Valuation Forward Air Corporation

Stocks

Market Closed - Nasdaq Other stock markets 23:00:00 18/06/2026 +03			5-day change	1st Jan Change
13.62 ^USD	+0.44%		+2.18%	-45.52%

04:17am	Forward Air Corporation(NasdaqGS:FWRD) dropped from S&P Transportation Select Industry Index	CI
03:46am	Forward Air Corporation(NasdaqGS:FWRD) dropped from S&P 600	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027
Market Cap ¹	3,264	2,789	1,613	933.8	781.2	430.7	-
Change	-	-14.56%	-42.15%	-42.12%	-16.34%	-44.86%	-
Enterprise Value (EV) ¹	3,264	2,789	3,366	2,553	2,401	2,126	2,014
Change	-	-14.56%	20.68%	-24.16%	-5.95%	-11.44%	-5.29%
P/E	31.5x	14.7x	9.82x	-1.09x	-7.12x	-7.16x	-20.4x
PBR	-	-	2.14x	3.97x	6.91x	5.28x	7.43x
PEG	-	0.2x	-0.9x	0x	0.1x	0.2x	0.3x
Capitalization / Revenue	1.96x	1.41x	1.18x	0.38x	0.31x	0.17x	0.17x
EV / Revenue	1.96x	1.41x	2.46x	1.03x	0.96x	0.84x	0.78x
EV / EBITDA	16.4x	8.9x	16.6x	8.3x	7.82x	7.07x	6.27x
EV / EBIT	19.6x	10.4x	23.1x	15.8x	15.3x	14.9x	12.9x
EV / FCF	38.1x	12.8x	19.5x	-23.6x	137x	22.3x	15.8x
FCF Yield	2.63%	7.83%	5.12%	-4.24%	0.73%	4.49%	6.34%
Dividend per Share ²	0.84	0.96	0.96	-	-	-	-
Rate of return	0.69%	0.92%	1.53%	-	-	-	-
EPS ²	3.85	7.14	6.4	-29.66	-3.51	-1.902	-0.6675
Distribution rate	21.8%	13.4%	15%	-	-	-	-
Net sales ¹	1,662	1,973	1,371	2,474	2,495	2,517	2,568
EBITDA ¹	198.9	313.4	203.1	307.7	307.1	300.8	321.2
EBIT ¹	166.7	267.7	145.7	161.4	157.4	142.7	155.9
Net income ¹	105.9	193.2	167.4	-817	-141.7	-65.64	-23.78
Net Debt ¹	-	-	1,752	1,619	1,620	1,696	1,583
Reference price ²	121.09	104.89	62.87	32.25	25.00	13.62	13.62
Nbr of stocks (in thousands)	26,958	26,590	25,662	28,954	31,248	31,625	-
Announcement Date	2/9/22 A	2/8/23 A	2/28/24 A	2/26/25 A	2/23/26 A	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
FORWARD AIR CORPORATION	-7.16x	0.84x	7.07x	-.--%	431M
UNITED PARCEL SERVICE, INC.	14.8x	1.21x	8.78x	6.26%	89.13B
FEDEX CORPORATION	18.94x	0.98x	8.42x	1.77%	77.83B
DHL GROUP	15.59x	0.96x	7.11x	3.82%	65.26B
EXPEDITORS INTERNATIONAL OF WASHINGTON INC.	23.75x	1.72x	16.38x	0.97%	21.1B
J&T GLOBAL EXPRESS LIMITED	19.1x	0.63x	7.18x	-.--%	9.95B
INPOST S.A.	25.31x	2.41x	9.05x	-.--%	8.8B
GXO LOGISTICS, INC.	26.25x	0.53x	7.74x	-.--%	5.6B
SG HOLDINGS CO.,LTD.	14.41x	0.67x	7.58x	3.66%	5.45B
SINOTRANS LIMITED	8.3x	0.26x	5.03x	8.51%	5.26B
Average	15.93x	1.02x	8.43x	2.5%	28.88B
Weighted average by Cap.	17.28x	1.10x	8.70x	3.57%