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Market Cap

US$788.6m

Last Updated

2021/05/06 22:36 UTC

Data Sources

Company Financials +

Executive Summary

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. More Details


Snowflake Analysis

Flawless balance sheet with acceptable track record.


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

Stable Share Price: UEIC is less volatile than 75% 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.


Market Performance


7 Day Return

4.6%

UEIC

1.3%

US Consumer Durables

-1.7%

US Market


1 Year Return

45.8%

UEIC

122.3%

US Consumer Durables

51.8%

US Market

Return vs Industry: UEIC underperformed the US Consumer Durables industry which returned 122.8% over the past year.

Return vs Market: UEIC underperformed the US Market which returned 52.8% over the past year.


Shareholder returns

UEICIndustryMarket
7 Day4.6%1.3%-1.7%
30 Day2.9%5.8%1.5%
90 Day6.4%19.9%3.1%
1 Year45.8%45.8%124.8%122.3%54.4%51.8%
3 Year114.2%114.2%83.5%76.4%63.0%52.8%
5 Year-7.9%-7.9%118.2%102.6%127.2%101.9%

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

Valuation

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

5.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UEIC ($58.57) is trading below our estimate of fair value ($62.01)

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 (21.1x) compared to the US Consumer Durables industry average (18.1x).

PE vs Market: UEIC is poor value based on its PE Ratio (21.1x) compared to the US market (20.4x).


Price to Earnings Growth Ratio

PEG Ratio: UEIC is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: UEIC is overvalued based on its PB Ratio (2.6x) compared to the US Consumer Durables industry average (2.3x).


Future Growth

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

18.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UEIC's forecast earnings growth (18.8% per year) is above the savings rate (2%).

Earnings vs Market: UEIC's earnings (18.8% per year) are forecast to grow faster than the US market (15.7% per year).

High Growth Earnings: UEIC's earnings are forecast to grow, but not significantly.

Revenue vs Market: UEIC's revenue (6.9% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: UEIC's revenue (6.9% 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 (15.6%).


Past Performance

How has Universal Electronics performed over the past 5 years?

-6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UEIC has a large one-off gain of $9.5M impacting its December 31 2020 financial results.

Growing Profit Margin: UEIC's current net profit margins (6.3%) are higher than last year (0.5%).


Past Earnings Growth Analysis

Earnings Trend: UEIC's earnings have declined by 6.9% per year over the past 5 years.

Accelerating Growth: UEIC's earnings growth over the past year (941%) exceeds its 5-year average (-6.9% per year).

Earnings vs Industry: UEIC earnings growth over the past year (941%) exceeded the Consumer Durables industry 56.9%.


Return on Equity

High ROE: UEIC's Return on Equity (12.3%) is considered low.


Financial Health

How is Universal Electronics's financial position?


Financial Position Analysis

Short Term Liabilities: UEIC's short term assets ($326.8M) exceed its short term liabilities ($179.5M).

Long Term Liabilities: UEIC's short term assets ($326.8M) exceed its long term liabilities ($17.5M).


Debt to Equity History and Analysis

Debt Level: UEIC's debt to equity ratio (6.4%) is considered satisfactory.

Reducing Debt: UEIC's debt to equity ratio has reduced from 18.3% to 6.4% over the past 5 years.

Debt Coverage: UEIC's debt is well covered by operating cash flow (367%).

Interest Coverage: UEIC's interest payments on its debt are well covered by EBIT (26.2x 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?

11.3yrs

Average management tenure


CEO

Paul Arling (58 yo)

20.58yrs

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 ($USD3.59M) is above average for companies of similar size in the US market ($USD2.34M).

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 (11.3 years average tenure).


Board Members

Experienced Board: UEIC's board of directors are seasoned and experienced ( 14.6 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 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$788.551m
  • Shares outstanding: 13.77m
  • Website: https://www.uei.com

Number of Employees


Location

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

Listings


Biography

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 c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 22:36
End of Day Share Price2021/05/06 00:00
Earnings2020/12/31
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.