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Universal Electronics NasdaqGS:UEIC Stock Report

Last Price


Market Cap







02 Oct, 2022


Company Financials +
UEIC fundamental analysis
Snowflake Score
Future Growth3/6
Past Performance0/6
Financial Health4/6

UEIC Stock Overview

Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for video services, consumer electronics, security, home automation, climate control, and home appliance 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$19.67
52 Week HighUS$50.53
52 Week LowUS$18.18
1 Month Change-7.26%
3 Month Change-24.38%
1 Year Change-60.51%
3 Year Change-59.50%
5 Year Change-69.74%
Change since IPO131.41%

Recent News & Updates

Aug 10
A Look At The Fair Value Of Universal Electronics Inc. (NASDAQ:UEIC)

A Look At The Fair Value Of Universal Electronics Inc. (NASDAQ:UEIC)

Does the August share price for Universal Electronics Inc. ( NASDAQ:UEIC ) reflect what it's really worth? Today, we...

Jul 21
Does Universal Electronics (NASDAQ:UEIC) Have A Healthy Balance Sheet?

Does Universal Electronics (NASDAQ:UEIC) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

UEICUS Consumer DurablesUS Market

Return vs Industry: UEIC underperformed the US Consumer Durables industry which returned -33.6% over the past year.

Return vs Market: UEIC underperformed the US Market which returned -23.2% over the past year.

Price Volatility

Is UEIC's price volatile compared to industry and market?
UEIC volatility
UEIC Average Weekly Movement6.2%
Consumer Durables Industry Average Movement6.1%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: UEIC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: UEIC's weekly volatility (6%) has been stable over the past year.

About the Company

19863,945Paul Arling

Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for video services, consumer electronics, security, home automation, climate control, and home appliance markets. The company offers universal radio frequency (RF) and infrared remote controls primarily for sale to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; integrated circuits on which its software and universal device control database is embedded for sale to OEMs, video service providers, and private label customers; and software, firmware, and technology solutions that enable devices, such as televisions, set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to connect and interact with home networks and interactive services to control and deliver home entertainment, smart home services, and device or system information. It also provides cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses principally to OEMs and video service providers; RF sensors for residential security, safety, and home automation applications; wall-mount and handheld thermostat controllers and connected accessories for intelligent energy management systems, primarily to OEM customers, as well as hotels and hospitality system integrators; and AV accessories to consumers, including universal remote controls, television wall mounts, and stands and digital television antennas.

Universal Electronics Fundamentals Summary

How do Universal Electronics's earnings and revenue compare to its market cap?
UEIC fundamental statistics
Market CapUS$248.90m
Earnings (TTM)-US$7.21m
Revenue (TTM)US$572.08m


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UEIC income statement (TTM)
Cost of RevenueUS$411.15m
Gross ProfitUS$160.93m
Other ExpensesUS$168.14m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date


Earnings per share (EPS)-0.57
Gross Margin28.13%
Net Profit Margin-1.26%
Debt/Equity Ratio33.2%

How did UEIC perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.


Is UEIC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for UEIC?

Other financial metrics that can be useful for relative valuation.

UEIC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA7.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does UEIC's PS Ratio compare to its peers?

UEIC PS Ratio vs Peers
The above table shows the PS ratio for UEIC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average8.2x
VOXX VOXX International
VUZI Vuzix
SNPO Snap One Holdings
UEIC Universal Electronics

Price-To-Sales vs Peers: UEIC is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (8.2x).

Price to Earnings Ratio vs Industry

How does UEIC's PE Ratio compare vs other companies in the US Consumer Durables Industry?

Price-To-Sales vs Industry: UEIC is good value based on its Price-To-Sales Ratio (0.4x) compared to the US Consumer Durables industry average (0.5x)

Price to Sales Ratio vs Fair Ratio

What is UEIC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

UEIC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: UEIC is good value based on its Price-To-Sales Ratio (0.4x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

Share Price vs Fair Value

What is the Fair Price of UEIC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: UEIC ($19.67) is trading below our estimate of fair value ($20.05)

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

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Future Growth

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

Future Growth Score


Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: UEIC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: UEIC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: UEIC is expected to become profitable in the next 3 years.

Revenue vs Market: UEIC's revenue (4.7% per year) is forecast to grow slower than the US market (7.7% per year).

High Growth Revenue: UEIC's revenue (4.7% 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

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Past Performance

How has Universal Electronics performed over the past 5 years?

Past Performance Score


Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: UEIC is currently unprofitable.

Growing Profit Margin: UEIC is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: UEIC is unprofitable, but has reduced losses over the past 5 years at a rate of 19.5% 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 (30.8%).

Return on Equity

High ROE: UEIC has a negative Return on Equity (-2.72%), as it is currently unprofitable.

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Financial Health

How is Universal Electronics's financial position?

Financial Health Score


Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: UEIC's short term assets ($348.5M) exceed its short term liabilities ($233.4M).

Long Term Liabilities: UEIC's short term assets ($348.5M) exceed its long term liabilities ($17.6M).

Debt to Equity History and Analysis

Debt Level: UEIC's net debt to equity ratio (12.8%) is considered satisfactory.

Reducing Debt: UEIC's debt to equity ratio has increased from 32.7% to 33.2% over the past 5 years.

Debt Coverage: UEIC's debt is not well covered by operating cash flow (7.6%).

Interest Coverage: UEIC's interest payments on its debt are well covered by EBIT (17.2x coverage).

Balance Sheet

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

Dividend Score


Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Universal Electronics Dividend Yield vs Market
How does Universal Electronics dividend yield compare to the market?
SegmentDividend Yield
Company (Universal Electronics)n/a
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Consumer Durables)2.9%
Analyst forecast in 3 Years (Universal Electronics)n/a

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.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as UEIC has not reported any payouts.

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


Average management tenure


Paul Arling (60 yo)





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

Paul Arling's Compensation vs Universal Electronics Earnings
How has Paul Arling's remuneration changed compared to Universal Electronics's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a


Mar 31 2022n/an/a


Dec 31 2021US$3mUS$830k


Sep 30 2021n/an/a


Jun 30 2021n/an/a


Mar 31 2021n/an/a


Dec 31 2020US$4mUS$830k


Sep 30 2020n/an/a


Jun 30 2020n/an/a


Mar 31 2020n/an/a


Dec 31 2019US$4mUS$830k


Sep 30 2019n/an/a


Jun 30 2019n/an/a


Mar 31 2019n/an/a


Dec 31 2018US$2mUS$830k


Sep 30 2018n/an/a


Jun 30 2018n/an/a


Mar 31 2018n/an/a


Dec 31 2017US$2mUS$830k


Sep 30 2017n/an/a


Jun 30 2017n/an/a


Mar 31 2017n/an/a


Dec 31 2016US$2mUS$794k


Sep 30 2016n/an/a


Jun 30 2016n/an/a


Mar 31 2016n/an/a


Dec 31 2015US$3mUS$580k


Compensation vs Market: Paul's total compensation ($USD2.96M) is above average for companies of similar size in the US market ($USD1.69M).

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 (12.8 years average tenure).

Board Members

Experienced Board: UEIC's board of directors are seasoned and experienced ( 16 years average tenure).


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

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

NasdaqGS:UEIC Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
22 Feb 22BuyUS$206,991William MulliganIndividual6,500US$31.84

Ownership Breakdown

What is the ownership structure of UEIC?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders637,9465.0%
General Public927,2237.3%

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

Top Shareholders

Top 25 shareholders own 77.63% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
BlackRock, Inc.
2,087,326$41.1m-1.33%no data
Eagle Asset Management, Inc.
The Vanguard Group, Inc.
788,396$15.5m-6.81%no data
Dimensional Fund Advisors LP
778,586$15.3m2.61%no data
William Blair Investment Management, LLC
Manulife Asset Management
State Street Global Advisors, Inc.
520,563$10.2m0.04%no data
Columbia Management Investment Advisers, LLC
324,321$6.4m-0.24%no data
Lapides Asset Management, LLC
Paul Arling
240,034$4.7m0.79%no data
Geode Capital Management, LLC
224,235$4.4m-5.37%no data
Charles Schwab Investment Management, Inc.
204,434$4.0m12.41%no data
Pacific Ridge Capital Partners, LLC
Peregrine Capital Management, LLC
Russell Investment Management, LLC
Foundry Partners, LLC
Kennedy Capital Management, Inc.
Segall Bryant & Hamill, LLC
Northern Trust Global Investments
137,553$2.7m-3.21%no data
BNY Mellon Asset Management
126,702$2.5m-8.54%no data
Satjiv Chahil
121,311$2.4m1.04%no data
Jacobs Levy Equity Management Inc
Invesco Capital Management LLC
86,126$1.7m10.09%no data
American Century Investment Management Inc
82,910$1.6m25.86%no data
D. E. Shaw & Co., L.P.
79,904$1.6m3.88%no data

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
  • Implied Market Cap: US$248.902m
  • Shares outstanding: 12.65m
  • Website:

Number of Employees


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


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

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/02 00:00
End of Day Share Price2022/09/30 00:00
Annual Earnings2021/12/31

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.