Old Dominion Freight Line, Inc.

NasdaqGS:ODFL Stock Report

Market Cap: US$45.2b

Old Dominion Freight Line Valuation

Is ODFL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ODFL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ODFL ($214.33) is trading above our estimate of fair value ($150.83)

Significantly Below Fair Value: ODFL is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ODFL?

Key metric: As ODFL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ODFL. This is calculated by dividing ODFL's market cap by their current earnings.
What is ODFL's PE Ratio?
PE Ratio36.7x
EarningsUS$1.25b
Market CapUS$45.22b

Price to Earnings Ratio vs Peers

How does ODFL's PE Ratio compare to its peers?

The above table shows the PE ratio for ODFL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.8x
JBHT J.B. Hunt Transport Services
32.2x16.1%US$18.2b
XPO XPO
46.1x18.3%US$17.0b
SAIA Saia
37.5x14.2%US$13.7b
UHAL U-Haul Holding
27.6xn/aUS$12.0b
ODFL Old Dominion Freight Line
36.7x8.8%US$45.2b

Price-To-Earnings vs Peers: ODFL is expensive based on its Price-To-Earnings Ratio (36.7x) compared to the peer average (35.8x).

Price to Earnings Ratio vs Industry

How does ODFL's PE Ratio compare vs other companies in the US Transportation Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
ODFL 36.7xIndustry Avg. 31.3xNo. of Companies4PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ODFL is expensive based on its Price-To-Earnings Ratio (36.7x) compared to the US Transportation industry average (31.3x).

Price to Earnings Ratio vs Fair Ratio

What is ODFL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ODFL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.7x
Fair PE Ratio19.5x

Price-To-Earnings vs Fair Ratio: ODFL is expensive based on its Price-To-Earnings Ratio (36.7x) compared to the estimated Fair Price-To-Earnings Ratio (19.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ODFL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$214.33
US$196.39
-8.4%
12.0%US$241.00US$155.00n/a21
Nov ’25US$200.98
US$190.34
-5.3%
9.1%US$218.00US$155.00n/a21
Oct ’25US$194.75
US$195.46
+0.4%
10.4%US$228.00US$155.00n/a21
Sep ’25US$192.80
US$196.80
+2.1%
10.0%US$228.00US$155.00n/a21
Aug ’25US$203.20
US$196.80
-3.2%
10.0%US$228.00US$155.00n/a21
Jul ’25US$178.70
US$195.94
+9.6%
10.0%US$235.00US$152.00n/a21
Jun ’25US$175.25
US$206.30
+17.7%
10.5%US$245.00US$152.00n/a19
May ’25US$182.49
US$207.03
+13.4%
10.7%US$245.00US$152.00n/a20
Apr ’25US$218.12
US$204.69
-6.2%
11.5%US$257.50US$147.00n/a18
Mar ’25US$222.14
US$202.72
-8.7%
12.0%US$257.50US$147.00n/a18
Feb ’25US$196.10
US$201.55
+2.8%
12.1%US$245.00US$141.00n/a19
Jan ’25US$202.67
US$197.87
-2.4%
10.1%US$223.50US$141.00n/a19
Dec ’24US$202.87
US$202.03
-0.4%
10.6%US$245.00US$141.00n/a20
Nov ’24US$195.33
US$203.05
+4.0%
11.6%US$245.00US$137.50US$200.9820
Oct ’24US$204.57
US$204.18
-0.2%
13.6%US$237.50US$137.50US$194.7520
Sep ’24US$217.94
US$202.52
-7.1%
13.7%US$237.50US$131.50US$192.8021
Aug ’24US$206.32
US$202.19
-2.0%
13.8%US$237.50US$131.50US$203.2021
Jul ’24US$184.88
US$162.32
-12.2%
11.5%US$195.50US$112.00US$178.7019
Jun ’24US$158.83
US$160.08
+0.8%
10.5%US$192.50US$111.50US$175.2519
May ’24US$158.87
US$162.97
+2.6%
10.2%US$192.50US$111.50US$182.4918
Apr ’24US$170.42
US$174.21
+2.2%
12.9%US$202.50US$108.50US$218.1217
Mar ’24US$169.31
US$176.36
+4.2%
13.7%US$212.50US$108.50US$222.1418
Feb ’24US$183.81
US$160.00
-13.0%
17.2%US$200.00US$100.50US$196.1017
Jan ’24US$141.89
US$139.97
-1.4%
9.8%US$162.50US$100.50US$202.6717
Dec ’23US$150.45
US$142.22
-5.5%
11.0%US$170.00US$100.50US$202.8718
Nov ’23US$136.44
US$140.53
+3.0%
10.5%US$170.00US$100.50US$195.3318

Analyst Forecast: Target price is lower than the current share price.

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