UNIFIRST CORP/MA (UNF) Stock Fundamental Analysis
USA - NYSE:UNF - US9047081040 - Common Stock
171.57 USD
-4.65 (-2.64%)
171.57 USD
0 (0%)
Overall UNF gets a fundamental rating of 6 out of 10. We evaluated UNF against 84 industry peers in the Commercial Services & Supplies industry. While UNF has a great health rating, its profitability is only average at the moment. UNF has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
UNF had positive earnings in the past year.
In the past year UNF had a positive cash flow from operations.
Each year in the past 5 years UNF has been profitable.
UNF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.50%, UNF is doing good in the industry, outperforming 71.43% of the companies in the same industry.
With a decent Return On Equity value of 6.98%, UNF is doing good in the industry, outperforming 60.71% of the companies in the same industry.
UNF has a Return On Invested Capital (5.96%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for UNF is below the industry average of 10.60%.
The last Return On Invested Capital (5.96%) for UNF is above the 3 year average (5.81%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 6.98% | ||
| ROIC | 5.96% |
ROA(3y)4.56%
ROA(5y)5.24%
ROE(3y)5.82%
ROE(5y)6.67%
ROIC(3y)5.81%
ROIC(5y)6.2%
1.3 Margins
UNF's Profit Margin of 6.18% is fine compared to the rest of the industry. UNF outperforms 72.62% of its industry peers.
UNF's Profit Margin has declined in the last couple of years.
UNF has a Operating Margin of 7.98%. This is in the better half of the industry: UNF outperforms 61.90% of its industry peers.
In the last couple of years the Operating Margin of UNF has declined.
With a decent Gross Margin value of 36.16%, UNF is doing good in the industry, outperforming 60.71% of the companies in the same industry.
In the last couple of years the Gross Margin of UNF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.98% | ||
| PM (TTM) | 6.18% | ||
| GM | 36.16% |
OM growth 3Y-9.12%
OM growth 5Y-10.46%
PM growth 3Y-10.2%
PM growth 5Y-9.55%
GM growth 3Y-2.36%
GM growth 5Y-1.17%
2. Health
2.1 Basic Checks
UNF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
UNF has less shares outstanding than it did 1 year ago.
The number of shares outstanding for UNF has been reduced compared to 5 years ago.
There is no outstanding debt for UNF. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 5.83 indicates that UNF is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.83, UNF belongs to the top of the industry, outperforming 84.52% of the companies in the same industry.
There is no outstanding debt for UNF. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.83 |
ROIC/WACC0.69
WACC8.7%
2.3 Liquidity
A Current Ratio of 3.51 indicates that UNF has no problem at all paying its short term obligations.
UNF has a Current ratio of 3.51. This is amongst the best in the industry. UNF outperforms 86.90% of its industry peers.
A Quick Ratio of 2.96 indicates that UNF has no problem at all paying its short term obligations.
The Quick ratio of UNF (2.96) is better than 89.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.51 | ||
| Quick Ratio | 2.96 |
3. Growth
3.1 Past
UNF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.73%, which is quite good.
Measured over the past years, UNF shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.19% on average per year.
UNF shows a small growth in Revenue. In the last year, the Revenue has grown by 4.17%.
The Revenue has been growing slightly by 6.05% on average over the past years.
EPS 1Y (TTM)11.73%
EPS 3Y1.61%
EPS 5Y-0.19%
EPS Q2Q%-2.23%
Revenue 1Y (TTM)4.17%
Revenue growth 3Y9.95%
Revenue growth 5Y6.05%
Sales Q2Q%1.23%
3.2 Future
Based on estimates for the next years, UNF will show a small growth in Earnings Per Share. The EPS will grow by 4.44% on average per year.
UNF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.82% yearly.
EPS Next Y-1.99%
EPS Next 2Y2.75%
EPS Next 3Y4.44%
EPS Next 5YN/A
Revenue Next Year0.12%
Revenue Next 2Y1.84%
Revenue Next 3Y2.82%
Revenue Next 5YN/A
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 accelerating.
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
Based on the Price/Earnings ratio of 20.23, the valuation of UNF can be described as rather expensive.
70.24% of the companies in the same industry are more expensive than UNF, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of UNF to the average of the S&P500 Index (27.30), we can say UNF is valued slightly cheaper.
A Price/Forward Earnings ratio of 19.51 indicates a rather expensive valuation of UNF.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UNF indicates a somewhat cheap valuation: UNF is cheaper than 66.67% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.73. UNF is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.23 | ||
| Fwd PE | 19.51 |
4.2 Price Multiples
UNF's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. UNF is cheaper than 73.81% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of UNF indicates a somewhat cheap valuation: UNF is cheaper than 72.62% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.14 | ||
| EV/EBITDA | 9.02 |
4.3 Compensation for Growth
The decent profitability rating of UNF may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.75%
EPS Next 3Y4.44%
5. Dividend
5.1 Amount
UNF has a yearly dividend return of 0.79%, which is pretty low.
UNF's Dividend Yield is a higher than the industry average which is at 2.27.
With a Dividend Yield of 0.79, UNF pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
5.2 History
The dividend of UNF is nicely growing with an annual growth rate of 23.51%!
UNF has paid a dividend for at least 10 years, which is a reliable track record.
UNF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)23.51%
Div Incr Years7
Div Non Decr Years34
5.3 Sustainability
16.01% of the earnings are spent on dividend by UNF. This is a low number and sustainable payout ratio.
The dividend of UNF is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP16.01%
EPS Next 2Y2.75%
EPS Next 3Y4.44%
171.57
-4.65 (-2.64%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners97.57%
Inst Owner Change-1.95%
Ins Owners0.73%
Ins Owner Change0%
Market Cap3.18B
Analysts47.69
Price Target182.92 (6.62%)
Short Float %1.31%
Short Ratio1.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
Yearly Dividend1.25
Dividend Growth(5Y)23.51%
DP16.01%
Div Incr Years7
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.77%
Min EPS beat(2)3.72%
Max EPS beat(2)3.83%
EPS beat(4)4
Avg EPS beat(4)8.89%
Min EPS beat(4)3.72%
Max EPS beat(4)20.97%
EPS beat(8)7
Avg EPS beat(8)6.74%
EPS beat(12)9
Avg EPS beat(12)5.03%
EPS beat(16)10
Avg EPS beat(16)1.72%
Revenue beat(2)0
Avg Revenue beat(2)-1.34%
Min Revenue beat(2)-1.59%
Max Revenue beat(2)-1.09%
Revenue beat(4)0
Avg Revenue beat(4)-1.07%
Min Revenue beat(4)-1.59%
Max Revenue beat(4)-0.32%
Revenue beat(8)0
Avg Revenue beat(8)-0.77%
Revenue beat(12)3
Avg Revenue beat(12)-0.19%
Revenue beat(16)7
Avg Revenue beat(16)0.1%
PT rev (1m)0%
PT rev (3m)0.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.55%
EPS NY rev (1m)0.34%
EPS NY rev (3m)2.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.23 | ||
| Fwd PE | 19.51 | ||
| P/S | 1.29 | ||
| P/FCF | 21.14 | ||
| P/OCF | 10.65 | ||
| P/B | 1.46 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 9.02 |
EPS(TTM)8.48
EY4.94%
EPS(NY)8.79
Fwd EY5.13%
FCF(TTM)8.11
FCFY4.73%
OCF(TTM)16.11
OCFY9.39%
SpS132.57
BVpS117.3
TBVpS76.28
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 6.98% | ||
| ROCE | 7.87% | ||
| ROIC | 5.96% | ||
| ROICexc | 6.51% | ||
| ROICexgc | 9.77% | ||
| OM | 7.98% | ||
| PM (TTM) | 6.18% | ||
| GM | 36.16% | ||
| FCFM | 6.12% |
ROA(3y)4.56%
ROA(5y)5.24%
ROE(3y)5.82%
ROE(5y)6.67%
ROIC(3y)5.81%
ROIC(5y)6.2%
ROICexc(3y)6.45%
ROICexc(5y)7.44%
ROICexgc(3y)9.67%
ROICexgc(5y)11.11%
ROCE(3y)7.67%
ROCE(5y)8.18%
ROICexcg growth 3Y-9.32%
ROICexcg growth 5Y-12.13%
ROICexc growth 3Y-10.43%
ROICexc growth 5Y-12.69%
OM growth 3Y-9.12%
OM growth 5Y-10.46%
PM growth 3Y-10.2%
PM growth 5Y-9.55%
GM growth 3Y-2.36%
GM growth 5Y-1.17%
F-Score9
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 104.11% | ||
| Cap/Sales | 6.03% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 88.22% | ||
| Profit Quality | 99.05% | ||
| Current Ratio | 3.51 | ||
| Quick Ratio | 2.96 | ||
| Altman-Z | 5.83 |
F-Score9
WACC8.7%
ROIC/WACC0.69
Cap/Depr(3y)129.32%
Cap/Depr(5y)125.11%
Cap/Sales(3y)7.17%
Cap/Sales(5y)7.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.73%
EPS 3Y1.61%
EPS 5Y-0.19%
EPS Q2Q%-2.23%
EPS Next Y-1.99%
EPS Next 2Y2.75%
EPS Next 3Y4.44%
EPS Next 5YN/A
Revenue 1Y (TTM)4.17%
Revenue growth 3Y9.95%
Revenue growth 5Y6.05%
Sales Q2Q%1.23%
Revenue Next Year0.12%
Revenue Next 2Y1.84%
Revenue Next 3Y2.82%
Revenue Next 5YN/A
EBIT growth 1Y7.96%
EBIT growth 3Y-0.08%
EBIT growth 5Y-5.05%
EBIT Next Year76.35%
EBIT Next 3Y27.12%
EBIT Next 5YN/A
FCF growth 1Y2639.66%
FCF growth 3Y19.68%
FCF growth 5Y-3.64%
OCF growth 1Y69.14%
OCF growth 3Y11.62%
OCF growth 5Y0.92%