# United Corporations Limited (UNC.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Financial Services / Capital Markets. Price C$14.93, market value C$1.7 billion.

## Valuation
- **P/E (trailing): 4.8×** (5-yr avg 19.9×, 3-yr avg 3.9×). United Corporations Limited trades at 4.8× trailing earnings, well below its own five-year average of 19.9×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 4.4×**. Each dollar of revenue is priced at 4.4×.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 0.2%** (5-yr avg 7.2%). Free cash flow equals 0.2% of the market value, below its five-year average of 7.2%, so the shares are pricier on cash than usual.
- **Earnings yield: 20.8%**. The inverse of the P/E: 20.8% of the price is earned each year.

## Profitability
- **Net margin: 305.9%**. 305.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.0%**. 18.0% on shareholders' equity is solid.
- **Return on assets: 24.8%**. Each dollar of assets produces 24.8% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -42.0%** (3-yr 91.3%/yr, 5-yr -21.1%/yr). Revenue fell 42.0% over the last year, against -21.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 107.0%** (3-yr 228.9%/yr, 5-yr 3.1%/yr). Earnings per share rose 107.0%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: C$28 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 1.20%** (C$0.18 per share, trailing). United Corporations Limited yields 1.20%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 5%** (591% of free cash flow). 5% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 52.6%/yr** (1-yr 1084.4%). The dividend has compounded at 52.6% a year over five years, doubling roughly every 1 years at that pace.
- **Shareholder yield: 1.3%**. Dividends plus net buybacks return 1.3% of the market value a year.

## Price and momentum
- **Total return (1 yr): 15.8%** (YTD 13.1%, 3-mo -1.1%). The shares are up 15.8% over twelve months including dividends.
- **From 52-week high: -8.8%** (12.8% above the low). Trading 9% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 48**. An RSI of 48 is neutral.
- **Beta (1 yr): 0.38** (volatility 18%). Beta of 0.38 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=UNC.TO · Page: https://foliofundamentals.com/stocks/unc.to

Not investment advice.