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Highest EV/EBITDA Ratio in the Air Freight & Logistics Industry Detected in Shares of Forward Air (FWRD, ECHO, UPS, EXPD, CHRW)

By David Diaz

Below are the three companies in the Air Freight & Logistics industry with the highest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.

Forward Air ranks highest with a an EV/EBITDA ratio of 16.52. Echo Global Logistics is next with a an EV/EBITDA ratio of 16.15. United Parcel Service ranks third highest with a an EV/EBITDA ratio of 14.04.

Expeditors International of Washington follows with a an EV/EBITDA ratio of 12.81, and CH Robinson Worldwide rounds out the top five with a an EV/EBITDA ratio of 11.97.

SmarTrend recommended that subscribers consider buying shares of Forward Air on April 21st, 2017 as our technology indicated a new Uptrend was in progress when shares hit $49.31. Since that recommendation, shares of Forward Air have risen 7.5%. We continue to monitor Forward Air for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest ev/ebitda ratio forward air Echo Global Logistics united parcel service expeditors international of washington ch robinson worldwide