U-HAUL HOLDING CO (UHAL) Stock Fundamental Analysis
NYSE:UHAL - New York Stock Exchange, Inc. - US0235861004 - Common Stock - Currency: USD
Taking everything into account, UHAL scores 2 out of 10 in our fundamental rating. UHAL was compared to 40 industry peers in the Ground Transportation industry. While UHAL is still in line with the averages on profitability rating, there are concerns on its financial health. UHAL is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year UHAL was profitable.
In the past year UHAL had a positive cash flow from operations.
UHAL had positive earnings in each of the past 5 years.
UHAL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.79%, UHAL is in line with its industry, outperforming 45.00% of the companies in the same industry.
UHAL's Return On Equity of 4.90% is in line compared to the rest of the industry. UHAL outperforms 47.50% of its industry peers.
UHAL has a Return On Invested Capital (2.96%) which is in line with its industry peers.
UHAL had an Average Return On Invested Capital over the past 3 years of 4.65%. This is below the industry average of 8.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.79% | ||
| ROE | 4.9% | ||
| ROIC | 2.96% |
ROA(3y)3.39%
ROA(5y)4.17%
ROE(3y)9.27%
ROE(5y)11.9%
ROIC(3y)4.65%
ROIC(5y)5.52%
1.3 Margins
UHAL's Profit Margin of 6.30% is fine compared to the rest of the industry. UHAL outperforms 72.50% of its industry peers.
In the last couple of years the Profit Margin of UHAL has declined.
With a decent Operating Margin value of 12.56%, UHAL is doing good in the industry, outperforming 77.50% of the companies in the same industry.
In the last couple of years the Operating Margin of UHAL has declined.
With a Gross Margin value of 36.65%, UHAL perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
UHAL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.56% | ||
| PM (TTM) | 6.3% | ||
| GM | 36.65% |
OM growth 3Y-23.98%
OM growth 5Y-1.52%
PM growth 3Y-31.47%
PM growth 5Y-10.73%
GM growth 3Y-7.02%
GM growth 5Y-0.86%
2. Health
2.1 Basic Checks
UHAL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
UHAL has about the same amout of shares outstanding than it did 1 year ago.
UHAL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, UHAL has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.49, we must say that UHAL is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.49, UHAL is not doing good in the industry: 67.50% of the companies in the same industry are doing better.
UHAL has a Debt/Equity ratio of 0.96. This is a neutral value indicating UHAL is somewhat dependend on debt financing.
UHAL's Debt to Equity ratio of 0.96 is on the low side compared to the rest of the industry. UHAL is outperformed by 67.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.49 |
ROIC/WACC0.33
WACC8.86%
2.3 Liquidity
UHAL has a Current Ratio of 0.80. This is a bad value and indicates that UHAL is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of UHAL (0.80) is worse than 75.00% of its industry peers.
UHAL has a Quick Ratio of 0.80. This is a bad value and indicates that UHAL is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.71, UHAL is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
UHAL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -78.59%.
UHAL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -40.34% yearly.
The Revenue has been growing slightly by 3.61% in the past year.
Measured over the past years, UHAL shows a small growth in Revenue. The Revenue has been growing by 7.93% on average per year.
EPS 1Y (TTM)-78.59%
EPS 3Y-69.04%
EPS 5Y-40.34%
EPS Q2Q%-820%
Revenue 1Y (TTM)3.61%
Revenue growth 3Y0.51%
Revenue growth 5Y7.93%
Sales Q2Q%4.61%
3.2 Future
UHAL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 36.73% yearly.
Based on estimates for the next years, UHAL will show a small growth in Revenue. The Revenue will grow by 3.49% on average per year.
EPS Next Y37.25%
EPS Next 2Y29.5%
EPS Next 3Y36.73%
EPS Next 5YN/A
Revenue Next Year5.47%
Revenue Next 2Y5.2%
Revenue Next 3Y3.49%
Revenue Next 5YN/A
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
Based on the Price/Earnings ratio of 36.42, the valuation of UHAL can be described as expensive.
UHAL's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.30, UHAL is valued a bit more expensive.
A Price/Forward Earnings ratio of 26.53 indicates a quite expensive valuation of UHAL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UHAL is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of UHAL to the average of the S&P500 Index (21.76), we can say UHAL is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.42 | ||
| Fwd PE | 26.53 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as UHAL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.8 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
UHAL's earnings are expected to grow with 36.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.98
PEG (5Y)N/A
EPS Next 2Y29.5%
EPS Next 3Y36.73%
5. Dividend
5.1 Amount
No dividends for UHAL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
61.91
-0.3 (-0.48%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners37.88%
Inst Owner Change0%
Ins Owners6.66%
Ins Owner Change0%
Market Cap12.14B
Analysts45.71
Price Target92.32 (49.12%)
Short Float %12.13%
Short Ratio8.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.18
Dividend Growth(5Y)-34.3%
DP9.61%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-102%
Min EPS beat(2)-165.28%
Max EPS beat(2)-38.73%
EPS beat(4)0
Avg EPS beat(4)-65.48%
Min EPS beat(4)-165.28%
Max EPS beat(4)-25.49%
EPS beat(8)1
Avg EPS beat(8)6.23%
EPS beat(12)3
Avg EPS beat(12)74.36%
EPS beat(16)5
Avg EPS beat(16)61.94%
Revenue beat(2)2
Avg Revenue beat(2)4.95%
Min Revenue beat(2)0.55%
Max Revenue beat(2)9.35%
Revenue beat(4)2
Avg Revenue beat(4)1.17%
Min Revenue beat(4)-3.6%
Max Revenue beat(4)9.35%
Revenue beat(8)2
Avg Revenue beat(8)-0.63%
Revenue beat(12)3
Avg Revenue beat(12)-2.06%
Revenue beat(16)6
Avg Revenue beat(16)-0.35%
PT rev (1m)16.34%
PT rev (3m)18.94%
EPS NQ rev (1m)-10.57%
EPS NQ rev (3m)-27.82%
EPS NY rev (1m)-37.5%
EPS NY rev (3m)-35.74%
Revenue NQ rev (1m)-1.02%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.67%
Revenue NY rev (3m)3.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.42 | ||
| Fwd PE | 26.53 | ||
| P/S | 2.08 | ||
| P/FCF | N/A | ||
| P/OCF | 8.35 | ||
| P/B | 1.62 | ||
| P/tB | 1.62 | ||
| EV/EBITDA | 10.8 |
EPS(TTM)1.7
EY2.75%
EPS(NY)2.33
Fwd EY3.77%
FCF(TTM)-10.19
FCFYN/A
OCF(TTM)7.42
OCFY11.98%
SpS29.73
BVpS38.24
TBVpS38.24
PEG (NY)0.98
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.79% | ||
| ROE | 4.9% | ||
| ROCE | 3.9% | ||
| ROIC | 2.96% | ||
| ROICexc | 3.13% | ||
| ROICexgc | 3.16% | ||
| OM | 12.56% | ||
| PM (TTM) | 6.3% | ||
| GM | 36.65% | ||
| FCFM | N/A |
ROA(3y)3.39%
ROA(5y)4.17%
ROE(3y)9.27%
ROE(5y)11.9%
ROIC(3y)4.65%
ROIC(5y)5.52%
ROICexc(3y)5.17%
ROICexc(5y)6.28%
ROICexgc(3y)5.21%
ROICexgc(5y)6.33%
ROCE(3y)6.13%
ROCE(5y)7.28%
ROICexcg growth 3Y-31.35%
ROICexcg growth 5Y-2.92%
ROICexc growth 3Y-31.38%
ROICexc growth 5Y-2.92%
OM growth 3Y-23.98%
OM growth 5Y-1.52%
PM growth 3Y-31.47%
PM growth 5Y-10.73%
GM growth 3Y-7.02%
GM growth 5Y-0.86%
F-Score3
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.22 | ||
| Cap/Depr | 355.22% | ||
| Cap/Sales | 59.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.36% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 1.49 |
F-Score3
WACC8.86%
ROIC/WACC0.33
Cap/Depr(3y)364.1%
Cap/Depr(5y)323.19%
Cap/Sales(3y)52.96%
Cap/Sales(5y)45.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-78.59%
EPS 3Y-69.04%
EPS 5Y-40.34%
EPS Q2Q%-820%
EPS Next Y37.25%
EPS Next 2Y29.5%
EPS Next 3Y36.73%
EPS Next 5YN/A
Revenue 1Y (TTM)3.61%
Revenue growth 3Y0.51%
Revenue growth 5Y7.93%
Sales Q2Q%4.61%
Revenue Next Year5.47%
Revenue Next 2Y5.2%
Revenue Next 3Y3.49%
Revenue Next 5YN/A
EBIT growth 1Y-25.75%
EBIT growth 3Y-23.59%
EBIT growth 5Y6.3%
EBIT Next Year161.11%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-29.73%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y0.12%
OCF growth 3Y-9.25%
OCF growth 5Y6.22%