Universal Electronics Inc. (UEIC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-55.6%

$2.21

vs $4.97 price

Levered DCF

$16.04

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.82

Grey zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-2.56×	-5.95×	-1.23×	650.31×	104.49×	18.87×	201×	29.74×
P/B	0.33×	0.93×	0.67×	0.98×	1.99×	2.33×	2.64×	1.34×
P/S	0.13×	0.36×	0.29×	0.49×	0.91×	1.19×	0.96×	0.52×
EV / EBITDA	15.41×	15.74×	-16.19×	8.64×	13.14×	10.62×	15.65×	12.55×
Gross margin	28.0%	28.9%	23.2%	28.1%	28.8%	28.7%	22.6%	20.8%
Operating margin	-0.0%	-3.9%	-20.3%	2.7%	3.9%	6.1%	2.0%	-0.2%
Net margin	-5.1%	-6.1%	-23.4%	0.1%	0.9%	6.3%	0.5%	1.8%
Current ratio	1.72×	1.53×	1.61×	1.56×	1.56×	1.82×	1.42×	1.36×
Debt / equity	0.23×	0.32×	0.4×	0.4×	0.27×	0.13×	0.32×	0.39×
Interest coverage	-0.09×	0×	0×	0×	0×	23.29×	3.56×	-0.33×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-12.7%	-15.7%	-54.9%	0.2%	1.9%	12.3%	1.3%	4.5%
Return on invested capital	-0.0%	-7.4%	-33.5%	0.1%	2.2%	9.2%	1.4%	-0.2%
Return on assets	-6.8%	-7.4%	-27.6%	0.1%	1.0%	7.6%	0.6%	2.1%
Free cash flow yield	41.5%	4.5%	9.4%	-3.7%	4.2%	6.9%	8.4%	-2.8%
Earnings yield	-39.1%	-16.9%	-81.4%	0.2%	1.0%	5.3%	0.5%	3.4%
Enterprise value	$48.7M	$165.5M	$150.3M	$306.1M	$562.9M	$711.4M	$739.6M	$400.9M
Net debt / EBITDA	0.37×	2.18×	-3.19×	1.18×	0.33×	-0.26×	0.3×	1.51×
Cash conversion cycle (days)	127	127	140	148	117	116	101	117