NasdaqGS:SAIA

Stock Analysis Report

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Executive Summary

Saia, Inc., through its subsidiaries, operates as a transportation company in North America.


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has Saia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SAIA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.3%

SAIA

2.5%

US Transportation

2.9%

US Market


1 Year Return

91.6%

SAIA

-4.8%

US Transportation

8.9%

US Market

Return vs Industry: SAIA exceeded the US Transportation industry which returned -4.8% over the past year.

Return vs Market: SAIA exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

SAIAIndustryMarket
7 Day3.3%2.5%2.9%
30 Day19.4%16.5%10.6%
90 Day41.4%11.4%5.1%
1 Year91.6%91.6%-3.4%-4.8%11.4%8.9%
3 Year122.1%122.1%52.2%44.5%34.3%25.4%
5 Year166.1%166.1%87.9%70.7%60.7%42.7%

Price Volatility Vs. Market

How volatile is Saia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Saia undervalued compared to its fair value and its price relative to the market?

24.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SAIA ($112.07) is trading above our estimate of fair value ($5.93)

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


Price To Earnings Ratio

PE vs Industry: SAIA is poor value based on its PE Ratio (24.4x) compared to the Transportation industry average (22.3x).

PE vs Market: SAIA is poor value based on its PE Ratio (24.4x) compared to the US market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: SAIA is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: SAIA is overvalued based on its PB Ratio (3.4x) compared to the US Transportation industry average (2.4x).


Next Steps

Future Growth

How is Saia forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

17.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SAIA's forecast earnings growth (17.2% per year) is above the savings rate (2.2%).

Earnings vs Market: SAIA's earnings (17.2% per year) are forecast to grow slower than the US market (22.3% per year).

High Growth Earnings: SAIA's earnings are forecast to grow, but not significantly.

Revenue vs Market: SAIA's revenue (7.8% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: SAIA's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SAIA's Return on Equity is forecast to be low in 3 years time (13.9%).


Next Steps

Past Performance

How has Saia performed over the past 5 years?

21.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SAIA has high quality earnings.

Growing Profit Margin: SAIA's current net profit margins (6.6%) are higher than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: SAIA's earnings have grown significantly by 21% per year over the past 5 years.

Accelerating Growth: SAIA's earnings growth over the past year (12.6%) is below its 5-year average (21% per year).

Earnings vs Industry: SAIA earnings growth over the past year (12.6%) exceeded the Transportation industry -11.5%.


Return on Equity

High ROE: SAIA's Return on Equity (14.2%) is considered low.


Next Steps

Financial Health

How is Saia's financial position?


Financial Position Analysis

Short Term Liabilities: SAIA's short term assets ($305.9M) exceed its short term liabilities ($249.0M).

Long Term Liabilities: SAIA's short term assets ($305.9M) do not cover its long term liabilities ($484.8M).


Debt to Equity History and Analysis

Debt Level: SAIA's debt to equity ratio (17.8%) is considered satisfactory.

Reducing Debt: SAIA's debt to equity ratio has reduced from 23.1% to 17.8% over the past 5 years.

Debt Coverage: SAIA's debt is well covered by operating cash flow (195.7%).

Interest Coverage: SAIA's interest payments on its debt are well covered by EBIT (24x coverage).


Balance Sheet


Next Steps

Dividend

What is Saia's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SAIA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SAIA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SAIA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SAIA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SAIA's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

Fritz Holzgrefe (51yo)

0.17

Tenure

US$1,826,164

Compensation

Mr. Frederick J. Holzgrefe, III, also known as Fritz, has been President of Saia, Inc. since January 4, 2019 and its Chief Executive Officer since April 28, 2020. He served as Chief Operating Officer and D ...


CEO Compensation Analysis

Compensation vs Market: Fritz's total compensation ($USD1.83M) is below average for companies of similar size in the US market ($USD5.84M).

Compensation vs Earnings: Fritz's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Frederick Holzgrefe
President0.17yrUS$1.83m0.11% $3.3m
Karla Staver
Vice President of Safety & Human Resources0.67yrUS$535.79k0.017% $480.6k
Paul Peck
Executive Vice President of Operations1.67yrsUS$661.21k0.0017% $49.7k
Raymond Ramu
Executive VP & Chief Customer Officer5.08yrsUS$1.23m0.034% $991.9k
Douglas Col
CFO, VP of Finance & Secretary0.42yrno data0.024% $697.8k
Stephanie Maschmeier
Chief Accounting Officer0.33yrno data0.0056% $162.5k

0.5yrs

Average Tenure

52.5yo

Average Age

Experienced Management: SAIA's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Frederick Holzgrefe
President0.17yrUS$1.83m0.11% $3.3m
William Evans
Independent Director7.33yrsUS$187.38k0.0026% $74.9k
Di-Ann Eisnor
Independent Director2.58yrsUS$169.87k0.031% $890.7k
John Holland
Independent Director18.42yrsUS$194.88kno data
Richard O'Dell
Non-Executive Chairman0.17yrUS$3.45m0.12% $3.6m
John Gainor
Independent Director4.33yrsUS$187.36k0.0015% $44.8k
Jeffrey Ward
Independent Director14.25yrsUS$174.89k0.032% $928.0k
Randolph Melville
Lead Independent Directorno dataUS$194.89kno data
Donna Epps
Independent Director0.67yrUS$89.91k0.0063% $181.3k
Susan Ward
Independent Director0.58yrUS$75.59kno data

2.6yrs

Average Tenure

59yo

Average Age

Experienced Board: SAIA's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SAIA insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Saia, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Saia, Inc.
  • Ticker: SAIA
  • Exchange: NasdaqGS
  • Founded: 1924
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$2.892b
  • Shares outstanding: 25.80m
  • Website: https://www.saia.com

Number of Employees


Location

  • Saia, Inc.
  • 11465 Johns Creek Parkway
  • Suite 400
  • Johns Creek
  • Georgia
  • 30097
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SAIANasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 2002
SQRDB (Deutsche Boerse AG)YesCommon StockDEEURSep 2002

Biography

Saia, Inc., through its subsidiaries, operates as a transportation company in North America. The company provides regional and interregional less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. As of March 3, 2020, it operated 169 terminals in 44 states. The company was formerly known as SCS Transportation, Inc. and changed its name to Saia, Inc. in July 2006. Saia, Inc. was founded in 1924 and is headquartered in Johns Creek, Georgia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 03:34
End of Day Share Price2020/06/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.