UNITEDHEALTH GROUP INC (UNH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:UNH - US91324P1021 - Common Stock
289.7 EUR
-1.55 (-0.53%)
Overall UNH gets a fundamental rating of 5 out of 10. We evaluated UNH against 32 industry peers in the Health Care Providers & Services industry. Both the profitability and the financial health of UNH get a neutral evaluation. Nothing too spectacular is happening here. UNH is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- UNH had positive earnings in the past year.
- In the past year UNH had a positive cash flow from operations.
- In the past 5 years UNH has always been profitable.
- UNH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 5.58%, UNH belongs to the best of the industry, outperforming 84.38% of the companies in the same industry.
- The Return On Equity of UNH (18.36%) is better than 87.50% of its industry peers.
- UNH has a better Return On Invested Capital (7.55%) than 71.88% of its industry peers.
- UNH had an Average Return On Invested Capital over the past 3 years of 10.14%. This is above the industry average of 7.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.58% | ||
| ROE | 18.36% | ||
| ROIC | 7.55% |
ROA(3y)7.06%
ROA(5y)7.43%
ROE(3y)22.21%
ROE(5y)22.85%
ROIC(3y)10.14%
ROIC(5y)10.16%
1.3 Margins
- The Profit Margin of UNH (4.04%) is better than 71.88% of its industry peers.
- In the last couple of years the Profit Margin of UNH has declined.
- UNH's Operating Margin of 6.06% is fine compared to the rest of the industry. UNH outperforms 62.50% of its industry peers.
- UNH's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.06% | ||
| PM (TTM) | 4.04% | ||
| GM | N/A |
OM growth 3Y-1.09%
OM growth 5Y-0.16%
PM growth 3Y-15.71%
PM growth 5Y-8.84%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- UNH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- The number of shares outstanding for UNH has been reduced compared to 1 year ago.
- The number of shares outstanding for UNH has been reduced compared to 5 years ago.
- UNH has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.92 indicates that UNH is not a great score, but indicates only limited risk for bankruptcy at the moment.
- UNH has a Altman-Z score of 2.92. This is in the better half of the industry: UNH outperforms 75.00% of its industry peers.
- The Debt to FCF ratio of UNH is 4.61, which is a neutral value as it means it would take UNH, 4.61 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 4.61, UNH belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
- UNH has a Debt/Equity ratio of 0.76. This is a neutral value indicating UNH is somewhat dependend on debt financing.
- UNH has a Debt to Equity ratio of 0.76. This is in the better half of the industry: UNH outperforms 65.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 4.61 | ||
| Altman-Z | 2.92 |
ROIC/WACC0.87
WACC8.65%
2.3 Liquidity
- A Current Ratio of 0.95 indicates that UNH may have some problems paying its short term obligations.
- UNH has a Current ratio of 0.95. This is comparable to the rest of the industry: UNH outperforms 56.25% of its industry peers.
- A Quick Ratio of 0.95 indicates that UNH may have some problems paying its short term obligations.
- UNH has a Quick ratio of 0.95. This is comparable to the rest of the industry: UNH outperforms 56.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
- UNH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.96%.
- The Earnings Per Share has been growing by 13.07% on average over the past years. This is quite good.
- Looking at the last year, UNH shows a quite strong growth in Revenue. The Revenue has grown by 10.48% in the last year.
- The Revenue has been growing by 10.57% on average over the past years. This is quite good.
EPS 1Y (TTM)-22.96%
EPS 3Y13.67%
EPS 5Y13.07%
EPS Q2Q%-59.16%
Revenue 1Y (TTM)10.48%
Revenue growth 3Y11.65%
Revenue growth 5Y10.57%
Sales Q2Q%12.24%
3.2 Future
- UNH is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.69% yearly.
- UNH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.13% yearly.
EPS Next Y-40.98%
EPS Next 2Y-19.86%
EPS Next 3Y-8.89%
EPS Next 5Y2.69%
Revenue Next Year11.62%
Revenue Next 2Y6.47%
Revenue Next 3Y6.02%
Revenue Next 5Y6.13%
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 decreasing.
- 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
- UNH is valuated correctly with a Price/Earnings ratio of 16.07.
- Compared to the rest of the industry, the Price/Earnings ratio of UNH is on the same level as its industry peers.
- UNH's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.54.
- The Price/Forward Earnings ratio is 18.82, which indicates a rather expensive current valuation of UNH.
- Based on the Price/Forward Earnings ratio, UNH is valued a bit more expensive than the industry average as 71.88% of the companies are valued more cheaply.
- UNH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.31, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.07 | ||
| Fwd PE | 18.82 |
4.2 Price Multiples
- 68.75% of the companies in the same industry are cheaper than UNH, based on the Enterprise Value to EBITDA ratio.
- UNH's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.59 | ||
| EV/EBITDA | 11.76 |
4.3 Compensation for Growth
- The decent profitability rating of UNH may justify a higher PE ratio.
- A cheap valuation may be justified as UNH's earnings are expected to decrease with -8.89% in the coming years.
PEG (NY)N/A
PEG (5Y)1.23
EPS Next 2Y-19.86%
EPS Next 3Y-8.89%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.55%, UNH has a reasonable but not impressive dividend return.
- UNH's Dividend Yield is rather good when compared to the industry average which is at 1.57. UNH pays more dividend than 81.25% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.92, UNH pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
5.2 History
- The dividend of UNH is nicely growing with an annual growth rate of 14.73%!
Dividend Growth(5Y)14.73%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- 44.61% of the earnings are spent on dividend by UNH. This is a bit on the high side, but may be sustainable.
- UNH's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP44.61%
EPS Next 2Y-19.86%
EPS Next 3Y-8.89%
FRA:UNH (1/15/2026, 7:00:00 PM)
289.7
-1.55 (-0.53%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)10-28 2025-10-28/bmo
Earnings (Next)01-27 2026-01-27/amc
Inst Owners83.63%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap262.42B
Revenue(TTM)435.16B
Net Income(TTM)17.59B
Analysts75.15
Price Target351.08 (21.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
Yearly Dividend7.04
Dividend Growth(5Y)14.73%
DP44.61%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.22%
Min EPS beat(2)-9.92%
Max EPS beat(2)3.48%
EPS beat(4)2
Avg EPS beat(4)-2.08%
Min EPS beat(4)-9.92%
Max EPS beat(4)3.48%
EPS beat(8)6
Avg EPS beat(8)0.38%
EPS beat(12)10
Avg EPS beat(12)0.9%
EPS beat(16)14
Avg EPS beat(16)1.67%
Revenue beat(2)0
Avg Revenue beat(2)-0.91%
Min Revenue beat(2)-0.91%
Max Revenue beat(2)-0.91%
Revenue beat(4)0
Avg Revenue beat(4)-1.63%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)-0.91%
Revenue beat(8)2
Avg Revenue beat(8)-0.68%
Revenue beat(12)5
Avg Revenue beat(12)-0.31%
Revenue beat(16)7
Avg Revenue beat(16)-0.21%
PT rev (1m)2.08%
PT rev (3m)18.28%
EPS NQ rev (1m)0.29%
EPS NQ rev (3m)1.16%
EPS NY rev (1m)0.04%
EPS NY rev (3m)0.58%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)-0.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.07 | ||
| Fwd PE | 18.82 | ||
| P/S | 0.7 | ||
| P/FCF | 17.59 | ||
| P/OCF | 14.58 | ||
| P/B | 3.19 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.76 |
EPS(TTM)18.03
EY6.22%
EPS(NY)15.39
Fwd EY5.31%
FCF(TTM)16.47
FCFY5.68%
OCF(TTM)19.86
OCFY6.86%
SpS412.32
BVpS90.76
TBVpS-35.38
PEG (NY)N/A
PEG (5Y)1.23
Graham Number191.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.58% | ||
| ROE | 18.36% | ||
| ROCE | 9.71% | ||
| ROIC | 7.55% | ||
| ROICexc | 8.39% | ||
| ROICexgc | 23.23% | ||
| OM | 6.06% | ||
| PM (TTM) | 4.04% | ||
| GM | N/A | ||
| FCFM | 3.99% |
ROA(3y)7.06%
ROA(5y)7.43%
ROE(3y)22.21%
ROE(5y)22.85%
ROIC(3y)10.14%
ROIC(5y)10.16%
ROICexc(3y)11.32%
ROICexc(5y)11.36%
ROICexgc(3y)32.46%
ROICexgc(5y)32.01%
ROCE(3y)13.1%
ROCE(5y)13.1%
ROICexgc growth 3Y-2.11%
ROICexgc growth 5Y-0.12%
ROICexc growth 3Y-2.38%
ROICexc growth 5Y-0.43%
OM growth 3Y-1.09%
OM growth 5Y-0.16%
PM growth 3Y-15.71%
PM growth 5Y-8.84%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 4.61 | ||
| Debt/EBITDA | 2.36 | ||
| Cap/Depr | 83.69% | ||
| Cap/Sales | 0.82% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 68.42% | ||
| Profit Quality | 98.8% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 2.92 |
F-Score9
WACC8.65%
ROIC/WACC0.87
Cap/Depr(3y)84.34%
Cap/Depr(5y)80.61%
Cap/Sales(3y)0.88%
Cap/Sales(5y)0.86%
Profit Quality(3y)124.43%
Profit Quality(5y)123.8%
High Growth Momentum
Growth
EPS 1Y (TTM)-22.96%
EPS 3Y13.67%
EPS 5Y13.07%
EPS Q2Q%-59.16%
EPS Next Y-40.98%
EPS Next 2Y-19.86%
EPS Next 3Y-8.89%
EPS Next 5Y2.69%
Revenue 1Y (TTM)10.48%
Revenue growth 3Y11.65%
Revenue growth 5Y10.57%
Sales Q2Q%12.24%
Revenue Next Year11.62%
Revenue Next 2Y6.47%
Revenue Next 3Y6.02%
Revenue Next 5Y6.13%
EBIT growth 1Y-18.15%
EBIT growth 3Y10.44%
EBIT growth 5Y10.4%
EBIT Next Year-24.8%
EBIT Next 3Y-3.54%
EBIT Next 5Y4.13%
FCF growth 1Y-34.26%
FCF growth 3Y0.99%
FCF growth 5Y4.56%
OCF growth 1Y-29.48%
OCF growth 3Y2.39%
OCF growth 5Y5.37%
UNITEDHEALTH GROUP INC / UNH.DE FAQ
Can you provide the ChartMill fundamental rating for UNITEDHEALTH GROUP INC?
ChartMill assigns a fundamental rating of 5 / 10 to UNH.DE.
Can you provide the valuation status for UNITEDHEALTH GROUP INC?
ChartMill assigns a valuation rating of 3 / 10 to UNITEDHEALTH GROUP INC (UNH.DE). This can be considered as Overvalued.
Can you provide the profitability details for UNITEDHEALTH GROUP INC?
UNITEDHEALTH GROUP INC (UNH.DE) has a profitability rating of 6 / 10.
What are the PE and PB ratios of UNITEDHEALTH GROUP INC (UNH.DE) stock?
The Price/Earnings (PE) ratio for UNITEDHEALTH GROUP INC (UNH.DE) is 16.07 and the Price/Book (PB) ratio is 3.19.
Is the dividend of UNITEDHEALTH GROUP INC sustainable?
The dividend rating of UNITEDHEALTH GROUP INC (UNH.DE) is 6 / 10 and the dividend payout ratio is 44.61%.