AMEX:UFAB

Stock Analysis Report

Executive Summary

Unique Fabricating, Inc. engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration, harshness, acoustical management, water and air sealing, decorative, and other functional applications.

Snowflake

Fundamentals

Fair value with imperfect balance sheet.

Share Price & News

How has Unique Fabricating's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.5%

UFAB

6.6%

US Auto Components

1.3%

US Market


1 Year Return

-63.5%

UFAB

-7.7%

US Auto Components

5.9%

US Market

Return vs Industry: UFAB underperformed the US Auto Components industry which returned -7.7% over the past year.

Return vs Market: UFAB underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

UFABIndustryMarket
7 Day-1.5%6.6%1.3%
30 Day6.5%-5.2%-1.9%
90 Day-9.7%0.9%-1.8%
1 Year-62.2%-63.5%-6.3%-7.7%8.3%5.9%
3 Year-73.3%-77.4%7.6%-3.5%45.6%36.2%
5 Yearn/a19.9%3.1%66.1%47.9%

Price Volatility Vs. Market

How volatile is Unique Fabricating's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Unique Fabricating undervalued compared to its fair value and its price relative to the market?

46.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: UFAB ($2.71) is trading below our estimate of fair value ($5.1)

Significantly Undervalued: UFAB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UFAB is unprofitable, so we can't compare its PE Ratio to the Auto Components industry average.

PE vs Market: UFAB is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate UFAB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UFAB is good value based on its PB Ratio (0.7x) compared to the US Auto Components industry average (1.1x).


Next Steps

Future Growth

How is Unique Fabricating forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

125.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UFAB is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: UFAB is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: UFAB is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: UFAB's revenue (1.2% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: UFAB's revenue (1.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if UFAB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Unique Fabricating performed over the past 5 years?

-8.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: UFAB is unprofitable, and losses have increased over the past 5 years at a rate of -8.5% per year.

Accelerating Growth: Unable to compare UFAB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UFAB is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (8.1%).


Return on Equity

High ROE: UFAB has a negative Return on Equity (-18.13%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: UFAB is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: UFAB is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Unique Fabricating's financial position?


Financial Position Analysis

Short Term Liabilities: UFAB's short term assets ($47.9M) exceeds its short term liabilities ($18.2M)

Long Term Liabilities: UFAB's short term assets (47.9M) do not cover its long term liabilities (52.1M)


Debt to Equity History and Analysis

Debt Level: UFAB's debt to equity ratio (131%) is considered high

Reducing Debt: UFAB's debt to equity ratio has reduced from 263% to 131% over the past 5 years.

Debt Coverage: UFAB's debt is not well covered by operating cash flow (19%).

Interest Coverage: UFAB is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: UFAB has a high level of physical assets or inventory.

Debt Coverage by Assets: UFAB's debt is not covered by short term assets (assets are 0.9x debt).


Next Steps

Dividend

What is Unique Fabricating's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate UFAB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate UFAB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if UFAB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UFAB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: UFAB is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UFAB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Unique Fabricating's salary, the management and board of directors tenure and is there insider trading?

6.6yrs

Average board tenure


CEO

Doug Cain (59yo)

0.08yrs

Tenure

0

Mr. Byrd Douglas Cain, III, also known as Doug, serves as President & CEO at Unique Fabricating, Inc. from September 30, 2019. Mr. Cain joins the Company from Mubea Group ("Mubea"), a global market leader  ...


Board Age and Tenure

6.6yrs

Average Tenure

58.5yo

Average Age

Experienced Board: UFAB's board of directors are considered experienced (6.6 years average tenure).


Insider Trading

Insider Buying: UFAB insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$52,80019 Aug 19
Donn Viola
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares20,000
Max PriceUS$2.64
BuyUS$79,20019 Aug 19
Paul Frascoia
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares30,000
Max PriceUS$2.64
BuyUS$62,04019 Aug 19
Richard Baum
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares23,500
Max PriceUS$2.64
BuyUS$26,92413 Aug 19
Richard Baum
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares10,300
Max PriceUS$2.62

Ownership Breakdown


Management Team

  • Todd Torres

    President of Unique Fabricating South

    • Tenure: 0yrs
  • Scott Reed

    Vice President of Operations

    • Tenure: 0yrs
  • Doug Cain (59yo)

    President

    • Tenure: 0.08yrs

Board Members

  • Richard Baum (59yo)

    Independent Chairman of the Board

    • Tenure: 6.8yrs
    • Compensation: US$50.00k
  • Donn Viola (74yo)

    Independent Director

    • Tenure: 0yrs
    • Compensation: US$25.00k
  • Mary Kim Korth (64yo)

    Independent Director

    • Tenure: 6.6yrs
    • Compensation: US$25.00k
  • Bill Cooke (58yo)

    Independent Director

    • Tenure: 6.6yrs
    • Compensation: US$25.00k
  • James Illikman (51yo)

    Independent Director

    • Tenure: 0yrs
    • Compensation: US$18.75k
  • Paul Frascoia (51yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$25.00k

Company Information

Unique Fabricating, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Unique Fabricating, Inc.
  • Ticker: UFAB
  • Exchange: AMEX
  • Founded: 1975
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: US$26.501m
  • Shares outstanding: 9.78m
  • Website: https://www.uniquefab.com

Number of Employees


Location

  • Unique Fabricating, Inc.
  • 800 Standard Parkway
  • Auburn Hills
  • Michigan
  • 48326
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UFABAMEX (NYSE MKT LLC)YesCommon StockUSUSDJul 2015

Biography

Unique Fabricating, Inc. engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration, harshness, acoustical management, water and air sealing, decorative, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:19
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.