UNIFIRST CORP/MA (UNF) Stock Fundamental Analysis
USA - NYSE:UNF - US9047081040 - Common Stock
168.91 USD
+1.66 (+0.99%)
168.91 USD
0 (0%)
Taking everything into account, UNF scores 6 out of 10 in our fundamental rating. UNF was compared to 84 industry peers in the Commercial Services & Supplies industry. UNF has an excellent financial health rating, but there are some minor concerns on its profitability. UNF has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year UNF was profitable.
In the past year UNF had a positive cash flow from operations.
In the past 5 years UNF has always been profitable.
UNF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of UNF (5.50%) is better than 72.62% of its industry peers.
The Return On Equity of UNF (6.98%) is better than 61.90% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.96%, UNF is in line with its industry, outperforming 59.52% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for UNF is below the industry average of 10.21%.
The 3 year average ROIC (5.81%) for UNF is below the current ROIC(5.96%), indicating increased profibility in the last year.
| 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 has a better Profit Margin (6.18%) than 73.81% of its industry peers.
In the last couple of years the Profit Margin of UNF has declined.
With a decent Operating Margin value of 7.98%, UNF is doing good in the industry, outperforming 63.10% of the companies in the same industry.
In the last couple of years the Operating Margin of UNF has declined.
The Gross Margin of UNF (36.16%) is better than 61.90% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UNF is destroying value.
UNF has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, UNF has less shares outstanding
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 5.69 indicates that UNF is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.69, UNF belongs to the top of the industry, outperforming 85.71% 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 | 5.69 |
ROIC/WACC0.68
WACC8.77%
2.3 Liquidity
A Current Ratio of 3.51 indicates that UNF has no problem at all paying its short term obligations.
UNF's Current ratio of 3.51 is amongst the best of the industry. UNF outperforms 86.90% of its industry peers.
UNF has a Quick Ratio of 2.96. This indicates that UNF is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.96, UNF belongs to the best of the industry, outperforming 89.29% of the companies in the same industry.
| 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%.
Measured over the past years, UNF shows a small growth in Revenue. The Revenue has been growing by 6.05% on average per year.
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
UNF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.44% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 19.92 indicates a rather expensive valuation of UNF.
Based on the Price/Earnings ratio, UNF is valued a bit cheaper than 67.86% of the companies in the same industry.
UNF is valuated rather cheaply when we compare the Price/Earnings ratio to 27.86, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 19.21, the valuation of UNF can be described as rather expensive.
Based on the Price/Forward Earnings ratio, UNF is valued a bit cheaper than the industry average as 69.05% of the companies are valued more expensively.
UNF's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.92 | ||
| Fwd PE | 19.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UNF is valued a bit cheaper than the industry average as 76.19% of the companies are valued more expensively.
UNF's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. UNF is cheaper than 72.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.82 | ||
| EV/EBITDA | 8.62 |
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
With a yearly dividend of 0.84%, UNF is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.34, UNF pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.84, UNF pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
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.
UNF's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP16.01%
EPS Next 2Y2.75%
EPS Next 3Y4.44%
168.91
+1.66 (+0.99%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners98.07%
Inst Owner Change0%
Ins Owners0.73%
Ins Owner Change-0.13%
Market Cap3.13B
Analysts47.69
Price Target182.92 (8.29%)
Short Float %1.59%
Short Ratio2.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
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%
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 | 19.92 | ||
| Fwd PE | 19.21 | ||
| P/S | 1.27 | ||
| P/FCF | 20.82 | ||
| P/OCF | 10.48 | ||
| P/B | 1.44 | ||
| P/tB | 2.21 | ||
| EV/EBITDA | 8.62 |
EPS(TTM)8.48
EY5.02%
EPS(NY)8.79
Fwd EY5.21%
FCF(TTM)8.11
FCFY4.8%
OCF(TTM)16.11
OCFY9.54%
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 | 5.69 |
F-Score9
WACC8.77%
ROIC/WACC0.68
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%