Universal Electronics Inc. designs, develops, and manufactures pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for consumer electronics, subscription broadcasting, home entertainment, automation, security, and hospitality and climate control markets. More Details
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Universal Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
7 Day Return
US Consumer Durables
1 Year Return
US Consumer Durables
Return vs Industry: UEIC underperformed the US Consumer Durables industry which returned 22.2% over the past year.
Return vs Market: UEIC underperformed the US Market which returned 19.1% over the past year.
Long-Term 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
2 weeks ago | Simply Wall StIf You Had Bought Universal Electronics' (NASDAQ:UEIC) Shares A Year Ago You Would Be Down 29%
3 weeks ago | Simply Wall StHow Does Universal Electronics' (NASDAQ:UEIC) CEO Pay Compare With Company Performance?
1 month ago | Simply Wall StAn Intrinsic Calculation For Universal Electronics Inc. (NASDAQ:UEIC) Suggests It's 38% Undervalued
Is Universal Electronics 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: UEIC ($50.99) is trading above our estimate of fair value ($48.07)
Significantly Below Fair Value: UEIC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UEIC is poor value based on its PE Ratio (21.2x) compared to the US Consumer Durables industry average (14x).
PE vs Market: UEIC is poor value based on its PE Ratio (21.2x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: UEIC is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: UEIC is overvalued based on its PB Ratio (2.4x) compared to the US Consumer Durables industry average (1.5x).
How is Universal Electronics forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UEIC's forecast earnings growth (28.4% per year) is above the savings rate (2.2%).
Earnings vs Market: UEIC's earnings (28.4% per year) are forecast to grow faster than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: UEIC's revenue (8.3% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: UEIC's revenue (8.3% 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 (16.1%).
How has Universal Electronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UEIC has a large one-off gain of $9.2M impacting its September 30 2020 financial results.
Growing Profit Margin: UEIC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: UEIC's earnings have declined by 20.3% per year over the past 5 years.
Accelerating Growth: UEIC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: UEIC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Durables industry (29.1%).
Return on Equity
High ROE: UEIC's Return on Equity (11.3%) is considered low.
How is Universal Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: UEIC's short term assets ($329.8M) exceed its short term liabilities ($194.1M).
Long Term Liabilities: UEIC's short term assets ($329.8M) exceed its long term liabilities ($17.9M).
Debt to Equity History and Analysis
Debt Level: UEIC's debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: UEIC's debt to equity ratio has reduced from 17.6% to 16.9% over the past 5 years.
Debt Coverage: UEIC's debt is well covered by operating cash flow (178.3%).
Interest Coverage: UEIC's interest payments on its debt are well covered by EBIT (17.4x coverage).
What is Universal Electronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate UEIC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate UEIC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if UEIC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if UEIC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of UEIC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Arling (58 yo)
Mr. Paul D. Arling has been the Chief Executive Officer of Universal Electronics Inc. since October 2000. Mr. Arling served as the President and Chief Operating Officer of Universal Electronics Inc. from S...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD3.82M) is above average for companies of similar size in the US market ($USD2.60M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
|Chairman & CEO||20.08yrs||US$3.82m||1.47% |
|CFO & Senior VP||14.25yrs||US$1.44m||0.32% |
|Senior VP||27.08yrs||US$551.30k||no data|
|Senior Vice President of Global Sales||no data||US$767.28k||0.031% |
|Executive Vice President of Asia||no data||US$1.14m||0.087% |
|Senior Vice President of Operations||1.75yrs||no data||0.015% |
|Senior Vice President of Engineering||no data||no data||no data|
|Senior Vice President of Corporate Planning & Strategy||10.83yrs||no data||0.095% |
|Senior VP of Global Sales of Subscription Broadcast||5.83yrs||no data||no data|
|Senior Vice President of Global Sales at Home Automation||5.83yrs||no data||no data|
|Senior Vice President of Manufacturing Asia||10.83yrs||no data||no data|
|Senior Vice President of Product and Technology||no data||no data||no data|
Experienced Management: UEIC's management team is seasoned and experienced (10.8 years average tenure).
|Chairman & CEO||20.08yrs||US$3.82m||1.47% |
|Independent Director||28.83yrs||US$277.25k||0.16% |
|Independent Director||12.58yrs||US$266.25k||0.25% |
|Independent Director||14.08yrs||US$277.50k||0.20% |
|Independent Director||11.08yrs||US$266.25k||0.31% |
|Independent Director||18.25yrs||US$271.25k||0.89% |
|Independent Director||1yr||US$599.66k||0.033% |
Experienced Board: UEIC's board of directors are seasoned and experienced ( 14.1 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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Universal Electronics Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Universal Electronics Inc.
- Ticker: UEIC
- Exchange: NasdaqGS
- Founded: 1986
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: US$713.196m
- Shares outstanding: 13.75m
- Website: https://www.uei.com
Number of Employees
- Universal Electronics Inc.
- Scottsdale Quarter
- Suite H300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|UEIC||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Feb 1993|
|UE1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 1993|
Universal Electronics Inc. designs, develops, and manufactures pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for con...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 00:34|
|End of Day Share Price||2020/11/23 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.