Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. More Details
Undervalued with excellent balance sheet.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ULBI underperformed the US Electrical industry which returned 19.3% over the past year.
Return vs Market: ULBI underperformed the US Market which returned 11.5% over the past year.
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
2 weeks ago | Simply Wall StWhat Percentage Of Ultralife Corporation (NASDAQ:ULBI) Shares Do Insiders Own?
4 weeks ago | Simply Wall StUltralife's (NASDAQ:ULBI) Stock Price Has Reduced 28% In The Past Year
1 month ago | Simply Wall StIs Ultralife (NASDAQ:ULBI) A Risky Investment?
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 ($5.72) is trading below our estimate of fair value ($18.97)
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 (17.3x) compared to the US Electrical industry average (24x).
PE vs Market: ULBI is good value based on its PE Ratio (17.3x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ULBI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ULBI is good value based on its PB Ratio (0.8x) compared to the US Electrical industry average (3.3x).
How is Ultralife forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ultralife has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Ultralife is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Capital Goods industry.
How has Ultralife performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ULBI has high quality earnings.
Growing Profit Margin: ULBI's current net profit margins (4.6%) are lower than last year (26.6%).
Past Earnings Growth Analysis
Earnings Trend: ULBI's earnings have grown significantly by 34.1% per year over the past 5 years.
Accelerating Growth: ULBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ULBI had negative earnings growth (-78%) over the past year, making it difficult to compare to the Electrical industry average (-19.2%).
Return on Equity
High ROE: ULBI's Return on Equity (4.7%) is considered low.
How is Ultralife's financial position?
Financial Position Analysis
Short Term Liabilities: ULBI's short term assets ($65.0M) exceed its short term liabilities ($14.5M).
Long Term Liabilities: ULBI's short term assets ($65.0M) exceed its long term liabilities ($10.8M).
Debt to Equity History and Analysis
Debt Level: ULBI's debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ULBI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ULBI's debt is well covered by operating cash flow (94.4%).
Interest Coverage: ULBI's interest payments on its debt are well covered by EBIT (14.4x coverage).
What is Ultralife current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ULBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ULBI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ULBI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ULBI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ULBI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Popielec (58 yo)
Mr. Michael D. Popielec, also known as Mike, has been the President and Chief Executive Officer of Ultralife Corporation since December 30, 2010. Mr. Popielec served as the Group President of Applied Techn ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD810.79K) is above average for companies of similar size in the US market ($USD593.13K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
|CEO, President & Director||9.83yrs||US$810.79k||1.7% |
|CFO, Treasurer & Corporate Secretary||10.92yrs||US$490.02k||0.60% |
|President of Communication System||no data||no data||no data|
|President of Battery & Energy Products||1.08yrs||no data||no data|
Experienced Management: ULBI's management team is seasoned and experienced (9.8 years average tenure).
|CEO, President & Director||9.83yrs||US$810.79k||1.7% |
|Independent Chairman||10.58yrs||US$101.50k||31.58% |
|Independent Director||20.17yrs||US$92.87k||0.50% |
|Independent Director||10.58yrs||US$91.35k||0.38% |
|Independent Director||10.33yrs||US$91.06k||0.35% |
Experienced Board: ULBI's board of directors are seasoned and experienced ( 10.6 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$90.913m
- Shares outstanding: 15.89m
- Website: https://www.ultralifecorporation.com
Number of Employees
- Ultralife Corporation
- 2000 Technology Parkway
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ULBI||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Dec 1992|
|ULB||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1992|
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||2020/10/28 23:34|
|End of Day Share Price||2020/10/28 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.