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UEIC

Universal ElectronicsNasdaqGS:UEIC Stock Report

Market Cap

US$680.6m

7D

-1.6%

1Y

39.4%

Updated

26 Sep, 2021

Data

Company Financials +
UEIC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends0/6

UEIC Overview

Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video accessories, and intelligent wireless security and smart home products for consumer electronics, subscription broadcasting, security, home automation, hospitality, and climate control markets.

Universal Electronics Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Universal Electronics
Historical stock prices
Current Share PriceUS$50.48
52 Week HighUS$36.48
52 Week LowUS$65.02
Beta1.24
1 Month Change-0.67%
3 Month Change4.93%
1 Year Change39.37%
3 Year Change28.29%
5 Year Change-32.21%
Change since IPO493.88%

Recent News & Updates

Shareholder Returns

UEICUS Consumer DurablesUS Market
7D-1.6%-0.9%0.1%
1Y39.4%38.0%35.3%

Return vs Industry: UEIC exceeded the US Consumer Durables industry which returned 37.9% over the past year.

Return vs Market: UEIC exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is UEIC's price volatile compared to industry and market?
UEIC volatility
UEIC Beta1.24
Industry Beta1.45
Market Beta1

Stable Share Price: UEIC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: UEIC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19863,839Paul Arlinghttps://www.uei.com

Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video accessories, and intelligent wireless security and smart home products for consumer electronics, subscription broadcasting, security, home automation, hospitality, and climate control markets. The company offers universal radio frequency (RF) and infrared remote controls; integrated circuits on which its software and universal device control database is embedded; and software, firmware, and technology solutions that enable devices, such as televisions, set-top boxes, audio systems, smart speakers, game controllers, and smart home and other consumer electronic devices to wirelessly connect and interact with home networks, as well as interactive services to control and deliver home entertainment, smart home services, and device or system information. It also provides proprietary and standards-based RF sensors designed for residential security, safety, and automation applications; wall-mount and handheld thermostat controllers, and connected accessories for intelligent energy management systems; and AV accessories.

Universal Electronics Fundamentals Summary

How do Universal Electronics's earnings and revenue compare to its market cap?
UEIC fundamental statistics
Market CapUS$680.65m
Earnings (TTM)US$30.91m
Revenue (TTM)US$610.80m

22.0x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UEIC income statement (TTM)
RevenueUS$610.80m
Cost of RevenueUS$424.50m
Gross ProfitUS$186.30m
ExpensesUS$155.39m
EarningsUS$30.91m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.29
Gross Margin30.50%
Net Profit Margin5.06%
Debt/Equity Ratio15.0%

How did UEIC perform over the long term?

See historical performance and comparison

Valuation

Is Universal Electronics undervalued compared to its fair value and its price relative to the market?

14.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UEIC ($50.48) is trading below our estimate of fair value ($59.27)

Significantly Below Fair Value: UEIC is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: UEIC is poor value based on its PE Ratio (22x) compared to the US Consumer Durables industry average (11.1x).

PE vs Market: UEIC is poor value based on its PE Ratio (22x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: UEIC is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: UEIC is overvalued based on its PB Ratio (2.2x) compared to the US Consumer Durables industry average (2.1x).


Future Growth

How is Universal Electronics forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

46.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UEIC's forecast earnings growth (46.4% per year) is above the savings rate (2%).

Earnings vs Market: UEIC's earnings (46.4% per year) are forecast to grow faster than the US market (15% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: UEIC's revenue (8.4% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: UEIC's revenue (8.4% 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 UEIC's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Universal Electronics performed over the past 5 years?

14.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UEIC has high quality earnings.

Growing Profit Margin: UEIC's current net profit margins (5.1%) are higher than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: UEIC's earnings have grown by 14.8% per year over the past 5 years.

Accelerating Growth: UEIC's earnings growth over the past year (3.2%) is below its 5-year average (14.8% per year).

Earnings vs Industry: UEIC earnings growth over the past year (3.2%) underperformed the Consumer Durables industry 77.1%.


Return on Equity

High ROE: UEIC's Return on Equity (10.1%) is considered low.


Financial Health

How is Universal Electronics's financial position?


Financial Position Analysis

Short Term Liabilities: UEIC's short term assets ($344.3M) exceed its short term liabilities ($197.0M).

Long Term Liabilities: UEIC's short term assets ($344.3M) exceed its long term liabilities ($17.1M).


Debt to Equity History and Analysis

Debt Level: UEIC's debt to equity ratio (15%) is considered satisfactory.

Reducing Debt: UEIC's debt to equity ratio has increased from 13.5% to 15% over the past 5 years.

Debt Coverage: UEIC's debt is well covered by operating cash flow (185.6%).

Interest Coverage: UEIC's interest payments on its debt are well covered by EBIT (61.9x coverage).


Balance Sheet


Dividend

What is Universal Electronics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate UEIC'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 UEIC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UEIC'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 UEIC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.7yrs

Average management tenure


CEO

Paul Arling (59 yo)

20.92yrs

Tenure

US$3,592,645

Compensation

Mr. Paul D. Arling has been the Chief Executive Officer of Universal Electronics Inc. since October 2000. He joined Universal Electronics Inc. in May 1996 as Chief Financial Officer. Mr. Arling served as t...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD3.59M) is above average for companies of similar size in the US market ($USD2.30M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: UEIC's management team is seasoned and experienced (11.7 years average tenure).


Board Members

Experienced Board: UEIC's board of directors are seasoned and experienced ( 14.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: UEIC insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Universal Electronics Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Universal Electronics Inc.
  • Ticker: UEIC
  • Exchange: NasdaqGS
  • Founded: 1986
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: US$680.650m
  • Shares outstanding: 13.48m
  • Website: https://www.uei.com

Number of Employees


Location

  • Universal Electronics Inc.
  • Scottsdale Quarter
  • Suite H300
  • Scottsdale
  • Arizona
  • 85254-2494
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 22:21
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.