Freightways Limited Share Price and Company Fundamentals



Price
$10.5
Change
-0.360 (-3.315%)
52 week
10.4 - 13.85

Last traded: Today at 4:59 AM

Freightways Limited, together with its subsidiaries, provides express package and business mail services in New Zealand, Australia, and internationally. It operates through Express Package & Business Mail, Information Management, and Corporate and Other segments. The company provides network courier services under the New Zealand Couriers, Post Haste Couriers, Castle Parcels, and NOW Couriers brands; and point-to-point courier services under the SUB60, Kiwi Express, Stuck, and Security Express brands. It also provides mail delivery services under the DX Mail brand; and mailhouse-print services and digital mail presentation platforms under the Dataprint brand. In addition, it provides a range of physical storage and information management, as well as digital information processing services, such as digitization, business process outsourcing, online back-up, and eDiscovery services, as well as document destruction and medical waste services primarily under the Archive Security, FileSaver, DataBank, Shred-X, and Med-X brands, as well as operates line-haul on the arterial roads under the Parceline Express name. Further, the company offers general and aviation engineering services; and aviation-related, IT infrastructure support, treasury management, and financing and property management services. The company offers its services through its network, as well as through international alliances. Freightways Limited was founded in 1964 and is based in Penrose, New Zealand.

Key Metrics

PE ratio

25.26

PB ratio

5.08

Dividend yield

3.31%

Beta

0.92

Market cap

-

Enterprise value

-

Company profile

Industry / SectorIntegrated Freight & Logistics / Industrials
Websitehttps://www.freightways.co.nz
Mailing address32 Botha Road Penrose DX CX10120 New Zealand
Phone / Fax64 9 571 9670 / 64 9 571 9671

Dividends

Dividend yield

3.31%

Dividend amount

$0.36

Payout ratio

78.00%

5Y Avg. yield

3.28%

Freightways Limited paid $0.36 dividend and the ex-dividend date was 10 Mar 2022.The dividend payout ratio is 78.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.FRE dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.

FRE's forward dividend amount is $0.36 and the forward dividend yield is 3.43%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2022, following are the company executives and directors listed on Freightways Limited.

NameTitleAgeTotal Pay
Mr. Mark TroughearChief Exec. Officer970k
Mr. Stephen DeschampsCFO & Company Sec.
Mr. Matthew CockerChief Information Officer
Nicola SilkeGen. Counsel & Company Sec.

Profitability and management effectiveness

Profit margin

8.62%

Operating margin

15.24%

Return on assets

7.43%

Return on equity

20.80%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Freightways Limited is and its enterprise value is .

The FRE's stocks Beta value is 0.92 making it 8% less volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Freightways Limited (NZX:FRE) Frequently Asked Questions

1. What is Freightways Limited's Stock Symbol?

Freightways Limited trades on NZX under the ticker symbol "FRE".

2. What is Freightways Limited's stock price today?

One share of FRE stock can currently be purchased for approximately $10.5.

3. How can I contact Freightways Limited?

Freightways Limited's mailing address is 32 Botha Road Penrose DX CX10120 New Zealand. The company can be reached via phone at 64 9 571 9670.

4. What is Freightways Limited's official website?

The official website of Freightways Limited is https://www.freightways.co.nz.