Stocktoria
ULTRALIFE CORP ULBI
ULTRALIFE CORP (ULBI) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $191.2M at a -3.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.76 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.316 |
| Retained earnings / assets | -0.186 |
| EBIT / assets | -0.027 |
| Equity / liabilities | 1.5 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| ULBI | ULTRALIFE CORP | 5/9 | 2.86 | — | +16.2% |
| CBAT | CBAK Energy Technology, Inc. | 3/9 | -2.78 | — | +10.5% |
| NRGV | Energy Vault Holdings, Inc. | 4/9 | -7.28 | — | +340.9% |
| BYRN | Byrna Technologies Inc. | 3/9 | 6.43 | 13.4 | +37.7% |
| EOSE | Eos Energy Enterprises, Inc. | 6/9 | -8.45 | — | +631.8% |
| GAUZ | Gauzy Ltd. | 5/9 | -6.34 | — | +32.8% |
| BLNK | Blink Charging Co. | 3/9 | — | — | -18% |
About ULTRALIFE CORP
Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeable batteries; lithium-ion cells, multi-kilowatt module lithium-ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables. The Communications Systems segment provides communications systems and accessories to support military communications systems, such as radio frequency amplifiers, power supplies and cables, connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, and integrated communication systems for fixed or vehicle applications comprising vehicle amplifier-adaptors, vehicle installed power enhanced rifleman appliqué systems, and SATCOM systems. This segment's military communications systems and accessories are designed to enhance and extend the operation of communications equipment, such as vehicle-mounted, manpack, and handheld transceivers. The company sells its products under the Ultralife, Ultralife HiRate, Ultralife Thin Cell, Lithium Power, McDowell Research, AMTI, ABLE, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE SEASAFE, Excell Battery Group, Criterion Gauge, and POW-R BMS brands through original equipment manufacturers, and industrial and defense supply distributors. In addition, it sells its 9-volt battery to the broader consumer market through national and regional retail chains and online retailers. It serves government, defense, and commercial sectors. The company was incorporated in 1990 and is headquartered in Newark, New York.
FAQ
Is ULBI financially healthy?
ULTRALIFE CORP's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does ULBI pay a dividend?
No, ULTRALIFE CORP does not currently pay a dividend.
How profitable is ULBI?
In FY2025, ULTRALIFE CORP had a net margin of -3.1% and a return on equity of -4.5%.
Is ULBI overvalued or undervalued?
ULTRALIFE CORP trades at about 0.2× trailing earnings — below its 10-year norm (10-year range 0.2×–107.0×, median 17.8×). Stocktoria reports the data, not buy/sell advice.
Is ULBI a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on ULTRALIFE CORP: a Piotroski F-score of 5/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.