U-HAUL HOLDING CO (UHAL) Stock Fundamental Analysis
NYSE:UHAL - New York Stock Exchange, Inc. - US0235861004 - Common Stock - Currency: USD
UHAL gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 40 industry peers in the Ground Transportation industry. There are concerns on the financial health of UHAL while its profitability can be described as average. UHAL is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
UHAL had positive earnings in the past year.
UHAL had a positive operating cash flow in the past year.
In the past 5 years UHAL has always been profitable.
Each year in the past 5 years UHAL had a positive operating cash flow.
1.2 Ratios
UHAL's Return On Assets of 1.79% is in line compared to the rest of the industry. UHAL outperforms 45.00% of its industry peers.
UHAL has a Return On Equity of 4.90%. This is comparable to the rest of the industry: UHAL outperforms 47.50% of its industry peers.
UHAL has a Return On Invested Capital (2.96%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UHAL is below the industry average of 8.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.79% | ||
| ROE | 4.9% | ||
| ROIC | 2.96% |
ROA(3y)3.39%
ROA(5y)4.17%
ROE(3y)9.27%
ROE(5y)11.9%
ROIC(3y)4.65%
ROIC(5y)5.52%
1.3 Margins
The Profit Margin of UHAL (6.30%) is better than 72.50% of its industry peers.
UHAL's Profit Margin has declined in the last couple of years.
UHAL has a Operating Margin of 12.56%. This is in the better half of the industry: UHAL outperforms 77.50% of its industry peers.
UHAL's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 36.65%, UHAL perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
In the last couple of years the Gross Margin of UHAL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.56% | ||
| PM (TTM) | 6.3% | ||
| GM | 36.65% |
OM growth 3Y-23.98%
OM growth 5Y-1.52%
PM growth 3Y-31.47%
PM growth 5Y-10.73%
GM growth 3Y-7.02%
GM growth 5Y-0.86%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UHAL is destroying value.
Compared to 1 year ago, UHAL has about the same amount of shares outstanding.
Compared to 5 years ago, UHAL has more shares outstanding
The debt/assets ratio for UHAL is higher compared to a year ago.
2.2 Solvency
UHAL has an Altman-Z score of 1.50. This is a bad value and indicates that UHAL is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of UHAL (1.50) is worse than 67.50% of its industry peers.
UHAL has a Debt/Equity ratio of 0.96. This is a neutral value indicating UHAL is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.96, UHAL is not doing good in the industry: 67.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.5 |
ROIC/WACC0.33
WACC8.95%
2.3 Liquidity
UHAL has a Current Ratio of 0.80. This is a bad value and indicates that UHAL is not financially healthy enough and could expect problems in meeting its short term obligations.
UHAL has a worse Current ratio (0.80) than 75.00% of its industry peers.
UHAL has a Quick Ratio of 0.80. This is a bad value and indicates that UHAL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.71, UHAL is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
The earnings per share for UHAL have decreased strongly by -78.59% in the last year.
The earnings per share for UHAL have been decreasing by -40.34% on average. This is quite bad
The Revenue has been growing slightly by 3.61% in the past year.
Measured over the past years, UHAL shows a small growth in Revenue. The Revenue has been growing by 7.93% on average per year.
EPS 1Y (TTM)-78.59%
EPS 3Y-69.04%
EPS 5Y-40.34%
EPS Q2Q%-820%
Revenue 1Y (TTM)3.61%
Revenue growth 3Y0.51%
Revenue growth 5Y7.93%
Sales Q2Q%4.61%
3.2 Future
UHAL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 36.73% yearly.
Based on estimates for the next years, UHAL will show a small growth in Revenue. The Revenue will grow by 3.49% on average per year.
EPS Next Y37.25%
EPS Next 2Y29.5%
EPS Next 3Y36.73%
EPS Next 5YN/A
Revenue Next Year5.47%
Revenue Next 2Y5.2%
Revenue Next 3Y3.49%
Revenue Next 5YN/A
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 37.19, which means the current valuation is very expensive for UHAL.
UHAL's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.35. UHAL is valued slightly more expensive when compared to this.
UHAL is valuated quite expensively with a Price/Forward Earnings ratio of 27.10.
The rest of the industry has a similar Price/Forward Earnings ratio as UHAL.
UHAL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 37.54.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.19 | ||
| Fwd PE | 27.1 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as UHAL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.92 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
UHAL's earnings are expected to grow with 36.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)1
PEG (5Y)N/A
EPS Next 2Y29.5%
EPS Next 3Y36.73%
5. Dividend
5.1 Amount
UHAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
63.22
-0.16 (-0.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners37.88%
Inst Owner Change11.28%
Ins Owners6.66%
Ins Owner Change0%
Market Cap12.40B
Analysts45.71
Price Target92.32 (46.03%)
Short Float %10.34%
Short Ratio6.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.18
Dividend Growth(5Y)-34.3%
DP9.61%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-102%
Min EPS beat(2)-165.28%
Max EPS beat(2)-38.73%
EPS beat(4)0
Avg EPS beat(4)-65.48%
Min EPS beat(4)-165.28%
Max EPS beat(4)-25.49%
EPS beat(8)1
Avg EPS beat(8)6.23%
EPS beat(12)3
Avg EPS beat(12)74.36%
EPS beat(16)5
Avg EPS beat(16)61.94%
Revenue beat(2)2
Avg Revenue beat(2)4.95%
Min Revenue beat(2)0.55%
Max Revenue beat(2)9.35%
Revenue beat(4)2
Avg Revenue beat(4)1.17%
Min Revenue beat(4)-3.6%
Max Revenue beat(4)9.35%
Revenue beat(8)2
Avg Revenue beat(8)-0.63%
Revenue beat(12)3
Avg Revenue beat(12)-2.06%
Revenue beat(16)6
Avg Revenue beat(16)-0.35%
PT rev (1m)16.34%
PT rev (3m)18.94%
EPS NQ rev (1m)-10.57%
EPS NQ rev (3m)-27.82%
EPS NY rev (1m)0%
EPS NY rev (3m)-37.5%
Revenue NQ rev (1m)-1.02%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.19 | ||
| Fwd PE | 27.1 | ||
| P/S | 2.13 | ||
| P/FCF | N/A | ||
| P/OCF | 8.52 | ||
| P/B | 1.65 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 10.92 |
EPS(TTM)1.7
EY2.69%
EPS(NY)2.33
Fwd EY3.69%
FCF(TTM)-10.19
FCFYN/A
OCF(TTM)7.42
OCFY11.73%
SpS29.73
BVpS38.24
TBVpS38.24
PEG (NY)1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.79% | ||
| ROE | 4.9% | ||
| ROCE | 3.9% | ||
| ROIC | 2.96% | ||
| ROICexc | 3.13% | ||
| ROICexgc | 3.16% | ||
| OM | 12.56% | ||
| PM (TTM) | 6.3% | ||
| GM | 36.65% | ||
| FCFM | N/A |
ROA(3y)3.39%
ROA(5y)4.17%
ROE(3y)9.27%
ROE(5y)11.9%
ROIC(3y)4.65%
ROIC(5y)5.52%
ROICexc(3y)5.17%
ROICexc(5y)6.28%
ROICexgc(3y)5.21%
ROICexgc(5y)6.33%
ROCE(3y)6.13%
ROCE(5y)7.28%
ROICexcg growth 3Y-31.35%
ROICexcg growth 5Y-2.92%
ROICexc growth 3Y-31.38%
ROICexc growth 5Y-2.92%
OM growth 3Y-23.98%
OM growth 5Y-1.52%
PM growth 3Y-31.47%
PM growth 5Y-10.73%
GM growth 3Y-7.02%
GM growth 5Y-0.86%
F-Score3
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.22 | ||
| Cap/Depr | 355.22% | ||
| Cap/Sales | 59.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.36% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 1.5 |
F-Score3
WACC8.95%
ROIC/WACC0.33
Cap/Depr(3y)364.1%
Cap/Depr(5y)323.19%
Cap/Sales(3y)52.96%
Cap/Sales(5y)45.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-78.59%
EPS 3Y-69.04%
EPS 5Y-40.34%
EPS Q2Q%-820%
EPS Next Y37.25%
EPS Next 2Y29.5%
EPS Next 3Y36.73%
EPS Next 5YN/A
Revenue 1Y (TTM)3.61%
Revenue growth 3Y0.51%
Revenue growth 5Y7.93%
Sales Q2Q%4.61%
Revenue Next Year5.47%
Revenue Next 2Y5.2%
Revenue Next 3Y3.49%
Revenue Next 5YN/A
EBIT growth 1Y-25.75%
EBIT growth 3Y-23.59%
EBIT growth 5Y6.3%
EBIT Next Year161.11%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-29.73%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y0.12%
OCF growth 3Y-9.25%
OCF growth 5Y6.22%