United Airlines Current Valuation vs. Price To Sales
| UAL Stock | USD 96.25 1.14 1.20% |
For United Airlines profitability analysis, we use financial ratios and fundamental drivers that measure the ability of United Airlines to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well United Airlines Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between United Airlines's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of United Airlines Holdings over time as well as its relative position and ranking within its peers.
United |
United Airlines' Revenue Breakdown by Earning Segment
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Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Airlines. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Earnings Share 8.39 | Revenue Per Share 170.467 | Quarterly Revenue Growth 0.025 | Return On Assets 0.0411 |
The market value of United Airlines Holdings is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Airlines' value that differs from its market value or its book value, called intrinsic value, which is United Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Airlines' market value can be influenced by many factors that don't directly affect United Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
United Airlines Holdings Price To Sales vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining United Airlines's current stock value. Our valuation model uses many indicators to compare United Airlines value to that of its competitors to determine the firm's financial worth. United Airlines Holdings is rated second in current valuation category among its peers. It is rated third in price to sales category among its peers . The ratio of Current Valuation to Price To Sales for United Airlines Holdings is about 85,392,744,091 . At this time, United Airlines' Price To Sales Ratio is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value United Airlines by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.United Current Valuation vs. Competition
United Airlines Holdings is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is at this time estimated at about 188.09 Billion. United Airlines totals roughly 47.7 Billion in current valuation claiming about 25% of equities under Industrials industry.
United Price To Sales vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
United Airlines |
| = | 47.7 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
United Airlines |
| = | 0.56 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
United Price To Sales Comparison
United Airlines is currently under evaluation in price to sales category among its peers.
United Airlines Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in United Airlines, profitability is also one of the essential criteria for including it into their portfolios because, without profit, United Airlines will eventually generate negative long term returns. The profitability progress is the general direction of United Airlines' change in net profit over the period of time. It can combine multiple indicators of United Airlines, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -62 M | -65.1 M | |
| Operating Income | 4.2 B | 4.4 B | |
| Income Before Tax | 3.4 B | 3.6 B | |
| Total Other Income Expense Net | -824 M | -865.2 M | |
| Net Income | 2.6 B | 2.7 B | |
| Income Tax Expense | 769 M | 670.4 M | |
| Net Income Applicable To Common Shares | 663.3 M | 630.1 M | |
| Net Income From Continuing Ops | 2.6 B | 2.7 B | |
| Non Operating Income Net Other | 293.4 M | 308.1 M | |
| Net Interest Income | -947 M | -994.4 M | |
| Interest Income | 827 M | 868.4 M | |
| Change To Netincome | 531.3 M | 471.7 M | |
| Net Income Per Share | 7.99 | 8.39 | |
| Income Quality | 2.64 | 2.51 | |
| Net Income Per E B T | 0.77 | 0.81 |
United Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on United Airlines. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of United Airlines position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the United Airlines' important profitability drivers and their relationship over time.
Use United Airlines in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if United Airlines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in United Airlines will appreciate offsetting losses from the drop in the long position's value.United Airlines Pair Trading
United Airlines Holdings Pair Trading Analysis
The ability to find closely correlated positions to United Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Airlines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back United Airlines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling United Airlines Holdings to buy it.
The correlation of United Airlines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as United Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Airlines Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for United Airlines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your United Airlines position
In addition to having United Airlines in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out World Market Map. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
To fully project United Airlines' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of United Airlines Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include United Airlines' income statement, its balance sheet, and the statement of cash flows.