Ultralife Corporation (ULBI) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Ultralife Corporation $6.12, price $5.90, upside +3.7%, quality 48 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
- Add to watchlist
Ultralife Corporation
ULBI · USLow PriorityFair Value upside is limited and quality is weak.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $3.70 – $13.25 · fair‑value band $3.54 – $9.34 · the $5.90 price screens below the $6.12 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 23, 2026.
Every Wednesday you see whether Ultralife is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems.
Show more
Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeable batteries; lithium-ion cells, multi-kilowatt module lithium-ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables. The Communications Systems segment provides communications systems and accessories to support military communications systems, such as radio frequency amplifiers, power supplies and cables, connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, and integrated communication systems for fixed or vehicle applications comprising vehicle amplifier-adaptors, vehicle installed power enhanced rifleman appliqué systems, and SATCOM systems. This segment's military communications systems and accessories are designed to enhance and extend the operation of communications equipment, such as vehicle-mounted, manpack, and handheld transceivers. The company sells its products under the Ultralife, Ultralife HiRate, Ultralife Thin Cell, Lithium Power, McDowell Research, AMTI, ABLE, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE SEASAFE, Excell Battery Group, Criterion Gauge, and POW-R BMS brands through original equipment manufacturers, and industrial and defense supply distributors. In addition, it sells its 9-volt battery to the broader consumer market through national and regional retail chains and online retailers. It serves government, defense, and commercial sectors. The company was incorporated in 1990 and is headquartered in Newark, New York.
Stock analysis
Ultralife Corporation (ULBI) currently trades at $5.90, while our model-based Fair Value estimate is $6.12, implying the stock looks roughly 3.6% fairly valued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $7.24 per share, and 4 of the 13 models we run sit above the $5.90 price.
Bear case: the Earnings-Based group reads lowest at $1.81, and 9 of the 13 models stay below the price. Evidence for this calculation is medium.
Scenario range: $3.54 (bear) to $9.34 (bull), the price of $5.90 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Ultralife Corporation reported revenue of $191M in FY2025 versus $98.3M in FY2021, a compound +18.1%/yr. Reported net income was −$5.9M in FY2025.
Key figures
Market cap $98.2M · P/S ratio 0.55 · EPS (TTM) $−0.4900 · Net margin −3.1% · Return on equity −6.2% · Return on assets (EBIT) 2.8% · Operating margin 1.3% · Revenue (TTM) $188M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and 17% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −28% fair-value upside, at 4%, ULBI screens cheaper than that median.
Fair Value models
All 13 models by family
Notify me when ULBI reaches fair value
Put ULBI on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 48 · Market factors (momentum, volatility) 34
Revenue & earnings trend
Growth Forecast
Watch ULBI, get fair value alerts →
Compare Ultralife Corporation with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Electrical Equipment & Parts · 552 stocks
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Contemporary Amperex Technology Co 3750 | HK$507.00 | HK$816.64 | +61% |
| ABB Ltd ABBN | CHF 80.50 | CHF 29.56 | −63% |
| Vertiv Holdings VRT | $248.78 | $179.08 | −28% |
| Prysmian S.p.A PRY | €122.35 | €77.45 | −37% |
| Legrand SA LR | €134.60 | €82.53 | −39% |
| Sungrow Power Supply Co 300274 | ¥88.20 | ¥201.23 | +128% |
| Hubbell Incorporated HUBB | $463.70 | $293.12 | −37% |
| Shenzhen Inovance Technology Co 300124 | ¥54.05 | ¥47.94 | −11% |
| nVent Electric plc NVT | $162.65 | $43.54 | −73% |
| HD Hyundai Electric Co 267260 | 708,000 KRW | 778,800 KRW | +10% |
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Ultralife Corporation (ULBI) overvalued or undervalued?
What is the fair value of ULBI?
What is the quality score of ULBI?
What is the price target for Ultralife Corporation (ULBI)?
What is the Ultralife Corporation stock forecast for 2026?
What is the revenue of Ultralife Corporation (ULBI)?
What growth is priced into Ultralife Corporation (ULBI)?
What discount rate (WACC) does the fair value of ULBI use?
What is a reverse DCF?
How much growth has Ultralife Corporation (ULBI) delivered so far?
How fast is the sector of Ultralife Corporation (ULBI) growing?
What is the free cash flow yield of Ultralife Corporation (ULBI)?
What is the intrinsic value of Ultralife Corporation (ULBI)?
Is Ultralife Corporation stock overvalued or undervalued in 2026?
Is fair value the same as the market price of ULBI?
How much is Ultralife Corporation worth?
What do the bullish and bearish scenarios say about ULBI?
What is the PEG ratio of ULBI?
How solid is the balance sheet of Ultralife Corporation (ULBI)?
How far is ULBI from its 52-week high?
Which stocks are comparable to Ultralife Corporation?
Is Ultralife Corporation stock attractive at the current price?
How is the fair value of ULBI calculated?
Is it still worth investing in stocks now?
What is the share price of Ultralife Corporation (ULBI)?
What should I pay attention to with Ultralife Corporation right now?
Where does the earnings growth of Ultralife Corporation (ULBI) come from?
Key figures of Ultralife Corporation
How large is the market capitalisation of Ultralife Corporation (ULBI)?
What is the P/S ratio of Ultralife Corporation (ULBI)?
What are the earnings per share of Ultralife Corporation (ULBI)?
What is the net margin of Ultralife Corporation (ULBI)?
What is the return on equity of Ultralife Corporation (ULBI)?
What is the EBIT return on assets of Ultralife Corporation (ULBI)?
What is the operating margin of Ultralife Corporation (ULBI)?
How fast is revenue growing at Ultralife Corporation (ULBI)?
How fast are earnings growing at Ultralife Corporation (ULBI)?
How much net debt does Ultralife Corporation (ULBI) carry?
Watch Ultralife Corporation in the live analysis
One click puts Ultralife Corporation on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.