Radiant Logistics, Inc (RLGT) stock analysis
Close on Nov 12, 2026Market cap $444.09MP/E 19.3Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Mixed13 of 30 checks passed
Radiant Logistics passes 13 of the 30 checks behind our score; 7 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 1/6
- Growth
- 2/6
- Past performance
- 4/6
- Financial health
- 6/6
- Dividend
- 0/6
What stands out
Return on capital over 10%
Return on invested capital was 10.6%, above the 10% that usually covers the cost of capital.
Low debt
Debt is 10.1% of shareholders' equity, under the 40% we consider low.
Earnings growth accelerating
Net income grew 55.4% over the last twelve months, against a 5-year average of -4.1% a year.
Interest well covered
Operating income covers interest expense 12.9 times.
What to watch
Margin of safety under 20%
The price is 5.1% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $9.74 is above our fair value estimate of $9.27.
Return on equity under 15%
Return on equity was 10.0% over the last twelve months and averaged 11.0% over five years; we look for 15% on both.
Earnings shrank over 5 years
Net income shrank 4.1% a year on average over the last five fiscal years.
Valuation1/6
P/E above its 5-year median
Radiant Logistics's P/E of 19.9 is above its own 5-year median of 19.1.
P/E above the industry
Radiant Logistics's P/E of 19.9 is above the Transportation Services median of 19.9.
EV/EBITDA above its 5-year median
Radiant Logistics's EV/EBITDA of 12.0 is above its 5-year median of 9.9.
P/B below the industry
Radiant Logistics's price-to-book of 1.85 is below the Transportation Services median of 1.90.
Trading above fair value
The share price of $9.74 is above our fair value estimate of $9.27.
Margin of safety under 20%
The price is 5.1% above fair value, so there is no margin of safety.
Growth2/6
Revenue growing under 10% a year
Revenue grew -4.9% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew -2.4% a year over the last three fiscal years.
Earnings growth accelerating
Net income grew 55.4% over the last twelve months, against a 5-year average of -4.1% a year.
Growing faster than the industry
Revenue grew 6.7% over the last twelve months; the Transportation Services median is 2.5%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance4/6
Return on equity under 15%
Return on equity was 10.0% over the last twelve months and averaged 11.0% over five years; we look for 15% on both.
Return on capital over 10%
Return on invested capital was 10.6%, above the 10% that usually covers the cost of capital.
Return on equity above the industry
Radiant Logistics's return on equity of 10.0% is above the Transportation Services median of -22.9%.
Earnings shrank over 5 years
Net income shrank 4.1% a year on average over the last five fiscal years.
Net margin above its 5-year average
Net margin was 2.4% over the last twelve months, against a 5-year average of 2.0%.
Net margin above the industry
Radiant Logistics's net margin of 2.4% is above the Transportation Services median of -6.7%.
Financial health6/6
Low debt
Debt is 10.1% of shareholders' equity, under the 40% we consider low.
Debt falling against equity
Debt to equity fell from 17.6% five years ago to 10.1%.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 77.1% of total debt.
Interest well covered
Operating income covers interest expense 12.9 times.
Short-term assets cover short-term debts
Current assets are 1.62 times current liabilities.
Low bankruptcy risk
The Altman Z-score is 4.36; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
Radiant Logistics has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$9.27
The share price is 5% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 19.5× | 19.1× | 19.9× | $9.54 | 47% |
| EV/EBITDA | 11.1× | 9.9× | 12.3× | $9.06 | 41% |
| P/B | 1.7× | 1.5× | 1.9× | $8.91 | 12% |
| Earnings powerleft out, too far from the others | 9.6% cost of equity | – | – | $2.30 | – |
| Fair value | $9.27 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 19.1
- Transportation Services median 19.9
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
High risk
- Average value traded per day
- $1.53M
- Value traded per 1% price move
- $1.01M
Downside
Low risk
- Typical loss in a bad month
- 12.4%
- Volatility (annualized)
- 43%
- Sharpe ratio, 1 year
- 1.23
- Beta to the S&P 500 (5Y)
- 0.94
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.5% | -4.9% | +0.8% | – | |
| Operating income | +16.9% | -4.3% | -1.2% | – | |
| Net income | +8.6% | -3.0% | -4.1% | – | |
| EPS, diluted | +11.4% | -2.4% | -2.8% | – | |
| Free cash flow | +62.1% | -47.3% | +37.7% | -2.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 4.0% | 15.5% | 8.0% | |
| Return on assets | 1.8% | 6.9% | 4.3% | |
| Current ratio | 1.18 | 1.35 | 1.60 | |
| Debt to equity | 0.33 | 0.18 | 0.10 | |
| Net debt to EBITDA | 2.42× | 0.43× | -0.02× | |
| Interest coverage | 4.2× | 10.3× | 10.6× | |
| Capex to revenue | – | 1.3% | 0.5% | |
| Diluted shares | 50M | 51M | 49M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Radiant Logistics generated $170.78M from operations and spent $63.84M on capital expenditure, dividends and share buybacks. 52% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 2.0% | 2.15× | 1.86× | 8.0% |
| FY2025 | 1.9% | 2.26× | 1.83× | 7.9% |
| FY2024 | 1.0% | 2.10× | 1.85× | 3.7% |
| FY2023 | 1.9% | 2.44× | 2.23× | 10.3% |
| FY2022 | 3.0% | 3.35× | 2.45× | 25.0% |
| FY2021 | 2.6% | 2.67× | 2.26× | 15.5% |
| FY2020 | 1.2% | 3.01× | 2.15× | 8.0% |
| FY2019 | 1.8% | 3.11× | 2.20× | 12.5% |
| FY2018 | 1.2% | 2.83× | 2.32× | 7.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
- ProfitableNet income above zero$18.79M
- Cash generatingOperating cash flow above zero$17.49M
- Return on assets improvedROA up on the prior year4.7% → 4.4%
- Earnings backed by cashOperating cash flow above net income$17.49M vs $18.79M
- Less leverageLong-term debt to assets fell4.7% → 5.6%
- Better liquidityCurrent ratio rose1.56 → 1.60
- No dilutionShare count did not rise49M → 49M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose2.43 → 2.19
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