Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
UEIC logo UEIC
Upturn stock ratingUpturn stock rating
UEIC logo

Universal Electronics Inc (UEIC)

Upturn stock ratingUpturn stock rating
$6.6
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/20/2025: UEIC (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -51.08%
Avg. Invested days 29
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/20/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 79.33M USD
Price to earnings Ratio -
1Y Target Price 13.67
Price to earnings Ratio -
1Y Target Price 13.67
Volume (30-day avg) 89878
Beta 1.22
52 Weeks Range 5.93 - 14.20
Updated Date 04/1/2025
52 Weeks Range 5.93 - 14.20
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.85

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -6.09%
Operating Margin (TTM) 0.92%

Management Effectiveness

Return on Assets (TTM) -1.33%
Return on Equity (TTM) -14.47%

Valuation

Trailing PE -
Forward PE 27.62
Enterprise Value 102549733
Price to Sales(TTM) 0.2
Enterprise Value 102549733
Price to Sales(TTM) 0.2
Enterprise Value to Revenue 0.26
Enterprise Value to EBITDA 9.75
Shares Outstanding 13111700
Shares Floating 8973222
Shares Outstanding 13111700
Shares Floating 8973222
Percent Insiders 5.7
Percent Institutions 77.29

Analyst Ratings

Rating 5
Target Price 14.33
Buy -
Strong Buy 2
Buy -
Strong Buy 2
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Universal Electronics Inc

stock logo

Company Overview

History and Background

Universal Electronics Inc. (UEI) was founded in 1986. It initially focused on universal remote controls and has evolved into a global leader in wireless control technology, providing solutions for home entertainment, smart home, and IoT markets. Key milestones include securing major OEM partnerships and expanding its product portfolio beyond remote controls.

Core Business Areas

  • Home Entertainment Control: UEI designs, develops, manufactures, and ships pre-programmed and universal remote controls, set-top box accessories and connected home devices to its customers who are primarily video service providers, retailers and original equipment manufacturers.
  • Smart Home and IoT: UEI provides sensing and control solutions for connected devices including temperature sensors, security sensors and other components.

Leadership and Structure

Paul A. Arling is the Chairman and CEO. The company has a typical corporate structure with departments for engineering, sales, marketing, finance, and operations.

Top Products and Market Share

Key Offerings

  • Universal Remote Controls: UEI is a leader in universal remote controls, providing solutions to major cable and satellite providers globally. While specific market share data fluctuates, UEI holds a significant portion of the global remote control market. Competitors include Ruwido, Peel Technologies, and some smaller Asian manufacturers. Revenue from remote controls constitutes a large portion of the company's overall revenue, but specific figures are not publicly disclosed.
  • QuickSet Cloud: QuickSet Cloud is a platform that simplifies device discovery, setup, and control for connected devices. Market share data is difficult to ascertain due to the fragmented nature of the smart home platform market. Competitors include Google Nest, Apple HomeKit, and Amazon Alexa. The number of devices managed through QuickSet Cloud is estimated to be in the hundreds of millions.
  • Sensors and Control Solutions: Provide sensing and control solutions for connected devices including temperature sensors, security sensors and other components.

Market Dynamics

Industry Overview

The market is characterized by increasing demand for smart home automation, growing adoption of streaming services, and rising need for seamless control solutions for complex entertainment systems.

Positioning

UEI is positioned as a technology leader and innovator, holding significant patents. They are known for their strong relationships with major OEMs and service providers.

Total Addressable Market (TAM)

The TAM for connected home devices and control solutions is estimated to be in the tens of billions of dollars. UEI is well-positioned to capture a significant portion of this market by providing solutions to control all connected devices.

Upturn SWOT Analysis

Strengths

  • Strong relationships with major OEMs and service providers
  • Extensive patent portfolio
  • Leading market position in universal remote controls
  • Advanced technology in QuickSet Cloud and connectivity solutions

Weaknesses

  • Dependence on key customers
  • Exposure to economic cycles
  • High inventory levels
  • Relatively small size compared to large tech companies

Opportunities

  • Expanding into new smart home applications
  • Leveraging AI and machine learning for advanced control
  • Growing demand for energy management solutions
  • Partnerships with new IoT platforms

Threats

  • Increasing competition from low-cost manufacturers
  • Rapid technological changes
  • Potential disruption from voice control
  • Economic downturns affecting consumer spending

Competitors and Market Share

Key Competitors

  • Ruwido
  • Peel Technologies
  • Google (GOOGL)
  • Apple (AAPL)
  • Amazon (AMZN)

Competitive Landscape

UEI's advantages include its strong relationships with major OEMs and extensive patent portfolio. Disadvantages include its relatively small size compared to large tech companies like Google and Amazon.

Major Acquisitions

Evolved Home

  • Year: 2016
  • Acquisition Price (USD millions): 38
  • Strategic Rationale: Expanded presence in professionally installed home automation market.

Growth Trajectory and Initiatives

Historical Growth: UEI has experienced moderate growth over the past decade, driven by demand for universal remote controls and smart home solutions.

Future Projections: Analyst estimates suggest continued growth, driven by expansion into new markets and adoption of new technologies.

Recent Initiatives: Recent initiatives include developing new energy management solutions and partnering with IoT platform providers.

Summary

Universal Electronics Inc. is a solid company with a leading position in universal remote controls and growing presence in smart home solutions. Its strong relationships with OEMs and patent portfolio are advantages. However, it faces competition from larger tech companies and needs to adapt to rapid technological changes to continue its growth trajectory.

Similar Companies

  • GOOGL
  • AAPL
  • AMZN
  • ROKU

Sources and Disclaimers

Data Sources:

  • SEC Filings (10-K, 10-Q)
  • Company Investor Relations
  • Industry Reports
  • Analyst Estimates

Disclaimers:

This analysis is based on publicly available information and analyst estimates. It is not financial advice, and investors should conduct their own due diligence.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Universal Electronics Inc

Exchange NASDAQ
Headquaters Scottsdale, AZ, United States
IPO Launch date 1993-02-12
Chairman & CEO Mr. Paul D. Arling
Sector Technology
Industry Consumer Electronics
Full time employees 3838
Full time employees 3838

Universal Electronics Inc. designs, develops, manufactures, ships, and supports control and sensor technology solutions in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company offers voice-enabled automatically-programmed universal radio frequency, and embedded and cloud software to video service providers, original equipment manufacturers, retailers, and private label customers; wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems to OEM customers, hotels, hospitality, and system integrators; proprietary and standards-based RF sensors for residential security, safety, and home automation applications; and integrated circuits on which its software and universal device control database is embedded to OEMs, video service providers, and private label customers. It also provides software, firmware and technology solutions that enables devices such as Smart TVs, hybrid set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to wirelessly connect and interoperate within home networks; cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses to OEMs and video service providers; embedded and cloud-enabled software for firmware update provisioning and digital rights management validation services to consumer electronics brands; and AV accessories, including universal remote controls, television wall mounts and stands, and digital television antennas. In addition, it provides QuickSet, a software application that can be embedded in entertainment or smart home platform or as a cloud-based service, through QuickSet Cloud, to enable universal device setup, interoperability, and control; and UEI Virtual Agent, an self-service support solution. Universal Electronics Inc. was incorporated in 1986 and is based in Scottsdale, Arizona.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​