UNITED AIRLINES HOLDINGS INC (UAL1.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:UAL1 - US9100471096 - Common Stock
97.44 EUR
-1.02 (-1.04%)
Taking everything into account, UAL1 scores 3 out of 10 in our fundamental rating. 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 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.
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 (4.32%) than 61.54% of its industry peers.
With a Return On Equity value of 23.02%, UAL1 perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
UAL1's Return On Invested Capital of 8.02% is fine compared to the rest of the industry. UAL1 outperforms 61.54% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UAL1 is below the industry average of 9.36%.
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
UAL1 has a Profit Margin of 5.64%. This is in the better half of the industry: UAL1 outperforms 61.54% 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 61.54% of the companies in the same industry.
In the last couple of years the Operating Margin of UAL1 has declined.
UAL1 has a Gross Margin of 64.08%. This is in the better half of the industry: UAL1 outperforms 76.92% 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
UAL1 has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
Compared to 1 year ago, UAL1 has an improved debt to assets ratio.
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.
With a Debt to FCF ratio value of 6.85, UAL1 perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
UAL1 has a Debt/Equity ratio of 1.45. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.45, UAL1 perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 6.85 | ||
| Altman-Z | N/A |
ROIC/WACC0.92
WACC8.76%
2.3 Liquidity
UAL1 has a Current 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 Current ratio of 0.67. This is in the better half of the industry: UAL1 outperforms 61.54% of 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 comparable 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
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.
UAL1 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.70% yearly.
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
Based on estimates for the next years, UAL1 will show a decrease in Earnings Per Share. The EPS will decrease by -4.37% on average per year.
Based on estimates for the next years, UAL1 will show a small growth in Revenue. The Revenue will grow by 1.99% on average per year.
EPS Next Y0.41%
EPS Next 2Y11.07%
EPS Next 3Y11.92%
EPS Next 5Y-4.37%
Revenue Next Year4.11%
Revenue Next 2Y5.93%
Revenue Next 3Y6.09%
Revenue Next 5Y1.99%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.61 indicates a reasonable valuation of UAL1.
UAL1's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.92, UAL1 is valued rather cheaply.
UAL1 is valuated reasonably with a Price/Forward Earnings ratio of 8.80.
61.54% of the companies in the same industry are cheaper than UAL1, based on the Price/Forward Earnings ratio.
UAL1 is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.61 | ||
| Fwd PE | 8.8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UAL1 is valued a bit more expensive than the industry average as 61.54% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as UAL1.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.02 | ||
| EV/EBITDA | 5.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates UAL1 does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)25.64
PEG (5Y)N/A
EPS Next 2Y11.07%
EPS Next 3Y11.92%
5. Dividend
5.1 Amount
UAL1 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FRA:UAL1 (12/23/2025, 7:00:00 PM)
97.44
-1.02 (-1.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners90.93%
Inst Owner ChangeN/A
Ins Owners0.56%
Ins Owner ChangeN/A
Market Cap31.55B
Revenue(TTM)58.37B
Net Income(TTM)3.29B
Analysts81.48
Price Target108.45 (11.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)-0.6%
PT rev (3m)15.76%
EPS NQ rev (1m)-9.86%
EPS NQ rev (3m)3.82%
EPS NY rev (1m)-2.7%
EPS NY rev (3m)2.56%
Revenue NQ rev (1m)-0.83%
Revenue NQ rev (3m)1.38%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.61 | ||
| Fwd PE | 8.8 | ||
| P/S | 0.64 | ||
| P/FCF | 10.02 | ||
| P/OCF | 3.97 | ||
| P/B | 2.6 | ||
| P/tB | 5.22 | ||
| EV/EBITDA | 5.27 |
EPS(TTM)9.18
EY9.42%
EPS(NY)11.07
Fwd EY11.36%
FCF(TTM)9.73
FCFY9.98%
OCF(TTM)24.56
OCFY25.2%
SpS152.96
BVpS37.5
TBVpS18.66
PEG (NY)25.64
PEG (5Y)N/A
Graham Number88.01
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
WACC8.76%
ROIC/WACC0.92
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 Y0.41%
EPS Next 2Y11.07%
EPS Next 3Y11.92%
EPS Next 5Y-4.37%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y32.31%
Revenue growth 5Y5.7%
Sales Q2Q%2.57%
Revenue Next Year4.11%
Revenue Next 2Y5.93%
Revenue Next 3Y6.09%
Revenue Next 5Y1.99%
EBIT growth 1Y10.29%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year59.84%
EBIT Next 3Y24.4%
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 0.41% in the next year.