WallStSmart

Landstar System Inc (LSTR)vsZTO Express (Cayman) Inc (ZTO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ZTO Express (Cayman) Inc generates 985% more annual revenue ($54.21B vs $5.00B). ZTO leads profitability with a 19.0% profit margin vs 2.6%. LSTR appears more attractively valued with a PEG of 0.92. ZTO earns a higher WallStSmart Score of 80/100 (B+).

LSTR

Buy

59

out of 100

Grade: C

Growth: 6.0Profit: 5.5Value: 4.7Quality: 7.5
Piotroski: 3/9Altman Z: 6.60

ZTO

Strong Buy

80

out of 100

Grade: B+

Growth: 8.7Profit: 7.5Value: 8.7Quality: 7.5
Piotroski: 5/9Altman Z: 3.42
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

LSTRSignificantly Overvalued (-59.7%)

Margin of Safety

-59.7%

Fair Value

$101.89

Current Price

$168.68

$66.79 premium

UndervaluedFair: $101.89Overvalued
ZTOUndervalued (+65.8%)

Margin of Safety

+65.8%

Fair Value

$72.67

Current Price

$19.84

$52.83 discount

UndervaluedFair: $72.67Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LSTR5 strengths · Avg: 8.6/10
Altman Z-ScoreHealth
6.6010/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.179/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.928/10

Growing faster than its price suggests

Revenue GrowthGrowth
18.1%8/10

18.1% revenue growth

EPS GrowthGrowth
20.1%8/10

Earnings expanding 20.1% YoY

ZTO6 strengths · Avg: 9.0/10
P/E RatioValuation
10.9x10/10

Attractively priced relative to earnings

EPS GrowthGrowth
58.1%10/10

Earnings expanding 58.1% YoY

Altman Z-ScoreHealth
3.4210/10

Safe zone — low bankruptcy risk

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Operating MarginProfitability
22.2%8/10

Strong operational efficiency at 22.2%

Revenue GrowthGrowth
23.0%8/10

Revenue surging 23.0% year-over-year

Areas to Watch

LSTR4 concerns · Avg: 2.8/10
Profit MarginProfitability
2.6%3/10

2.6% margin — thin

Operating MarginProfitability
4.6%3/10

Operating margin of 4.6%

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
44.2x2/10

Premium valuation, high expectations priced in

ZTO0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : LSTR

The strongest argument for LSTR centers on Altman Z-Score, Debt/Equity, PEG Ratio. Revenue growth of 18.1% demonstrates continued momentum. PEG of 0.92 suggests the stock is reasonably priced for its growth.

Bull Case : ZTO

The strongest argument for ZTO centers on P/E Ratio, EPS Growth, Altman Z-Score. Profitability is solid with margins at 19.0% and operating margin at 22.2%. Revenue growth of 23.0% demonstrates continued momentum.

Bear Case : LSTR

The primary concerns for LSTR are Profit Margin, Operating Margin, Piotroski F-Score. A P/E of 44.2x leaves little room for execution misses. Thin 2.6% margins leave little buffer for downturns.

Bear Case : ZTO

No major red flags identified for ZTO, but monitor valuation.

Key Dynamics to Monitor

LSTR carries more volatility with a beta of 0.89 — expect wider price swings.

ZTO is growing revenue faster at 23.0% — sustainability is the question.

ZTO generates stronger free cash flow (1.9B), providing more financial flexibility.

Monitor INTEGRATED FREIGHT & LOGISTICS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ZTO scores higher overall (80/100 vs 59/100), backed by strong 19.0% margins and 23.0% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Landstar System Inc

INDUSTRIALS · INTEGRATED FREIGHT & LOGISTICS · USA

Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The company is headquartered in Jacksonville, Florida.

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ZTO Express (Cayman) Inc

INDUSTRIALS · INTEGRATED FREIGHT & LOGISTICS · China

ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. The company is headquartered in Shanghai, the People's Republic of China.

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