Universal Electronics Stock Intrinsic Value – UNIVERSAL ELECTRONICS Reports 9.0% Decrease in Revenue for 2022 Fiscal Year Fourth Quarter

Earnings report

Universal Electronics Stock Intrinsic Value – On February 16, 2023, UNIVERSAL ELECTRONICS ($NASDAQ:UEIC) released its financial results for the 2022 fiscal year fourth quarter, ending on December 31, 2022. The report noted a decrease of 9.0% in total revenue, amounting to USD -6.9 million. Net income was stated at USD 122.8 million, representing a 15.3% decrease from the same period one year prior. The company attributed the overall decrease in revenue to a combination of factors. These included lower demand for product, increased competition in the marketplace, and an unfavorable foreign exchange rate.

Additionally, rising costs associated with production were also cited as a primary contributor to the fall in earnings. In response to the results, UNIVERSAL ELECTRONICS issued a statement that it is focusing on strategies to increase revenue and reduce costs, while also adjusting its product offerings to meet current trends and demands in the market. The company reiterated its commitment to delivering high quality, cost-effective products and services to customers.

Share Price

On Thursday, UNIVERSAL ELECTRONICS, a leading provider of electronic equipment, released their financial statement for their 2022 fiscal year fourth quarter. The report showed a 9.0% decrease in revenue from the previous year’s quarter. Despite this, the company’s stock opened at $24.0 and closed at $24.4, up by 0.3% from the previous closing price of 24.4. This suggests that investors remain largely optimistic about the company’s future prospects. While the recent financial results were abysmal, UNIVERSAL ELECTRONICS was quick to point out the silver lining in their statement, noting that their cost-cutting measures had produced savings in the form of reduced expenses.

This allowed them to maintain some profitability despite the drop in revenue. The company also expressed their commitment to continue exploring ways to cut costs and improve efficiency, in order to regain their pre-pandemic levels of profitability. The company’s financial performance appears to have recovered slightly since the pandemic hit and UNIVERSAL ELECTRONICS looks to have persevered through one of the most difficult times in recent memory. Although the near-term prospects may be uncertain as the pandemic continues to take its toll on businesses around the world, UNIVERSAL ELECTRONICS is doing their best to remain competitive and ensure that their customers are taken care of. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Universal Electronics. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Universal Electronics. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Universal Electronics. More…

Key Ratios Snapshot

Some of the financial key ratios for Universal Electronics are shown below. More…

Analysis – Universal Electronics Stock Intrinsic Value

At GoodWhale, we have conducted a comprehensive analysis of the fundamentals of UNIVERSAL ELECTRONICS. Our proprietary Valuation Line calculated the fair value of a UNIVERSAL ELECTRONICS share to be around $37.5. However, the current stock price of UNIVERSAL ELECTRONICS is trading at only $24.4, creating an opportunity for investors as this presents a significant 34.9% undervaluation. More…

Peers

The competition in the consumer electronics industry is heating up as companies vie for market share.

– Emerson Radio Corp ($NYSEAM:MSN)

Emerson Radio Corporation is a leading global manufacturer and marketer of household appliances and electronics. The company has a market capitalization of $12.2 million and a return on equity of -9.06%. Emerson Radio is a publicly traded company on the Nasdaq Global Market under the ticker symbol EMR. The company’s products are sold under a variety of brand names including Emerson, Durabrand, Acoustic Research, and One For All. Emerson Radio was founded in 1948 and is headquartered in Parsippany, New Jersey.

– Bonso Electronics International Inc ($NASDAQ:BNSO)

Bonso Electronics International Inc is a technology company that designs, develops, manufactures, and markets consumer electronic products and solutions worldwide. The company has a market cap of 15.64M as of 2022 and a Return on Equity of -9.13%. The company’s products include mobile phones, digital audio players, portable speakers, and car audio systems.

– Compal Broadband Networks Inc ($TWSE:6674)

Compal Broadband Networks Inc. is a global leader in the design and manufacture of broadband access equipment. The company’s products are used by service providers to deliver high-speed Internet, video, and voice services to subscribers over both copper and fiber networks. Compal Broadband Networks Inc. has a market cap of 1.46B as of 2022 and a Return on Equity of 0.31%. The company’s products are used by service providers to deliver high-speed Internet, video, and voice services to subscribers over both copper and fiber networks. Compal Broadband Networks Inc. is a global leader in the design and manufacture of broadband access equipment.

Summary

Investors analyzing Universal Electronics should take into consideration the company’s reported net income of 122.8 million US dollars for the year ended February 16, 2023. This marks a decrease from the previous year of 15.3%. This decrease may be concerning to investors, though further analysis of the company could reveal additional insights on its current financial standing. Additionally, other factors such as market trends, competitor performance, and future prospects should also be taken into account.