UNITED AIRLINES HOLDINGS INC (1UAL.MI) Stock Fundamental Analysis
BIT:1UAL - Euronext Milan - US9100471096 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to 1UAL. 1UAL was compared to 12 industry peers in the Passenger Airlines industry. There are concerns on the financial health of 1UAL while its profitability can be described as average. 1UAL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
1UAL had positive earnings in the past year.
1UAL had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: 1UAL reported negative net income in multiple years.
Of the past 5 years 1UAL 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.81%, 1UAL is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
1UAL has a better Return On Equity (29.01%) than 93.33% of its industry peers.
1UAL's Return On Invested Capital of 8.50% is fine compared to the rest of the industry. 1UAL outperforms 73.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1UAL is in line with the industry average of 8.15%.
The last Return On Invested Capital (8.50%) for 1UAL 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
1UAL has a better Profit Margin (6.34%) than 80.00% of its industry peers.
1UAL's Profit Margin has declined in the last couple of years.
The Operating Margin of 1UAL (9.69%) is better than 80.00% of its industry peers.
In the last couple of years the Operating Margin of 1UAL has declined.
The Gross Margin of 1UAL (63.95%) is better than 80.00% of its industry peers.
1UAL's Gross Margin has been stable in the last couple of years.
| 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
1UAL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, 1UAL has about the same amount of shares outstanding.
The number of shares outstanding for 1UAL has been increased compared to 5 years ago.
The debt/assets ratio for 1UAL has been reduced compared to a year ago.
2.2 Solvency
1UAL has a debt to FCF ratio of 5.73. This is a neutral value as 1UAL would need 5.73 years to pay back of all of its debts.
1UAL has a Debt to FCF ratio of 5.73. This is in the better half of the industry: 1UAL outperforms 66.67% of its industry peers.
1UAL has a Debt/Equity ratio of 1.93. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.93, 1UAL perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.93 | ||
| Debt/FCF | 5.73 | ||
| Altman-Z | N/A |
ROIC/WACC1.03
WACC8.24%
2.3 Liquidity
A Current Ratio of 0.78 indicates that 1UAL may have some problems paying its short term obligations.
The Current ratio of 1UAL (0.78) is comparable to the rest of the industry.
A Quick Ratio of 0.72 indicates that 1UAL may have some problems paying its short term obligations.
1UAL has a Quick ratio (0.72) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
1UAL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.54%, which is quite good.
1UAL shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.65% yearly.
The Revenue has been growing slightly by 5.31% in the past year.
1UAL 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, 1UAL will show a small growth in Earnings Per Share. The EPS will grow by 6.78% on average per year.
The Revenue is expected to grow by 3.39% on average over the next years.
EPS Next Y-1.04%
EPS Next 2Y8.43%
EPS Next 3Y10.5%
EPS Next 5Y6.78%
Revenue Next Year3.47%
Revenue Next 2Y5.37%
Revenue Next 3Y5.65%
Revenue Next 5Y3.39%
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
1UAL is valuated cheaply with a Price/Earnings ratio of 5.76.
Based on the Price/Earnings ratio, 1UAL is valued a bit cheaper than 73.33% of the companies in the same industry.
1UAL is valuated cheaply when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 5.39, which indicates a rather cheap valuation of 1UAL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1UAL is on the same level as its industry peers.
1UAL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.76 | ||
| Fwd PE | 5.39 |
4.2 Price Multiples
1UAL's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1UAL indicates a rather cheap valuation: 1UAL is cheaper than 86.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.54 | ||
| EV/EBITDA | 3.32 |
4.3 Compensation for Growth
The decent profitability rating of 1UAL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.43%
EPS Next 3Y10.5%
5. Dividend
5.1 Amount
1UAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1UAL (4/30/2025, 7:00:00 PM)
59.58
-0.75 (-1.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners87.82%
Inst Owner ChangeN/A
Ins Owners0.47%
Ins Owner ChangeN/A
Market Cap19.46B
Analysts82.22
Price Target82.4 (38.3%)
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)-35.58%
PT rev (3m)-35.58%
EPS NQ rev (1m)-25.47%
EPS NQ rev (3m)-25.38%
EPS NY rev (1m)-22.18%
EPS NY rev (3m)-22.02%
Revenue NQ rev (1m)-5.58%
Revenue NQ rev (3m)-5.48%
Revenue NY rev (1m)-4.65%
Revenue NY rev (3m)-4.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.76 | ||
| Fwd PE | 5.39 | ||
| P/S | 0.38 | ||
| P/FCF | 4.54 | ||
| P/OCF | 2.12 | ||
| P/B | 1.74 | ||
| P/tB | 4.04 | ||
| EV/EBITDA | 3.32 |
EPS(TTM)10.34
EY17.35%
EPS(NY)11.05
Fwd EY18.55%
FCF(TTM)13.13
FCFY22.04%
OCF(TTM)28.05
OCFY47.08%
SpS157.11
BVpS34.33
TBVpS14.73
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
WACC8.24%
ROIC/WACC1.03
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-1.04%
EPS Next 2Y8.43%
EPS Next 3Y10.5%
EPS Next 5Y6.78%
Revenue 1Y (TTM)5.31%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%5.38%
Revenue Next Year3.47%
Revenue Next 2Y5.37%
Revenue Next 3Y5.65%
Revenue Next 5Y3.39%
EBIT growth 1Y5.55%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year77.92%
EBIT Next 3Y27.19%
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%