Universal Electronics Financials

UEIC Stock  USD 11.67  0.03  0.26%   
Based on the key indicators related to Universal Electronics' liquidity, profitability, solvency, and operating efficiency, Universal Electronics may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Universal Electronics' Cash is projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 2.9 M, whereas Total Assets are forecasted to decline to about 289.6 M. Key indicators impacting Universal Electronics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.160.3074
Way Down
Pretty Stable
Current Ratio2.971.6063
Way Up
Very volatile
The essential information of the day-to-day investment outlook for Universal Electronics includes many different criteria found on its balance sheet. An individual investor should monitor Universal Electronics' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Universal Electronics.

Net Income

(93.33 Million)

  
Understanding current and past Universal Electronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Universal Electronics' financial statements are interrelated, with each one affecting the others. For example, an increase in Universal Electronics' assets may result in an increase in income on the income statement.

Universal Electronics Earnings Geography

Please note, the presentation of Universal Electronics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Universal Electronics' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Universal Electronics' management manipulating its earnings.

Universal Electronics Stock Summary

Universal Electronics competes with LG Display, Vizio Holding, Zepp Health, Sonos, and VOXX International. Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video accessories, and intelligent wireless security and smart home products for video services, consumer electronics, security, home automation, climate control, and home appliance markets. The company was incorporated in 1986 and is headquartered in Scottsdale, Arizona. Universal Elect operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 45 people.
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS9134831034
CUSIP913483103
LocationArizona; U.S.A
Business AddressScottsdale Quarter, Scottsdale,
SectorHousehold Durables
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.uei.com
Phone480 530 3000
CurrencyUSD - US Dollar

Universal Electronics Key Financial Ratios

Universal Electronics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets564.2M510.3M510.3M504.2M355.9M289.6M
Other Current Liab94.0M66.7M59.6M46.0M42.5M32.7M
Net Debt9.3M(23.5M)9.5M36.3M29.6M31.1M
Retained Earnings286.4M325.0M330.3M330.7M232.5M134.4M
Accounts Payable102.6M83.2M92.7M71.4M57.0M46.9M
Cash74.3M57.2M60.8M66.7M42.8M44.6M
Net Receivables152.6M142.4M134.6M124.5M120.5M77.3M
Inventory145.1M120.4M134.5M140.2M88.3M69.5M
Other Current Assets6.7M6.8M7.3M6.6M7.3M7.7M
Total Liab289.8M197.0M234.4M235.8M177.0M116.8M
Total Current Assets378.8M326.8M337.1M338.0M258.9M202.3M
Intangible Assets19.8M19.7M20.2M24.5M25.3M15.9M
Short Term Debt68M26.1M60.8M93.5M59.8M43.2M
Good Will48.5M48.4M48.6M48.5M49.1M0.0
Common Stock241K244K247K250K253K225.7K
Other Assets6.6M27.8M10.1M8.2M9.4M10.4M
Treasury Stock(277.8M)(295.5M)(355.2M)(368.2M)(331.4M)(314.8M)
Other Liab7.7M3.8M3.3M4.3M4.9M7.2M
Net Tangible Assets206.1M245.0M207.3M194.9M224.1M225.5M
Capital Surpluse288.3M302.1M314.1M326.8M375.9M276.8M

Universal Electronics Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense3.9M1.6M566K2.2M4.3M4.5M
Total Revenue753.5M614.7M601.6M542.8M420.5M353.9M
Gross Profit170.2M176.3M173.0M152.3M97.6M102.7M
Operating Income15.3M27.8M23.3M14.5M(85.3M)(81.0M)
Ebit15.3M37.3M23.3M14.5M(24.6M)(23.4M)
Ebitda47.2M67.0M50M38.6M(1.7M)(1.6M)
Cost Of Revenue583.3M438.4M428.6M390.5M322.9M251.2M
Income Before Tax10.4M43.9M16.1M11.4M(92.3M)(87.6M)
Net Income3.6M38.6M5.3M407K(98.2M)(93.3M)
Income Tax Expense6.8M5.3M10.8M11.0M6.0M6.0M
Research Development29.4M31.5M30.9M32.5M31.3M17.0M
Tax Provision6.8M5.3M10.8M11.0M6.8M7.5M
Net Interest Income(3.9M)(1.4M)(566K)(2.2M)(4.3M)(4.1M)

Universal Electronics Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(19.6M)28.3M(15.0M)(9.9M)51.5M54.0M
Change In Cash21.1M(17.1M)3.7M5.9M(24.0M)(22.8M)
Free Cash Flow61.3M50.2M23.2M(9.7M)11.3M10.7M
Depreciation31.9M29.7M26.7M24.0M22.9M12.8M
Other Non Cash Items22.6M(6.5M)9.7M3.9M57.1M60.0M
Capital Expenditures24.0M23.2M17.0M20.6M13.9M12.2M
Net Income3.6M38.6M5.3M407K(98.2M)(93.3M)
End Period Cash Flow74.3M57.2M60.8M66.7M42.8M44.5M
Change To Netincome12.0M11.6M18.1M15.3M17.6M11.4M
Change Receivables17.2M14.9M2.0M12.8M14.7M15.4M
Net Borrowings(33.5M)(48M)36M32M28.8M30.2M
Investments(24.0M)(23.7M)(17.0M)(21.2M)(17.0M)(17.9M)

Universal Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Universal Electronics's current stock value. Our valuation model uses many indicators to compare Universal Electronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Universal Electronics competition to find correlations between indicators driving Universal Electronics's intrinsic value. More Info.
Universal Electronics is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers . At present, Universal Electronics' Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Universal Electronics' earnings, one of the primary drivers of an investment's value.

Universal Electronics' Earnings Breakdown by Geography

Universal Electronics Systematic Risk

Universal Electronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Universal Electronics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Universal Electronics correlated with the market. If Beta is less than 0 Universal Electronics generally moves in the opposite direction as compared to the market. If Universal Electronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Universal Electronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Universal Electronics is generally in the same direction as the market. If Beta > 1 Universal Electronics moves generally in the same direction as, but more than the movement of the benchmark.

Universal Electronics Thematic Clasifications

Universal Electronics is part of Recreation investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Recreation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
RecreationView
This theme covers USA Equities from Recreation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Universal Electronics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Universal Electronics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Universal Electronics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

5.4E-5

At present, Universal Electronics' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Universal Electronics November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Universal Electronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Universal Electronics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Universal Electronics based on widely used predictive technical indicators. In general, we focus on analyzing Universal Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Universal Electronics's daily price indicators and compare them against related drivers.

Complementary Tools for Universal Stock analysis

When running Universal Electronics' price analysis, check to measure Universal Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Electronics is operating at the current time. Most of Universal Electronics' value examination focuses on studying past and present price action to predict the probability of Universal Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Electronics' price. Additionally, you may evaluate how the addition of Universal Electronics to your portfolios can decrease your overall portfolio volatility.
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