Universal Electronics Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 44.20
Dividend & YieldN/A$ (N/A)
Beta 1.08
Market capitalization 280.52M
Operating cash flow 17.47M
ESG Scores unknown

Company description

Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for video services, consumer electronics, security, home automation, climate control, and home appliance markets. The company offers universal radio frequency (RF) and infrared remote controls primarily for sale to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; integrated circuits on which its software and universal device control database is embedded for sale to OEMs, video service providers, and private label customers; and software, firmware, and technology solutions that enable devices, such as televisions, set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to connect and interact with home networks and interactive services to control and deliver home entertainment, smart home services, and device or system information. It also provides cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses principally to OEMs and video service providers; RF sensors for residential security, safety, and home automation applications; wall-mount and handheld thermostat controllers and connected accessories for intelligent energy management systems, primarily to OEM customers, as well as hotels and hospitality system integrators; and AV accessories to consumers, including universal remote controls, television wall mounts, and stands and digital television antennas. The company also serves through a network of national and regional distributors and dealers. It sells its products under the One For All brand in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company was incorporated in 1986 and is headquartered in Scottsdale, Arizona.

Sector: Technology - Industry: Consumer Electronics

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -7.39M 14.23M -33.54M 870k
Total Cashflows From Investing Activities 23.57M -23.97M -23.73M -17.04M
Net Borrowings -36.5M -33.5M -48M 36M
Total Cash From Financing Activities -53.32M -39.23M -65.96M -22.03M
Change To Operating Activities -587k 4.65M -245k -630k
Issuance Of Stock 864k 448k 2.81M 1.64M
Net Income 11.92M 3.63M 38.57M 5.3M
Change In Cash -14.13M 21.09M -17.15M 3.66M
Effect Of Exchange Rate 2.76M -963k -843k 2.44M
Total Cash From Operating Activities 12.86M 85.26M 73.39M 40.28M
Depreciation 33.5M 31.93M 29.73M 26.75M
Change To Account Receivables 5.46M 17.2M 14.88M 2.01M
Other Cashflows From Financing Activities -3.86M -4.25M -3.09M
Change To Netincome -17.75M 11.96M 2.18M 18.11M
Capital Expenditures -20.14M -21.31M -16.86M -12.59M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 23.82M 29.41M 31.45M 30.92M
Income Before Tax 26.17M 10.4M 43.91M 16.08M
Net Income 11.92M 3.63M 38.57M 5.3M
Selling General Administrative 118.75M 125.48M 107.54M 118.85M
Gross Profit 146.71M 170.2M 176.26M 176.35M
Ebit 4.14M 15.31M 37.27M 26.59M
Operating Income 4.14M 15.31M 37.27M 26.59M
Interest Expense -5M -4.3M -1.6M -900k
Income Tax Expense 14.24M 6.77M 5.33M 10.78M
Total Revenue 680.24M 753.48M 614.68M 601.6M
Cost Of Revenue 533.53M 583.27M 438.42M 425.25M
Total Other Income ExpenseNet 22.02M -4.91M 6.64M -10.51M
Net Income From Continuing Ops 11.92M 3.63M 38.57M 5.3M
Net Income Applicable To Common Shares 11.92M 3.63M 38.57M 5.3M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 292.64M 289.76M 196.99M 234.4M
Total Stockholder Equity 262.96M 274.4M 313.3M 275.95M
Other Current Liabilities 10.58M 14.43M 7.31M 5.23M
Total Assets 555.6M 564.16M 510.29M 510.35M
Common Stock 239k 241k 244k 247k
Other Current Assets 5k 100k 243k 38k
Retained Earnings 282.79M 286.42M 324.99M 330.29M
Treasury Stock -296.17M -300.6M -314.02M -368.68M
Cash 53.21M 74.3M 57.15M 60.81M
Total Current Liabilities 279.86M 266.46M 179.51M 216.79M
Other Stockholder Equity -20.28M -22.78M -18.52M -13.52M
Property, Plant, and Equipment 95.84M 110.56M 106.81M 94.49M
Total Current Assets 380.45M 378.75M 326.84M 337.15M
Net Tangible Assets 190.1M 206.12M 244.98M 207.32M
Net Receivables 171.26M 152.58M 142.43M 134.57M
Accounts Payable 107.28M 102.59M 83.23M 92.71M


Insider Transactions

Here are the insider transactions of stock shares related to Universal Electronics Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
ARLING PAUL DI2022-11-11Chief Executive Officer3.37k
HACKWORTH BRYAN MICHAELD2022-11-11Chief Financial Officer962
KOOPMANS MENNOD2022-11-11Officer482
AMMARI RAMZID2022-11-11Officer882
VOGEL CARL ED2022-09-30Director1.25k
MULLIGAN WILLIAM CI2022-09-30Director1.25k
ZINSER EDWARD KD2022-09-30Director1.25k
CHAHIL SATJIV SI2022-09-30Director1.25k
PONTUAL ROMULO CD2022-09-30Director889
HAMILTON SUE ANN RI2022-09-30Director1.25k
ARLING PAUL DI2022-08-12Chief Executive Officer3.37k
HACKWORTH BRYAN MICHAELD2022-08-12Chief Financial Officer962
KOOPMANS MENNOD2022-08-12Officer482
AMMARI RAMZID2022-08-12Officer882
VOGEL CARL ED2022-07-01Director1.25k
MULLIGAN WILLIAM CI2022-07-01Director1.25k
ZINSER EDWARD KD2022-07-01Director1.25k
CHAHIL SATJIV SI2022-07-01Director1.25k
HAMILTON SUE ANN RI2022-07-01Director1.25k
ARLING PAUL DI2022-05-12Chief Executive Officer3.37k
HACKWORTH BRYAN MICHAELD2022-05-12Chief Financial Officer963
KOOPMANS MENNOD2022-05-12Officer482
AMMARI RAMZID2022-05-12Officer882
MIKETO JOSEPH E.D2022-05-12Officer482
STAPLETON GREGORY PD2022-04-01Director1.25k
VOGEL CARL ED2022-04-01Director1.25k
MULLIGAN WILLIAM CI2022-04-01Director1.25k
ZINSER EDWARD KD2022-04-01Director1.25k
CHAHIL SATJIV SI2022-04-01Director1.25k
HAMILTON SUE ANN RI2022-04-01Director1.25k
CHONG DAVID CHEUNG HYEND2022-03-16Officer2.09k
KOOPMANS MENNOD2022-03-09Officer901
CHONG DAVID CHEUNG HYEND2022-02-25Officer976
MULLIGAN WILLIAM CPurchase at price 31.84 per share.I2022-02-22Director6.5k
KOOPMANS MENNOD2022-02-18Officer2.33k
MIKETO JOSEPH E.D2022-02-18Officer2.33k
ARLING PAUL DI2022-02-11Chief Executive Officer9.79k
HACKWORTH BRYAN MICHAELD2022-02-11Chief Financial Officer3.15k
CHONG DAVID CHEUNG HYEND2022-02-11Officer615
KOOPMANS MENNOD2022-02-11Officer1.11k
AMMARI RAMZID2022-02-11Officer2.65k
MIKETO JOSEPH E.D2022-02-11Officer1.11k
MIKETO JOSEPH E.D2022-01-07Officer1.17k
STAPLETON GREGORY PD2021-12-31Director1.25k
VOGEL CARL ED2021-12-31Director1.25k
MULLIGAN WILLIAM CI2021-12-31Director1.25k
ZINSER EDWARD KD2021-12-31Director1.25k
CHAHIL SATJIV SI2021-12-31Director1.25k
HAMILTON SUE ANN RI2021-12-31Director1.25k
ARLING PAUL DConversion of Exercise of derivative security at price 20.09 per share.I2021-12-28Chief Executive Officer32.2k
ARLING PAUL DI2021-11-12Chief Executive Officer3.9k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Universal Electronics Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Universal Electronics Inc

Here is the result of two systematic investment strategies applied to Universal Electronics Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Universal Electronics Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Universal Electronics Inc:

Universal Electronics Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 17.32% on the backtest period.

Performance at glance

Performance

17.32 %

Latent gain

387.6 $

Invested capital

2237.36 $

Annualized return

4.18 %
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Momentum strategy results on Universal Electronics Inc

This is the result of two momentum investment strategies applied to Universal Electronics Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Universal Electronics Inc

The following chart shows all the entries opened by the momentum investment system on Universal Electronics Inc:

Universal Electronics Inc momentum entries
  • The first momentum investment strategy would give 33.66% of return on Universal Electronics Inc. That represents 1436.6$ of latent gain with 4267.64$ of employed capital.
  • The second momentum investment strategy would give 27.52% of return on Universal Electronics Inc. That represents 610.03$ of latent gain with 2216.85$ of employed capital.
Performance at glance (1Q Momentum)

Performance

33.66 %

Latent gain

1436.6 $

Invested capital

4267.64 $

Annualized return

10.81 %
Performance at glance (2Q Momentum)

Performance

27.52 %

Latent gain

610.03 $

Invested capital

2216.85 $

Annualized return

7.52 %

Momentum equity curve on Universal Electronics Inc

The following chart shows the equity curve of the two momentum strategies applied to Universal Electronics Inc:

Universal Electronics Inc momentum equity

Note: the dividends potentially given by Universal Electronics Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Universal Electronics Inc

The following chart shows the employed capital evolution of the two momentum strategies on Universal Electronics Inc since the beginning:

Universal Electronics Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Universal Electronics Inc

Buy the dip entry openings on Universal Electronics Inc

Universal Electronics Inc

The performance achieved by the robo-advisor on Universal Electronics Inc is 23.13%. That represents 227.59$ of latent gain with 983.93$ of employed capital. The following chart shows Universal Electronics Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Universal Electronics Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

23.13 %

Latent gain

227.59 $

Invested capital

983.93 $

Annualized return

10.81 %

Equity curve of the strategy applied to Universal Electronics Inc

The following chart shows the result of the investment strategy applied to Universal Electronics Inc:

Universal Electronics Inc

Note: the dividends potentially given by Universal Electronics Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Universal Electronics Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Universal Electronics Inc:

Universal Electronics Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Universal Electronics Inc

In this section, I will compare the three previous investment strategies applied to Universal Electronics Inc.

Equity curve comparison on Universal Electronics Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Universal Electronics Inc investment strategy comparison

Employed capital comparison on Universal Electronics Inc

Universal Electronics Inc investment comparison

Performance comparison on Universal Electronics Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 17.32% 387.6$ 2237.36$ 4.18%
Momentum 1 quarter 33.66% 1436.6$ 4267.64$ 8.63%
Momentum 2 quarters 27.52% 610.03$ 2216.85$ 7.52%
Non-directional 23.13% 227.59$ 983.93$ 10.81%
Annualized return comparison

Automatic investment

4.18 %

Momentum 1Q

7.52 %

Momentum 2Q

7.52 %

Non-directional

10.81 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Universal Electronics Inc:

Note: The algorithm computes the probability of correlation between Universal Electronics Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Universal Electronics Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Universal Electronics Inc
Country United States
City Scottsdale
Address Scottsdale Quarter
Phone 480 530 3000
Website www.uei.com
FullTime employees 3945
Industry Consumer Electronics
Sector Technology
Exchange XNAS
Ticker UEIC
Market www.nasdaq.com

Universal Electronics Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown