ArcBest Corporation

ARCB · Industrials · Trucking · Valued as of 2026-11-03 · Statements 2025-12-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

799.23M USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

552.09M USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

403.22M USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

584.84M USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

2.92B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.20×

the ratio the screener ranks by

Margin of Safety

-398.5%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 799.23M USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)1.09B USD
−②Net Debt Today291.62M USD
+③Growth Value0 USD
=Value799.23M USD

EPV of the Operations (NOPAT over WACC)

1.09B USD

Net debt today

-291.62M USD

Growth Value

0 USD

Value

799.23M USD

①EPV (Earnings Power Value)

1.09B USD

②Net Debt Today

291.62M USD

③Growth Value

0 USD

Market value

Market Cap2.92B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-264.8%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 552.09M USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE370.29M USD
+②Equity at Year 15, Today181.80M USD
=Value552.09M USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth rising to its long-run rate and the ROE on new investment rising to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

370.29M USD

②Equity at Year 15, Today

181.80M USD

Market value

Market Cap2.92B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-428.0%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 403.22M USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF384.96M USD
+②Invested Capital at Year 15, Today309.88M USD
−③Net Debt Today291.62M USD
=Value403.22M USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROIC on new investment rising to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

384.96M USD

②Invested Capital at Year 15, Today

309.88M USD

③Net Debt Today

291.62M USD

Market value

Market Cap2.92B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-623.0%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 12.97%
Cost of Equity =Risk-Free Rate 4.50%+Beta 1.70×Market Risk Premium 6.00%= 14.71%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 23.02M USDPretax Income 83.18M USD= 27.68%

The tax the interest saves.

Interest Expense =EBIT 95.55M USD−Pretax Income 83.18M USD= 12.38M USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 12.38M USDTotal Debt 460.22M USD×(1 − Tax Rate for WACC 27.68%)= 1.94%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 460.22M USDMarket Cap + Total Debt 2.92B USD + 460.22M USD= 13.63%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 86.37%×Cost of Equity 14.71%+Debt Weight 13.63%×Cost of Debt 1.94%= 12.97%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 2.45B USD − Total Liabilities 1.19B USD = Book Value Today 1.27B USD

Total Debt 460.22M USD − Cash and Short-Term Investments 168.60M USD = Net Debt Today 291.62M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 1-5.2%at most 5%passes22,347,095 / 23,563,988
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets6.9%at least -10.0%passes(229.18M USD − 60.16M USD) ÷ 2.45B USD
Price to bookMarket Cap ÷ Book Value Today2.30×at most 3×passes2.92B USD ÷ 1.27B USD
Operating marginOperating Income ÷ Revenue2.5%above 10.0%does not pass99.80M USD ÷ 4.01B USD
Revenue growthRevenue ÷ Revenue a Year Before − 1-4.0%above 10.0%does not pass4.01B USD / 4.18B USD
Net cash(Cash − Total Debt) ÷ Market Cap-10.8%above -30%passes(146.00M USD − 460.22M USD) ÷ 2.92B USD
Operating efficiencyOperating Income ÷ Gross Profit36.2%above 25.0%passes99.80M USD ÷ 275.53M USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

130.43 USD

Enterprise value

3.21B USD

the provider's own figure

EV / EBITDA

11.08×

Price / book

2.30×

the provider's book

Price / earnings

186.14×

Return on equity

1.3%

the provider's figure, not this page's

Profit margin

0.4%

Revenue growth

15.9%

Analyst target, mean

167.02 USD

Analysts

13

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

Income statement (USD)2022202320242025

Revenue

5.03B4.43B4.18B4.01B

Gross profit

574.10M378.81M350.35M275.53M

Operating income

413.24M183.86M156.04M99.80M

EBITDA

operating income before depreciation and amortisation

536.60M342.08M377.16M266.06M

Pretax income

388.69M187.10M218.93M83.18M

Net income

298.51M195.63M174.13M60.16M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

308.85M150.73M103.28M66.95M

R&D

————
Balance sheet, year end (USD)2022202320242025

Total assets

2.50B2.49B2.43B2.46B

Total liabilities

1.34B1.24B1.12B1.16B

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

1.15B1.24B1.32B1.30B

Total debt

439.11M438.17M413.89M465.05M

Cash and equivalents

158.42M262.49M127.57M102.13M

Net PP&E

fixed assets after depreciation

967.65M1.09B1.26B1.36B

Working capital

current assets less current liabilities

221.53M183.40M9.67M-30.86M
Cash flow (USD)2022202320242025

Operating cash flow

471.29M322.49M286.13M229.18M

Capital expenditure

paid out, so below zero

-165.67M-232.23M-240.24M-128.29M

Depreciation and amortisation

140.18M145.87M149.24M170.51M

Free cash flow

operating cash flow plus capital expenditure

305.62M90.26M45.89M100.89M