ULTRALIFE CORP (ULBI) Stock Fundamental Analysis
NASDAQ:ULBI - US9038991025 - Common Stock
7.21 USD
+0.55 (+8.26%)
7.3 USD
+0.09 (+1.25%)
Taking everything into account, ULBI scores 5 out of 10 in our fundamental rating. ULBI was compared to 93 industry peers in the Electrical Equipment industry. ULBI has only an average score on both its financial health and profitability. ULBI scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, ULBI could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
ULBI had positive earnings in the past year.
ULBI had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ULBI reported negative net income in multiple years.
ULBI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.45%, ULBI is in the better half of the industry, outperforming 69.89% of the companies in the same industry.
ULBI has a better Return On Equity (2.31%) than 67.74% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.75%, ULBI is in the better half of the industry, outperforming 69.89% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ULBI is significantly below the industry average of 10.01%.
The 3 year average ROIC (3.14%) for ULBI is below the current ROIC(3.75%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.45% | ||
| ROE | 2.31% | ||
| ROIC | 3.75% |
ROA(3y)2.28%
ROA(5y)2.1%
ROE(3y)3.46%
ROE(5y)2.93%
ROIC(3y)3.14%
ROIC(5y)N/A
1.3 Margins
ULBI has a better Profit Margin (1.79%) than 70.97% of its industry peers.
In the last couple of years the Profit Margin of ULBI has declined.
ULBI's Operating Margin of 5.14% is fine compared to the rest of the industry. ULBI outperforms 70.97% of its industry peers.
ULBI's Operating Margin has been stable in the last couple of years.
ULBI has a Gross Margin (24.39%) which is in line with its industry peers.
In the last couple of years the Gross Margin of ULBI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.14% | ||
| PM (TTM) | 1.79% | ||
| GM | 24.39% |
OM growth 3YN/A
OM growth 5Y-0.24%
PM growth 3YN/A
PM growth 5Y-4.65%
GM growth 3Y0.93%
GM growth 5Y-2.51%
2. Health
2.1 Basic Checks
ULBI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ULBI has more shares outstanding
The number of shares outstanding for ULBI has been increased compared to 5 years ago.
The debt/assets ratio for ULBI is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.99 indicates that ULBI is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.99, ULBI perfoms like the industry average, outperforming 59.14% of the companies in the same industry.
The Debt to FCF ratio of ULBI is 3.67, which is a good value as it means it would take ULBI, 3.67 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.67, ULBI is doing good in the industry, outperforming 77.42% of the companies in the same industry.
ULBI has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
ULBI has a Debt to Equity ratio (0.34) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.67 | ||
| Altman-Z | 1.99 |
ROIC/WACC0.49
WACC7.58%
2.3 Liquidity
A Current Ratio of 3.31 indicates that ULBI has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.31, ULBI is in the better half of the industry, outperforming 77.42% of the companies in the same industry.
A Quick Ratio of 1.62 indicates that ULBI should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.62, ULBI is in the better half of the industry, outperforming 62.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.31 | ||
| Quick Ratio | 1.62 |
3. Growth
3.1 Past
ULBI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -67.61%.
Measured over the past 5 years, ULBI shows a small growth in Earnings Per Share. The EPS has been growing by 3.31% on average per year.
The Revenue has been growing slightly by 5.86% in the past year.
Measured over the past years, ULBI shows a quite strong growth in Revenue. The Revenue has been growing by 9.02% on average per year.
EPS 1Y (TTM)-67.61%
EPS 3YN/A
EPS 5Y3.31%
EPS Q2Q%-68.18%
Revenue 1Y (TTM)5.86%
Revenue growth 3Y18.71%
Revenue growth 5Y9.02%
Sales Q2Q%12.98%
3.2 Future
The Earnings Per Share is expected to grow by 43.60% on average over the next years. This is a very strong growth
ULBI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.34% yearly.
EPS Next Y68.52%
EPS Next 2Y43.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year31.82%
Revenue Next 2Y18.34%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
ULBI is valuated quite expensively with a Price/Earnings ratio of 31.35.
ULBI's Price/Earnings ratio is a bit cheaper when compared to the industry. ULBI is cheaper than 74.19% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.24. ULBI is around the same levels.
With a Price/Forward Earnings ratio of 7.60, the valuation of ULBI can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ULBI indicates a rather cheap valuation: ULBI is cheaper than 98.92% of the companies listed in the same industry.
ULBI is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.35 | ||
| Fwd PE | 7.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ULBI is valued cheaply inside the industry as 90.32% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ULBI is valued cheaper than 96.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.63 | ||
| EV/EBITDA | 11.31 |
4.3 Compensation for Growth
ULBI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ULBI's earnings are expected to grow with 43.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.46
PEG (5Y)9.48
EPS Next 2Y43.6%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for ULBI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.21
+0.55 (+8.26%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners73.53%
Inst Owner Change-0.43%
Ins Owners3.17%
Ins Owner Change1.44%
Market Cap119.97M
Analysts82.86
Price Target14.28 (98.06%)
Short Float %1.16%
Short Ratio1.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-33.01%
Min EPS beat(2)-50.98%
Max EPS beat(2)-15.03%
EPS beat(4)0
Avg EPS beat(4)-62.53%
Min EPS beat(4)-93.46%
Max EPS beat(4)-15.03%
EPS beat(8)3
Avg EPS beat(8)0.49%
EPS beat(12)5
Avg EPS beat(12)43.66%
EPS beat(16)7
Avg EPS beat(16)37.65%
Revenue beat(2)1
Avg Revenue beat(2)-1.5%
Min Revenue beat(2)-6.65%
Max Revenue beat(2)3.65%
Revenue beat(4)2
Avg Revenue beat(4)-3.53%
Min Revenue beat(4)-18.62%
Max Revenue beat(4)7.48%
Revenue beat(8)5
Avg Revenue beat(8)0.55%
Revenue beat(12)7
Avg Revenue beat(12)3.79%
Revenue beat(16)10
Avg Revenue beat(16)3.23%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.38%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.35 | ||
| Fwd PE | 7.6 | ||
| P/S | 0.67 | ||
| P/FCF | 8.63 | ||
| P/OCF | 7.02 | ||
| P/B | 0.87 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 11.31 |
EPS(TTM)0.23
EY3.19%
EPS(NY)0.95
Fwd EY13.16%
FCF(TTM)0.84
FCFY11.59%
OCF(TTM)1.03
OCFY14.25%
SpS10.75
BVpS8.32
TBVpS4.16
PEG (NY)0.46
PEG (5Y)9.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.45% | ||
| ROE | 2.31% | ||
| ROCE | 4.81% | ||
| ROIC | 3.75% | ||
| ROICexc | 3.98% | ||
| ROICexgc | 6.46% | ||
| OM | 5.14% | ||
| PM (TTM) | 1.79% | ||
| GM | 24.39% | ||
| FCFM | 7.77% |
ROA(3y)2.28%
ROA(5y)2.1%
ROE(3y)3.46%
ROE(5y)2.93%
ROIC(3y)3.14%
ROIC(5y)N/A
ROICexc(3y)3.31%
ROICexc(5y)N/A
ROICexgc(3y)5.27%
ROICexgc(5y)N/A
ROCE(3y)4.03%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y2.06%
ROICexc growth 3YN/A
ROICexc growth 5Y-0.19%
OM growth 3YN/A
OM growth 5Y-0.24%
PM growth 3YN/A
PM growth 5Y-4.65%
GM growth 3Y0.93%
GM growth 5Y-2.51%
F-Score3
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.67 | ||
| Debt/EBITDA | 3.36 | ||
| Cap/Depr | 64.6% | ||
| Cap/Sales | 1.79% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 120.88% | ||
| Profit Quality | 434.92% | ||
| Current Ratio | 3.31 | ||
| Quick Ratio | 1.62 | ||
| Altman-Z | 1.99 |
F-Score3
WACC7.58%
ROIC/WACC0.49
Cap/Depr(3y)49.8%
Cap/Depr(5y)66.84%
Cap/Sales(3y)1.35%
Cap/Sales(5y)1.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-67.61%
EPS 3YN/A
EPS 5Y3.31%
EPS Q2Q%-68.18%
EPS Next Y68.52%
EPS Next 2Y43.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.86%
Revenue growth 3Y18.71%
Revenue growth 5Y9.02%
Sales Q2Q%12.98%
Revenue Next Year31.82%
Revenue Next 2Y18.34%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-33.21%
EBIT growth 3YN/A
EBIT growth 5Y8.76%
EBIT Next Year101.77%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y3132.56%
FCF growth 3Y113.07%
FCF growth 5YN/A
OCF growth 1Y575.69%
OCF growth 3Y56.62%
OCF growth 5YN/A