UNITED AIRLINES HOLDINGS INC (1UAL.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1UAL - US9100471096 - Common Stock
80.34 EUR
-10.57 (-11.63%)
We assign a fundamental rating of 4 out of 10 to 1UAL. 1UAL was compared to 14 industry peers in the Passenger Airlines industry. While 1UAL is still in line with the averages on profitability rating, there are concerns on its financial health. 1UAL has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- 1UAL had positive earnings in the past year.
- 1UAL had a positive operating cash flow in the past year.
- In multiple years 1UAL reported negative net income over the last 5 years.
- Of the past 5 years 1UAL 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 4.29%, 1UAL is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
- The Return On Equity of 1UAL (24.75%) is better than 69.23% of its industry peers.
- 1UAL has a better Return On Invested Capital (8.57%) than 76.92% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for 1UAL is below the industry average of 9.24%.
- The 3 year average ROIC (6.63%) for 1UAL is below the current ROIC(8.57%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.29% | ||
| ROE | 24.75% | ||
| ROIC | 8.57% |
ROA(3y)3.01%
ROA(5y)-1.15%
ROE(3y)21.2%
ROE(5y)-18.81%
ROIC(3y)6.63%
ROIC(5y)N/A
1.3 Margins
- 1UAL has a Profit Margin of 5.71%. This is in the better half of the industry: 1UAL outperforms 76.92% of its industry peers.
- 1UAL's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 9.32%, 1UAL is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
- In the last couple of years the Operating Margin of 1UAL has declined.
- Looking at the Gross Margin, with a value of 64.15%, 1UAL belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
- In the last couple of years the Gross Margin of 1UAL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.32% | ||
| PM (TTM) | 5.71% | ||
| GM | 64.15% |
OM growth 3YN/A
OM growth 5Y-2.78%
PM growth 3YN/A
PM growth 5Y-4.52%
GM growth 3Y6.86%
GM growth 5Y0.39%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1UAL is destroying value.
- Compared to 1 year ago, 1UAL has about the same amount of shares outstanding.
- 1UAL has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, 1UAL has an improved debt to assets ratio.
2.2 Solvency
- 1UAL has a debt to FCF ratio of 6.70. This is a slightly negative value and a sign of low solvency as 1UAL would need 6.70 years to pay back of all of its debts.
- The Debt to FCF ratio of 1UAL (6.70) is better than 61.54% of its industry peers.
- 1UAL has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
- 1UAL's Debt to Equity ratio of 1.56 is fine compared to the rest of the industry. 1UAL outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 6.7 | ||
| Altman-Z | N/A |
ROIC/WACC1
WACC8.58%
2.3 Liquidity
- 1UAL has a Current Ratio of 0.70. This is a bad value and indicates that 1UAL is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.70, 1UAL is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
- A Quick Ratio of 0.65 indicates that 1UAL may have some problems paying its short term obligations.
- 1UAL's Quick ratio of 0.65 is in line compared to the rest of the industry. 1UAL outperforms 46.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
- 1UAL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.95%, which is quite good.
- Measured over the past years, 1UAL shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.65% on average per year.
- Looking at the last year, 1UAL shows a small growth in Revenue. The Revenue has grown by 4.23% in the last year.
- 1UAL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.70% yearly.
EPS 1Y (TTM)17.95%
EPS 3YN/A
EPS 5Y-2.65%
EPS Q2Q%-6.52%
Revenue 1Y (TTM)4.23%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%1.67%
3.2 Future
- Based on estimates for the next years, 1UAL will show a decrease in Earnings Per Share. The EPS will decrease by -0.61% on average per year.
- Based on estimates for the next years, 1UAL will show a small growth in Revenue. The Revenue will grow by 2.88% on average per year.
EPS Next Y-2.09%
EPS Next 2Y9.64%
EPS Next 3Y11.39%
EPS Next 5Y-0.61%
Revenue Next Year4.1%
Revenue Next 2Y5.87%
Revenue Next 3Y6.01%
Revenue Next 5Y2.88%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 8.17, the valuation of 1UAL can be described as reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of 1UAL is on the same level as its industry peers.
- 1UAL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.94.
- Based on the Price/Forward Earnings ratio of 7.31, the valuation of 1UAL can be described as very cheap.
- 61.54% of the companies in the same industry are cheaper than 1UAL, based on the Price/Forward Earnings ratio.
- 1UAL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.17 | ||
| Fwd PE | 7.31 |
4.2 Price Multiples
- 76.92% of the companies in the same industry are cheaper than 1UAL, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, 1UAL is valued a bit more expensive than the industry average as 61.54% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.44 | ||
| EV/EBITDA | 4.24 |
4.3 Compensation for Growth
- 1UAL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.64%
EPS Next 3Y11.39%
5. Dividend
5.1 Amount
- No dividends for 1UAL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1UAL (10/2/2025, 7:00:00 PM)
80.34
-10.57 (-11.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)07-16 2025-07-16/amc
Earnings (Next)10-15 2025-10-15/amc
Inst Owners87.79%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap26.01B
Revenue(TTM)57.99B
Net Income(TTM)3.31B
Analysts82.22
Price Target96.97 (20.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.75%
Min EPS beat(2)0.48%
Max EPS beat(2)19.01%
EPS beat(4)4
Avg EPS beat(4)7.8%
Min EPS beat(4)0.48%
Max EPS beat(4)19.01%
EPS beat(8)8
Avg EPS beat(8)16.83%
EPS beat(12)12
Avg EPS beat(12)17.63%
EPS beat(16)15
Avg EPS beat(16)15.57%
Revenue beat(2)0
Avg Revenue beat(2)-1.54%
Min Revenue beat(2)-1.76%
Max Revenue beat(2)-1.32%
Revenue beat(4)1
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-1.76%
Max Revenue beat(4)0.55%
Revenue beat(8)1
Avg Revenue beat(8)-0.74%
Revenue beat(12)4
Avg Revenue beat(12)-0.46%
Revenue beat(16)6
Avg Revenue beat(16)-0.45%
PT rev (1m)2.66%
PT rev (3m)17.68%
EPS NQ rev (1m)0.64%
EPS NQ rev (3m)-33.71%
EPS NY rev (1m)0.08%
EPS NY rev (3m)-1.06%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-4.99%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.17 | ||
| Fwd PE | 7.31 | ||
| P/S | 0.52 | ||
| P/FCF | 7.44 | ||
| P/OCF | 3.12 | ||
| P/B | 2.25 | ||
| P/tB | 4.87 | ||
| EV/EBITDA | 4.24 |
EPS(TTM)9.83
EY12.24%
EPS(NY)10.99
Fwd EY13.69%
FCF(TTM)10.8
FCFY13.44%
OCF(TTM)25.77
OCFY32.07%
SpS154.84
BVpS35.71
TBVpS16.49
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.29% | ||
| ROE | 24.75% | ||
| ROCE | 11.21% | ||
| ROIC | 8.57% | ||
| ROICexc | 12.68% | ||
| ROICexgc | 16.28% | ||
| OM | 9.32% | ||
| PM (TTM) | 5.71% | ||
| GM | 64.15% | ||
| FCFM | 6.97% |
ROA(3y)3.01%
ROA(5y)-1.15%
ROE(3y)21.2%
ROE(5y)-18.81%
ROIC(3y)6.63%
ROIC(5y)N/A
ROICexc(3y)9.5%
ROICexc(5y)N/A
ROICexgc(3y)12.05%
ROICexgc(5y)N/A
ROCE(3y)8.68%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-0.15%
ROICexc growth 3YN/A
ROICexc growth 5Y0.65%
OM growth 3YN/A
OM growth 5Y-2.78%
PM growth 3YN/A
PM growth 5Y-4.52%
GM growth 3Y6.86%
GM growth 5Y0.39%
F-Score6
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 6.7 | ||
| Debt/EBITDA | 2.51 | ||
| Cap/Depr | 191.43% | ||
| Cap/Sales | 9.67% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 115.83% | ||
| Profit Quality | 122.18% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | N/A |
F-Score6
WACC8.58%
ROIC/WACC1
Cap/Depr(3y)218.82%
Cap/Depr(5y)162.13%
Cap/Sales(3y)11.3%
Cap/Sales(5y)10.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.95%
EPS 3YN/A
EPS 5Y-2.65%
EPS Q2Q%-6.52%
EPS Next Y-2.09%
EPS Next 2Y9.64%
EPS Next 3Y11.39%
EPS Next 5Y-0.61%
Revenue 1Y (TTM)4.23%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%1.67%
Revenue Next Year4.1%
Revenue Next 2Y5.87%
Revenue Next 3Y6.01%
Revenue Next 5Y2.88%
EBIT growth 1Y10.47%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year55.18%
EBIT Next 3Y23.65%
EBIT Next 5YN/A
FCF growth 1Y136.49%
FCF growth 3YN/A
FCF growth 5Y9.97%
OCF growth 1Y9.15%
OCF growth 3Y65.94%
OCF growth 5Y6.45%
UNITED AIRLINES HOLDINGS INC / 1UAL.MI FAQ
Can you provide the ChartMill fundamental rating for UNITED AIRLINES HOLDINGS INC?
ChartMill assigns a fundamental rating of 4 / 10 to 1UAL.MI.
What is the valuation status for 1UAL stock?
ChartMill assigns a valuation rating of 4 / 10 to UNITED AIRLINES HOLDINGS INC (1UAL.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for UNITED AIRLINES HOLDINGS INC?
UNITED AIRLINES HOLDINGS INC (1UAL.MI) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for 1UAL stock?
The Earnings per Share (EPS) of UNITED AIRLINES HOLDINGS INC (1UAL.MI) is expected to decline by -2.09% in the next year.