UNITED AIRLINES HOLDINGS INC (UAL1.DE) Stock Fundamental Analysis
FRA:UAL1 - Deutsche Boerse Ag - US9100471096 - Common Stock - Currency: EUR
Overall UAL1 gets a fundamental rating of 3 out of 10. We evaluated UAL1 against 14 industry peers in the Passenger Airlines industry. While UAL1 is still in line with the averages on profitability rating, there are concerns on its financial health. UAL1 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year UAL1 was profitable.
In the past year UAL1 had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: UAL1 reported negative net income in multiple years.
UAL1 had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
UAL1's Return On Assets of 4.29% is in line compared to the rest of the industry. UAL1 outperforms 57.14% of its industry peers.
The Return On Equity of UAL1 (24.75%) is better than 71.43% of its industry peers.
UAL1 has a better Return On Invested Capital (8.57%) than 64.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UAL1 is below the industry average of 8.79%.
The 3 year average ROIC (6.63%) for UAL1 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
With a decent Profit Margin value of 5.71%, UAL1 is doing good in the industry, outperforming 64.29% of the companies in the same industry.
UAL1's Profit Margin has declined in the last couple of years.
UAL1 has a better Operating Margin (9.32%) than 64.29% of its industry peers.
UAL1's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 64.15%, UAL1 is doing good in the industry, outperforming 64.29% of the companies in the same industry.
In the last couple of years the Gross Margin of UAL1 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UAL1 is destroying value.
Compared to 1 year ago, UAL1 has about the same amount of shares outstanding.
UAL1 has more shares outstanding than it did 5 years ago.
UAL1 has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of UAL1 is 6.70, which is on the high side as it means it would take UAL1, 6.70 years of fcf income to pay off all of its debts.
UAL1 has a Debt to FCF ratio of 6.70. This is comparable to the rest of the industry: UAL1 outperforms 50.00% of its industry peers.
A Debt/Equity ratio of 1.56 is on the high side and indicates that UAL1 has dependencies on debt financing.
UAL1 has a Debt to Equity ratio of 1.56. This is comparable to the rest of the industry: UAL1 outperforms 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 6.7 | ||
| Altman-Z | N/A |
ROIC/WACC0.95
WACC9.06%
2.3 Liquidity
UAL1 has a Current Ratio of 0.70. This is a bad value and indicates that UAL1 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, UAL1 is doing worse than 71.43% of the companies in the same industry.
UAL1 has a Quick Ratio of 0.70. This is a bad value and indicates that UAL1 is not financially healthy enough and could expect problems in meeting its short term obligations.
UAL1's Quick ratio of 0.65 is on the low side compared to the rest of the industry. UAL1 is outperformed by 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
UAL1 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.95%, which is quite good.
UAL1 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 4.23% in the past year.
Measured over the past years, UAL1 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
UAL1 is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.61% yearly.
The Revenue is expected to grow by 2.87% on average over the next years.
EPS Next Y-4.26%
EPS Next 2Y7.77%
EPS Next 3Y10.04%
EPS Next 5Y-0.61%
Revenue Next Year3.86%
Revenue Next 2Y5.75%
Revenue Next 3Y5.93%
Revenue Next 5Y2.87%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 8.05, which indicates a very decent valuation of UAL1.
UAL1's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of UAL1 to the average of the S&P500 Index (27.50), we can say UAL1 is valued rather cheaply.
UAL1 is valuated cheaply with a Price/Forward Earnings ratio of 7.45.
64.29% of the companies in the same industry are cheaper than UAL1, based on the Price/Forward Earnings ratio.
UAL1's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 7.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UAL1 is valued a bit more expensive than 64.29% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of UAL1 is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.39 | ||
| EV/EBITDA | 4.21 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.77%
EPS Next 3Y10.04%
5. Dividend
5.1 Amount
UAL1 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:UAL1 (7/18/2025, 7:00:00 PM)
78.55
-0.1 (-0.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners88.93%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap25.65B
Analysts82.96
Price Target87.39 (11.25%)
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)0.49%
Max EPS beat(2)19.01%
EPS beat(4)4
Avg EPS beat(4)7.8%
Min EPS beat(4)0.49%
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)5.24%
PT rev (3m)-25.22%
EPS NQ rev (1m)-7.97%
EPS NQ rev (3m)-34.12%
EPS NY rev (1m)-1.51%
EPS NY rev (3m)-3.25%
Revenue NQ rev (1m)0.79%
Revenue NQ rev (3m)-5.46%
Revenue NY rev (1m)0.3%
Revenue NY rev (3m)-1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 7.45 | ||
| P/S | 0.52 | ||
| P/FCF | 7.39 | ||
| P/OCF | 3.1 | ||
| P/B | 2.23 | ||
| P/tB | 4.84 | ||
| EV/EBITDA | 4.21 |
EPS(TTM)9.76
EY12.43%
EPS(NY)10.55
Fwd EY13.43%
FCF(TTM)10.63
FCFY13.53%
OCF(TTM)25.36
OCFY32.28%
SpS152.4
BVpS35.15
TBVpS16.23
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
WACC9.06%
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-4.26%
EPS Next 2Y7.77%
EPS Next 3Y10.04%
EPS Next 5Y-0.61%
Revenue 1Y (TTM)4.23%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%1.67%
Revenue Next Year3.86%
Revenue Next 2Y5.75%
Revenue Next 3Y5.93%
Revenue Next 5Y2.87%
EBIT growth 1Y10.47%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year55.24%
EBIT Next 3Y24.13%
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%