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 4 out of 10. We evaluated UAL1 against 11 industry peers in the Passenger Airlines industry. UAL1 has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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
UAL1 had positive earnings in the past year.
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.
Of the past 5 years UAL1 4 years had a positive operating cash flow.
1.2 Ratios
UAL1 has a better Return On Assets (4.81%) than 72.73% of its industry peers.
UAL1's Return On Equity of 29.01% is amongst the best of the industry. UAL1 outperforms 90.91% of its industry peers.
UAL1 has a Return On Invested Capital of 8.50%. This is in the better half of the industry: UAL1 outperforms 72.73% of its industry peers.
The Average Return On Invested Capital over the past 3 years for UAL1 is in line with the industry average of 8.32%.
The last Return On Invested Capital (8.50%) for UAL1 is above the 3 year average (6.63%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.81% | ||
| ROE | 29.01% | ||
| ROIC | 8.5% |
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 6.34%, UAL1 is doing good in the industry, outperforming 72.73% of the companies in the same industry.
In the last couple of years the Profit Margin of UAL1 has declined.
With a decent Operating Margin value of 9.69%, UAL1 is doing good in the industry, outperforming 72.73% of the companies in the same industry.
In the last couple of years the Operating Margin of UAL1 has declined.
Looking at the Gross Margin, with a value of 63.95%, UAL1 belongs to the top of the industry, outperforming 81.82% 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 | 9.69% | ||
| PM (TTM) | 6.34% | ||
| GM | 63.95% |
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), UAL1 is destroying value.
UAL1 has about the same amout of shares outstanding than it did 1 year ago.
UAL1 has more shares outstanding than it did 5 years ago.
The debt/assets ratio for UAL1 has been reduced compared to a year ago.
2.2 Solvency
UAL1 has a debt to FCF ratio of 5.73. This is a neutral value as UAL1 would need 5.73 years to pay back of all of its debts.
The Debt to FCF ratio of UAL1 (5.73) is comparable to the rest of the industry.
UAL1 has a Debt/Equity ratio of 1.93. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.93, UAL1 is in line with its industry, outperforming 45.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.93 | ||
| Debt/FCF | 5.73 | ||
| Altman-Z | N/A |
ROIC/WACC0.98
WACC8.64%
2.3 Liquidity
A Current Ratio of 0.78 indicates that UAL1 may have some problems paying its short term obligations.
With a Current ratio value of 0.78, UAL1 perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
A Quick Ratio of 0.72 indicates that UAL1 may have some problems paying its short term obligations.
UAL1's Quick ratio of 0.72 is on the low side compared to the rest of the industry. UAL1 is outperformed by 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.54% over the past year.
UAL1 shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.65% yearly.
Looking at the last year, UAL1 shows a small growth in Revenue. The Revenue has grown by 5.31% in the last year.
UAL1 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.70% yearly.
EPS 1Y (TTM)10.54%
EPS 3YN/A
EPS 5Y-2.65%
EPS Q2Q%706.67%
Revenue 1Y (TTM)5.31%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%5.38%
3.2 Future
Based on estimates for the next years, UAL1 will show a decrease in Earnings Per Share. The EPS will decrease by -0.61% on average per year.
Based on estimates for the next years, UAL1 will show a small growth in Revenue. The Revenue will grow by 2.87% on average per year.
EPS Next Y-2.42%
EPS Next 2Y8.41%
EPS Next 3Y10.17%
EPS Next 5Y-0.61%
Revenue Next Year3.49%
Revenue Next 2Y5.42%
Revenue Next 3Y5.68%
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 6.43, which indicates a rather cheap valuation of UAL1.
Based on the Price/Earnings ratio, UAL1 is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of UAL1 to the average of the S&P500 Index (26.35), we can say UAL1 is valued rather cheaply.
The Price/Forward Earnings ratio is 6.02, which indicates a rather cheap valuation of UAL1.
The rest of the industry has a similar Price/Forward Earnings ratio as UAL1.
UAL1's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.43 | ||
| Fwd PE | 6.02 |
4.2 Price Multiples
UAL1's Enterprise Value to EBITDA is on the same level as the industry average.
72.73% of the companies in the same industry are more expensive than UAL1, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.07 | ||
| EV/EBITDA | 3.62 |
4.3 Compensation for Growth
UAL1 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.41%
EPS Next 3Y10.17%
5. Dividend
5.1 Amount
UAL1 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:UAL1 (6/18/2025, 7:00:00 PM)
65.22
-0.22 (-0.34%)
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 Cap21.30B
Analysts82.96
Price Target83.04 (27.32%)
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)13.3%
Min EPS beat(2)7.59%
Max EPS beat(2)19.01%
EPS beat(4)4
Avg EPS beat(4)8.72%
Min EPS beat(4)4.11%
Max EPS beat(4)19.01%
EPS beat(8)8
Avg EPS beat(8)19.73%
EPS beat(12)11
Avg EPS beat(12)15.3%
EPS beat(16)15
Avg EPS beat(16)15.6%
Revenue beat(2)1
Avg Revenue beat(2)-0.39%
Min Revenue beat(2)-1.32%
Max Revenue beat(2)0.55%
Revenue beat(4)1
Avg Revenue beat(4)-0.71%
Min Revenue beat(4)-1.47%
Max Revenue beat(4)0.55%
Revenue beat(8)2
Avg Revenue beat(8)-0.41%
Revenue beat(12)4
Avg Revenue beat(12)-0.43%
Revenue beat(16)7
Avg Revenue beat(16)-0.28%
PT rev (1m)0.9%
PT rev (3m)-37.44%
EPS NQ rev (1m)0.86%
EPS NQ rev (3m)-25.26%
EPS NY rev (1m)0%
EPS NY rev (3m)-23.26%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)-5.8%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)-4.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.43 | ||
| Fwd PE | 6.02 | ||
| P/S | 0.42 | ||
| P/FCF | 5.07 | ||
| P/OCF | 2.37 | ||
| P/B | 1.94 | ||
| P/tB | 4.52 | ||
| EV/EBITDA | 3.62 |
EPS(TTM)10.14
EY15.55%
EPS(NY)10.83
Fwd EY16.61%
FCF(TTM)12.87
FCFY19.74%
OCF(TTM)27.5
OCFY42.16%
SpS154.02
BVpS33.65
TBVpS14.44
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.81% | ||
| ROE | 29.01% | ||
| ROCE | 11.12% | ||
| ROIC | 8.5% | ||
| ROICexc | 12.22% | ||
| ROICexgc | 15.39% | ||
| OM | 9.69% | ||
| PM (TTM) | 6.34% | ||
| GM | 63.95% | ||
| FCFM | 8.36% |
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
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-Score7
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.93 | ||
| Debt/FCF | 5.73 | ||
| Debt/EBITDA | 2.86 | ||
| Cap/Depr | 187.23% | ||
| Cap/Sales | 9.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 120.94% | ||
| Profit Quality | 131.86% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | N/A |
F-Score7
WACC8.64%
ROIC/WACC0.98
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)10.54%
EPS 3YN/A
EPS 5Y-2.65%
EPS Q2Q%706.67%
EPS Next Y-2.42%
EPS Next 2Y8.41%
EPS Next 3Y10.17%
EPS Next 5Y-0.61%
Revenue 1Y (TTM)5.31%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%5.38%
Revenue Next Year3.49%
Revenue Next 2Y5.42%
Revenue Next 3Y5.68%
Revenue Next 5Y2.87%
EBIT growth 1Y5.55%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year55.24%
EBIT Next 3Y24.13%
EBIT Next 5YN/A
FCF growth 1Y227.85%
FCF growth 3YN/A
FCF growth 5Y9.97%
OCF growth 1Y33.32%
OCF growth 3Y65.94%
OCF growth 5Y6.45%