UNIVERSAL LOGISTICS HOLDINGS (ULH) Stock Fundamental Analysis
NASDAQ:ULH - Nasdaq - US91388P1057 - Common Stock - Currency: USD
Taking everything into account, ULH scores 6 out of 10 in our fundamental rating. ULH was compared to 39 industry peers in the Ground Transportation industry. ULH scores excellent on profitability, but there are some minor concerns on its financial health. ULH is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ULH was profitable.
ULH had a positive operating cash flow in the past year.
Each year in the past 5 years ULH has been profitable.
ULH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 8.43%, ULH belongs to the best of the industry, outperforming 81.58% of the companies in the same industry.
ULH's Return On Equity of 20.78% is fine compared to the rest of the industry. ULH outperforms 76.32% of its industry peers.
ULH's Return On Invested Capital of 12.05% is amongst the best of the industry. ULH outperforms 86.84% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ULH is significantly above the industry average of 7.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.43% | ||
| ROE | 20.78% | ||
| ROIC | 12.05% |
ROA(3y)9.56%
ROA(5y)7.94%
ROE(3y)25.09%
ROE(5y)23.94%
ROIC(3y)13.46%
ROIC(5y)11.47%
1.3 Margins
ULH has a Profit Margin of 7.40%. This is in the better half of the industry: ULH outperforms 65.79% of its industry peers.
ULH's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 11.44%, ULH is in the better half of the industry, outperforming 71.05% of the companies in the same industry.
ULH's Operating Margin has improved in the last couple of years.
ULH has a Gross Margin of 40.76%. This is comparable to the rest of the industry: ULH outperforms 52.63% of its industry peers.
In the last couple of years the Gross Margin of ULH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.44% | ||
| PM (TTM) | 7.4% | ||
| GM | 40.76% |
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
ULH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, ULH has about the same amount of shares outstanding.
ULH has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ULH has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.68 indicates that ULH is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.68, ULH is doing good in the industry, outperforming 60.53% of the companies in the same industry.
ULH has a Debt/Equity ratio of 0.75. This is a neutral value indicating ULH is somewhat dependend on debt financing.
The Debt to Equity ratio of ULH (0.75) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.68 |
ROIC/WACC1.34
WACC9.02%
2.3 Liquidity
A Current Ratio of 1.36 indicates that ULH should not have too much problems paying its short term obligations.
ULH has a Current ratio of 1.36. This is in the better half of the industry: ULH outperforms 71.05% of its industry peers.
A Quick Ratio of 1.36 indicates that ULH should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.36, ULH is doing good in the industry, outperforming 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 43.50% over the past year.
ULH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.14% yearly.
ULH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.06%.
The Revenue has been growing slightly by 4.07% on average over the past years.
EPS 1Y (TTM)43.5%
EPS 3Y18.02%
EPS 5Y20.14%
EPS Q2Q%-4.94%
Revenue 1Y (TTM)11.06%
Revenue growth 3Y1.78%
Revenue growth 5Y4.07%
Sales Q2Q%18.98%
3.2 Future
Based on estimates for the next years, ULH will show a very negative growth in Earnings Per Share. The EPS will decrease by -11.38% on average per year.
Based on estimates for the next years, ULH will show a small growth in Revenue. The Revenue will grow by 4.79% on average per year.
EPS Next Y-44.13%
EPS Next 2Y-11.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.66%
Revenue Next 2Y4.79%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
ULH is valuated cheaply with a Price/Earnings ratio of 5.43.
Compared to the rest of the industry, the Price/Earnings ratio of ULH indicates a rather cheap valuation: ULH is cheaper than 97.37% of the companies listed in the same industry.
ULH is valuated cheaply when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.72, the valuation of ULH can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ULH indicates a rather cheap valuation: ULH is cheaper than 94.74% of the companies listed in the same industry.
ULH is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.43 | ||
| Fwd PE | 9.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ULH is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.08 |
4.3 Compensation for Growth
The excellent profitability rating of ULH may justify a higher PE ratio.
ULH's earnings are expected to decrease with -11.38% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.27
EPS Next 2Y-11.38%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ULH has a Yearly Dividend Yield of 1.49%.
In the last 3 months the price of ULH has falen by -45.27%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
ULH's Dividend Yield is a higher than the industry average which is at 1.37.
ULH's Dividend Yield is slightly below the S&P500 average, which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
5.2 History
The dividend of ULH has a limited annual growth rate of 1.81%.
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)1.81%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
ULH pays out 8.41% of its income as dividend. This is a sustainable payout ratio.
DP8.41%
EPS Next 2Y-11.38%
EPS Next 3YN/A
27.59
-0.67 (-2.37%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners27.99%
Inst Owner Change3.41%
Ins Owners2.44%
Ins Owner Change6.31%
Market Cap726.17M
Analysts45
Price Target37.74 (36.79%)
Short Float %2.5%
Short Ratio3.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
Yearly Dividend0.42
Dividend Growth(5Y)1.81%
DP8.41%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.95%
Min EPS beat(2)-3.51%
Max EPS beat(2)1.62%
EPS beat(4)3
Avg EPS beat(4)45.24%
Min EPS beat(4)-3.51%
Max EPS beat(4)169.9%
EPS beat(8)4
Avg EPS beat(8)18.8%
EPS beat(12)8
Avg EPS beat(12)30.56%
EPS beat(16)12
Avg EPS beat(16)27.11%
Revenue beat(2)0
Avg Revenue beat(2)-4.87%
Min Revenue beat(2)-8.86%
Max Revenue beat(2)-0.87%
Revenue beat(4)2
Avg Revenue beat(4)2.45%
Min Revenue beat(4)-8.86%
Max Revenue beat(4)16.93%
Revenue beat(8)4
Avg Revenue beat(8)0.43%
Revenue beat(12)8
Avg Revenue beat(12)3.11%
Revenue beat(16)12
Avg Revenue beat(16)4.09%
PT rev (1m)4.76%
PT rev (3m)-4.35%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-39.31%
EPS NY rev (3m)-39.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.43 | ||
| Fwd PE | 9.72 | ||
| P/S | 0.41 | ||
| P/FCF | N/A | ||
| P/OCF | 7.14 | ||
| P/B | 1.15 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 4.08 |
EPS(TTM)5.08
EY18.41%
EPS(NY)2.84
Fwd EY10.29%
FCF(TTM)-5.99
FCFYN/A
OCF(TTM)3.86
OCFY14%
SpS67.32
BVpS23.97
TBVpS15.53
PEG (NY)N/A
PEG (5Y)0.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.43% | ||
| ROE | 20.78% | ||
| ROCE | 16.11% | ||
| ROIC | 12.05% | ||
| ROICexc | 12.28% | ||
| ROICexgc | 14.97% | ||
| OM | 11.44% | ||
| PM (TTM) | 7.4% | ||
| GM | 40.76% | ||
| FCFM | N/A |
ROA(3y)9.56%
ROA(5y)7.94%
ROE(3y)25.09%
ROE(5y)23.94%
ROIC(3y)13.46%
ROIC(5y)11.47%
ROICexc(3y)14.05%
ROICexc(5y)11.9%
ROICexgc(3y)18%
ROICexgc(5y)16.03%
ROCE(3y)18.01%
ROCE(5y)15.34%
ROICexcg growth 3Y-10.84%
ROICexcg growth 5Y-1.87%
ROICexc growth 3Y1.52%
ROICexc growth 5Y8.36%
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 Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 240.66% | ||
| Cap/Sales | 14.63% | ||
| Interest Coverage | 7.59 | ||
| Cash Conversion | 32.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 2.68 |
F-Score5
WACC9.02%
ROIC/WACC1.34
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)43.5%
EPS 3Y18.02%
EPS 5Y20.14%
EPS Q2Q%-4.94%
EPS Next Y-44.13%
EPS Next 2Y-11.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)11.06%
Revenue growth 3Y1.78%
Revenue growth 5Y4.07%
Sales Q2Q%18.98%
Revenue Next Year0.66%
Revenue Next 2Y4.79%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y26.97%
EBIT growth 3Y26.16%
EBIT growth 5Y25.89%
EBIT Next Year41%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-2452.06%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-55.81%
OCF growth 3YN/A
OCF growth 5YN/A