RF Industries, Ltd. (RFIL) vs Ultralife Corporation (ULBI)

RF Industries, Ltd. and Ultralife Corporation are both Electrical Equipment & Parts companies. Ultralife Corporation is the larger, with a market value of $100.8M against $90.1M — 1.1× the size. Ultralife Corporation has negative trailing earnings, so its P/E is not meaningful; RF Industries, Ltd. trades at 36.3×. RF Industries, Ltd. grew revenue faster over the last twelve months: 13.0% against 4.69%. RF Industries, Ltd. has the higher net margin (2.83% vs −3.50%) and the higher return on invested capital (6.18% vs −3.05%). Across the 19 metrics below, RF Industries, Ltd. leads on 14 and Ultralife Corporation on 5.

Valuation

Metric RFIL ULBI Electrical Equipment & Parts median
P/E 36.28 n/m 36.10
P/S 1.04 0.54 2.73
P/B 2.33 0.77 3.57
Price to free cash flow 27.90 50.03 33.31
EV/EBITDA 15.55 n/m 18.07
EV/Sales 1.17 0.75 2.75
Earnings yield 2.76% (6.56%) (5.84%)
Free cash flow yield 3.58% 2.00% 0.00%

Profitability

Metric RFIL ULBI Electrical Equipment & Parts median
Gross margin 35.08% 24.38% 25.38%
Operating margin 4.56% (4.45%) 0.00%
Net margin 2.83% (3.50%) 0.00%
Free cash flow margin 3.73% 1.08% 0.00%
Return on equity 6.67% (4.83%) 0.94%
Return on assets 3.36% (3.00%) (1.50%)
Return on invested capital 6.18% (3.05%) 0.00%

Growth

Metric RFIL ULBI Electrical Equipment & Parts median
Revenue growth (TTM) 13.04% 4.69% 9.28%
EPS growth (last fiscal year) 101.11% (192.11%) —
Revenue growth, 5-year CAGR 13.36% 12.16% 9.80%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric RFIL ULBI Electrical Equipment & Parts median
Debt to equity 0.15 0.34 0.08
Current ratio 2.02 2.87 2.18
Net debt to EBITDA 0.62 (292.07) 0.26

Dividend

Metric RFIL ULBI Electrical Equipment & Parts median
Dividend yield — — 0.84%
Payout ratio 0.00 0.00 0.00

Size

Metric RFIL ULBI Electrical Equipment & Parts median
Market cap 90.14m 100.81m 177.98m

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