UNIVERSAL LOGISTICS HOLDINGS (ULH) Stock Fundamental Analysis
USA - NASDAQ:ULH - US91388P1057 - Common Stock
23.81 USD
-1.11 (-4.45%)
23.81 USD
0 (0%)
Taking everything into account, ULH scores 4 out of 10 in our fundamental rating. ULH was compared to 42 industry peers in the Ground Transportation industry. While ULH has a great profitability rating, there are quite some concerns on its financial health. ULH is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ULH was profitable.
In the past year ULH had a positive cash flow from operations.
In the past 5 years ULH has always been profitable.
ULH 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 3.28%, ULH is in line with its industry, outperforming 59.52% of the companies in the same industry.
ULH has a Return On Equity of 9.34%. This is comparable to the rest of the industry: ULH outperforms 59.52% of its industry peers.
ULH has a Return On Invested Capital of 5.79%. This is in the better half of the industry: ULH outperforms 64.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ULH is significantly above the industry average of 7.92%.
The 3 year average ROIC (13.66%) for ULH is well above the current ROIC(5.79%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.28% | ||
| ROE | 9.34% | ||
| ROIC | 5.79% |
ROA(3y)9.56%
ROA(5y)7.94%
ROE(3y)25.09%
ROE(5y)23.94%
ROIC(3y)13.66%
ROIC(5y)11.58%
1.3 Margins
ULH has a better Profit Margin (3.66%) than 61.90% of its industry peers.
In the last couple of years the Profit Margin of ULH has grown nicely.
The Operating Margin of ULH (7.21%) is better than 64.29% of its industry peers.
In the last couple of years the Operating Margin of ULH has grown nicely.
ULH has a Gross Margin (38.75%) which is comparable to the rest of the industry.
ULH's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.21% | ||
| PM (TTM) | 3.66% | ||
| GM | 38.75% |
OM growth 3Y23.96%
OM growth 5Y20.97%
PM growth 3Y18.69%
PM growth 5Y23.13%
GM growth 3Y16.36%
GM growth 5Y8.71%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ULH is creating some value.
The number of shares outstanding for ULH remains at a similar level compared to 1 year ago.
ULH has less shares outstanding than it did 5 years ago.
ULH has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.95 indicates that ULH is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.95, ULH is in line with its industry, outperforming 45.24% of the companies in the same industry.
A Debt/Equity ratio of 1.07 is on the high side and indicates that ULH has dependencies on debt financing.
ULH has a worse Debt to Equity ratio (1.07) than 69.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.95 |
ROIC/WACC0.65
WACC8.89%
2.3 Liquidity
ULH has a Current Ratio of 1.28. This is a normal value and indicates that ULH is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.28, ULH is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
A Quick Ratio of 1.28 indicates that ULH should not have too much problems paying its short term obligations.
The Quick ratio of ULH (1.28) is better than 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
The earnings per share for ULH have decreased strongly by -49.07% in the last year.
The Earnings Per Share has been growing by 20.14% on average over the past years. This is a very strong growth
ULH shows a decrease in Revenue. In the last year, the revenue decreased by -5.56%.
ULH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.07% yearly.
EPS 1Y (TTM)-49.07%
EPS 3Y18.02%
EPS 5Y20.14%
EPS Q2Q%-72.65%
Revenue 1Y (TTM)-5.56%
Revenue growth 3Y1.78%
Revenue growth 5Y4.07%
Sales Q2Q%-14.79%
3.2 Future
ULH is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -32.52% yearly.
ULH is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.34% yearly.
EPS Next Y-75.15%
EPS Next 2Y-32.52%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-11.5%
Revenue Next 2Y-3.34%
Revenue Next 3YN/A
Revenue Next 5YN/A
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
Based on the Price/Earnings ratio of 9.64, the valuation of ULH can be described as reasonable.
Based on the Price/Earnings ratio, ULH is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ULH to the average of the S&P500 Index (27.20), we can say ULH is valued rather cheaply.
The Price/Forward Earnings ratio is 10.29, which indicates a very decent valuation of ULH.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ULH indicates a rather cheap valuation: ULH is cheaper than 90.48% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ULH to the average of the S&P500 Index (22.70), we can say ULH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 10.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ULH is valued cheaply inside the industry as 90.48% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.33 |
4.3 Compensation for Growth
ULH has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as ULH's earnings are expected to decrease with -32.52% in the coming years.
PEG (NY)N/A
PEG (5Y)0.48
EPS Next 2Y-32.52%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.67%, ULH has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.59, ULH pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.38, ULH is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
5.2 History
The dividend of ULH decreases each year by -4.84%.
ULH has been paying a dividend for at least 10 years, so it has a reliable track record.
ULH has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-4.84%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
ULH pays out 18.11% of its income as dividend. This is a sustainable payout ratio.
The Dividend Rate of ULH has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP18.11%
EPS Next 2Y-32.52%
EPS Next 3YN/A
23.81
-1.11 (-4.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners28.46%
Inst Owner Change3.81%
Ins Owners2.69%
Ins Owner Change1.3%
Market Cap626.92M
Analysts45
Price Target28.56 (19.95%)
Short Float %4.97%
Short Ratio8.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
Yearly Dividend0.42
Dividend Growth(5Y)-4.84%
DP18.11%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-29.69%
Min EPS beat(2)-52.56%
Max EPS beat(2)-6.81%
EPS beat(4)0
Avg EPS beat(4)-20.23%
Min EPS beat(4)-52.56%
Max EPS beat(4)-3.51%
EPS beat(8)3
Avg EPS beat(8)11.34%
EPS beat(12)5
Avg EPS beat(12)9.09%
EPS beat(16)9
Avg EPS beat(16)19.02%
Revenue beat(2)0
Avg Revenue beat(2)-3.83%
Min Revenue beat(2)-5.49%
Max Revenue beat(2)-2.16%
Revenue beat(4)1
Avg Revenue beat(4)-2.18%
Min Revenue beat(4)-8.86%
Max Revenue beat(4)7.78%
Revenue beat(8)4
Avg Revenue beat(8)1.25%
Revenue beat(12)6
Avg Revenue beat(12)0.4%
Revenue beat(16)10
Avg Revenue beat(16)3.26%
PT rev (1m)0%
PT rev (3m)-3.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-56.52%
EPS NY rev (1m)-35.9%
EPS NY rev (3m)-35.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.12%
Revenue NY rev (1m)-2.83%
Revenue NY rev (3m)-2.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 10.29 | ||
| P/S | 0.38 | ||
| P/FCF | N/A | ||
| P/OCF | 3.56 | ||
| P/B | 0.96 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 5.33 |
EPS(TTM)2.47
EY10.37%
EPS(NY)2.31
Fwd EY9.71%
FCF(TTM)-2.54
FCFYN/A
OCF(TTM)6.68
OCFY28.07%
SpS63.36
BVpS24.83
TBVpS11.75
PEG (NY)N/A
PEG (5Y)0.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.28% | ||
| ROE | 9.34% | ||
| ROCE | 7.75% | ||
| ROIC | 5.79% | ||
| ROICexc | 5.92% | ||
| ROICexgc | 7.66% | ||
| OM | 7.21% | ||
| PM (TTM) | 3.66% | ||
| GM | 38.75% | ||
| FCFM | N/A |
ROA(3y)9.56%
ROA(5y)7.94%
ROE(3y)25.09%
ROE(5y)23.94%
ROIC(3y)13.66%
ROIC(5y)11.58%
ROICexc(3y)14.26%
ROICexc(5y)12.02%
ROICexgc(3y)19.37%
ROICexgc(5y)16.85%
ROCE(3y)18.27%
ROCE(5y)15.5%
ROICexcg growth 3Y-0.04%
ROICexcg growth 5Y5.09%
ROICexc growth 3Y3.57%
ROICexc growth 5Y9.67%
OM growth 3Y23.96%
OM growth 5Y20.97%
PM growth 3Y18.69%
PM growth 5Y23.13%
GM growth 3Y16.36%
GM growth 5Y8.71%
F-Score5
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.7 | ||
| Cap/Depr | 175.42% | ||
| Cap/Sales | 14.55% | ||
| Interest Coverage | 3.03 | ||
| Cash Conversion | 68.05% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.28 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 1.95 |
F-Score5
WACC8.89%
ROIC/WACC0.65
Cap/Depr(3y)222.51%
Cap/Depr(5y)169.48%
Cap/Sales(3y)11.3%
Cap/Sales(5y)8.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-49.07%
EPS 3Y18.02%
EPS 5Y20.14%
EPS Q2Q%-72.65%
EPS Next Y-75.15%
EPS Next 2Y-32.52%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.56%
Revenue growth 3Y1.78%
Revenue growth 5Y4.07%
Sales Q2Q%-14.79%
Revenue Next Year-11.5%
Revenue Next 2Y-3.34%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-37.74%
EBIT growth 3Y26.16%
EBIT growth 5Y25.89%
EBIT Next Year10.61%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-174.43%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-29.36%
OCF growth 3Y10.49%
OCF growth 5Y-2.57%