UNITED AIRLINES HOLDINGS INC (1UAL.MI) Stock Fundamental Analysis
Europe - BIT:1UAL - US9100471096 - Common Stock
90.91 EUR
+3.37 (+3.85%)
1UAL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 12 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.
In the past year 1UAL had a positive cash flow from operations.
In multiple years 1UAL reported negative net income over the last 5 years.
1UAL had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
1UAL has a Return On Assets of 4.29%. This is in the better half of the industry: 1UAL outperforms 66.67% of its industry peers.
Looking at the Return On Equity, with a value of 24.75%, 1UAL is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
1UAL has a Return On Invested Capital of 8.57%. This is in the better half of the industry: 1UAL outperforms 75.00% of its industry peers.
1UAL had an Average Return On Invested Capital over the past 3 years of 6.63%. This is below the industry average of 9.96%.
The last Return On Invested Capital (8.57%) for 1UAL is above the 3 year average (6.63%), which is a sign of increasing profitability.
| 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 better Profit Margin (5.71%) than 75.00% of its industry peers.
In the last couple of years the Profit Margin of 1UAL has declined.
With a decent Operating Margin value of 9.32%, 1UAL is doing good in the industry, outperforming 75.00% of the companies in the same industry.
1UAL's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 64.15%, 1UAL belongs to the top of the industry, outperforming 83.33% 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.
The number of shares outstanding for 1UAL has been increased compared to 5 years ago.
The debt/assets ratio for 1UAL has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of 1UAL is 6.70, which is on the high side as it means it would take 1UAL, 6.70 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 6.70, 1UAL is doing good in the industry, outperforming 66.67% of the companies in the same industry.
1UAL has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
1UAL has a Debt to Equity ratio (1.56) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 6.7 | ||
| Altman-Z | N/A |
ROIC/WACC0.95
WACC9.04%
2.3 Liquidity
A Current Ratio of 0.70 indicates that 1UAL may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.70, 1UAL is in line with its industry, outperforming 58.33% of the companies in the same industry.
1UAL has a Quick 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.
1UAL's Quick ratio of 0.65 is in line compared to the rest of the industry. 1UAL outperforms 41.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.95% over the past year.
The Earnings Per Share has been decreasing by -2.65% on average over the past years.
1UAL shows a small growth in Revenue. In the last year, the Revenue has grown by 4.23%.
Measured over the past years, 1UAL shows a small growth in Revenue. The Revenue has been growing by 5.70% on average per year.
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
The Earnings Per Share is expected to decrease by -0.61% on average over the next years.
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-2.17%
EPS Next 2Y9.18%
EPS Next 3Y10.81%
EPS Next 5Y-0.61%
Revenue Next Year4.03%
Revenue Next 2Y5.79%
Revenue Next 3Y5.92%
Revenue Next 5Y2.88%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 9.34, which indicates a very decent valuation of 1UAL.
1UAL's Price/Earnings is on the same level as the industry average.
1UAL is valuated cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 8.42 indicates a reasonable valuation of 1UAL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1UAL indicates a slightly more expensive valuation: 1UAL is more expensive than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, 1UAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.34 | ||
| Fwd PE | 8.42 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1UAL is valued expensively inside the industry as 83.33% of the companies are valued cheaper.
Based on the Price/Free Cash Flow ratio, 1UAL is valued a bit more expensive than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.5 | ||
| EV/EBITDA | 4.75 |
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 2Y9.18%
EPS Next 3Y10.81%
5. Dividend
5.1 Amount
1UAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1UAL (9/3/2025, 7:00:00 PM)
90.91
+3.37 (+3.85%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners89.4%
Inst Owner ChangeN/A
Ins Owners0.56%
Ins Owner ChangeN/A
Market Cap29.43B
Analysts82.86
Price Target94.46 (3.9%)
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)8.51%
PT rev (3m)14.63%
EPS NQ rev (1m)0.49%
EPS NQ rev (3m)-34.52%
EPS NY rev (1m)2.18%
EPS NY rev (3m)-1.14%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)-5.11%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.34 | ||
| Fwd PE | 8.42 | ||
| P/S | 0.59 | ||
| P/FCF | 8.5 | ||
| P/OCF | 3.56 | ||
| P/B | 2.57 | ||
| P/tB | 5.57 | ||
| EV/EBITDA | 4.75 |
EPS(TTM)9.73
EY10.7%
EPS(NY)10.79
Fwd EY11.87%
FCF(TTM)10.69
FCFY11.76%
OCF(TTM)25.51
OCFY28.06%
SpS153.29
BVpS35.35
TBVpS16.33
PEG (NY)N/A
PEG (5Y)N/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
ROICexcg growth 3YN/A
ROICexcg 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
WACC9.04%
ROIC/WACC0.95
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-2.17%
EPS Next 2Y9.18%
EPS Next 3Y10.81%
EPS Next 5Y-0.61%
Revenue 1Y (TTM)4.23%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%1.67%
Revenue Next Year4.03%
Revenue Next 2Y5.79%
Revenue Next 3Y5.92%
Revenue Next 5Y2.88%
EBIT growth 1Y10.47%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year55.04%
EBIT Next 3Y23.51%
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%