UALUnited Airlines Holdings
Is the price fair?
Neither cheap nor expensive: nothing decisive, though cheap vs its sector.
Priced for ~10% a year FCF growth. Roughly in line with its three-year revenue growth of 8% a year.
In its normal range: P/E 9.0 vs a 9.5 median over 31 quarters (−5% vs median).
Sector median 21.2× across 246 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.
Unless marked, from derived, as of Sep 30, 2026.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What UAL's price assumes
United Airlines Holdings trades at 8.97× earnings against 9.25× for the median Airlines name, cheaper than its own group.
Trailing P/E · Airlines median 9.25 · cheaper than the typical name in its group
- Price / sales
- 0.49
Price / sales · today's price, trailing year to Sep 30, 2026
- Free cash flow yield
- 3.5%
Free cash flow yield · Airlines median 8.9%
- Growth the price implies
- +10%
Growth the price implies · The price pays for +10% free cash flow growth a year for a decade; the business has delivered −5.8% a year over the last three.
Details›
- Price / booktoday's price, trailing year to Sep 30, 2026
- 1.79
- EV / EBITtoday's price, trailing year to Sep 30, 2026
- 8.85
- EV / salestoday's price, trailing year to Sep 30, 2026
- 0.66
- Industrials median P/E434 names
- 26.2
- Airlines median P/E16 names
- 9.25
- Free cash flow, trailing twelve months
- $1.12B
- Market capitalisation324.9 million shares, counted Oct 15, 2026
- $31.8B
- 3-year revenue growth
- +7.7%
- 3-year free cash flow growth
- −5.8%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $78.94 |
| Its own P/E history, median | $103.37 |
| Its own P/E history, upper quartile | $112.75 |
| 52-week range | $85.21 – $136.03 |
| Today | $97.91 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
What is it worth?
Today's price against what its own multiples, its cash flow and your growth assumption say it is worth.
Against its own past
Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.
Airlines
The closest names by size in the same industry