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ULBI

NEUTRAL
$7.76 Live
Ultralife Corporation · NASDAQ
$4.3 52W Range $9.52

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 22, 2026
Market cap
$129.25M
P/E
N/A
ROE
-4.5%
Profit margin
-3.1%
Debt/Equity
0.41
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
85%
ULBI presents a contradictory profile: a stable Piotroski F-Score of 6/9 and strong liquidity are offset by deteriorating profitability and severe earnings misses. While the stock trades attractively on a Price-to-Book (0.99) and Price-to-Sales (0.68) basis, the negative profit margins and a high PEG ratio (3.81) suggest that the recent price surge is disconnected from fundamental earnings growth. The company's stability is anchored by a low Debt/Equity ratio (0.41), but high customer concentration and consistent EPS underperformance create significant risk.

Key Strengths

Strong liquidity position with a Current Ratio of 2.83
Conservative leverage with a Debt/Equity ratio of 0.41
Trading at a discount to book value (P/B 0.99)
Consistent revenue growth (10.6% YoY)
Stable financial health baseline (Piotroski F-Score 6/9)

Key Risks

Severe earnings deterioration with YoY EPS growth of -61.1%
High customer concentration (L3Harris Technologies accounts for 27% of revenue)
Negative net profit margins (-3.08%) and operating margins (-3.79%)
Poor earnings track record (0/4 beats in the last 4 quarters)
Exposure to tariffs and supply chain disruptions as noted in 10-K
AI Fair Value Estimate
Based on comprehensive analysis
$7.8
+0.5% above current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
44
Moderate
Value
65
Future
30
Past
50
Health
75
Dividend
0
AI Verdict
Speculative Value
Key drivers: Low valuation multiples, Strong balance sheet, Collapsing earnings quality
Confidence
80%
Value
65/100

Trades near book value, but high PEG indicates overvaluation relative to growth.

Positives
  • P/B under 1.0
  • P/S of 0.68
Watchpoints
  • High PEG ratio (3.81)
  • Forward P/E lacks current earnings support
Future
30/100

Revenue is growing, but the company is unable to convert that growth into profit.

Positives
  • Steady revenue growth
Watchpoints
  • Negative EPS growth
  • Consistent earnings misses
Past
50/100

Price action is bullish despite a history of missing estimates.

Positives
  • Strong 1Y price return (+87.9%)
Watchpoints
  • Poor earnings surprise history (-52.22% avg)
Health
75/100

Balance sheet is the strongest part of the company's profile.

Positives
  • Piotroski F-Score 6/9
  • Low Debt/Equity
  • High Current Ratio
Watchpoints
  • Negative ROE
Dividend
0/100

Non-dividend paying stock.

Positives
No standout positives identified.
Watchpoints
  • No dividend paid

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$7.76

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for ULBI and closest competitors.

Updated 2026-04-21
ULB
Ultralife Corporation
Primary
5Y
-4.5%
3Y
+91.1%
1Y
+87.9%
6M
+13.6%
1M
+18.5%
1W
+3.9%
BYR
Byrna Technologies Inc.
Peer
5Y
-57.6%
3Y
-24.8%
1Y
-68.6%
6M
-78.5%
1M
-46.3%
1W
-37.2%
JLH
Julong Holding Limited
Peer
5Y
+41.8%
3Y
+41.8%
1Y
+41.8%
6M
+44.9%
1M
-3.7%
1W
+4.3%
EML
The Eastern Company
Peer
5Y
-9.5%
3Y
+14.7%
1Y
-4.8%
6M
-3.5%
1M
+11.2%
1W
+3.9%
NEO
NeoVolta Inc.
Peer
5Y
-46.0%
3Y
+36.7%
1Y
+42.4%
6M
-43.9%
1M
-22.6%
1W
+4.0%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
8.62
PEG Ratio
3.81
P/B Ratio
0.99
P/S Ratio
0.68
EV/Revenue
0.91
EV/EBITDA
18.26
Market Cap
$129.25M

Profitability

Profit margins and return metrics

Profit Margin -3.08%
Operating Margin -3.79%
Gross Margin 24.07%
ROE -4.5%
ROA 1.14%

Growth

Revenue and earnings growth rates

Revenue Growth +10.6%
Earnings Growth N/A
Q/Q Revenue Growth +10.56%
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.41
Low debt
Current Ratio
2.83
Strong
Quick Ratio
1.16
Good
Cash/Share
$0.56

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.0B
Gross Margin
24.9%
Op. Margin
3.2%
Net Margin
-15.3%
Total Assets
$0.2B
Liabilities
$0.1B
Equity
$0.1B
Debt/Equity
0.67x
Operating CF
$0.0B
CapEx
$-0.0B
Free Cash Flow
$0.0B
FCF Yield
41%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-11
$N/A
2025-08-07
$0.07
-50.0% surprise
2025-05-09
$0.13
-13.3% surprise
2025-04-01
$0.01
-93.3% surprise

Industrials Sector Comparison

Comparing ULBI against 355 companies in the Industrials sector (24 bullish, 118 neutral, 213 bearish)
Return on Equity (ROE)
-4.5%
This Stock
vs
-25.67%
Sector Avg
-82.5% (Below Avg)
Profit Margin
-3.08%
This Stock
vs
7.06%
Sector Avg
-143.7% (Weaker)
Debt to Equity
0.41
This Stock
vs
3.06
Sector Avg
-86.7% (Less Debt)
Revenue Growth
10.6%
This Stock
vs
90.74%
Sector Avg
-88.3% (Slower)
Current Ratio
2.83
This Stock
vs
3.27
Sector Avg
-13.3% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

WHITMORE BRADFORD T
Director and Beneficial Owner of more than 10% of a Class of Security
Buy
2026-03-16
187,512 shares · $1,196,909
MANNA MICHAEL EDWARD
Chief Executive Officer
Buy
2026-03-12
2,000 shares · $12,024
WHITMORE BRADFORD T
Director and Beneficial Owner of more than 10% of a Class of Security
Buy
2025-12-16
53,000 shares · $300,902
GODDARD JANIE
Director
Buy
2025-12-15
1,739 shares · $9,999
SHAW ROBERT W II
Director
Buy
2025-11-24
1,750 shares · $9,922
WHITMORE BRADFORD T
Director and Beneficial Owner of more than 10% of a Class of Security
Buy
2025-11-19
53,900 shares · $267,915
MANNA MICHAEL EDWARD
Chief Executive Officer
Buy
2025-11-19
2,000 shares · $9,933
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

10-K
FORM 10-K
2026-03-23

ULBI provides power and communications systems to global government, defense, and commercial sectors through its Battery & Energy Products and Communications Systems segments. The company faces significant risks from inflation, government trade policies, and persistent supply-chain disruptions that have adversely impacted revenues and earnings.

8-K
FORM 8-K
2026-03-10

ULBI filed a current report on March 10, 2026, likely announcing its annual financial results or a material corporate update.

8-K
FORM 8-K
2025-11-18
10-Q
FORM 10-Q
2025-11-17

ULBI filed its Form 10-Q quarterly report on November 17, 2025. Specific financial highlights and risk factors were not provided in the available metadata.

8-K
FORM 8-K
2025-08-27

ULBI filed a Form 8-K on August 27, 2025, likely to report quarterly financial results or other material corporate developments.

10-Q
FORM 10-Q
2025-08-07

ULBI filed its Form 10-Q on August 7, 2025. Specific financial highlights and risk factors were not provided in the available filing metadata.

8-K
FORM 8-K
2025-08-07

ULBI filed an 8-K on August 7, 2025, likely to report its second-quarter financial results.

8-K
FORM 8-K
2025-07-17
DEF 14A
FORM DEF 14A
2025-05-27

ULBI filed a definitive proxy statement (DEF 14A) on May 27, 2025, to provide shareholders with necessary information for voting at an upcoming meeting.

10-Q
FORM 10-Q
2025-05-12

ULBI filed its quarterly financial report (Form 10-Q) on May 12, 2025. Specific financial highlights and risk factors were not provided in the available filing metadata.

8-K
FORM 8-K
2025-05-09
8-K
FORM 8-K
2025-04-01
10-K
FORM 10-K
2025-04-01
8-K/A
FORM 8-K/A
2025-01-16
10-Q
FORM 10-Q
2024-11-12
Data sourced from SEC EDGAR. AI summaries generated automatically.

Past News Coverage

Recent headlines mentioning ULBI from our newsroom.

Newest → oldest
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