6.38 USD
+0.07 (+1.11%)
We assign a fundamental rating of 5 out of 10 to ULBI. ULBI was compared to 91 industry peers in the Electrical Equipment industry. ULBI has an average financial health and profitability rating. ULBI may be a bit undervalued, certainly considering the very reasonable score on growth This makes ULBI very considerable for value investing!
1. Profitability
1.1 Basic Checks
- In the past year ULBI was profitable.
- In the past year ULBI had a positive cash flow from operations.
- In multiple years ULBI reported negative net income over the last 5 years.
- ULBI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- ULBI has a better Return On Assets (0.77%) than 68.13% of its industry peers.
- ULBI has a Return On Equity of 1.25%. This is in the better half of the industry: ULBI outperforms 68.13% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.23%, ULBI is in the better half of the industry, outperforming 65.93% 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 9.92%.
- The 3 year average ROIC (3.14%) for ULBI is below the current ROIC(3.23%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 1.25% | ||
| ROIC | 3.23% |
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 Profit Margin of 0.92%. This is in the better half of the industry: ULBI outperforms 70.33% of its industry peers.
- ULBI's Profit Margin has declined in the last couple of years.
- With a decent Operating Margin value of 4.20%, ULBI is doing good in the industry, outperforming 68.13% of the companies in the same industry.
- In the last couple of years the Operating Margin of ULBI has remained more or less at the same level.
- ULBI has a Gross Margin (23.89%) which is comparable to the rest of the industry.
- ULBI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.2% | ||
| PM (TTM) | 0.92% | ||
| GM | 23.89% |
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.
- The number of shares outstanding for ULBI has been increased compared to 1 year ago.
- The number of shares outstanding for ULBI has been increased compared to 5 years ago.
- ULBI has a worse debt/assets ratio than last year.
2.2 Solvency
- ULBI has an Altman-Z score of 1.86. This is not the best score and indicates that ULBI is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 1.86, ULBI perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
- ULBI has a debt to FCF ratio of 5.62. This is a neutral value as ULBI would need 5.62 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 5.62, ULBI is doing good in the industry, outperforming 71.43% of the companies in the same industry.
- A Debt/Equity ratio of 0.34 indicates that ULBI is not too dependend on debt financing.
- ULBI has a Debt to Equity ratio (0.34) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 5.62 | ||
| Altman-Z | 1.86 |
ROIC/WACC0.43
WACC7.44%
2.3 Liquidity
- ULBI has a Current Ratio of 2.99. This indicates that ULBI is financially healthy and has no problem in meeting its short term obligations.
- With a decent Current ratio value of 2.99, ULBI is doing good in the industry, outperforming 76.92% of the companies in the same industry.
- A Quick Ratio of 1.42 indicates that ULBI should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.42, ULBI is doing good in the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.99 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
- ULBI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -77.78%.
- 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 grown by 12.94% in the past year. This is quite good.
- ULBI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.02% yearly.
EPS 1Y (TTM)-77.78%
EPS 3YN/A
EPS 5Y3.31%
EPS Q2Q%-450%
Revenue 1Y (TTM)12.94%
Revenue growth 3Y18.71%
Revenue growth 5Y9.02%
Sales Q2Q%21.51%
3.2 Future
- ULBI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 43.60% yearly.
- 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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 45.57, which means the current valuation is very expensive for ULBI.
- Based on the Price/Earnings ratio, ULBI is valued a bit cheaper than 69.23% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. ULBI is valued rather expensively when compared to this.
- With a Price/Forward Earnings ratio of 6.73, the valuation of ULBI can be described as very cheap.
- ULBI's Price/Forward Earnings ratio is rather cheap when compared to the industry. ULBI is cheaper than 98.90% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of ULBI to the average of the S&P500 Index (25.98), we can say ULBI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.57 | ||
| Fwd PE | 6.73 |
4.2 Price Multiples
- 93.41% of the companies in the same industry are more expensive than ULBI, based on the Enterprise Value to EBITDA ratio.
- ULBI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ULBI is cheaper than 94.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.87 | ||
| EV/EBITDA | 11.16 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as ULBI's earnings are expected to grow with 43.60% in the coming years.
PEG (NY)0.67
PEG (5Y)13.79
EPS Next 2Y43.6%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- No dividends for ULBI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ULTRALIFE CORP / ULBI FAQ
What is the ChartMill fundamental rating of ULTRALIFE CORP (ULBI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ULBI.
What is the valuation status for ULBI stock?
ChartMill assigns a valuation rating of 7 / 10 to ULTRALIFE CORP (ULBI). This can be considered as Undervalued.
Can you provide the profitability details for ULTRALIFE CORP?
ULTRALIFE CORP (ULBI) has a profitability rating of 5 / 10.
What are the PE and PB ratios of ULTRALIFE CORP (ULBI) stock?
The Price/Earnings (PE) ratio for ULTRALIFE CORP (ULBI) is 45.57 and the Price/Book (PB) ratio is 0.77.
What is the expected EPS growth for ULTRALIFE CORP (ULBI) stock?
The Earnings per Share (EPS) of ULTRALIFE CORP (ULBI) is expected to grow by 68.52% in the next year.