Knight-Swift Transportation Holdings Inc (KNX) is overvalued and RXO Inc (RXO) is undervalued.
Against our estimates of intrinsic value, RXO trades at the wider discount: a margin of safety of +62%, against -599% for KNX.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.7% (average of 2 methods) values the shares at $9.60; the price of $67.09 is 599% above that value, and 74% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
A 1.5x revenue multiple, discounted for its losses, values the shares at $52.21; the price of $19.79 is 62% below that value.
Leak Score 56/100 on 2 of 12 signals
| Metric | KNX | RXO |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $67.09 | $19.79 |
| Intrinsic value | $9.60 | $52.21 |
| Margin of safety | -599% | +62% |
| Leak Score | 0/100 (2/12) | 56/100 (2/12) |
| Market cap | $10.9B | $3.3B |
| Revenue growth, 5 years | 9.8% | 11.3% |
| Operating margin | 3.0% | -0.2% |
| Net margin | 0.6% | -1.7% |
| Return on equity | 0.6% | -6.8% |
| Debt to equity | 0.38 | 0.48 |
| P/E | 255.2x | — |
| Forward P/E | 16.5x | 32.2x |
| P/B | 1.6x | 2.2x |
| Dividend yield | 1.1% | — |