Ubiquiti Networks Short Thesis Doesn’t Add Up

  • Ubiquiti does things differently. It generally offers good products for much lower prices compared to the competition, but also enjoys significantly better margins.
  • That seems too good to be true, hence the company has critics.
  • But unless there is something big hidden in the figures, we find most of the criticism missing the mark.
  • We think that Ubiquiti’s lean business model and apparently top-notch R&D can explain much of their performance.

Ubiquiti Networks Short Thesis Doesn’t Add Up