Using the industry peer median EV/EBITDA multiple (trailing + forward), Ultralife Corporation (ULBI) has a fair value of $8.56 based on 4 comparable companies in the Electrical Equipment & Parts industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/EBITDA | Forward EV/EBITDA | |
|---|---|---|---|
| Ultralife CorporationULBI | 98 | 9.4x | 13.5x |
| Espey Mfg. & Electronics Corp. | 167 | 14.6x | 13.3x |
| HireQuest, Inc. | 148 | 19.4x | 21.7x |
| CBAK Energy Technology, Inc. | 72 | 5.1x | 32.7x |
| Metalpha Technology Holding Limited | 47 | 2.5x | — |
| Industry Median | 9.8x | 21.7x | |
| (*) EBITDA | 15 | 10 | |
| = Enterprise Value | 144 | 221 | |
| (-) Net Debt | 40 | 40 | |
| Equity Value | 104 | 181 | |
| (/) Outstanding shares | 17 | 17 | |
| Fair Price | $6 | $11 | |
Using the industry peer median EV/Revenue multiple (trailing + forward), Ultralife Corporation (ULBI) has a fair value of $29.23 based on 8 comparable companies in the Electrical Equipment & Parts industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| Ultralife CorporationULBI | 98 | 0.7x | 1.0x |
| Espey Mfg. & Electronics Corp. | 167 | 3.4x | 3.1x |
| HireQuest, Inc. | 148 | 4.4x | 4.9x |
| CBAK Energy Technology, Inc. | 72 | 0.5x | 3.5x |
| Safe Pro Group Inc. Common Stock | 69 | 86.5x | 107.1x |
| Ocean Power Technologies, Inc. | 68 | 10.7x | 10.3x |
| Metalpha Technology Holding Limited | 47 | 0.9x | — |
| Flux Power Holdings, Inc. | 20 | 0.5x | 0.7x |
| ESS Tech, Inc. | 15 | 2.8x | 1.4x |
| Industry Median | 3.1x | 3.5x | |
| (*) Revenue | 191 | 133 | |
| = Enterprise Value | 593 | 461 | |
| (-) Net Debt | 40 | 40 | |
| Equity Value | 552 | 420 | |
| (/) Outstanding shares | 17 | 17 | |
| Fair Price | $33 | $25 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.