ECX vs UEIC vs ZBRA Stock Comparison

ECARX Holdings, Universal Electronics and Zebra Technologies Prices as of Oct 26, 2026 Peers: Industry group
ECX ECARX Holdings Inc.
$0.80 -26.6% 1M -64.9% 1Y
Market cap
$270.39M
P/E
–
Revenue (TTM)
$881.30M
Div. yield
–
Autonomous Driving Technology
1 win
ZBRA Zebra Technologies Corp
$384.15 +3.8% 1M +24.4% 1Y
Market cap
$18.37B
P/E
34.1x
Revenue (TTM)
$5.85B
Div. yield
–
Electronic Components Technology
7 wins

Head to Head

10 decided of 12

Zebra Technologies leads on 7 of the 12 questions below (Zebra Technologies 7, Universal Electronics 2, ECARX Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionECXUEICZBRALeader
Larger companyMarket capitalisation $270.39M $67.54M $18.37B ZBRA
Cheaper on earningsLower P/E, profitable companies only -7.8x -4.5x 34.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 11.0x 17.0x UEIC
Faster revenue growthRevenue growth, trailing twelve months +11.4% -17.9% +12.7% ZBRA
More profitableNet margin, trailing twelve months -3.9% -4.6% 9.2% ZBRA
Better return on capitalReturn on invested capital -4.6% -1.7% 10.6% ZBRA
Less leveragedLower net debt / EBITDA — -1.2x 2.4x UEIC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -64.9% +20.4% +24.4% ZBRA
Better 5-year returnAnnualised price return, 5 years -39.4%/yr -33.7%/yr -5.8%/yr ZBRA
Less volatileAnnualised volatility, 1 year 82.8% 55.7% 47.3% ZBRA
Higher overall scoreMean of the five percentile scores vs peers 77/100 58/100 61/100 ECX

Percentile Scorecard

ECXUEICZBRA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisECXUEICZBRA
Valuation 100 #1 of 13 91 #11 of 111 63 #42 of 111
Growth 100 #1 of 12 26 #80 of 108 48 #57 of 108
Profitability 100 #1 of 12 35 #68 of 104 85 #17 of 104
Financial Health 8 #12 of 13 46 #63 of 115 18 #95 of 115
Shareholder Returns – 94 #6 of 81 93 #7 of 81
Overall 77 58 61
  • ECX ranked among 14 companies in Robotics and Automation
  • UEIC ranked among 121 companies in Computer Hardware
  • ZBRA ranked among 121 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodECXUEICZBRASPY
1 month -26.6%+2.7%+3.8% -0.8%
3 months -25.9%+15.4%+45.2% +3.5%
6 months -30.4%+24.6%+73.8% +7.0%
Year to date -53.5%+45.7%+58.2% +12.2%
1 year -64.9%+20.4%+24.4% +13.0%
3 years -80.0%-30.2%+85.4% +86.3%
3 years, per year -41.5%-11.3%+22.9% +23.1%
5 years -91.8%-87.1%-25.8% +68.6%
5 years, per year -39.4%-33.7%-5.8% +11.0%
10 years —-92.2%+472.1% +258.0%
10 years, per year —-22.6%+19.1% +13.6%

Risk

MeasureECXUEICZBRASPY
Volatility, 1Y 82.8%55.7%47.3% 12.7%
Downside volatility, 1Y 91.2%51.6%42.0% 12.7%
Beta vs S&P 500, 1Y 1.400.351.69 1.00
Return / volatility, 1Y -0.780.370.52 1.02
Max drawdown, 5Y -92.6%-93.6%-67.8% -25.4%
From 52-week high -69.7%-10.5%-1.8% -1.8%
52-week high $2.64$5.88$391.00 $779.14
52-week low $0.80$2.76$199.30 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleECXUEICZBRA
P/E now vs peer median -7.8x -4.4xmedian 32.0x 34.0xmedian 32.0x
P/S now vs peer median 0.3xmedian 17.8x 0.2xmedian 2.8x 3.1xmedian 2.8x
EV/EBITDA now vs peer median — 5.6xmedian 19.4x 19.4xmedian 19.4x
P/FCF now vs peer median —median 14.0x 8.2xmedian 29.0x 20.1xmedian 29.0x
P/B now vs peer median -0.9xmedian 1.0x 0.5xmedian 2.9x 5.3xmedian 2.9x
PEG now vs peer median -0.16 -0.11median 1.13 -9.00median 1.13

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsECXUEICZBRA
Revenue $881.30M $330.57M $5.85B
Gross profit $184.00M $97.69M $2.90B
Operating income -$8.80M -$2.77M $858.00M
Net income -$35.90M -$15.10M $539.00M
Free cash flow – $8.24M $904.00M
R&D $107.60M $21.87M $622.00M
EPS (diluted) $-0.10 $-1.13 $11.20
Cash & equivalents $156.16M $32.40M $157.00M
Total debt $556.66M $86.37M $2.77B
Shares (diluted) 338.66M 13.43M 48.13M
Enterprise value -$22.23M -$58.50M $16.92B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricECXUEICZBRA
P/E -7.8x -4.4x 34.0x
P/FCF – 8.2x 20.1x
P/Operating cash flow – 5.9x 18.6x
P/S 0.3x 0.2x 3.1x
P/B -0.9x 0.5x 5.3x
P/Tangible book -0.8x 0.6x 6.7x
EV/EBITDA – 5.6x 19.4x
EV/EBIT -73.7x -20.3x 24.2x
EV/Revenue 0.7x 0.2x 3.6x
EV/FCF – 6.8x 23.0x
EV/Operating cash flow – 4.9x 21.2x
PEG (3Y EPS CAGR) -0.16 -0.11 -9.00

Growth

14 metrics
MetricECXUEICZBRA
Revenue growth (1Y) 11.4% -17.9% 12.7%
Revenue CAGR (3Y) 15.7% -12.1% 2.1%
Gross profit growth (1Y) 29.9% -16.7% 14.9%
Gross profit CAGR (3Y) 6.1% -8.1% 4.2%
Operating income growth (1Y) 92.7% 58.6% 8.1%
Operating income CAGR (3Y) 63.2% 63.9% -0.9%
Net income growth (1Y) 74.6% 7.8% -1.6%
Net income CAGR (3Y) 41.5% 40.4% -6.1%
EPS growth (1Y) 74.4% 9.3% 4.8%
EPS CAGR (3Y) 47.8% 41.3% -3.8%
Operating cash flow growth (1Y) – -61.7% 5.8%
Operating cash flow CAGR (3Y) – -34.8% 63.5%
Free cash flow growth (1Y) – -68.0% 6.0%
Free cash flow CAGR (3Y) – -32.6% 83.6%

Profitability

14 metrics
MetricECXUEICZBRA
Gross margin 20.9% 29.6% 49.6%
EBITDA margin – 3.0% 18.3%
Operating margin -1.0% -0.8% 14.7%
Pretax margin -2.2% -2.4% 12.1%
Net margin -3.9% -4.6% 9.2%
FCF margin – 2.5% 15.5%
Operating cash flow margin – 3.5% 16.7%
Return on equity – -10.7% 15.6%
Return on assets -4.2% -5.8% 6.4%
Return on invested capital -4.6% -1.7% 10.6%
Return on capital employed – -1.9% 19.1%
Asset turnover 1.0x 1.3x 0.7x
Cash conversion (OCF / net income) – -0.8x 1.8x
Stock comp / revenue – 0.9% 3.0%

Financial Health

11 metrics
MetricECXUEICZBRA
Debt / assets 56.5% 7.8% 32.0%
Debt / equity -2.1x 0.1x 0.8x
Net debt / EBITDA – -1.2x 2.4x
Debt / FCF – 2.5x 3.1x
Liabilities / assets 127.0% 46.5% 60.2%
Equity / assets -27.0% 53.5% 39.8%
Interest coverage -0.3x – –
Current ratio 0.7x 1.8x 0.5x
Quick ratio 0.5x 1.1x 0.3x
Cash ratio 0.2x 0.3x 0.0x
Altman Z-score -1.07 2.89 3.75

Shareholder Returns

7 metrics
MetricECXUEICZBRA
Dividend yield – 4.6% –
Net buyback yield – 3.4% 5.0%
Shareholder yield – 8.0% 5.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusECXUEICZBRA
Forward P/E – 11.0xFY2026 17.0xFY2026
EPS, next fiscal year $-0.02FY2026 $0.48FY2026 $22.59FY2026
EPS growth, next FY – +54.8%FY2026 +42.6%FY2026
EPS growth, the year after – +16.7% -4.5%
Revenue, next fiscal year $1.10BFY2026 $288.89MFY2026 $6.35BFY2026
Revenue growth, next FY +31.2%FY2026 -21.6%FY2026 +17.7%FY2026
Revenue growth, the year after +25.0% +11.6% +1.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersECXUEICZBRA
Held by institutions 5.2% 53.5% 100.0%
Institutions holding 39 46 644
Change in shares held, QoQ +3.3% -2.2% +4.5%
Institutions buying 23 18 309
Institutions selling 8 16 242
Buyers to sellers 2.88 1.13 1.28

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ECXUEICZBRA
ECX 1.00 0.03 0.10
UEIC 0.03 1.00 0.20
ZBRA 0.10 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ECX, UEIC and ZBRA?

Zebra Technologies (ZBRA) is the largest by market capitalisation: ECARX Holdings (ECX) $270.39M, Universal Electronics (UEIC) $67.54M, Zebra Technologies (ZBRA) $18.37B.

Which company is growing faster?

Zebra Technologies (ZBRA) grew revenue fastest over the trailing twelve months: ECARX Holdings (ECX) +11.4%, Universal Electronics (UEIC) -17.9%, Zebra Technologies (ZBRA) +12.7%.

Which company is more profitable?

Zebra Technologies (ZBRA) has the highest net margin (ECARX Holdings (ECX) -3.9%, Universal Electronics (UEIC) -4.6%, Zebra Technologies (ZBRA) 9.2%). On return on invested capital, Zebra Technologies (ZBRA) leads (ECARX Holdings (ECX) -4.6%, Universal Electronics (UEIC) -1.7%, Zebra Technologies (ZBRA) 10.6%).

Which stock has performed better?

Over the past year Zebra Technologies (ZBRA) returned the most: ECARX Holdings (ECX) -64.9%, Universal Electronics (UEIC) +20.4%, Zebra Technologies (ZBRA) +24.4%. Over five years, Zebra Technologies (ZBRA) compounded fastest (ECARX Holdings (ECX) -39.4%/yr, Universal Electronics (UEIC) -33.7%/yr, Zebra Technologies (ZBRA) -5.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Zebra Technologies (ZBRA) has been the steadiest (ECARX Holdings (ECX) 82.8%, Universal Electronics (UEIC) 55.7%, Zebra Technologies (ZBRA) 47.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ECX, UEIC and ZBRA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Zebra Technologies (ZBRA) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.