UNITED AIRLINES HOLDINGS INC (UAL1.DE) Stock Fundamental Analysis
Europe - FRA:UAL1 - US9100471096 - Common Stock
80.98 EUR
-4.99 (-5.8%)
We assign a fundamental rating of 3 out of 10 to UAL1. UAL1 was compared to 11 industry peers in the Passenger Airlines industry. UAL1 has a medium profitability rating, but doesn't score so well on its financial health evaluation. UAL1 does not seem to be growing, but still is valued 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
Looking at the Return On Assets, with a value of 4.32%, UAL1 is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
Looking at the Return On Equity, with a value of 23.02%, UAL1 is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
UAL1 has a Return On Invested Capital (8.02%) which is in line with its industry peers.
UAL1 had an Average Return On Invested Capital over the past 3 years of 6.63%. This is below the industry average of 10.22%.
The 3 year average ROIC (6.63%) for UAL1 is below the current ROIC(8.02%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.32% | ||
| ROE | 23.02% | ||
| ROIC | 8.02% |
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
Looking at the Profit Margin, with a value of 5.64%, UAL1 is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
In the last couple of years the Profit Margin of UAL1 has declined.
Looking at the Operating Margin, with a value of 8.85%, UAL1 is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
In the last couple of years the Operating Margin of UAL1 has declined.
The Gross Margin of UAL1 (64.08%) is better than 81.82% of its industry peers.
UAL1's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.85% | ||
| PM (TTM) | 5.64% | ||
| GM | 64.08% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UAL1 is destroying value.
UAL1 has about the same amout of shares outstanding than it did 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
The Debt to FCF ratio of UAL1 is 6.85, which is on the high side as it means it would take UAL1, 6.85 years of fcf income to pay off all of its debts.
UAL1 has a Debt to FCF ratio of 6.85. This is comparable to the rest of the industry: UAL1 outperforms 54.55% of its industry peers.
A Debt/Equity ratio of 1.45 is on the high side and indicates that UAL1 has dependencies on debt financing.
UAL1 has a Debt to Equity ratio (1.45) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 6.85 | ||
| Altman-Z | N/A |
ROIC/WACC0.96
WACC8.4%
2.3 Liquidity
A Current Ratio of 0.67 indicates that UAL1 may have some problems paying its short term obligations.
UAL1 has a Current ratio (0.67) which is in line with its industry peers.
UAL1 has a Quick Ratio of 0.67. 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 of 0.61. This is in the lower half of the industry: UAL1 underperforms 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.09% over the past year.
The Earnings Per Share has been decreasing by -2.65% on average over the past years.
Looking at the last year, UAL1 shows a small growth in Revenue. The Revenue has grown by 4.24% in the last year.
Measured over the past years, UAL1 shows a small growth in Revenue. The Revenue has been growing by 5.70% on average per year.
EPS 1Y (TTM)16.09%
EPS 3YN/A
EPS 5Y-2.65%
EPS Q2Q%-16.52%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%2.57%
3.2 Future
The Earnings Per Share is expected to decrease by -4.37% on average over the next years.
The Revenue is expected to grow by 1.99% on average over the next years.
EPS Next Y3.2%
EPS Next 2Y11.43%
EPS Next 3Y11.45%
EPS Next 5Y-4.37%
Revenue Next Year4.32%
Revenue Next 2Y5.94%
Revenue Next 3Y5.98%
Revenue Next 5Y1.99%
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.
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 8.66.
63.64% of the companies in the same industry are cheaper than UAL1, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.34, UAL1 is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.14, the valuation of UAL1 can be described as very cheap.
63.64% of the companies in the same industry are cheaper than UAL1, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.43. UAL1 is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.66 | ||
| Fwd PE | 7.14 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UAL1 is valued a bit more expensive than the industry average as 72.73% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, UAL1 is valued a bit more expensive than the industry average as 63.64% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.18 | ||
| EV/EBITDA | 4.43 |
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)2.7
PEG (5Y)N/A
EPS Next 2Y11.43%
EPS Next 3Y11.45%
5. Dividend
5.1 Amount
UAL1 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:UAL1 (11/11/2025, 7:00:00 PM)
80.98
-4.99 (-5.8%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners87.79%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap26.22B
Revenue(TTM)58.37B
Net Income(TTM)3.29B
Analysts81.48
Price Target109.94 (35.76%)
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)2.55%
Min EPS beat(2)0.48%
Max EPS beat(2)4.61%
EPS beat(4)4
Avg EPS beat(4)7.92%
Min EPS beat(4)0.48%
Max EPS beat(4)19.01%
EPS beat(8)8
Avg EPS beat(8)16.41%
EPS beat(12)12
Avg EPS beat(12)16.16%
EPS beat(16)15
Avg EPS beat(16)13.37%
Revenue beat(2)0
Avg Revenue beat(2)-1.71%
Min Revenue beat(2)-1.76%
Max Revenue beat(2)-1.67%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-1.76%
Max Revenue beat(4)0.55%
Revenue beat(8)1
Avg Revenue beat(8)-0.86%
Revenue beat(12)3
Avg Revenue beat(12)-0.6%
Revenue beat(16)5
Avg Revenue beat(16)-0.58%
PT rev (1m)13.86%
PT rev (3m)25.8%
EPS NQ rev (1m)14.49%
EPS NQ rev (3m)14.27%
EPS NY rev (1m)5.41%
EPS NY rev (3m)7.79%
Revenue NQ rev (1m)2.11%
Revenue NQ rev (3m)2.19%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.66 | ||
| Fwd PE | 7.14 | ||
| P/S | 0.52 | ||
| P/FCF | 8.18 | ||
| P/OCF | 3.24 | ||
| P/B | 2.12 | ||
| P/tB | 4.26 | ||
| EV/EBITDA | 4.43 |
EPS(TTM)9.35
EY11.55%
EPS(NY)11.35
Fwd EY14.01%
FCF(TTM)9.9
FCFY12.23%
OCF(TTM)25
OCFY30.88%
SpS155.76
BVpS38.18
TBVpS19
PEG (NY)2.7
PEG (5Y)N/A
Graham Number89.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.32% | ||
| ROE | 23.02% | ||
| ROCE | 10.5% | ||
| ROIC | 8.02% | ||
| ROICexc | 11% | ||
| ROICexgc | 13.76% | ||
| OM | 8.85% | ||
| PM (TTM) | 5.64% | ||
| GM | 64.08% | ||
| FCFM | 6.36% |
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
ROICexgc growth 3YN/A
ROICexgc 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 | 1.45 | ||
| Debt/FCF | 6.85 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 193.27% | ||
| Cap/Sales | 9.7% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 115.79% | ||
| Profit Quality | 112.66% | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | N/A |
F-Score7
WACC8.4%
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)16.09%
EPS 3YN/A
EPS 5Y-2.65%
EPS Q2Q%-16.52%
EPS Next Y3.2%
EPS Next 2Y11.43%
EPS Next 3Y11.45%
EPS Next 5Y-4.37%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%2.57%
Revenue Next Year4.32%
Revenue Next 2Y5.94%
Revenue Next 3Y5.98%
Revenue Next 5Y1.99%
EBIT growth 1Y10.29%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year55.18%
EBIT Next 3Y23.65%
EBIT Next 5YN/A
FCF growth 1Y177.98%
FCF growth 3YN/A
FCF growth 5Y9.97%
OCF growth 1Y4.35%
OCF growth 3Y65.94%
OCF growth 5Y6.45%
UNITED AIRLINES HOLDINGS INC / UAL1.DE FAQ
What is the fundamental rating for UAL1 stock?
ChartMill assigns a fundamental rating of 3 / 10 to UAL1.DE.
What is the valuation status for UAL1 stock?
ChartMill assigns a valuation rating of 3 / 10 to UNITED AIRLINES HOLDINGS INC (UAL1.DE). This can be considered as Overvalued.
What is the profitability of UAL1 stock?
UNITED AIRLINES HOLDINGS INC (UAL1.DE) has a profitability rating of 5 / 10.
What is the earnings growth outlook for UNITED AIRLINES HOLDINGS INC?
The Earnings per Share (EPS) of UNITED AIRLINES HOLDINGS INC (UAL1.DE) is expected to grow by 3.2% in the next year.