Ultralife Valuation

Is ULB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ULB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ULB (€7.28) is trading below our estimate of fair value (€11.78)

Significantly Below Fair Value: ULB is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ULB?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ULB. This is calculated by dividing ULB's market cap by their current preferred multiple.
What is ULB's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	n/a

ULB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.8x
Enterprise Value/EBITDA	8.3x
PEG Ratio	0.5x

Price to Earnings Ratio vs Peers

How does ULB's PE Ratio compare to its peers?

The above table shows the PE ratio for ULB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	12.4x
F3C SFC Energy	11.8x	1.2%	€285.8m
SGL SGL Carbon	7.8x	18.5%	€537.4m
AAG Aumann	9.6x	1.9%	€143.9m
2GB 2G Energy	20.4x	20.3%	€367.8m
ULB Ultralife	14.3x	27.8%	€128.9m

Price-To-Earnings vs Peers: ULB is expensive based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (12.4x).

Price to Earnings Ratio vs Industry

How does ULB's PE Ratio compare vs other companies in the European Electrical Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	24.9%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	24.9%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: ULB is good value based on its Price-To-Earnings Ratio (14.3x) compared to the European Electrical industry average (17x).

Price to Earnings Ratio vs Fair Ratio

What is ULB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ULB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14.3x
Fair PE Ratio	16.9x

Price-To-Earnings vs Fair Ratio: ULB is good value based on its Price-To-Earnings Ratio (14.3x) compared to the estimated Fair Price-To-Earnings Ratio (16.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.