WallStSmart

The Boeing Company (BA)vsUnited Airlines Holdings Inc (UAL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

The Boeing Company generates 47% more annual revenue ($92.18B vs $62.90B). UAL leads profitability with a 5.6% profit margin vs 2.5%. UAL appears more attractively valued with a PEG of 6.50. UAL earns a higher WallStSmart Score of 57/100 (C).

BA

Hold

48

out of 100

Grade: D+

Growth: 5.3Profit: 5.0Value: 2.0Quality: 3.5
Piotroski: 5/9Altman Z: 0.95

UAL

Buy

57

out of 100

Grade: C

Growth: 5.3Profit: 6.0Value: 4.7Quality: 4.5
Piotroski: 6/9Altman Z: 1.16
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BASignificantly Overvalued (-72.6%)

Margin of Safety

-72.6%

Fair Value

$120.89

Current Price

$209.52

$88.63 premium

UndervaluedFair: $120.89Overvalued
UALSignificantly Overvalued (-72.2%)

Margin of Safety

-72.2%

Fair Value

$68.25

Current Price

$118.27

$50.02 premium

UndervaluedFair: $68.25Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BA2 strengths · Avg: 9.5/10
Return on EquityProfitability
37.9%10/10

Every $100 of equity generates 38 in profit

Market CapQuality
$164.48B9/10

Large-cap with strong market position

UAL5 strengths · Avg: 8.6/10
P/E RatioValuation
10.8x10/10

Attractively priced relative to earnings

Return on EquityProfitability
23.1%9/10

Every $100 of equity generates 23 in profit

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
16.0%8/10

16.0% revenue growth

Free Cash FlowQuality
$3.13B8/10

Generating 3.1B in free cash flow

Areas to Watch

BA4 concerns · Avg: 2.5/10
Profit MarginProfitability
2.5%3/10

2.5% margin — thin

Operating MarginProfitability
1.7%3/10

Operating margin of 1.7%

PEG RatioValuation
25.642/10

Expensive relative to growth rate

P/E RatioValuation
80.6x2/10

Premium valuation, high expectations priced in

UAL4 concerns · Avg: 2.5/10
Profit MarginProfitability
5.6%3/10

5.6% margin — thin

Debt/EquityHealth
1.953/10

Elevated debt levels

PEG RatioValuation
6.502/10

Expensive relative to growth rate

EPS GrowthGrowth
-17.2%2/10

Earnings declined 17.2%

Comparative Analysis Report

WallStSmart Research

Bull Case : BA

The strongest argument for BA centers on Return on Equity, Market Cap. Revenue growth of 14.0% demonstrates continued momentum.

Bull Case : UAL

The strongest argument for UAL centers on P/E Ratio, Return on Equity, Price/Book. Revenue growth of 16.0% demonstrates continued momentum.

Bear Case : BA

The primary concerns for BA are Profit Margin, Operating Margin, PEG Ratio. A P/E of 80.6x leaves little room for execution misses. Debt-to-equity of 7.89 is elevated, increasing financial risk.

Bear Case : UAL

The primary concerns for UAL are Profit Margin, Debt/Equity, PEG Ratio. Debt-to-equity of 1.95 is elevated, increasing financial risk.

Key Dynamics to Monitor

BA profiles as a value stock while UAL is a growth play — different risk/reward profiles.

UAL carries more volatility with a beta of 1.26 — expect wider price swings.

UAL is growing revenue faster at 16.0% — sustainability is the question.

UAL generates stronger free cash flow (3.1B), providing more financial flexibility.

Bottom Line

UAL scores higher overall (57/100 vs 48/100) and 16.0% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

The Boeing Company

INDUSTRIALS · AEROSPACE & DEFENSE · USA

The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services.

United Airlines Holdings Inc

INDUSTRIALS · AIRLINES · USA

United Airlines Holdings, Inc. (formerly known as United Continental Holdings, Inc., UAL Corporation, Allegis Corporation and founded originally as UAL, Inc.) is a publicly traded airline holding company headquartered in the Willis Tower in Chicago. UAH owns and operates United Airlines, Inc.

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