UNITEDHEALTH GROUP INC (UNH.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:UNH • US91324P1021
243.4 EUR
+0.7 (+0.29%)
Last: Jan 30, 2026, 02:44 PM
Taking everything into account, UNH scores 5 out of 10 in our fundamental rating. UNH was compared to 26 industry peers in the Health Care Providers & Services industry. UNH has an average financial health and profitability rating. UNH is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year UNH was profitable.
- In the past year UNH had a positive cash flow from operations.
- In the past 5 years UNH has always been profitable.
- UNH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 5.58%, UNH belongs to the best of the industry, outperforming 88.46% of the companies in the same industry.
- UNH has a Return On Equity of 18.36%. This is amongst the best in the industry. UNH outperforms 92.31% of its industry peers.
- UNH has a better Return On Invested Capital (7.55%) than 76.92% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for UNH is above the industry average of 6.45%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.58% | ||
| ROE | 18.36% | ||
| ROIC | 7.55% |
ROA(3y)7.06%
ROA(5y)7.43%
ROE(3y)22.21%
ROE(5y)22.85%
ROIC(3y)10.14%
ROIC(5y)10.16%
1.3 Margins
- UNH has a better Profit Margin (4.04%) than 69.23% of its industry peers.
- UNH's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 6.06%, UNH is in line with its industry, outperforming 57.69% of the companies in the same industry.
- In the last couple of years the Operating Margin of UNH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.06% | ||
| PM (TTM) | 4.04% | ||
| GM | N/A |
OM growth 3Y-1.09%
OM growth 5Y-0.16%
PM growth 3Y-15.71%
PM growth 5Y-8.84%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), UNH is creating some value.
- UNH has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, UNH has less shares outstanding
- Compared to 1 year ago, UNH has a worse debt to assets ratio.
2.2 Solvency
- UNH has an Altman-Z score of 2.80. This is not the best score and indicates that UNH is in the grey zone with still only limited risk for bankruptcy at the moment.
- UNH has a Altman-Z score of 2.80. This is in the better half of the industry: UNH outperforms 73.08% of its industry peers.
- UNH has a debt to FCF ratio of 4.61. This is a neutral value as UNH would need 4.61 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 4.61, UNH belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
- UNH has a Debt/Equity ratio of 0.76. This is a neutral value indicating UNH is somewhat dependend on debt financing.
- The Debt to Equity ratio of UNH (0.76) is better than 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 4.61 | ||
| Altman-Z | 2.8 |
ROIC/WACC0.88
WACC8.56%
2.3 Liquidity
- A Current Ratio of 0.95 indicates that UNH may have some problems paying its short term obligations.
- With a Current ratio value of 0.95, UNH perfoms like the industry average, outperforming 57.69% of the companies in the same industry.
- UNH has a Quick Ratio of 0.95. This is a bad value and indicates that UNH is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of UNH (0.95) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
- The earnings per share for UNH have decreased strongly by -22.96% in the last year.
- Measured over the past years, UNH shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.07% on average per year.
- The Revenue has grown by 10.48% in the past year. This is quite good.
- UNH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.57% yearly.
EPS 1Y (TTM)-22.96%
EPS 3Y13.67%
EPS 5Y13.07%
EPS Q2Q%-59.16%
Revenue 1Y (TTM)10.48%
Revenue growth 3Y11.65%
Revenue growth 5Y10.57%
Sales Q2Q%12.24%
3.2 Future
- The Earnings Per Share is expected to grow by 2.69% on average over the next years.
- Based on estimates for the next years, UNH will show a small growth in Revenue. The Revenue will grow by 6.13% on average per year.
EPS Next Y-40.97%
EPS Next 2Y-19.89%
EPS Next 3Y-8.96%
EPS Next 5Y2.69%
Revenue Next Year11.72%
Revenue Next 2Y6.48%
Revenue Next 3Y6.03%
Revenue Next 5Y6.13%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 13.86, which indicates a correct valuation of UNH.
- UNH's Price/Earnings ratio is a bit cheaper when compared to the industry. UNH is cheaper than 69.23% of the companies in the same industry.
- UNH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.39.
- UNH is valuated correctly with a Price/Forward Earnings ratio of 16.26.
- UNH's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 25.72. UNH is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.86 | ||
| Fwd PE | 16.26 |
4.2 Price Multiples
- UNH's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. UNH is more expensive than 61.54% of the companies in the same industry.
- UNH's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.18 | ||
| EV/EBITDA | 10.31 |
4.3 Compensation for Growth
- The decent profitability rating of UNH may justify a higher PE ratio.
- A cheap valuation may be justified as UNH's earnings are expected to decrease with -8.96% in the coming years.
PEG (NY)N/A
PEG (5Y)1.06
EPS Next 2Y-19.89%
EPS Next 3Y-8.96%
5. Dividend
5.1 Amount
- UNH has a Yearly Dividend Yield of 2.49%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.72, UNH pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, UNH pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.49% |
5.2 History
- On average, the dividend of UNH grows each year by 14.73%, which is quite nice.
Dividend Growth(5Y)14.73%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- 44.61% of the earnings are spent on dividend by UNH. This is a bit on the high side, but may be sustainable.
- UNH's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP44.61%
EPS Next 2Y-19.89%
EPS Next 3Y-8.96%
UNITEDHEALTH GROUP INC / UNH.DE FAQ
Can you provide the ChartMill fundamental rating for UNITEDHEALTH GROUP INC?
ChartMill assigns a fundamental rating of 5 / 10 to UNH.DE.
Can you provide the valuation status for UNITEDHEALTH GROUP INC?
ChartMill assigns a valuation rating of 3 / 10 to UNITEDHEALTH GROUP INC (UNH.DE). This can be considered as Overvalued.
Can you provide the profitability details for UNITEDHEALTH GROUP INC?
UNITEDHEALTH GROUP INC (UNH.DE) has a profitability rating of 6 / 10.
What are the PE and PB ratios of UNITEDHEALTH GROUP INC (UNH.DE) stock?
The Price/Earnings (PE) ratio for UNITEDHEALTH GROUP INC (UNH.DE) is 13.86 and the Price/Book (PB) ratio is 2.75.
Is the dividend of UNITEDHEALTH GROUP INC sustainable?
The dividend rating of UNITEDHEALTH GROUP INC (UNH.DE) is 6 / 10 and the dividend payout ratio is 44.61%.