Professional
Added to YB: 2024-05-13
Pitch date: 2024-03-02
UHAL [neutral]
U-Haul Holding Company
-18.24%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$9.6B
Pitch Price
$65.34
Price Target
70.00 (+31%)
Dividend
N/A
EV/EBITDA
9.43
P/E
44.61
EV/Sales
2.69
Sector
Ground Transportation
Category
value
Tweedy, Browne Portfolio Holding: U-Haul Holding Company
UHAL: N.A.'s largest DIY mover (40-50% share) & 4th biggest self-storage op. High barriers, network effects. Self-storage 13% sq.ft. CAGR since '13, 57% <3 yrs old; maturing facilities = latent earnings power. Mgmt sees normalized ~$70/sh value (11x EBIT for moving, build cost for storage) despite post-Covid inflection risk. Shoen family owns 61% voting, 43% non-voting shrs after $78M insider buys at $58. Initial buys ~$50.50.
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