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Posted by
Two Blokes Jun 26 -
Filed in
Stock
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2 views
United Airlines delivers steady revenue growth, double-digit operating margins, and robust free cash flow, driving net debt/EBITDA down to 2.0x. Despite strong fundamentals, shares trade at just 5x EV/EBITDA and 7x P/E, offering a 13% potential upside to my $89 fair value target based on DCF and peer analysis. Ongoing fleet modernization, premium seat sales, and disciplined capex support further multiple expansion, though risks include fuel costs, labor negotiations, and macro volatility.
