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UALUnited Airlines Holdings

What Is UAL Fair Value?

United Airlines Holdings (UAL) fair value estimate using multiple valuation models, updated daily.

As of July 16, 2026, United Airlines Holdings (UAL) has a composite fair value estimate of $296.61 based on four valuation models: DCF (41% weight), Graham Number (29% weight), PEG (29% weight), and DDM (0% weight). The current market price is $120.97, suggesting the stock is undervalued by 145.2%.

Data as of July 16, 2026 (today)

Composite Fair Value

Undervalued3 of 4 models

$296.61

vs. current price of $120.97(+145.2%)

Undervalued$296.61Overvalued
$120.97

How Is UAL Fair Value Calculated?

Four independent models estimate what UAL is worth. Each uses different inputs and assumptions. The composite blends them by weight.

UAL Intrinsic Value

Forward-looking models based on future cash flows

DCF (Discounted Cash Flow)

41% weight

Estimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →

$416.90

+244.6%

Undervalued

Inputs used

FCF: 2.5BGrowth: 20.0%Discount: 8%

DDM (Dividend Discount Model)

0% weight

If a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →

N/A

This stock does not pay a dividend, so the DDM cannot be applied. The composite adjusts by redistributing this weight to the other models.

UAL Fair Value

Current fundamentals: earnings, assets, and growth rate

Graham Number (Value Investing)

29% weight

Created by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →

$108.46

-10.3%

Fair Value

Inputs used

EPS: $10.69Book Value: $48.91

PEG (Price/Earnings to Growth)

29% weight

Checks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.

$213.37

+76.4%

Undervalued

Inputs used

EPS: $10.69Growth: 20.0%

What If You Change the Assumptions?

Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.

Your DCF Fair Value

$416.90Undervalued

Current price $120.97 is 244.6% below this estimate

CheapFair ValueExpensive
20.0%
0.0%30.0%
8.1%
6.0%15.0%
2.5%
1.0%4.0%
15.0%
0.0%50.0%
View 10-year cash flow projections
YearProjected FCF (Free Cash Flow)Present Value
Year 1$3.02B$2.79B
Year 2$3.62B$3.10B
Year 3$4.34B$3.43B
Year 4$5.21B$3.81B
Year 5$6.25B$4.23B
Year 6$7.49B$4.69B
Year 7$8.99B$5.20B
Year 8$10.78B$5.77B
Year 9$12.94B$6.40B
Year 10$15.52B$7.11B
Terminal Value$282.77B$129.46B

What Are UAL's Key Financial Metrics?

Earnings & Growth

Current Price

$120.97

EPS (TTM)

$11.24

Forward P/E

8.1

Profit Margin

6.1%

Cash & Balance Sheet

Free Cash Flow

1.6B

EBITDA

7.9B

Book Value

$48.91

Total Debt

31B

What Do Analysts Say About UAL?

Low

$95.00

Average

$155.05

High

$185.00

Upside

+28.2%

Current $120.97Avg Target $155.05Strong Buy23 analysts

UAL Fair Value FAQ

What is the fair value of UAL?

Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), UAL's estimated fair value is $296.61. The stock is currently trading at $120.97, which makes it undervalued by our analysis.

How is UAL's fair value calculated?

We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.

Is UAL overvalued or undervalued?

Based on our analysis, UAL is undervalued. The current price of $120.97 is 145.2% below our estimated fair value of $296.61.

What do Wall Street analysts say about UAL?

23 analysts cover United Airlines Holdings with a consensus rating of "Strong Buy." The average price target is $155.05, ranging from $95.00 to $185.00. This implies 28.2% upside from the current price.