Stock fact sheet · data as of
Ultralife Corporation (ULBI): fair value, margin of safety and Wheel Score
Industrials · Electrical Equipment & Parts · United States · Speculative / Distressed
Is ULBI undervalued?
At 6.05 (close of 16 Oct 2026), ULBI trades 19170% over the GLS average fair value of 0.0314, with 0 of 1 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
Only 1 of the nine models produced a value (10 Cap); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files ULBI under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for ULBI
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 0.0314 | -99% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 1.14 | -81% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - ULBI passes 5 of the nine Piotroski tests, which falls one point short of the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 2.8 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are thin or negative - ROIC -3.3%, ROE -4.5%, ROA -2.7% - with debt at 0.38 times equity and a free-cash-flow yield of 2.0%.
Ultralife Corporation pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Battery & Energy Products 80%, Communications Systems 20% (quarter Q4 FY2023).
Institutional ownership scores 4/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | -3.3% |
|---|---|---|---|
| GLS Moat | 2.8 / 10 | ROE | -4.5% |
| Debt / equity | 0.38 | ROA | -2.7% |
| Free-cash-flow yield | 2.0% | Payout ratio | 0% |
| Institutions | 4 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 21: No options
ULBI has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (21 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 22k shares a day on a market cap of $101M, with a beta of 0.78 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -19170% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 4 / 15 | moat 2.8/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 22k shares/day, $101M cap, beta 0.78 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Ultralife Corporation reports earnings on 22 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Electrical Equipment & Parts
The 12 companies below are the closest to Ultralife Corporation by market cap within the Electrical Equipment & Parts industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CBAT CBAK Energy Technology, Inc. | 1.14 | 11.13 | +90% | 45Weak | $101M |
| CEPL Capstone Energy+, Inc. | 3.26 | 3.30 | +1% | 22No options | $106M |
| OESX Orion Energy Systems, Inc. | 23.26 | 446.18 | +95% | 39No options | $95M |
| RFIL RF Industries, Ltd. | 7.34 | 5.57 | -32% | 43Weak | $80M |
| FAC Factorial Energy Inc. | 4.82 | 0.0532 | -8967% | 17Weak | $133M |
| SKYX SKYX Platforms Corp. | 1.04 | - | - | 33No options | $141M |
| NEOV NeoVolta Inc | 2.43 | - | - | 42Weak | $143M |
| FCELB FuelCell Energy, Inc. | 465.00 | - | - | 22No options | $145M |
| TGEN Tecogen Inc. | 2.30 | - | - | 32Weak | $69M |
| ESP Espey Mfg. & Electronics Corp. | 56.32 | 48.49 | -16% | 27No options | $171M |
| LTBR Lightbridge Corporation | 5.35 | 8.21 | +35% | 45Weak | $189M |
| MVST Microvast Holdings, Inc. | 0.5678 | 4.99 | +89% | 54Fair | $189M |
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Start free See the Sunday ScanQuestions about ULBI
Is ULBI undervalued right now?
No: at 6.05 the stock trades 19170% above the GLS average fair value of 0.0314 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of ULBI and what does it mean?
ULBI has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for ULBI?
0.0314 per share as of 16 Oct 2026 - the simple average of the 1 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Ultralife Corporation report earnings next?
The next earnings report is due on 22 Oct 2026 (before the open), 6 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does ULBI have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on ULBI, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.