STOCKROUTINES

Ubiquiti Inc.

Last Updated
Share Price
$224.6
Market Cap
$13.82B
Dividend Yield
0.51%
EPS
$8.56
P/E
26.23

Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers. It develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other WLAN products, as well as consumer products under the Ubiquiti Labs brand name. The company also provides technology platforms, such as airMAX, which include proprietary protocols that contain technologies for minimizing signal noise; EdgeMAX, a software and system routing platform; airFiber, a point-to-point radio system; and UFiber GPON, a plug and play fiber network technology to build high speed fiber internet networks. In addition, it offers UniFi -Enterprise WLAN, an enterprise Wi-Fi system that allows for on-site and remote management through the cloud; UniFi Protect, a video surveillance system, which provides statistical reporting and advanced analytics; UniFi Switch that deliver performance, switching, and power of Ethernet support for enterprise networks; UniFi Console, an enterprise class router and security gateway device; and UniFi Access, a door access system. Further, offers base stations, radios, backhaul equipment, and customer premise equipment; embedded radio products; antennas; and mounting brackets, cables, and power over Ethernet adapters. It serves customers through a network of approximately 100 distributors, online retailers, and direct to customers worldwide. The company was formerly known as Ubiquiti Networks, Inc. and changed its name to Ubiquiti Inc. in August 2019. Ubiquiti Inc. was incorporated in 2003 and is headquartered in New York, New York.

0%
Income
  • Revenue $1.9B
  • Gross Profit $912.28M
  • Net Income $616.58M
  • Gross Margin 48.06%
  • Net Margin 32.48%
Cash Flow
  • Free Cash Flow (FCF) $593.7M
  • Free Cash Flow To Equity (FCFE) $319.95M
  • Dividends Paid $-100.81M
  • Debt Repayment $-273.75M
  • Net Stock Repurchased $219.76M
Balance Sheet
  • Shareholder Equity $2.7M
  • Debt To Equity (D/E) 32911.67%
  • Book Value $2.7M
  • Book Value Per Share (BVPS) $0
  • Return On Invested Capital (ROIC) 220.34%
The financial metrics for Ubiquiti Inc. presented below are for the financial year 2021.
P/E 31.89 Price To Earnings Ratio
P/S 10.36 Price To Sales Ratio
P/B 7286.09 Price To Book Ratio
P/CF 32.13 Price To Operating Cash Flow Ratio
P/FCF 33.12 Price To Free Cash Flow Ratio
P/FCFE 61.46 Price To Levered Free Cash Flow Ratio
P/EBT 27.03 Price To Pre-Tax Income
PEG 0.61 Trailing Price/Earnings To Growth Ratio
EV/Sales 10.51 Enterprise Value To Sales Ratio
EBIT/EV 0.04 EBIT To Enterprise Value Ratio
EV/EBITDA 26.43 Enterprise Value to EBITDA Ratio
D/E 329.12 Debt To Equity Ratio
ROE -421.22% Return On Equity
ROIC 220.34% Return On Invested Capital
DPR 16.35% Dividend Payout Ratio
Current Ratio 2.51 Current Liquidity Ratio
EPS Growth 52.04% Earnings Per Share Growth Rate
Graham Number $3.07 Benjamin Graham's Number
Piotroski Score N/A Piotroski F-Score
Beta N/A Beta Coefficient Value
    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue $1.9B$1.28B$1.16B$1.02B$865.27M$666.39M$595.95M$572.46M$320.82M$353.52M$197.87M$136.95M$63.12M
Cost of Revenue $985.82M$676.33M$624.13M$573.29M$469.56M$341.6M$333.76M$319M$185.49M$202.51M$117.06M$82.4M$37.18M
Gross Profit $912.28M$608.17M$537.6M$443.57M$395.71M$324.8M$262.19M$253.47M$135.33M$151M$80.81M$54.55M$25.94M
Gross Profit Margin 48.06%47.35%46.28%43.62%45.73%48.74%44%44.28%42.18%42.71%40.84%39.83%41.1%
Operating Expenses $169.68M$129.97M$125.31M$117.44M$105.95M$91.03M$76.17M$57.52M$42.73M$25.71M$18.73M$49.87M$8.11M
Research & Development Expenses (R&D) $116.17M$89.41M$82.07M$74.32M$69.09M$57.77M$54.56M$33.96M$20.95M$16.7M$11.37M$31.7M$5.17M
Selling, General & Administrative Expenses (SG&A) $0$40.57M$43.24M$43.12M$36.85M$33.27M$21.61M$23.56M$21.77M$9.01M$0$0$0
Other Expenses $53.51M$0$0$0$0$0$0$0$0$0$7.36M$18.16M$2.95M
Net Income $616.58M$380.3M$322.69M$196.29M$257.51M$213.62M$129.66M$176.94M$80.49M$102.59M$49.73M$-5.46M$9.89M
Net Profit Margin 32.48%29.61%27.78%19.3%29.76%32.06%21.76%30.91%25.09%29.02%25.13%-3.98%15.67%
Operating Income $742.59M$478.2M$394.3M$326.13M$289.76M$242.06M$146.88M$195.94M$92.6M$125.29M$62.08M$4.68M$17.83M
Other Income & Expenses (Net) $-14.94M$-28M$-12.81M$-11.98M$-4.74M$-2.12M$-1.13M$-1.33M$-851K$-1.27M$79K$581K$118K
Depreciation & Amortization $12.1M$7.7M$7.56M$7.31M$7.36M$6.29M$4.97M$2.82M$1.96M$602K$213K$144K$84K
Interest Income $0$0$0$0$0$0$0$0$0$0$78K$64K$118K
Interest Expense $14.94M$28M$0$0$0$0$0$0$0$0$0$0$0
Income Tax Expense $111.07M$69.9M$58.8M$117.85M$27.52M$26.32M$16.09M$17.67M$11.26M$21.43M$12.43M$10.72M$8.06M
Effective Tax Rate 15.26%15.53%15.41%37.52%9.65%10.97%11.04%9.08%12.28%17.28%20%203.67%44.9%
EBITDA $754.69M$485.89M$389.05M$321.45M$292.38M$246.23M$150.72M$197.43M$93.72M$124.63M$62.37M$5.41M$18.03M
EBIT $742.59M$478.2M$381.49M$314.14M$285.02M$239.94M$145.75M$194.61M$91.75M$124.02M$62.16M$5.26M$17.95M
EBT N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Shares Outstanding 62.99M65.43M71.44M77.18M81.48M84.4M88.01M87.77M88.31M83.46M99.13M62.72M62.72M
Diluted Shares Outstanding 63.05M65.51M71.6M78.33M83.25M85.78M89.57M89.72M90.26M83.46M102.94M62.72M62.72M
EPS $9.79$5.81$4.52$2.54$3.16$2.53$1.47$2.02$0.91$1.23$0.5$-0.11$0.16
Diluted EPS $9.78$5.8$4.51$2.51$3.09$2.49$1.45$1.97$0.89$1.23$0.48$-0.11$0.16
    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Operating Cash Flow $612.02M$460.28M$259.26M$332.05M$112.04M$197.51M$134.55M$121.33M$131.89M$81.79M$62.84M$-25.98M$7.26M
Net Income $616.58M$380.3M$322.69M$196.29M$257.51M$213.62M$129.66M$176.94M$80.49M$102.59M$49.73M$-5.46M$9.89M
Depreciation & Amortization $12.1M$7.7M$7.56M$7.31M$7.36M$6.29M$4.97M$2.82M$1.96M$602K$213K$144K$84K
Deferred Income Tax $-674K$-1.19M$196K$2.03M$-938K$-1.15M$-911K$2.09M$377K$-897K$-1.16M$-645K$536K
Stock-Based Compensation $3.03M$2.89M$2.89M$3.21M$2.79M$3.72M$4.99M$4.91M$3.38M$1.49M$952K$281K$505K
Change In Working Capital $-32.31M$52.38M$-78.32M$105.59M$-157.14M$-27.07M$-11.73M$-62.88M$45.91M$-9.21M$13.12M$-20.98M$-3.75M
Other Non-Cash Items $13.3M$18.21M$4.24M$17.62M$2.46M$2.1M$7.56M$-2.54M$-227K$-12.78M$-2K$673K$0
Cash From Investing $-19.27M$69.58M$-157.57M$-9.12M$-7.23M$-6.25M$-12.72M$-4.04M$-5.36M$-3.31M$-479K$-615K$-280K
Purchases Of Investments $-1.86M$-27.54M$-225.08M$0$0$0$0$0$0$0$0$0$0
Sales / Maturities of Investments $922K$127.74M$119.19M$0$0$0$0$0$0$0$0$0$0
Property, Plant & Equipment Investments $-18.32M$-30.62M$-9.68M$-9.12M$-7.23M$-6.25M$-12.72M$-4.04M$-5.36M$-3.31M$-479K$-615K$-280K
Net Acquisitions $0$0$0$0$0$0$0$0$0$0$0$0$0
Other Investing Activites $0$0$-42M$0$0$0$0$0$0$0$0$0$0
Cash From Financing $-485.95M$-625.4M$-530.23M$-260.45M$-51.64M$-86.63M$-22.52M$1.99M$-20.76M$-32.78M$-14.42M$41.34M$753K
Debt Repayment $-273.75M$-270M$-25M$-488.25M$-45.25M$-24M$-74.75M$-76.25M$-4.33M$-73.25M$0$0$0
Dividend Payments $-100.81M$-78.68M$-71.36M$0$0$0$-15.02M$0$-15.65M$0$0$0$0
Payout Ratio 16.35%20.69%22.11%0%0%0%11.58%0%19.45%0%0%0%0%
Net Common Stock Repurchased $219.76M$700.13M$468.23M$445.01M$105.23M$193.52M$34.71M$0$54.35M$75.56M$12.65M$64.62M$0
Common Stock Repurchased $-219.76M$-700.13M$-468.23M$-445.01M$-105.23M$-193.52M$-34.71M$0$-54.35M$-108M$-12.65M$-64.62M$0
Common Stock Issued $219.76M$700.13M$468.23M$445.01M$105.23M$193.52M$34.71M$0$54.35M$75.56M$12.65M$64.62M$0
Other Financing Activites $108.37M$423.41M$34.36M$672.82M$98.84M$130.89M$101.97M$78.24M$53.58M$116.03M$-1.77M$105.96M$753K
Accounts Receivables $-30.14M$13.88M$18.73M$-33.97M$-58.16M$-16.68M$-11.34M$-18.33M$38.66M$-36.65M$-5.86M$-29.54M$-3.49M
Accounts Payables $-43.34M$116.9M$24.33M$-34.6M$-2.55M$7.72M$9.73M$-2.33M$9.72M$11.69M$9.08M$3.93M$475K
Inventory $52.89M$-28.05M$-163.66M$35.97M$-86.99M$-20.01M$7.03M$-33.76M$-9M$-2.27M$-1.06M$-4.08M$199K
Other Working Capital $7.46M$855K$9.08M$4.94M$3.65M$709K$-399K$1.9M$1.21M$-48K$-810K$4.2M$20.72M
Capital Expenditure (CAPEX) $-18.32M$-30.62M$-9.68M$-9.12M$-7.23M$-6.25M$-12.72M$-4.04M$-5.36M$-3.31M$-479K$-615K$-280K
Effect Of Foreign Exchange On Cash $0$0$0$0$0$0$0$0$0$0$0$0$0
Net Change In Cash $106.8M$-95.53M$-428.53M$62.48M$53.17M$104.63M$99.3M$119.27M$105.77M$45.7M$47.95M$14.74M$7.74M
Free Cash Flow (FCF) $593.7M$429.67M$249.57M$322.93M$104.8M$191.26M$121.82M$117.28M$126.53M$78.48M$62.36M$-26.6M$6.99M
Free Cash Flow To Equity (FCFE) $319.95M$159.66M$224.57M$-165.32M$59.55M$167.26M$47.07M$41.03M$122.19M$5.23M$62.36M$-26.6M$6.99M
    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Total Assets $890.99M$737.45M$875.87M$1.02B$972.71M$748.05M$600.57M$476.15M$292.34M$213.74M$131.68M$82.09M$26.67M
Total Current Assets $694.16M$586.65M$753.81M$1B$952.33M$728.64M$581.35M$465.72M$283.47M$207.9M$128.1M$81.13M$26.38M
Cash & Short-Term Investments $250.74M$143.54M$308.01M$666.68M$604.2M$551.03M$446.4M$347.1M$227.83M$122.06M$76.36M$28.41M$13.67M
Cash & Cash Equivalents $249.42M$142.62M$238.15M$666.68M$604.2M$551.03M$446.4M$347.1M$227.83M$122.06M$76.36M$28.41M$13.67M
Short-Term Investments $1.32M$925K$69.87M$0$0$0$0$0$0$0$0$0$0
Net Receivables $172.29M$142.16M$156.04M$174.52M$140.56M$82.79M$66.1M$55.16M$38.09M$75.64M$39.81M$36.29M$7.54M
Inventory $233.77M$285.94M$264.28M$102.22M$142.05M$57.11M$37.03M$46.35M$15.88M$7.73M$5.66M$4.8M$1.28M
Other Current Assets $37.36M$15M$25.47M$57.93M$65.53M$37.71M$31.81M$17.11M$1.68M$2.46M$6.27M$11.62M$3.88M
Total Non-Current Assets $196.83M$150.8M$122.05M$21.23M$20.38M$19.41M$19.23M$10.43M$8.87M$5.84M$3.58M$962K$296K
Property, Plant & Equipment (PP&E) $119.07M$102.97M$13.62M$14.33M$12.92M$12.95M$15.6M$7.26M$5.98M$4.47M$1.02M$756K$285K
Goodwill & Intangible Assets $8.68M$3.06M$3.26M$460K$437K$616K$0$799K$1.03M$748K$0$0$0
Goodwill $0$0$0$0$0$0$0$0$0$0$0$0$0
Intangible Assets $8.68M$3.06M$3.26M$460K$437K$0$0$0$0$0$0$0$0
Long-Term Investments $1.03M$513K$36.59M$0$0$0$0$0$0$0$0$0$0
Other Non-Current Assets $63.26M$40.16M$65.68M$3.33M$1.89M$1.65M$2.11M$1.11M$1.86M$388K$2.23M$206K$11K
Other Assets $0$0$0$0$0$0$0$0$0$0$0$0$0
Total Liabilities $888.29M$1.03B$776.59M$706.83M$370.95M$307.68M$178.42M$140.89M$144.9M$82.78M$39.7M$134.93M$8.56M
Total Current Liabilities $276.41M$264.3M$179.19M$112.92M$98.49M$90.92M$70.13M$52.31M$59.42M$52.44M$37.8M$26.13M$5.65M
Accounts Payables $112.07M$155.55M$38.72M$14.1M$49.01M$51.51M$43.86M$33.93M$36.19M$26.45M$14.76M$5.68M$1.76M
Short-Term Debt $33.01M$31.12M$30.68M$24.43M$14.74M$11.25M$10M$0$5.01M$6.97M$0$0$0
Deferred Revenue $24.31M$18.52M$18.32M$9.28M$7.16M$3.77M$2.6M$6.05M$5.81M$1.04M$3.41M$10.11M$0
Other Current Liabilities $107.02M$59.1M$91.47M$65.11M$27.58M$24.39M$13.68M$12.33M$12.41M$17.98M$19.63M$10.34M$3.9M
Total Non-Current Liabilities $611.87M$768.61M$597.4M$593.91M$272.46M$216.75M$108.28M$88.57M$85.48M$30.35M$1.9M$108.8M$2.9M
Long-Term Debt $499.29M$628.44M$464.7M$460.35M$241.82M$192.25M$87.5M$72.25M$71.12M$22.62M$0$0$0
Other Non-Current Liabilities $104.02M$133.92M$126.18M$129.29M$28.02M$23.2M$19.81M$15.35M$11.86M$7.73M$32K$106.81M$0
Total Debt $532.3M$659.56M$495.38M$484.78M$256.56M$203.5M$97.5M$72.25M$76.13M$29.59M$0$0$0
Total Shareholder Equity $2.7M$-295.46M$99.28M$315.75M$601.76M$440.38M$422.15M$335.26M$147.44M$130.95M$91.97M$-52.84M$18.11M
Common Stock $63K$64K$69K$74K$80K$82K$87K$88K$87K$92K$99K$41K$41K
Retained Earnings $2.63M$-295.98M$98.81M$315.28M$601.16M$440.29M$422.07M$313.17M$136.23M$71.39M$15.04M$7.38M$16.58M
Accumulated Other Comprehensive Income Loss (AOCL) $1K$9K$393K$-28.14M$-21.79M$-15.44M$-9.74M$-5.11M$-2.67M$-1.03M$-433K$-220K$-76K
Other Shareholder Equity $0$447K$0$28.53M$22.32M$15.44M$9.74M$27.12M$13.78M$60.49M$77.27M$-60.03M$1.57M
Total Investments $2.35M$1.44M$106.45M$0$0$0$0$0$0$0$0$0$0
Net Debt $282.88M$516.94M$257.23M$-181.9M$-347.63M$-347.53M$-348.9M$-274.84M$-151.7M$-92.47M$-76.36M$-28.41M$-13.67M
Book Value $2.7M$-295.46M$99.28M$315.75M$601.76M$440.38M$422.15M$335.26M$147.44M$130.95M$91.97M$-52.84M$18.11M

Discounted Cash Flow

Use the Discounted Cash Flow (DCF) tool to estimate the intrinsic value of Ubiquiti Inc. stock.

Assumptions
Forecast Period
Required Return
  Low Mid High
Revenue Growth
FCFE Margin
Perpetual Growth
Terminal P/FCFE
Assumptions

The number of assumptions to make for each forecast.

Forecast Period

The number of years to forecast future cash flows. These future cash flows are used to determine the intrinsic present value for the stock.

It is generally recommended to select a longer period for more established companies with stable financial histories.

Forecast Period

The compounding annual rate of return required, according to your investment objectives. This is used to discount back future cash flows.

Revenue Growth

Estimate the annual compounding revenue growth rate. You can use the historical compounding annual growth rates provided below as a guide.

  • 1 Year 38.94%
  • 3 Years 19.72%
  • 5 Years 18.71%
  • 10 Years 19.85%
Levered Free Cash Flow Margin

Estimate levered free cash flow (FCFE) as a percentage of revenue. You can use the historical margins provided below as a guide.

  • 1 Year 16.86%
  • 3 Years 16.21%
  • 5 Years 7.85%
  • 10 Years 11.9%
Perpetual Growth Rate

Estimate the compounding annual growth rate at which revenues will grow in perpetuity after the forecast period. This is the first method used to calculate the terminal value.

Values of between 2% and 5% are generally recommended.

Price To Levered Free Cash Flow

Estimate the price to levered free cash flow (P/FCFE) for the stock after the forecast period. This is the second method used to calculate the terminal value.

This method for calculating the terminal value can be preferred for shorter forecast periods. You can use the historical rations provided below as a guide.

  • 1 Year 61.46
  • 3 Years 58.23
  • 5 Years 41.12
  • 10 Years 61.11
Chief Executive Officer (CEO) Mr. Robert Pera
Full-Time Employees 1.22K
Industry Communication Equipment
Sector Technology
Country US
Website https://www.ui.com

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