Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide.
Adequate balance sheet with questionable track record.
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 -20.1% 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
1 week ago | Simply Wall StWhat Did Ultralife Corporation's (NASDAQ:ULBI) CEO Take Home Last Year?
3 weeks ago | Simply Wall StWhat Kind Of Shareholder Owns Most Ultralife Corporation (NASDAQ:ULBI) Stock?
1 month ago | Simply Wall StIs Ultralife Corporation's (NASDAQ:ULBI) 22% ROE Better Than Average?
Is Ultralife undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ULBI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ULBI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ULBI is poor value based on its PE Ratio (16.4x) compared to the Electrical industry average (14.9x).
PE vs Market: ULBI is poor value based on its PE Ratio (16.4x) compared to the US market (13x).
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 (1.3x).
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 Ultralife's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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 (4.9%) are lower than last year (28.6%).
Past Earnings Growth Analysis
Earnings Trend: ULBI has become profitable over the past 5 years, growing earnings by 52.1% per year.
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 (-79.1%) over the past year, making it difficult to compare to the Electrical industry average (-1.4%).
Return on Equity
High ROE: ULBI's Return on Equity (4.8%) is considered low.
How is Ultralife's financial position?
Financial Position Analysis
Short Term Liabilities: ULBI's short term assets ($70.4M) exceed its short term liabilities ($17.2M).
Long Term Liabilities: ULBI's short term assets ($70.4M) exceed its long term liabilities ($17.6M).
Debt to Equity History and Analysis
Debt Level: ULBI's debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ULBI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ULBI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ULBI's interest payments on its debt are well covered by EBIT (20x coverage).
Inventory Level: ULBI has a high level of physical assets or inventory.
Debt Coverage by Assets: ULBI's debt is covered by short term assets (assets are 4.1x debt).
What is Ultralife's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ULBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ULBI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ULBI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ULBI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ULBI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Popielec (57yo)
Mr. Michael D. Popielec, also known as Mike, has been the President and Chief Executive Officer of Ultralife Corporation since December 30, 2010. Mr. Popielec served as the Group President of Applied Techn ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD955.72K) is above average for companies of similar size in the US market ($USD601.33K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
|CEO, President & Director||9.25yrs||US$955.72k||1.7% $1.5m|
|CFO, Treasurer & Corporate Secretary||10.33yrs||US$452.60k||0.60% $513.0k|
|President of Communication System||no data||no data||no data|
|President of Battery & Energy Products||0.50yr||no data||no data|
Experienced Management: ULBI's management team is seasoned and experienced (9.3 years average tenure).
|CEO, President & Director||9.25yrs||US$955.72k||1.7% $1.5m|
|Independent Chairman||10yrs||US$97.50k||no data|
|Independent Director||19.58yrs||US$90.00k||0.50% $430.9k|
|Independent Director||10yrs||US$88.50k||0.38% $326.4k|
|Independent Director||9.75yrs||US$86.50k||0.34% $288.9k|
Experienced Board: ULBI's board of directors are seasoned and experienced ( 10 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$85.702m
- Shares outstanding: 15.87m
- 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 commercial sectors. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeable batteries; lithium ion cells, multi-kilowatt module lithium ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables. The Communications Systems segment provides communications systems and accessories to support military communications systems, such as radio frequency amplifiers, power supplies and cables, connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, and integrated communication systems for fixed or vehicle applications comprising vehicle adapters, vehicle installed power enhanced rifleman appliqué systems, and SATCOM systems. This segment’s military communications systems and accessories are designed to enhance and extend the operation of communications equipment, such as vehicle-mounted, manpack, and handheld transceivers. It sells its products under the Ultralife, Lithium Power, McDowell Research, AMTI, ABLE, ACCUTRONICS, ACCUPRO, ENTELLION, SWE DRILL-DATA, and SWE SEASAFE brands through original equipment manufacturers, and industrial and defense supply distributors, as well as directly to the United States and international defense departments. In addition, the company sells its 9-volt battery to the broader consumer market through national and regional retail chains and Internet retailers. Ultralife Corporation was founded in 1990 and is headquartered in Newark, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 00:59|
|End of Day Share Price||2020/03/27 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.