| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
UP Stock Overview
Wheels Up Experience Inc. provides private aviation services primarily in the United States.
Wheels Up Experience Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.45 |
| 52 Week High | US$9.05 |
| 52 Week Low | US$1.81 |
| Beta | 0 |
| 1 Month Change | 18.36% |
| 3 Month Change | -5.77% |
| 1 Year Change | -67.25% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -74.61% |
Recent News & Updates
Todd Smith to join Wheels Up Experience as CFO
Todd Smith has been appointed as the new CFO of Wheels Up Experience (NYSE:UP). Smith starts on June 30, 2022 and will oversee all aspects of the company's global finance organization, including commercial finance, accounting, FP&A, treasury, tax and investor relations. He will also join the company's executive leadership team. Most recently, Smith served as Global Head of Financial Planning and Analysis and CFO for GE Corporate (GE).
Wheels Up Experience Inc. (NYSE:UP) Just Reported First-Quarter Earnings And Analysts Are Lifting Their Estimates
Wheels Up Experience Inc. ( NYSE:UP ) defied analyst predictions to release its quarterly results, which were ahead of...
Shareholder Returns
| UP | US Airlines | US Market | |
|---|---|---|---|
| 7D | 9.4% | 3.4% | 1.0% |
| 1Y | -67.2% | -23.3% | -12.9% |
Return vs Industry: UP underperformed the US Airlines industry which returned -23.3% over the past year.
Return vs Market: UP underperformed the US Market which returned -12.9% over the past year.
Price Volatility
| UP volatility | |
|---|---|
| UP Average Weekly Movement | 13.0% |
| Airlines Industry Average Movement | 8.2% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 17.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: UP is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: UP's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 2,151 | Kenny Dichter | https://www.wheelsup.com |
Wheels Up Experience Inc. provides private aviation services primarily in the United States. The company offers a suite of products and services, which include multi-tiered membership programs, on-demand flights across various private aircraft cabin categories, aircraft management, retail and wholesale charter, whole aircraft acquisitions and sales, corporate flight solutions, special missions, signature events and experiences, and commercial travel. It operates a fleet of approximately 1,500 aircraft.
Wheels Up Experience Fundamentals Summary
| UP fundamental statistics | |
|---|---|
| Market Cap | US$598.47m |
| Earnings (TTM) | -US$249.26m |
| Revenue (TTM) | US$1.26b |
0.5x
P/S Ratio-2.4x
P/E RatioIs UP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UP income statement (TTM) | |
|---|---|
| Revenue | US$1.26b |
| Cost of Revenue | US$1.16b |
| Gross Profit | US$96.55m |
| Other Expenses | US$345.82m |
| Earnings | -US$249.26m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 11, 2022
| Earnings per share (EPS) | -1.02 |
| Gross Margin | 7.67% |
| Net Profit Margin | -19.81% |
| Debt/Equity Ratio | 0% |
How did UP perform over the long term?
See historical performance and comparisonValuation
Is UP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for UP?
Other financial metrics that can be useful for relative valuation.
| What is UP's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$598.47m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.1x |
| Enterprise Value/EBITDA | -0.9x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does UP's PS Ratio compare to its peers?
| UP PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1.6x | ||
BLDE Blade Air Mobility | 3.8x | 25.6% | US$435.4m |
HA Hawaiian Holdings | 0.4x | 15.5% | US$827.8m |
SNCY Sun Country Airlines Holdings | 1.7x | 21.4% | US$1.2b |
SKYW SkyWest | 0.4x | 8.1% | US$1.2b |
UP Wheels Up Experience | 0.5x | 13.8% | US$598.5m |
Price-To-Sales vs Peers: UP is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.6x).
Price to Earnings Ratio vs Industry
How does UP's PE Ratio compare vs other companies in the US Airlines Industry?
Price-To-Sales vs Industry: UP is good value based on its Price-To-Sales Ratio (0.5x) compared to the US Airlines industry average (0.6x)
Price to Sales Ratio vs Fair Ratio
What is UP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.5x |
| Fair PS Ratio | 0.5x |
Price-To-Sales vs Fair Ratio: UP is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).
Share Price vs Fair Value
What is the Fair Price of UP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: UP ($2.45) is trading below our estimate of fair value ($29.7)
Significantly Below Fair Value: UP is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
Discover undervalued companies
Future Growth
How is Wheels Up Experience forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
5.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UP is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: UP is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: UP is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: UP's revenue (13.8% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: UP's revenue (13.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UP is forecast to be unprofitable in 3 years.
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Past Performance
How has Wheels Up Experience performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-30.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UP is currently unprofitable.
Growing Profit Margin: UP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: UP is unprofitable, and losses have increased over the past 5 years at a rate of 30% per year.
Accelerating Growth: Unable to compare UP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: UP is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (26.9%).
Return on Equity
High ROE: UP has a negative Return on Equity (-38.28%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Wheels Up Experience's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: UP's short term assets ($732.9M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: UP's short term assets ($732.9M) exceed its long term liabilities ($117.4M).
Debt to Equity History and Analysis
Debt Level: UP is debt free.
Reducing Debt: UP had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: UP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if UP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Dividend
What is Wheels Up Experience current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate UP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate UP'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 UP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if UP's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as UP has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Kenny Dichter (53 yo)
9yrs
Tenure
US$9,505,783
Compensation
Mr. Kenneth H. Dichter, also known as Kenny, serves as an Operating Partner at Orangewood Partners LLC. He serves as Special Advisor at Rosecliff Ventures. He is Founder, CEO & Chairman of the Board of Whe...
CEO Compensation Analysis
Compensation vs Market: Kenny's total compensation ($USD9.51M) is above average for companies of similar size in the US market ($USD2.70M).
Compensation vs Earnings: Kenny's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: UP's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Experienced Board: UP's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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
Wheels Up Experience Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Wheels Up Experience Inc.
- Ticker: UP
- Exchange: NYSE
- Founded: 2013
- Industry: Airlines
- Sector: Transportation
- Implied Market Cap: US$598.472m
- Shares outstanding: 244.27m
- Website: https://www.wheelsup.com
Number of Employees
Location
- Wheels Up Experience Inc.
- 601 West 26th Street
- Suite 900
- New York
- New York
- 10001
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/07 00:00 |
| End of Day Share Price | 2022/08/05 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.