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Ubiquiti Inc (UI)

Overvalued
TechnologyCommunication EquipmentUnited States

Fundamental

71

Price

$567.53

Market Cap

$33.49B

Part 1 · What the company is worth

Overview

Ubiquiti Inc. engages in the development of networking technology for service providers, enterprises, and consumers in North America, Europe, the Middle East, Africa, Asia Pacific, South America. The company develops technology platforms for high-capacity distributed Internet access and unified information technology. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing and related software; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, door access systems, and other WLAN products. It also provides technology platforms, such as UniFi Cloud Gateway, an Enterprise class internet and security gateway device; UniFi Wi-Fi, an enterprise Wi-Fi system; UniFi Protect, a video surveillance platform; UniFi Switch that deliver performance, switching, and power of ethernet support for enterprise networks; UniFi Access, a door access solution; UniFi Talk, a plug-and-play phone system and VoIP subscription service. In addition, the company offers airMAX, which include proprietary protocols that contain technologies for minimizing signal noise; airFiber, a wireless backhauls point-to-point radio system; UFiber GPON, a plug and play fiber network technology to build high speed fiber internet networks; and Wave, a technology platform. Further, the company provides base stations, radios, backhaul equipment, and customer premise equipment; embedded radio products; and antennas. It serves customers through a network of distributors, online retailers, and direct to customers through webstores. 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.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$3.27B

Trailing 12 months (through 6/30/2026)

Net Income

$960M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$909M

Total Equity

$1.44B

Total Liabilities

$758M

Current Ratio

2.93

Interest Coverage

-

Debt/EBITDA

0.07

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseOvervalued

Fair Value

$469.44

Current Price

$567.53

Margin of Safety

-20.9%

Fair Value Range

$305.13 - $633.74

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$734.50
Discounted cash flow (DCF):$245.66
Earnings multiple (P/E):$475.18
Graham growth formula:$402.49
Earnings power value (EPV):$130.22
Justified P/B:$246.71
Dividend discount (Gordon):$42.27
P/FFO, funds from operations:$258.85
Mid-cycle earnings:$443.42
Revenue multiple:$275.87
Analyst Consensus:Sell (1B / 3H / 7S)
Last Earnings Surprise:+13.87%

Valuation Metrics

P/E Ratio

35.81

ROE

66.7%

P/B Ratio

23.85

P/FCF

37.79

Gross Margin

46.2%

ROIC

59.6%

Profitability Radar

Value Creation (Economic Moat)

ROIC outlier

ROIC

59.6%

WACC

11.8%

ROIC − WACC

+47.8 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (19)

  • EPS shows upward trend
  • Price CAGR 25.59%
  • ROIC 59.6%
  • Gross Margin 46.2%
  • Debt/Equity ratio
  • Operating Margin 36.2%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 85.6%
  • Revenue Growth 5Y 11.5%
  • Earnings Surprise avg 9.7%
  • Earnings Quality (OCF/NI) 0.97
  • Share Dilution 0.1%
  • Net Margin Trend 29.3% vs 27.7%
  • Piotroski F-Score 6/9

Failed (6)

  • P/FCF 37.79
  • P/B Ratio 23.85
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Analyst Consensus 9% Buy
  • PEG Ratio 3.47

Unavailable (2)

  • Dividend Payout NaN%
  • Interest Coverage

Piotroski F-Score

6/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

0.97

Moderate: some gap between profits and cash

Share Dilution

0.1%

Share count is stable

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. Robert J. PeraFounder, Chairman & CEO47
Mr. Kevin RadiganChief Accounting & Finance Officer66
Mr. Hartley Nisenbaum J.D.Executive Vice President of Operations & Legal Affairs-

Audit Risk

8

Board Risk

8

Compensation Risk

7

Shareholder Rights Risk

7

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-08-21

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-05-08

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-08-21

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for UI, sourced from Markets Gazette.

  • 5/20/2026POSITIVE
    Here's How Much You Would Have Made Owning Ubiquiti Stock In The Last 10 Years

    Ubiquiti Inc. (UI) has delivered substantial returns for long-term investors over the past decade. While specific figures are not provided in this summary, the article implies significant capital appreciation for shareholders who held the stock for the last 10 years. This historical performance suggests strong underlying business fundamentals, effective management, and successful product strategies that have driven consistent growth and value creation. Investors considering Ubiquiti should note this long-term positive trend as an indicator of potential future performance, subject to market conditions and company-specific developments.

  • 3/6/2026POSITIVE
    Why Ubiquiti, Inc. Rallied Almost 40% in February

    Ubiquiti Inc. experienced a significant surge of nearly 40% in February, defying a prior short-seller report. The rally was primarily driven by the company's robust earnings performance, which triggered a short squeeze. This indicates strong underlying business fundamentals and investor confidence, overcoming negative external pressures. For shareholders, this demonstrates the company's resilience and ability to outperform despite challenges, potentially signaling continued upward momentum.

via Markets Gazette