WallStSmart

Surf Air Mobility Inc. (SRFM)vsUnited Airlines Holdings Inc (UAL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

United Airlines Holdings Inc generates 55335% more annual revenue ($59.07B vs $106.56M). UAL leads profitability with a 5.7% profit margin vs -103.8%. UAL earns a higher WallStSmart Score of 60/100 (C).

SRFM

Avoid

27

out of 100

Grade: F

Growth: 5.3Profit: 2.5Value: 5.0Quality: 4.5
Piotroski: 2/9Altman Z: -9.37

UAL

Buy

60

out of 100

Grade: C

Growth: 5.3Profit: 6.0Value: 7.3Quality: 4.0
Piotroski: 6/9Altman Z: 1.16
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for SRFM.

UALUndervalued (+43.5%)

Margin of Safety

+43.5%

Fair Value

$201.55

Current Price

$92.95

$108.60 discount

UndervaluedFair: $201.55Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SRFM1 strengths · Avg: 10.0/10
Debt/EquityHealth
-0.2610/10

Conservative balance sheet, low leverage

UAL3 strengths · Avg: 9.0/10
P/E RatioValuation
9.2x10/10

Attractively priced relative to earnings

Return on EquityProfitability
24.0%9/10

Every $100 of equity generates 24 in profit

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

Areas to Watch

SRFM4 concerns · Avg: 3.3/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$100.86M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

UAL4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
4.8%4/10

4.8% revenue growth

Profit MarginProfitability
5.7%3/10

5.7% margin — thin

PEG RatioValuation
6.862/10

Expensive relative to growth rate

Free Cash FlowQuality
$-604.00M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : SRFM

The strongest argument for SRFM centers on Debt/Equity.

Bull Case : UAL

The strongest argument for UAL centers on P/E Ratio, Return on Equity, Price/Book.

Bear Case : SRFM

The primary concerns for SRFM are EPS Growth, Market Cap, Return on Equity.

Bear Case : UAL

The primary concerns for UAL are Revenue Growth, Profit Margin, PEG Ratio. Debt-to-equity of 2.39 is elevated, increasing financial risk.

Key Dynamics to Monitor

SRFM profiles as a turnaround stock while UAL is a value play — different risk/reward profiles.

SRFM carries more volatility with a beta of 3.04 — expect wider price swings.

UAL is growing revenue faster at 4.8% — sustainability is the question.

SRFM generates stronger free cash flow (-24M), providing more financial flexibility.

Bottom Line

UAL scores higher overall (60/100 vs 27/100). Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Surf Air Mobility Inc.

INDUSTRIALS · AIRLINES · USA

Surf Air Mobility Inc. is a forward-thinking transportation company focused on revolutionizing air travel through sustainable and innovative solutions. By developing hybrid-electric aircraft and enhancing regional connectivity, the company aims to minimize carbon emissions and meet the growing demand for efficient air travel in a post-pandemic environment. Positioned strategically within the market, Surf Air Mobility leverages key partnerships and advanced technologies to deliver eco-friendly flight services, thereby establishing itself as a leader in the future of sustainable aviation.

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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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