UniFirst Valuation

Is UNF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of UNF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: UNF ($171.67) is trading above our estimate of fair value ($165.46)

Significantly Below Fair Value: UNF is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for UNF?

Other financial metrics that can be useful for relative valuation.

UNF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.3x
Enterprise Value/EBITDA8.4x
PEG Ratio2.4x

Price to Earnings Ratio vs Peers

How does UNF's PE Ratio compare to its peers?

The above table shows the PE ratio for UNF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.2x
33.4x33.8%US$1.6b
VSTS Vestis
9.5x4.2%US$1.6b
MATW Matthews International
22.7x31.7%US$769.3m
HCSG Healthcare Services Group
19.1x18.8%US$779.2m
UNF UniFirst
24.9x10.2%US$3.2b

Price-To-Earnings vs Peers: UNF is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the peer average (21.2x).


Price to Earnings Ratio vs Industry

How does UNF's PE Ratio compare vs other companies in the US Commercial Services Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: UNF is good value based on its Price-To-Earnings Ratio (24.9x) compared to the US Commercial Services industry average (26.2x).


Price to Earnings Ratio vs Fair Ratio

What is UNF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

UNF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.9x
Fair PE Ratio22.1x

Price-To-Earnings vs Fair Ratio: UNF is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the estimated Fair Price-To-Earnings Ratio (22.1x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst UNF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$171.67
US$186.00
+8.3%
5.0%US$199.00US$175.00n/a4
Jun ’25US$158.60
US$180.25
+13.7%
3.5%US$186.00US$170.00n/a4
May ’25US$161.47
US$180.25
+11.6%
3.5%US$186.00US$170.00n/a4
Apr ’25US$169.46
US$180.25
+6.4%
3.5%US$186.00US$170.00n/a4
Mar ’25US$170.05
US$177.25
+4.2%
5.7%US$185.00US$160.00n/a4
Feb ’25US$173.76
US$172.25
-0.9%
7.1%US$185.00US$160.00n/a4
Jan ’25US$182.91
US$171.25
-6.4%
6.6%US$185.00US$160.00n/a4
Dec ’24US$171.57
US$171.25
-0.2%
6.6%US$185.00US$160.00n/a4
Nov ’24US$163.45
US$171.25
+4.8%
6.6%US$185.00US$160.00n/a4
Oct ’24US$163.01
US$169.33
+3.9%
9.7%US$190.00US$150.00n/a3
Sep ’24US$179.49
US$169.33
-5.7%
9.7%US$190.00US$150.00n/a3
Aug ’24US$163.35
US$169.33
+3.7%
9.7%US$190.00US$150.00n/a3
Jul ’24US$155.01
US$169.33
+9.2%
9.7%US$190.00US$150.00US$171.673
Jun ’24US$168.84
US$179.00
+6.0%
13.4%US$203.00US$155.00US$158.602
May ’24US$164.64
US$179.00
+8.7%
13.4%US$203.00US$155.00US$161.472
Apr ’24US$176.23
US$179.00
+1.6%
13.4%US$203.00US$155.00US$169.462
Mar ’24US$195.44
US$192.50
-1.5%
16.9%US$225.00US$160.00US$170.052
Feb ’24US$200.55
US$192.50
-4.0%
16.9%US$225.00US$160.00US$173.762
Jan ’24US$192.99
US$177.00
-8.3%
12.4%US$199.00US$155.00US$182.912
Dec ’23US$194.11
US$177.00
-8.8%
12.4%US$199.00US$155.00US$171.572
Nov ’23US$186.78
US$177.00
-5.2%
12.4%US$199.00US$155.00US$163.452
Oct ’23US$168.23
US$180.00
+7.0%
8.3%US$195.00US$165.00US$163.012
Sep ’23US$177.07
US$175.00
-1.2%
11.4%US$195.00US$155.00US$179.492
Aug ’23US$197.27
US$175.00
-11.3%
11.4%US$195.00US$155.00US$163.352
Jul ’23US$172.50
US$175.00
+1.4%
11.4%US$195.00US$155.00US$155.012

Analyst Forecast: Target price is less than 20% higher than the current share price.


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