Hyliion Holdings Corp. (HYLN) vs Ultralife Corporation (ULBI)

Hyliion Holdings Corp. and Ultralife Corporation are both Electrical Equipment & Parts companies. Hyliion Holdings Corp. is the larger, with a market value of $469.7M against $260.5M — 1.8× the size. Hyliion Holdings Corp. grew revenue faster over the last twelve months: 340.3% against 3.01%. Ultralife Corporation has the higher net margin (−1.54% vs −564.4%) and the higher return on invested capital (−1.49% vs −34.8%). Across the 17 metrics below, Ultralife Corporation leads on 13 and Hyliion Holdings Corp. on 4.

Valuation

Metric HYLN ULBI Electrical Equipment & Parts median
P/E n/m n/m 24.14
P/S 51.33 1.36 2.33
P/B 2.80 1.94 2.49
Price to free cash flow n/m n/m 22.24
EV/EBITDA n/m n/m 12.18
EV/Sales 45.22 1.58 1.79
Earnings yield (11.28%) (1.20%) (6.07%)
Free cash flow yield (11.24%) (0.27%) (5.34%)

Profitability

Metric HYLN ULBI Electrical Equipment & Parts median
Gross margin 6.52% 25.67% 29.92%
Operating margin (635.16%) (2.18%) 0.00%
Net margin (564.35%) (1.54%) 0.00%
Free cash flow margin (576.73%) (0.36%) 0.00%
Return on equity (27.08%) (2.18%) 0.00%
Return on assets (25.53%) (1.33%) 0.00%
Return on invested capital (34.84%) (1.49%) 0.00%

Growth

Metric HYLN ULBI Electrical Equipment & Parts median
Revenue growth (TTM) 340.33% 3.01% 10.59%
EPS growth (last fiscal year) (10.00%) (192.11%) 24.08%
Revenue growth, 5-year CAGR — 12.16% 9.92%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HYLN ULBI Electrical Equipment & Parts median
Debt to equity 0.00 0.38 0.15
Current ratio 7.59 2.97 2.34
Net debt to EBITDA 1.51 (292.07) 0.26

Dividend

Metric HYLN ULBI Electrical Equipment & Parts median
Dividend yield — — 0.33%
Payout ratio — — 0.09

Size

Metric HYLN ULBI Electrical Equipment & Parts median
Market cap 469.71m 260.45m 159.94m

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