NasdaqCM:UFPT

Stock Analysis Report

Executive Summary

UFP Technologies, Inc. designs and converts foams, plastics, composites, and natural fiber materials for the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets in the United States.


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has UFP Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UFPT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.1%

UFPT

11.9%

US Packaging

7.2%

US Market


1 Year Return

2.0%

UFPT

-14.1%

US Packaging

-10.4%

US Market

Return vs Industry: UFPT exceeded the US Packaging industry which returned -14.1% over the past year.

Return vs Market: UFPT exceeded the US Market which returned -10.4% over the past year.


Shareholder returns

UFPTIndustryMarket
7 Day-4.1%11.9%7.2%
30 Day-25.2%-9.1%-12.6%
90 Day-25.7%-19.6%-19.4%
1 Year2.0%2.0%-12.0%-14.1%-8.5%-10.4%
3 Year47.5%47.5%0.7%-6.1%15.8%8.3%
5 Year70.0%70.0%10.3%-3.3%35.8%21.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is UFP Technologies 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: UFPT ($36.88) is trading below our estimate of fair value ($137.58)

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


Price To Earnings Ratio

PE vs Industry: UFPT is good value based on its PE Ratio (13.9x) compared to the Packaging industry average (15.4x).

PE vs Market: UFPT is poor value based on its PE Ratio (13.9x) compared to the US market (13.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UFPT is good value based on its PB Ratio (1.7x) compared to the US Packaging industry average (2.5x).


Next Steps

Future Growth

How is UFP Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.0%

Forecasted Materials industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if UFPT's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if UFPT's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if UFPT's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if UFPT's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if UFPT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has UFP Technologies performed over the past 5 years?

21.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UFPT has high quality earnings.

Growing Profit Margin: UFPT's current net profit margins (10%) are higher than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: UFPT's earnings have grown significantly by 21.9% per year over the past 5 years.

Accelerating Growth: UFPT's earnings growth over the past year (38%) exceeds its 5-year average (21.9% per year).

Earnings vs Industry: UFPT earnings growth over the past year (38%) exceeded the Packaging industry -5.6%.


Return on Equity

High ROE: UFPT's Return on Equity (12.2%) is considered low.


Next Steps

Financial Health

How is UFP Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: UFPT's short term assets ($53.3M) exceed its short term liabilities ($16.3M).

Long Term Liabilities: UFPT's short term assets ($53.3M) exceed its long term liabilities ($10.5M).


Debt to Equity History and Analysis

Debt Level: UFPT's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: UFPT's debt to equity ratio has reduced from 3% to 0.2% over the past 5 years.

Debt Coverage: UFPT's debt is well covered by operating cash flow (9608.9%).

Interest Coverage: UFPT's interest payments on its debt are well covered by EBIT (23.3x coverage).


Balance Sheet

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

Debt Coverage by Assets: UFPT's debt is covered by short term assets (assets are 163.8x debt).


Next Steps

Dividend

What is UFP Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if UFPT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UFPT'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 UFPT'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?

14.0yrs

Average management tenure


CEO

R. Bailly (57yo)

25.17s

Tenure

US$1,940,101

Compensation

Mr. R. Jeffrey Bailly has been the Chairman of UFP Technologies Inc. since October 6, 2006 and has been its Chief Executive Officer and President since January 1, 1995. Mr. Bailly joined UFP Technologies I ...


CEO Compensation Analysis

Compensation vs Market: R.'s total compensation ($USD1.94M) is above average for companies of similar size in the US market ($USD1.49M).

Compensation vs Earnings: R.'s compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
R. Bailly
Chairman25.17yrsUS$1.94m5.57% $15.3m
Ronald Lataille
CFO, Senior VP & Treasurer22.25yrsUS$581.63k0.87% $2.4m
Mitchell Rock
Senior Vice President of Sales & Marketing5.67yrsUS$544.18k0.22% $596.0k
William Smith
Senior Vice President of Operations5.67yrsUS$479.92k0.10% $288.5k
Christopher Litterio
General Counsel2.25yrsno data0.056% $155.1k
Daniel Shaw
Vice President of Research & Development23.42yrsUS$349.74k0.20% $539.0k

14.0yrs

Average Tenure

56.5yo

Average Age

Experienced Management: UFPT's management team is seasoned and experienced (14 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
R. Bailly
Chairman25.17yrsUS$1.94m5.57% $15.3m
Lucia Quinn
Independent Director6.25yrsUS$67.50k0.051% $139.1k
Thomas Oberdorf
Independent Director16.17yrsUS$65.00k0.69% $1.9m
Daniel Croteau
Independent Director4.25yrsUS$65.00k0.032% $88.2k
Marc Kozin
Lead Director5.17yrsUS$72.50k0.53% $1.5m
Cynthia Feldmann
Independent Director2.67yrsUS$67.50k0.016% $44.6k
Robert Pierce
Independent Director11.67yrsUS$65.00k0.82% $2.3m

6.3yrs

Average Tenure

62yo

Average Age

Experienced Board: UFPT's board of directors are considered experienced (6.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: UFPT 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

UFP Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: UFP Technologies, Inc.
  • Ticker: UFPT
  • Exchange: NasdaqCM
  • Founded: 1963
  • Industry: Paper Packaging
  • Sector: Materials
  • Market Cap: US$275.245m
  • Shares outstanding: 7.46m
  • Website: https://www.ufpt.com

Number of Employees


Location

  • UFP Technologies, Inc.
  • 100 Hale Street
  • Newburyport
  • Massachusetts
  • 01950-3504
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UFPTNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDDec 1993

Biography

UFP Technologies, Inc. designs and converts foams, plastics, composites, and natural fiber materials for the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets in the United States. It offers single patient use surfaces, advanced wound care, infection prevention, and disposables for surgical procedures, endoscopic procedures, orthopedic implants, orthopedic appliances, biopharma drug manufacturing, etc.; molded components for automotive, aerospace, and defense markets; recycled protective packaging for B2C brands; and reusable cases and custom inserts. The company markets and sells its products through direct sales forces and independent manufacturer representatives. UFP Technologies, Inc. was founded in 1963 and is headquartered in Newburyport, Massachusetts. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 00:17
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.