Using the industry peer median P/E multiple (trailing + forward), C.H. Robinson Worldwide, Inc. (CHRW) has a fair value of $120.94 based on 4 comparable companies in the Integrated Freight & Logistics industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| C.H. Robinson Worldwide, Inc.CHRW | 20,536 | 35.0x | 27.9x |
| FedEx CorporationFDX | 83,775 | 20.9x | 17.9x |
| United Parcel Service, Inc.UPS | 82,750 | 14.8x | 13.8x |
| J.B. Hunt Transport Services, Inc.JBHT | 19,694 | 33.8x | 28.7x |
| Expeditors International of Washington, Inc.EXPD | 19,172 | 24.0x | 26.1x |
| Industry Median | 22.5x | 22.0x | |
| (*) Profit after tax | 587 | 736 | |
| Equity Value | 13,188 | 16,201 | |
| (/) Outstanding shares | 122 | 122 | |
| Fair Price | $109 | $133 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.