AMEX:RLGT

Stock Analysis Report

Executive Summary

Radiant Logistics, Inc. provides third-party logistics and multi-modal transportation services company primarily in the United States and Canada.


Snowflake Analysis

Very undervalued with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-6.2%

RLGT

-11.7%

US Logistics

-11.2%

US Market


1 Year Return

-31.1%

RLGT

-14.9%

US Logistics

4.1%

US Market

Return vs Industry: RLGT underperformed the US Logistics industry which returned -15.3% over the past year.

Return vs Market: RLGT underperformed the US Market which returned 5.2% over the past year.


Shareholder returns

RLGTIndustryMarket
7 Day-6.2%-11.7%-11.2%
30 Day-11.1%-10.2%-9.5%
90 Day-17.8%-16.0%-5.4%
1 Year-31.1%-31.1%-12.8%-14.9%6.2%4.1%
3 Year-21.0%-21.0%-2.9%-9.1%30.3%21.9%
5 Year-8.0%-8.0%3.9%-6.9%55.0%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

49.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RLGT ($4.24) is trading below our estimate of fair value ($8.39)

Significantly Below Fair Value: RLGT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RLGT is good value based on its PE Ratio (15.9x) compared to the Logistics industry average (19.5x).

PE vs Market: RLGT is good value based on its PE Ratio (15.9x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: RLGT is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: RLGT is good value based on its PB Ratio (1.6x) compared to the US Logistics industry average (2.5x).


Next Steps

Future Growth

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

30.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RLGT's forecast earnings growth (23.9% per year) is above the savings rate (1.7%).

Earnings vs Market: RLGT's earnings (23.9% per year) are forecast to grow faster than the US market (13% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RLGT's revenue (5.9% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: RLGT's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RLGT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Radiant Logistics performed over the past 5 years?

48.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RLGT has high quality earnings.

Growing Profit Margin: RLGT's current net profit margins (1.6%) are higher than last year (1.2%).


Past Earnings Growth Analysis

Earnings Trend: RLGT's earnings have grown significantly by 48.2% per year over the past 5 years.

Accelerating Growth: RLGT's earnings growth over the past year (22%) is below its 5-year average (48.2% per year).

Earnings vs Industry: RLGT earnings growth over the past year (22%) exceeded the Logistics industry -6.4%.


Return on Equity

High ROE: RLGT's Return on Equity (10.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Radiant Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: RLGT's short term assets ($134.8M) exceed its short term liabilities ($104.7M).

Long Term Liabilities: RLGT's short term assets ($134.8M) exceed its long term liabilities ($50.0M).


Debt to Equity History and Analysis

Debt Level: RLGT's debt to equity ratio (26.9%) is considered satisfactory.

Reducing Debt: RLGT's debt to equity ratio has increased from 20.5% to 26.9% over the past 5 years.

Debt Coverage: RLGT's debt is well covered by operating cash flow (83.4%).

Interest Coverage: RLGT's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet

Inventory Level: RLGT has a low level of unsold assets or inventory.

Debt Coverage by Assets: RLGT's debt is covered by short term assets (assets are 3.8x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.1%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if RLGT'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 RLGT'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?

3.1yrs

Average management tenure


CEO

Bohn Crain (55yo)

14.3yrs

Tenure

US$1,649,576

Compensation

Mr. Bohn H. Crain is the Founder of Radiant Logistics, Inc. and has been its Chairman and Chief Executive Officer since October 10, 2005. Mr. Crain serves as Chief Executive Officer of Adcom Worldwide, Inc ...


CEO Compensation Analysis

Compensation vs Market: Bohn's total compensation ($USD1.65M) is above average for companies of similar size in the US market ($USD1.16M).

Compensation vs Earnings: Bohn's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Bohn Crain
Founder14.3yrsUS$1.65m2.19% $4.8m
Todd Macomber
Senior VP & CFO8.9yrsUS$379.81k0.40% $871.4k
Timothy Boyce
Consultant4.8yrsUS$465.82k0.027% $58.7k
E. Bento
Senior VP & COO of Freight Forwarding Operations3.6yrsUS$393.22k0.015% $33.3k
Arnold Goldstein
Senior VP & Chief Commercial Officer3.7yrsUS$467.83k0.037% $81.9k
David Argen
Vice President of Operations2.7yrsno datano data
Mark Rowe
Vice President of Technology0.9yrsno datano data
John Sobba
Senior VP1.8yrsno datano data
Jennifer Deenihan
Director of Marketing & Communications1.8yrsno datano data
Alan Brown
Vice President of Sales2.7yrsno datano data

3.1yrs

Average Tenure

57.5yo

Average Age

Experienced Management: RLGT's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bohn Crain
Founder14.3yrsUS$1.65m2.19% $4.8m
Jack Edwards
Independent Director8.2yrsUS$76.69k0.11% $248.5k
Richard Palmieri
Independent Director5.9yrsUS$76.69k0.028% $61.1k
Michael Gould
Independent Director3.6yrsUS$76.69k1.29% $2.8m

7.0yrs

Average Tenure

60.5yo

Average Age

Experienced Board: RLGT's board of directors are considered experienced (7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: RLGT 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

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


Key Information

  • Name: Radiant Logistics, Inc.
  • Ticker: RLGT
  • Exchange: AMEX
  • Founded: 2001
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: US$218.576m
  • Shares outstanding: 49.68m
  • Website: https://radiantdelivers.com

Number of Employees


Location

  • Radiant Logistics, Inc.
  • 405 114th Avenue SE
  • Third Floor
  • Bellevue
  • Washington
  • 98004
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RLGTAMEX (NYSE MKT LLC)YesCommon StockUSUSDMar 2005
3GTDB (Deutsche Boerse AG)YesCommon StockDEEURMar 2005

Biography

Radiant Logistics, Inc. provides third-party logistics and multi-modal transportation services company primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services. It also provides other value-added supply chain services, including order fulfillment, inventory management, and warehouse and distribution services, as well as customs brokerage services. The company serves consumer goods, food and beverage, manufacturing, and retail customers through a network of company-owned and strategic operating partner locations under the Radiant, Wheels, Airgroup, Adcom, DBA, and Service By Air brands. Radiant Logistics, Inc. was founded in 2001 and is headquartered in Bellevue, Washington. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/29 01:40
End of Day Share Price2020/02/28 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.