NYSE:SNDR

Stock Analysis Report

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Executive Summary

Schneider National, Inc., a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America.


Snowflake Analysis

Flawless balance sheet unattractive dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SNDR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.3%

SNDR

4.1%

US Transportation

4.3%

US Market


1 Year Return

38.5%

SNDR

-7.0%

US Transportation

7.4%

US Market

Return vs Industry: SNDR exceeded the US Transportation industry which returned -10.2% over the past year.

Return vs Market: SNDR exceeded the US Market which returned 5% over the past year.


Shareholder returns

SNDRIndustryMarket
7 Day2.3%4.1%4.3%
30 Day6.2%-7.4%0.5%
90 Day26.9%19.1%23.0%
1 Year40.1%38.5%-5.7%-7.0%9.7%7.4%
3 Year18.2%14.5%46.4%39.0%38.3%29.2%
5 Yearn/a91.2%73.8%66.0%47.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

28.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SNDR ($24.69) is trading above our estimate of fair value ($8.72)

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


Price To Earnings Ratio

PE vs Industry: SNDR is poor value based on its PE Ratio (28.4x) compared to the Transportation industry average (21.9x).

PE vs Market: SNDR is poor value based on its PE Ratio (28.4x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: SNDR is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: SNDR is good value based on its PB Ratio (1.9x) compared to the US Transportation industry average (2.6x).


Next Steps

Future Growth

How is Schneider National forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

19.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNDR's forecast earnings growth (19.1% per year) is above the savings rate (2.2%).

Earnings vs Market: SNDR's earnings (19.1% per year) are forecast to grow slower than the US market (22.8% per year).

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

Revenue vs Market: SNDR's revenue (5.5% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: SNDR's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SNDR's Return on Equity is forecast to be low in 3 years time (9.8%).


Next Steps

Past Performance

How has Schneider National performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNDR has a large one-off loss of $130.6M impacting its March 31 2020 financial results.

Growing Profit Margin: SNDR's current net profit margins (3.3%) are lower than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: SNDR's earnings have grown by 6.5% per year over the past 5 years.

Accelerating Growth: SNDR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SNDR had negative earnings growth (-40.3%) over the past year, making it difficult to compare to the Transportation industry average (-11.5%).


Return on Equity

High ROE: SNDR's Return on Equity (6.8%) is considered low.


Next Steps

Financial Health

How is Schneider National's financial position?


Financial Position Analysis

Short Term Liabilities: SNDR's short term assets ($1.5B) exceed its short term liabilities ($474.6M).

Long Term Liabilities: SNDR's short term assets ($1.5B) exceed its long term liabilities ($971.8M).


Debt to Equity History and Analysis

Debt Level: SNDR's debt to equity ratio (14.8%) is considered satisfactory.

Reducing Debt: SNDR's debt to equity ratio has reduced from 52% to 14.8% over the past 5 years.

Debt Coverage: SNDR's debt is well covered by operating cash flow (187.5%).

Interest Coverage: SNDR's interest payments on its debt are well covered by EBIT (41.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Schneider National current dividend yield, its reliability and sustainability?

1.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SNDR's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).

High Dividend: SNDR's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (4.5%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, SNDR has been paying a dividend for less than 10 years.

Growing Dividend: SNDR's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.2%), SNDR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SNDR's dividends in 3 years are forecast to be well covered by earnings (19.6% payout ratio).


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Mark Rourke (56yo)

1.25yrs

Tenure

US$3,742,725

Compensation

Mr. Mark B. Rourke has been the Chief Executive Officer, President and Director of Schneider National, Inc. since April 2019. Mr. Rourke served as an Executive Vice President at Schneider National, Inc. fr ...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD3.74M) is below average for companies of similar size in the US market ($USD5.83M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Mark Rourke
CEO, President & Director1.25yrsUS$3.74m0.37% $16.2m
Stephen Bruffett
Executive VP & CFO2.25yrsUS$1.55m0.028% $1.2m
Shaleen Devgun
Chief Information Officer & Executive VP5yrsUS$932.11k0.090% $3.9m
Robert Reich
Executive VP & Chief Administrative Officer1.25yrsUS$806.26k0.048% $2.1m
David Geyer
Executive VP and Group President of Transportation & Logistics1.25yrsUS$1.33m0.16% $7.2m
Pat Costello
Senior Vice President of Financial Planningno datano datano data
Thomas Jackson
Executive VP1yrno data0.0054% $238.5k
Angela Fish
Senior Vice President of Human Resources1.25yrsno datano data
Jim Filter
Senior VP & GM of Intermodal Divisionno datano datano data
Nicholas Anderson
Corporate Secretary1.5yrsno datano data

1.3yrs

Average Tenure

54.5yo

Average Age

Experienced Management: SNDR's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mark Rourke
CEO, President & Director1.25yrsUS$3.74m0.37% $16.2m
James Giertz
Independent Director3.08yrsUS$220.02k0.0094% $410.0k
Robert Grubbs
Independent Director8.5yrsUS$215.06k0.16% $7.1m
Adam Godfrey
Independent Chairman1.25yrsUS$242.37k0.35% $15.5m
Robert Knight
Independent Director0.25yrno datano data
Daniel Sullivan
Independent Director11.5yrsUS$258.02k0.26% $11.3m
James Welch
Independent Director2yrsUS$200.02k0.0065% $282.2k
John A. Swainson
Independent Director1.25yrsUS$156.75k0.0034% $147.0k
Paul Schneider
Director0.25yrno data1.05% $46.0m
Mary DePrey
Director2.25yrsUS$200.02k1.23% $54.0m

1.6yrs

Average Tenure

62yo

Average Age

Experienced Board: SNDR's board of directors are not considered experienced ( 1.6 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: Insufficient data to determine if insiders have bought more shares than they have sold 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

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


Key Information

  • Name: Schneider National, Inc.
  • Ticker: SNDR
  • Exchange: NYSE
  • Founded: 1935
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$4.375b
  • Shares outstanding: 177.22m
  • Website: https://www.schneider.com

Number of Employees


Location

  • Schneider National, Inc.
  • 3101 South Packerland Drive
  • Green Bay
  • Wisconsin
  • 54313
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNDRNYSE (New York Stock Exchange)YesClass B Common StockUSUSDApr 2017
SNIADB (Deutsche Boerse AG)YesClass B Common StockDEEURApr 2017

Biography

Schneider National, Inc., a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van, bulk, temperature-controlled, and flat-bed equipment, as well as customized solutions for time-sensitive loads. The company’s Intermodal segment offers door-to-door container on flat car services, including rail and over-the-road transportation through containers, chassis, and trucks. Its Logistics segment provides non-asset freight brokerage, supply chain, and import/export services; value-added services to manage and move its customers’ freight; and trans-loading and warehousing services. Schneider National, Inc. also leases equipment, such as trucks to owner-operators; and provides insurance for the company drivers and owner-operators. The company was founded in 1935 and is headquartered in Green Bay, Wisconsin. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 23:57
End of Day Share Price2020/07/06 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.