UNITED AIRLINES HOLDINGS INC (1UAL.MI) Stock Fundamental Analysis
BIT:1UAL - Borsa Italiana Milan - US9100471096 - Common Stock - Currency: EUR
1UAL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 12 industry peers in the Passenger Airlines industry. 1UAL has a medium profitability rating, but doesn't score so well on its financial health evaluation. 1UAL is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year 1UAL was profitable.
In the past year 1UAL had a positive cash flow from operations.
In multiple years 1UAL reported negative net income over the last 5 years.
Of the past 5 years 1UAL 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of 1UAL (3.81%) is comparable to the rest of the industry.
With a decent Return On Equity value of 24.18%, 1UAL is doing good in the industry, outperforming 75.00% of the companies in the same industry.
1UAL's Return On Invested Capital of 7.21% is in line compared to the rest of the industry. 1UAL outperforms 58.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.81% | ||
| ROE | 24.18% | ||
| ROIC | 7.21% |
ROA(3y)0.63%
ROA(5y)-0.85%
ROE(3y)-0.09%
ROE(5y)-18.56%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
1UAL's Profit Margin of 4.94% is in line compared to the rest of the industry. 1UAL outperforms 58.33% of its industry peers.
1UAL's Profit Margin has been stable in the last couple of years.
1UAL has a better Operating Margin (8.37%) than 66.67% of its industry peers.
1UAL's Operating Margin has been stable in the last couple of years.
1UAL has a Gross Margin of 62.00%. This is in the better half of the industry: 1UAL outperforms 75.00% of its industry peers.
1UAL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.37% | ||
| PM (TTM) | 4.94% | ||
| GM | 62% |
OM growth 3YN/A
OM growth 5Y1.33%
PM growth 3YN/A
PM growth 5Y-1.03%
GM growth 3Y10.18%
GM growth 5Y0.33%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1UAL is destroying value.
The number of shares outstanding for 1UAL has been increased compared to 1 year ago.
Compared to 5 years ago, 1UAL has more shares outstanding
Compared to 1 year ago, 1UAL has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.35, we must say that 1UAL is in the distress zone and has some risk of bankruptcy.
1UAL's Altman-Z score of 1.35 is amongst the best of the industry. 1UAL outperforms 83.33% of its industry peers.
The Debt to FCF ratio of 1UAL is 84.14, which is on the high side as it means it would take 1UAL, 84.14 years of fcf income to pay off all of its debts.
1UAL has a Debt to FCF ratio of 84.14. This is comparable to the rest of the industry: 1UAL outperforms 41.67% of its industry peers.
1UAL has a Debt/Equity ratio of 1.95. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.95, 1UAL is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.95 | ||
| Debt/FCF | 84.14 | ||
| Altman-Z | 1.35 |
ROIC/WACC0.86
WACC8.34%
2.3 Liquidity
A Current Ratio of 0.79 indicates that 1UAL may have some problems paying its short term obligations.
The Current ratio of 1UAL (0.79) is comparable to the rest of the industry.
1UAL has a Quick Ratio of 0.79. This is a bad value and indicates that 1UAL is not financially healthy enough and could expect problems in meeting its short term obligations.
1UAL has a Quick ratio of 0.72. This is comparable to the rest of the industry: 1UAL outperforms 41.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The earnings per share for 1UAL have decreased strongly by -11.32% in the last year.
The Earnings Per Share has been growing slightly by 1.78% on average over the past years.
1UAL shows a small growth in Revenue. In the last year, the Revenue has grown by 6.67%.
1UAL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.40% yearly.
EPS 1Y (TTM)-11.32%
EPS 3YN/A
EPS 5Y1.78%
EPS Q2Q%-8.77%
Revenue 1Y (TTM)6.67%
Revenue growth 3Y51.81%
Revenue growth 5Y5.4%
Sales Q2Q%2.48%
3.2 Future
Based on estimates for the next years, 1UAL will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.22% on average per year.
1UAL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.90% yearly.
EPS Next Y2.86%
EPS Next 2Y10.25%
EPS Next 3Y11.69%
EPS Next 5Y12.22%
Revenue Next Year5.62%
Revenue Next 2Y6.36%
Revenue Next 3Y6.28%
Revenue Next 5Y1.9%
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
The Price/Earnings ratio is 11.10, which indicates a very decent valuation of 1UAL.
1UAL's Price/Earnings ratio is a bit more expensive when compared to the industry. 1UAL is more expensive than 75.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.47. 1UAL is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.47 indicates a reasonable valuation of 1UAL.
75.00% of the companies in the same industry are cheaper than 1UAL, based on the Price/Forward Earnings ratio.
1UAL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 92.74.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.1 | ||
| Fwd PE | 8.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1UAL is valued a bit more expensive than 75.00% of the companies in the same industry.
1UAL's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 111.53 | ||
| EV/EBITDA | 5.46 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.88
PEG (5Y)6.22
EPS Next 2Y10.25%
EPS Next 3Y11.69%
5. Dividend
5.1 Amount
1UAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
UNITED AIRLINES HOLDINGS INC
BIT:1UAL (1/27/2025, 7:00:00 PM)
100.08
+28.34 (+39.5%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap32.91B
Analysts84.8
Price Target82.53 (-17.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
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)4.14%
Min EPS beat(2)4.11%
Max EPS beat(2)4.17%
EPS beat(4)4
Avg EPS beat(4)24.9%
Min EPS beat(4)4.11%
Max EPS beat(4)74.16%
EPS beat(8)8
Avg EPS beat(8)20.27%
EPS beat(12)11
Avg EPS beat(12)15.19%
EPS beat(16)13
Avg EPS beat(16)13.36%
Revenue beat(2)0
Avg Revenue beat(2)-1.03%
Min Revenue beat(2)-1.47%
Max Revenue beat(2)-0.59%
Revenue beat(4)0
Avg Revenue beat(4)-0.68%
Min Revenue beat(4)-1.47%
Max Revenue beat(4)-0.28%
Revenue beat(8)2
Avg Revenue beat(8)-0.38%
Revenue beat(12)4
Avg Revenue beat(12)-0.42%
Revenue beat(16)6
Avg Revenue beat(16)-0.45%
PT rev (1m)31.22%
PT rev (3m)31.22%
EPS NQ rev (1m)14.04%
EPS NQ rev (3m)14.04%
EPS NY rev (1m)0.36%
EPS NY rev (3m)0.36%
Revenue NQ rev (1m)-0.93%
Revenue NQ rev (3m)-0.93%
Revenue NY rev (1m)-1.8%
Revenue NY rev (3m)-1.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.1 | ||
| Fwd PE | 8.47 | ||
| P/S | 0.61 | ||
| P/FCF | 111.53 | ||
| P/OCF | 5.39 | ||
| P/B | 2.97 | ||
| P/tB | 8.06 | ||
| EV/EBITDA | 5.46 |
EPS(TTM)9.02
EY9.01%
EPS(NY)11.82
Fwd EY11.81%
FCF(TTM)0.9
FCFY0.9%
OCF(TTM)18.57
OCFY18.55%
SpS164.74
BVpS33.65
TBVpS12.41
PEG (NY)3.88
PEG (5Y)6.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.81% | ||
| ROE | 24.18% | ||
| ROCE | 9.51% | ||
| ROIC | 7.21% | ||
| ROICexc | 10.12% | ||
| ROICexgc | 12.74% | ||
| OM | 8.37% | ||
| PM (TTM) | 4.94% | ||
| GM | 62% | ||
| FCFM | 0.54% |
ROA(3y)0.63%
ROA(5y)-0.85%
ROE(3y)-0.09%
ROE(5y)-18.56%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y3.72%
ROICexc growth 3YN/A
ROICexc growth 5Y4.69%
OM growth 3YN/A
OM growth 5Y1.33%
PM growth 3YN/A
PM growth 5Y-1.03%
GM growth 3Y10.18%
GM growth 5Y0.33%
F-Score6
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.95 | ||
| Debt/FCF | 84.14 | ||
| Debt/EBITDA | 3.03 | ||
| Cap/Depr | 224.86% | ||
| Cap/Sales | 10.73% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.79% | ||
| Profit Quality | 11.03% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 1.35 |
F-Score6
WACC8.34%
ROIC/WACC0.86
Cap/Depr(3y)183.16%
Cap/Depr(5y)163.36%
Cap/Sales(3y)10.87%
Cap/Sales(5y)10.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.32%
EPS 3YN/A
EPS 5Y1.78%
EPS Q2Q%-8.77%
EPS Next Y2.86%
EPS Next 2Y10.25%
EPS Next 3Y11.69%
EPS Next 5Y12.22%
Revenue 1Y (TTM)6.67%
Revenue growth 3Y51.81%
Revenue growth 5Y5.4%
Sales Q2Q%2.48%
Revenue Next Year5.62%
Revenue Next 2Y6.36%
Revenue Next 3Y6.28%
Revenue Next 5Y1.9%
EBIT growth 1Y-14.94%
EBIT growth 3YN/A
EBIT growth 5Y6.8%
EBIT Next Year61.29%
EBIT Next 3Y25.93%
EBIT Next 5YN/A
FCF growth 1Y-83.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y36.04%
OCF growth 3YN/A
OCF growth 5Y2.31%