UNITED AIRLINES HOLDINGS INC (UAL1.DE) Stock Fundamental Analysis
Europe - FRA:UAL1 - US9100471096 - Common Stock
83.83 EUR
+0.54 (+0.65%)
Taking everything into account, UAL1 scores 3 out of 10 in our fundamental rating. UAL1 was compared to 12 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 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.
UAL1 had a positive operating cash flow in the past year.
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
With a decent Return On Assets value of 4.32%, UAL1 is doing good in the industry, outperforming 66.67% of the companies in the same industry.
UAL1's Return On Equity of 23.02% is fine compared to the rest of the industry. UAL1 outperforms 66.67% of its industry peers.
UAL1 has a Return On Invested Capital of 8.02%. This is comparable to the rest of the industry: UAL1 outperforms 58.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for UAL1 is below the industry average of 9.54%.
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 75.00% of its industry peers.
In the last couple of years the Profit Margin of UAL1 has declined.
With a decent Operating Margin value of 8.85%, UAL1 is doing good in the industry, outperforming 75.00% of the companies in the same industry.
UAL1's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 64.08%, UAL1 is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
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.
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
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.
UAL1 has a Debt to FCF ratio (6.85) which is in line with its industry peers.
UAL1 has a Debt/Equity ratio of 1.45. This is a high value indicating a heavy dependency on external financing.
UAL1's Debt to Equity ratio of 1.45 is in line compared to the rest of the industry. UAL1 outperforms 58.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 6.85 | ||
| Altman-Z | N/A |
ROIC/WACC0.95
WACC8.44%
2.3 Liquidity
A Current Ratio of 0.67 indicates that UAL1 may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.67, UAL1 is in line with its industry, outperforming 58.33% of the companies in the same industry.
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 comparable to the rest of the industry: UAL1 outperforms 41.67% 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.
UAL1 shows a small growth in Revenue. In the last year, the Revenue has grown by 4.24%.
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 -0.61% on average over the next years.
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 Y3.1%
EPS Next 2Y11.18%
EPS Next 3Y11.75%
EPS Next 5Y-0.61%
Revenue Next Year4.32%
Revenue Next 2Y6.01%
Revenue Next 3Y6.07%
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
With a Price/Earnings ratio of 8.90, the valuation of UAL1 can be described as very reasonable.
Based on the Price/Earnings ratio, UAL1 is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.13, UAL1 is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.37, the valuation of UAL1 can be described as very cheap.
The rest of the industry has a similar Price/Forward Earnings ratio as UAL1.
The average S&P500 Price/Forward Earnings ratio is at 22.35. UAL1 is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.9 | ||
| Fwd PE | 7.37 |
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 66.67% of the companies listed in the same industry.
UAL1's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.4 | ||
| 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)2.87
PEG (5Y)N/A
EPS Next 2Y11.18%
EPS Next 3Y11.75%
5. Dividend
5.1 Amount
No dividends for UAL1!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:UAL1 (11/5/2025, 7:00:00 PM)
83.83
+0.54 (+0.65%)
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 Cap27.14B
Revenue(TTM)58.37B
Net Income(TTM)3.29B
Analysts82.22
Price Target109.94 (31.15%)
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)17.35%
PT rev (3m)25.8%
EPS NQ rev (1m)14.49%
EPS NQ rev (3m)14.42%
EPS NY rev (1m)5.3%
EPS NY rev (3m)7.68%
Revenue NQ rev (1m)2.11%
Revenue NQ rev (3m)2.32%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)0.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.9 | ||
| Fwd PE | 7.37 | ||
| P/S | 0.53 | ||
| P/FCF | 8.4 | ||
| P/OCF | 3.33 | ||
| P/B | 2.18 | ||
| P/tB | 4.38 | ||
| EV/EBITDA | 4.43 |
EPS(TTM)9.42
EY11.24%
EPS(NY)11.38
Fwd EY13.58%
FCF(TTM)9.98
FCFY11.9%
OCF(TTM)25.19
OCFY30.05%
SpS156.9
BVpS38.46
TBVpS19.14
PEG (NY)2.87
PEG (5Y)N/A
Graham Number90.29
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
WACC8.44%
ROIC/WACC0.95
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 Y3.1%
EPS Next 2Y11.18%
EPS Next 3Y11.75%
EPS Next 5Y-0.61%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%2.57%
Revenue Next Year4.32%
Revenue Next 2Y6.01%
Revenue Next 3Y6.07%
Revenue Next 5Y2.88%
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 4 / 10 to UNITED AIRLINES HOLDINGS INC (UAL1.DE). This can be considered as Fairly Valued.
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 3.1% in the next year.