Professional
Added to YB: 2024-09-24
Pitch date: 2024-09-04
UI [bullish]
Ubiquiti Inc.
+198.01%
current return
Author Info
No bio for this author
Company Info
Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers in North America, Europe, the Middle East, Africa, Asia Pacific, South America.
Market Cap
$41.6B
Pitch Price
$188.35
Price Target
N/A
Dividend
0.47%
EV/EBITDA
47.59
P/E
58.41
EV/Sales
16.20
Sector
Communications Equipment
Category
growth
Bonsai Partners New Position: Ubiquiti Inc.
UI: Networking hardware co w/ unique model: 70% enterprise functionality at 1/3 price, no maintenance fees. 34% 15yr rev CAGR, 32% op margin, 60% ROIC. 93% owned by founder. 'Operational float' enables low prices & high margins. Prosumer focus. Difficult to compete against due to low opex (10% vs 30-60% industry). Risks: founder dependency, lack of transparency.
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