Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ultralife's enterprise value is €132.5 Mil.
Ultralife's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.4 Mil. Therefore, Ultralife's EV-to-EBITDA for today is -295.07.
The historical rank and industry rank for Ultralife's EV-to-EBITDA or its related term are showing as below:
FRA:ULB'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -260.86 Med: 12.11 Max: 143.13
Current: -246.96
During the past 13 years, the highest EV-to-EBITDA of Ultralife was 143.13. The lowest was -260.86. And the median was 12.11.
FRA:ULB's EV-to-EBITDA is ranked worse than 100% of 2489
companies
in the Industrial Products industry
Industry Median: 15.54
vs FRA:ULB: -246.96
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ultralife's share price for today is €5.85.
Ultralife's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.340.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Ultralife's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:ULB vs NMAD, TGEN, APWC: EV-to-EBITDA Comparison
For the Electrical Equipment & Parts subindustry, Ultralife's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ultralife EV-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ultralife's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ultralife's EV-to-EBITDA falls into.
Ultralife's current Enterprise Value is €132.5 Mil.
Ultralife's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.4 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ultralife (FRA:ULB) has a EV-to-EBITDA of -295.07 as of Aug. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ultralife. According to the industry distribution chart, Ultralife ranks #999999 out of 2489 companies in the Industrial Products industry.
Is Ultralife's EV-to-EBITDA too high?
Ultralife's current EV-to-EBITDA is -295.07. Based on the distribution chart, Ultralife ranks #999999 out of 2489 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ultralife has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Ultralife's EV-to-EBITDA compare to NMAD and TGEN?
According to the Industrial Products industry distribution chart, Ultralife ranks #999999 out of 2489 companies for EV-to-EBITDA. This places Ultralife in the lower half of its industry. The industry median EV-to-EBITDA is 15.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.54, based on 2,489 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ultralife. For the Industrial Products industry, the median EV-to-EBITDA is 15.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultralife's current EV-to-EBITDA is -295.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultralife stock overvalued right now?
Ultralife (FRA:ULB) has a current EV-to-EBITDA of -295.07. The stock's GF Value™ is €7.44, compared to a current price of €5.85 — trading 21.4% below its estimated fair value. The current EV-to-EBITDA is -295.07. Ultralife's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ultralife (FRA:ULB), the current EV-to-EBITDA is -295.07 as of Aug. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ultralife (FRA:ULB) Overvalued in 2026?
Based on GuruFocus' analysis, Ultralife stock appears to be undervalued.
The current stock price of €5.85 is trading 21.4% below its estimated GF Value™ of €7.44.
Key valuation signals for FRA:ULB:
EV-to-EBITDA: -295.07
GF Value™: €7.44 vs. price of €5.85 (21.4% below fair value)
No single metric tells the full story. See the FRA:ULB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company also designs, manufactures, installs, and maintains power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from the Battery and Energy Products segment, and from the U.S. The Battery & Energy Products segment includes Lithium 9-volt, cylindrical, and various other non-rechargeable batteries.
72GF Score
Get the complete analysis for FRA:ULB
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ULB has been successfully added to your 
