NasdaqGS:ULH

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Universal Logistics Holdings

Executive Summary

Universal Logistics Holdings, Inc. provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. More Details


Snowflake Analysis

Reasonable growth potential with imperfect balance sheet.

Share Price & News

How has Universal Logistics Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ULH has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.7%

ULH

-4.0%

US Transportation

-3.1%

US Market


1 Year Return

-16.8%

ULH

16.2%

US Transportation

12.7%

US Market

Return vs Industry: ULH underperformed the US Transportation industry which returned 16.2% over the past year.

Return vs Market: ULH underperformed the US Market which returned 12.7% over the past year.


Shareholder returns

ULHIndustryMarket
7 Day-5.7%-4.0%-3.1%
30 Day3.5%2.4%-2.9%
90 Day21.0%16.6%8.2%
1 Year-15.8%-16.8%17.8%16.2%15.3%12.7%
3 Year3.4%-2.1%59.8%52.0%37.8%28.5%
5 Year42.3%29.5%151.6%129.9%90.9%69.4%

Price Volatility Vs. Market

How volatile is Universal Logistics Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Universal Logistics Holdings undervalued compared to its fair value and its price relative to the market?

29.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ULH ($20.17) is trading above our estimate of fair value ($6.9)

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


Price To Earnings Ratio

PE vs Industry: ULH is poor value based on its PE Ratio (29.7x) compared to the US Transportation industry average (26.4x).

PE vs Market: ULH is poor value based on its PE Ratio (29.7x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: ULH is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: ULH's PB Ratio (2.5x) is in line with the US Transportation industry average.


Next Steps

Future Growth

How is Universal Logistics Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

78.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ULH's forecast earnings growth (78.7% per year) is above the savings rate (2.2%).

Earnings vs Market: ULH's earnings (78.7% per year) are forecast to grow faster than the US market (23.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ULH's revenue (10.7% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: ULH's revenue (10.7% 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 ULH's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Universal Logistics Holdings performed over the past 5 years?

3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ULH has a large one-off loss of $26.7M impacting its July 4 2020 financial results.

Growing Profit Margin: ULH's current net profit margins (1.3%) are lower than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: ULH's earnings have grown by 3.8% per year over the past 5 years.

Accelerating Growth: ULH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ULH had negative earnings growth (-68.8%) over the past year, making it difficult to compare to the Transportation industry average (-16.6%).


Return on Equity

High ROE: ULH's Return on Equity (8.6%) is considered low.


Next Steps

Financial Health

How is Universal Logistics Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: ULH's short term assets ($241.9M) do not cover its short term liabilities ($269.6M).

Long Term Liabilities: ULH's short term assets ($241.9M) do not cover its long term liabilities ($477.3M).


Debt to Equity History and Analysis

Debt Level: ULH's debt to equity ratio (186.4%) is considered high.

Reducing Debt: ULH's debt to equity ratio has increased from 149.2% to 186.4% over the past 5 years.

Debt Coverage: ULH's debt is well covered by operating cash flow (35.8%).

Interest Coverage: ULH's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Universal Logistics Holdings's current dividend yield, its reliability and sustainability?

0.76%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ULH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ULH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ULH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ULH's dividend payments have been increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ULH'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?

6.8yrs

Average board tenure


CEO

Tim Phillips (54 yo)

0.67

Tenure

Mr. Tim Phillips has been Chief Executive Officer, President and Director at Universal Logistics Holdings, Inc. January 10, 2020. Mr. Phillips began his career with Universal, a leading asset-light provide ...


Board Members

NamePositionTenureCompensationOwnership
Tim Phillips
CEO, President & Director0.67yrno data0.29%
$ 1.6m
Frederick Calderone
Director10.75yrsUS$28.40kno data
Matthew Moroun
Chairman15.83yrsUS$106.00k59.55%
$ 323.3m
Clarence Gooden
Independent Director2.42yrsUS$28.40kno data
Richard Urban
Independent Director15.83yrsUS$44.20k0.019%
$ 100.8k
Daniel Deane
Independent Director11.17yrsUS$34.40kno data
Michael Regan
Independent Director7.42yrsUS$28.40kno data
H. Wolfe
Independent Director6.25yrsUS$28.40k0.093%
$ 504.2k
Grant Belanger
Independent Director4.17yrsUS$39.20kno data
Matthew Moroun
Director0.42yrno datano data

6.8yrs

Average Tenure

65yo

Average Age

Experienced Board: ULH's board of directors are considered experienced (6.8 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Universal Logistics Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Universal Logistics Holdings, Inc.
  • Ticker: ULH
  • Exchange: NasdaqGS
  • Founded: 1932
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$542.953m
  • Shares outstanding: 26.92m
  • Website: https://www.universallogistics.com

Number of Employees


Location

  • Universal Logistics Holdings, Inc.
  • 12755 East Nine Mile Road
  • Warren
  • Michigan
  • 48089
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ULHNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDFeb 2005

Biography

Universal Logistics Holdings, Inc. provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers truckload services, which include dry van, flatbed, heavy-ha ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/23 09:27
End of Day Share Price2020/09/22 00:00
Earnings2020/07/04
Annual Earnings2019/12/31


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.