ULTRA CLEAN HOLDINGS INC (UCTT) Stock Fundamental Analysis
NASDAQ:UCTT - Nasdaq - US90385V1070 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to UCTT. UCTT was compared to 110 industry peers in the Semiconductors & Semiconductor Equipment industry. While UCTT is still in line with the averages on profitability rating, there are concerns on its financial health. UCTT is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year UCTT was profitable.
In the past year UCTT had a positive cash flow from operations.
Of the past 5 years UCTT 4 years were profitable.
UCTT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.49%, UCTT is in line with its industry, outperforming 50.91% of the companies in the same industry.
UCTT has a Return On Equity (3.22%) which is in line with its industry peers.
UCTT has a better Return On Invested Capital (4.40%) than 60.91% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UCTT is significantly below the industry average of 10.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.49% | ||
| ROE | 3.22% | ||
| ROIC | 4.4% |
ROA(3y)0.54%
ROA(5y)2.91%
ROE(3y)1.19%
ROE(5y)6.44%
ROIC(3y)5.52%
ROIC(5y)7.36%
1.3 Margins
UCTT has a Profit Margin (1.31%) which is in line with its industry peers.
UCTT's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 4.11%, UCTT perfoms like the industry average, outperforming 51.82% of the companies in the same industry.
UCTT's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 16.73%, UCTT is not doing good in the industry: 84.55% of the companies in the same industry are doing better.
UCTT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.11% | ||
| PM (TTM) | 1.31% | ||
| GM | 16.73% |
OM growth 3Y-20.77%
OM growth 5Y7.6%
PM growth 3Y-41.65%
PM growth 5YN/A
GM growth 3Y-6.02%
GM growth 5Y-1.65%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UCTT is destroying value.
UCTT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, UCTT has more shares outstanding
UCTT has about the same debt/assets ratio as last year.
2.2 Solvency
An Altman-Z score of 2.62 indicates that UCTT is not a great score, but indicates only limited risk for bankruptcy at the moment.
UCTT has a Altman-Z score (2.62) which is in line with its industry peers.
The Debt to FCF ratio of UCTT is 18.86, which is on the high side as it means it would take UCTT, 18.86 years of fcf income to pay off all of its debts.
UCTT has a Debt to FCF ratio (18.86) which is in line with its industry peers.
A Debt/Equity ratio of 0.54 indicates that UCTT is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.54, UCTT is not doing good in the industry: 73.64% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 18.86 | ||
| Altman-Z | 2.62 |
ROIC/WACC0.37
WACC11.79%
2.3 Liquidity
A Current Ratio of 3.03 indicates that UCTT has no problem at all paying its short term obligations.
UCTT's Current ratio of 3.03 is in line compared to the rest of the industry. UCTT outperforms 50.91% of its industry peers.
UCTT has a Quick Ratio of 1.83. This is a normal value and indicates that UCTT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.83, UCTT is doing worse than 61.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.03 | ||
| Quick Ratio | 1.83 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 121.21% over the past year.
UCTT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.60% yearly.
The Revenue has grown by 20.21% in the past year. This is a very strong growth!
Measured over the past years, UCTT shows a quite strong growth in Revenue. The Revenue has been growing by 14.49% on average per year.
EPS 1Y (TTM)121.21%
EPS 3Y-29.85%
EPS 5Y8.6%
EPS Q2Q%3.7%
Revenue 1Y (TTM)20.21%
Revenue growth 3Y-0.06%
Revenue growth 5Y14.49%
Sales Q2Q%8.56%
3.2 Future
UCTT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.58% yearly.
UCTT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.15% yearly.
EPS Next Y-21.37%
EPS Next 2Y3.87%
EPS Next 3Y6.14%
EPS Next 5Y25.58%
Revenue Next Year-3.65%
Revenue Next 2Y-0.94%
Revenue Next 3Y2.75%
Revenue Next 5Y7.15%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.81 indicates a correct valuation of UCTT.
UCTT's Price/Earnings ratio is rather cheap when compared to the industry. UCTT is cheaper than 85.45% of the companies in the same industry.
When comparing the Price/Earnings ratio of UCTT to the average of the S&P500 Index (27.41), we can say UCTT is valued slightly cheaper.
UCTT is valuated correctly with a Price/Forward Earnings ratio of 15.69.
Based on the Price/Forward Earnings ratio, UCTT is valued cheaper than 81.82% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.19, UCTT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.81 | ||
| Fwd PE | 15.69 |
4.2 Price Multiples
93.64% of the companies in the same industry are more expensive than UCTT, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, UCTT is valued a bit cheaper than 65.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.45 | ||
| EV/EBITDA | 7.87 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.96
EPS Next 2Y3.87%
EPS Next 3Y6.14%
5. Dividend
5.1 Amount
No dividends for UCTT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:UCTT (7/14/2025, 3:45:59 PM)
24.54
-0.41 (-1.64%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners94.19%
Inst Owner Change0%
Ins Owners1.59%
Ins Owner Change3.2%
Market Cap1.11B
Analysts84
Price Target31.37 (27.83%)
Short Float %2.75%
Short Ratio2.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.26%
Min EPS beat(2)-12.16%
Max EPS beat(2)12.68%
EPS beat(4)3
Avg EPS beat(4)6.72%
Min EPS beat(4)-12.16%
Max EPS beat(4)22.07%
EPS beat(8)5
Avg EPS beat(8)11.4%
EPS beat(12)6
Avg EPS beat(12)6.71%
EPS beat(16)8
Avg EPS beat(16)4.91%
Revenue beat(2)0
Avg Revenue beat(2)-2.3%
Min Revenue beat(2)-3.36%
Max Revenue beat(2)-1.24%
Revenue beat(4)2
Avg Revenue beat(4)0.34%
Min Revenue beat(4)-3.36%
Max Revenue beat(4)3.25%
Revenue beat(8)3
Avg Revenue beat(8)-0.76%
Revenue beat(12)6
Avg Revenue beat(12)-0.33%
Revenue beat(16)7
Avg Revenue beat(16)-0.41%
PT rev (1m)0%
PT rev (3m)-35.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-41.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.62%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-8.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.81 | ||
| Fwd PE | 15.69 | ||
| P/S | 0.52 | ||
| P/FCF | 43.45 | ||
| P/OCF | 13.29 | ||
| P/B | 1.27 | ||
| P/tB | 2.58 | ||
| EV/EBITDA | 7.87 |
EPS(TTM)1.46
EY5.95%
EPS(NY)1.56
Fwd EY6.37%
FCF(TTM)0.56
FCFY2.3%
OCF(TTM)1.85
OCFY7.53%
SpS47.36
BVpS19.31
TBVpS9.5
PEG (NY)N/A
PEG (5Y)1.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.49% | ||
| ROE | 3.22% | ||
| ROCE | 5.57% | ||
| ROIC | 4.4% | ||
| ROICexc | 5.51% | ||
| ROICexgc | 8.5% | ||
| OM | 4.11% | ||
| PM (TTM) | 1.31% | ||
| GM | 16.73% | ||
| FCFM | 1.19% |
ROA(3y)0.54%
ROA(5y)2.91%
ROE(3y)1.19%
ROE(5y)6.44%
ROIC(3y)5.52%
ROIC(5y)7.36%
ROICexc(3y)7.05%
ROICexc(5y)9.7%
ROICexgc(3y)11.03%
ROICexgc(5y)17.01%
ROCE(3y)6.99%
ROCE(5y)9.32%
ROICexcg growth 3Y-29.69%
ROICexcg growth 5Y0.39%
ROICexc growth 3Y-24.76%
ROICexc growth 5Y7.61%
OM growth 3Y-20.77%
OM growth 5Y7.6%
PM growth 3Y-41.65%
PM growth 5YN/A
GM growth 3Y-6.02%
GM growth 5Y-1.65%
F-Score7
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 18.86 | ||
| Debt/EBITDA | 2.87 | ||
| Cap/Depr | 76.28% | ||
| Cap/Sales | 2.71% | ||
| Interest Coverage | 2.1 | ||
| Cash Conversion | 50.92% | ||
| Profit Quality | 90.75% | ||
| Current Ratio | 3.03 | ||
| Quick Ratio | 1.83 | ||
| Altman-Z | 2.62 |
F-Score7
WACC11.79%
ROIC/WACC0.37
Cap/Depr(3y)117.55%
Cap/Depr(5y)104.35%
Cap/Sales(3y)3.87%
Cap/Sales(5y)3.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)121.21%
EPS 3Y-29.85%
EPS 5Y8.6%
EPS Q2Q%3.7%
EPS Next Y-21.37%
EPS Next 2Y3.87%
EPS Next 3Y6.14%
EPS Next 5Y25.58%
Revenue 1Y (TTM)20.21%
Revenue growth 3Y-0.06%
Revenue growth 5Y14.49%
Sales Q2Q%8.56%
Revenue Next Year-3.65%
Revenue Next 2Y-0.94%
Revenue Next 3Y2.75%
Revenue Next 5Y7.15%
EBIT growth 1Y96.21%
EBIT growth 3Y-20.82%
EBIT growth 5Y23.19%
EBIT Next Year4.91%
EBIT Next 3Y13.6%
EBIT Next 5Y24.27%
FCF growth 1Y-41.51%
FCF growth 3Y-78.56%
FCF growth 5Y-56.35%
OCF growth 1Y-41.51%
OCF growth 3Y-32.53%
OCF growth 5Y-11.69%