Knight Transportation Stock Fundamentals

KNX Stock  USD 56.21  0.20  0.36%   
Knight Transportation fundamentals help investors to digest information that contributes to Knight Transportation's financial success or failures. It also enables traders to predict the movement of Knight Stock. The fundamental analysis module provides a way to measure Knight Transportation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Knight Transportation stock.
At this time, Knight Transportation's Net Income Applicable To Common Shares is fairly stable compared to the past year. Net Income From Continuing Ops is likely to rise to about 357.6 M in 2024, whereas Gross Profit is likely to drop slightly above 452.3 M in 2024.
  
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Knight Transportation Company Return On Asset Analysis

Knight Transportation's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Knight Transportation Return On Asset

    
  0.0077  
Most of Knight Transportation's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Knight Transportation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Knight Total Assets

Total Assets

13.51 Billion

At this time, Knight Transportation's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Knight Transportation has a Return On Asset of 0.0077. This is 101.51% lower than that of the Ground Transportation sector and 99.67% lower than that of the Industrials industry. The return on asset for all United States stocks is 105.5% lower than that of the firm.

Knight Transportation Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Knight Transportation's current stock value. Our valuation model uses many indicators to compare Knight Transportation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Knight Transportation competition to find correlations between indicators driving Knight Transportation's intrinsic value. More Info.
Knight Transportation is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  1.51  of Return On Asset per Return On Equity. At this time, Knight Transportation's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Knight Transportation's earnings, one of the primary drivers of an investment's value.

Knight Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Knight Transportation's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Knight Transportation could also be used in its relative valuation, which is a method of valuing Knight Transportation by comparing valuation metrics of similar companies.
Knight Transportation is currently under evaluation in return on asset category among its peers.

Knight Transportation ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Knight Transportation's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Knight Transportation's managers, analysts, and investors.
Environmental
Governance
Social

Knight Fundamentals

About Knight Transportation Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Knight Transportation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Knight Transportation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Knight Transportation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue488.4 M512.8 M
Total Revenue7.1 B7.5 B
Cost Of Revenue6.4 B6.7 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.09  0.09 
Capex To Revenue 0.11  0.20 
Revenue Per Share 44.31  46.52 
Ebit Per Revenue 0.05  0.05 

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Additional Tools for Knight Stock Analysis

When running Knight Transportation's price analysis, check to measure Knight Transportation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Knight Transportation is operating at the current time. Most of Knight Transportation's value examination focuses on studying past and present price action to predict the probability of Knight Transportation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knight Transportation's price. Additionally, you may evaluate how the addition of Knight Transportation to your portfolios can decrease your overall portfolio volatility.