Intrinsic value of CSX - CSX

Previous Close

$73.05

  Intrinsic Value

$11.52

stock screener

  Rating & Target

str. sell

-84%

Previous close

$73.05

 
Intrinsic value

$11.52

 
Up/down potential

-84%

 
Rating

str. sell

We calculate the intrinsic value of CSX stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 63.9

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  5.80
  5.72
  5.65
  5.58
  5.52
  5.47
  5.43
  5.38
  5.34
  5.31
  5.28
  5.25
  5.23
  5.20
  5.18
  5.16
  5.15
  5.13
  5.12
  5.11
  5.10
  5.09
  5.08
  5.07
  5.06
  5.06
  5.05
  5.05
  5.04
  5.04
Revenue, $m
  12,070
  12,760
  13,481
  14,233
  15,020
  15,842
  16,701
  17,600
  18,541
  19,525
  20,556
  21,635
  22,766
  23,951
  25,192
  26,493
  27,857
  29,287
  30,787
  32,359
  34,009
  35,739
  37,554
  39,458
  41,456
  43,553
  45,753
  48,062
  50,485
  53,028
Variable operating expenses, $m
  8,183
  8,651
  9,140
  9,650
  10,183
  10,741
  11,323
  11,933
  12,571
  13,238
  13,937
  14,669
  15,435
  16,239
  17,080
  17,962
  18,887
  19,857
  20,873
  21,939
  23,058
  24,231
  25,461
  26,753
  28,107
  29,529
  31,021
  32,586
  34,229
  35,953
Fixed operating expenses, $m
  230
  235
  240
  245
  251
  256
  262
  268
  274
  280
  286
  292
  299
  305
  312
  319
  326
  333
  340
  348
  355
  363
  371
  379
  388
  396
  405
  414
  423
  432
Total operating expenses, $m
  8,413
  8,886
  9,380
  9,895
  10,434
  10,997
  11,585
  12,201
  12,845
  13,518
  14,223
  14,961
  15,734
  16,544
  17,392
  18,281
  19,213
  20,190
  21,213
  22,287
  23,413
  24,594
  25,832
  27,132
  28,495
  29,925
  31,426
  33,000
  34,652
  36,385
Operating income, $m
  3,656
  3,874
  4,101
  4,338
  4,586
  4,845
  5,116
  5,399
  5,696
  6,007
  6,333
  6,674
  7,032
  7,407
  7,800
  8,212
  8,644
  9,098
  9,573
  10,072
  10,595
  11,145
  11,721
  12,326
  12,961
  13,628
  14,328
  15,062
  15,833
  16,643
EBITDA, $m
  5,049
  5,346
  5,656
  5,980
  6,318
  6,672
  7,042
  7,430
  7,835
  8,260
  8,704
  9,170
  9,658
  10,170
  10,706
  11,268
  11,858
  12,476
  13,124
  13,805
  14,518
  15,267
  16,053
  16,878
  17,743
  18,652
  19,605
  20,606
  21,657
  22,760
Interest expense (income), $m
  606
  638
  704
  773
  845
  919
  998
  1,080
  1,165
  1,255
  1,348
  1,446
  1,549
  1,656
  1,769
  1,887
  2,010
  2,140
  2,275
  2,418
  2,567
  2,724
  2,888
  3,060
  3,241
  3,430
  3,629
  3,838
  4,057
  4,287
  4,528
Earnings before tax, $m
  3,019
  3,170
  3,328
  3,493
  3,666
  3,847
  4,036
  4,234
  4,442
  4,659
  4,887
  5,126
  5,376
  5,638
  5,913
  6,202
  6,504
  6,822
  7,155
  7,505
  7,872
  8,257
  8,661
  9,086
  9,531
  9,999
  10,490
  11,005
  11,547
  12,115
Tax expense, $m
  815
  856
  899
  943
  990
  1,039
  1,090
  1,143
  1,199
  1,258
  1,319
  1,384
  1,451
  1,522
  1,597
  1,674
  1,756
  1,842
  1,932
  2,026
  2,125
  2,229
  2,339
  2,453
  2,573
  2,700
  2,832
  2,971
  3,118
  3,271
Net income, $m
  2,204
  2,314
  2,429
  2,550
  2,676
  2,808
  2,946
  3,091
  3,243
  3,401
  3,567
  3,742
  3,924
  4,116
  4,317
  4,527
  4,748
  4,980
  5,223
  5,479
  5,746
  6,028
  6,323
  6,632
  6,958
  7,299
  7,658
  8,034
  8,429
  8,844

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  37,836
  40,000
  42,259
  44,619
  47,084
  49,661
  52,355
  55,173
  58,121
  61,208
  64,439
  67,822
  71,367
  75,080
  78,972
  83,050
  87,326
  91,809
  96,509
  101,439
  106,610
  112,034
  117,724
  123,693
  129,957
  136,529
  143,426
  150,664
  158,261
  166,233
Adjusted assets (=assets-cash), $m
  37,836
  40,000
  42,259
  44,619
  47,084
  49,661
  52,355
  55,173
  58,121
  61,208
  64,439
  67,822
  71,367
  75,080
  78,972
  83,050
  87,326
  91,809
  96,509
  101,439
  106,610
  112,034
  117,724
  123,693
  129,957
  136,529
  143,426
  150,664
  158,261
  166,233
Revenue / Adjusted assets
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
  0.319
Average production assets, $m
  33,276
  35,179
  37,166
  39,241
  41,410
  43,676
  46,045
  48,524
  51,117
  53,831
  56,673
  59,649
  62,766
  66,032
  69,454
  73,041
  76,802
  80,744
  84,878
  89,214
  93,762
  98,532
  103,536
  108,786
  114,295
  120,075
  126,141
  132,507
  139,188
  146,199
Working capital, $m
  -398
  -421
  -445
  -470
  -496
  -523
  -551
  -581
  -612
  -644
  -678
  -714
  -751
  -790
  -831
  -874
  -919
  -966
  -1,016
  -1,068
  -1,122
  -1,179
  -1,239
  -1,302
  -1,368
  -1,437
  -1,510
  -1,586
  -1,666
  -1,750
Total debt, $m
  13,039
  14,311
  15,640
  17,027
  18,476
  19,991
  21,576
  23,233
  24,966
  26,781
  28,681
  30,671
  32,755
  34,938
  37,226
  39,625
  42,139
  44,775
  47,539
  50,437
  53,478
  56,667
  60,012
  63,523
  67,206
  71,070
  75,126
  79,382
  83,848
  88,536
Total liabilities, $m
  22,248
  23,520
  24,849
  26,236
  27,685
  29,200
  30,785
  32,442
  34,175
  35,990
  37,890
  39,880
  41,964
  44,147
  46,435
  48,834
  51,348
  53,984
  56,748
  59,646
  62,687
  65,876
  69,221
  72,732
  76,415
  80,279
  84,335
  88,591
  93,057
  97,745
Total equity, $m
  15,588
  16,480
  17,411
  18,383
  19,399
  20,460
  21,570
  22,731
  23,946
  25,218
  26,549
  27,943
  29,403
  30,933
  32,536
  34,217
  35,978
  37,825
  39,762
  41,793
  43,923
  46,158
  48,502
  50,962
  53,542
  56,250
  59,092
  62,074
  65,203
  68,488
Total liabilities and equity, $m
  37,836
  40,000
  42,260
  44,619
  47,084
  49,660
  52,355
  55,173
  58,121
  61,208
  64,439
  67,823
  71,367
  75,080
  78,971
  83,051
  87,326
  91,809
  96,510
  101,439
  106,610
  112,034
  117,723
  123,694
  129,957
  136,529
  143,427
  150,665
  158,260
  166,233
Debt-to-equity ratio
  0.840
  0.870
  0.900
  0.930
  0.950
  0.980
  1.000
  1.020
  1.040
  1.060
  1.080
  1.100
  1.110
  1.130
  1.140
  1.160
  1.170
  1.180
  1.200
  1.210
  1.220
  1.230
  1.240
  1.250
  1.260
  1.260
  1.270
  1.280
  1.290
  1.290
Adjusted equity ratio
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412
  0.412

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  2,204
  2,314
  2,429
  2,550
  2,676
  2,808
  2,946
  3,091
  3,243
  3,401
  3,567
  3,742
  3,924
  4,116
  4,317
  4,527
  4,748
  4,980
  5,223
  5,479
  5,746
  6,028
  6,323
  6,632
  6,958
  7,299
  7,658
  8,034
  8,429
  8,844
Depreciation, amort., depletion, $m
  1,392
  1,472
  1,555
  1,642
  1,733
  1,827
  1,927
  2,030
  2,139
  2,252
  2,371
  2,496
  2,626
  2,763
  2,906
  3,056
  3,213
  3,378
  3,551
  3,733
  3,923
  4,123
  4,332
  4,552
  4,782
  5,024
  5,278
  5,544
  5,824
  6,117
Funds from operations, $m
  3,596
  3,786
  3,984
  4,192
  4,409
  4,636
  4,873
  5,121
  5,381
  5,654
  5,939
  6,238
  6,551
  6,879
  7,223
  7,583
  7,962
  8,359
  8,775
  9,211
  9,669
  10,150
  10,655
  11,184
  11,740
  12,323
  12,935
  13,578
  14,253
  14,961
Change in working capital, $m
  -22
  -23
  -24
  -25
  -26
  -27
  -28
  -30
  -31
  -32
  -34
  -36
  -37
  -39
  -41
  -43
  -45
  -47
  -49
  -52
  -54
  -57
  -60
  -63
  -66
  -69
  -73
  -76
  -80
  -84
Cash from operations, $m
  3,618
  3,809
  4,008
  4,217
  4,435
  4,663
  4,901
  5,151
  5,412
  5,686
  5,973
  6,273
  6,588
  6,918
  7,264
  7,626
  8,007
  8,406
  8,824
  9,263
  9,724
  10,207
  10,715
  11,247
  11,806
  12,392
  13,008
  13,654
  14,333
  15,045
Maintenance CAPEX, $m
  -1,316
  -1,392
  -1,472
  -1,555
  -1,642
  -1,733
  -1,827
  -1,927
  -2,030
  -2,139
  -2,252
  -2,371
  -2,496
  -2,626
  -2,763
  -2,906
  -3,056
  -3,213
  -3,378
  -3,551
  -3,733
  -3,923
  -4,123
  -4,332
  -4,552
  -4,782
  -5,024
  -5,278
  -5,544
  -5,824
New CAPEX, $m
  -1,819
  -1,903
  -1,987
  -2,075
  -2,168
  -2,266
  -2,369
  -2,478
  -2,593
  -2,714
  -2,842
  -2,976
  -3,117
  -3,266
  -3,422
  -3,587
  -3,760
  -3,943
  -4,134
  -4,336
  -4,547
  -4,770
  -5,004
  -5,250
  -5,509
  -5,780
  -6,066
  -6,366
  -6,681
  -7,012
Cash from investing activities, $m
  -3,135
  -3,295
  -3,459
  -3,630
  -3,810
  -3,999
  -4,196
  -4,405
  -4,623
  -4,853
  -5,094
  -5,347
  -5,613
  -5,892
  -6,185
  -6,493
  -6,816
  -7,156
  -7,512
  -7,887
  -8,280
  -8,693
  -9,127
  -9,582
  -10,061
  -10,562
  -11,090
  -11,644
  -12,225
  -12,836
Free cash flow, $m
  483
  513
  549
  587
  625
  664
  704
  746
  789
  833
  879
  926
  975
  1,026
  1,078
  1,133
  1,190
  1,250
  1,312
  1,376
  1,444
  1,514
  1,588
  1,665
  1,745
  1,830
  1,918
  2,011
  2,108
  2,210
Issuance/(repayment) of debt, $m
  1,230
  1,273
  1,328
  1,387
  1,449
  1,515
  1,584
  1,657
  1,734
  1,815
  1,900
  1,990
  2,084
  2,184
  2,288
  2,398
  2,514
  2,636
  2,764
  2,899
  3,040
  3,189
  3,346
  3,510
  3,683
  3,865
  4,055
  4,256
  4,467
  4,688
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  1,230
  1,273
  1,328
  1,387
  1,449
  1,515
  1,584
  1,657
  1,734
  1,815
  1,900
  1,990
  2,084
  2,184
  2,288
  2,398
  2,514
  2,636
  2,764
  2,899
  3,040
  3,189
  3,346
  3,510
  3,683
  3,865
  4,055
  4,256
  4,467
  4,688
Total cash flow (excl. dividends), $m
  1,712
  1,785
  1,878
  1,974
  2,074
  2,179
  2,289
  2,403
  2,523
  2,648
  2,779
  2,916
  3,059
  3,209
  3,367
  3,532
  3,704
  3,886
  4,076
  4,275
  4,484
  4,703
  4,933
  5,175
  5,428
  5,694
  5,974
  6,267
  6,574
  6,897
Retained Cash Flow (-), $m
  -867
  -892
  -931
  -972
  -1,016
  -1,062
  -1,110
  -1,161
  -1,215
  -1,272
  -1,331
  -1,394
  -1,460
  -1,530
  -1,603
  -1,680
  -1,762
  -1,847
  -1,937
  -2,031
  -2,130
  -2,235
  -2,344
  -2,459
  -2,581
  -2,708
  -2,842
  -2,982
  -3,130
  -3,285
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  845
  894
  947
  1,002
  1,059
  1,118
  1,179
  1,242
  1,308
  1,376
  1,447
  1,521
  1,599
  1,679
  1,763
  1,851
  1,943
  2,039
  2,139
  2,244
  2,354
  2,469
  2,589
  2,715
  2,848
  2,986
  3,132
  3,285
  3,445
  3,613
Discount rate, %
  6.40
  6.72
  7.06
  7.41
  7.78
  8.17
  8.58
  9.01
  9.46
  9.93
  10.42
  10.95
  11.49
  12.07
  12.67
  13.31
  13.97
  14.67
  15.40
  16.17
  16.98
  17.83
  18.72
  19.66
  20.64
  21.67
  22.76
  23.89
  25.09
  26.34
PV of cash for distribution, $m
  794
  785
  772
  753
  728
  698
  663
  623
  580
  534
  486
  437
  389
  341
  295
  251
  210
  174
  141
  112
  87
  67
  50
  37
  26
  18
  12
  8
  5
  3
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

CSX Corporation is a transportation company. The Company provides rail-based freight transportation services, including traditional rail service and transport of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. The Company categorizes its products into three primary lines of business: merchandise, intermodal and coal. The Company's intermodal business links customers to railroads through trucks and terminals. The Company's merchandise business consists of shipments in markets, such as agricultural and food products, fertilizers, chemicals, automotive, metals and equipment, minerals and forest products. The Company's coal business transports domestic coal, coke and iron ore to electricity-generating power plants, steel manufacturers and industrial plants, as well as export coal to deep-water port facilities.

FINANCIAL RATIOS  of  CSX (CSX)

Valuation Ratios
P/E Ratio 39.6
Price to Sales 6.1
Price to Book 5.8
Price to Tangible Book
Price to Cash Flow 22.3
Price to Free Cash Flow 105.4
Growth Rates
Sales Growth Rate -6.3%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -6.4%
Cap. Spend. - 3 Yr. Gr. Rate 0.7%
Financial Strength
Quick Ratio 3
Current Ratio 0.1
LT Debt to Equity 93.9%
Total Debt to Equity 96.7%
Interest Coverage 6
Management Effectiveness
Return On Assets 6%
Ret/ On Assets - 3 Yr. Avg. 6.6%
Return On Total Capital 7.6%
Ret/ On T. Cap. - 3 Yr. Avg. 8.7%
Return On Equity 14.7%
Return On Equity - 3 Yr. Avg. 16.6%
Asset Turnover 0.3
Profitability Ratios
Gross Margin 63.1%
Gross Margin - 3 Yr. Avg. 61.2%
EBITDA Margin 42%
EBITDA Margin - 3 Yr. Avg. 40.4%
Operating Margin 29.6%
Oper. Margin - 3 Yr. Avg. 29.5%
Pre-Tax Margin 24.8%
Pre-Tax Margin - 3 Yr. Avg. 25.1%
Net Profit Margin 15.5%
Net Profit Margin - 3 Yr. Avg. 15.8%
Effective Tax Rate 37.5%
Eff/ Tax Rate - 3 Yr. Avg. 37.1%
Payout Ratio 39.7%

CSX stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the CSX stock intrinsic value calculation we used $11408 million for the last fiscal year's total revenue generated by CSX. The default revenue input number comes from 0001 income statement of CSX. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our CSX stock valuation model: a) initial revenue growth rate of 5.8% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 6.4%, whose default value for CSX is calculated based on our internal credit rating of CSX, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of CSX.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of CSX stock the variable cost ratio is equal to 67.8%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $225 million in the base year in the intrinsic value calculation for CSX stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for CSX.

Corporate tax rate of 27% is the nominal tax rate for CSX. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the CSX stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for CSX are equal to 275.7%.

Life of production assets of 23.9 years is the average useful life of capital assets used in CSX operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for CSX is equal to -3.3%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $14721 million for CSX - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 875.354 million for CSX is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of CSX at the current share price and the inputted number of shares is $63.9 billion.

RELATED COMPANIES Price Int.Val. Rating
NSC Norfolk Southe 184.28 109.30  sell
UNP Union Pacific 164.01 93.85  sell
GWR Genesee&Wyomin 91.01 75.09  hold
KSU Kansas City So 118.59 41.16  str.sell
CP Canadian Pacif 207.37 135.82  sell
CNI Canadian Natio 88.11 34.67  str.sell

COMPANY NEWS

▶ [$$] Union Pacifics Cure for Congestion: Imitate a Rival   [Sep-19-18 08:28PM  The Wall Street Journal]
▶ [$$] Union Pacific's Cure for Congestion: Imitate a Rival   [07:58PM  The Wall Street Journal]
▶ Final Trades: CSX, M & more   [Sep-14-18 05:43PM  CNBC Videos]
▶ BMO Switches Tracks On CSX, Citing Lower Visibility   [Sep-05-18 11:18AM  Benzinga]
▶ 4 Top Winners From the US-Mexico Trade Deal   [Aug-28-18 01:45PM  InvestorPlace]
▶ Georgia Ports Authority's 'inland' port open for business   [Aug-17-18 05:20AM  American City Business Journals]
▶ Bull of the Day: CSX Corp. (CSX)   [06:37AM  Zacks]
▶ NTSB: Failure to fix rail crossing led to fatal bus crash   [Aug-07-18 05:08PM  Associated Press]
▶ Should You Buy Apple Now? Plus, A Look At 4 Other Bullish Charts   [Aug-05-18 06:04PM  Investor's Business Daily]
▶ Report points to lapse in key data in Mississippi bus crash   [Aug-03-18 05:46PM  Associated Press]
▶ CSX Corporation Declares Quarterly Dividend   [02:00PM  GlobeNewswire]
▶ CSX pays millions for groundwater contamination after derailment   [Jul-24-18 01:23PM  American City Business Journals]
▶ [$$] Charting the Market   [Jul-21-18 12:01AM  Barrons.com]
▶ Atlanta clears a new path (Interactive map)   [Jul-20-18 04:00AM  American City Business Journals]
▶ CSX CEO talks record-breaking quarter, addresses skeptics   [10:51AM  American City Business Journals]
▶ Full Steam Ahead for CSX   [02:44PM  TheStreet.com]
▶ [$$] CSX Reports Jump in Profit   [Jul-17-18 07:36PM  The Wall Street Journal]
▶ CSX Rises on Earnings, Revenue Beat   [05:12PM  TheStreet.com]
▶ CSX stock rises after earnings beat   [04:23PM  MarketWatch]
▶ Will CSX Continue to Impress Investors this Quarter?   [Jul-16-18 04:15PM  Motley Fool]
▶ Five revelations from the fatal Amtrak, CSX crash investigation   [Jul-13-18 09:10AM  American City Business Journals]
▶ Brightline hires CSX exec as Orlando-to-Tampa high-speed rail plans heat up   [Jul-12-18 12:52PM  American City Business Journals]
▶ Federal investigators review CSX, Amtrak collision   [Jul-10-18 01:17PM  American City Business Journals]
▶ CSX Announces Senior Executive Changes   [Jul-09-18 02:00PM  GlobeNewswire]
▶ CSX to reopen shuttered Nashville yard, quashing oft-teased transit dream   [Jul-03-18 11:51AM  American City Business Journals]
▶ CSX to reopen shuttered Nashville yard, quashing oft-teased transit dream   [Jul-02-18 03:33PM  American City Business Journals]
▶ CSX revives eastern N.C. intermodal terminal plans - with $118M from DOT   [Jun-28-18 10:05AM  American City Business Journals]
▶ Industrial stocks close lower amid trade tensions   [Jun-25-18 04:22PM  CNBC Videos]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.