92.2 USD
+2.15 (+2.39%)
92.2 USD
0 (0%)
UAL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 21 industry peers in the Passenger Airlines industry. UAL has a medium profitability rating, but doesn't score so well on its financial health evaluation. UAL has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
UAL had positive earnings in the past year.
UAL had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: UAL reported negative net income in multiple years.
UAL had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
UAL has a better Return On Assets (4.32%) than 76.19% of its industry peers.
UAL has a better Return On Equity (23.02%) than 80.95% of its industry peers.
The Return On Invested Capital of UAL (8.02%) is better than 71.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UAL is significantly below the industry average of 13.75%.
The last Return On Invested Capital (8.02%) for UAL is above the 3 year average (6.63%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.32% | ||
| ROE | 23.02% | ||
| ROIC | 8.02% |
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
UAL has a Profit Margin of 5.64%. This is in the better half of the industry: UAL outperforms 76.19% of its industry peers.
In the last couple of years the Profit Margin of UAL has declined.
The Operating Margin of UAL (8.85%) is better than 71.43% of its industry peers.
In the last couple of years the Operating Margin of UAL has declined.
With a decent Gross Margin value of 64.08%, UAL is doing good in the industry, outperforming 71.43% of the companies in the same industry.
UAL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.85% | ||
| PM (TTM) | 5.64% | ||
| GM | 64.08% |
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
UAL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for UAL remains at a similar level compared to 1 year ago.
Compared to 5 years ago, UAL has more shares outstanding
The debt/assets ratio for UAL has been reduced compared to a year ago.
2.2 Solvency
UAL has a debt to FCF ratio of 6.85. This is a slightly negative value and a sign of low solvency as UAL would need 6.85 years to pay back of all of its debts.
UAL has a better Debt to FCF ratio (6.85) than 76.19% of its industry peers.
A Debt/Equity ratio of 1.45 is on the high side and indicates that UAL has dependencies on debt financing.
UAL has a Debt to Equity ratio (1.45) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 6.85 | ||
| Altman-Z | N/A |
ROIC/WACC0.97
WACC8.31%
2.3 Liquidity
UAL has a Current Ratio of 0.67. This is a bad value and indicates that UAL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.67, UAL is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
UAL has a Quick Ratio of 0.67. This is a bad value and indicates that UAL is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of UAL (0.61) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.09% over the past year.
Measured over the past years, UAL shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.65% on average per year.
The Revenue has been growing slightly by 4.24% in the past year.
The Revenue has been growing slightly by 5.70% on average over the past years.
EPS 1Y (TTM)16.09%
EPS 3YN/A
EPS 5Y-2.65%
EPS Q2Q%-16.52%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%2.57%
3.2 Future
Based on estimates for the next years, UAL will show a decrease in Earnings Per Share. The EPS will decrease by -4.37% on average per year.
UAL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.99% yearly.
EPS Next Y3.2%
EPS Next 2Y11.43%
EPS Next 3Y11.45%
EPS Next 5Y-4.37%
Revenue Next Year4.32%
Revenue Next 2Y5.94%
Revenue Next 3Y5.98%
Revenue Next 5Y1.99%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
With a Price/Earnings ratio of 8.52, the valuation of UAL can be described as very reasonable.
UAL's Price/Earnings ratio is rather cheap when compared to the industry. UAL is cheaper than 90.48% of the companies in the same industry.
When comparing the Price/Earnings ratio of UAL to the average of the S&P500 Index (25.45), we can say UAL is valued rather cheaply.
The Price/Forward Earnings ratio is 7.02, which indicates a rather cheap valuation of UAL.
Based on the Price/Forward Earnings ratio, UAL is valued cheaper than 80.95% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.46. UAL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.52 | ||
| Fwd PE | 7.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UAL is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, UAL is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.04 | ||
| EV/EBITDA | 4.28 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
UAL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.66
PEG (5Y)N/A
EPS Next 2Y11.43%
EPS Next 3Y11.45%
5. Dividend
5.1 Amount
UAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
92.2
+2.15 (+2.39%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners87.79%
Inst Owner Change2.84%
Ins Owners0.55%
Ins Owner Change-0.65%
Market Cap29.85B
Revenue(TTM)58.37B
Net Income(TTM)3.29B
Analysts81.48
Price Target124.56 (35.1%)
Short Float %4.02%
Short Ratio2.06
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)2.55%
Min EPS beat(2)0.48%
Max EPS beat(2)4.61%
EPS beat(4)4
Avg EPS beat(4)7.92%
Min EPS beat(4)0.48%
Max EPS beat(4)19.01%
EPS beat(8)8
Avg EPS beat(8)16.41%
EPS beat(12)12
Avg EPS beat(12)16.16%
EPS beat(16)15
Avg EPS beat(16)13.37%
Revenue beat(2)0
Avg Revenue beat(2)-1.71%
Min Revenue beat(2)-1.76%
Max Revenue beat(2)-1.67%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-1.76%
Max Revenue beat(4)0.55%
Revenue beat(8)1
Avg Revenue beat(8)-0.86%
Revenue beat(12)3
Avg Revenue beat(12)-0.6%
Revenue beat(16)5
Avg Revenue beat(16)-0.58%
PT rev (1m)11.12%
PT rev (3m)13.28%
EPS NQ rev (1m)12.82%
EPS NQ rev (3m)14.27%
EPS NY rev (1m)5.41%
EPS NY rev (3m)7.79%
Revenue NQ rev (1m)1.78%
Revenue NQ rev (3m)2.19%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.52 | ||
| Fwd PE | 7.02 | ||
| P/S | 0.51 | ||
| P/FCF | 8.04 | ||
| P/OCF | 3.19 | ||
| P/B | 2.09 | ||
| P/tB | 4.19 | ||
| EV/EBITDA | 4.28 |
EPS(TTM)10.82
EY11.74%
EPS(NY)13.14
Fwd EY14.25%
FCF(TTM)11.46
FCFY12.43%
OCF(TTM)28.94
OCFY31.39%
SpS180.3
BVpS44.2
TBVpS21.99
PEG (NY)2.66
PEG (5Y)N/A
Graham Number103.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.32% | ||
| ROE | 23.02% | ||
| ROCE | 10.5% | ||
| ROIC | 8.02% | ||
| ROICexc | 11% | ||
| ROICexgc | 13.76% | ||
| OM | 8.85% | ||
| PM (TTM) | 5.64% | ||
| GM | 64.08% | ||
| FCFM | 6.36% |
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-Score7
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 6.85 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 193.27% | ||
| Cap/Sales | 9.7% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 115.79% | ||
| Profit Quality | 112.66% | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | N/A |
F-Score7
WACC8.31%
ROIC/WACC0.97
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)16.09%
EPS 3YN/A
EPS 5Y-2.65%
EPS Q2Q%-16.52%
EPS Next Y3.2%
EPS Next 2Y11.43%
EPS Next 3Y11.45%
EPS Next 5Y-4.37%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%2.57%
Revenue Next Year4.32%
Revenue Next 2Y5.94%
Revenue Next 3Y5.98%
Revenue Next 5Y1.99%
EBIT growth 1Y10.29%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year55.18%
EBIT Next 3Y23.65%
EBIT Next 5YN/A
FCF growth 1Y177.98%
FCF growth 3YN/A
FCF growth 5Y9.97%
OCF growth 1Y4.35%
OCF growth 3Y65.94%
OCF growth 5Y6.45%
UNITED AIRLINES HOLDINGS INC / UAL FAQ
Can you provide the ChartMill fundamental rating for UNITED AIRLINES HOLDINGS INC?
ChartMill assigns a fundamental rating of 4 / 10 to UAL.
Can you provide the valuation status for UNITED AIRLINES HOLDINGS INC?
ChartMill assigns a valuation rating of 8 / 10 to UNITED AIRLINES HOLDINGS INC (UAL). This can be considered as Undervalued.
What is the profitability of UAL stock?
UNITED AIRLINES HOLDINGS INC (UAL) has a profitability rating of 6 / 10.
What is the expected EPS growth for UNITED AIRLINES HOLDINGS INC (UAL) stock?
The Earnings per Share (EPS) of UNITED AIRLINES HOLDINGS INC (UAL) is expected to grow by 3.2% in the next year.