Financial Survey: SKYX Platforms (NASDAQ:SKYX) vs. Ultralife (NASDAQ:ULBI)

Ultralife (NASDAQ:ULBI) and SKYX Platforms (NASDAQ:SKYX) are both small-cap industrials companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.

Earnings and Valuation

This table compares Ultralife and SKYX Platforms”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ultralife	$191.16 million	0.49	-$5.90 million	($0.40)	-14.16
SKYX Platforms	$92.01 million	2.14	-$33.42 million	($0.27)	-5.39

Ultralife has higher revenue and earnings than SKYX Platforms. Ultralife is trading at a lower price-to-earnings ratio than SKYX Platforms, indicating that it is currently the more affordable of the two stocks.

Risk and Volatility

Ultralife has a beta of 0.82, suggesting that its stock price is 18% less volatile than the S&P 500. Comparatively, SKYX Platforms has a beta of -3491.36, suggesting that its stock price is 349,236% less volatile than the S&P 500.

Insider & Institutional Ownership

30.7% of Ultralife shares are held by institutional investors. Comparatively, 11.8% of SKYX Platforms shares are held by institutional investors. 42.9% of Ultralife shares are held by company insiders. Comparatively, 24.2% of SKYX Platforms shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Ultralife and SKYX Platforms, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ultralife	1	0	0	0	1.00
SKYX Platforms	1	1	3	1	2.67

SKYX Platforms has a consensus price target of $4.67, suggesting a potential upside of 220.73%. Given SKYX Platforms’ stronger consensus rating and higher possible upside, analysts plainly believe SKYX Platforms is more favorable than Ultralife.

Profitability

This table compares Ultralife and SKYX Platforms’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ultralife	-3.50%	2.75%	1.66%
SKYX Platforms	-34.34%	N/A	-49.28%

Summary

Ultralife beats SKYX Platforms on 8 of the 15 factors compared between the two stocks.

About Ultralife

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 adapters, 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, Ultralife Batteries, Lithium Power, McDowell Research, AMTITM, ABLETM, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE SEASAFE, Excell Battery Group, and Criterion Gauge 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.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is based in Pompano Beach, Florida.