UNITED AIRLINES HOLDINGS INC (UAL1.DE) Stock Fundamental Analysis
FRA:UAL1 - Deutsche Boerse Ag - US9100471096 - Common Stock - Currency: EUR
Overall UAL1 gets a fundamental rating of 4 out of 10. We evaluated UAL1 against 12 industry peers in the Passenger Airlines industry. While UAL1 is still in line with the averages on profitability rating, there are concerns on its financial health. UAL1 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
UAL1 had positive earnings in the past year.
UAL1 had a positive operating cash flow in the past year.
In multiple years UAL1 reported negative net income over the last 5 years.
UAL1 had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
UAL1 has a Return On Assets of 4.81%. This is in the better half of the industry: UAL1 outperforms 66.67% of its industry peers.
With an excellent Return On Equity value of 29.01%, UAL1 belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
The Return On Invested Capital of UAL1 (8.50%) is better than 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UAL1 is in line with the industry average of 8.02%.
The last Return On Invested Capital (8.50%) for UAL1 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
With a decent Profit Margin value of 6.34%, UAL1 is doing good in the industry, outperforming 66.67% of the companies in the same industry.
UAL1's Profit Margin has declined in the last couple of years.
The Operating Margin of UAL1 (9.69%) is better than 66.67% of its industry peers.
UAL1's Operating Margin has declined in the last couple of years.
UAL1's Gross Margin of 63.95% is amongst the best of the industry. UAL1 outperforms 83.33% of its industry peers.
In the last couple of years the Gross Margin of UAL1 has remained more or less at the same level.
| 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
UAL1 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 UAL1 remains at a similar level compared to 1 year ago.
Compared to 5 years ago, UAL1 has more shares outstanding
UAL1 has a better debt/assets ratio than last year.
2.2 Solvency
UAL1 has a debt to FCF ratio of 5.73. This is a neutral value as UAL1 would need 5.73 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.73, UAL1 is in line with its industry, outperforming 58.33% of the companies in the same industry.
UAL1 has a Debt/Equity ratio of 1.93. This is a high value indicating a heavy dependency on external financing.
UAL1 has a Debt to Equity ratio (1.93) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.93 | ||
| Debt/FCF | 5.73 | ||
| Altman-Z | N/A |
ROIC/WACC1.05
WACC8.11%
2.3 Liquidity
A Current Ratio of 0.78 indicates that UAL1 may have some problems paying its short term obligations.
UAL1 has a worse Current ratio (0.78) than 66.67% of its industry peers.
A Quick Ratio of 0.72 indicates that UAL1 may have some problems paying its short term obligations.
UAL1 has a Quick ratio of 0.72. This is in the lower half of the industry: UAL1 underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
UAL1 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.54%, which is quite good.
UAL1 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.
UAL1 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, UAL1 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 Year3.42%
Revenue Next 2Y5.34%
Revenue Next 3Y5.65%
Revenue Next 5Y3.39%
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
With a Price/Earnings ratio of 5.92, the valuation of UAL1 can be described as very cheap.
The rest of the industry has a similar Price/Earnings ratio as UAL1.
When comparing the Price/Earnings ratio of UAL1 to the average of the S&P500 Index (28.79), we can say UAL1 is valued rather cheaply.
UAL1 is valuated cheaply with a Price/Forward Earnings ratio of 5.54.
The rest of the industry has a similar Price/Forward Earnings ratio as UAL1.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, UAL1 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.92 | ||
| Fwd PE | 5.54 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as UAL1.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of UAL1 indicates a somewhat cheap valuation: UAL1 is cheaper than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.66 | ||
| EV/EBITDA | 3.39 |
4.3 Compensation for Growth
The decent profitability rating of UAL1 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
No dividends for UAL1!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:UAL1 (4/25/2025, 7:00:00 PM)
60.69
+0.96 (+1.61%)
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 Cap19.82B
Analysts84.44
Price Target83.96 (38.34%)
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)-36.75%
PT rev (3m)-22.37%
EPS NQ rev (1m)-19.9%
EPS NQ rev (3m)-22.86%
EPS NY rev (1m)-18.82%
EPS NY rev (3m)-16.46%
Revenue NQ rev (1m)-3.93%
Revenue NQ rev (3m)-3.7%
Revenue NY rev (1m)-4.87%
Revenue NY rev (3m)-3.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.92 | ||
| Fwd PE | 5.54 | ||
| P/S | 0.39 | ||
| P/FCF | 4.66 | ||
| P/OCF | 2.18 | ||
| P/B | 1.78 | ||
| P/tB | 4.16 | ||
| EV/EBITDA | 3.39 |
EPS(TTM)10.25
EY16.89%
EPS(NY)10.95
Fwd EY18.05%
FCF(TTM)13.01
FCFY21.44%
OCF(TTM)27.79
OCFY45.79%
SpS155.66
BVpS34.01
TBVpS14.59
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
WACC8.11%
ROIC/WACC1.05
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 Year3.42%
Revenue Next 2Y5.34%
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%