Company Valuation: UTStarcom Holdings Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 49.58 31.26 32.07 31.21 27.36 24.05
Change - -36.96% 2.61% -2.68% -12.34% -12.09%
Enterprise Value (EV) 1 14.73 -17.63 -19.32 -15.91 -15.13 -9.33
Change - -219.72% -9.57% 17.66% 4.92% 38.32%
P/E -2.09x -5.38x -6.43x -8.14x -6.04x -2.92x
PBR 0.64x 0.46x 0.56x 0.61x 0.59x 0.64x
PEG - 0.1x 0.4x 0.3x -0.4x -0x
Capitalization / Revenue 2.04x 1.96x 2.28x 1.98x 2.52x 2.68x
EV / Revenue 0.61x -1.11x -1.38x -1.01x -1.39x -1.04x
EV / EBITDA -0.65x 3.56x 4.62x 2.42x 2.14x 1.12x
EV / EBIT -0.63x 3.32x 4.4x 2.34x 2.06x 1.09x
EV / FCF 2.47x -0.75x -2.12x 10.3x 4.38x 1.68x
FCF Yield 40.5% -133% -47.3% 9.75% 22.8% 59.6%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -2.64 -0.6471 -0.5523 -0.4226 -0.48 -0.87
Distribution rate - - - - - -
Net sales 1 24.31 15.92 14.05 15.75 10.88 8.978
EBITDA 1 -22.67 -4.947 -4.181 -6.579 -7.056 -8.35
EBIT 1 -23.24 -5.319 -4.387 -6.809 -7.331 -8.557
Net income 1 -23.68 -5.828 -5.002 -3.851 -4.368 -7.95
Net Debt 1 -34.85 -48.89 -51.4 -47.12 -42.49 -33.38
Reference price 2 5.520 3.480 3.550 3.440 2.900 2.540
Nbr of stocks (in thousands) 8,981 8,981 9,035 9,074 9,436 9,470
Announcement Date 4/21/21 4/26/22 4/27/23 4/29/24 4/25/25 4/24/26
1USD in Million2USD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 22.55M
28.04x6.28x16.26x1.48% 454B
53.63x19.13x38.35x-.--% 258B
17.21x0.69x12.59x2.63% 155B
23.78x7.47x18.04x0.52% 129B
45.94x13.85x30.57x-.--% 89.49B
32.49x6.34x18.38x1.08% 74.31B
69.04x8.92x39.46x-.--% 56.78B
40.53x2.2x14.19x1.74% 54.71B
27.6x6.23x20.79x1.5% 53.31B
Average 37.58x 7.90x 23.18x 0.99% 132.39B
Weighted average by Cap. 35.06x 8.70x 22.48x 1.06%

Y-o-Y evolution of P/E

Valuation ratios - P/E - UTStarcom Holdings Corp.

Historical PBR trend

Valuation ratios - PBR - UTStarcom Holdings Corp.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - UTStarcom Holdings Corp.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - UTStarcom Holdings Corp.

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