104.95 USD
+0.22 (+0.21%)
104.71 USD
-0.24 (-0.23%)
UAL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 22 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 is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year UAL was profitable.
In the past year UAL had a positive cash flow from operations.
In multiple years UAL reported negative net income over the last 5 years.
UAL had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
UAL's Return On Assets of 4.32% is fine compared to the rest of the industry. UAL outperforms 77.27% of its industry peers.
UAL has a better Return On Equity (23.02%) than 81.82% of its industry peers.
With a decent Return On Invested Capital value of 8.02%, UAL is doing good in the industry, outperforming 72.73% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for UAL is significantly below the industry average of 13.76%.
The 3 year average ROIC (6.63%) for UAL is below the current ROIC(8.02%), indicating increased profibility in the last year.
| 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 77.27% of its industry peers.
UAL's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 8.85%, UAL is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
UAL's Operating Margin has declined in the last couple of years.
The Gross Margin of UAL (64.08%) is better than 72.73% of its industry peers.
In the last couple of years the Gross Margin of UAL has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UAL is destroying value.
UAL has about the same amout of shares outstanding than it did 1 year ago.
UAL has more shares outstanding than it did 5 years ago.
The debt/assets ratio for UAL has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of UAL is 6.85, which is on the high side as it means it would take UAL, 6.85 years of fcf income to pay off all of its debts.
UAL has a better Debt to FCF ratio (6.85) than 77.27% 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.
The Debt to Equity ratio of UAL (1.45) 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/WACC0.94
WACC8.56%
2.3 Liquidity
A Current Ratio of 0.67 indicates that UAL may have some problems paying its short term obligations.
The Current ratio of UAL (0.67) is better than 63.64% of its industry peers.
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.
Looking at the Quick ratio, with a value of 0.61, UAL is in line with its industry, outperforming 59.09% of the companies in the same 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.
UAL shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.65% yearly.
The Revenue has been growing slightly by 4.24% in the past year.
Measured over the past years, UAL shows a small growth in Revenue. The Revenue has been growing by 5.70% on average per year.
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.
The Revenue is expected to grow by 1.99% on average over the next years.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.70, which indicates a very decent valuation of UAL.
95.45% of the companies in the same industry are more expensive than UAL, based on the Price/Earnings ratio.
UAL is valuated cheaply when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 7.99, which indicates a rather cheap valuation of UAL.
UAL's Price/Forward Earnings ratio is rather cheap when compared to the industry. UAL is cheaper than 86.36% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, UAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 7.99 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UAL indicates a rather cheap valuation: UAL is cheaper than 81.82% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, UAL is valued cheaply inside the industry as 86.36% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.16 | ||
| EV/EBITDA | 4.87 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates UAL does not grow enough to justify the current Price/Earnings ratio.
UAL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.03
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 |
104.95
+0.22 (+0.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners90.93%
Inst Owner Change2.9%
Ins Owners0.56%
Ins Owner Change-0.09%
Market Cap33.98B
Revenue(TTM)58.37B
Net Income(TTM)3.29B
Analysts81.48
Price Target125.01 (19.11%)
Short Float %3.9%
Short Ratio2.01
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)12.03%
PT rev (3m)14.21%
EPS NQ rev (1m)0.41%
EPS NQ rev (3m)14.91%
EPS NY rev (1m)0.1%
EPS NY rev (3m)5.49%
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)2.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 7.99 | ||
| P/S | 0.58 | ||
| P/FCF | 9.16 | ||
| P/OCF | 3.63 | ||
| P/B | 2.37 | ||
| P/tB | 4.77 | ||
| EV/EBITDA | 4.87 |
EPS(TTM)10.82
EY10.31%
EPS(NY)13.14
Fwd EY12.52%
FCF(TTM)11.46
FCFY10.92%
OCF(TTM)28.94
OCFY27.58%
SpS180.3
BVpS44.2
TBVpS21.99
PEG (NY)3.03
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
WACC8.56%
ROIC/WACC0.94
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.