107.7 USD
+0.86 (+0.8%)
107.51 USD
-0.19 (-0.18%)
Overall UAL gets a fundamental rating of 4 out of 10. We evaluated UAL against 21 industry peers in the Passenger Airlines industry. There are concerns on the financial health of UAL while its profitability can be described as average. UAL is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
UAL had positive earnings in the past year.
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 has a better Return On Assets (4.32%) than 76.19% of its industry peers.
With an excellent Return On Equity value of 23.02%, UAL belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.02%, UAL is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
UAL had an Average Return On Invested Capital over the past 3 years of 6.63%. This is in line with the industry average of 8.38%.
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
Looking at the Profit Margin, with a value of 5.64%, UAL is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
UAL's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 8.85%, UAL is doing good in the industry, outperforming 71.43% of the companies in the same industry.
UAL's Operating Margin has declined in the last couple of years.
UAL has a Gross Margin of 64.08%. This is in the better half of the industry: UAL outperforms 71.43% 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
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.
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.
Looking at the Debt to FCF ratio, with a value of 6.85, UAL is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
UAL has a Debt/Equity ratio of 1.45. This is a high value indicating a heavy dependency on external 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/WACC0.91
WACC8.83%
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.
UAL's Current ratio of 0.67 is fine compared to the rest of the industry. UAL outperforms 66.67% of its industry peers.
A Quick Ratio of 0.61 indicates that UAL may have some problems paying its short term obligations.
UAL has a better Quick ratio (0.61) than 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
UAL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.09%, which is quite good.
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.
Based on estimates for the next years, UAL will show a small growth in Revenue. The Revenue will grow by 1.99% on average per year.
EPS Next Y2.71%
EPS Next 2Y11.29%
EPS Next 3Y11.47%
EPS Next 5Y-4.37%
Revenue Next Year4.29%
Revenue Next 2Y5.96%
Revenue Next 3Y6.02%
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.
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
UAL is valuated reasonably with a Price/Earnings ratio of 9.95.
Based on the Price/Earnings ratio, UAL is valued cheaply inside the industry as 90.48% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of UAL to the average of the S&P500 Index (26.55), we can say UAL is valued rather cheaply.
UAL is valuated reasonably with a Price/Forward Earnings ratio of 8.22.
Based on the Price/Forward Earnings ratio, UAL is valued cheaper than 95.24% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, UAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.95 | ||
| Fwd PE | 8.22 |
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 cheaper than 90.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.4 | ||
| EV/EBITDA | 4.99 |
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)3.67
PEG (5Y)N/A
EPS Next 2Y11.29%
EPS Next 3Y11.47%
5. Dividend
5.1 Amount
UAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
107.7
+0.86 (+0.8%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners90.93%
Inst Owner Change2.92%
Ins Owners0.56%
Ins Owner Change-0.82%
Market Cap34.87B
Revenue(TTM)58.37B
Net Income(TTM)3.29B
Analysts81.48
Price Target125.01 (16.07%)
Short Float %3.9%
Short Ratio2.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0.36%
PT rev (3m)12.49%
EPS NQ rev (1m)-5.89%
EPS NQ rev (3m)7.95%
EPS NY rev (1m)-0.48%
EPS NY rev (3m)4.99%
Revenue NQ rev (1m)-0.43%
Revenue NQ rev (3m)1.79%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.95 | ||
| Fwd PE | 8.22 | ||
| P/S | 0.6 | ||
| P/FCF | 9.4 | ||
| P/OCF | 3.72 | ||
| P/B | 2.44 | ||
| P/tB | 4.9 | ||
| EV/EBITDA | 4.99 |
EPS(TTM)10.82
EY10.05%
EPS(NY)13.1
Fwd EY12.17%
FCF(TTM)11.46
FCFY10.64%
OCF(TTM)28.94
OCFY26.87%
SpS180.3
BVpS44.2
TBVpS21.99
PEG (NY)3.67
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
WACC8.83%
ROIC/WACC0.91
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 Y2.71%
EPS Next 2Y11.29%
EPS Next 3Y11.47%
EPS Next 5Y-4.37%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%2.57%
Revenue Next Year4.29%
Revenue Next 2Y5.96%
Revenue Next 3Y6.02%
Revenue Next 5Y1.99%
EBIT growth 1Y10.29%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year60.41%
EBIT Next 3Y24.45%
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 7 / 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 2.71% in the next year.