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UWM HOLDINGS CORP (UWMC) Stock Fundamental Analysis

NYSE:UWMC - New York Stock Exchange, Inc. - US91823B1098 - Common Stock - Currency: USD

4.275  +0.13 (+3.01%)

Fundamental Rating

4

UWMC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 100 industry peers in the Financial Services industry. UWMC has a medium profitability rating, but doesn't score so well on its financial health evaluation. UWMC is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

UWMC had negative earnings in the past year.
UWMC had a negative operating cash flow in the past year.
UWMC had positive earnings in 4 of the past 5 years.
In multiple years UWMC reported negative operating cash flow during the last 5 years.
UWMC Yearly Net Income VS EBIT VS OCF VS FCFUWMC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B -10B

1.2 Ratios

Looking at the Return On Assets, with a value of -0.06%, UWMC is doing worse than 77.00% of the companies in the same industry.
The Return On Equity of UWMC (-4.86%) is worse than 83.00% of its industry peers.
With a decent Return On Invested Capital value of 7.74%, UWMC is doing good in the industry, outperforming 75.00% of the companies in the same industry.
UWMC had an Average Return On Invested Capital over the past 3 years of 6.93%. This is below the industry average of 11.84%.
The last Return On Invested Capital (7.74%) for UWMC is above the 3 year average (6.93%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -0.06%
ROE -4.86%
ROIC 7.74%
ROA(3y)0.1%
ROA(5y)6.03%
ROE(3y)8.71%
ROE(5y)47.58%
ROIC(3y)6.93%
ROIC(5y)11.31%
UWMC Yearly ROA, ROE, ROICUWMC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 50 100

1.3 Margins

UWMC's Profit Margin has declined in the last couple of years.
UWMC's Operating Margin of 47.63% is amongst the best of the industry. UWMC outperforms 89.00% of its industry peers.
In the last couple of years the Operating Margin of UWMC has grown nicely.
With an excellent Gross Margin value of 88.41%, UWMC belongs to the best of the industry, outperforming 92.00% of the companies in the same industry.
In the last couple of years the Gross Margin of UWMC has remained more or less at the same level.
Industry RankSector Rank
OM 47.63%
PM (TTM) N/A
GM 88.41%
OM growth 3Y-10.37%
OM growth 5Y1.99%
PM growth 3Y-42.03%
PM growth 5Y-55.95%
GM growth 3Y-2.21%
GM growth 5Y-1.33%
UWMC Yearly Profit, Operating, Gross MarginsUWMC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

2

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so UWMC is still creating some value.
UWMC has about the same amout of shares outstanding than it did 1 year ago.
UWMC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, UWMC has a worse debt to assets ratio.
UWMC Yearly Shares OutstandingUWMC Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B
UWMC Yearly Total Debt VS Total AssetsUWMC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

Based on the Altman-Z score of 0.78, we must say that UWMC is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.78, UWMC perfoms like the industry average, outperforming 54.00% of the companies in the same industry.
UWMC has a Debt/Equity ratio of 69.59. This is a high value indicating a heavy dependency on external financing.
UWMC has a worse Debt to Equity ratio (69.59) than 92.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 69.59
Debt/FCF N/A
Altman-Z 0.78
ROIC/WACC1.06
WACC7.33%
UWMC Yearly LT Debt VS Equity VS FCFUWMC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B 10B -10B 15B

2.3 Liquidity

UWMC has a Current Ratio of 0.82. This is a bad value and indicates that UWMC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.82, UWMC is in line with its industry, outperforming 43.00% of the companies in the same industry.
UWMC has a Quick Ratio of 0.82. This is a bad value and indicates that UWMC is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of UWMC (0.82) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.82
Quick Ratio 0.82
UWMC Yearly Current Assets VS Current LiabilitesUWMC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

6

3. Growth

3.1 Past

The earnings per share for UWMC have decreased strongly by -158.33% in the last year.
Measured over the past years, UWMC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -49.74% on average per year.
UWMC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.96%.
UWMC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.91% yearly.
EPS 1Y (TTM)-158.33%
EPS 3Y-42.85%
EPS 5Y-49.74%
EPS Q2Q%-233.33%
Revenue 1Y (TTM)19.96%
Revenue growth 3Y-9.08%
Revenue growth 5Y15.91%
Sales Q2Q%7.62%

3.2 Future

The Earnings Per Share is expected to grow by 62.78% on average over the next years. This is a very strong growth
UWMC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.32% yearly.
EPS Next Y56.88%
EPS Next 2Y83.88%
EPS Next 3Y62.78%
EPS Next 5YN/A
Revenue Next Year29.82%
Revenue Next 2Y22.07%
Revenue Next 3Y17.32%
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 stable.
UWMC Yearly Revenue VS EstimatesUWMC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B 4B
UWMC Yearly EPS VS EstimatesUWMC Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1 1.5

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for UWMC. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 9.03 indicates a reasonable valuation of UWMC.
65.00% of the companies in the same industry are more expensive than UWMC, based on the Price/Forward Earnings ratio.
UWMC is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.19, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 9.03
UWMC Price Earnings VS Forward Price EarningsUWMC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40 -60

4.2 Price Multiples

UWMC's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 13.13
UWMC Per share dataUWMC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 -2

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.
UWMC's earnings are expected to grow with 62.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y83.88%
EPS Next 3Y62.78%

5

5. Dividend

5.1 Amount

UWMC has a Yearly Dividend Yield of 9.64%, which is a nice return.
Compared to an average industry Dividend Yield of 4.86, UWMC pays a better dividend. On top of this UWMC pays more dividend than 94.00% of the companies listed in the same industry.
UWMC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
Industry RankSector Rank
Dividend Yield 9.64%

5.2 History

UWMC has been paying a dividend for over 5 years, so it has already some track record.
UWMC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
UWMC Yearly Dividends per shareUWMC Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 0 0 0 0 0

5.3 Sustainability

The earnings of UWMC are negative and hence is the payout ratio. UWMC will probably not be able to sustain this dividend level.
DP-576.68%
EPS Next 2Y83.88%
EPS Next 3Y62.78%
UWMC Yearly Income VS Free CF VS DividendUWMC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B -10B

UWM HOLDINGS CORP

NYSE:UWMC (7/14/2025, 3:42:08 PM)

4.275

+0.13 (+3.01%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)05-06 2025-05-06/bmo
Earnings (Next)08-04 2025-08-04/bmo
Inst Owners58.19%
Inst Owner Change0%
Ins Owners8.96%
Ins Owner Change11.87%
Market Cap6.84B
Analysts75.29
Price Target6.57 (53.68%)
Short Float %15.66%
Short Ratio4.28
Dividend
Industry RankSector Rank
Dividend Yield 9.64%
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP-576.68%
Div Incr Years0
Div Non Decr Years3
Ex-Date06-18 2025-06-18 (0.1)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-209.95%
Min EPS beat(2)-319.9%
Max EPS beat(2)-100%
EPS beat(4)0
Avg EPS beat(4)-137.28%
Min EPS beat(4)-319.9%
Max EPS beat(4)-42.07%
EPS beat(8)3
Avg EPS beat(8)-116.56%
EPS beat(12)5
Avg EPS beat(12)-60.82%
EPS beat(16)7
Avg EPS beat(16)-33.53%
Revenue beat(2)1
Avg Revenue beat(2)-2.11%
Min Revenue beat(2)-12.14%
Max Revenue beat(2)7.92%
Revenue beat(4)1
Avg Revenue beat(4)-5.41%
Min Revenue beat(4)-12.14%
Max Revenue beat(4)7.92%
Revenue beat(8)4
Avg Revenue beat(8)-10.88%
Revenue beat(12)7
Avg Revenue beat(12)-3.18%
Revenue beat(16)11
Avg Revenue beat(16)2.97%
PT rev (1m)0%
PT rev (3m)-5.58%
EPS NQ rev (1m)-1.21%
EPS NQ rev (3m)-27.67%
EPS NY rev (1m)-25.53%
EPS NY rev (3m)-38.64%
Revenue NQ rev (1m)4%
Revenue NQ rev (3m)-2.97%
Revenue NY rev (1m)6.58%
Revenue NY rev (3m)3.26%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 9.03
P/S 2.53
P/FCF N/A
P/OCF N/A
P/B 41.47
P/tB N/A
EV/EBITDA 13.13
EPS(TTM)-0.07
EYN/A
EPS(NY)0.47
Fwd EY11.07%
FCF(TTM)-2.19
FCFYN/A
OCF(TTM)-2.15
OCFYN/A
SpS1.69
BVpS0.1
TBVpS-1.97
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.06%
ROE -4.86%
ROCE 9.86%
ROIC 7.74%
ROICexc 8.04%
ROICexgc 12.2%
OM 47.63%
PM (TTM) N/A
GM 88.41%
FCFM N/A
ROA(3y)0.1%
ROA(5y)6.03%
ROE(3y)8.71%
ROE(5y)47.58%
ROIC(3y)6.93%
ROIC(5y)11.31%
ROICexc(3y)7.24%
ROICexc(5y)12.27%
ROICexgc(3y)12.36%
ROICexgc(5y)17.24%
ROCE(3y)8.83%
ROCE(5y)14.37%
ROICexcg growth 3Y-0.64%
ROICexcg growth 5Y5.54%
ROICexc growth 3Y-8.02%
ROICexc growth 5Y-0.21%
OM growth 3Y-10.37%
OM growth 5Y1.99%
PM growth 3Y-42.03%
PM growth 5Y-55.95%
GM growth 3Y-2.21%
GM growth 5Y-1.33%
F-Score1
Asset Turnover0.19
Health
Industry RankSector Rank
Debt/Equity 69.59
Debt/FCF N/A
Debt/EBITDA 8.59
Cap/Depr 102.37%
Cap/Sales 1.86%
Interest Coverage 2.61
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.82
Quick Ratio 0.82
Altman-Z 0.78
F-Score1
WACC7.33%
ROIC/WACC1.06
Cap/Depr(3y)62.51%
Cap/Depr(5y)76.78%
Cap/Sales(3y)1.32%
Cap/Sales(5y)1.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-158.33%
EPS 3Y-42.85%
EPS 5Y-49.74%
EPS Q2Q%-233.33%
EPS Next Y56.88%
EPS Next 2Y83.88%
EPS Next 3Y62.78%
EPS Next 5YN/A
Revenue 1Y (TTM)19.96%
Revenue growth 3Y-9.08%
Revenue growth 5Y15.91%
Sales Q2Q%7.62%
Revenue Next Year29.82%
Revenue Next 2Y22.07%
Revenue Next 3Y17.32%
Revenue Next 5YN/A
EBIT growth 1Y13.32%
EBIT growth 3Y-18.51%
EBIT growth 5Y18.21%
EBIT Next Year-8.5%
EBIT Next 3Y22.94%
EBIT Next 5YN/A
FCF growth 1Y-129.94%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-131.04%
OCF growth 3YN/A
OCF growth 5YN/A