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 $17.1B against $10.7B — 1.6× the size. ZTO Express (Cayman) Inc. trades at the lower P/E: 10.3× against 27.7×. 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 (3.28% vs 2.77%). 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 27.70 10.26 21.28
P/S 1.03 1.88 0.71
P/B 10.72 1.59 1.67
Price to free cash flow 28.23 n/m 15.27
EV/EBITDA 20.79 8.11 8.95
EV/Sales 1.14 1.70 1.06
Earnings yield 3.61% 9.75% (1.34%)
Free cash flow yield 3.54% (2.01%) 0.00%

Profitability

Metric CHRW ZTO Integrated Freight & Logistics median
Gross margin 16.25% 25.10% 26.33%
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% 6.03%
EPS growth (last fiscal year) 25.13% 8.84% —
Revenue growth, 5-year CAGR 0.03% 12.69% 2.88%
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) 0.86

Dividend

Metric CHRW ZTO Integrated Freight & Logistics median
Dividend yield 3.28% 2.77% 2.25%
Payout ratio 0.53 0.00 0.13

Size

Metric CHRW ZTO Integrated Freight & Logistics median
Market cap 17.08b 10.66b 56.42m

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