NasdaqGS:UEIC

Stock Analysis Report

Executive Summary

Universal Electronics Inc. develops and manufactures pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for home entertainment, automation, and security systems.

Snowflake

Fundamentals

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Universal Electronics's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.4%

UEIC

2.0%

US Consumer Durables

0.07%

US Market


1 Year Return

47.2%

UEIC

44.5%

US Consumer Durables

8.9%

US Market

Return vs Industry: UEIC exceeded the US Consumer Durables industry which returned 44.5% over the past year.

Return vs Market: UEIC exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

UEICIndustryMarket
7 Day-0.4%2.0%0.07%
30 Day2.9%7.2%-0.3%
90 Day19.4%15.5%-1.6%
1 Year47.2%47.2%46.5%44.5%11.3%8.9%
3 Year-26.7%-26.7%35.1%28.8%46.3%36.8%
5 Year-8.4%-8.4%39.2%30.2%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UEIC ($50.02) is trading below our estimate of fair value ($105.43)

Significantly Below Fair Value: UEIC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UEIC is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UEIC is overvalued based on its PB Ratio (2.7x) compared to the US Consumer Durables industry average (1.6x).


Next Steps

Future Growth

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

89.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: UEIC's revenue (4.9% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: UEIC's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UEIC's Return on Equity is forecast to be low in 3 years time (14.7%).


Next Steps

Past Performance

How has Universal Electronics performed over the past 5 years?

-39.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: UEIC is unprofitable, and losses have increased over the past 5 years at a rate of -39.1% per year.

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

Earnings vs Industry: UEIC is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (13.5%).


Return on Equity

High ROE: UEIC has a negative Return on Equity (-6.22%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Universal Electronics's financial position?


Financial Position Analysis

Short Term Liabilities: UEIC's short term assets ($388.9M) exceeds its short term liabilities ($290.4M)

Long Term Liabilities: UEIC's short term assets (388.9M) exceeds its long term liabilities (27.0M)


Debt to Equity History and Analysis

Debt Level: UEIC's debt to equity ratio (36.4%) is considered satisfactory

Reducing Debt: Insufficient data to determine if UEIC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: UEIC's debt is well covered by operating cash flow (38.9%).

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


Balance Sheet

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

Debt Coverage by Assets: UEIC's debt is covered by short term assets (assets are 4.094120x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate UEIC'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 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

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

7.8yrs

Average management tenure


CEO

Paul Arling (57yo)

19yrs

Tenure

US$2,353,020

Compensation

Mr. Paul D. Arling has been the Chief Executive Officer of Universal Electronics Inc. since October 2000. Mr. Arling served as the President and Chief Operating Officer of Universal Electronics Inc. from S ...


CEO Compensation Analysis

Compensation vs. Market: Paul's total compensation ($USD2.35M) is about average for companies of similar size in the US market ($USD2.67M).

Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

7.8yrs

Average Tenure

57yo

Average Age

Experienced Management: UEIC's management team is seasoned and experienced (7.8 years average tenure).


Board Age and Tenure

17.2yrs

Average Tenure

66yo

Average Age

Experienced Board: UEIC's board of directors are seasoned and experienced ( 17.2 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$64,25510 Sep 19
Cheung Chong
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Asia
Shares1,406
Max PriceUS$45.70
SellUS$273,60005 Sep 19
Cheung Chong
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Asia
Shares6,036
Max PriceUS$45.33
SellUS$569,30123 Aug 19
Carl Vogel
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares12,500
Max PriceUS$45.54
SellUS$350,27614 Aug 19
William Mulligan
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares7,811
Max PriceUS$44.84
SellUS$81,01013 Jun 19
J. Sparkman
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,000
Max PriceUS$40.51
SellUS$82,09911 Jun 19
Cheung Chong
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Asia
Shares2,000
Max PriceUS$41.05
SellUS$65,55816 May 19
Menno Koopmans
EntityIndividual
Role
Senior Key Executive
Senior VP & MD of EMEA
Shares1,505
Max PriceUS$43.56
SellUS$44,62915 May 19
J. Sparkman
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceUS$44.63
SellUS$63,76008 Mar 19
Cheung Chong
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Asia
Shares2,000
Max PriceUS$31.88
SellUS$33,98027 Feb 19
Richard Firehammer
EntityIndividual
Role
Chief Legal Officer
Senior VP
Shares1,011
Max PriceUS$33.61
SellUS$53,30503 Dec 18
Cheung Chong
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Asia
Shares1,523
Max PriceUS$35.00
SellUS$121,69530 Nov 18
Cheung Chong
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Asia
Shares3,477
Max PriceUS$35.00

Ownership Breakdown


Management Team

  • Paul Arling (57yo)

    Chairman & CEO

    • Tenure: 19yrs
    • Compensation: US$2.35m
  • Rick Firehammer (61yo)

    Senior VP

    • Tenure: 26yrs
    • Compensation: US$725.52k
  • Lou Hughes (53yo)

    Strategic Advisor to the CEO

    • Tenure: 0.7yrs
    • Compensation: US$1.34m
  • Joseph Miketo

    Senior Vice President of Manufacturing & Operations

    • Tenure: 0.7yrs
  • Norm Sheridan (57yo)

    Senior Vice President of Engineering

    • Tenure: 0yrs
  • Bryan Hackworth (49yo)

    CFO & Senior VP

    • Tenure: 13.2yrs
    • Compensation: US$951.93k
  • David Chong (57yo)

    Executive Vice President of Asia

    • Tenure: 0yrs
    • Compensation: US$738.23k
  • Ramzi Ammari

    Senior Vice President of Corporate Planning & Strategy

    • Tenure: 9.8yrs
  • Stephen Gutman

    Senior Vice President of Subscription Broadcast Unit - Americas

    • Tenure: 4.8yrs
  • Menno Koopmans (43yo)

    Senior VP & MD of EMEA

    • Tenure: 5.8yrs
    • Compensation: US$567.29k

Board Members

  • Bill Mulligan (66yo)

    Independent Director

    • Tenure: 27.8yrs
    • Compensation: US$232.50k
  • Gregory Stapleton (73yo)

    Independent Director

    • Tenure: 11.5yrs
    • Compensation: US$223.50k
  • Paul Arling (57yo)

    Chairman & CEO

    • Tenure: 19yrs
    • Compensation: US$2.35m
  • Ed Zinser (61yo)

    Independent Director

    • Tenure: 13yrs
    • Compensation: US$231.13k
  • Carl Vogel (62yo)

    Independent Director

    • Tenure: 10yrs
    • Compensation: US$220.50k
  • Satjiv Chahil (69yo)

    Independent Director

    • Tenure: 17.2yrs
    • Compensation: US$227.50k
  • J. Sparkman (87yo)

    Independent Director

    • Tenure: 21.8yrs
    • Compensation: US$235.63k

Company Information

Universal Electronics Inc.'s company bio, 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$694.239m
  • Shares outstanding: 13.88m
  • Website: https://www.uei.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UEICNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDFeb 1993
UE1DB (Deutsche Boerse AG)YesCommon StockDEEURFeb 1993

Biography

Universal Electronics Inc. develops and manufactures pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for home entertai ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:43
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.