WallStSmart

LATAM Airlines Group S.A. (LTM)vsUnited Airlines Holdings Inc (UAL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

United Airlines Holdings Inc generates 296% more annual revenue ($62.90B vs $15.88B). LTM leads profitability with a 9.8% profit margin vs 5.6%. LTM appears more attractively valued with a PEG of 2.58. UAL earns a higher WallStSmart Score of 57/100 (C).

LTM

Buy

51

out of 100

Grade: C-

Growth: 6.0Profit: 7.5Value: 5.7Quality: 3.5
Piotroski: 4/9Altman Z: 1.27

UAL

Buy

57

out of 100

Grade: C

Growth: 5.3Profit: 6.0Value: 4.7Quality: 4.0
Piotroski: 6/9Altman Z: 1.16
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for LTM.

UALSignificantly Overvalued (-55.8%)

Margin of Safety

-55.8%

Fair Value

$68.74

Current Price

$109.82

$41.08 premium

UndervaluedFair: $68.74Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LTM3 strengths · Avg: 9.3/10
P/E RatioValuation
9.7x10/10

Attractively priced relative to earnings

Return on EquityProfitability
78.2%10/10

Every $100 of equity generates 78 in profit

Revenue GrowthGrowth
27.2%8/10

Revenue surging 27.2% year-over-year

UAL4 strengths · Avg: 8.8/10
P/E RatioValuation
10.1x10/10

Attractively priced relative to earnings

Return on EquityProfitability
20.9%9/10

Every $100 of equity generates 21 in profit

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
16.0%8/10

16.0% revenue growth

Areas to Watch

LTM4 concerns · Avg: 2.5/10
Price/BookValuation
8.5x4/10

Trading at 8.5x book value

PEG RatioValuation
2.582/10

Expensive relative to growth rate

EPS GrowthGrowth
-46.2%2/10

Earnings declined 46.2%

Altman Z-ScoreHealth
1.272/10

Distress zone — elevated risk

UAL4 concerns · Avg: 2.3/10
Profit MarginProfitability
5.6%3/10

5.6% margin — thin

PEG RatioValuation
6.502/10

Expensive relative to growth rate

EPS GrowthGrowth
-17.2%2/10

Earnings declined 17.2%

Altman Z-ScoreHealth
1.162/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : LTM

The strongest argument for LTM centers on P/E Ratio, Return on Equity, Revenue Growth. Revenue growth of 27.2% 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 : LTM

The primary concerns for LTM are Price/Book, PEG Ratio, EPS Growth. Debt-to-equity of 4.51 is elevated, increasing financial risk.

Bear Case : UAL

The primary concerns for UAL are Profit Margin, PEG Ratio, EPS Growth. Debt-to-equity of 2.02 is elevated, increasing financial risk.

Key Dynamics to Monitor

UAL carries more volatility with a beta of 1.27 — expect wider price swings.

LTM is growing revenue faster at 27.2% — sustainability is the question.

UAL generates stronger free cash flow (267M), providing more financial flexibility.

Monitor AIRLINES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

UAL scores higher overall (57/100 vs 51/100) and 16.0% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

LATAM Airlines Group S.A.

INDUSTRIALS · AIRLINES · USA

LATAM Airlines Group SA, provides passenger and cargo air transport services in Peru, Argentina, the United States, Europe, Colombia, Brazil, Ecuador, Chile, Asia Pacific and the rest of Latin America.

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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