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

Fundamentals

Solid track record with excellent balance sheet.


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


Market Performance


7 Day Return

3.9%

UFPT

2.2%

US Packaging

2.3%

US Market


1 Year Return

15.5%

UFPT

11.7%

US Packaging

5.6%

US Market

Return vs Industry: UFPT exceeded the US Packaging industry which returned 11.7% over the past year.

Return vs Market: UFPT exceeded the US Market which returned 5.6% over the past year.


Shareholder returns

UFPTIndustryMarket
7 Day3.9%2.2%2.3%
30 Day-2.9%-0.7%-1.0%
90 Day-2.8%-1.9%-0.7%
1 Year15.5%15.5%14.4%11.7%7.9%5.6%
3 Year54.5%54.5%21.1%13.4%45.6%36.3%
5 Year91.2%91.2%46.3%29.1%65.8%47.6%

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

Undervalued: UFPT ($40.7) is trading below our estimate of fair value ($81.58)

Significantly Undervalued: UFPT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UFPT is poor value based on its PE Ratio (17.8x) compared to the Packaging industry average (16.9x).

PE vs Market: UFPT is poor value based on its PE Ratio (17.8x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UFPT is good value based on its PB Ratio (2x) compared to the US Packaging industry average (3.4x).


Next Steps

Future Growth

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

16.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UFPT's forecast earnings growth (16.1% per year) is above the savings rate (2.7%).

Earnings vs Market: UFPT's earnings (16.1% per year) are forecast to grow faster than the US market (14.5% per year).

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

Revenue vs Market: UFPT's revenue (5.5% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: UFPT's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High 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?

13.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: UFPT's earnings have grown by 13.9% per year over the past 5 years.

Accelerating Growth: UFPT's earnings growth over the past year (65.8%) exceeds its 5-year average (13.9% per year).

Earnings vs Industry: UFPT earnings growth over the past year (65.8%) exceeded the Packaging industry -1%.


Return on Equity

High ROE: UFPT's Return on Equity (11.3%) is considered low.


Return on Assets

ROA vs Industry: UFPT has a higher Return on Assets than the Packaging industry average last year.


Return on Capital Employed

ROCE Improving: UFPT has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is UFP Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: UFPT's short term assets ($57.9M) exceeds its short term liabilities ($20.9M)

Long Term Liabilities: UFPT's short term assets (57.9M) exceeds its long term liabilities (24.4M)


Debt to Equity History and Analysis

Debt Level: UFPT's debt to equity ratio (11.9%) is considered satisfactory

Reducing Debt: UFPT's debt to equity ratio has increased from 3.7% to 11.9% over the past 5 years.

Debt Coverage: UFPT's debt is well covered by operating cash flow (147.4%).

Interest Coverage: UFPT's interest payments on its debt are well covered by EBIT (15.7x 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 3.254530x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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.

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

What is the CEO of UFP Technologies's salary, the management and board of directors tenure and is there insider trading?

13.6yrs

Average management tenure


CEO

R. Bailly (57yo)

24.8yrs

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 ($USD1.94M) is about average for companies of similar size in the US market ($USD1.82M).

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


Management Age and Tenure

13.6yrs

Average Tenure

56.5yo

Average Age

Experienced Management: UFPT's management team is seasoned and experienced (13.6 years average tenure).


Board Age and Tenure

5.8yrs

Average Tenure

62yo

Average Age

Experienced Board: UFPT's board of directors are considered experienced (5.8 years average tenure).


Insider Trading

Insider Buying: UFPT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$255,77112 Sep 19
Marc Kozin
EntityIndividual
Role
Lead Director
Lead Director
Shares6,407
Max PriceUS$40.53
SellUS$515,57710 Jun 19
R. Bailly
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares13,329
Max PriceUS$38.70
SellUS$297,25106 Jun 19
R. Bailly
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares7,680
Max PriceUS$38.71
SellUS$253,26423 May 19
R. Bailly
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares6,573
Max PriceUS$38.56
SellUS$6,211,70304 Apr 19
Ancora Advisors, LLC
EntityCompany
Shares165,926
Max PriceUS$37.47
BuyUS$331,34404 Apr 19
Ancora Advisors, LLC
EntityCompany
Shares10,035
Max PriceUS$33.88
SellUS$563,24112 Mar 19
Mitchell Rock
EntityIndividual
Role
Head of Sales
Senior Vice President of Sales & Marketing
Shares17,099
Max PriceUS$32.94
SellUS$81,36806 Dec 18
R. Bailly
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares2,225
Max PriceUS$36.57
SellUS$362,64504 Dec 18
R. Bailly
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares9,907
Max PriceUS$36.62
SellUS$217,09130 Nov 18
R. Bailly
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares5,929
Max PriceUS$36.63
SellUS$127,58328 Nov 18
R. Bailly
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares3,488
Max PriceUS$36.58
SellUS$120,88726 Nov 18
R. Bailly
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares3,295
Max PriceUS$36.69
SellUS$14,70921 Nov 18
R. Bailly
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares400
Max PriceUS$36.77
SellUS$25,50820 Nov 18
R. Bailly
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares698
Max PriceUS$36.54
SellUS$2,771,36016 Nov 18
Ancora Advisors, LLC
EntityCompany
Shares70,716
Max PriceUS$39.19

Ownership Breakdown


Management Team

  • R. Bailly (57yo)

    Chairman

    • Tenure: 24.8yrs
    • Compensation: US$1.94m
  • Ron Lataille (57yo)

    CFO, Senior VP & Treasurer

    • Tenure: 21.9yrs
    • Compensation: US$581.63k
  • Daniel Shaw (58yo)

    Vice President of Research & Development

    • Tenure: 23yrs
    • Compensation: US$349.74k
  • Mitchell Rock (51yo)

    Senior Vice President of Sales & Marketing

    • Tenure: 5.3yrs
    • Compensation: US$544.18k
  • William Smith (56yo)

    Senior Vice President of Operations

    • Tenure: 5.3yrs
    • Compensation: US$479.92k
  • Chris Litterio (56yo)

    General Counsel

    • Tenure: 1.9yrs

Board Members

  • R. Bailly (57yo)

    Chairman

    • Tenure: 24.8yrs
    • Compensation: US$1.94m
  • Lucia Quinn (65yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$67.50k
  • Tom Oberdorf (62yo)

    Independent Director

    • Tenure: 15.8yrs
    • Compensation: US$65.00k
  • Dan Croteau (53yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$65.00k
  • Marc Kozin (58yo)

    Lead Director

    • Tenure: 4.8yrs
    • Compensation: US$72.50k
  • Cynthia Feldmann (66yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$67.50k
  • Robert Pierce (65yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$65.00k

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$302.329m
  • Shares outstanding: 7.43m
  • Website: https://www.ufpt.com

Number of Employees


Location

  • UFP Technologies, Inc.
  • 100 Hale Street
  • Newburyport
  • Massachusetts
  • 1950
  • 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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 23:45
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.