UNITED AIRLINES HOLDINGS INC (UAL1.DE) Stock Fundamental Analysis
FRA:UAL1 - Deutsche Boerse Ag - US9100471096 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to UAL1. UAL1 was compared to 12 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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
UAL1 had positive earnings in the past year.
In the past year UAL1 had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: UAL1 reported negative net income in multiple 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 4.81%, UAL1 is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
UAL1 has a Return On Equity of 29.01%. This is amongst the best in the industry. UAL1 outperforms 91.67% of its industry peers.
UAL1 has a Return On Invested Capital of 8.50%. This is in the better half of the industry: UAL1 outperforms 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for UAL1 is in line with the industry average of 8.15%.
The 3 year average ROIC (6.63%) for UAL1 is below the current ROIC(8.50%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 6.34%, UAL1 is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
UAL1's Profit Margin has declined in the last couple of years.
UAL1's Operating Margin of 9.69% is fine compared to the rest of the industry. UAL1 outperforms 75.00% of its industry peers.
UAL1's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 63.95%, UAL1 belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
UAL1'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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UAL1 is destroying value.
The number of shares outstanding for UAL1 remains at a similar level compared to 1 year ago.
The number of shares outstanding for UAL1 has been increased compared to 5 years ago.
The debt/assets ratio for UAL1 has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of UAL1 is 5.73, which is a neutral value as it means it would take UAL1, 5.73 years of fcf income to pay off all of its debts.
UAL1 has a Debt to FCF ratio (5.73) which is comparable to the rest of the industry.
UAL1 has a Debt/Equity ratio of 1.93. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.93, UAL1 is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.93 | ||
| Debt/FCF | 5.73 | ||
| Altman-Z | N/A |
ROIC/WACC0.97
WACC8.72%
2.3 Liquidity
UAL1 has a Current Ratio of 0.78. 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's Current ratio of 0.78 is in line compared to the rest of the industry. UAL1 outperforms 58.33% of its industry peers.
UAL1 has a Quick Ratio of 0.78. This is a bad value and indicates that UAL1 is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.72, UAL1 perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.54% 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 5.31% 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)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 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 2.87% on average per year.
EPS Next Y-2.78%
EPS Next 2Y8.63%
EPS Next 3Y10.62%
EPS Next 5Y-0.61%
Revenue Next Year3.55%
Revenue Next 2Y5.47%
Revenue Next 3Y5.72%
Revenue Next 5Y2.87%
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
The Price/Earnings ratio is 6.82, which indicates a rather cheap valuation of UAL1.
Compared to the rest of the industry, the Price/Earnings ratio of UAL1 indicates a somewhat cheap valuation: UAL1 is cheaper than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.15, UAL1 is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.36, the valuation of UAL1 can be described as very cheap.
UAL1's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of UAL1 to the average of the S&P500 Index (21.60), we can say UAL1 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.82 | ||
| Fwd PE | 6.36 |
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 | 5.37 | ||
| EV/EBITDA | 3.77 |
4.3 Compensation for Growth
UAL1 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.63%
EPS Next 3Y10.62%
5. Dividend
5.1 Amount
No dividends for UAL1!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:UAL1 (6/30/2025, 7:00:00 PM)
67.85
+0.4 (+0.59%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners88.93%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap22.16B
Analysts82.96
Price Target85.32 (25.75%)
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)3.67%
PT rev (3m)-35.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-22.68%
EPS NY rev (1m)-0.37%
EPS NY rev (3m)-23.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.23%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)-4.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.82 | ||
| Fwd PE | 6.36 | ||
| P/S | 0.45 | ||
| P/FCF | 5.37 | ||
| P/OCF | 2.52 | ||
| P/B | 2.06 | ||
| P/tB | 4.79 | ||
| EV/EBITDA | 3.77 |
EPS(TTM)9.95
EY14.66%
EPS(NY)10.67
Fwd EY15.72%
FCF(TTM)12.63
FCFY18.61%
OCF(TTM)26.97
OCFY39.74%
SpS151.04
BVpS33
TBVpS14.16
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
WACC8.72%
ROIC/WACC0.97
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-2.78%
EPS Next 2Y8.63%
EPS Next 3Y10.62%
EPS Next 5Y-0.61%
Revenue 1Y (TTM)5.31%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%5.38%
Revenue Next Year3.55%
Revenue Next 2Y5.47%
Revenue Next 3Y5.72%
Revenue Next 5Y2.87%
EBIT growth 1Y5.55%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year55.24%
EBIT Next 3Y24.13%
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%