C.H. Robinson Worldwide, Inc. (CHRW) vs ZTO Express (Cayman) Inc. (ZTO)

C.H. Robinson Worldwide, Inc. and ZTO Express (Cayman) Inc. are both Integrated Freight & Logistics companies. C.H. Robinson Worldwide, Inc. is the larger, with a market value of $14.7B against $10.9B — 1.4× the size. ZTO Express (Cayman) Inc. trades at the lower P/E: 10.6× against 23.6×. ZTO Express (Cayman) Inc. grew revenue faster over the last twelve months: 24.8% against −0.09%. ZTO Express (Cayman) Inc. has the higher net margin (19.0% vs 3.73%) and the lower return on invested capital (13.0% vs 16.5%). Both pay a dividend; C.H. Robinson Worldwide, Inc. yields more (2.01% vs 1.93%). Across the 22 metrics below, ZTO Express (Cayman) Inc. leads on 13 and C.H. Robinson Worldwide, Inc. on 9.

Valuation

Metric CHRW ZTO Integrated Freight & Logistics median
P/E 23.60 10.62 22.90
P/S 0.87 1.94 0.53
P/B 9.13 1.64 1.92
Price to free cash flow 24.05 n/m 16.32
EV/EBITDA 18.02 8.42 9.36
EV/Sales 0.99 1.77 0.92
Earnings yield 4.24% 9.42% (1.19%)
Free cash flow yield 4.16% (1.94%) 0.00%

Profitability

Metric CHRW ZTO Integrated Freight & Logistics median
Gross margin 16.25% 25.10% 25.10%
Operating margin 4.90% 20.98% 0.92%
Net margin 3.73% 19.02% (0.14%)
Free cash flow margin 3.63% (3.77%) 0.00%
Return on equity 37.12% 16.37% 0.00%
Return on assets 11.34% 10.88% 0.00%
Return on invested capital 16.50% 13.03% 0.00%

Growth

Metric CHRW ZTO Integrated Freight & Logistics median
Revenue growth (TTM) (0.09%) 24.75% 4.66%
EPS growth (last fiscal year) 25.13% 8.84% 5.86%
Revenue growth, 5-year CAGR 0.03% 12.69% 2.84%
Net income growth, 5-year CAGR 3.00% 14.46% 0.00%

Health

Metric CHRW ZTO Integrated Freight & Logistics median
Debt to equity 1.04 0.34 0.12
Current ratio 1.58 1.67 1.57
Net debt to EBITDA 1.03 (1.05) 0.65

Dividend

Metric CHRW ZTO Integrated Freight & Logistics median
Dividend yield 2.01% 1.93% 1.93%
Payout ratio 0.48 0.21 0.29

Size

Metric CHRW ZTO Integrated Freight & Logistics median
Market cap 14.71b 10.89b 76.28m

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