  We report the temperature ($T$) dependence of ferromagnetic Bragg peak
intensities and dc magnetization of the superconducting ferromagnet UGe2 under
pressure ($P$). We have found that the low-$T$ behavior of the uniform
magnetization can be explained by a conventional Stoner model. A functional
analysis of the data produces the following results: The ferromagnetic state
below a critical pressure can be understood as the perfectly polarized state,
in which heavy quasiparticles occupy only majority spin bands. A Stoner gap
$\Delta(P)$ decreases monotonically with increasing pressure and increases
linearly with magnetic field. We show that the present analysis based on the
Stoner model is justified by a consistency check, i.e., comparison of density
of states at the Fermi energy deduced from the analysis with observed
electronic specific heat coeffieients. We also argue the influence of the
ferromagnetism on the superconductivity.
