Reading ULBI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track ULBI free→Reading ULBI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track ULBI free→NASDAQIndustrialsElectrical Equipment & PartsSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, and the company was unprofitable over the past year, so its earnings quality can't be assessed. Management's recent track record has been steady, and risk is low, but the sector backdrop is a headwind, with ULBI trading below typical for sector peers. Peer multiples imply a price about 82% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples while recent financials are weak. Key factors to watch include guidance changes and sector trends, as these could significantly impact ULBI's performance. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 2 valuation methods, at three horizons. Current price $6.41. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $6.41 ULBI trades at 1× p/s, below its 5× p/s peer median. Our $35 fair value sits above the price; low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 82% below a flat-multiple fair value, below our forecast of about 15%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
No fragility gates fired. Regime (Mania) does not concentrate fragility.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 58% of the time over the next year (vs 62% for the rest of the cohort, n=3678).
Over the trailing year it converted -1.20x of net income into operating cash flow.
Not enough signal yet.
1 material management or governance event in the past 24 months, led by legal/regulatory items. Historically, Industrials names rated stable grew net income 60% of the time over the next year (vs 59% for the rest of the cohort, n=792).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 18.2% avg surprise
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Not enough price history for this read.
How much price usually moves either way.
Not enough price history for this read.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $985.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: If revenue growth speeds up, it may signal a turnaround for the company. This could change investor views.
Confirms:Revenue growth returns to above 5% year over year.
Disproves:Revenue growth remains below 5% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for ULBI yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition On May 8, 2026, Ultralife Corporation issued a press release regarding the financial results for its first quarter ended March 31, 2026. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference.
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Electrical Components & Equipment.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
ULBI Ultralife Corp | Below typical Show detailsSector percentile: 25 of 100 | inexpensive | low |
ETN Eaton Corporation | Typical Show detailsSector percentile: 70 of 100 | full | moderate |
VRT Vertiv | Typical Show detailsSector percentile: 65 of 100 | expensive | elevated |
EMR Emerson Electric | Typical Show detailsSector percentile: 65 of 100 | fair | moderate |
BE Bloom Energy Corp. | Typical Show detailsSector percentile: 42 of 100 | expensive | high |
Not investment advice. As of 2026-06-16.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on restoring profitability and generating incremental cash flow to reduce debt and support strategic initiatives.
Allocate resources towards strategic capital expenditures to enhance growth and operational efficiency.
Continue investment in new product development to drive innovation and market competitiveness.
Results of Operations and Financial Condition On March 10, 2026, Ultralife Corporation issued a press release regarding the financial results for its fourth quarter ended December 31, 2025. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference.
Results of Operations and Financial Condition On November 18, 2025, Ultralife Corporation issued a press release regarding the financial results for its third quarter ended September 30, 2025. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference.
Changes in Registrant ’ s Certifying Accountant. (a) Replacement of Previous Independent Registered Public Accounting Firm On August 22, 2025, the Audit and Finance Committee (the “ Committee ”) of the Board of Directors (the “ Board ”) of Ultralife Corporation, Inc. (the “ Company ”) approved the replacement of Freed Maxick P.C. (“ FM ”) as the Company’s independent registered public accounting firm, due to the acquisition of certain assets of FM by Withum Smith+Brown, PC (“ Withum ”), effec…
Results of Operations and Financial Condition On August 7, 2025, Ultralife Corporation issued a press release regarding the financial results for its second quarter ended June 30, 2025. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference.