Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. More Details
Excellent balance sheet and good value.
Share Price & News
How has Ultralife's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ULBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: ULBI's weekly volatility (10%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ULBI underperformed the US Electrical industry which returned 94.1% over the past year.
Return vs Market: ULBI underperformed the US Market which returned 53.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Ultralife's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StIs Ultralife Corporation (NASDAQ:ULBI) Potentially Undervalued?
2 weeks ago | Simply Wall StShould You Take Comfort From Insider Transactions At Ultralife Corporation (NASDAQ:ULBI)?
1 month ago | Simply Wall StThe Trends At Ultralife (NASDAQ:ULBI) That You Should Know About
Is Ultralife undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ULBI ($8.43) is trading below our estimate of fair value ($39.64)
Significantly Below Fair Value: ULBI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ULBI is good value based on its PE Ratio (25.6x) compared to the US Electrical industry average (30.8x).
PE vs Market: ULBI is poor value based on its PE Ratio (25.6x) compared to the US market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: ULBI is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: ULBI is good value based on its PB Ratio (1.2x) compared to the US Electrical industry average (3.7x).
How is Ultralife forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ULBI's forecast earnings growth (21% per year) is above the savings rate (2%).
Earnings vs Market: ULBI's earnings (21% per year) are forecast to grow faster than the US market (17.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ULBI's revenue (9.2% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: ULBI's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ULBI's Return on Equity is forecast to be high in 3 years time
How has Ultralife performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ULBI has a large one-off gain of $1.6M impacting its December 31 2020 financial results.
Growing Profit Margin: ULBI's current net profit margins (4.9%) are lower than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: ULBI's earnings have grown significantly by 21% per year over the past 5 years.
Accelerating Growth: ULBI's earnings growth over the past year (0.4%) is below its 5-year average (21% per year).
Earnings vs Industry: ULBI earnings growth over the past year (0.4%) exceeded the Electrical industry -8.9%.
Return on Equity
High ROE: ULBI's Return on Equity (4.6%) is considered low.
How is Ultralife's financial position?
Financial Position Analysis
Short Term Liabilities: ULBI's short term assets ($64.5M) exceed its short term liabilities ($18.7M).
Long Term Liabilities: ULBI's short term assets ($64.5M) exceed its long term liabilities ($2.1M).
Debt to Equity History and Analysis
Debt Level: ULBI's debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: ULBI's debt to equity ratio has increased from 0.04% to 1.2% over the past 5 years.
Debt Coverage: ULBI's debt is well covered by operating cash flow (1595.9%).
Interest Coverage: ULBI's interest payments on its debt are well covered by EBIT (13.1x coverage).
What is Ultralife current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ULBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ULBI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ULBI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ULBI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ULBI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Popielec (58 yo)
Mr. Michael D. Popielec, also known as Mike, has been the President and Chief Executive Officer of Ultralife Corporation since December 30, 2010. Mr. Popielec served as the Group President of Applied Techn...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD736.55K) is above average for companies of similar size in the US market ($USD544.49K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Experienced Management: ULBI's management team is seasoned and experienced (10.3 years average tenure).
Experienced Board: ULBI's board of directors are seasoned and experienced ( 11.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ULBI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ultralife Corporation's company bio, employee growth, exchange listings and data sources
- Name: Ultralife Corporation
- Ticker: ULBI
- Exchange: NasdaqGM
- Founded: 1990
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$134.835m
- Shares outstanding: 15.99m
- Website: https://www.ultralifecorporation.com
Number of Employees
- Ultralife Corporation
- 2000 Technology Parkway
- New York
- United States
Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company serves government, defense, and...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 22:07|
|End of Day Share Price||2021/04/19 00:00|
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.