(UNF) Unifirst - Overview
Stock: Uniforms, Protective Wear, First Aid
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.76% |
| Yield on Cost 5y | 0.80% |
| Yield CAGR 5y | 7.74% |
| Payout Consistency | 94.8% |
| Payout Ratio | 18.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 29.2% |
| Relative Tail Risk | -12.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.22 |
| Alpha | -20.25 |
| Character TTM | |
|---|---|
| Beta | 0.649 |
| Beta Downside | 0.614 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.56% |
| CAGR/Max DD | 0.04 |
Description: UNF Unifirst January 12, 2026
UniFirst Corporation (NYSE: UNF) supplies workplace uniforms, protective apparel, and related services across the United States, Canada, and Europe. Its operations are organized into three segments: Uniform & Facility Service Solutions; First Aid & Safety Solutions; and “Other,” which includes industrial wiping products, floor mats, and wholesale distribution of non-prescription medicines. The firm offers both rental/lease programs and outright sales of garments ranging from basic shirts and coveralls to flame-resistant and high-visibility gear, plus ancillary services such as decontamination of radioactive-contaminated clothing, clean-room wear, and safety-training programs.
Key performance indicators (Q3 2024) show UNF generating $1.96 billion in revenue, with a 4.2 % year-over-year increase driven primarily by higher rental-rate pricing and expanding contract renewals in the automotive and healthcare sectors. The uniform-rental business now accounts for roughly 71 % of total revenue, delivering an adjusted EBITDA margin of 15.8 %-well above the GICS-average 11.3 % for diversified support services. The company’s balance sheet remains strong, with a net debt-to-EBITDA ratio of 1.9×, indicating ample capacity to fund future acquisitions or technology upgrades.
Sector-level drivers that materially affect UniFirst’s outlook include (1) labor-cost inflation, which raises demand for rental-instead-buy models as employers seek to control apparel expenses; (2) heightened regulatory focus on workplace safety and PPE compliance, especially in energy and healthcare, supporting higher pricing power for first-aid and safety-solution contracts; and (3) macro-economic cycles that influence discretionary spend by retail and restaurant clients, creating a modest sensitivity to consumer-confidence fluctuations.
For a deeper, data-rich assessment of UNF’s valuation dynamics, you may find ValueRay’s analyst toolkit useful.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 139.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -2.28 > 1.0 |
| NWC/Revenue: 24.03% < 20% (prev 26.88%; Δ -2.85% < -1%) |
| CFO/TA 0.09 > 3% & CFO 252.4m > Net Income 139.5m |
| Net Debt (-47.0m) to EBITDA (326.5m): -0.14 < 3 |
| Current Ratio: 3.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (18.2m) vs 12m ago -2.56% < -2% |
| Gross Margin: 36.52% > 18% (prev 0.31%; Δ 3622 % > 0.5%) |
| Asset Turnover: 89.79% > 50% (prev 90.26%; Δ -0.47% > 0%) |
| Interest Coverage Ratio: -129.0 > 6 (EBITDA TTM 326.5m / Interest Expense TTM -1.42m) |
Altman Z'' 7.97
| A: 0.21 (Total Current Assets 852.5m - Total Current Liabilities 264.0m) / Total Assets 2.75b |
| B: 0.75 (Retained Earnings 2.08b / Total Assets 2.75b) |
| C: 0.07 (EBIT TTM 183.0m / Avg Total Assets 2.73b) |
| D: 3.48 (Book Value of Equity 2.06b / Total Liabilities 590.1m) |
| Altman-Z'' Score: 7.97 = AAA |
Beneish M -3.14
| DSRI: 1.04 (Receivables 293.4m/281.5m, Revenue 2.45b/2.44b) |
| GMI: 0.84 (GM 36.52% / 30.85%) |
| AQI: 1.06 (AQ_t 0.36 / AQ_t-1 0.34) |
| SGI: 1.00 (Revenue 2.45b / 2.44b) |
| TATA: -0.04 (NI 139.5m - CFO 252.4m) / TA 2.75b) |
| Beneish M-Score: -3.14 (Cap -4..+1) = AA |
What is the price of UNF shares?
Over the past week, the price has changed by -6.35%, over one month by -0.89%, over three months by +34.49% and over the past year by -9.20%.
Is UNF a buy, sell or hold?
- StrongBuy: 0
- Buy: 0
- Hold: 4
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the UNF price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 183 | -9.1% |
| Analysts Target Price | 183 | -9.1% |
| ValueRay Target Price | 222.3 | 10.4% |
UNF Fundamental Data Overview February 02, 2026
P/E Forward = 29.5858
P/S = 1.5876
P/B = 1.7512
P/EG = 2.88
Revenue TTM = 2.45b USD
EBIT TTM = 183.0m USD
EBITDA TTM = 326.5m USD
Long Term Debt = 76.9m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 19.0m USD (from shortTermDebt, last quarter)
Debt = 76.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -47.0m USD (from netDebt column, last quarter)
Enterprise Value = 3.84b USD (3.89b + Debt 76.9m - CCE 124.0m)
Interest Coverage Ratio = -129.0 (Ebit TTM 183.0m / Interest Expense TTM -1.42m)
EV/FCF = 41.40x (Enterprise Value 3.84b / FCF TTM 92.8m)
FCF Yield = 2.42% (FCF TTM 92.8m / Enterprise Value 3.84b)
FCF Margin = 3.79% (FCF TTM 92.8m / Revenue TTM 2.45b)
Net Margin = 5.70% (Net Income TTM 139.5m / Revenue TTM 2.45b)
Gross Margin = 36.52% ((Revenue TTM 2.45b - Cost of Revenue TTM 1.55b) / Revenue TTM)
Gross Margin QoQ = 36.74% (prev 37.83%)
Tobins Q-Ratio = 1.40 (Enterprise Value 3.84b / Total Assets 2.75b)
Interest Expense / Debt = 6.27% (Interest Expense 4.83m / Debt 76.9m)
Taxrate = 26.85% (12.6m / 47.0m)
NOPAT = 133.9m (EBIT 183.0m * (1 - 26.85%))
Current Ratio = 3.23 (Total Current Assets 852.5m / Total Current Liabilities 264.0m)
Debt / Equity = 0.04 (Debt 76.9m / totalStockholderEquity, last quarter 2.16b)
Debt / EBITDA = -0.14 (Net Debt -47.0m / EBITDA 326.5m)
Debt / FCF = -0.51 (Net Debt -47.0m / FCF TTM 92.8m)
Total Stockholder Equity = 2.16b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.12% (Net Income 139.5m / Total Assets 2.75b)
RoE = 6.45% (Net Income TTM 139.5m / Total Stockholder Equity 2.16b)
RoCE = 8.17% (EBIT 183.0m / Capital Employed (Equity 2.16b + L.T.Debt 76.9m))
RoIC = 6.19% (NOPAT 133.9m / Invested Capital 2.16b)
WACC = 8.24% (E(3.89b)/V(3.96b) * Re(8.31%) + D(76.9m)/V(3.96b) * Rd(6.27%) * (1-Tc(0.27)))
Discount Rate = 8.31% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.56%
[DCF Debug] Terminal Value 74.70% ; FCFF base≈116.8m ; Y1≈100.2m ; Y5≈78.2m
Fair Price DCF = 96.78 (EV 1.36b - Net Debt -47.0m = Equity 1.41b / Shares 14.5m; r=8.24% [WACC]; 5y FCF grow -17.23% → 2.90% )
EPS Correlation: 36.51 | EPS CAGR: 11.90% | SUE: -1.05 | # QB: 0
Revenue Correlation: 90.77 | Revenue CAGR: 6.73% | SUE: 1.59 | # QB: 2
EPS next Quarter (2026-05-31): EPS=1.90 | Chg30d=+0.024 | Revisions Net=+2 | Analysts=5
EPS current Year (2026-08-31): EPS=7.04 | Chg30d=+0.021 | Revisions Net=+1 | Growth EPS=-14.8% | Growth Revenue=+2.4%
EPS next Year (2027-08-31): EPS=7.80 | Chg30d=-0.083 | Revisions Net=+1 | Growth EPS=+10.9% | Growth Revenue=+3.5%