UNIVERSAL LOGISTICS HOLDINGS (ULH) Stock Fundamental Analysis
USA - NASDAQ:ULH - US91388P1057 - Common Stock
15.32 USD
-0.48 (-3.04%)
15.01 USD
-0.31 (-2.02%)
We assign a fundamental rating of 5 out of 10 to ULH. ULH was compared to 43 industry peers in the Ground Transportation industry. ULH has an excellent profitability rating, but there are concerns on its financial health. ULH has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ULH had positive earnings in the past year.
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
ULH has a better Return On Assets (3.28%) than 62.79% of its industry peers.
The Return On Equity of ULH (9.34%) is better than 62.79% of its industry peers.
The Return On Invested Capital of ULH (5.79%) is better than 67.44% of its industry peers.
ULH had an Average Return On Invested Capital over the past 3 years of 13.66%. This is significantly above the industry average of 7.65%.
The last Return On Invested Capital (5.79%) for ULH is well below the 3 year average (13.66%), which needs to be investigated, but indicates that ULH had better years and this may not be a problem.
| 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
The Profit Margin of ULH (3.66%) is better than 62.79% of its industry peers.
In the last couple of years the Profit Margin of ULH has grown nicely.
ULH's Operating Margin of 7.21% is fine compared to the rest of the industry. ULH outperforms 67.44% of its industry peers.
ULH's Operating Margin has improved in the last couple of years.
ULH's Gross Margin of 38.75% is in line compared to the rest of the industry. ULH outperforms 55.81% of its industry peers.
In the last couple of years the Gross Margin of ULH has grown nicely.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ULH is still 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 1.84 indicates that ULH is not a great score, but indicates only limited risk for bankruptcy at the moment.
ULH has a Altman-Z score (1.84) which is comparable to the rest of the industry.
ULH has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ULH (1.07) is worse than 69.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.84 |
ROIC/WACC0.66
WACC8.76%
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.
ULH has a better Current ratio (1.28) than 62.79% of its industry peers.
A Quick Ratio of 1.28 indicates that ULH should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.28, ULH is doing good in the industry, outperforming 62.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
ULH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -49.07%.
The Earnings Per Share has been growing by 20.14% on average over the past years. This is a very strong growth
Looking at the last year, ULH shows a decrease in Revenue. The Revenue has decreased by -5.56% in the last year.
The Revenue has been growing slightly by 4.07% on average over the past years.
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
The Earnings Per Share is expected to decrease by -40.18% on average over the next years. This is quite bad
ULH is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.34% yearly.
EPS Next Y-80.12%
EPS Next 2Y-40.18%
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
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.
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
The Price/Earnings ratio is 6.20, which indicates a rather cheap valuation of ULH.
Based on the Price/Earnings ratio, ULH is valued cheaper than 97.67% of the companies in the same industry.
ULH is valuated cheaply when we compare the Price/Earnings ratio to 25.67, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.43, which indicates a very decent valuation of ULH.
97.67% of the companies in the same industry are more expensive than ULH, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 31.86, ULH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.2 | ||
| Fwd PE | 8.43 |
4.2 Price Multiples
ULH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ULH is cheaper than 95.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.47 |
4.3 Compensation for Growth
ULH has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as ULH's earnings are expected to decrease with -40.18% in the coming years.
PEG (NY)N/A
PEG (5Y)0.31
EPS Next 2Y-40.18%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.66%, ULH has a reasonable but not impressive dividend return.
The stock price of ULH dropped by -34.16% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 1.69, ULH pays a better dividend. On top of this ULH pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, ULH has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
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.
ULH's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP18.11%
EPS Next 2Y-40.18%
EPS Next 3YN/A
15.32
-0.48 (-3.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners29.82%
Inst Owner Change-0.1%
Ins Owners2.69%
Ins Owner Change1.3%
Market Cap403.38M
Revenue(TTM)1.67B
Net Income(TTM)61.05M
Analysts45
Price Target24.48 (59.79%)
Short Float %4.26%
Short Ratio7.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
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)-14.29%
PT rev (3m)-17.24%
EPS NQ rev (1m)-40%
EPS NQ rev (3m)-40%
EPS NY rev (1m)-20%
EPS NY rev (3m)-48.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.2 | ||
| Fwd PE | 8.43 | ||
| P/S | 0.24 | ||
| P/FCF | N/A | ||
| P/OCF | 2.29 | ||
| P/B | 0.62 | ||
| P/tB | 1.3 | ||
| EV/EBITDA | 4.47 |
EPS(TTM)2.47
EY16.12%
EPS(NY)1.82
Fwd EY11.87%
FCF(TTM)-2.54
FCFYN/A
OCF(TTM)6.68
OCFY43.62%
SpS63.36
BVpS24.83
TBVpS11.75
PEG (NY)N/A
PEG (5Y)0.31
Graham Number37.15
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%
ROICexgc growth 3Y-0.04%
ROICexgc 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 | 1.84 |
F-Score5
WACC8.76%
ROIC/WACC0.66
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-80.12%
EPS Next 2Y-40.18%
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%
UNIVERSAL LOGISTICS HOLDINGS / ULH FAQ
What is the fundamental rating for ULH stock?
ChartMill assigns a fundamental rating of 5 / 10 to ULH.
Can you provide the valuation status for UNIVERSAL LOGISTICS HOLDINGS?
ChartMill assigns a valuation rating of 6 / 10 to UNIVERSAL LOGISTICS HOLDINGS (ULH). This can be considered as Fairly Valued.
What is the profitability of ULH stock?
UNIVERSAL LOGISTICS HOLDINGS (ULH) has a profitability rating of 8 / 10.
What is the valuation of UNIVERSAL LOGISTICS HOLDINGS based on its PE and PB ratios?
The Price/Earnings (PE) ratio for UNIVERSAL LOGISTICS HOLDINGS (ULH) is 6.2 and the Price/Book (PB) ratio is 0.62.
Can you provide the dividend sustainability for ULH stock?
The dividend rating of UNIVERSAL LOGISTICS HOLDINGS (ULH) is 5 / 10 and the dividend payout ratio is 18.11%.