Deep Value: cash covers more than 100% of the stock price

This company holds roughly $43M in cash and investments — more than its entire stock-market value, based on its latest quarterly filing. You're paying very little for the actual business. Sometimes that's a genuine bargain or a takeover target, sometimes it's cheap for a reason. Not a buy signal on its own — always ask why it's this cheap.

uCloudlink Group

UCL

Telecommunications Services · Communication Services

Price

$0.72

-0.00 (-0.50%)

Market Cap

$27.2M

Exchange

NASDAQ Global Market

Winston Score

Winston is worried

Below-average fundamentals — multiple weak pillars.

Data as of Aug 9, 2026 · filings through Mar 31, 2026

Share count falling — buybacks

−86.8% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 28.6M (2021) → 3.8M (2025)

uCloudlink Group is a Chinese technology company that sells mobile data services to travelers and businesses around the world. Its main product is a portable Wi-Fi device called a "GlocalMe" hotspot, which lets people connect to the internet in foreign countries without paying expensive roaming fees. The company also licenses its cloud SIM technology — which lets devices switch between local mobile networks automatically — to other device makers and telecom partners.

uCloudlink earns money by selling hardware devices, charging for data service plans, and collecting licensing fees from partners who use its cloud SIM platform. It operates mainly in Asia, with customers across North America, Europe, and other regions who need affordable international data. The cloud SIM technology creates some switching costs, but the company faces intense competition from eSIM services built directly into smartphones, which are becoming more common and could reduce demand for standalone hotspot devices over time.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-10.1% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-525.0% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$5M/ year

↓ Declining (-21% vs prior year)

6.0% of revenue

Below sector average (12%)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

61.0%ownership

Insiders own a meaningful stake in the company

Cash Runway

~15 months

$43M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Adequate runway but may need to raise capital within 2 years

Revenue declining

uCloudlink Group's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

49.1%

Healthy — 49.1% gross margin

Operating Margin

-15.9%

Losing money on operations — -15.9%

ROCE

-7.3%

Weak — -7.3% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

-13.7%

Shrinking sales (-13.7% YoY)

EPS YoY

N/A

Data not available

EPS Consistency

3/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

-166%

Weak — only -166% of profit becomes cash

FCF Margin

-8.6%

Burning cash (-8.6%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.43

Conservative — low debt load (0.43)

Interest Cover

0.71x

Dangerous — barely covers interest (0.7x)

Interest coverage below 1. Their profits don't cover the interest bill.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

1.9x

Attractive valuation — P/E 1.9

P/E under 10. The price tag is small relative to last year's profit.

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial