UNITED AIRLINES HOLDINGS INC (UAL1.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:UAL1 - US9100471096 - Common Stock
82.99 EUR
+2.45 (+3.04%)
We assign a fundamental rating of 3 out of 10 to UAL1. UAL1 was compared to 13 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 expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year UAL1 was profitable.
In the past year UAL1 had a positive cash flow from operations.
In multiple years UAL1 reported negative net income over the last 5 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 4.32%, UAL1 is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
The Return On Equity of UAL1 (23.02%) is better than 69.23% of its industry peers.
UAL1 has a Return On Invested Capital (8.02%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for UAL1 is below the industry average of 9.99%.
The last Return On Invested Capital (8.02%) for UAL1 is above the 3 year average (6.63%), which is a sign of increasing profitability.
| 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
UAL1 has a Profit Margin of 5.64%. This is in the better half of the industry: UAL1 outperforms 69.23% of its industry peers.
In the last couple of years the Profit Margin of UAL1 has declined.
UAL1's Operating Margin of 8.85% is fine compared to the rest of the industry. UAL1 outperforms 69.23% of its industry peers.
In the last couple of years the Operating Margin of UAL1 has declined.
UAL1 has a better Gross Margin (64.08%) than 84.62% 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 | 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
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.
UAL1 has more shares outstanding than it did 5 years ago.
UAL1 has a better debt/assets ratio than last year.
2.2 Solvency
UAL1 has a debt to FCF ratio of 6.85. This is a slightly negative value and a sign of low solvency as UAL1 would need 6.85 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.85, UAL1 is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
A Debt/Equity ratio of 1.45 is on the high side and indicates that UAL1 has dependencies on debt financing.
The Debt to Equity ratio of UAL1 (1.45) is better than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 6.85 | ||
| Altman-Z | N/A |
ROIC/WACC0.97
WACC8.29%
2.3 Liquidity
A Current Ratio of 0.67 indicates that UAL1 may have some problems paying its short term obligations.
The Current ratio of UAL1 (0.67) is better than 61.54% of its industry peers.
A Quick Ratio of 0.61 indicates that UAL1 may have some problems paying its short term obligations.
UAL1's Quick ratio of 0.61 is in line compared to the rest of the industry. UAL1 outperforms 46.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
UAL1 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.09%, which is quite good.
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
UAL1 is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.37% yearly.
UAL1 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.99% yearly.
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 8.86.
Based on the Price/Earnings ratio, UAL1 is valued a bit more expensive than 61.54% of the companies in the same industry.
When comparing the Price/Earnings ratio of UAL1 to the average of the S&P500 Index (25.65), we can say UAL1 is valued rather cheaply.
A Price/Forward Earnings ratio of 7.29 indicates a rather cheap valuation of UAL1.
Based on the Price/Forward Earnings ratio, UAL1 is valued a bit more expensive than the industry average as 61.54% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.45, UAL1 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 7.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UAL1 is valued a bit more expensive than the industry average as 69.23% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, UAL1 is valued a bit more expensive than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.36 | ||
| EV/EBITDA | 4.51 |
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)2.77
PEG (5Y)N/A
EPS Next 2Y11.43%
EPS Next 3Y11.45%
5. Dividend
5.1 Amount
No dividends for UAL1!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:UAL1 (11/24/2025, 7:00:00 PM)
82.99
+2.45 (+3.04%)
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 Cap26.87B
Revenue(TTM)58.37B
Net Income(TTM)3.29B
Analysts81.48
Price Target109.1 (31.46%)
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)12.99%
PT rev (3m)15.2%
EPS NQ rev (1m)-0.05%
EPS NQ rev (3m)14.73%
EPS NY rev (1m)0.1%
EPS NY rev (3m)5.49%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)2.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 7.29 | ||
| P/S | 0.53 | ||
| P/FCF | 8.36 | ||
| P/OCF | 3.31 | ||
| P/B | 2.17 | ||
| P/tB | 4.36 | ||
| EV/EBITDA | 4.51 |
EPS(TTM)9.37
EY11.29%
EPS(NY)11.38
Fwd EY13.71%
FCF(TTM)9.93
FCFY11.96%
OCF(TTM)25.07
OCFY30.21%
SpS156.18
BVpS38.29
TBVpS19.05
PEG (NY)2.77
PEG (5Y)N/A
Graham Number89.84
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
WACC8.29%
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)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.