Market Cap
US$6.5b
Last Updated
2020/06/05 11:59 UTC
Data Sources
Company Financials +
Executive Summary
AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada.
Rewards
Risk Analysis
Snowflake Analysis
Good value with proven track record.
Similar Companies
Share Price & News
How has AMERCO's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UHAL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.3%
UHAL
2.5%
US Transportation
2.9%
US Market
1 Year Return
-16.0%
UHAL
-4.8%
US Transportation
8.9%
US Market
Return vs Industry: UHAL underperformed the US Transportation industry which returned -5.5% over the past year.
Return vs Market: UHAL underperformed the US Market which returned 9.2% over the past year.
Shareholder returns
| UHAL | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.3% | 2.5% | 2.9% |
| 30 Day | 17.8% | 16.5% | 10.6% |
| 90 Day | 1.8% | 11.4% | 5.1% |
| 1 Year | -15.8%-16.0% | -3.4%-4.8% | 11.4%8.9% |
| 3 Year | -6.6%-7.9% | 52.2%44.5% | 34.3%25.4% |
| 5 Year | 3.8%0.4% | 87.9%70.7% | 60.7%42.7% |
Price Volatility Vs. Market
How volatile is AMERCO's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
This AMERCO (NASDAQ:UHAL) Analyst Are Way More Bearish Than They Used To Be1 week ago | Simply Wall St
Did You Manage To Avoid AMERCO's (NASDAQ:UHAL) 21% Share Price Drop?3 weeks ago | Simply Wall St
Does The Market Have A Low Tolerance For AMERCO's (NASDAQ:UHAL) Mixed Fundamentals?Valuation
Is AMERCO undervalued compared to its fair value and its price relative to the market?
14.63x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: UHAL ($329.92) is trading above our estimate of fair value ($16.12)
Significantly Below Fair Value: UHAL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UHAL is good value based on its PE Ratio (14.6x) compared to the Transportation industry average (22.5x).
PE vs Market: UHAL is good value based on its PE Ratio (14.6x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: UHAL is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: UHAL is good value based on its PB Ratio (1.5x) compared to the US Transportation industry average (2.4x).
Next Steps
Future Growth
How is AMERCO forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
23.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UHAL's forecast earnings growth (23.6% per year) is above the savings rate (2.2%).
Earnings vs Market: UHAL's earnings (23.6% per year) are forecast to grow faster than the US market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: UHAL's revenue is expected to decline over the next 3 years (-2.8% per year).
High Growth Revenue: UHAL's revenue is forecast to decline over the next 3 years (-2.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if UHAL's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has AMERCO performed over the past 5 years?
1.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UHAL has a high level of non-cash earnings.
Growing Profit Margin: UHAL's current net profit margins (11.1%) are higher than last year (9.8%).
Past Earnings Growth Analysis
Earnings Trend: UHAL's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: UHAL's earnings growth over the past year (19.2%) exceeds its 5-year average (1.9% per year).
Earnings vs Industry: UHAL earnings growth over the past year (19.2%) exceeded the Transportation industry -11.5%.
Return on Equity
High ROE: UHAL's Return on Equity (10.5%) is considered low.
Next Steps
Financial Health
How is AMERCO's financial position?
Financial Position Analysis
Short Term Liabilities: UHAL's short term assets ($1.4B) exceed its short term liabilities ($955.7M).
Long Term Liabilities: UHAL's short term assets ($1.4B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: UHAL's debt to equity ratio (92.3%) is considered high.
Reducing Debt: UHAL's debt to equity ratio has increased from 85.4% to 92.3% over the past 5 years.
Debt Coverage: UHAL's debt is well covered by operating cash flow (27.6%).
Interest Coverage: UHAL's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Next Steps
Dividend
What is AMERCO's current dividend yield, its reliability and sustainability?
0.30%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UHAL's dividend (0.3%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: UHAL's dividend (0.3%) is low compared to the top 25% of dividend payers in the US market (4.39%).
Stability and Growth of Payments
Stable Dividend: UHAL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: UHAL 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: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of UHAL'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?
11.0yrs
Average management tenure
CEO
Joe Shoen (70yo)
no data
Tenure
US$1,016,699
Compensation
Mr. Edward Joseph Shoen, also known as Joe, has been the President of AMERCO since 1987 and serves as its Chief Executive Officer. Mr. Shoen has been the Chairman of AMERCO since 1986 and serves as its Dir ...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD1.02M) is below average for companies of similar size in the US market ($USD7.24M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | no data | US$1.02m | 0.13% $8.3m | |
| Vice Chairman of the Board & U-Box Project Manager | 2.25yrs | US$521.79k | 0.017% $1.1m | |
| Chief Financial Officer | 4yrs | US$619.60k | 0.0049% $319.6k | |
| General Counsel | 14.67yrs | US$439.24k | 0.0044% $285.9k | |
| President & Director of U-Haul International Inc. | 30.42yrs | US$562.54k | 0.012% $789.2k | |
| Chief Accounting Officer | 0.83yr | no data | 0.0021% $137.1k | |
| Director of Investor Relations | no data | no data | no data | |
| President of Oxford Life Insurance Company | 23yrs | US$422.13k | no data | |
| Secretary | no data | no data | no data | |
| President of Repwest Insurance Company | 7.33yrs | no data | no data |
11.0yrs
Average Tenure
59yo
Average Age
Experienced Management: UHAL's management team is seasoned and experienced (11 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | no data | US$1.02m | 0.13% $8.3m | |
| Vice Chairman of the Board & U-Box Project Manager | 2.25yrs | US$521.79k | 0.017% $1.1m | |
| President & Director of U-Haul International Inc. | 30.42yrs | US$562.54k | 0.012% $789.2k | |
| Independent Director | 7.42yrs | US$147.50k | no data | |
| Independent Director | 22.42yrs | US$200.00k | 0.030% $1.9m | |
| Independent Director | 4.42yrs | US$95.00k | 0.00051% $33.0k | |
| Independent Director | 2.67yrs | US$82.50k | no data | |
| Director | 0.50yr | US$67.50k | no data | |
| Independent Director | 3.83yrs | US$122.50k | 0.012% $758.8k |
4.4yrs
Average Tenure
65yo
Average Age
Experienced Board: UHAL's board of directors are considered experienced (4.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UHAL 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
AMERCO's company bio, employee growth, exchange listings and data sources
Key Information
- Name: AMERCO
- Ticker: UHAL
- Exchange: NasdaqGS
- Founded: 1945
- Industry: Trucking
- Sector: Transportation
- Market Cap: US$6.469b
- Shares outstanding: 19.61m
- Website: https://www.amerco.com
Number of Employees
Location
- AMERCO
- 5555 Kietzke Lane
- Suite 100
- Reno
- Nevada
- 89511
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UHAL | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 1994 |
| AUK | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 1994 |
Biography
AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company’s Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane. It also provides uhaul.com, an online marketplace that connects consumers to independent Moving Help service providers and independent self-storage affiliates; auto transport and tow dolly options to transport vehicles; and specialty boxes for dishes, computers, and sensitive electronic equipment, as well as tapes, security locks, and packing supplies. This segment rents its products and services through a network of approximately 1,981 company operated retail moving stores and 20,000 independent U-Haul dealers. As of March 31, 2019, it had a rental fleet of approximately 167,000 trucks, 120,000 trailers, and 43,000 towing devices; and 1,631 self-storage locations with approximately 697,000 rentable storage units. The company’s Property and Casualty Insurance segment offers loss adjusting and claims handling services. It also provides moving and storage protection packages, such as Safemove and Safetow packages, which offer moving and towing customers with a damage waiver, cargo protection, and medical and life insurance coverage; Safestor that protects storage customers from loss on their goods in storage; Safestor Mobile, which protects customers stored belongings; and Safemove Plus, which provides rental customers with a layer of primary liability protection. The company’s Life Insurance segment provides life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, medicare supplement, and annuity policies. AMERCO was founded in 1945 and is based in Reno, Nevada.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/05 11:59 |
| End of Day Share Price | 2020/06/04 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.