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uCloudlink Group (UCL) Fair Value & Analysis

Communication Services · US · Market cap $38.5M

UG uCloudlink Group logo uCloudlink Group UCL · US
Price$0.8079
Fair Value$2.33
Upside+188.4%
Quality57/100
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Weak Growth
Thin margins · 4.3% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/13)
Narrow moat 33/100
Evidence: High Range $2.04 – $2.65 Share as image

Fair value as of: Jul 24, 2026

From 22 valuation models · updated 20 days ago

Share price −13.6% over the past month.

A solid business, screening 188% undervalued on our models.

What matters now

  • The price is below even our cautious bear case ($2.04). The market is more pessimistic than our downside scenario.
  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

$12.99 $0.4899 Fair Value $2.33 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range $0.4899 – $12.99 · fair‑value band $2.04 – $2.65 · the $0.8079 price screens below the $2.33 fair value. Dashed = 300-day average. As of Jul 24, 2026.

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Analysis

uCloudlink Group (UCL) currently trades at $0.8079, while our model-based Fair Value estimate is $2.33, implying the stock looks roughly 188.4% undervalued today. The Quality Score stands at 57/100 (solid quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, uCloudlink Group generated revenue of $79.6M at a net margin of 4.3%. Revenue declined 10.1% year over year. It earns a return on equity of 14.5%. The balance sheet holds a net cash position of $23.9M. Fundamentals as of Jul 24, 2026

Our scenario range runs from $2.04 (bear case) to $2.65 (bull case); at $0.8079, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Communication Services peers we cover trades at 32% fair-value upside, at 188%, UCL screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF $1.87 $2.03 $2.27 80
Rev-Margin DCF $1.73 $1.92 $2.17 74
ROIC Compounder $1.38 $1.40 $1.42 72
All 22 models by family
DCF Models
FCF DCF $1.86 $2.03 $2.30 38
Owner Earnings $3.50 $4.09 $5.05 31
5Y Revenue Exit $1.73 $1.90 $2.16 39
5Y EBITDA Exit $2.15 $2.64 $3.28 41
5Y P/E Exit $3.33 $4.67 $6.26 38
10Y Revenue Exit $1.78 $1.90 $2.02 36
10Y EBITDA Exit $2.01 $2.29 $2.58 37
10Y P/E Exit $2.62 $3.36 $4.08 35
Earnings-Based
Graham-Dodd $1.66 $2.03 $2.28 54
EPV $1.38 $1.40 $1.42 59
Multiples
P/E Multiple $4.03 $5.37 $6.71 63
P/S Multiple $3.11 $4.15 $5.19 58
P/B Multiple $2.92 $3.90 $4.87 55
EV/EBIT $1.79 $1.98 $2.18 53
EV/EBITDA $2.62 $3.09 $3.57 54
EV/Revenue $1.65 $1.84 $2.03 43
Asset-Based
NCAV (Graham) $0.5600 $0.7500 $1.11 50
Growth DCF
Growth DCF $1.87 $2.03 $2.27 80
Rev-Margin DCF $1.73 $1.92 $2.17 74
Economic Profit
Residual Income $1.25 $1.66 $5.00 61
ROIC Compounder $1.38 $1.40 $1.42 72
Growth Earnings
Growth-Adj P/E $2.84 $4.06 $5.27 68

Widest divergence: Growth Earnings ($4.06) versus Asset-Based ($0.7500). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) $79.6M
Revenue growth (YoY) -10.1%
Net margin 4.3%
Return on equity 14.5%
Free cash flow $2.3M FY2025
P/E ratio 10.1
More key figures
Operating margin -20.6%
EPS (TTM) $0.1000
EPS growth (YoY) +122%
Net cash $23.9M FY2025

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 59 · Market factors (momentum, volatility) 1

Profitability 74
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 29
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 44
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 3
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

uCloudlink Group Inc. operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which …

Full company description

uCloudlink Group Inc. operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture. It offers uCloudlink 2.0, a model that provides mobile data connectivity services to local users through various MNOs; GlocalMe Inside, an implementation solution for smartphones and other smart hardware products, which enables them to access its cloud SIM architecture and SIM card pool; and GlocalMe, a world phone series. In addition, the company provides IoT modules with GlocalMe Inside implementation to meet the demand for mobile data from various terminals, as well as provides integrated network solutions to its customers; SIM cards with prepaid data packages; value-added services, such as advertisement; and PetPhone, a smartphone for pet. Further, it's platform-as-a-service/software-as-a-service offers modules, such as customer relationship management, operations and business support system, and SIM card enterprise resource planning and management. It serves connectivity management, terminal management, terminal rental and sales, customer service systems (CRM), and big data analysis sectors. The company was incorporated in 2014 and is headquartered in Tsim Sha Tsui, Hong Kong.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

uCloudlink Group reported revenue of $81.7M in FY2025 versus $73.8M in FY2021, a compound +2.6%/yr. Reported net income was $6.3M in FY2025.

Growth Quality 37/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
$81.7M
Latest YoY
−10.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.8%
Avg. growth/yr (8Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.6%
Revenue +2.6%/yr
FY21 $73.8M
FY22 $71.5M
FY23 $85.6M
FY24 $91.6M
FY25 $81.7M
Net income
FY21 −$46.0M
FY22 −$19.9M
FY23 $2.8M
FY24 $4.6M
FY25 $6.3M

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Cite: Fair Value Calculator (2026). "uCloudlink Group Fair Value". https://www.fairvalue-calculator.com/stock/UCL

Peer Group

Telecom Services · 254 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 57 · Above median
Fair Value upside +188% · Top 25%
Return on equity (TTM) 15% · Above median
Return on assets -0% · Bottom 25%
Net margin (TTM) 4% · Below median
Operating margin (TTM) -21% · Bottom 25%
Revenue growth -10% · Bottom 25%
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Telecom Services median · lower = cheaper

P/E (TTM) 10.1× · Cheaper than 75% of peers
P/B 1.34× · Pricier than median
P/S (TTM) 0.48× · Cheaper than 75% of peers
P/FCF 16.5× · Pricier than 75% of peers
EV/EBITDA 3.1× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 29
FUTURE 0 · sector 15
PAST 58 · sector 28
HEALTH 97 · sector 89
DIVIDEND 0 · sector 71

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥89.98 ¥109.88 +22%
T-Mobile US, Inc TMUS $187.61 $172.67 -8%
Bharti Airtel Limited BHARTIARTL ₹1,922 ₹941.55 -51%
China Telecom Corporation 601728 ¥6.01 ¥8.36 +39%
América Móvil, S.A. AMXB 23.07 MXN 30.35 MXN +32%
Vodafone Group VODN 259.50 MXN 507.27 MXN +95%
Advanced Info Service Public Company ADVANC 379.00 THB 286.77 THB -24%
Chunghwa Telecom Co 2412 133.50 TWD 100.00 TWD -25%
China Unicom (Hong Kong) Limited 0762 HK$6.50 HK$13.03 +100%
Telefónica, S.A TEFN 75.67 MXN 111.01 MXN +47%

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Frequently asked questions

Is uCloudlink Group (UCL) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of $2.33 versus a price of $0.8079, about +188% (undervalued).
What is the fair value of UCL?
Our model-based fair value for uCloudlink Group is $2.33 (as of Jul 24, 2026), built from audited fundamentals. The current price is $0.8079.
What is the quality score of UCL?
uCloudlink Group has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of uCloudlink Group (UCL)?
uCloudlink Group reported trailing-twelve-month revenue of about $79.6M (latest available figure, as of Jul 24, 2026).
What is the net profit margin of UCL?
The net profit margin of uCloudlink Group is about 4.3%, meaning it keeps roughly 4.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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