URI

United Rentals, Inc.Industrials / Rental & Leasing ServicesINTACT

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company in the United States, Canada, Europe, Australia, and New Zealand. It operates through two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, including boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; surface protection mats; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. The company also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. It sells used equipment through its sales force, brokers, website, at auctions, and directly to manufacturers. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

Share Price
$989.12
52W: $701.59 - $1179.18
DCF Fair Value
$471.57
-109.8% Premium
P/E (TTM)
23.8x
ROIC
19.5%
Operating Margin
26%
FCF Yield
2.8%
Debt / Equity
1.67x
Piotroski Score
6/9
Altman Z-Score
3.44
Market Cap
$61.6B

Price vs. Intrinsic Value Corridor

Overvalued vs DCF ($471.57)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)
()
Period Range
$ - $
DCF Fair Value
$471.57
MOS Buy Target (-25%)
$353.68
Valuation Overlays:

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price
$989.12
DCF Fair Value
$472.98
-109.1% Premium
$1,706M
$100M$1,706M (Reported)$50,000M
13.0%
-5%10% (Target)35%
4.5%
0%5%20%
9.0%
6%9% (Standard)15% (High Risk)
2.5%
1% (GDP Floor)2.5% (Inflation)4.0%
$15,300M
-$100B CashBalance Sheet+$150B Debt
10-Yr PV of Cash Flows
$18.5B
PV of Terminal Value
$26.1B
Implied Enterprise Value
$44.6B
Implied Equity Value
$29.3B
YearYr 1Yr 2Yr 3Yr 4Yr 5Yr 6Yr 7Yr 8Yr 9Yr 10
Projected FCF ($M)$1,928$2,178$2,462$2,782$3,143$3,285$3,432$3,587$3,748$3,917
Present Value (PV)$1,769$1,834$1,901$1,971$2,043$1,959$1,878$1,800$1,726$1,655

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-166% Premium
$371.89

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $41.54BVPS: $147.97
Revised Graham Formula+7.2%
$1066.19

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Buffett Owner Earnings2.6% Yield
$26.14 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $1.6BYield: 2.6%

Reverse DCF: Market Growth Expectation

FAIR BARRIER
13.4% CAGR (Next 10 Yrs)

At the current price of $989.12, the market is assuming the business will compound Free Cash Flow at 13.4% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict
ℹ Fair expectations: Requires steady execution.
Autonomous Thesis Underwriting

Surveil URI with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for United Rentals, Inc.. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 26% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

Frequently Asked Questions: United Rentals, Inc. (URI) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for United Rentals, Inc..

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, United Rentals, Inc. has an estimated DCF intrinsic fair value of $471.57 per share compared to its current market price of $989.12. This represents an estimated 109.8% premium over fair value. Additionally, its classic Benjamin Graham Number stands at $371.88.

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