Ultra Electronics Holdings Plc (ULE:LN) Industrials/Defense Price: 3,236.00 GBX Report Date: September 30, 2021 Business Description and Key Statistics Ultra Electronics Holdings is a holding company. Through its Current YTY % Chg subsidiaries, Co. operates mainly as a Tier 3 (sub-system) and occasionally a Tier 2 systems provider in the maritime, command, Revenue LFY (M) 825 7.6 control, communications, computers, intelligence, surveillance, EPS Diluted LFY 1.05 140.6 acquisition and reconnaissance – electronic warfare, military and commercial aerospace, nuclear, and industrial sensors Market Value (M) 2,296 markets. Co. core markets are Australia, Canada, New Zealand, United Kingdom and United States. Co. is organized into three Shares Outstanding LFY (000) 70,965 operating segments; Aerospace & Infrastructure, which comprises Book Value Per Share 6.07 Precision Control Systems, Energy and Forensic Technology; Intelligence & Communications; and Maritime. EBITDA Margin % 17.20 Net Margin % 9.3 Website: www.ultra-electronics.com Long-Term Debt / Capital % 34.7 ICB Industry: Industrials Dividends and Yield TTM 0.42 - 2.97% ICB Subsector: Defense Payout Ratio TTM % 49.6 Address: 35 Portman Square London 60-Day Average Volume (000) 376 GBR 52-Week High & Low 3,370.00 - 1,856.00 Employees: 4,089 Price / 52-Week High & Low 0.96 - 1.74 Price, Moving Averages & Volume 3,445.7 3,445.7 Ultra Electronics Holdings Plc is currently trading at 3,236.00 which is 1.8% above its 50 day 3,237.5 3,237.5 moving average price of 3,179.04 and 37.5% above its 3,029.4 3,029.4 200 day moving average price of 2,353.58. 2,821.2 2,821.2 ULE:LN is currently 4.0% below its 52-week high price of 3,370.00 and is 74.4% above 2,613.0 2,613.0 its 52-week low price of 1,856.00. Over the past 52- 2,404.8 2,404.8 weeks, ULE:LN is up 55.1% while on a calendar year-to- date basis it is up 56.2%. 2,196.7 2,196.7 The Relative Strength Index (RSI) indicator for ULE:LN is 1,988.5 1,988.5 currently 59.52. An RSI value of 70 and above is considered 1,780.3 1,780.3 overbought and 30 and below 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 oversold. Volume (000) 2,179 2,179 1,634 1,634 1,089 1,089 545 545 Mean (218.53) 0 0 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 Price Price (50-Day Simple Moving Average) Price (200-Day Simple Moving Average) Copyright © 2021 FTSE Russell 1 www.ftserussell.com Ultra Electronics Holdings Plc (ULE:LN) Industrials/Defense Price: 3,236.00 GBX Report Date: September 30, 2021 Price Performance, Technical Indicators & Risk Metrics Difference Price Performance % Change vs FTSE 350 Technical Indicators 1-Day % -0.43 -0.09 50-Day Average Price 3179.04 1-Week % 0.50 1.03 Price / 50-Day Average 1.02 4-Week % 1.00 2.66 200-Day Average Price 2353.58 52-Week % 55.13 32.24 Price / 200-Day Average 1.37 RSI - Relative Strength Index 59.52 Quarter-to-Date % 41.31 40.22 Year-to-Date % 56.18 46.01 Risk Metrics Last Month % 1.06 2.26 Price Volatility 40.03 Last Quarter % 41.31 40.22 Sharpe Ratio 0.14 Last Calendar Year % -1.99 11.00 Sortino Ratio 0.27 5-Year Price Performance vs. FTSE 350 Ultra Electronics Holdings Plc Current: 1.75 CAGR: 11.9% Over the past five years, Ultra FTSE 350 Index Current: 1.21 CAGR: 3.9% Electronics Holdings Plc's stock price is up 75.3% which 1.9 1.9 is 54.3% above the FTSE 350 Index performance of 21.0% over the same period. Ultra 1.7 ULE:LN 1.7 Electronics Holdings Plc's cumulative annualized growth 1.6 1.6 rate (CAGR) over the five year period has been 11.9% while that of the FTSE 350 Index 1.5 1.5 has been 3.9%. Over the past year, Ultra 1.4 1.4 Electronics Holdings Plc's stock price performance of 1.3 1.3 55.1% has outperformed that of the FTSE 350 Index by 32.2%. On a year-to-date 1.2 ^NMX:LN 1.2 basis, Ultra Electronics Holdings Plc's stock price 1.1 1.1 performance of 56.2% has outperformed the FTSE 350 Index by 46.0%. 1.0 1.0 Over the past week, Ultra Electronics Holdings Plc's 0.9 0.9 stock price performance of 0.5% has outperformed that of 0.8 0.8 the FTSE 350 Index by 1.0%. 0.7 0.7 0.6 0.6 2017 2018 2019 2020 2021 2022 Copyright © 2021 FTSE Russell 2 www.ftserussell.com Ultra Electronics Holdings Plc (ULE:LN) Industrials/Defense Price: 3,236.00 GBX Report Date: September 30, 2021 Growth and Profitability Metrics 5-Year 10-Year Historical Growth 3-Year 5-Year 10-Year Profitability Current Average Average Revenues % 1.7 2.9 2.4 Gross Margin % 29.0 30.1 Revenues Per Share % 0.1 1.9 1.7 EBITDA Margin % 17.2 15.1 EBITDA % 0.6 12.0 2.4 Pre-Tax Margin % 11.0 7.4 EPS Diluted % 8.2 28.7 -0.9 Net Margin % 9.3 6.0 Free Cash Flow % -4.8 4.6 -2.1 Return on Equity % 17.7 13.5 Cash from Operations % 0.6 6.6 -0.8 Return on Capital % 14.3 10.4 Book Value % 5.6 6.0 8.5 Return on Assets % 7.6 5.1 Revenue (M) Ultra Electronics Holdings Plc's cumulative annualized Current: 825.40 Median: 780.58 High: 825.40 Low: 766.75 CAGR: 1.7% revenue growth rate over the 837.1 837.1 825.4 charted period is 1.7%. This compares to cumulatative 812.7 812.7 annualized growth of 1.7% over the past 3 years. 788.3 785.8 788.3 775.4 766.7 763.8 763.8 2016 2017 2018 2019 2020 2021 Ultra Electronics Holdings EPS Diluted Plc's cumulative annualized Current: 1.05 Median: 0.75 High: 1.05 Low: 0.44 CAGR: 8.2% EPS growth rate over the 1.17 1.17 charted period is 8.2%. This 1.05 compares to cumulatative annualized growth of 8.2% 0.92 0.83 0.92 over the past 3 years. 0.66 0.66 0.66 0.44 0.41 0.41 2016 2017 2018 2019 2020 2021 Net Profit Margin % Ultra Electronics Holdings Plc's net profit margin of 9.3% Current: 9.34 Median: 6.36 High: 9.34 Low: 4.21 CAGR: 8.1% is 2.9% above the period's 9.6 9.6 mean net margin of 6.4%. During the charted period, the 7.7 7.7 observed net profit margin Mean (6.42) high and low were 9.3% and 5.8 5.8 4.2% respectively. 4.0 4.0 2016 2017 2018 2019 2020 2021 Ultra Electronics Holdings Return on Equity % Plc's return on equity of 17.7% Current: 17.70 Median: 12.20 High: 17.70 Low: 6.80 CAGR: 0.0% is 5.2% above the period's 18.2 18.2 mean return on equity of 12.5%. During the charted 14.2 14.2 period, the observed ROE Mean (12.49) high and low were 17.7% and 6.8% respectively. 10.3 10.3 6.3 6.3 2016 2017 2018 2019 2020 2021 Copyright © 2021 FTSE Russell 3 www.ftserussell.com Ultra Electronics Holdings Plc (ULE:LN) Industrials/Defense Price: 3,236.00 GBX Report Date: September 30, 2021 Valuation Metrics 5-Year 10-Year 5-Year 10-Year Current Median Median Current Median Median Price / EPS TTM 30.9 23.9 26.2 Earnings Yield % 5.31 3.70 Price / Sales 2.9 1.7 1.7 Free Cash Flow Yield % 3.35 5.74 5.36 Price / Operating Cash Flow 19.1 13.2 13.6 Dividend Yield % 2.97 2.97 2.50 Price / Book Value 5.3 3.4 3.8 Enterprise Value / EBITDA 17.3 11.8 12.1 Price / EPS TTM Ultra Electronics Holdings Plc is trading at 30.85 times its Current: 30.85 Median: 23.87 High: 36.61 Low: 16.21 CAGR: 3.5% EPS generated during the 37.6 37.6 latest fiscal year. This multiple is above the historically 30.2 30.2 observed median of 23.87, while high and low Median (23.87) observations have been 36.61 22.7 22.7 and 16.21. 15.2 15.2 2016 2017 2018 2019 2020 2021 Price / Sales Ultra Electronics Holdings Plc is trading at a Price to Sales Current: 2.88 Median: 1.74 High: 2.95 Low: 1.07 CAGR: 11.4% ratio of 2.88 based on sales 3.04 3.04 generated during the latest fiscal year. This ratio is above 2.35 2.35 the historically observed median ratio of 1.74, while Median (1.74) high and low observations 1.67 1.67 have been 2.95 and 1.07. 0.98 0.98 2016 2017 2018 2019 2020 2021 Ultra Electronics Holdings Plc Price / Book Value is trading at a Price to Book Current: 5.33 Median: 3.38 High: 5.47 Low: 1.91 CAGR: 5.5% ratio of 5.33 based on book 5.6 5.6 value at the latest fiscal year end.