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UNF

UniFirst NYSE:UNF Stock Report

Last Price

US$166.23

Market Cap

US$3.1b

7D

0.8%

1Y

-23.6%

Updated

17 May, 2022

Data

Company Financials +
UNF fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends0/6

UNF Stock Overview

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

Rewards

Earnings are forecast to grow 18.4% per year

Earnings have grown 5.9% per year over the past 5 years

Risk Analysis

No risks detected for UNF from our risk checks.

UniFirst Competitors

Price History & Performance

Summary of all time highs, changes and price drops for UniFirst
Historical stock prices
Current Share PriceUS$166.23
52 Week HighUS$242.80
52 Week LowUS$156.04
Beta0.99
1 Month Change-3.05%
3 Month Change-9.01%
1 Year Change-23.58%
3 Year Change2.70%
5 Year Change19.72%
Change since IPO1,285.25%

Recent News & Updates

Apr 10
Should You Think About Buying UniFirst Corporation (NYSE:UNF) Now?

Should You Think About Buying UniFirst Corporation (NYSE:UNF) Now?

UniFirst Corporation ( NYSE:UNF ), might not be a large cap stock, but it received a lot of attention from a...

Shareholder Returns

UNFUS Commercial ServicesUS Market
7D0.8%0.9%0.7%
1Y-23.6%-5.5%-10.8%

Return vs Industry: UNF underperformed the US Commercial Services industry which returned -5.5% over the past year.

Return vs Market: UNF underperformed the US Market which returned -10.8% over the past year.

Price Volatility

Is UNF's price volatile compared to industry and market?
UNF volatility
UNF Average Weekly Movement3.7%
Commercial Services Industry Average Movement7.8%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: UNF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: UNF's weekly volatility (4%) 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$3.08b
Earnings (TTM)US$128.79m
Revenue (TTM)US$1.90b

24.3x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UNF income statement (TTM)
RevenueUS$1.90b
Cost of RevenueUS$1.21b
Gross ProfitUS$691.49m
Other ExpensesUS$562.71m
EarningsUS$128.79m

Last Reported Earnings

Feb 26, 2022

Next Earnings Date

n/a

Earnings per share (EPS)6.85
Gross Margin36.35%
Net Profit Margin6.77%
Debt/Equity Ratio0%

How did UNF perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

16%

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 DateJun 07 2022
Dividend Pay DateJun 29 2022
Days until Ex dividend20 days
Days until Dividend pay date42 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?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


24.27x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: UNF ($166.23) is trading above our estimate of fair value ($119.07)

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


Price To Earnings Ratio

PE vs Industry: UNF is poor value based on its PE Ratio (24.3x) compared to the US Commercial Services industry average (23.2x).

PE vs Market: UNF is poor value based on its PE Ratio (24.3x) compared to the US market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: UNF is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: UNF is good value based on its PB Ratio (1.6x) compared to the US Commercial Services industry average (1.8x).


Future Growth

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

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UNF's forecast earnings growth (18.4% per year) is above the savings rate (1.9%).

Earnings vs Market: UNF's earnings (18.4% per year) are forecast to grow faster than the US market (12.5% per year).

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

Revenue vs Market: UNF's revenue (5.6% per year) is forecast to grow slower than the US market (7.9% per year).

High Growth Revenue: UNF's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if UNF's Return on Equity is forecast to be high in 3 years time


Past Performance

How has UniFirst performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


5.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: UNF has high quality earnings.

Growing Profit Margin: UNF's current net profit margins (6.8%) are lower than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: UNF's earnings have grown by 5.9% per year over the past 5 years.

Accelerating Growth: UNF's earnings growth over the past year (1.1%) is below its 5-year average (5.9% per year).

Earnings vs Industry: UNF earnings growth over the past year (1.1%) underperformed the Commercial Services industry 34.3%.


Return on Equity

High ROE: UNF's Return on Equity (6.8%) is considered low.


Financial Health

How is UniFirst's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: UNF's short term assets ($1.1B) exceed its short term liabilities ($250.1M).

Long Term Liabilities: UNF's short term assets ($1.1B) exceed its long term liabilities ($263.6M).


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?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.72%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 18 2022Ex Dividend DateJun 07 2022Dividend Pay DateJun 29 202222 days from Ex DividendBuy in the next 20 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: UNF's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: UNF's dividend (0.72%) is low compared to the top 25% of dividend payers in the US market (4.06%).


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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

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


Next Steps

Management

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

6.8yrs

Average management tenure


CEO

Steve Sintros (47 yo)

4.83yrs

Tenure

US$3,276,335

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 ($USD3.28M) is below average for companies of similar size in the US market ($USD6.90M).

Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: UNF's management team is seasoned and experienced (6.8 years average tenure).


Board Members

Experienced Board: UNF's board of directors are seasoned and experienced ( 14.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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
  • Implied Market Cap: US$3.078b
  • Shares outstanding: 18.81m
  • 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 Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2022/02/26
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.