company background image
UNF

UniFirstNYSE:UNF Stock Report

Market Cap

US$3.9b

7D

-2.6%

1Y

21.2%

Updated

24 Oct, 2021

Data

Company Financials +
UNF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

UNF Overview

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada.

UniFirst Competitors

Cintas

NasdaqGS:CTAS

US$44.1b

Ecolab

NYSE:ECL

US$63.4b

V.F

NYSE:VFC

US$27.8b

Xylem

NYSE:XYL

US$23.2b

Price History & Performance

Summary of all time highs, changes and price drops for UniFirst
Historical stock prices
Current Share PriceUS$206.49
52 Week HighUS$160.70
52 Week LowUS$258.86
Beta1.06
1 Month Change-6.39%
3 Month Change-4.50%
1 Year Change21.16%
3 Year Change41.78%
5 Year Change69.53%
Change since IPO1,620.75%

Recent News & Updates

Oct 08
Calculating The Intrinsic Value Of UniFirst Corporation (NYSE:UNF)

Calculating The Intrinsic Value Of UniFirst Corporation (NYSE:UNF)

Does the October share price for UniFirst Corporation ( NYSE:UNF ) reflect what it's really worth? Today, we will...

Sep 21
At US$215, Is UniFirst Corporation (NYSE:UNF) Worth Looking At Closely?

At US$215, Is UniFirst Corporation (NYSE:UNF) Worth Looking At Closely?

UniFirst Corporation ( NYSE:UNF ), might not be a large cap stock, but it saw significant share price movement during...

Jul 06
Calculating The Fair Value Of UniFirst Corporation (NYSE:UNF)

Calculating The Fair Value Of UniFirst Corporation (NYSE:UNF)

Does the July share price for UniFirst Corporation ( NYSE:UNF ) reflect what it's really worth? Today, we will estimate...

Shareholder Returns

UNFUS Commercial ServicesUS Market
7D-2.6%3.2%1.7%
1Y21.2%29.3%30.3%

Return vs Industry: UNF underperformed the US Commercial Services industry which returned 29.3% over the past year.

Return vs Market: UNF underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is UNF's price volatile compared to industry and market?
UNF volatility
UNF Beta1.06
Industry Beta1.03
Market Beta1

Stable Share Price: UNF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: UNF's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193614,000Steve Sintroshttps://www.unifirst.com

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.

UniFirst Fundamentals Summary

How do UniFirst's earnings and revenue compare to its market cap?
UNF fundamental statistics
Market CapUS$3.90b
Earnings (TTM)US$151.11m
Revenue (TTM)US$1.83b

25.8x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UNF income statement (TTM)
RevenueUS$1.83b
Cost of RevenueUS$1.14b
Gross ProfitUS$684.94m
ExpensesUS$533.83m
EarningsUS$151.11m

Last Reported Earnings

Aug 28, 2021

Next Earnings Date

n/a

Earnings per share (EPS)8.00
Gross Margin37.51%
Net Profit Margin8.27%
Debt/Equity Ratio0%

How did UNF perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

13%

Payout Ratio

Does UNF pay a reliable dividends?

See UNF dividend history and benchmarks
When do you need to buy UNF by to receive an upcoming dividend?
UniFirst dividend dates
Ex Dividend DateDec 06 2021
Dividend Pay DateJan 04 2022
Days until Ex dividend42 days
Days until Dividend pay date71 days

Does UNF pay a reliable dividends?

See UNF dividend history and benchmarks

Valuation

Is UniFirst undervalued compared to its fair value and its price relative to the market?

12.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UNF ($206.49) is trading below our estimate of fair value ($235.41)

Significantly Below Fair Value: UNF is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: UNF is good value based on its PE Ratio (25.8x) compared to the US Commercial Services industry average (38.2x).

PE vs Market: UNF is poor value based on its PE Ratio (25.8x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: UNF is poor value based on its PEG Ratio (68.5x)


Price to Book Ratio

PB vs Industry: UNF is good value based on its PB Ratio (2.1x) compared to the US Commercial Services industry average (2.6x).


Future Growth

How is UniFirst forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

0.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UNF's forecast earnings growth (0.4% per year) is below the savings rate (2%).

Earnings vs Market: UNF's earnings (0.4% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: UNF's earnings are forecast to grow, but not significantly.

Revenue vs Market: UNF's revenue (5.3% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: UNF's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UNF's Return on Equity is forecast to be low in 3 years time (7.2%).


Past Performance

How has UniFirst performed over the past 5 years?

7.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UNF has high quality earnings.

Growing Profit Margin: UNF's current net profit margins (8.3%) are higher than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: UNF's earnings have grown by 7.6% per year over the past 5 years.

Accelerating Growth: UNF's earnings growth over the past year (11.2%) exceeds its 5-year average (7.6% per year).

Earnings vs Industry: UNF earnings growth over the past year (11.2%) underperformed the Commercial Services industry 33.8%.


Return on Equity

High ROE: UNF's Return on Equity (8.1%) is considered low.


Financial Health

How is UniFirst's financial position?


Financial Position Analysis

Short Term Liabilities: UNF's short term assets ($1.1B) exceed its short term liabilities ($254.7M).

Long Term Liabilities: UNF's short term assets ($1.1B) exceed its long term liabilities ($253.4M).


Debt to Equity History and Analysis

Debt Level: UNF is debt free.

Reducing Debt: UNF had no debt 5 years ago.

Debt Coverage: UNF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: UNF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is UniFirst current dividend yield, its reliability and sustainability?

0.58%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 25 2021Ex Dividend DateDec 06 2021Dividend Pay DateJan 04 202229 days from Ex DividendBuy in the next 42 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: UNF's dividend (0.58%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.29%).

High Dividend: UNF's dividend (0.58%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: UNF is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: UNF is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: UNF is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UNF's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Steve Sintros (47 yo)

4.25yrs

Tenure

US$2,587,428

Compensation

Mr. Steven S. Sintros, also known as Steve, has been President and Chief Executive Officer of UniFirst Corporation since July 31, 2017. Mr. Sintros has overall responsibility for management of UniFirst Cor...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD2.59M) is below average for companies of similar size in the US market ($USD5.18M).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: UNF's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: UNF's board of directors are seasoned and experienced ( 13.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: UNF insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

UniFirst Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: UniFirst Corporation
  • Ticker: UNF
  • Exchange: NYSE
  • Founded: 1936
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: US$3.900b
  • Shares outstanding: 18.89m
  • Website: https://www.unifirst.com

Number of Employees


Location

  • UniFirst Corporation
  • 68 Jonspin Road
  • Wilmington
  • Massachusetts
  • 1887
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 22:26
End of Day Share Price2021/10/22 00:00
Earnings2021/08/28
Annual Earnings2021/08/28


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.