UNITED AIRLINES HOLDINGS INC (UAL1.DE) Stock Fundamental Analysis
Europe - FRA:UAL1 - US9100471096 - Common Stock
92.19 EUR
+0.96 (+1.05%)
UAL1 gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 12 industry peers in the Passenger Airlines industry. There are concerns on the financial health of UAL1 while its profitability can be described as average. UAL1 is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year UAL1 was profitable.
UAL1 had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: UAL1 reported negative net income in multiple years.
Of the past 5 years UAL1 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.29%, UAL1 is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
The Return On Equity of UAL1 (24.75%) is better than 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.57%, UAL1 is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for UAL1 is below the industry average of 9.96%.
The 3 year average ROIC (6.63%) for UAL1 is below the current ROIC(8.57%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.29% | ||
| ROE | 24.75% | ||
| ROIC | 8.57% |
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
UAL1's Profit Margin of 5.71% is fine compared to the rest of the industry. UAL1 outperforms 75.00% of its industry peers.
In the last couple of years the Profit Margin of UAL1 has declined.
UAL1 has a better Operating Margin (9.32%) than 75.00% of its industry peers.
UAL1's Operating Margin has declined in the last couple of years.
UAL1 has a better Gross Margin (64.15%) than 83.33% of its industry peers.
UAL1's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.32% | ||
| PM (TTM) | 5.71% | ||
| GM | 64.15% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UAL1 is destroying value.
Compared to 1 year ago, UAL1 has about the same amount of shares outstanding.
Compared to 5 years ago, UAL1 has more shares outstanding
Compared to 1 year ago, UAL1 has an improved debt to assets ratio.
2.2 Solvency
UAL1 has a debt to FCF ratio of 6.70. This is a slightly negative value and a sign of low solvency as UAL1 would need 6.70 years to pay back of all of its debts.
UAL1 has a Debt to FCF ratio of 6.70. This is in the better half of the industry: UAL1 outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 1.56 is on the high side and indicates that UAL1 has dependencies on debt financing.
UAL1's Debt to Equity ratio of 1.56 is in line compared to the rest of the industry. UAL1 outperforms 58.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 6.7 | ||
| Altman-Z | N/A |
ROIC/WACC0.96
WACC8.9%
2.3 Liquidity
A Current Ratio of 0.70 indicates that UAL1 may have some problems paying its short term obligations.
The Current ratio of UAL1 (0.70) is comparable to the rest of the industry.
UAL1 has a Quick Ratio of 0.70. This is a bad value and indicates that UAL1 is not financially healthy enough and could expect problems in meeting its short term obligations.
UAL1 has a Quick ratio (0.65) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
UAL1 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.95%, which is quite good.
The Earnings Per Share has been decreasing by -2.65% on average over the past years.
UAL1 shows a small growth in Revenue. In the last year, the Revenue has grown by 4.23%.
UAL1 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.70% yearly.
EPS 1Y (TTM)17.95%
EPS 3YN/A
EPS 5Y-2.65%
EPS Q2Q%-6.52%
Revenue 1Y (TTM)4.23%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%1.67%
3.2 Future
Based on estimates for the next years, UAL1 will show a decrease in Earnings Per Share. The EPS will decrease by -0.61% on average per year.
Based on estimates for the next years, UAL1 will show a small growth in Revenue. The Revenue will grow by 2.88% on average per year.
EPS Next Y-2.17%
EPS Next 2Y9.18%
EPS Next 3Y10.81%
EPS Next 5Y-0.61%
Revenue Next Year4.04%
Revenue Next 2Y5.78%
Revenue Next 3Y5.93%
Revenue Next 5Y2.88%
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
UAL1 is valuated reasonably with a Price/Earnings ratio of 9.50.
66.67% of the companies in the same industry are cheaper than UAL1, based on the Price/Earnings ratio.
UAL1 is valuated cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.57, the valuation of UAL1 can be described as reasonable.
Based on the Price/Forward Earnings ratio, UAL1 is valued a bit more expensive than 75.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.73. UAL1 is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.5 | ||
| Fwd PE | 8.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UAL1 is valued expensively inside the industry as 91.67% of the companies are valued cheaper.
Based on the Price/Free Cash Flow ratio, UAL1 is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.65 | ||
| EV/EBITDA | 4.82 |
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 2Y9.18%
EPS Next 3Y10.81%
5. Dividend
5.1 Amount
UAL1 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:UAL1 (9/12/2025, 7:00:00 PM)
92.19
+0.96 (+1.05%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners89.4%
Inst Owner ChangeN/A
Ins Owners0.56%
Ins Owner ChangeN/A
Market Cap29.84B
Analysts82.22
Price Target93.69 (1.63%)
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)9.75%
Min EPS beat(2)0.48%
Max EPS beat(2)19.01%
EPS beat(4)4
Avg EPS beat(4)7.8%
Min EPS beat(4)0.48%
Max EPS beat(4)19.01%
EPS beat(8)8
Avg EPS beat(8)16.83%
EPS beat(12)12
Avg EPS beat(12)17.63%
EPS beat(16)15
Avg EPS beat(16)15.57%
Revenue beat(2)0
Avg Revenue beat(2)-1.54%
Min Revenue beat(2)-1.76%
Max Revenue beat(2)-1.32%
Revenue beat(4)1
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-1.76%
Max Revenue beat(4)0.55%
Revenue beat(8)1
Avg Revenue beat(8)-0.74%
Revenue beat(12)4
Avg Revenue beat(12)-0.46%
Revenue beat(16)6
Avg Revenue beat(16)-0.45%
PT rev (1m)-0.11%
PT rev (3m)12.82%
EPS NQ rev (1m)0.6%
EPS NQ rev (3m)-34.13%
EPS NY rev (1m)2.18%
EPS NY rev (3m)0.25%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-5.03%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.5 | ||
| Fwd PE | 8.57 | ||
| P/S | 0.6 | ||
| P/FCF | 8.65 | ||
| P/OCF | 3.62 | ||
| P/B | 2.62 | ||
| P/tB | 5.66 | ||
| EV/EBITDA | 4.82 |
EPS(TTM)9.7
EY10.52%
EPS(NY)10.76
Fwd EY11.68%
FCF(TTM)10.66
FCFY11.56%
OCF(TTM)25.44
OCFY27.59%
SpS152.86
BVpS35.25
TBVpS16.28
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.29% | ||
| ROE | 24.75% | ||
| ROCE | 11.21% | ||
| ROIC | 8.57% | ||
| ROICexc | 12.68% | ||
| ROICexgc | 16.28% | ||
| OM | 9.32% | ||
| PM (TTM) | 5.71% | ||
| GM | 64.15% | ||
| FCFM | 6.97% |
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-Score6
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 6.7 | ||
| Debt/EBITDA | 2.51 | ||
| Cap/Depr | 191.43% | ||
| Cap/Sales | 9.67% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 115.83% | ||
| Profit Quality | 122.18% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | N/A |
F-Score6
WACC8.9%
ROIC/WACC0.96
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)17.95%
EPS 3YN/A
EPS 5Y-2.65%
EPS Q2Q%-6.52%
EPS Next Y-2.17%
EPS Next 2Y9.18%
EPS Next 3Y10.81%
EPS Next 5Y-0.61%
Revenue 1Y (TTM)4.23%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%1.67%
Revenue Next Year4.04%
Revenue Next 2Y5.78%
Revenue Next 3Y5.93%
Revenue Next 5Y2.88%
EBIT growth 1Y10.47%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year55.04%
EBIT Next 3Y23.51%
EBIT Next 5YN/A
FCF growth 1Y136.49%
FCF growth 3YN/A
FCF growth 5Y9.97%
OCF growth 1Y9.15%
OCF growth 3Y65.94%
OCF growth 5Y6.45%