UNITED AIRLINES HOLDINGS INC (UAL1.DE) Stock Fundamental Analysis
Europe - FRA:UAL1 - US9100471096 - Common Stock
88.79 EUR
+1.42 (+1.63%)
We assign a fundamental rating of 3 out of 10 to UAL1. UAL1 was compared to 13 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
In the past year UAL1 was profitable.
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.
Of the past 5 years UAL1 4 years had a positive operating cash flow.
1.2 Ratios
UAL1 has a better Return On Assets (4.29%) than 61.54% of its industry peers.
UAL1's Return On Equity of 24.75% is fine compared to the rest of the industry. UAL1 outperforms 69.23% of its industry peers.
With a decent Return On Invested Capital value of 8.57%, UAL1 is doing good in the industry, outperforming 69.23% of the companies in the same industry.
UAL1 had an Average Return On Invested Capital over the past 3 years of 6.63%. This is below the industry average of 9.96%.
The last Return On Invested Capital (8.57%) for UAL1 is above the 3 year average (6.63%), which is a sign of increasing profitability.
| 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 69.23% of its industry peers.
UAL1's Profit Margin has declined in the last couple of years.
UAL1 has a better Operating Margin (9.32%) than 69.23% of its industry peers.
UAL1's Operating Margin has declined in the last couple of years.
The Gross Margin of UAL1 (64.15%) is better than 84.62% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UAL1 is destroying 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
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 6.70, which is on the high side as it means it would take UAL1, 6.70 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.70, UAL1 is in line with its industry, outperforming 53.85% of the companies in the same industry.
A Debt/Equity ratio of 1.56 is on the high side and indicates that UAL1 has dependencies on debt financing.
UAL1 has a Debt to Equity ratio of 1.56. This is comparable to the rest of the industry: UAL1 outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 6.7 | ||
| Altman-Z | N/A |
ROIC/WACC0.99
WACC8.66%
2.3 Liquidity
UAL1 has a Current 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 Current ratio of 0.70. This is in the better half of the industry: UAL1 outperforms 69.23% of its industry peers.
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.
Looking at the Quick ratio, with a value of 0.65, UAL1 is in line with its industry, outperforming 46.15% of the companies in the same 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.
UAL1 shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.65% yearly.
UAL1 shows a small growth in Revenue. In the last year, the Revenue has grown by 4.23%.
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)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
UAL1 is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.61% yearly.
The Revenue is expected to grow by 2.88% on average over the next years.
EPS Next Y-2.09%
EPS Next 2Y9.64%
EPS Next 3Y11.39%
EPS Next 5Y-0.61%
Revenue Next Year4.1%
Revenue Next 2Y5.87%
Revenue Next 3Y6.01%
Revenue Next 5Y2.88%
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.
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
A Price/Earnings ratio of 9.08 indicates a reasonable valuation of UAL1.
61.54% 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 27.53, UAL1 is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.11, the valuation of UAL1 can be described as very reasonable.
UAL1's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. UAL1 is more expensive than 61.54% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.04. UAL1 is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.08 | ||
| Fwd PE | 8.11 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UAL1 indicates a slightly more expensive valuation: UAL1 is more expensive than 76.92% of the companies listed in the same industry.
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 | 8.26 | ||
| EV/EBITDA | 4.63 |
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 2Y9.64%
EPS Next 3Y11.39%
5. Dividend
5.1 Amount
UAL1 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:UAL1 (10/15/2025, 7:00:00 PM)
88.79
+1.42 (+1.63%)
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 Cap28.74B
Analysts82.22
Price Target96.56 (8.75%)
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)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)1.96%
PT rev (3m)13.17%
EPS NQ rev (1m)0.64%
EPS NQ rev (3m)-3.19%
EPS NY rev (1m)0.08%
EPS NY rev (3m)0.71%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)1.23%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.08 | ||
| Fwd PE | 8.11 | ||
| P/S | 0.58 | ||
| P/FCF | 8.26 | ||
| P/OCF | 3.46 | ||
| P/B | 2.5 | ||
| P/tB | 5.41 | ||
| EV/EBITDA | 4.63 |
EPS(TTM)9.78
EY11.01%
EPS(NY)10.94
Fwd EY12.33%
FCF(TTM)10.75
FCFY12.11%
OCF(TTM)25.65
OCFY28.88%
SpS154.12
BVpS35.54
TBVpS16.42
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
WACC8.66%
ROIC/WACC0.99
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-2.09%
EPS Next 2Y9.64%
EPS Next 3Y11.39%
EPS Next 5Y-0.61%
Revenue 1Y (TTM)4.23%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%1.67%
Revenue Next Year4.1%
Revenue Next 2Y5.87%
Revenue Next 3Y6.01%
Revenue Next 5Y2.88%
EBIT growth 1Y10.47%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year55.18%
EBIT Next 3Y23.65%
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%