$Hub Group (HUBG.US)$Revenue has grown rapidly in the past t...
$Hub Group (HUBG.US)$Revenue has grown rapidly in the past two years, increasing by 21.1% and 26.2% in 2021 and 2022 respectively. Operating profit also increased by 1.25 times and 1 time in these two years, while net income increased by 1.3 times and 1.1 times.
In the first two quarters of 2023, revenue shrank by 25.8%, operating profit shrank by 52.9%, and net income shrank by 54.8%.
Currently, the P/E ratio is 7.6, the TTM P/E ratio has increased to 9.6. If net income shrinks by half for the full year, the P/E ratio will increase to 15. If calculated based on a 5-year average net income of 0.18 billion, the P/E ratio will be 14.3. From a cyclical stock perspective, the valuation seems relatively normal with no significant discount.
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