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U-Haul Holding Company (UHAL) fair value: what the stock is really worth

We calculate from audited financials what U-Haul Holding Company is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
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Industrials · US · ISIN US0235861004

UH U-Haul Holding Company logo Thin data Sep 18, 2026

U-Haul Holding Company

UHAL · US

Structural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.

Weakest SetupStrongly overvalued and low quality.

!Fair value $7.57 · Strongly overvalued (−88%)
!Quality 43/100
!Expensive Growth (revenue 5y +5.9 %/yr)
!Thin margins · 1.1% net margin (TTM)
!Moderate debt · negative free cash flow
!Trails peers (1/14)
!Narrow moat 36/100
!Evidence only low, so the estimate is less certain
!Weak on future: 16 out of 100
!Weak on past: 3 out of 100

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$78.40 $42.19 Fair Value $7.57 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.

How to read this chart

60‑month range $42.19 – $78.40 · fair‑value band $6.68 – $11.13 · the $63.43 price screens above the $7.57 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.

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Company profile

U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. It operates through three segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance.

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U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. It operates through three segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. It rents trucks, trailers, fixed and portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane. The company also provides uhaul.com, an online marketplace that connects consumers to independent moving help service providers and independent self-storage affiliates; auto transport and toy hauler, and tow dolly options to transport the vehicles; and specialty boxes for dishes, computers, flat screen television, sensitive electronic equipment, tapes, security locks, and packing supplies. In addition, it rents self-moving products and services through a network of managed retail stores and independent U-Haul dealers, as well as rents equipment. Further, the company provides moving and storage protection packages, such as Safemove and Safetow packages, which offer moving and towing customers with a damage waiver, cargo protection, and medical and life insurance coverage; Safestor that protects storage and U-Box customers from loss on their goods in storage; Safehaul, which protect customers' belongings in transit through its U-Box portable moving and storage units; Safemove Plus, which provides rental customers with a layer of primary liability protection; Safetrip, a supplemental roadside protection for the customers equipment; and loss adjusting and claims handling services. Additionally, it offers life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, Medicare supplement, and annuity policies. The company was formerly known as AMERCO and changed its name to U-Haul Holding Company in December 2022. U-Haul Holding Company was founded in 1945 and is based in Reno, Nevada.

Stock analysis

U-Haul Holding Company (UHAL) currently trades at $63.43, while our model-based Fair Value estimate is $7.57, implying the stock looks roughly 738.2% overvalued today.

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Valuation

Bull case: the Asset-Based group reads highest at a median of $26.01 per share, and 1 of the 14 models we run sit above the $63.43 price.

Bear case: the Earnings-Based group reads lowest at $2.25, and 13 of the 14 models stay below the price. Evidence for this calculation is low.

Scenario range: $6.68 (bear) to $11.13 (bull), the price of $63.43 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 43/100 (below-average quality), in the Industrials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

U-Haul Holding Company reported revenue of $6.0B in FY2026 versus $5.7B in FY2022, a compound +1.3%/yr. Reported net income was $83.1M in FY2026, compounding −47.8%/yr from FY2022.

Key figures

Market cap $13.5B · P/E ratio 280.6 · P/S ratio 3.86 · EPS (TTM) $0.2400 · Dividend yield 0.3% · Net margin 1.4% · Return on equity 1.1% · Return on assets (EBIT) 5.4%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).

What moves the price

The share trades about 2% below its 52-week high and 51% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −9% fair-value upside, at −88%, UHAL screens richer than that median.

Fair Value models

The price assumes far more growth than our models allow for, so the models scatter widely ($0.1100 to $86.79). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear $6.68 Fair Value $7.57 Bull $11.13
Model Each model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then ($0.0671 per share) are deliberately not added. Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence Evidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income $26.57 $24.69 $18.15 76
EPV n/a $0.1100 $3.05 68
ROIC Compounder n/a $0.1100 $3.05 68
All 14 models by family
Earnings-Based
Graham-Dodd $2.88 $7.93 $10.40 65
Lynch FV $1.58 $2.25 $2.93 61
PEG = 1.0 $1.58 $2.25 $2.93 57
EPV n/a $0.1100 $3.05 68
Multiples
P/E Multiple $6.68 $8.90 $11.13 63
P/S Multiple $5.41 $7.21 $9.01 58
P/B Multiple $5.41 $7.21 $9.01 55
EV/EBIT $6.58 $16.57 $26.56 61
EV/EBITDA $59.24 $86.79 $114.34 67
EV/Revenue n/a $7.17 $16.33 50
Asset-Based
NCAV (Graham) $19.41 $26.01 $38.82 54
Economic Profit
Residual Income $26.57 $24.69 $18.15 76
ROIC Compounder n/a $0.1100 $3.05 68
Growth Earnings
Growth-Adj P/E $5.30 $7.57 $9.84 67

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Quality Score breakdown

Overall quality 43/100

Of which business quality 43 · Market factors (momentum, volatility) 62

Profitability 22
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 47
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 71
Price trend over the last 3–12 months (market factor)
52W Momentum 55
Distance to the 52-week high (market factor)
Net Issuance 82
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality Growth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 33/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+3.6%
Revenue growth 3 years Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.0%
Revenue growth 5 years Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.9%
Revenue growth 32 years Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.4%
What shareholders gained per year (last 5 years) What the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−40.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−40.6%
Dividend (yield on the price)0.3%
Pace: 5 vs 10 years Two data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−41% vs −15%, slowing
Profit margin 2021 to 2026 Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.21% → 8%

UHAL screens 738% overvalued. Compare with United Rentals, Inc →

Earlier news

News mood News mood, the average tone of recent news (97 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation. Positive
Recent news coverage is more positive than average.

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Peer GroupHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Rental & Leasing Services · 94 stocks

Beats the industry median on 1/14 measures
Overall it trails its industry peers.
Valuation
Quality Score 43 · Below median
Fair Value upside −89% · Bottom 25%
Profitability
Return on equity (TTM) 1% · Below median
Return on assets 1% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 15% · Above median
Growth and dividend
Revenue growth 3% · Below median
Dividend yield (TTM) 0.3% · Bottom 25%
Balance sheet
Debt / equity 0.75× · Above median

Valuation Multiplesvs Rental & Leasing Services median · lower = cheaper

P/E (TTM) 280.6× · Priciest 25%
P/B 1.77× · Pricier than median
P/S (TTM) 2.22× · Priciest 25%
EV/EBITDA 24.2× · Priciest 25%
PEG 2.35× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 58
FUTURE (revenue growth)16 · sector 28
PAST (return on equity)3 · sector 26
HEALTH (low debt)63 · sector 67
DIVIDEND (yield)7 · sector 45

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Rental & Leasing Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
United Rentals, Inc URI $989.13 $367.77 −63%
Sunbelt Rentals Holdings SUNB $72.35 $65.76 −9%
AerCap Holdings AER $142.21 $301.51 +112%
Ryder System, Inc R $237.96 $99.68 −58%
Element Fleet Management Corp EFN C$24.80 C$21.07 −15%
BOC Aviation Limited 2588 HK$71.60 HK$146.01 +104%
GATX Corporation GATX $177.63 $128.33 −28%
Avis Budget Group CAR $115.24 $158.94 +38%
WillScot Holdings WSC $18.31 $43.19 +136%
EquipmentShare.com Inc EQPT $18.37 $3.91 −79%

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Cite: Fair Value Calculator (2026). "U-Haul Holding Company Fair Value". https://www.fairvalue-calculator.com/stock/UHAL

Frequently asked questions

Is U-Haul Holding Company (UHAL) overvalued or undervalued?
As of Sep 18, 2026, our model estimates a fair value of $7.57 versus a price of $63.43, about −88% upside (overvalued).
What is the fair value of UHAL?
Our model-based fair value for U-Haul Holding Company is $7.57 (as of Sep 18, 2026), built from audited fundamentals. The current price: $63.43.
What is the quality score of UHAL?
U-Haul Holding Company has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for U-Haul Holding Company (UHAL)?
Our model-based price target is the fair value of $7.57 (as of Sep 18, 2026) from 14 valuation models. Cautious scenario $6.68, optimistic scenario $11.13. It is a calculation from audited fundamentals, not an analyst target.
What is the U-Haul Holding Company stock forecast for 2026?
Our models put fair value at $7.57, about −88% upside versus a price of $63.43 (overvalued). Cautious scenario $6.68, optimistic scenario $11.13. The calculation is refreshed regularly with new filings.
What is the revenue of U-Haul Holding Company (UHAL)?
U-Haul Holding Company reported trailing-twelve-month revenue of about $6.0B (latest available figure, as of Sep 18, 2026).
Does U-Haul Holding Company pay a dividend?
U-Haul Holding Company currently shows a dividend yield of about 0.33% relative to its recent price (as of Sep 18, 2026).
What is the intrinsic value of U-Haul Holding Company (UHAL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For U-Haul Holding Company it is $7.57 per share (as of Sep 18, 2026), against a price of $63.43. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is U-Haul Holding Company stock overvalued or undervalued in 2026?
As of Sep 18, 2026, UHAL trades above its calculated fair value: price $63.43, fair value $7.57, a gap of about −88% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of UHAL?
No. The price is what the market pays today ($63.43); the fair value is what the company's own numbers justify ($7.57). For U-Haul Holding Company the two are $55.86 per share apart. That gap is exactly why we show both numbers side by side.
How much is U-Haul Holding Company worth?
The market values U-Haul Holding Company at about $13.5B (market capitalisation, as of Sep 18, 2026). Per share that is $63.43; our models calculate a fair value of $7.57 per share.
What do the bullish and bearish scenarios say about UHAL?
Our models span a range for U-Haul Holding Company: cautious scenario $6.68, base $7.57, optimistic $11.13 per share (as of Sep 18, 2026, price $63.43). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of UHAL?
U-Haul Holding Company trades at a price-to-earnings ratio of 280.6 (as of Sep 18, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $7.57 is built from several models across several years. Other multiples: PEG 2.3, P/B 1.8, P/S 2.2, EV/EBITDA 24.2.
What is the PEG ratio of UHAL?
The PEG ratio of U-Haul Holding Company is 2.35 (P/E divided by earnings growth, as of Sep 18, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of U-Haul Holding Company (UHAL)?
Balance-sheet figures for U-Haul Holding Company (as of Sep 18, 2026): return on equity 0.8%, debt of 0.75 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is UHAL from its 52-week high?
U-Haul Holding Company trades at $63.43, about 2% below its 52-week high of $64.75 and 51% above the low of $41.95 (as of Sep 18, 2026). Distance from the high says nothing about value: that is what the fair value of $7.57 is for.
Which stocks are comparable to U-Haul Holding Company?
From the same area (Industrials) we also value United Rentals, Inc, Sunbelt Rentals Holdings, AerCap Holdings, Ryder System, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is U-Haul Holding Company stock attractive at the current price?
The data as of Sep 18, 2026: price $63.43, calculated fair value $7.57 (−88%), Quality Score 43/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of UHAL calculated?
We run U-Haul Holding Company through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $7.57, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 16.1 % above its aggregate fair value. U-Haul Holding Company itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of U-Haul Holding Company (UHAL)?
The closing price on Sep 21, 2026 was $63.43. Our model-based fair value is $7.57, about −88% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with U-Haul Holding Company right now?
The price sits above even our optimistic bull case ($11.13). The favourable scenario is already priced in. Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Where does the earnings growth of U-Haul Holding Company (UHAL) come from?
Earnings per share at U-Haul Holding Company grew −2.3 % a year from 2015 to 2026. Broken into its drivers: revenue per share +6.7 %, EBIT margin −6.8 %, tax rate +1.7 %, residual (interest, one-offs) −3.4 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of U-Haul Holding Company

How large is the market capitalisation of U-Haul Holding Company (UHAL)?
The market capitalisation of U-Haul Holding Company is $13.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of U-Haul Holding Company (UHAL)?
The price-to-sales ratio of U-Haul Holding Company is 3.86 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of U-Haul Holding Company (UHAL)?
Earnings per share at U-Haul Holding Company are $0.2400 (price ÷ EPS = P/E 280.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of U-Haul Holding Company (UHAL)?
The dividend yield of U-Haul Holding Company is 0.3% (payout 87.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of U-Haul Holding Company (UHAL)?
The net margin of U-Haul Holding Company is 1.4% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of U-Haul Holding Company (UHAL)?
The return on equity (ROE) of U-Haul Holding Company is 1.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of U-Haul Holding Company (UHAL)?
On an EBIT basis the return on assets of U-Haul Holding Company is 5.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of U-Haul Holding Company (UHAL)?
The operating margin of U-Haul Holding Company is −5.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at U-Haul Holding Company (UHAL)?
Revenue at U-Haul Holding Company is growing +3.1% versus a year earlier (3y avg +1.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at U-Haul Holding Company (UHAL)?
Earnings per share at U-Haul Holding Company are growing −43.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does U-Haul Holding Company (UHAL) generate?
The free cash flow of U-Haul Holding Company is −$1.4B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does U-Haul Holding Company (UHAL) carry?
The net debt of U-Haul Holding Company is $7.0B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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