentals.com/stocks/cvlg

Not investment advice.