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
Flawless balance sheet with acceptable track record.
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.
7 Day Return
US Consumer Durables
1 Year Return
US Consumer Durables
Return vs Industry: UEIC underperformed the US Consumer Durables industry which returned 120.5% over the past year.
Return vs Market: UEIC underperformed the US Market which returned 52.4% 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
4 weeks ago | Simply Wall StDo Fundamentals Have Any Role To Play In Driving Universal Electronics Inc.'s (NASDAQ:UEIC) Stock Up Recently?
1 month ago | Simply Wall StReturns At Universal Electronics (NASDAQ:UEIC) Appear To Be Weighed Down
1 month ago | Simply Wall StWith EPS Growth And More, Universal Electronics (NASDAQ:UEIC) Is Interesting
Is Universal Electronics undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UEIC ($57.25) is trading below our estimate of fair value ($62.02)
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 (20.6x) compared to the US Consumer Durables industry average (18x).
PE vs Market: UEIC's PE Ratio (20.6x) is in line with the US market.
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 (2.5x) compared to the US Consumer Durables industry average (2.3x).
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 (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 (16% 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 (9.3% 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%).
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 $9.5M 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.
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 ($17.5M).
Debt to Equity History and Analysis
Debt Level: UEIC's debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: UEIC's debt to equity ratio has reduced from 18.3% to 6.4% over the past 5 years.
Debt Coverage: UEIC's debt is well covered by operating cash flow (367%).
Interest Coverage: UEIC's interest payments on its debt are well covered by EBIT (26.2x coverage).
What is Universal Electronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate UEIC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate UEIC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if UEIC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if UEIC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of UEIC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Arling (58 yo)
Mr. Paul D. Arling has been the Chief Executive Officer of Universal Electronics Inc. since October 2000. He joined Universal Electronics Inc. in May 1996 as Chief Financial Officer. Mr. Arling served as t...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD3.59M) is above average for companies of similar size in the US market ($USD2.33M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Experienced Management: UEIC's management team is seasoned and experienced (11.3 years average tenure).
Experienced Board: UEIC's board of directors are seasoned and experienced ( 14.6 years average tenure).
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
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$790.204m
- Shares outstanding: 13.77m
- Website: https://www.uei.com
Number of Employees
- Universal Electronics Inc.
- Scottsdale Quarter
- Suite H300
- United States
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/05 22:13|
|End of Day Share Price||2021/05/05 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.