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Added to YB: 2024-10-10

Pitch date: 2024-10-10

ULBI [bullish]

Ultralife Corporation

-35.46%

current return

Author Info

Northeastern University Student Value Fund is the premier investment fund at Northeastern University. Visit their website.

Company Info

Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide.

Market Cap

$116.7M

Pitch Price

$8.94

Price Target

N/A

Dividend

N/A

EV/EBITDA

11.32

P/E

36.48

EV/Sales

0.90

Sector

Electrical Equipment

Category

turnaround

Show full summary:
New Investment Idea: Ultralife Corp $ULBI

ULBI: Management turnaround driving efficiency. New products in niche markets. Strong FCF & balance sheet for M&A. Risks: debt-financed acquisitions, customer supply chain dependence, cybersecurity, defense budget volatility. Q2'24: 27.1% Battery & Energy GM, 10% OCF margin. $50M Electrochem acquisition expands reach.

Read full article (4 min)